X-WAVE
PayPal - Bullish Set Up on the horizon?PayPal faces a long downtrend with a additional big drop down after the last numbers. Again there is a attempt to find a bottom and there cold be a possible rebound with targets at 82 $ and above 100$ due to an cup and handle like figure as well as a not yet active Wolfe Wave. Not a long yet but it could turn into it.
LVMH - Bearish Wolve Wave in the D+1 Chart?Since the ATH LVMH has been decreased round about 20%. From the Fibonacci point of view, we have a classical 50% consolidation. The consolidation pattern is includes a Wolve pattern where the 5 is made and we now have to observed the activation of the pattern. If active, 10% potential is possible. The APEX is in the middle of October.
A movement to the top is possible, the RSI is close to oversold.
Hellena | EUR/USD (4H): Short to support area of 1.04922.Dear Colleagues, I assume that the price starts the development of wave 5. I believe that the price will renew the minimum and reach the support area. The nearest target is 1.04922. Be careful, if the price reaches the level of 1.06340, the forecast is canceled.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Bullish Wolfe pattern APE is cooking 🔥All 3 targets are important to watch when the price hits them.
The first three targets are significant, and when the price breaks through them, next target will be Wolfe Waves pattern target.
Each time the price reaches and breaks out of a target, it signifies increased buying power.
No stop-loss is necessary, as you can observe MACD divergences, even on small timeframes.
This implies an impending bullish trend, although any movement before that point is possible.
For 6 MACD timeframes in one chart see below
Hellena | DJI (4H): Long to 50% Fibo lvl 35002.Dear Colleagues, I assume that the price is completing the corrective wave 4 and now the impulsive wave 5 will start. I consider only long positions with the aim of reaching at least the area of 50% Fibonacci 35002.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
USDCHF ForecastWe have been stuck in a 4th wave of corrective moves for a while now. We will potentially start trading bearish very soon to complete wave 5 of the impulse sequence before getting any deep and interesting pullback( correction). A few key factors are true waves 1 and 4 no overlapped and wave 3 is not the shortest wave of all.
Possible revers on USD$Hi, i think there is possible revers on USD.
it's may be fake breakout of the Channel as what happened in the past when the fake breakout appeared on the down of the channel ( the red circles )
the target is the down of the channel, however it can break the channel to complete the wolf pattern
Fails if it move above 120-121$ .
GBPAUD long bias monthly perspective from daily charthi,
there is an uptrend on this asset. price swinging upper 0.61 fib extension level, thats nice cuz price now above the 0.61 fibonacci retracement of 3 years. thats sense bulls are on control.
i think price will range at upper level at august which 1.95-2.00.
if needs a demand i think the changed 1.9 level is will be work as key. it has a nice bullish candle from price. high volume level of the trend inside of trend is at 1.9 level.
i ll looking for gbpaud's bullish signal this month.
EUR/USD Price Completes Impulse SequenceIt's key to understanding the market structure in general, for a while now the EURUSD has been in an impulse phase the classic 1-2-3-4-5. Few points to highlight that validate the pattern waves 1 and 4 not overlapped and wave 3 is not the shortest wave.
It's been a while since we stuck on the 4th wave phase corrective pattern which was a Triangle with a wave E failure. Waves 1 and 5 are relatively equal. It's safe to say the bullish bias is over and we can expect the price to correct lower as a corrective pattern( zig-zag, flats, or complex corrections.