AMA_FX

AMA_FX

Hello I gave you my idea about Dollar in the last published post and this is just an update for what can probably happen for it. I see this consolidation in other charts (as a triangle) and it is not impossible for DXY. This is an idea. Thanks

AMA_FX Updated 

Hello I published my idea about XRP few weeks ago but now I just want to share another scenario that might be possible. Please always trade with you confirmations or you will be sadly surprised. For now I guess we should just focus on these confirmation/Invalidation levels. Thanks

AMA_FX Updated 

Hello everyone I think we should wait again for this symbol and let it to show us what will make in this channel. Note : sometimes you need to draw your channel so soon and one of my techniques that help me to trace more reliable channel is find as many as reactive points between the midline of my channel and minor pivots. To make it simpler let me show you in...

AMA_FX Updated 

Hello The main difference between Elliott and the other techniques is to draw a complete map from the start through the future of the market and none of other methods can do that. If this counting is correct or not wont change this rule and whenever our markings is incorrect we just need to repaint instead of changing our methods. For now this what I have labelled...

AMA_FX Updated 

Hello everyone I do not want to mention any entry signal in this chart but I just want to say that Apple a few waves 1,2 that are the part of extensions, so I do not believe that Apple experience very deep corrections yet and Rally has not finished yet.

AMA_FX Updated 

Hello We have discussed about this instrument in the last publish and I just want to give you some ideas about its waves counting. The important point is that it corrective patten has become more reliable and we can expect a rally after this correction. It might be waiting for BTC movement. Thanks

AMA_FX Updated 

Hello After Oct 2023 HD started to make a rally and now it seems that it is tired and reversed but I do not confirm a bearish market for HD unless I can count a bearish impulse wave. According to the chart, wave 1 and 2 minor ended and we in wave 3 unless it was an abc and trend continutes to its bullish movements. What makes it clear for us is that we can...

AMA_FX Updated 

Hello We have discussed about this trend and its opportunities in our last published idea and nothing is changed. I just want to give a complementary wave counting. In addition, the best wave for trade in EW method is wave 3 of 3 specifically in bearish market. I do not know if this counting is true or not, but we can confirm it if it drops down.

AMA_FX Updated 

Hello Sometimes you just need to see the chart simply and this chart is a perfect example. In the right shoulder you can count its corrective sub-waves but in weekly timeframe you are watching this beautiful Heard-and-Shoulder making its right shoulder. There is a big mistake for interpreting this pattern and I can see it even in the works of good traders. You...

AMA_FX Updated 

Hello It seems that USOIL decided to make a time-consuming pattern like Triangle but you know that no one can predict internal sub-waves of a triangle so the best strategy is to wait. There are 2 scenarios: 1. Oil is rising from here as wave 3 (Red) which does not make sense but possible. 2. Oil is making a Triangle the can be wave B of ABC of X or this triangle...

AMA_FX

Hello I have gave you my ideas about DOT and nothing has changed. This chart is just a temporary signal. I am not if it happens but if it was making an ABC for wave (ii), you'd be happy entering in that floor. Please get your confirmations before entering. This is immature idea and needs reliable confirmations. Thanks

AMA_FX Updated 

Hello I don't think that this analysis works for your today situation but it can make a simple plan for your next decisions. There is an alternative for this chart that says what did happen was an ABC and we are in the beginning of a bearish impulse but it is so far from my mind. We can decide about next movements whenever this trend passes confirmation 2. For...

AMA_FX Updated 

Hello You all know this project and it seems that it has collected all liquidity it necessary for a long time journey. In the aspect of EW, we have had a rally that started from 0.015252 and finished in 0.043841 and then it experienced a textbook flat (ABC Primary) which I expect is going to finish so soon. What is important for the investors of this symbol is...

AMA_FX

Hello I have published too many ideas about all symbols I have in my watch list but you now that most of them are making the same patterns and follow a similar concept of the market so please do not expect I publish every new waves. For most symbols we have had 2 consecutive correction and it seems that they are waves 1,2 of an extension. This scenario is...

AMA_FX Updated 

Hello I don't think it is necessary to repeat same expressions because it is really boring. What is happening in OIL market is to decrease the price and increase the sell power to balance it. WTI was able to penetrate into our resistance level and it is making a first wave. We traders should change our decisions whenever it is necessary and never insist in our...

AMA_FX

Hello There is no new idea for gold and what is happening is alternative ideas fir this wave 4 primary. This flat with ED for its wave C is one of those more probable ones. For me there are 2 scenarios for this wave 4 Primary: 1: Triangle 2: Expanded Flat (wave C = ED) Thanks

AMA_FX

Hello We have discussed about it in the last published idea and now I just want to remind that there are probably 2 scenarios for NEAR, both of which are bullish. In scenario 1 we have a Leading Diagonal that is making its wave 2 (ABC intermediate) and in scenario 2 there is 2 set of 1,2 wave of an extension. For scenario 1 every thing is acceptable except "time"...

AMA_FX Updated 

Hello One of the practical advantages of EW is these patterns like Ending Diagonal because when you know these patterns you are able to predict trend movements and estimate reversal and corrective patterns. I am not sure about this ED but if it happens we can expect a time consuming pattern with sharp drop then. Please keep it as an immature idea in your mind Thanks