EduwaveTrading

EduwaveTrading

Hi traders, Bitcoin dropped last week just as I've said in my outlook. The last move down was a 3 wave pattern so I think this was wave y (updated wavecount blue). In that case the bigger correction is finished. Now we see a 5 wave pattern up which could be a leading diagonal wave 1 and after a correction down we will see the next impulse wave. Or the move down...

EduwaveTrading

Hi traders, After XAUUSD reached 50% of the Weekly FVG last week it rejected and went up again (updated wavecount). Next week we could see a correction and more upside for this pair. So let's see what price does and react. Trade idea: Wait for a correction down and a change in orderflow to bullish. After a small correction down on a lower time frame you could...

EduwaveTrading

Hi traders, SPX500USD went straight into the target last week. From there it rejected and made a bigger correction (orange) wave X (updated wavecount). Next week we could see the last impulse wave down to finish the bigger (red) WXY correction. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bearish and a small...

EduwaveTrading

Hi traders, I think the bigger correction (red wave 4) for EU finished last week as a Triangle. After that we saw an impulse wave up (orange wave 1) and a correction so we knew price was ready to go up again for wave 3. After the correction (orange) wave 4 next week, we could see the impulse wave 5 (orange). Let's see what the market does and react. Trade...

EduwaveTrading

Hi traders, The price action of Bitcoin did exactly what I've said in my outlook last week. After a small pullback into the Daily FVG, it rejected and continued the downmove. Now we could see more downside for this pair to finish (blue) wave c. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bearish again to trade...

EduwaveTrading

Hi traders, XAUUSD did exactly what I've said in my outlook last week. I said we could see (a little) more upside because this pair was already in (grey) wave 5. So after wave 5 was finished, it started a bigger correction down. Next week we could see more consolidation for this pair. But let's see what price does and react. Trade idea: Wait for more...

EduwaveTrading

Hi traders, Could an outlook be more accurate then this? Last week I said that SPX500USD could see more downside. I also annotated the liquidity on the chart where we could see a reaction. And what did price? It took the liquidity, made a correction up (orange wave 2) and dropped. Did I know the news before? No of course not. This is the power of Wave analysis....

EduwaveTrading

Hi traders, I do it week after week. My outlook of EU last week was right again. After a small correction into the 4H FVG, price shot up into the Weekly FVG. I hope you've made some money of my prediction. From the Weekly FVG it rejected and made another correction. So next week we could see EU go up one more time (orange wave 5) and then drop for a bigger...

EduwaveTrading

Hi traders, Last week I've said in my outlook for Bitcoin that it could be making a leading diagonal (wave 1) or we could see another move down (ending diagonal blue wave c). Price could not stay above the higher bearish Daily FVG, dropped and made another bearish Daily FVG. So now we could see a small pullback up into the Daily FVG and after that more...

EduwaveTrading

Hi traders, It's a shame that my outlooks doesn't reach a lot of people. Many could benefit from it in my opinion. I don't think there are many more chartists with this kind of accuracy. For example, XAUUSD did exactly what I've said in my outlook last week. On Tuesday it made the change in orderflow (Ch) to bullish and on Thursday there were many trade...

EduwaveTrading

Hi traders, The price action of SPX500USD last week went exactly as what I've said in my outlook. I said we could see a (corrective) upmove to the higher Weekly FVG. It depends if the upmove is corrective or impulsive what would be the move after that. But also fundamentally we could see more longer term downside for this pair. Price went corrective up, rejected...

EduwaveTrading

Hi traders, Last weeks prediction of EU was again spot on. After the pullback finished (orange wave 4) into the Weekly BPR, price rejected and went up again. So next week we could see EU go up more to break the swing high. Let's see what the market does and react. Trade idea: Wait for a small correction down on a lower timeframe to trade longs. If you want...

EduwaveTrading

Hi traders, Last week I've said in my outlook for Bitcoin that it could be making a leading diagonal (wave 1) or we could see another move down (ending diagonal blue wave c). This analysis still applies. If price can close above the dotted trendline, it's bullish again. So let's see what the market does and react. Trade idea: Wait for a close above the dotted...

EduwaveTrading

Hi traders, Last week XAUUSD finished the impulsive wave 3, making a new ATH and after that it corrected for wave 4. It looks like wave 4 is finished and rejected from the Daily FVG. So next week we could see more upside for this pair. Let's see what price does and react. Trade idea: Wait for an impulsive move up and a change in orderflow to bullish. After a...

EduwaveTrading

Hi traders, SPX500USD did exactly what I've predicted. Last week I said we could see a (corrective) upmove to the higher Weekly FVG. It depends if the upmove is corrective or impulsive what we will be the move after that. But also fundamentally we could see more longer term downside for this pair. This scenario is still in progress for next week. So let's see...

EduwaveTrading

Hi traders, Last week EU went a little bit more up and rejected from the Montly FVG again. After that it started the last leg of the correction down just as I've said in my outlook. So next week we could see the pullback finish into the Weekly/ Daily BPR and after that more upside. Let's see what the market does and react. Trade idea: Wait for the correction...

EduwaveTrading

Hi traders, Last week EU went a little bit more up and rejected from the Montly FVG again. After that it started the last leg of the correction down just as I've said in my outlook. So next week we could see the pullback finish into the Weekly/ Daily BPR and after that more upside. Let's see what the market does and react. Trade idea: Wait for the correction...

EduwaveTrading

Hi traders, Last week Bitcoin made another move down (blue c-wave) to finish the bigger (grey) WXY correction just like I've said in my outlook. Now it could go up again but the way it's moving is not very impulsive. This could be a leading diagonal (wave 1) or we could see another move down (ending diagonal blue wave c). If price can break the dotted...