EduwaveTrading

EduwaveTrading

Hi traders, Last week Bitcoin consolidated and went up on Wednesday. This could be wave 4 (grey) and price is now in wave 5. Price came into a Daily bullish FVG so now we could see more upside again. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bullish, an impulse wave up and a small correction down on a lower...

EduwaveTrading

Hi traders, Last week gold consolidated and dropped. It looks like the b-wave of the correction was a Triangle and now it's in the last Wave c (blue). For next week we wait for the finish of the correction (Zigzag) into the Weekly FVG and after that we could trade longs again. Let's see what price does and react. Trade idea: Wait for the correction to finish...

EduwaveTrading

Hi traders, Last week SPX500USD did not close below the Daily FVG and broke the Weekly FVG. Now the trend has changed to bullish but price is moving very slow. This could indicate a leading diagonal (wave 1). So next week we could see a (corrective) move down from the Daily FVG above. Let's see what the market does and react. Trade idea: Wait for price come...

EduwaveTrading

Hi traders, Last week EU finished the correction and went lower just like I've said in my outlook. Next week we could see another wave down into the Weekly/ Daily FVG. After that upside again! Let's see what the market does and react. Trade idea: Wait for price to come into the FVG's and give a rejection. After a a change in orderflow to bullish, a small...

EduwaveTrading

Hi traders, It turned out that Bitcoin made a leading diagonal (wave 1) and a correction down (grey wave 2). After that it made the next impulse wave up just as I've said last week. Now we could see small corrections down and more upside for a new ATH. Let's see what the market does and react. Trade idea: Wait for a small correction down to trade longs. If...

EduwaveTrading

Hi traders, Gold went a little more up (finish grey wave 3) and after that the bigger correction for (grey) wave 4 started just as I've said last week. For next week we wait for the finish of the correction (Zigzag or Triangle) and after that we could trade longs again. Let's see what price does and react. Trade idea: Wait for the correction to finish and a...

EduwaveTrading

Hi traders, SPX500USD made a bigger orange X-wave last week into the Daily FVG. So next week we could see the start of the last impulse wave down to finish the bigger (red) WXY correction. But it first has to close below the Daily FVG. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bearish, a small impulse wave down and...

EduwaveTrading

Hi traders, My outlook last week of EU played out exactly as I've said! Just check my outlook of last week for proof. Wave 4 became a Triangle and after it finished, it went up again for the last wave 5 into the Daily FVG. After that it rejected and started the bigger correction down. Next week we could see some consolidation and another wave down into the...

EduwaveTrading

Hi traders, Last week Bitcoin consolidated the whole week. The outlook is still the same. Now we saw a 5 wave pattern up (which could be a leading diagonal wave 1) and a correction down. So we could see the next impulse wave after the finish of the correction. Or we see one more impulse wave down and after that more upside. Let's see what the market does and...

EduwaveTrading

Hi traders, This is what I've said last week in my outlook: next week we could see a correction and more upside for this pair. And I drew an arrow for the target. Now check the chart. This is the power of wave analysis in combination with liquidity sweeps and FVG's! For next week we could see a little more upside (finish grey wave 3) and after that a bigger...

EduwaveTrading

Hi traders, SPX500USD consolidated the whole week last week. So next week we could see the start of 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 small correction up on a lower timeframe to trade shorts. If you want to learn more about trading FVG's & liquidity sweeps...

EduwaveTrading

Hi traders, Last week EU finished the correction (orange) wave 4 and after that it went up again for wave 5 (orange). As you see price made a three wave impulse so wave 5 could be an ending diagonal or wave 4 becomes a Triangle. In both cases we could see some more upside next week. Let's see what the market does and react. Trade idea: Wait for a change in...

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...