Greenfireforex

Greenfireforex

After a clean falling wedge formation, DXY is showing early signs of bullish momentum. Price action respects the trendline support + bullish orderblock (green zone) beautifully! Next targets: 101.000 — 103.000 zone. Watch for pullback entries before continuation. This is textbook falling wedge breakout behavior — stay sharp! Levels Marked: Support: 99.00...

Greenfireforex

Price action (falling wedge breakout) Institutional concept (BOS – Break of Structure, 78.6% Fibonacci retracement entry zone) Liquidity zones (4H LQ and key levels marked in green) Higher targets (institutional supply zones highlighted in cream boxes around 104-107)

Greenfireforex

Forecasted Move: First, a bullish breakout towards the upper blue levels (around 1.14000–1.14193). After hitting resistance, a sharp drop is expected. Pullback (small retracement) near the green trendline. Then, a bigger bearish move targeting the lower yellow demand zone around 1.11600–1.12225. Key Levels Marked: Resistance: 1.14000 – 1.14255 Support:...

Greenfireforex

Key Insights: Potential short-term bearish retracement incoming (Wave 5) Long-term bull trend remains , Wave (4) zone occurs. Ideal spot for smart traders to prepare setups using Elliott + supply/demand confluence.

Greenfireforex

Structure Overview Wave Count: You’ve marked the end of wave (5), indicating a potential trend reversal or correction. Bearish Setup: Price rejected the orange supply zone post wave (5), suggesting bearish pressure. Entry appears to be near the top of the small pullback into that zone. Target is set near the larger demand zone around 1.12274. Right-Side...

Greenfireforex

EUR/USD approaching potential reversal zone. Watching for confirmation to short from the top of wave C. Target: previous support. #elliottwave #forextrading #eurusd” Key Takeaways from the Chart: 1. Current Zone (C Wave): Price is entering the key resistance/supply zone. C wave completion is expected here (likely the end of the correction). 2. Bearish...

Greenfireforex

“USDCAD Bulls Beware: The Wave C Trap Is Setting In!” Price just completed an (A)-(B)-(C) correction, but this isn't your reversal zone yet. Watch the 1.36639 level closely—Elliott Wave suggests one more leg down before the real reversal. Will you catch the bottom or fall for the fake-out? #USDCAD #ElliottWave #ForexForecast #Forex #WaveAnalysis #ForexStrategy

Greenfireforex

Elliott wave+ SMC concept analysis Summary for Everyone: GBP/USD is going up right now. Target zone: 1.55–1.60 Then a big drop is possible

Greenfireforex

Idea in Simple Terms: Bias: Bearish. Current Position: Wave B or early C. Action Plan: Look for sell setups in the minor resistance zones. Final Target: 92.00–94.00 area . “Key Idea” Illustration: This shows a simplified roadmap: DXY is expected to rally slightly into the minor resistance. Then, a sharp drop toward the blue demand zone, respecting the ABC...

Greenfireforex

Strategy Recommendation Wait for: Rejection or bullish reversal pattern in Buy Zone. CHoCH or BOS in LTF (1H/4H). Target: 1.1600–1.2000 supply zone (wave v completion). Risk Management: Below the But Zone or trendline break.

Greenfireforex

SMC Insight Supply Zone Marked: Between 1.1500 – 1.2000. Price is heading toward the supply zone. On the right visual, schematic shows: Liquidity build-up below equal highs. Possible liquidity grab just above the supply zone. Expect reaction or reversal around that supply. --- Trade Bias Short-term: Bullish (momentum and structure are up). Long-term:...

Greenfireforex

EUR/USD is approaching the final leg of its corrective A-B-C structure. With wave (C) targeting the 1.15–1.18 supply zone, a major reversal setup is brewing. Wave (A)-(B)-(C) correction structure in play Current bullish momentum likely completing wave (C) Watch for potential 50% and 78% Fibonacci retracement zones for next sell setups Embedded Wyckoff...

Greenfireforex

” The GBP/USD weekly chart is unfolding beautifully under Elliott Wave theory. After completing wave (iv), price is charging upward in wave (v) toward the final resistance zone around 1.38–1.42. This impulsive structure is playing out textbook-style: Wave 1–2–3–4–5 mapped clearly Recent breakout confirms bullish strength Wave (v) target aligned with historical...

Greenfireforex

The U.S. Dollar Index (DXY) is tracing out its final wave of the Elliott 5-wave structure, with a powerful confluence of Smart Money Concepts (SMC) and key liquidity zones aligning for a major bearish reversal. Wave (iv) correction might offer the last sell opportunity before a deep wave (v) drives us into the golden demand zone near 91–93. Watch closely: Fair...

Greenfireforex

Pattern: Completed 5-Wave Impulse + ABC Zigzag Correction Current Price: 1.3056 Forecast: Bearish B-Wave Reversal Incoming? Technical Breakdown: Major impulse from 2007 to 2022 marked as 1 to 5 A corrective ABC move completed at the key resistance zone Price currently facing rejection from the C wave top High probability of a B-Wave trap forming before a drop...

Greenfireforex

Elliott Wave View: Large correction marked as Wave 4 in progress. Inside it, a (A)-(B)-(C) zigzag structure is unfolding. We’re currently in a sub-Wave B of C, expecting a short dip before a bullish move into the 104.80–105.60 supply zone (red box). Invalidation level sits at 108.247, confirming the correction is valid below that. 2. Price Levels &...

Greenfireforex

Wait for Completion of Wave B: Monitor if price shows rejection or reversal signs (like bearish engulfing, shooting star, etc.) near the recent high. 2. Entry for Wave C: Once reversal is confirmed from the top of Wave B, you can: Enter a Sell trade targeting the red zone (1.06924 to 1.06700 area). Use confirmation from 1H or 30min timeframes (bearish...

Greenfireforex

This DXY weekly chart highlights a potential (A)-(B)-(C) corrective structure unfolding after a completed 5-wave impulsive rally. Wave A bottomed out around the 100 level, followed by a retracement in Wave B which tested the 111.893 supply zone. Currently, price is reacting strongly from that level, suggesting a possible move toward completing Wave...