We are just before the 0.786 fib level, on the daily SR and have a fresh 4h sell signal from the wavereader. 3 reasons for me to try a short.
Daily CPR not yet touched, wavereader in small TF bullish, target : Fib of the last downward movement
A tradeable setup from my point of view with a reasonable RR. The entry is based on the S2 pivot, the 0.66 Fib level and a possible 1h buy signal from wavereader. Target is first S1 pivot. Furthermore, I consider T2+T3 possible due to a resistance zone.
We find resistance at the FIB levels, Daily SR and the wavereader gives us 2 sell signals in the 4h timeframe
As in the title. we are currently at two points where we could find support, plus fresh buy signals from wavereader. Enough reasons for the trade
The only coin that shows a hint of bullish signs. The flag could bring the last leg up. Wavereader still bullish, Daily SR has held
We are currently in a no trade zone in GBPUSD. Depending on which Diamond Pocket is approached first, a setup results: Variant A: We test the resistance above and are rejected there for the time being, target area would be the current 4h SR. Variant B: We lose the 4h S/R here and find support at the lower Daily S/R levels.... Target would be a renewed test of...
I expect a further increase, so far the C&H looks good. Entry at breakout or buy signal. ____________________ BullvsBear Academy
Do we get from a bearish wolfe wave (yellow) a bullish one (green)? Point 1 - 2- 3- 4 is already there. I want to see a reaction at 1.618 FIB from point 3-4 first to see if it becomes one. The bullish WW would make the target area of the bearish almost impossible unless it becomes a quick squeeze. It's a precursory look at the next few days....
I see a bearish wolfe wave at bitcon. The Gundstruktur stands already, we have the High-Low-HH and HL, in the overbought area we were also already and have respected the limit for now. In addition (not to be seen on the chart) we are in a strong resistance zone. For more than 80 days, we are in a range after the big sell off in mid-May. I doubt that we will...
Range trading. Middle could give support, together with the FIB levels. If we do not get support, the next place to go would be the lower area of the range
In my eyes, we are just seeing the top of the Nasdaq here in the form of a WW in the Daily. We have reacted at the 1,618 FIB level.
As with the Nasdaq, we see a bearish Wolfe Wave on the SPX. After the sell-off at the beginning of the week, we changed into the bearish trend from the Wavereader, but were pushed directly back into the overbought area, as usual in this market. The good thing is: this gave us a fresh sell signal. It was not even tested the 0.786 FIB level in the sell-off, which...
There is a short opportunity for USDJPY. As shown once before, we have broken a long uptrend of over 75 days. We have already been rejected once from this trend bearish, which for me is a sign of further correction. Currently we are just at the 0.786 FIB leve, a daily S/R and we have a bearish trend in the 4h timeframe. The Sell signal, along with the one...
Just for the overview. Currently bearish in the 3D trend, but with take profit signal. I think we will oscillate between these two zones until there is a break, stood now rather downwards
All the prerequisites of a WW are there. Possible entries are marked in green. The 1.618 + 2.168 FIB level. The wavereader is in short mode, rightly so, however I think that if it gives us a take profit signal of the short signal, together with the WW we have a good trading opportunity
We bounced off the interesting line for reversal, in addition there was a reaction at the 0.786 FIB level, the wavereader will soon give a sell signal. The signs are short to 0.8525