WaveAnalysis

WaveAnalysis Updated 

Hello traders. NZDUSD has some potential for upside. There are 2 options. (1) If the daily structure is an expanding flat, it should go up and break the previous top. (2) If the top point with the yellow flag can be the end of the daily structure. In this case, it should make a correction like the yellow arrow after down impulse and then it should keep going...

WaveAnalysis Updated 

Hello traders. I think down move is either a weekly correction or daily correction or impulse. In any case, there is a big potential for more downside. That's why I'm looking for short trade setups. I have an entry order because the structure looks like a correction so far. In the meantime, I'm waiting for the breakout and a correction to take a short trade. If I...

WaveAnalysis Updated 

Hello traders. DAX has some big potential for downside. As I can see the correction is an expanding flat in 1D timeframe. It can still keep going up because we don't have any divergence in 1H in up impulse. But, when it completes the C wave, it will go down. Of course, there are some other options, so down move can be a correction instead of an impulse. The idea...

WaveAnalysis Updated 

Hello traders. First of all, sorry for late publishing this idea. But, it went up while I was working on today's analysis video. Please wait for a correction to take any long trade. I took it because the structure between blue lines can be a running flat and if the previous bottom is the and of daily corrective structure, the target of up move will be breaking...

WaveAnalysis Updated 

Hello, traders. I'm expecting very nice up move in platinum. You can see my higher degree expectation in the followed chart, but it is almost impossible to explain by drawing because there are a lot of options. So, if you want to see detailed analysis, please watch today's analysis video on Youtube. The last down move has 5 waves already and the 5th wave looks...

WaveAnalysis Updated 

Hello, trades. This will be the 5th CHFJPY long trade. I hope this time it will start making next weekly up impulse. There is still a chance for some more downside, but those down moves will not change the structure, that's why I will keep taking long trades. I have put an entry order, but if I can find the better entry I will take it and remove the entry order.

WaveAnalysis Updated 

Hello traders. Another GBP pair is forming a very promising short trade setup. I had an entry order, but now my trade is active. I hope it will keep going down. I have put that entry order because I want to be in the trade if it falls like a rock. But waiting for a small correction after breakout would be a safer entry. You can see my long-term expectation on the...

WaveAnalysis Updated 

Hello traders. I have placed 2 entry orders with the same stop-loss and without any target. The risk of the first order is 1% and it is 0.5% for the second one. The second orders entry price is 0.786 retracement of down move. I will remove one of them when the other becomes active. I'm taking short trades in USDCAD because of the daily structure. It looks like a...

WaveAnalysis Updated 

After the weekly running flat, I'm expecting next up impulse. I will take a long trade by hoping an impulsive wave. But the last drop is too sharp to be the whole correction. It will go up but this move will probably be a correction. We will see, it's too early to say. I will take a long trade, then I will move stop-loss to break even and I will leave it alone.

WaveAnalysis Updated 

Hello traders. I took the short trade with an entry order. My forecast is the drop as C wave for the completion of the daily corrective structure. As you can see in 1H, it came down sharply and made a correction. I was hoping bigger correction before it takes me in but I'm in.

WaveAnalysis Updated 

Hello, traders. I have an entry order because I'm expecting an up impulse as C wave inside of the corrective structure. The minimum target of up impulse will be the breaking previous top if it makes a regular flat. That's why I have put an entry order but I hope it will come down first, so I can take a better trade.

WaveAnalysis Updated 

Hello, traders. I was ready to buy more Bitcoin and I bought some already. There is still chance for more down move to create a regular flat. But cryptocurrencies love to make contracting flats. That's why I bought. We will see. Up move will be the 5th wave. Its potential will be limited, but it can also be an extended 5. You can see my long-term forecast for...

WaveAnalysis Updated 

Hello, traders. I'm expecting a daily down impulse as C wave inside of running or expanding flat. That's why I'm looking for short trade setups. I have placed an entry order and I hope it will come down very fast. Target is not clear at this point.

WaveAnalysis

Hello, traders. I think down move is either a weekly correction or daily correction or impulse. In any case, there is a big potential for more downside. That's why I'm looking for short trade setups. I have an entry order because the structure between yellow lines looks like an expanding flat. Target is not clear, leave it empty.

WaveAnalysis

Even if I think down move will be a correction for one more upside instead of daily down impulse, I will take a short trade. I don't wanna miss any short trade setup under any circumstances, because the reward of down move can be huge. The structure looks like an expanding flat in 1H, so I have placed an entry order. After some drop, I will move my stop-loss to...

WaveAnalysis Updated 

Hello, trades. CADJPY has very good potential for downside. It can make either the C wave inside of correction or down impulse as the 5th wave. That's why I want to sell it. I just took the trade after the breakout. Stop-loss is 85.400 and the minimum target is 84.250.

WaveAnalysis Updated 

Hello traders. My forecast is the next up impulse after the weekly running flat. That's why I will take long trades. The last down move is too sharp to be the whole correction but it can be in some rare cases. I hope it will go up impulsive. Even if it makes a correction, it would be a good trade. The trade setup is sharp up move and very clear looking...

WaveAnalysis Updated 

Hello traders. EURGBP makes a correction after sharp up impulse. At least, it looks like a correction so far. My minimum target for any long trade is new daily top. I'm waiting for the breakout, then I will wait for a small correction, then I will take the trade. But if you look at the followed chart you can see that there is still a chance for one more down...