WaveAnalysis

WaveAnalysis Updated 

Hello traders... I'm still expecting an up impulse (C wave) which will break the previous top and the structure will be a regular flat. My forecast will remain same unless it doesn't break the previous bottom. There is no trade setup at this point but I'm waiting for a reversal impulse, then waiting for a small correction, then I'm putting an entry order over...

WaveAnalysis Updated 

Hello traders. I think it will make daily running or expanding flat before it goes up one more time. That's why I'm looking at short trade setups. The structure between green lines can be an expanding flat and as you can see it broke the blue trendline. Now, it's making a correction. Putting an entry order can be a good idea. There is no target at this point.

WaveAnalysis Updated 

Hello traders. I have put an entry order while I was recording today's video analysis. But, it went up before I manage to upload. Wait for a correction, then take the long trade. Up move can be wave C in expanding flat. In this case, it will come down one more time. Otherwise, it will go up and break the previous weekly top. If you don't have any long trade,...

WaveAnalysis Updated 

Hello trades. While I was recording today's video analysis, I was expecting some correction before this down move, but it just fell. Wait for a correction to take any trade. Don't jump in. My minimum target is the breaking of up trendline. Then we will see. There is a chance for one more upside, or it can go down and make new all-time low.

WaveAnalysis Updated 

Hello traders. It looks like the 4th wave is completed. That's why I'm expecting one more daily down impulse as wave 5. In the meantime, the up move can be a starting of bigger up impulse. In this case we will have correction. So, in any case, there is some potential for downside. I was waiting for the breakout to take a short trade. As you can see it broke. Now,...

WaveAnalysis

Hello traders. I have forgotten to publish this chart yesterday after I upload my video analysis. I'm expecting a very big down move. The trade setup has gone. Please wait for a correction before taking any short trade. No need to rush. Here is my medium-term forecast:

WaveAnalysis Updated 

Hello traders. Like all other GBP pairs, GBPAUD is making a weekly corrective structure. After correction, it will make its weekly down impulse. But I think there is a chance for one more up. As you can see inside of C wave we have 123 sofar, and I'm looking for short trade setups because my expectation is one more drop to the trend line. But 4th and 5th waves...

WaveAnalysis

Hello traders. There is a good trade setup here and I have put an entry order. I'm expecting a down move and whit this drop B wave will be completed. The target is breaking down blue A wave.

WaveAnalysis Updated 

Hello traders. I hope this time is the starting of down impulse. I haven't put an entry order yet. I'm waiting for an up move as C wave inside of correction. Then I will place my order. Here is my medium-term forecast.

WaveAnalysis Updated 

Hello traders. BTCUSD is still in the corrective phase and in the downtrend, but I believe blue Y wave is over. I don't think this will be the case, but there is a chance for Z wave after a same size correction with the previous X wave. I'm waiting for a correction in 1H to buy some Bitcoin. Please take a look at the related idea for detailed analysis.

WaveAnalysis Updated 

Hello traders. It looks like a correction is in the making for more downside. I have put an entry order. If it goes up and breaks previous top I will keep looking for short trade setups because of my higher degree forecast. If it comes down impulsive, I will be in the trade.

WaveAnalysis Updated 

Hello traders. It's going up very fast. I have put an entry order and my trade is active now. I think waiting for a flag before taking any trade will be a better idea. I wasn't expecting such a sharp move, but I'm in. The target is 0.50 retracement of down impulse, so it will complete the regular flat corrective pattern before next down impulse. Trade with care.

WaveAnalysis Updated 

Hello traders. GBPJPY has reached the strong Fibonacci confluence level. And now it is reversing most likely. Wait for a correction and then take the short trade. The target is the breaking of the weekly bottom. Trade with care...

WaveAnalysis Updated 

Hello traders. I like to share with you my gold analysis. Even if both directions are possible, we have a long trade setup. Let me explain. Yellow wave count is one option. Based on it, down move was the X wave and it will go up for Z. Minimum target is breaking the of Y. The structure between yellow lines looks like a flag for more upside. So, wait for the...

WaveAnalysis

Hello traders. I wish a nice week to all of you. I'm looking for short trade setups in this pair. Down move can be reversal impulse and the last up move can be the correction. Based on this possibility, selling it after breakout looks like a good idea. But please wait for a small flag after breakout because there is a chance for more upside. We have very strong...

WaveAnalysis Updated 

Hello traders. GBPUSD has come down very sharply and broke down trendline. No need to rush in order to take any short trade. Wait for a correction, then sell it. Down move can be C wave inside of daily X correction, or it can be weekly down impulse. It is not clear yet. Here is my medium-term expectation.

WaveAnalysis Updated 

Hello traders. I'm expecting an up move to 0.618 retracement and the completion of ABC corrective structure. So, I put an entry order as you can see. Here is my target:

WaveAnalysis Updated 

Hello traders. It broke the up trendline and now it's making a correction. I have an entry order as you can see. Waiting for breakout and correction in order to take short trade is also a good idea. Here is my forecast. But of course, I won't keep open this trade until it breaks weekly bottom. I'm just showing you the potential.