WaveAnalysis

WaveAnalysis Updated 

Hello traders. As you can see, we have a breakout after ABC structure and it looks like a correction is in the making. I put an entry order above the top. If your exchange let you, it can be a good idea. There is a possibility for same size correction and one down as wave Z, but noo need to worry about it at this point. In order to see my multi-timeframe analysis...

WaveAnalysis Updated 

Hello traders. I wish all of you a nice week. The first trade setup of this week is NATGAS. I'm looking for a short trade. As you can see It broke the correction and another correction is in the making. I put an entry order below the previous bottom and stop loss above the previous top. I will re-arrange my stop loss accordingly if it makes a new top. The target...

WaveAnalysis

Hello traders. I like to share my wave analysis for BTCUSD in 1M, 1W, 1D and 4H timeframes. MONTHLY As you can see, I'm very optimistic about the future of cryptocurrencies and Bitcoin. But, unlike the majority of cryptocurrency traders/investors, I believe that the journey of Bitcoin to the moon won't be started in short time. If you look at the monthly chart...

WaveAnalysis Updated 

Hello traders. I'm waiting for breakout to take short trade, because I'm expexting a big down move in higher degree, so it will make a weekly regular flat corrective structure. As you can see there is a possibility for one more up side for bigger correction before it came down. I think taking the trade is good idea, but stoploss should be moved to breakeven when...

WaveAnalysis Updated 

Hello traders. CHFJPY down move is completed in my opinion and we got reversal impulse, which broke the blue trendline. Now, it looks like a correction is in the making. Putting an entry order above previous top with stoploss below last bottom is my trade idea. If it makes a bigger correction something like I draw, I will take breakout trade. My target is 123.

WaveAnalysis Updated 

Hello traders. I'm expecting an up move (C wave), which will be the completion of corrective structure for more down side. That's why I'm waiting for a correction to take any long trade. I think there is some potanital for more down side inside of B wave. That's why if you take the trade, move your stoploss to breakeven as quickly as possible and leave it alone...

WaveAnalysis

Hello taders. As you can see, I have labeled the first drop with (A). Because this wave completed only 1 month after 3 years impulse and such a quick drop shouldn't be whole correction. Based on this fact, (B) wave should be in the making. I draw (B) wave's internal structure as ABC regular flat. But it can make 5 wave structure, it can go much deeper...

WaveAnalysis Updated 

Hello traders. My long term forecast on SP500 is huge drop as monthly 4th wave. That's why I can't miss any chance of taking short trades. This is one of these aggresive entries. I have a pending order below previous bottom and witing for a correction at the same time. I hope it make a correction, so I can find better entry, otherwise my pending order will be...

WaveAnalysis Updated 

Hello traders. I think putting an entry order below last bottom can be good idea. My first target is the completion of same size correction as 4th wave. If you look at the daily chat below, you can see the real reason of this trade, which is a possiblity for big down impulse after running flat. My idea is taking the trade, moving stoploss to breakeven and leave...

WaveAnalysis Updated 

Hello traders. NFP will be out soon. I like to share with you this trade setup because the potantial of up side is huge: I like to put an entry order above previous top. My goal here is being in the trade if it starts to go up with high momentum thanks to NFP. If you decide to put an entry order, it shouldn't tagged before news event, be careful. I'm risking...

WaveAnalysis Updated 

Hello traders. I like to take a short trade in EURCHF. I'm expecting either a correction in lower degree (yellow arrow), or higher degree (blue arrow). Even if I don't give any chance for it, there is also a chance for impulsive down move. The idea here, taking the trade, moving stoploss to breakeven, and leave it alone. So, we can see the potantial and if we are...

WaveAnalysis Updated 

Hello traders. As you can see I have an entry order above previous top and I'm expecting a very big up impulse (look at the chart below). After up impulse, it create very nice looking corrective structure and down move broke the previous bottom, so we have completed regular flat now. That's why I start to look at reversal.

WaveAnalysis Updated 

Hello traders. I don't want to be a buzzkiller, but we need to be realistic about Bitcoin -2.86% . The drop from 20,000 can be whole correction, but it is almost impossible. Because the corrective structures need to spend a lot of time before complete itself. Also, there is a time relation between impulse and its correction. After an impulse which took 4 years to...

WaveAnalysis Updated 

Hello traders. I'm expecting either weekly down impulse or weekly corrective structure after up wave. I believe last top was the end of it. So, I like to take short trade. Right now I'm waiting for a correction to sell it. For more details, please check the related idea and you can watch my video analysis.

WaveAnalysis Updated 

Hello traders. I put an entry order in EURUSD and it has tagged already. I'm expecting a correction for more upside. I took this trade just because up move can be whole correction even if it doesn't look like, and if this is the case down move potantial is very big. I'm expecting either weekly down impulse or weekly corredtive structure. This is risky trade, I...

WaveAnalysis

Hello traders. I like to take short trade on GBPUSD -0.15% . But as you can see down move can be 4th wave in correction. That's why I'm waiting for a small 15m correction before I take any short trade. If it goes up and make 5th wave, it will be a good chance for better entry.

WaveAnalysis Updated 

After another up move we still have divergence beween up impulses in all time frames and we have regular flat in 1D chat. I'm still looking for short trades. I put an entry order and now trade is active. You can wait for break out. This is a trade with high risk. I put at risk only 0.25% percent of my account. Because of very close stoploss I could take very nice...

WaveAnalysis Updated 

Hello traders. There is some potantial for down side, that's why I like to take short trade after break out (aqua) with stoploss at 1.29000. Probably it will bounce from the trend line and go up one more time in the channel and that up move will breake daily top. So, it will complete a regular flat structure. But just in case it can fall from here. I don't want...