WicktatorFX

WicktatorFX

Following on from our last analysis of Fantom, we closed our long setup with over 200% gains! We are now looking to take Fantom short. On the higher timeframe, we are in wave 2, which is an ABC correction. We are now looking for wave C to take Fantom down. Trade idea: - Safe entry on break of red trendline - risk entry on lower timeframe trendline break - tight...

WicktatorFX Updated 

Yes yes, we know... this is rather a glum view of the market BUT, we'd rather be open to every possibility so that we're not taken by surprise. According to Elliott Wave Theory, it's often the case that if Wave 2 is a simple correction, wave 4 turns out to be a complex correction. This seems to be what we're seeing right now. Wave 2 was a simple ABC correction...

WicktatorFX Updated 

Here's another unpopular opinion... We can see that we had a clear 5 wave impulse for wave 1. We are now in wave 2, which is an ABC correction. We're looking for one final move down to complete wave 2 correction. It may happen, may not happen. If it happens, you know what to look for! For confirmation that we're moving towards the $10 mark, we can look for the...

WicktatorFX Updated 

We are now at a critical point in our analysis. We are almost at the extremes of the parameters where Bitcoin can fall. Major Waves - Circled waves Subwaves - Bracketed waves In our analysis, we are still within the major wave 3 (which is made up of 5 subwaves). We are on the 4th subwave correction, which is an 3-3-5 ABC flat correction. We're anticipating...

WicktatorFX

In our last analysis we identified that we were in a correction and were looking for subwave c of wave B. We got another perfect setup! Almost 200% made on this move. We will be taking profits here and getting ready for the next move! Goodluck and as always, trade safe!

WicktatorFX

In our last analysis, we made everyone aware that SHIB was getting ready to explode. Safe to say that we sure did explode, with over 700% gained! We'll be targeting 0.00008 and then seeing how far we can go with this. Hope you guys managed to make some gains! Goodluck and as always, trade safe! See your previous analysis below

WicktatorFX Updated 

EURAUD is currently within a channel. It's appearing as a 535 zigzag and we're anticipating a breakout soon. Safe entry will be break of the red trendline. Risk entry will be bounce off channel or a lower timeframe trendline breakout. We'll be targeting the fib levels but it could fall short or go past the fib so we'll be taking a cautionary approach to our...

WicktatorFX

EURAUD is setting up really nicely for a big 650pip move to complete subwave c of Wave B. We are currently in what appears to be a Flat correction = 335 breakdown. Trade idea: - Watch for price to come into the buy zone - look for reversal signs and put your confirmations in such as BOS or trendline break - enter once confirmed - Targets: 1.68 (450pips), 1.7...

WicktatorFX Updated 

EURNOK is currently in wave 4, which appears to be a flat correction. Flat corrections consist of 3(A) 3(B) 5(C) subwaves. We are currently in wave C = 5 subwaves. We are anticipating one final move down to complete wave C. Trade Idea: - Enter on break of trendline or signs of reversal - stops above blue structure or above price once entry trendline breaks -...

WicktatorFX

For 3 months DXY was in a decline from October 2023 to December 2023. Price went on to create the perfect leading diagonal, consisting of 5 waves. On the 28th of December, we were anticipating price to complete the diagonal and bounce off our diagonal support and reverse. Price went on to do exactly that! So, how do we use DXY to find setups? DXY can be...

WicktatorFX

Bitcoin is at a very interesting level at the moment. We are months away from the next Bitcoin halving. The general consensus is that Bitcoin halving events are positive for the price of Bitcoin, and historically they have been. The event often generates optimism among crypto investors, leading to positive price action afterward. We are anticipating price to...

WicktatorFX

In our last analysis, we identified that we were in a major correction and that we were in the final wave of the correction. We called for shorts mid December and price went on to make a massive move lower. We have now another opportunity to enter shorts for the final time. Where we have the arrows marked out, we can see a really interesting fractal. In July...

WicktatorFX Updated 

In our last analysis we identified the subwave B correction. We didn't have much information at the time but now as more price has developed, we can see that we're making a complex abc correction for wave B. We will be looking for price to move down into our buy zone and then look for an entry trendline to get a confirmed entry. Trade Idea: - Watch for price to...

WicktatorFX

In our last analysis we identified a perfect breakout trade. We explained exactly how to enter - both risk entry and safe entry depending on your appetite. Setup played out perfectly resulting in a massive 450pip gain! What we now have is a typical correction before the next breakout. We could create a complex abc correction so if looking to trade the next...

WicktatorFX

There we have it folks! Another top caught perfectly! In our last few analysis, we mentioned that we were in a 535 zigzag and we're approaching a reversal point. We hit the ascending channel perfectly before reversing. Those that were following our analysis closely would have caught it. Well done! We'll be holding our shorts and actively managing our positions...

WicktatorFX

In our last analysis we identified that we were in wave 4 correction and were looking for one more move lower. We successfully remained below the wave 4 invalidation level, making our current scenario valid. We are expecting price to move lower to 0.013 to complete subwave 5 of wave C. Trade Idea: - look for shorting opportunities with stops above the wave 4...

WicktatorFX

From a technical standpoint, Natural Gas is currently at levels where there's very very limited downside and major potential for upside. Many times when we've seen prices come to these lows, price shot up hundreds of %. It's unlikely that we'll hit 0 and therefore balance of probability suggests that going Long on Natural Gas would be a good bet! Trade Idea: -...

WicktatorFX

EURNOK is currently giving us a masterclass on Elliott Wave. We have the perfect impulse schematic, which follows every rule of Elliott Wave Theory. IMPULSE ELLIOTT WAVE SCHEMATIC Wave 1 = 5 waves (Impulse) Wave 2 = 3 waves (Correction) Wave 3 = 5 waves (Impulse) Wave 4 = 3 waves (Correction) Wave 5 = 5 waves (Impulse OR Correction in the form of a diagonal) ...