WicktatorFX

WicktatorFX Updated 

GALA looks like a very simple Impulse, correction, impulse. We've recently broken out of the year long correction with a nice impulse. We are now in an ABC correction which appears to be held within a parallel descending channel. We've seen both waves A and B and we are currently in wave C. See chart update for lower timeframe analysis. Trade Idea: - For a...

WicktatorFX

USDCAD is currently in wave 4, which is a WXY correction. Wave W = 535 ZigZag Correction Wave X = 335 Flat Correction Wave Y = 535 ZigZag correction We are currently in wave Y = Zigzag. We can see that wave A had 5 waves, wave B had 3 waves and now we're in wave C. We've see subwaves 1, 2 and 3. We are waiting for subwave 4 to appear and one final move lower to...

WicktatorFX Updated 

DOT has giving us an EASY trade setup. The big wave 2 was an irregular FLAT correction, which consisted of an ABC wave (3-3-5 breakdown). We are now in wave 3 and we've seen subwave 1 and currently in subwave 2. For confirmation of subwave 3, we can wait for the break of red trendline. Trade Idea: - Safe entry on break of red trendline - Risk entry anywhere...

WicktatorFX Updated 

In our last analysis for MANA, we identified that we were in subwave 2 of wave 5. We are now at the extremes of the subwave 2 as we're touching the ascending trendline which we anticipate to be respected. Our hard stops will remain below invalidation level but we can capitalise on a risk entry now. For a safe entry, we can watch for the red trendline to break,...

WicktatorFX Updated 

ETH is currently in wave 4 correction, which appears to be a WXY wave. On lower timeframe, we appear to have completed Wave X. We are now expecting the highs of wave X to be respected and we can watch for a lower timeframe trendline break for entry. Trade Idea: - Enter on trendline break - stops above wave X or above price once trendline breaks - Targets: 900,...

WicktatorFX

In our last NZDCAD analysis, we achieved a total of 200pips but we could not get past the channel. Price is still somewhat encompassed within the channel. For clarity we've removed the channel so that we can focus on immediate price action. NZDCAD 4H Trade Idea: - Watch for bullish price action on lower timeframe - Entry on break of red trendline - Stops below...

WicktatorFX Updated 

NZDJPY is currently in an an ABC correction. We have seen wave A, which was a leading diagonal and now completing wave B. We want to catch wave C which is marked out by the arrow. Trade Idea: - Watch for a break of the red trendline for confirmation - Enter with stops below price - Targets: 83.5 (350pips), 85 (500pips) Goodluck and as always, trade safe!

WicktatorFX Updated 

NZDCAD is currently In wave B correction and approaching the 50 fibonacci alongside the channel support. We are expecting a bounce off the channel and then break of the red trendline for confirmation. Trade Idea: - Watch for bounce off fibonacci/channel - Confirmation on break of red trendline - Stops go below the lows after the breakout occurs - Targets: 0.86...

WicktatorFX Updated 

CADCHF is currently trending bearish = looking for only sell setups. In this analysis, we can see multiple degrees of waves. Major waves = Black bracketed waves Subwaves = Red circled waves Minor waves = small red bracketed waves We are currently in subwave 3 which has 5 minor waves. We are seeing minor wave 2 correction now and anticipating minor wave 3 move...

WicktatorFX

In our last NZDUSD analysis, we identified that we were in a WXY wave for wave 2. We are currently in wave Y, which is a 3 wave move. We've seen wave A and now we're in wave B. We are showing some signs of rejection at the fib level. Trade Idea: - Watch for rejection of fib level - Use confirmation on lower timeframe such as trendline break or BOS - Enter with...

WicktatorFX

In our last analysis we identified that we were in wave 2 correction. We've seen waves A and B and now we've almost completed wave C. We're looking for price to complete wave C at the structure level before reversing for the longer term. Trade Idea: - Watch for rejection at the structure level indicated - For confirmation, watch for lower timeframe trendline...

WicktatorFX Updated 

EURCAD is showing us the perfect impulsive wave. As we can see, we are currently on the 4th wave correction which is an ABC wave. We are on Wave C now, which has 5 waves. We're expecting the final 5th wave higher, which will be broken down into 5 subwaves. 4H Timeframe Trade Idea: - Watch for break of red trendline for confirmation that we've started the 5th...

WicktatorFX

MANA is looking like its almost ready for a MASSIVE move.. At least 1000%. We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5. Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5....

WicktatorFX Updated 

In our past Bitcoin analysis, we identified that we were in wave 4 correction, which was an irregular flat correction. We had a strict invalidation level present (13.9k) and as long as we were above that level, we would remain bullish. We had a really nice descending trendline which we were monitoring for a break. Price broke out and pushed up more than 80%! See...

WicktatorFX

NZDCHF is showing us a nice clear FLAT correction = 3-3-5. We've completed waves A and B. We are now in Wave C. We are still at the very start of this massive move so an entry here would require a relatively small SL! Trade Idea: - Enter with stops below the lows - Target: 0.578 (300pips), 0.6 (500pips) Goodluck and as always, trade safe!

WicktatorFX

AUDUSD has given us 3 incredible setups in the last few months. Our first trade setup was after we broke the ascending trendline. We waited for a pullback and jumped in. Currently sitting at around 450pips. We also entered twice more on the clean corrections AUDUSD made. We are now anticipating one final leg down before expecting a reversal. Trade Idea: - Watch...

WicktatorFX

GBPUSD has recently given us a nice top to work with. We are now making our way down. We have recently seen the completion of wave 2 correction, which completed at the 78.6 fib retracement of wave 1. Trade Idea: - Risk entry now with safe stops above invalidation level - Safer entry on break of wave 2 correction - Targets: 1.2 (450pips), 1.8 (650pips) Goodluck...

WicktatorFX Updated 

EURUSD has been in a massive downtrend and it appears we are almost at the bottom. We are currently on the final bearish wave - which is made up of 5 subwaves. We've recently seen a perfect rejection of the 618 fibonacci and we've started the final bearish push. We've seen subwave 1 and 2. We are currently in subwave 3. Expecting 2 more waves and then a major...