Im anticipating a correction up to The 50% marked by the blue box. cant wait to see what kind of correction plays out.
Welcome everyone, My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by...
the one thing i love About the Elliott Wave Way of analysis is that,when wrong recounting the waves will explain where and why the trade went wrong. often after a miscount and an entry a the wrong wave,the next entry is near perfect!!! im still bias on a Buy trade here
●● Mine scenario ● 1D Most likely, the primary wave ((4)) forms a Contracting Triangle , in which the growth is subwave (B) in the form of a double zigzag W-X-Y. Further, i expect decline by the subwave (C) . The targets for wave (B) of ((4)) can be the level 790 , where there is a cluster of Fibonacci levels and extensions. ● 6h ...
Short term Elliott wave view in OIL ( $CL_F) suggests that the main cycle from April 2020 low remain bullish to the upside favoring more upside. Near-term, the rally from 01 November 2020 low unfolded as an impulse sequence where wave 3 of (1) ended at $47.88 high. While wave 4 ended at $45.88 low, wave 5 ended at $49.42 high. Thus completed wave (1) at $49.42...
Welcome everyone, My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by...
Hello my friends, Another setup coming to you. I've already posted NZDCHF, NZDJPY, XAUUSD, and CADCHF. The last trading plan for next week is EURCHF. I am using 4hr time frame for this analysis. As you can see the recent upwards movement could be labeled with Elliott Waves count and i think we're pretty much done with Wave-3. This is now a corrective wave which...
●● Mine scenario ● 1W On the left is a variant of count of the SP500 index, in which the wave ((5)) of V forms a diagonal. On the right is a variant of count of BTCUSD , which assumes a sideways correction by the wave ((4)) , as part of the final wave V of (III) . ● 1D Probably, wave (B) of ((4)) is forming a single zigzag (double),...
Hello all, It's pretty clear that we have a zig zag correction playing out here. Waves 'a' and 'b' have already been put in. This leaves us with the final wave 'c'. There is a strong possibility that it is already complete and the low has already been put in (please see linked idea below from Nov 22). A breakout to the upside will take price to the 1910-1920...
Hello my friends, Another trading plan for next week is EURGBP. After price breaking above the descending trendline, this pair has gone up aggresively and i think there is still more to it. Right now price retracing a little bit after going up for around 240 pips from 0.8980 to 0.9230. This retracement is only a healthy correction as long as price hold above...
Hello my friends, I hope you all enjoy your weekend. I would like to share my trading plans for next week and i hope you gonna enjoy my plan. If you find it useful, don't forget to give it a thumb up and follow me for my next update. As you can see there is a clear Head and Shoulders pattern on GBPJPY, Price broken below the neckline with a strong bearish...
Welcome everyone, My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by...
Hello my friends, Today we gonna set a pending order for XAUUSD as well. As you can see, price recently rally for 1100 pips from 1764 to 1874 in just 1 week. I think we could see some retracement as well before price continue to soars in XAUUSD. Recently price retrace from 1874 to 1825 which is 490 pips movement. I think there will be another move to the...
Hello my friends, Another setup to wait for is AUDUSD. As you can see, i tried to analyze this pair with a combination of elliott wave and harmonic pattern. I found something interesting in this pair which is a potential bearish shark pattern on the daily timeframe. AUDUSD right now retesting that 0.7500 area as a resistance which has served previously as a...