NASDAQ Elliott Wave Analysis for Wednesday 06/09/2023If the wave (4) down plays out like a double correction, it looks like we are ready now for another leg down. Wave (X) might be finished which means we can go down now as wave (Y).
Fibonacci
DOW Elliott Wave Analysis for Wednesday 06/09/2023The primary scenario is playing out and we are reversing from the wave ((b)) area. More downside is expected. The surprise would be that we get a double correction to the upside.
FTSE Elliott Wave Analysis for Wednesday 06/09/2023It looks like the primary scenario is playing out and we are reversing from the wave X area. We expect more downside as an ABC structure to finish wave Y.
DAX Elliott Wave Analysis for Tuesday 06/09/2023The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
Bitcoin Yet To Go Lower For A Sweep!Bitcoin performed a liquidity grab to the upside (origin of dump) now its heading to grab lower liquidities. 25.1 to 24.7 could be the possible target
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FTSE Elliott Wave Analysis for Tuesday 05/09/2023The primary scenario is playing out and we reached the wave X area. There are several indications that a reversal to the downside is near.
DAX Elliott Wave Analysis for Tuesday 05/09/2023The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
Fibonacci Trading And Price ActionThis is the reason why I entered a buy order at this price range.
- I don't know how much your account is, so I'll take the example of a small account.
- I have two options for entering a trade on any product or market, that is, you enter the trade, how much will you lose if this order loses and if you win, how much can you expect to gain? much.
Assumptions:
- A . chance of winning 80% get 20 USD
- B. chance to get 20 USD with 10%-20% win rate.
According to you, will you choose A or B ?
Sometimes I find that a lot of traders, and even seasoned traders, make this basic mistake.
- To avoid these basic errors, we often analyze and compare economic news to avoid these errors. As for me personally, I use the Fibonacci trading method to find important support and resistance levels to find entry points, stop loss points and profit taking expectations.
- In a trade, you must always set your stop loss at a reasonable point that is appropriate to your account volume. I will share this issue with you in another topic about capital management in trading.
Bitcoin Wants to Sweep the Lows !Bitcoin been consolidating for 2 days and could go lower today to liquidate late longers before a move to the upside.Ive also upload this to my YT.appreciate the support
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NASDAQ Elliott Wave Analysis for Monday 04/09/2023If the wave (4) down plays out like a double correction, it looks like we are ready now for another leg down. Wave (X) might be finished which means we can go down now as wave (Y).
DOW Elliott Wave Analysis for Monday 04/09/2023The primary scenario is playing out and we reached the wave ((b)) area. There are several indications that a reversal to the downside is near. The surprise would be that we get a double correction.
FTSE Elliott Wave Analysis for Monday 04/09/2023The primary scenario is playing out and we reached the wave X area. There are several indications that a reversal to the downside is near.
DAX Elliott Wave Analysis for Monday 04/09/2023The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
NASDAQ Elliott Wave Analysis Higher Timeframe (02/09/2023)In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up. However, there is a potential trap in which we might see way more downside as the wave II correction can still be ongoing.
Bitcoin still has room to go lower before a pull back to upsideBitcoin price hit 25.3 on friday but our expectation was at least 25.1 and at best 24.7. still wating for that.
Overall Im looking for long oppurtonities and Im holding my shorts
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DOW Elliott Wave Analysis Higher Timeframe (02/09/2023)In the higher timeframe, investors should wait for the pullback to buy again.
FTSE Elliott Wave Analysis Higher Timeframe (02/09/2023)In the higher timeframe, investors should wait for the next pullback to buy again. We are approaching the first relevant areas.
DAX Elliott Wave Analysis Higher Timeframe (02/09/2023)In the higher timeframe, the higher level wave ((1)) is probably finished. There is also an alternative scenario where we can make one more high to finish wave ((1)). This wave ((1)) should be followed by a wave ((2)) to the downside which is an interesting buying opportunity for investors.
Bitcoin still has to perform a higher short squeezWe dropped 22%, should expect a higher short squeez than 28.1 or break the support and go lower but does it have what it takes to go lower ?
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USD/CAD HTF and LTF Trades Breakdown and AnalysisOver the past few days i've posted a few trade ideas and setups specifically in regard to the USD/CAD pair.
In this video I walk you through my thought process for the overall future of the pair in addition to a breakdown of the trades I took (2/3 have hit their take profit so far) and my setup for taking them.
This is my first analysis video so I apologize if it's a little long - tried to get as much helpful and pertinent info in as possible. As always, feel free to reach out with any questions, comments, requests, etc!
Happy Trading!
- FourXTrader
NASDAQ Elliott Wave Analysis for Friday 01/09/2023If the wave (4) down plays out like a double correction, it looks like we are ready now for another leg down. Wave (X) might be finished which means we can go down now as wave (Y).
DOW Elliott Wave Analysis for Friday 01/09/2023The primary scenario is playing out and we reached the wave ((b)) area. There are several indications that a downward reversal is near.
FTSE Elliott Wave Analysis for Friday 01/09/2023The primary scenario is playing out and we reached the wave X area. There are several indications that a downward reversal is near.
