Hello Traders,
EURUSD has formed a Wolfe Wave in H1. Both Gwaves and my Model are pointing to the same area (highlighted in green). I don't expect new highs to be taken out just yet as the larger time frame suggests lower lows (see related link).
Goal of this test is to see if price will reach the 1-4 line of the Wolfe Wave within close proximity of the Green G wave level.
If so, could this be the ever elusive ETA of the Wolfe Wave??
Maybe.....just maybe.
-Sirak
Lets ditch the squares. We're going with lines.
Goal: Price must land where line and Gwave meet without making a new low.
Test Results thus far: 0 and 1
Best,
Sirak Babayan
Hello Traders,
A slurry of Gwaves has defined a potential target for USDCAD. Price is currently in an impulsive move to the downside. I expect price to land in the red circle highlighted on the chart.
Best,
Sirak Babayan
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Hello Traders,
EURNZD has provided a potential "playing field" for price to adhere to. Look for the Red S/R line to act as the magnetic force pushing price lower. Once that field is broken, look for the Green line to act as the next level of support. The Green line is our target with a more specific target area defined. I have provided a possible trajectory for...
Hello Traders,
The EUR is showing signs of an imminent decline. Gwaves have been detected and have given a potential time and date for price. The target is 1.08293 @ 5/29. Look for the curvature of the red circle to govern price moving forward.
Best,
Sirak Babayan
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Hello Traders, Friends, and others,
EURCAD has struck a force field in the Gwave world that will send price tumbling down towards the Target Area (green). This is more of an observational trade.
Best,
Sirak Babayan
Hello Traders,
As we continue down the never ending rabbit hole of Gwaves. We must pause and observe the effect it has on GBPUSD. As of now, it stays nestled above a key support level defined by the Gwave. However, a break and close below this level will send price to the next possible level of hesitation (the second highlighted level. A break below this level,...
Hello Traders,
A Gwave has been detected in NZDCAD. Based on the magnitude and force of the Gwave the final destination is highlighted in green. I have also highlighted important levels of Support and Resistance using the Gwave model. The soonest we will hit the Target area will be around June 8th. Pay attention to how price responds to the levels highlighted in...
Hello Traders and Friends,
Over the last several years. I have been engulfed with the idea that nature and everything within it is governed by a set of rules. That random events operate within a certain structure. At a macro level, we can look at the random formation of galaxies, the shapes of our planets, the orbit of those planets within our solar system and...
