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Wavestructure

Gold Bearish Development From the chart, we can see that the price is moving within a bearish channel for the the past weeks. Price already created a strong resistance zone near 1968 and continue to hold which is a clear indication that this bearish movement will hold. The last zone of support will be near the base of the channel after completion of the bigger WXY and it's internal degree abc. hold your short position or open a short position at a god entry point with your target at 1888.36 Good luck
OANDA:XAUUSDShort
by oxxygee
CADJPY Trend Change, GBPUSD downside continuesToday, we are focusing on the CADJPY chart as we observe the final stages of the wavestructure. The recent pullback from the previous momentum high (3) has formed a significant pattern known as the structural failure, indicating a potential shift in the trend. Considering our trading rules, we have patiently awaited the completion of the wavestructure (5). Now, we have identified a sell pattern known as the Market Structure High, characterized by a formation of three candlesticks at point (5). Shifting our attention to the GBPUSD, we can see that it is currently experiencing a downtrend, with the price trading below the Momentum low (5). No trend changing pattern has emerged yet, suggesting that we should anticipate further downside movement in the cable. Enjoy trading!
Short
by Charts247TradingAcademy
GBPUSD Long now to short laterThe GBPUSD picture shows a downward bias, but we need to complete the ongoing upward trend first. A bullish wavestructure has been observed, but it is not yet finished. Based on the wave count, we anticipate a Higher High above the current day's high before considering a strong short position. For a long continuation trade, a good entry point would be around the 2DH (1.2395), which is the closest buy point. The stop loss level can be set at 1DH (1.2372), which also coincides nicely with the 0.618% retracement level from the high to the low. Enjoy the trading!
Long
by Charts247TradingAcademy
1
WAVES 73 % drop or it will go to ZEROWe really can't be bullish on WAVES. Last days there was a lot of bad news regarding WAVES and USDN which is WAVES' algorithmic stablecoin. - USDN broke peg again. - DAXA issued an investor warning and Upbit exchange delisted both assets. It really gives LUNA's vibes. Either WAVES will drop very low in this bear market or it will go to ZERO. High risk coin but with a high risk , a high reward may come. We will monitor the situation and keep you updated. Stay safe!
WShort
by vf_investment
3
AUDCAD LONGPrice is consolidating in an expanding triangle from 1987 to till date after a clear bearish impulse from 1970s to 1987 which fundamentally 1980s ended in failure, a monetary policy failure – a deep recession provoked by interest rates of 18 per cent resulting in unemployment above 11 per cent. Then Corrected (A) to (B) with triple combo (Elliot Wave Correction) for 20 years and running for (C) wave since then beside Australia has seen average annual economic growth of 3.3 per cent over the period from 1992 to 2017. We are expecting and diagnosing wave (C) as shown in the graph. Have a better luck!!! If you like the idea hit support button. Thanks
Long
by KhalasMunafa
CADJPY Impulse Correction ContinuationWelcome back! Let me know your thoughts in the comments! **CADJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
4
USDJPY ELLIOT PRICE ACTION BREAKDOWNFrom my own perspective, it portrays to me like we're in a correction phase. I mean, a general rectangular correction wave looking at the bigger picture on a monthly timeframe. Currently, we are in primary wave of wave C in micro wave of wave 4 and wave 3 got completed making a 78.6% retracement from the all time high. Moreover, wave 4 just go started which contains 3 waves i.e. ABC wave correction after making or attaining a 50.0% fibs level, expect price to push up to the overall time high. Then, from there we can look for selling opportunities to the down side. lets watch and see how the market plays out. TIPS: WAVE A = 3 WAVES WAVE B = 3 WAVES WAVE C = 5 WAVES
by Ifeanyichukwuxx
2
CADCHF Swing I Headed down +150 PipsWelcome back! Here's an analysis of this pair! **CADCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
2
Cryptocurrency WAVES - trading planIf you look at all the cryptocurrencies on tradingview, only 4 are worthy of the current fall of Bitcoin. One of them is the cryptocurrency WAVES. And today we will share with you our trading plan for this cryptocurrency. Important information! now you can choose the cryptocurrencies for which we will make predictions. Read how to take part in the free voting under this idea. The cryptocurrency WAVES was actively falling throughout April. At a time when other cryptocurrencies were trying to grow, WAVES sellers were confidently looking for the bottom. And theoretically found. Since the beginning of May, we have seen that with the fall in the price of Bitcoin, the price of WAVES is either in place or even rising. The whole thing is in the range of $12 . This range proved its strength in May 2021. In January 2022, sellers managed to make a false break of this range. However, sellers failed to continue the decline. WAVES cryptocurrency trading plan. The presence of buyers, which they have proved with large volumes of bidding, allows us to plan trading situations in cryptocurrency WAVES. Large trading volumes and relatively small candles on the 3-day timeframe may be the result of fixing the profits of sellers who have been gaining their short positions since April 1. The main question is whether sellers will have the strength to break the liquid level of $ 12 without a deep correction? In our opinion, this is unlikely. In case the price returns to the range of $12, we are ready to gain a position in this cryptocurrency up to $10. If the sellers manage to lower the price of WAVES below $10, we will look for a way out of a break-even position or a small profit. If the WAVES price continues to rise from the current price, we will expect a stop at around $21.5. If after a rebound of $ 21.5 buyers again show strength around $ 12 it will be another great chance to buy WAVES with low risks. A stop order in this case should be placed below $10. An alternative scenario will take effect if buyers do not keep the $10 mark. In this case, the price of WAVES will fall to $5.
WLong
by P_S_trade
12
#WAVES/USDT 5 HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this WAVES/USDT 4hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : Forming Falling Wedge in the 5Hour timeframe. In Case of retest, Expect a +90-100% Bullish Wave. Entry :-$11.80,$12.50 (SPOT CALL) Target:-100% Stoploss:-$$11.15 This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you
WLong
by CryptoSanders9563