Greetings fellow traders, I extend my best wishes for a prosperous New Year to you all. Allow me to share my analysis of the USDJPY market. As we can all observe, the pair is currently in a bullish trend, having exhibited the attributes of an impulsive 5-wave pattern. It seems we may be witnessing the conclusion of the last impulsive wave, assuming it is not...
Dear colleagues, the price has started a downward movement and formed wave 1. At the moment it is possible to update the minimum in the area of 2017, after which I expect the beginning of corrective wave 2 with the goal to reach 50% Fibonacci level in the area of 2039. It is possible that there will be no update of the low and the price will immediately start...
Dear colleagues, I suppose that the price has not formed wave c in the corrective movement. Therefore, I suppose that the price will either continue its formation or will reach 50% Fibonacci level, form a full-fledged wave b and then start an upward movement. Wave c should be higher than wave a, but we will set the nearest target at the resistance area of...
Dear colleagues, I assume that the price will continue the upward movement, because wave 3 is forming now. It should update the maximum of wave 1. Therefore, I expect that the price will come to the resistance area 1.10252. Before that, a small correction to the swing area 1.09613 is possible. Manage your capital correctly and competently! Only enter trades based...
Dear colleagues, I assume that the price has completed the five-wave structure and is currently in correction. It should update the maximum of wave 4 or at least reach its level. Hence, I expect the price to come to the area of 100% Fibonacci extension level at 2047.117. Before that a small correction to the area of 2025.872 is possible. Manage your capital...
Dear Colleagues, the price has gone out of the plane and now I see the beginning of a downward five-wave impulse. Most likely, wave 2 is almost over or will end at the resistance area 2038.245. I expect the formation of wave 3, which will reach at least the support area 2017.309. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Looking for Impulse Up. AudNzd moving up soon. AN formed a bullish wedge pattern to move up. You have to wait for TL break out with strong bulls candle then get in on retracement. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the...
Dear Colleagues, I believe that the price will still go higher, completing wave 5. Or the price will continue wave 3. I expect a small correction, after which the target will be reached in the area of 38153.16. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, the price is still flat. I assume that the price will continue to decline, because the price is in a large wave 2 of the higher order. The nearest target is the support area at 1.08769. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
#RIFUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about RIF. RIF is making the wedge pattern. And almost ready for a good bullish move. In this move we can see gain upto 40%+
Dear Colleagues, the price is still flat. I assume that the price will continue to decline, because the price is in a large wave 1 of the higher order. The nearest target is the support area at 2024.854. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
DXY started a recovery from 100.257 from the heavy decline due to the pause in the interest rate hikes back in December 13th, 2023. The index started to recover from 28th December and to 102.723 due to the positive news from the last Friday NFP fundamentals. Price was quickly knocked down by the negative news on the ISMs late Friday. DXY January candle has done a...
Dear Colleagues, I suppose that the downward movement is not over. I expect the low to be updated and wave 3 to end in the support area at 2027.800. This target is the nearest one. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I suppose that price has formed corrective wave 4 and is starting the impulsive movement of wave 5. I see the first resistance area on the way of wave 5 - the area of 1.10416. This is the area that can affect the price movement. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
LVS is setting up good, 3rd wave in progress. Target #1 56.50 Target #2 60
Looking for Impulse Down. GbpUsd moving down soon.It is on retracement now. You should look for entry on lower Time Frame. GU formed a bearish rising wedge pattern to fall. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the...
Dear colleagues, I suppose that the price is completing the corrective movement in waves a, b, c. I expect the price to reach the target of 100% Fibonacci extension level of 2049.040. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, Towards the end of the year we see a large accumulation of option contracts at levels that are well below the current price. I believe that we should look out for short positions. I expect that wave 2 has finished its movement near the 74.80 area and I expect an impulsive wave 3, which will come at least to the target in the support area of...