xrp is making wave 5 and its final destination is 0.2 we analysed using wave count and wolfe wave please see my previous analysis as below any comments please share tnx
audcad is seeking for 0.88581 as its target fibo level and wolfe wave pattern along with wave count used in this analysis any comments please share tnx
I will position myself in a long order on Bitcoin after the equal lows are taken out. Closure below H4 demand invalidates the idea as we'd sink much lower in price if supply beat the demand here imo (and that is where I will be placing my stop loss orders and possible a short stop-limit order if I see fir by then). I will be taking profits at the three H2...
Fed Chair Jerome Powell has just delivered his speech at the Jackson Hole Symposium. In his speech, Powell highlighted the importance of the current fight against inflation. He noted that central banks must deliver low and stable inflation, aiming for price stability. Powell added that public’s expectations were an important factor. Powell added that the Fed...
usoil is waiting for its final leg upward to complete its 5 wave and then will start its correction which could be more than 78.6% market seems to be shrugging off global recession talk this week with the focus primarily on supply issues. But the upside momentum seems to be stalling. The charts indicate there is plenty of room for the upside before the market...
AC is now bullish as wave 5 of Wolfe has finally completed and formed a diamond reversal pattern. First target is the lid of that corrective channel and if successfully penetrated, the final target is shown in the arrow.
hello traders as USOIL and USDCAD is correlated heavily and inversely we can get an idea about how usoil will move based on usdcad wave structure based on the wave prediction below for loonie it is too hard to believe that at least for some while see bearish move . i think that we should change our mind about continuation of downwad move for wti if we look...
usdcad is in a huge correction as WXY before its rally starts as this pair is so correlated with usoil so we are keeping eye on it to get better view on WTI for now usdcad is moving up to complete X leg around 1.3111 and then will head south for completing Y leg towards 1.2592 any comments please share
Total Entry : 1.3 T TP1 : 1,6 T TP2 : 1,8 TP3 : 2 T Last TP : 3 T Stop : 980 B Close One Candle Weekly
wave 2 of wave V of wave C of wave Y seems to be finished after retraces 61.8% fibo level of its previous wave 1. i changed slightly wave count today after the rally happened yesterday made wave 2. Crude oil prices jumped higher yesterday after hitting a six-month low on a steeper-than-expected drawdown in U.S. crude stocks. Additionally, in a sign of strong...
●● Preferred count ● XAGUSD (SAXO) , 🕐TF: 1W Fig.1 You can read a detailed commentary on the counting of the wave structure of long-term waves in the previous review . At the moment, long-term growth is expected to resume within wave Ⓒ of III , which has the right to take the form of an impulse or a ending diagonal...
Bearish Wolfe waves - nothing much to explain! Very risky trade, and I am only risking some profits on it. Targets in green (stick to your own stop loss / leverage). Thought we could make use of $BTC's imbalance through impulse and the overbought RSI on the 15m timeframe diving below its RSI's MA for some quick gains. Use proper risk management and position...
Bullish Wolfe Waves forming on Bitcoin. 4 -> 5 broke the wedge with decent volume. Being conservative, I would expect wave 5 to reach the green rectangle. Using leverage is up to you.
Crude oil was under pressure at the start of the week as bleak economic data from top crude buyer China renewed concerns of a global recession and the market monitored talks on a reviving deal that would allow more Iranian oil exports. The early weakness was compounded after disappointing Chinese economic data renewed concerns of a global recession that would be...
Long-term investment do your own research not a financial advice
Long-term investment do your own research not a financial advice
bitcoin have two Scenario there is harmonic pattern bat if it successfully than Be careful from are 50K there is wolfe wave --------------------------------- another Scenario if bitcoin go under 40K then there is nice wyckoff