TimeWaveTrading

TimeWaveTrading Updated 

The current pattern has two cases. The first is when the daily rising wave no longer appears and falls into the weekly demand zone. The second is when it rises once more with an ending diagonal pattern. In other words, it is a case where the daily rising wave continues once more this week and descends to the weekly demand zone next week. The weekly demand zone...

TimeWaveTrading

USDCAD can be a correction pattern in which a complex W-X-Y structure is repeated. It needs a monthly correction, so it will need to hit the monthly demand zone once in order to rise.

TimeWaveTrading

USDJPY continued its daily downtrend, but now it needs to test its weekly supply zone. Looking at the November CPI data and the results of the December FOMC meeting, it seems that the market will decide the way to go again.

TimeWaveTrading

Platinum is a pattern that can revert to the weekly demand zone. If the market hits the weekly demand zone, there are two cases. 1. If the rebound is successful in the weekly demand zone, it can be an expanded flat pattern with a very large W-X-Y structure, so you can aim above the red dotted line. 2. If the rebound fails in the weekly demand zone, it becomes a...

TimeWaveTrading

USDCAD becomes a pattern that can go up once more. Let's watch the CPI data for December 13th. If the CPI data goes down, there will be a second bearish wave. And, a monthly upward wave is expected to be drawn in the monthly demand zone. This uptrend will renew the previous high.

TimeWaveTrading

It looks like the pattern of EURUSD has changed. So far, the daily upward wave is continuing. But soon the daily uptrend will stop and the support line will break. For the weekly demand zone to continue rising, a pattern that propagates as a weekly rising wave must emerge. To do so, the market needs to check the CPI data for November. If the CPI data for November...

TimeWaveTrading

For EURUSD, the pattern can be a correction pattern. The reason is that the correction pattern rose in an incomplete form. If the market stays below the red line at the top of the chart, a weekly correction pattern that breaks the daily upward wave may emerge, so Buy can be dangerous. Since the weekly demand zone has moved up a lot, if it gains support in the...

TimeWaveTrading

Gold could continue to rise until the November CPI announcement on December 13th. If the rise continues, a weekly correction of the daily bearish pattern is expected to come at a higher position than the current position. If the weekly correction proceeds as expected, this year will end with the correction pattern as it should reach close to the weekly demand...

TimeWaveTrading Updated 

USDCAD is expected to rise once more through the weekly correction process and ride the weekly downtrend. Therefore, if it succeeds in rebounding in the daily demand zone, there is a possibility of moving up to the weekly supply zone. And, we expect it to continue declining toward the monthly demand zone through the end of the year.

TimeWaveTrading Updated 

If gold is on an uptrend, there are two cases. 1. Zig-Zag Pattern 2. Running flat pattern Gold may continue to rise as the daily uptrend has not ended. If there is a retracement from above, the weekly demand zone is created above the red circle, so it can gain support and lead to another weekly uptrend. Conversely, if the weekly demand zone is created under the...

TimeWaveTrading Updated 

AUDUSD is positioned for a 4-hour bullish pattern. If successful, there will be an upward wave. Otherwise, the correction pattern will be completed only when you come down to the weekly demand zone. Watch today for a continuation of this pattern or a similar shaped uptrend initial pattern.

TimeWaveTrading

EURUSD has two cases. 1. When the daily upward wave ends and the weekly correction occurs. However, since the shape generated from the peak is an expanded correction, a deep drop may occur. If the rebound succeeds in the weekly demand zone, the weekly uptrend will continue, and if not, the monthly downtrend will come out as it comes down from the monthly supply...

TimeWaveTrading Updated 

Gold could be a pattern where the daily uptrend hasn't stopped yet. It broke above the daily supply zone after becoming a 4-hour bullish pattern. If support is regained here, a correction of the running flat pattern will be made as shown on the chart, and even if the 4-hour uptrend is broken, it is highly likely to rebound in the new daily demand zone. The reason...

TimeWaveTrading Updated 

AUDUSD can change patterns. It is currently rebounding within the daily demand zone, but if it continues to rise, a weekly correction process may occur above the top. If so, it will be a correction pattern of an extended W-X-Y structure like the chart, or a pattern in which a daily rising wave is created, and even if it retraces again, if it gains support in the...

TimeWaveTrading Updated 

Gold is in a very important position. The 4-hour bearish wave is currently underway, between the initial pattern of the 4-hour bullish wave with a slight rebound from the lows. Since there is a daily supply zone above, even if it rises, if it is pushed down here, the daily downward wave will start. However, if it rises again even if it is pushed down in the...

TimeWaveTrading Updated 

As EURUSD bounced out of the daily demand zone, the week demand zone moved above the top. However, in order to propagate as a weekly rising wave, a correction pattern that breaks the daily correction trend line will have to emerge. Since now can be the best correction pattern, if it is difficult to keep updating the high every day, it will definitely come down...

TimeWaveTrading Updated 

Most currencies went through the monthly correction process as the dollar fell, but AUDUSD did not go through the monthly correction process. Therefore, there is a possibility that AUDUSD will rise once more. In other words, it is highly likely that a bullish pattern may occur after a short weekly correction process. However, if the weekly demand zone falls too...

TimeWaveTrading Updated 

Since the DXY is forming the initial shape of a 4-hour bullish pattern, it can reach the daily supply zone. First of all, there are two cases: whether the daily downtrend is followed by market action in the daily supply zone, or whether it is propagated as a weekly correction reaching the weekly supply zone. First, if the daily downtrend continues, DXY is likely...