WaveSavvyTrades

WaveSavvyTrades

Nice sell setup Disclaimer: This is not a financial advise. This is my way of sharing my trade ideas with the community and any decisions you make from this are entirely yours and has nothing to do with me.

WaveSavvyTrades

This patter is similar to the AUDUSD pattern. I expect price to pull back to about 0.7031 before finally selling off to point C (0.6615 region). A pull back to point D could spark a sharp sell off all the way to the 0.56 region (point E). This is quite a long shot so watch out for updates on this chart as price unfolds. If you like my analysis, please like,...

WaveSavvyTrades

Price is currently sitting on the 50 weekly moving average. I expect a pull back to about 0.7590 - 0.7618 zone (annotated selling point on the chart) before selling off to 0.7240 (200 weekly moving average) to complete the double top formation at point C. At this point, if price pull back to point D (emphasis on if), this may confirm the truncated fifth wave, and...

WaveSavvyTrades

Beautiful setup for a short to about 85+ region. Disclaimer: This is not a financial advise. This is my means of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.

WaveSavvyTrades

Crude oil is at the resistance of the broadening ascending wedge inside the bigger rising wedge. Also the RSI shows overbought conditions and divergence from price on both daily and weekly chart. Since this pair is highly volatile it may be best to look for a daily candle close with a shooting star at the resistance of the broadening descending wedge before going...

WaveSavvyTrades

Seems about the right time to short this stubborn pair now. Could go all the way down to the beginning of the wedge but targeting the 114 regions seems a safe bet. Disclaimer: This is not a financial advise. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.

WaveSavvyTrades

This is pure text book play. Could the plummeting start from the double top or point B (irregular correction point) ? Either way, price would more likely correct to wave 4 region. This is a high probability set up. Disclaimer: This is not a financial advise. This is my way of sharing my trade ideas with the community and any decisions you make from this are...

WaveSavvyTrades

This scenario could likely play out if price breaks above the ascending channel. Disclaimer: This is not a financial advise. This is my way of sharing my trade ideas with the community and any decisions you make from this are entirely yours and has nothing to do with me.

WaveSavvyTrades

Price has broken out of the smaller rising wedge and the target should be the start of the formation of the wedge which is around 1.1995 - 1.2. After that I expect price correction to about 1.2155 before continuing the downtrend to about 1.1715 to complete the formation of the head and shoulder pattern. At this point, based on the market conditions, there is a...

WaveSavvyTrades

Nice buy set up. Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.

WaveSavvyTrades

The Nikkei seems to be carving a nice pattern to plummet. This may also strengthen the JPY. Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.

WaveSavvyTrades

Is a correction underway before further advance? Disclaimer: This is not a financial advise. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.

WaveSavvyTrades

Possible price correction before the next leg up. Disclaimer: This is not a financial advise. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.

WaveSavvyTrades

Market sentiment seems to be very bullish about silver but seems silver is at risk of major correction at the moment. Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.

WaveSavvyTrades

The weekly chart shows that the gold shorts is still up for play. This also somewhat infers the coming price correction in CHF. Disclaimer: This is not a financial advice. This is just my way of sharing my trade ideas with the community and any decisions you take from this is entirely yours and has nothing to do with me.

WaveSavvyTrades

Seems price reset is underway. Disclaimer: This is not a financial advise. This is my way of sharing my trade ideas with the community and any decisions you make from this are entirely yours and has nothing to do with me.

WaveSavvyTrades

The CHF seems to be peaking against almost all major currencies. The Elliot wave analysis shows that price reset of the CHF may be on the way and price is currently consolidating in the horizontal channel. Though price could break either below or above this channel, my bias leans more towards breaking above. Disclaimer: This is not a financial advise. This is my...

WaveSavvyTrades

Price may retest the 200 weekly moving average and shoot up. Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.