WAVES🌊 tsunamiWassup guys! Waves broke the dam in form of this triangle📐 and I think there is chance for "splash" to 3.07 and even higher, but we could see some correction first. I traded the initial breakout but one can set BUY LIMIT order to previous range high to catch🎣 the potential pullback. As always ... don't chase the market, let the market come to you.
ENTRY : local high @ 2.515
STOPLOSS (SL) : local low @ 2.315
TARGETS (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 3.07 but I see also lower hurdles @ 2.82 and 2.95.
REWARD RISK RATIO (RRR) : 1.5 | 2.15 | 2.75
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Waves
USD CAD - (US DOLLAR - CANADIAN DOLLAR)Hi there.
Price is moving impulsively to the upside.
Wait for the price to form a continuation pattern on a lower time frame and watch strong price action for buy.
GBPCAD FINAL SUBWAVE OF THE FOURTH WAVEBased on the analysis above, the market is currently almost at the end of the final subwave of the fourth wave. The wave 4 contains three corrective waves (ABC) with subwaves formantion of 5-3-5 waves. As of now, expect the completion of the subwave 4 of the entire correction and its supposed to contain 3 corrective subwaves (ABC waves). After the bullish anticipation will follow. Stay Tuned for moore updates...
LONG WAVES AREA ON BINANCE FUTURESI think waves are an interesting thing in analysis, there is a buy order area at 2$ with a risk ratio of 2.34, this is quite satisfying if it works. with stoploss area at 8%
NZDUSD ELLIOT WAVE BREAKDOWN [FINAL DROP]Currently, Wave 2 is almost coming to a completion and it conatains three waves (ABC corrective wave) but by the look of the whole structure, it happens it be a flat correction. Wave C which carries 5 waves (12345 waves) is at its last wave also which is the fifth final wave. WIll be looking for buying opportunities when is see some rejections off the end of the last fifth wave at 0.61900 price level.
✴️ Waves | 130-350% Mid-Term Potential (Name Your Altcoin #35)Let's go back to basics on WAVESUSDT (Waves).
Trading above EMA50 notice how the volume lines are much higher when green compared to red.
A simple signal that shows the bulls are more active than the bears.
The volume started to rise after 9-Jan and remains strong.
Just two days ago after EMA50 was tested as support we saw strong bull volume. The bulls buying all the sell orders.
Still, if the price moves and closes below EMA50, the mid-term bullish potential is weakened but not invalidated, we still have the November 2022 low at $2.035 as support.
Any trading above this level and the bulls are good.
In fact, strong support is also available lower.
Now, what I know you are interested in is the bullish potential.
We are always conservative with the targets and when these things start to move for real, they go beyond all of our targets... But is better to be safe than sorry.
Here I see 130% first when EMA300 is challenged, followed by 350%+ mid-term.
Long long-term, it can go up by thousands of percentage points.
It is very wise to always do your own research before trading, there is risks involved.
Waves is likely to grow together with the rest of the market... It just waiting its turn, the altcoins move in groups.
Namaste.
#WAVESBTC - Potential for 30% Coming Off Fresh RejectiontheCrypster -
After a generally downward trending scene with #WAVES for the last 11 months or so, mostly trending along the top edge of this channel we've attempted another top edge break, and got rejected again!
We've attempted a lower edge breakout only a couple of times and the most recent swing low is where we're going to be putting our Take Profit on this one. Around 30% is a very healthy trade!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
SHI/WETHGood fib confluence on the wave tops and same extensions as the first pump, so its possible we get a deep fast 4 wave now, which would satisfy the rule of alteration between waves macro 2 and macro 4, and then a 5th up to the 1.618 of the third
VITEUSDT The price correction is being completed. After the Z-wave triangle is completed, I expect the price to rise.
GOLD XAUUSD - Where now?Hi everyone,
We saw the reaction off the completed WXY highlighted last week (linked idea below) play out perfectly and the larger three wave corrective structure now also looks complete above the 1860 level.
My plan is to target the price inefficiency highlighted in the red boxes whilst monitoring how the forthcoming wave structure develops. Expecting initial resistance at the 1900 level.
A bullish five wave structure will likely lead gold higher beyond 1960, completing the impulsive move which began in September 2022. Will update how that plays out accordingly.
Trade safe.
BeyondEdge
MANAUSDTI also expect a drop in the price of wave 2. Then we can expect the beginning of the rising price wave.
WAVES can make 50% from here
WAVES broke the longterm trendline. After being consolidated above this trendline, WAVES seems bouncing soon.
It's likely that a H&S pattern is going to be formed.
With this scenario, I think that WAVEs would make 50% profit from here.
The referenced TP is the MA 200D level and the SL should be below EMA 50D.
BTC 2 MOVE?
📍 Bitcoin can run in two possible ways.
» First: From 24700 the price can go down to 17000 and later we can see a big wave bull from here.
» Secondly, from around 26000 or 27860, the price may go up to 15890 and then from here the price may move above 46000 in April or July this year.
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WAVESETH - A Healthy 20%+ ForecastWaves might be looking pretty close to an area of resistance here, but you got to bear in mind that's a gain of over 20% before we get there! After bouncing off support @ 106 at the bottom edge of the descending channel we've returned with enough strength to push through the top edge of the channel!
Can we push a bit further to the next layer of resistance? That'd give us huge gains of well over 20%!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
US30 H4 AnalysisHello Traders,
Here is the continued analysis of US30. As you can see, since wave 3 is the longest/ strongest, then we can project that wave 4 must be tested according to Elliot Wave Theory
US30 Daily ViewHello Traders,
Here is an analysis of US30 which I think it will become. Daily bias still downtrend to test significant low of Wave 4 higher degree
A clear title that describes my idea TA BLABLA further researchA clear title that describes my idea TA BLABLA further research 9
BNB/USDT Trading idea Hello, traders
We have a bullish impulse wave and a correction, we expect another impulse wave
ADA Long OpportunityWe see Hourly down wedge, which likely will break upside, confirming 4H orange channel
We enter only with stop order- retest. Position details shown in image.
Happy trading All
Wipro at 5th wave.. bulish....in short term.Stop loss at break 2-4 trend line....
Target 🎯 will be ...1: 2 ratio.....
