US 30 technical analysishello traders
The correction waves are complete. We expect the bullish trend to continue to break the top first, and maybe the supply area
Waves
EURUSD SHORTHello Traders
In today's session, I sell the euro against the dollar
analysis
The price has reached a supply area, and we have confirmation, and we have an imbalance. We expect the price to dictate at least 50% of it
FXI daily bullish hammer below MRC end of wave 5 correction COrder BUY FXI ARCA Stop 21.87 LMT 21.87 will be automatically canceled at 20230401 01:00:00 EST
FXI daily bullish hammer below MRC end of wave 5 correction C very well maybe the end of correction of Chinese market.
MPWR daily indecision after earnings and moving averages crossOrder BUY MPWR NASDAQ.NMS Stop 347.57 LMT 347.57 will be automatically canceled at 20230401 01:00:00 EST
MPWR daily indecision candle after earnings and moving averages cross ABC correction looks complete whether a 5 wave setup up or grind in the bull flag we should hit at least 1.2R of we clear this candle from above.
Possible buying opportunity for goldHello traders
In today's session, we are watching gold for a buying opportunity
If the price reaches the support area before breaking the high, the trade will be executed
HLTH daily end of the downtrendSell to Open HLTH Nov 18 2022 2.5 Put Limit at $0.10 (Good 'til Canceled)
HLTH daily end of the downtrend
GBPUSD Leading DiagonalHello Traders,
Here is an analysis of GBPUSD. In order to make a trend reversal, GBPUSD just need to create a Leading Diagonal.
I'm combining it with a modified Elliot Wave to find the probability of the reversal point in the Daily Structure
Sell to Open RDFN Nov 18 2022 4 Put Limit at $0.05 Sell to Open RDFN Nov 18 2022 4 Put Limit at $0.05 (Good 'til Canceled) 5 wave count downtrend is over expect uptrend or ABC I don't mind owning RDFN at $4.
Bitcoin - Elliot Wave Update 13-11-2022Bitcoin continues to operate in a larger Macro 5th Wave, price rejected at a key weekly orderblock at $21500 whereby a strong 3rd submicro wave occured pushing price to the ~1.382 fib extension occured at ~$15650 before a quick releif rally occured in a likely completed Sub micro 4th wave and price will continue to move down. Price will likely test the ~1.618 fib extension at $14826 to complete a Micro Wave 3 interestingly with great confluence of the larger ~1.618 fib extension degree in the same price area of $14800. From there a larger Micro wave 4 can occur which will be of a likely longer duration before a final Micro wave 5 to complete the MACRO 5 Waves from the ATH in a likely completed A wave. From there Bull can regain alot of losses from the ATH endured in a corrective B wave.
Please like and follow for more!!
Possible rise of the cryptocurrency Galahello traders
We have a bullish motive wave and a correction. We expect to get another motive wave. If we get a break of the range with a strong candle, we can buy the targets as shown on the chart.
Possible rise in ADA cryptocurrencyhello traders
We have reached a support area and we have a reversal signal. We are expected to witness an increase in prices
GBP JPY +300 PIPShello traders
We have wave A, wave B, and its liquidity has been grabed, and the price has reached a buying area. It is expected that wave C will start from here
DXY (ANALYSIS ) hello traders
We have a reversal signal for the dollar index, we may start a bearish wave from here that will retest the demand levels
BTC SHORT TRADE Hey Traders
In today's session, we are looking at an opportunity to sell Bitcoin if we get confirmation of the supply level
Trade is executed
High probability for a move up exhaustion on BTCI had a SHORT setup flagged few weeks ago that did bring us down to last support and at the time I did not pay enough attention to similarities in wave movements with previous zones. As you can see (and you can also find my on-chain analysis in latest the newsletter - link in signature) we are looking to have same setup as end of Jan to early Apr with final wave slowing down to completion. Of course there is always a possibility that there will be no new leg down, either way Bitcoin should retest the 21-22k area first and even then we should keep a close eye on macro events (FOMC, GDP in July, CPI and employment data in Aug/Sept to name the few) and any potential crypto related developments (Mt Gox potential sell of their BTC holdings in Aug, further push of ETH PoS merge etc.).
Considering a lot of the data coming from on-chain confirming we are not out of the bear market lows and macro situation not getting any better, I am still putting more weight on Bitcoin's price falling in the coming months. Whether it can make new lows we will see, but I would expect this wave up soon to fade. For anyone looking to short again, wait for first sign of red Daily candles and oscillators to start turning from the overbought area some already flag (lower timeframes been flagging overbought for a day or two already).
SBUX weekly entry after 2 bearish hammersSBUX weekly entry after 2 bearish hammers possibly wave 3 wave C be careful with earnings
