WavePoint_FX

📊 🔍 The momentum analysis • Daily time frame (D1): The momentum began to reflect up, but we need to wait for the closure of today's candle to confirm this reflection permanently. Until then, there is still a possibility of a short -term drop. • The time frame is 4 hours (H4): The lines of momentum are close to the purchasing saturation area, which indicates a possible weakness in the current rising momentum. However, this cannot be considered an affirmation of the end of the upward trend. ______________________________________ 🌀 Wave structure • The price reached the expected goal of the wave, but it did not show a strong upward response. The last short and intertwined candles - a common feature of corrective waves. In addition, the duration of this wave is longer than previous corrections, which indicates that the decline has not yet ended, and therefore the wave structure needs to be re -evaluated. There are currently two major scenarios with the same probability (50/50), but they are heading in opposite two tracks: ➤ First Screenplay: Ziggaj Model (5-3-5) • The current structure may only represent the A wave within a larger zigzag model. • We are now in the BC, which is often complicated and unclear, which makes it inappropriate for trading based on waves at the present time. • Red areas specified on the graph represent potential targets for the wave B. ➤ The second scenario: the completion of a 5 -wave correction • The correction may have ended at the wave (E). • The current upward upward movement may be the wave 1 in the form of a triangle - indicating a possible start of a new ascending direction. • However, to confirm this scenario, the price must be fixed above the 3309 level. If it fails, the H4 momentum begins to reflect it downly, there is a high possibility to break the previous bottom. ______________________________________ 📝 Trading plan Under the current circumstances, I only recommend short -term trading (Scaling) within pre -defined support and resistance areas. Avoid trading based on the wave structure until the image becomes clearer. Then I will update the trading plan for everyone. ______________________________________

📊 🔍 Momentum Analysis • D1 Timeframe: Momentum has started to reverse upward, but we need to wait for today’s daily candle to close for confirmation. Until then, there is still a risk of another short-term decline. • H4 Timeframe: Momentum lines are clustering in the overbought zone, signaling a possible weakening of the current upward move. However, this signal alone is not enough to confirm that the uptrend has ended. ________________________________________ 🌀 Wave Structure • Price has reached the projected target for wave e, but there has been no strong bullish reaction. The recent candles are short-bodied and overlapping – typical of corrective structures. Also, this wave has lasted longer than previous corrective upswings, suggesting that the decline may not be over yet and the wave count needs to be reviewed. Currently, we are facing two equally probable scenarios (50/50), but they suggest opposite outcomes: ➤ Scenario 1: Zigzag (5-3-5) Structure • The current structure may represent only wave A of a larger zigzag. • We are now in wave B, which tends to be complex and unpredictable, making it not ideal for wave-based trading. • The red zones marked on the chart indicate potential target areas for wave B. ➤ Scenario 2: Completed 5-Wave Correction • The downtrend may have completed at wave (e). • The current upward movement could be wave 1 forming as a triangle – a potential start of a new bullish cycle. • However, to confirm this scenario, price must hold above 3309. If it fails to do so and H4 momentum reverses downward, a new low is very likely. ________________________________________ 📝 Trading Plan Given the current market conditions, I only recommend short-term scalp trading based on the predefined support and resistance zones. Avoid wave-based trading until the structure becomes clearer. Once clarity returns, I will provide an updated trading plan.📉 Wave Structure Update – XAUUSD Currently, price action is following Scenario 1, completing a zigzag correction pattern with an ABC structure. Details: •Wave B appears to have completed, •Price is now likely forming Wave C to the downside. 🔍 H4 Momentum: Still trending downward and has not yet reached the oversold zone, suggesting that the bearish move may continue in the short term. 🎯 Two key target zones to monitor: •3290 •3274

📊 ______________________________________ 🔍 A momentum analysis: • Daily time frame (D1): the indicator in the saturated saturation area, which indicates a very high possibility of a bullish reflection today. If this is achieved, we may see a rising trend or transverse movement that lasts for 4 to 5 days to come. • The time frame is 4 hours (H4): The momentum began to reflect up, which is likely to witness an upper or short fluctuation in the short term, until the momentum reaches the purchasing saturation area - which may require almost two additional H4 candles. • The time frame (H1): The indicator is currently in a purchasing saturation area, so it is expected that we will see a decline or transverse movement in the near term before confirming the reflection. ______________________________________ 🌀 Wave Structure analysis: • In the H4 chart, the previously proposed scenario is still standing: the price is moving within a ABCDE cards. Currently we are in the final E wave of this triangle. • In the H1 chart, we note that the price is moving within a price channel, and there is a clear formation of ABC corrective wave. • The bottom side of the triangle (which is indicated in the green line) with support areas constitute possible areas for the end of the wave. 🔺 Note: The wa wave is not completely having to end on the triangle rib, but it can penetrate it a little. Therefore, we also use micro -wave structures to accurately determine the reflection areas. ______________________________________ 🎯 The important price areas to be monitored: • The first goal: 3329 • The second goal: 3309 • The third goal: 3290 ______________________________________ 🔎 Small wave structure (M10): Through the graph, we notice the formation of a Leading Diagonal triangle - a model that usually appears in the first wave. If this model is confirmed, the price may witness a sharp decrease towards the 3329 region. ______________________________________ ⚖️ Integration of momentum with wave structure: • D1 frame: indicates the possibility of an upper reflection → supports the opening of purchase deals (Buy). • H4 frame: Although the momentum is upward, the price movement is still weak and has not confirmed the start of a strong rising trend → It is important to tighten the stop loss (SL). • H1 frame: with purchasing saturation and the appearance of an elementary triangular model → We expect a drop wave about 3329 (wave 2) → which is an ideal area for purchase. ______________________________________ 🧭 Trading plan: Experienced traders: → Wait for the price to reach sensitive areas, then search for reflection signals to enter. For beginners: → The following purchase orders (Limit Buy) can be adopted: The first plan: Purchase area: 3330 - 3328 • Stopping loss: 3320 • Goal 1: 3351 • Goal 2: 3370 • Termination 3: 3385 ✅ The second plan: • Buying area: 3310 - 3308 • Stopping loss: 3300 • Goal 1: 3328 • Termination 2: 3351 • target 3: 3370

📊 ________________________________________ 🔍 Momentum Analysis: • D1 Timeframe: Momentum has entered the oversold zone. This strongly suggests a potential bullish reversal today, which could lead to a rally or sideways movement lasting around 4–5 days. • H4 Timeframe: Momentum is reversing upward. This indicates a likely bullish or sideways move in the short term, at least until momentum reaches the overbought zone (estimated within the next 2 H4 candles). • H1 Timeframe: Momentum is currently overbought, so we may first see a pullback or sideways movement until a clearer reversal signal appears. ________________________________________ 🌀 Wave Structure Analysis: • On the H4 chart, as noted in previous plans, the assumption that price is forming a contracting triangle (abcde) is still valid. Price is currently in the final leg (wave e) of this triangle. • On the H1 chart, we can observe a channel structure, within which an abc corrective pattern is unfolding. • The lower boundary of the triangle (marked by the green trendline) combined with support zones will be critical areas to monitor for the end of wave e. 🔺 Note: Wave e does not necessarily end precisely at the triangle boundary – it can slightly overshoot. Hence, we’ll rely on smaller wave structures to identify potential reversal zones. ________________________________________ 🎯 Key Price Zones to Watch: • Target 1: 3329 • Target 2: 3309 • Target 3: 3290 ________________________________________ 🔎 Lower Timeframe Structure (M10): From the current price action (as shown in the chart), we can see a leading diagonal triangle structure forming. This is a pattern commonly seen in wave 1. If this pattern is confirmed, a sharp and steep decline toward the 3329 zone is likely. ________________________________________ ⚖️ Combining Momentum & Wave Structure: • D1: Signals a potential reversal → favors Buy setups. • H4: Momentum is rising, but price hasn’t confirmed a new bullish trend → need to stay alert and tighten Stop Loss. • H1: Overbought + possible leading diagonal → Expecting a pullback for wave 2 toward 3329 → this would be the optimal Buy zone. ________________________________________ 🧭 Trade Plan: • For experienced traders: → Wait for price to reach key levels and watch for reversal signals before entering. • For beginners: → Use the following Limit Buy setup: ✅ Setup 1: • Buy zone: 3330 – 3328 • Stop Loss: 3320 • TP1: 3351 • TP2: 3370 • TP3: 3385 ✅ Setup 2: • Buy zone: 3310 – 3308 • Stop Loss: 3300 • TP1: 3328 • TP2: 3351 • TP3: 3370+200 pips Entry Buy 3310 - 3308

📊 🔍 The momentum analysis Daily timeline (D1): momentum in a decline. Given the current decline, it is possible that the momentum will enter the saturated area of saturation during two daily candles coming, indicating the possibility of an additional short -term drop. The time frame is 4 hours (H4): The momentum is preparing to reflect towards the landing, which is likely to witness a transverse movement or a slight decrease in the short term. The timeline one hour (H1): The momentum continues to drop, and it is expected that the saturated saturation area is expected to enter the current candle →, which may lead to a temporary budget. 🌀 Elliott waves structure A wave A (in black) was already formed according to the five -wave model, without any abnormal patterns →, therefore, it is expected that the B (black) wave is with a three -wave structure. Currently, the price moves within the wa wave (in blue), which means that the A (blue) wave has been completed. When looking at the small time frames, a five-pointed pattern appears → which supports the hypothesis that the B (black) wave takes the form of zigzag 5-3-5. The expected goal of the end of the wave (blue) is the 3360 area, a support area that also intersects with Fibonacci levels → which makes it an ideal area for a bullish bounce. If the price is bounced from the 3360 region, the COM (blue) is expected to end at 3386 or 3402 levels. However, if the price is broken 3351, this scenario becomes invalid, and we will resort to an alternative analysis based on the lower limit of the triangle (C)-(E) to determine a new purchase area. 🔄 Mensing between momentum and wave structure D1 momentum indicates a weakness in the current descending wave, and it appears that the lower limit of the triangle (C)-(E) represents an area suitable for the end of the wave. The perfect scenario will be as follows: A short -term bullish reflux simultaneously with the reflection of the H1 momentum towards ascending to complete the wa wave (blue). Then the H4 momentum reflection is followed towards the landing to confirm the reflection of the general direction. 📌 Trading plan Experienced traders: Watch the two areas of 3385 and 3401 in search of reflection signs → to enter a sale. For beginners, I recommend the following plan using suspended orders: Sell Zone: 3399 - 3402 Shuting up loss (SL): 3501 The first goal (TP1): 3374 The second goal (TP2): 3351

📊 ________________________________________ 🔍 Momentum Analysis • D1 Timeframe: Momentum is declining. Based on the current pace, it’s likely that only 1–2 more daily candles are needed before momentum enters the oversold zone → suggesting one more potential downward leg. • H4 Timeframe: Momentum is about to turn bearish, indicating we might see a sideways movement or a slight drop in the short term. • H1 Timeframe: Momentum is currently falling. By the end of the current H1 candle, momentum will likely enter the oversold zone → potential for a bullish reversal soon. ________________________________________ 🌀 Elliott Wave Structure • A clear 5-wave Wave A has already formed with no irregular patterns, so I’m expecting Wave B (black) to unfold as a 3-wave structure. • Within this black Wave B, price is now developing Wave B (blue), meaning Wave A (blue) has already completed. Looking at the lower timeframe, I can identify a 5-wave structure → suggesting a zigzag correction in the form of 5-3-5 for black Wave B. • Target for Wave B (blue): The 3360 area – this is a support level and also aligns with Fibonacci confluence, making it a strong candidate for the end of Wave B (blue) and a potential reversal zone. • If price respects the 3360 level, then projected targets for Wave C (blue) would be around 3386 or 3402. • However, if price breaks below 3351, the current wave count becomes invalid. In that case, we will shift to an alternate scenario and look for a buy opportunity near the lower edge of the triangle (c)-(e) and other confluence support zones. ________________________________________ 🔄 Combining Momentum & Wave Structure • D1 momentum shows weakening in this downward move, and the lower boundary of the triangle (c)-(e) is a prime area to look for the end of Wave e. • Ideally, we want to see: o A short-term bounce upward aligning with H1 momentum reversal to complete Wave C (blue). o Then a confluence with H4 momentum turning bearish, indicating possible trend continuation or reversal. ________________________________________ 📌 Trade Plan • For experienced traders: Watch closely around 3385 and 3401 for reversal signals to enter Sell positions. • For beginners, I recommend the following limit setup: o SELL ZONE: 3399 – 3402 o SL: 3501 o TP1: 3374 o TP2: 3351

📊 ________________________________________ 🔍 Momentum Analysis: • D1 Timeframe: Momentum is currently in a downtrend, indicating that the dominant trend in the short term (at least until early next week) is likely to remain bearish or sideways. • H4 Timeframe: Momentum has entered the oversold zone and is showing signs of a potential bullish reversal. This suggests that a corrective upward move may occur today. • H1 Timeframe: Momentum is still declining and is expected to need around two more H1 candles before entering the oversold zone, implying that one more leg down may occur before a recovery begins. ________________________________________ 🌀 Elliott Wave Structure Update: Yesterday’s expectation of a breakout above the resistance zone at 3453 to confirm the start of a new bullish trend did not materialize. Instead, price dropped to the 3374 region, opening up two primary scenarios: ✅ Scenario 1: The correction is still unfolding • Wave (d) in blue appears to be complete. • The current leg is likely wave (e), the final leg in a contracting triangle correction. • In this case, the lower boundary of the triangle and overlapping support zones will serve as key levels to watch for the completion of wave (e). ✅ Scenario 2: Wave 1 of a new bullish trend has completed • The current decline is wave 2 in a new bullish impulsive sequence. • The objective here is to identify the bottom of wave 2 to prepare for a potential buy entry into wave 3, which is expected to be stronger and longer than wave 1. 📌 Key difference between the two scenarios: • Scenario 1 → Wave (e) completes, followed by wave 1 of wave 5. • Scenario 2 → Wave 2 completes, followed by a powerful wave 3 of wave 5. ________________________________________ 🧩 Current Wave Structure: • A five-wave bearish structure is currently unfolding on the chart. • According to Elliott Wave Theory, corrective patterns do not typically form five-wave structures. • Therefore, this is likely wave A in a zigzag (5-3-5) formation. • Possible targets for wave 5 within wave A: o Target 1: 3374 – current reaction zone. o Target 2: 3360 – next significant support level. ________________________________________ 📌 Combining Wave Structure with Momentum: The D1 momentum is firmly bearish, reinforcing the view that the market is undergoing a larger ABC correction. On the H4 timeframe, momentum is oversold and showing early signs of reversal, aligning with the potential formation of wave B — typically a weak, sideways upward move. The likely resistance zone for the end of wave B lies between 3401 and 3410. Meanwhile, H1 momentum is still falling and not yet in the oversold zone, suggesting there may be one more move down to complete wave 5. The ideal target for this final leg is around 3360. Summary: • D1 bearish → confirms ongoing major correction. • H4 oversold → supports a potential weak wave B. • H1 still declining → wave 5 may complete around 3360 before a recovery begins. ________________________________________ 💼 Suggested Trading Plan: For traders with limited experience or those not yet confident in reading live market signals, a Buy Limit strategy at clear support levels is recommended: • Buy Zone: 3362 – 3360 • Stop Loss: 3352 • Take Profit: o TP1: 3384 o TP2: 3400 🎯 For experienced traders, it is advised to observe price action at the target support zones and look for real-time reversal signals to optimize entry timing.📍 Price is still moving according to the previous analysis, but unfortunately, the trade was stopped out at Stop Loss. Currently, H4 momentum is showing signs of a bullish reversal, suggesting that this could be a corrective upward move as previously mentioned. Pay close attention to the 3402 resistance zone – this may be where the retracement ends and the market gives a clearer reaction.

🔍 A momentum analysis: • Daily time frame (D1): Daily momentum shows signs of a potentially low reflection. You should wait for the closure of today's candle to confirm this. This reference indicates that the upper momentum began to weaken. • The time frame is 4 hours (H4): momentum in a state of reflection. We may need two additional dumping candles to push the indicators towards the saturated saturation area →, indicating a possible continuation of the decline during the day. • The time frame is 1 hour (H1): the momentum currently in the saturated saturation area, and the indicator lines are sticking to each other →, which indicates the possibility of a slight decline or side move (accidental). 🌀 Update Elliott Structure: • On the H1 frame chart, a five -pointed structure (5 waves) is formed in yellow. The third wave (yellow) appears to be completed, and this is confirmed by the presence of an internal structure of 5 sub -waves in blue. Currently we are in the fourth wave (yellow), which is a corrective wave. 🔸 The target areas for the fourth wave (yellow): • The first region: about 3412 • The second region: about 3402 📌 After the fourth wave is completed, the market is expected to start forming the fifth wave (yellow). 🔸 The expected goals of the fifth (yellow) wave: • The first goal (TP1): 3461 • The second goal (TP2): 3492 (in case of expansion) 🔄 Mensing between momentum and wave structure: • The potential reflection of the daily momentum (D1) indicates that the upward trend may approach its end - which is in line with the hypothesis that the fifth wave is the last before a large correction occurred. • The momentum in H4 and H1 supports the current correction scenario in the fourth wave. ✅ The fourth wave often takes the shapes of the zigzag, a flais or triangle → We are waiting for a strong board of rise on the H1 frame to confirm the end of the fourth wave and start the opportunity to enter into a purchase (Buy). 📊 Trading plan: The first purchase area: • Buy Zone: 3414 - 3412 • Stop loss (SL): 3407 • Goal 1 (TP1): 3439 • target 2 (TP2): 3461 • Terminal 3 (TP3): 3492 🟩 The second purchase area: • Buy Zone: 3403 - 3401 • Stopping loss (SL): 3393 • Goal 1 (TP1): 3439 • target 2 (TP2): 3461 • Terminal 3 (TP3): 3492

________________________________________ 🔍 Momentum Analysis: • D1 Timeframe: Daily momentum is showing signs of a potential bearish reversal. We need to wait for today’s daily candle to close to confirm this. It signals that the bullish momentum is weakening. • H4 Timeframe: Momentum is turning down. It may take around 2 more bearish H4 candles to push momentum into the oversold zone → suggesting continued downside movement today. • H1 Timeframe: Momentum is already in the oversold zone and the indicators are “clinging” together → implying possible continued minor declines or sideways movement. ________________________________________ 🌀 Elliott Wave Structure Update: • On the H1 chart, a 5-wave structure (yellow) is unfolding. o Wave 3 (yellow) appears completed, supported by a clear 5-wave internal structure in blue. o The market is currently in Wave 4 (yellow) – a corrective move. 🔸 Potential Wave 4 (yellow) targets: • Target zone 1: Around 3412 • Target zone 2: Around 3402 📌 Once Wave 4 (yellow) completes, we anticipate the market will form Wave 5 (yellow). 🔸 Projected Wave 5 (yellow) targets: • TP1: 3461 • TP2: 3492 (in case of an extension) ________________________________________ 🔄 Combining Momentum & Wave Structure: • The potential bearish reversal in D1 momentum suggests the current bullish trend may be nearing its end – consistent with Wave 5 being the final push before a broader correction. • H4 and H1 momentum support the ongoing correction in Wave 4. ✅ Wave 4 typically takes the form of a zigzag, flat, or triangle → Wait for a strong bullish H1 candle to confirm the end of Wave 4 and initiate a buy entry. ________________________________________ 📊 Trade Plan: 🟩 Buy Zone 1: • BUY ZONE: 3414 – 3412 • SL: 3407 • TP1: 3439 • TP2: 3461 • TP3: 3492 🟩 Buy Zone 2: • BUY ZONE: 3403 – 3401 • SL: 3393 • TP1: 3439 • TP2: 3461 • TP3: 3492

🔍 The momentum analysis • Daily timeline (D1): The momentum enters the area of purchasing saturation, which indicates the possibility of a reflection during the upcoming two candles. However, the current rising trend - it is necessary to wait for the D1 candle to be closed tomorrow to confirm the direction. Entering the purchasing sail area is an indication of the weakness of the ascension. • The time frame is 4 hours (H4): momentum in a decline. Unless a strong climb closed over 3391, the price is expected to continue the side move or landing today. • One hour timeline (H1): There are indications of an upper reflection. If the price maintains a level of 3385 and closes above 3391 with a strong upward up, this may be an appropriate opportunity to enter a short -term purchase deal. 🌀 Update the structure of Elliot waves • The price is currently moving accidentally within the 3390 - 3402 range, which is a critical area that requires accurate monitoring. • The level of 3380 is an important warning area, and it corresponds to the level of Fibonacci 0.382 for the wave (3). If the price is closed without this level, this may indicate that the current movement is corrective, not the fourth wave. • There is a FLAT ABC correction form currently formed, and the 1.618 extension goal has been reached at 3385. • If the price decreases below 3360, it will interfere with the previous 1 wave, which cancels the scenario of the driving wave. In this case, the situation should be reassessed as part of a large ABCDE triangle model. 🔗 Mensing between momentum and wave structure • There are signs of a bullish reflection on the H1, but the momentum on H4 is still beating. Unless a strong candle closed over 3391 to force the momentum on the H4 to reflect, the price may continue to move sideways or down until the H4 enter the salesly saturation area. • The safest strategy: Waiting until the momentum on H4 enter the sales -saving area before thinking about a purchase. • The expected area for the price recovery is between 3382 - 3380. 📈 proposed trading plan Buy Zone: 3382 - 3380 • Stop loss (SL): 3372 • Goal 1 (TP1): 3402 • target 2 (TP2): 3412 • Terminal 3 (TP3): 3428