WicktatorFX

Nasdaq has almost finished its bearish correction. We're looking for a rejection of the fib levels and then a break of the red trendline for confirmation to sell. Trade Idea: - Watch for correction to complete at fib levels - risk entry on rejection of fib level - safe entry on break of red trendline - Targets: 10450, 9000 Goodluck and as always, trade safe!

NZDUSD is currently within a 5 wave impulse and we're in wave 5 now. We have NFP tomorrow which may reverse the market and with it, NZDUSD . Trade Idea: - On lower timeframe, watch for a sharp sell off - Confirmation on break of red trendline - Targets: 0.61 (320pips), 0.59 (500pips) Will review price action once we move lower to see if we'll move down to structure or get ready for another impulse higher. Goodluck and as always, trade safe!

Here we have the weekly timeframe chart of Vechain where we can cleary see what's coming up next. Market moves in impulsive and corrective phases. We are now near the end of the corrective phase and anticipating the next impulse, which we believe will tag the $1 mark. See previous chart for lower timeframe analysis and what to look out for when entering LONGS for VECHAIN. Goodluck and as always, trade safe!

From looking at Vechain on a log chart, we can see that we're still within the ABC correction, held down by the red descending trend line . in every ABC correction, C wave is almost always 5 waves, which follows the impulsive schematic. We are now in wave 5 and we're expecting to see 5 clear waves down. An important thing to note is that in Elliott waves , wave 3 can never be the shortest. At the moment, wave 1 is longer than wave 3. Therefore it is highly likely that wave 5 will be shorter than wave 3. This gives us a clear zone to look at for LONG orders. Trade Idea: - For experienced traders, count 5 waves down for wave 5 and enter on the breakout of the 5th wave - For less experienced traders, watch for a break of the red descending trendline and enter with stops below the lows - Targets: 0.1, 0.23, HODL the rest and manually close Goodluck and as always, trade safe!

On lower timeframe, Nasdaq appears to be reversing but once you zoom out, you can see that it's just a correction. We are currently within subwave 4, which is an ABC correction. Watching for completion below the blue structure/fib. Trade Idea: - Watch for rejection at the 618 fib level - On lower timeframe, watch for trendline break , BOS etc for confirmation - SL above the correction once we move lower - Targets: Recent lows 10500, -0.618 fib (9000) Goodluck and as always, trade safe!

Similarly to Bitcoin , Ethereum is approaching a critical zone where we'll be looking to buy. We require the current wave to move lower than the 3rd wave completion (900) for it to be a valid wave 5. However, in the rare (very rare) cases, it may be a truncated wave 5 where wave 5 doesn't create a lower low. Trade Idea: - Watch for price to move below 900 - Once we're below 900, watch for bullish reversal signs such as trendline breaks, BOS - The invalidation level is 350. The closer we get to 350, the smaller SL we'll be able to use - Targets: 4500, 5600, Manual exit rest of position Goodluck and as always, trade safe!

So... Who's ready for some fun? We've been watching the crypto market for some time now and it appears that we are getting the final bearish move lower now. Shiba Inu was one of the most hyped coins over the past couple of years but it quickly lost traction when the entire crypto market took a turn for the worse. We are paying close attention to the extreme lows highlighted, which has seen some significant buying pressure. Trade idea: - Watch for the final bearish move to go below wave 3 completion - On lower timeframe, watch for trend line break or BOS for indication there's buying pressure - Will be looking to buy and hold a few million coins at the lows Goodluck and as always, trade safe!

MATIC - Great R:R Trade! 🔥 MATIC gave us a complex wave 4 and now we're at the extremes of wave 4. We have an invalidation level in place and we're almost at that level. Taking a short entry anywhere near the blue structure will give us a great risk to reward. There's only limited space for it to move up but there's 75% raw gain to be made on the short. We're expecting wave 5 to go below wave 3 so once we pass that, we'll be looking for reversal patterns to get in on the longs. Trade Idea: - On lower timeframe, watch for rejection of the blue structure. This can be done via trendline breaks or BOS etc. - Enter with stops above the blue structure - Target the recent lows as first targets. Taper off position as we move lower Check out @TradingElements_ idea for the weekly timeframe Goodluck and as always, trade safe!

MATIC - Watch For Completion 🚀 MATIC has almost completed its bearish correction. We are now on the final 5th wave (subdivided into 5 waves) There is still a chance to get in on the final shorts with hard stops above the blue structure. The bigger trade will be getting in on the bullrun. Expecting price to go below the recent lows to fulfil the wave 5 criteria. Trade idea: - Watch for 5 subwaves moving down - Mark out the 4th and 5th wave correctly and watch for a breakout - Target the recent highs and HODL the rest. It's going to be a big one! Goodluck and as always, trade safe!Comment:

ETHEREUM -Reversal Pattern Forming 🚀 In our last post we identified that we're in the final 5th wave. This wave has 5 subwaves. We've seen wave 1 and now we're in wave 2, which is a correction. Expecting wave 3 lower. Trade Idea: - Watch for wave 3 to break the red trendline for confirmation - For a risk entry, watch for a rejection of lower timeframe fib levels or lower timeframe trendline break or BOS - stoploss should be above the correction once the red trendline breaks - Targets: 890, 800, actively manage the rest Once we're in the 5th wave, we can look for possible reversal zones and ways to confirm that the reversal is happening. Make sure to keep a look out for the updates! Goodluck and as always, trade safe!Comment: Saveable Post