WoWAcEDuDe

WoWAcEDuDe Dec 10, 2024

According to Elliott Wave theory, the price rose during the impulsive first wave and corrected in the second wave as an ABC zigzag to the 0.382 Fibonacci level. This aligns with Elliott's rules, suggesting that the correction of the fourth wave will likely be at 0.5 - 0.618. Based on the impulse of the first wave, the target for the third wave is 4.25, followed...

WoWAcEDuDe Sep 18, 2024

A good entry was made with a 0.15% drawdown from the hourly order block after MSS confirmation, with a 1:6 risk-reward ratio. The target is to take out the local equal highs in the daily imbalance zone. I'll see what the market forms there. There's a possibility of reaching the midpoint of the imbalance at 0.5520

WoWAcEDuDe Aug 26, 2024

According to higher timeframes, the market sentiment is bullish. We are moving within an ascending channel with the potential to rise to 0.7416. To increase the probability of this outcome, the price needs to establish itself above the ascending channel. Locally, within the range of the daily breaker block (D BB) and the daily imbalance (D FVG), three potential...

WoWAcEDuDe Aug 15, 2024

Technical indicators suggest growth. There is a possibility of a growth reaction from the 50% fill of the imbalance, POC, liquidity pool with a liquidity sweep below the previous low and the completion of a truncated fifth wave of Elliott. Liquidity pools have formed above, which will act as a magnet for the price. This scenario will be invalidated if the price...

WoWAcEDuDe Aug 14, 2024

Locally, I'm considering the formation of a sideways range between the 1-hour order block (OB), with targets below for a partial and full fill of the 4-hour fair value gap (FVG) imbalance, followed by a growth reaction. If there is consolidation above the local support level (SUP), I anticipate a sweep of the upper liquidity pools, a cover of the 4-hour order...

WoWAcEDuDe Jun 25, 2024

Within the ascending channel, a five-wave impulse and an ABC correction have been completed, reaching the 0.618 Fibonacci level. The price has encountered the first resistance level (res). Based on the fractal from the initial five-wave pattern, there is potential for growth towards the upper boundary of the channel, into the Fibonacci zone 1.236 - 1.382. From...

WoWAcEDuDe Jun 4, 2024

After the first Elliott impulse wave, a correction of the second wave in the form of an ABC pattern was completed, forming a flag. According to the flag formation, there is potential for growth within the third wave towards the large liquidity pool zone and the 1.618 Fibonacci level. From there, a correction within the fourth wave is expected, followed by the...

WoWAcEDuDe Mar 20, 2024

The classic execution of the bullish reversal formation, the inverted head and shoulders, is being performed with confirmation by volumes.

WoWAcEDuDe Mar 11, 2024

We have an ascending trend. There was accumulation with ABC movement inside the bullish pennant. The target of the formation has been marked. There is a pool of liquidations up to the valuable level of 14,400, which is also likely to be reached.

WoWAcEDuDe Mar 10, 2024

An ascending trend has emerged, confirmed by the upward movement above the bos level. At the bottom, there is a mirror level on the daily 1D timeframe, next to which there is a local 0.55 Fibonacci level, creating conditions for further upward price movement to liquidate liquidity beyond the previous high (ph) / Fibonacci 1.382. At the moment, I expect liquidity...

WoWAcEDuDe Mar 6, 2024

We've completed a five-wave structure, removed liquidity above the previous high (ph), and on the linear chart, we're breaking the ascending structure (bos). These indicators suggest a probability of correction towards equal lows (eql), which act as a price magnet. After removing liquidity at equal lows (eql), I anticipate price action ascending towards the upper...

WoWAcEDuDe Mar 5, 2024

Inside the bullish ascending triangle, liquidity was taken out with equal lows deviation. Subsequently, an impulse was obtained. Expecting deviation from the top. Previously, three times the upper level of the formation was tested, so there is already a probability of consolidating above the upper level and reaching its target.

WoWAcEDuDe Mar 4, 2024

We've reached a potential reversal zone, where the ascending channel trend intersects, along with a limit level at 0.7545 and Fibonacci level at 0.618. This scenario is reinforced by the appearance of a bullish reversal formation known as an inverted hammer. The target will be the upper boundary of the channel.

WoWAcEDuDe Sep 7, 2023

Hello everyone! Currently, there is accumulation within the bullish ascending triangle. We have formed EQHs that we will be removing later on. Expecting a correction in the Fibonacci range of 0.705 - 0.79 for a touch of the trendline and a move towards Fibonacci 1.618. Best wishes!

WoWAcEDuDe Sep 1, 2023

Hello, colleagues! Through diagonally stretched financial channels, the asset is located in the intersection zone, where a local low and the Equilibrium level are closely situated. We are awaiting a reaction from this zone for taking long positions at 2030 and 2146.10 with the ultimate goal being towards the channel's midline. Wishing you successful trades.

WoWAcEDuDe Aug 29, 2023

Hello everyone! The asset is approaching its second touch of the bottom of the descending triangle and its third touch of the 186.1 limit level, which provides a likelihood of a rebound and at the very least, an impulse towards the top of the pattern. At most, there is potential for a complete formation play with a false breakout of the incline. Best of luck in...

WoWAcEDuDe Aug 26, 2023

Hello, everyone! We have a descending wedge pattern in front of us, which traditionally resolves to the upside. Currently, there has been a bounce off the Alligator's jaw, indicating a likelihood of a second touch on the wedge's support with a fresh test of the lows. After this retest, there is potential for a breakout from the wedge by capturing a pool of trend...

WoWAcEDuDe Aug 20, 2023

Hello everyone! Currently, we're experiencing a bounce after the second touch of the 0.0579 limit. I'm considering a movement towards the upper limit level at 0.0746, where a reversal is likely to occur, as it will be the first touch and there's a significant resistance range. Subsequently, a breakthrough of the 0.0579 level becomes possible, as it will be the...