AdamIdris2
Trend: Retracement of uptrend from Wave 3. Pattern: Double zigzag (at this moment) Remarks: I review the EW counting, and at this moment the XRPUSD is coming to the bottom near the invalidation of wave 4 (in the blue circle). If the price breaks the invalidation level, I assume the recounting is required and need to review the EW in the bigger picture or higher...
Trend: Correction within wave 4. As of now, XRPUSD seems to have completed the wave (C) of wave 4 in the blue circle. Now XRPUSD is making sub-wave 1 of wave 5 in the blue circle. Let the big trader complete wave 1 first. If wave 4 in the blue circle is going to make a triangle, we can expect that she will reject the downtrend line at point (D). Let's see the...
The DXY index already completed wave C and moved near to the level of wave B. If wave 4 in the blue circle is completed, the sub-wave B will be broken soon to complete the wave 5 in the blue circle. If the pattern of wave 4 is going to be an expanded triangle, we can see wave D and wave E to finalize wave 4 in the blue circle. This is only my view of EW for...
As of today, I see a new price pattern in XRPUSD. The counting that is completed as of now seems like wave (A) and wave (B). The price probably will go to wave (C) in 5 waves if it's going to be a flat pattern (3-3-5). The other possibilities of wave 4 in the blue circle could be a triangle (ABCDE) or a double zigzag (complex). I may be wrong. Please make your...
Trend: Uptrend Expected the completion of subwave 4 in blue circle, and the price is going up for the continuation to subwave 5 of wave V. Do your own analysis before starting any trade. Take your own risk.
Trend: Uptrend continuation. The price already completed wave 2 at 50% retracement and now continues her journey to wave 3 in 5 subwaves. The minimum target of Wave 3 is near the resistance level of the previous high, as shown in the chart. This is only my perspective of EW counting for XRPUSD. Not recommended to trade based on my perspective, as it may be...
Now we see XRPUSD reached the level 1.618, a trader's psychological level for wave 3. If most traders take profit at this level accompanied by big volume, most probably we are going to see a new downtrend of wave A of wave 4.
XRPUSD, in my opinion, has completed the wave 2 uptrend and is now moving toward wave 3 in 5 minor waves. Traders are advised to do their own technical analysis prior to placing a trade.
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Now we see the recent move is toward the completion of Wave 3 with 5 sub-waves. Sub-waves 1,2,3,4 already completed. The final Sub-Wave 5 will move in impulsive waves. Trump will make it happen soon. haha..
This is an update of my wave count for XRPUSD. Major trend : Uptrend Minor trend : Retracement Currently the price moves in the direction of sub-wave iii down. Next will be sub-wave iv up before finalizing with sub-wave v down to complete Sub-wave C of Wave 2 in circle. This is just my opinion. No trade recommendation based on this study. Do your own judgement.
Just let Wave 1 make a move first, and then we wait for entry after completion of Wave 2.This is just my view on EW. Not recommended to trade based on my view. TAYOR.
As of mid-May 2025, gold prices have experienced a notable decline, retreating from April's record highs above $3,500 per ounce to approximately $3,180. This downturn is attributed to easing geopolitical tensions, particularly the U.S.-China trade truce, and a strengthening U.S. dollar, which have reduced the demand for gold as a safe-haven asset. Technical...
Trend: Major Trend : Bullish Minor Trend : Retracement Note: Looking for the completion of Sub-wave C of Wave ii. This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
Refer to the support and resistance level drawn on the chart; there are 3 possible scenarios that might occur. 1. If the price breaks the resistance, it may continue the uptrend. 2. If the price is still within the support and resistance level, it may continue sideways. 3. If the price breaks the support, it may continue the downtrend. At this moment, there is...
Trend: Major Trend : Bullish Minor Trend : Retracement Note:- Wave (1) completed with starting diagonal. Wave (2) possibly completed with ABC. Now price is moving up for Wave (3) with 5 sub-waves. This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
Major Trend : Uptrend Minor Trend : Downtrend (Retracement) Note: At this moment I still see the price structure as retracement to complete Wave 4. I don't know whether it's already completed or can go down further. This is only my EW view. Not recommended to trade based on this EW counting. Must do your own analysis prior to placing a trade.
Major trend: Uptrend Minor trend: Downtrend or sideway Note: Monitor the completion of wave IV. If the price break below the triangle, consider wave ‘e’ failed and need to recount. Probably the new pattern is expanded flat and final wave is wave C of Wave IV which consist of 5 minor waves. This is my EW counting and maybe wrong. No trade recommendation. Please...