WavePoint_FX

WavePoint_FX

Momentum • D1 timeframe: Momentum is still rising → High probability that price will continue its bullish move on Monday. • H4 timeframe: Momentum remains bullish → Price is expected to keep rising early in the week to complete wave (3) in yellow. • H1 timeframe: Momentum is heading into the oversold zone → The short-term correction is nearing its end, we look...

WavePoint_FX

Momentum • D1 timeframe: Momentum is turning bullish and has already formed 3 consecutive bullish candles. However, there has not been a strong breakout yet → this is a warning sign to stay cautious. If price continues with 2 more bullish candles, momentum will likely enter the overbought zone and risk a reversal. • H4 timeframe: Momentum is in the oversold...

WavePoint_FX

1. Momentum • D1 timeframe: Yesterday’s daily candle closed bullish, confirming upward momentum. This suggests that the dominant trend could remain bullish for the next 4–5 days. • H4 timeframe: Currently in a corrective move with only 2 bearish candles formed so far. This decline may need another 2–3 candles to complete. A potential bullish reversal could...

WavePoint_FX

1. Momentum • D1 timeframe: Momentum lines are still “sticking” together, signaling that the bearish pressure is weakening. However, without a strong bullish D1 candle to confirm reversal, there is still a risk of sudden downward spikes. Patience is required until a clear bullish confirmation appears. • H4 timeframe: Momentum is currently turning bullish,...

WavePoint_FX

1. Momentum • D1 timeframe: Price is still waiting for confirmation of a bullish reversal in the oversold zone. The current decline has lasted for 7 daily candles, which is usually sufficient for a corrective wave → suggesting the down move is in its final stage. • H4 timeframe: Momentum is preparing for a bullish reversal in the oversold zone. We can expect...

WavePoint_FX Updated 

Momentum • D1 timeframe: Momentum is preparing to turn bullish. The current decline has lasted for 5 daily candles – this is often the usual number that completes wave D. Therefore, the current stage is sensitive, and price could reverse upward at any time. However, during such periods, price often sweeps liquidity to the downside first, so caution is...

WavePoint_FX

1. Momentum • D1 Timeframe: Momentum is preparing to reverse and the two lines are converging. We need to wait for the daily candle close for confirmation. At this stage, buying pressure is weak, but sudden downward spikes to sweep liquidity are still possible. • H4 Timeframe: Momentum is rising, suggesting a potential rebound today. If this rebound fails to...

WavePoint_FX Updated 

1. Momentum Analysis • D1 timeframe: Momentum is showing signs of reversal. Although price may not reverse immediately when the two momentum lines converge, this is a clear signal that the current selling pressure is weakening. • H4 timeframe: Momentum is declining and has only formed 2 H4 candles since the reversal began. It will likely take another 2–3 H4...

WavePoint_FX Updated 

1. Momentum • D1 Timeframe: Momentum is about to enter the oversold zone. By the end of today, it is likely to be fully in oversold territory. This stage often leads to strong price movement – either a sharp decline or a bullish reversal. • H4 Timeframe: Momentum is preparing to turn upward. We need to wait for the current H4 candle to close for confirmation. If...

WavePoint_FX Updated 

1. Momentum Analysis • D1 Timeframe: Momentum is declining → the downtrend remains intact. It may take another 2–3 daily candles for price to reach the oversold zone and potentially reverse. • H4 Timeframe: Momentum is rising → from now until the U.S. session, price may either retrace upwards or move sideways. • H1 Timeframe: Momentum is preparing to turn down →...

WavePoint_FX

Elliott Wave Analysis – XAUUSD August 10, 2025 1. Momentum Analysis • D1 Timeframe: Daily momentum lines are still overlapping without a confirmed reversal signal. This suggests that a potential reversal could occur within the next 1–2 days. • H4 Timeframe: Momentum is currently rising, indicating that prices may continue to climb during the Asian session...

WavePoint_FX

📊 🔍 Momentum • D1 Timeframe: Daily momentum is currently turning down, limiting the potential for a long-term rally in the current bullish wave. This also suggests that the top may already have formed around the 3,409 level. • H4 Timeframe: Momentum is still declining and needs about one more H4 candle to reverse upward. For now, the downward move is likely to...

WavePoint_FX

📊 ________________________________________ 🔍 Momentum Analysis: • D1 Timeframe: Daily momentum is turning bearish, signaling that a medium-term downtrend may have already started and could last until mid-next week. • H4 Timeframe: Momentum is rising, but the slope of the two momentum lines is relatively flat → indicating weak bullish strength. We should closely...

WavePoint_FX

📊 ________________________________________ 🔍 Momentum Analysis • D1 Timeframe: Daily momentum is showing signs of a potential bearish reversal. However, we need to wait for today’s candle to close to confirm the signal. While waiting for confirmation, price may still experience a minor upward move on lower timeframes, but the current bullish momentum is weak and...

WavePoint_FX Updated 

📊 ________________________________________ 🔍 Momentum Analysis: • D1 Timeframe: Momentum has entered the overbought zone. As anticipated in previous plans, we've seen four consecutive bullish days, and the current overbought condition signals that bullish momentum is weakening. • H4 Timeframe: Momentum is reversing downward → We expect a potential pullback today,...

WavePoint_FX Updated 

📊 🔍 Momentum Analysis: D1 Timeframe: Momentum continues to rise strongly. It's expected that the price will keep rising for at least two more trading days, pushing the momentum indicator into the overbought territory, reinforcing the current bullish trend. H4 Timeframe: Momentum is showing signs of a potential bearish reversal, indicating a possible corrective...

WavePoint_FX Updated 

📊 ________________________________________ 🔍 Momentum Analysis: • D1 Timeframe: Momentum has reversed to the upside. Based on this signal, we expect a bullish trend to continue for the next 5 daily candles — likely until mid-next week. • H4 Timeframe: Momentum has also turned upward → This suggests that from now until the U.S. session, the price will likely...

WavePoint_FX Updated 

📊 🔍 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...