________________________________________
🔍 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
🔍 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
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🚀 Join our Telegram channel to get instant updates and real-time scalping signals:
👉 t.me/+lASNLyXKqcFiYmJl
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
📢 Sometimes signals appear on TradingView with a slight delay!
🚀 Join our Telegram channel to get instant updates and real-time scalping signals:
👉 t.me/+lASNLyXKqcFiYmJl
🚀 Join our Telegram channel to get instant updates and real-time scalping signals:
👉 t.me/+lASNLyXKqcFiYmJl
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.