Dear Steemians, welcome to Wave Analysis...
Today, we have 1 new trade setup. Then I will update the Hotlist.
You can see the charts and brief explanations down below. But if you like to have more details please visit the published idea pages on Tradingview by clicking the name of the assets and watch today's analysis video on DTube by clicking the following image.
First of all, sorry for late publishing this idea. But, it went up while I was working on today's analysis video. Please wait for a correction to take any long trade. I took it because the structure between blue lines can be a running flat and if the previous bottom is the and of daily corrective structure, the target of up move will be breaking the blue line. It can still keep going down to the yellow line.
USDCAD: It's falling down. Nice... Let's wait for a correction to take another short trade.
USDJPY: I'm waiting for a bigger correction to take another long trade.
GBPCHF: The structure between yellow lines looks like a correction. That's why stop-loss at the breakeven. I hope it will keep going down before it breaks the trendline.
CHFJPY: I think it's making a correction. I'm waiting for a very big up impulse.
XAUUSD: Both directions are very possible, just leave it alone. My stop-loss at the breakeven.
XAGUSD: Leave it alone.
XPTUSD: I was expecting one more down move for regular flat but it broke the previous top. Now, I think a running or an expanding flat is in the making.
XPDUSD: It broke the previous top. I have still an entry order but I'm moving the stoploss according to new tops and recalculate the lot size.
EURNZD: Stopped out at breakeven.
NZDCAD: Stopped out with 1% loss.
SPX500: Stopped out at breakeven.
You can visit the published idea page on Tradingview by clicking the name of the asset. If you like to see more details and explanations about this trade setup and updating of Hotlist items you can watch today's video on DTube by clicking the following image.
I appreciate that if you leave a comment and let me know what do you think about this post. If you find this content useful, don't forget upvote and resteem, also please follow me for more.
Until next time, trade with care.
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What is Hotlist?
Hotlist a short list, which contains charts that were shared in previous days. So, today's new trade setup will be in the Hotlist tomorrow, and I will update its status every day until I remove it from the list. Each chart will be in the Hotlist as long as we have an active trade or a pending order or its trade setup remains valid.
Disclaimer:
Don't invest more money than you can afford to lose. Trading carries a high degree of risk. Everything here is my personal opinion, should not be considered as trade calls.
