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#NZDCHF 🇳🇿/🇨🇭 4-Hour Timeframe Wave Analysis*

Bearish Pressure 🐻

After a bullish wave formed in a leading diagonal pattern, it was followed by an impulsive wave representing wave A of a zigzag pattern. 🔨 The price is currently in wave B, moving within a price channel, which may break to the downside. Based on this, we expect the following:

1- A potential decline in wave C of wave (2)/(B).
2- The target levels for the decline are between 0.51056 and 0.50333.〽️
3- If the price reverses from this area, we could see a subsequent rally.

⚠️ A break below the low recorded on August 5th will invalidate the bullish scenario.

#ICPUSD 🇺🇸 4-Hour Timeframe Wave Count ⏳

Sideways Movement 🔀

- The price has completed five downward waves representing wave (A), which is part of a larger corrective wave.
- Currently, the price is moving sideways, indicating the potential formation of a triangle pattern for wave (B).

🧐 Scenarios:

- The triangle pattern is expected to complete all its sub-waves, marking the end of wave (B).
- A downward wave is likely to follow after breaking the key level and the lower boundary of the triangle, signaling the start of a decline 📉.
- The target for wave (C) is expected to be equal in length to wave (A) 👌🏻.

#Pound_NZD 🇬🇧/🇳🇿 Wave Perspective on the 4-Hour Time Frame 📈

Continuing Pattern 🔄

Data:

- At first glance, the pair shows a breakout from a key price channel through a wave labeled as wave 3 📊.
- This wave is followed by a sideways movement that may ultimately form a triangular pattern 📐, which in turn supports the bullish outlook again 🚀.
- We just need confirmation of the completion of the last wave in this pattern, which represents wave (E).

Expectations:

- If there is a breakout at a key level for this wave in addition to the upper boundary of this pattern, it will confirm the expected bullish movement 📈.
- The potential targets for wave (5) of wave 3 range between 2.16842 and 2.18348 🎯.
- This movement will be part of a larger upward wave.

📒Educational Post

Motive wave is a wave that pushes the price to a certain direction and it is a part of another wave in the higher degree.

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Following the Wave Perspective of #GME 🇺🇸 on the 1-Hour Time Frame 📈

🐂 Bulls are gearing up

🧐 It’s clear that the stock is preparing for upward waves in the medium term, especially after the price successfully maintained higher lows compared to previous lows 📊. Based on the previous analysis, achieving new highs is supported by the stock's movements, specifically through:

1- Formation of an upward impulsive wave followed by a corrective wave 🔄.
2- Breaking through the price channel serves as a reinforcing factor for the bullish scenario, indicating the movement of a strong upward wave as it represents wave 3 📈.

⚠️ Breaking the expected new high level at 25.01 represents the minimum target for this wave, which may develop into higher levels, and forecasts will be updated later.

#Bitcoin_Cash 🇺🇸 Wave Path of the Cryptocurrency on the Daily Time Frame 📉

📉 Is the correction ongoing? 🤔

Data:

- The price is moving in corrective downward waves, forming a double zigzag pattern (W-X-Y).
- This pattern represents the details of the corrective wave (2)/(B).
- The price is currently within the (B) wave of wave Y.

Expectations:

- We may see a temporary recovery reaching the upper boundary of the price channel 📈. - This recovery is likely a trap for the bears, followed by a drop towards the level of 246.7 📉

Confirmation Signal:

🔨 Breaking a key level would confirm the bearish outlook, indicating the potential continuation of the corrective wave.〽️

#GBPUSD 🇬🇧/🇺🇸 Tracking the Expected Wave Movement for the Pair on the 4-Hour Timeframe 📊

Recovery or Further Decline? 🤔

✨ The price is currently confined between two key levels:

1- Bullish Scenario 📈

- If the price can break above the 1.30768 level, this supports the outlook for a bullish recovery 📈.
- This scenario is further supported by the completion of a five-wave structure in the downward direction.
- Breaking above the upper boundary of the price channel could confirm the bullish trend.
- There is a possibility of forming a head and shoulders pattern, which enhances the chance of a bullish reversal.

2- Bearish Scenario 〽️

- If the price breaks below the 1.29738 level, this supports the continuation of the bearish trend as an alternative scenario.
- This scenario assumes the price fails to break the upper level, strengthening the potential bearish outlook.

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#Avalanche (#AVAX) 🇺🇸 Daily Timeframe Wave Update 📊

Breakout Achieved 🚀

Key Insights

🔹 A perfectly formed impulsive bullish wave.
🔹 Correction through a double zigzag pattern (W-X-Y).
🔹 Price channel breakout to the upside via a diagonal pattern.

Expectations

1- Wave 1 is nearing completion, with all sub-waves forming potentially in a leading diagonal pattern.

2- Wave 2 is expected to bring a sharp and quick correction, targeting a demand zone, which could present a good re-entry opportunity.

3- Wave 3 is anticipated to accelerate the movement within the third wave of the bullish cycle, likely pushing the price to reach at least a new high above 65.39 📈.

#Dollar_Swiss_Franc 🇺🇸/🇨🇭 Expected Wave Path for the Currency Pair According to the Daily Time Frame 📈

Has the decline ended? 🤔

By tracking the wave movements of the pair, we see that a corrective wave in the downward trend has concluded, marked by a breakout from the diagonal pattern where wave C of the downward move was formed.

Forecasts 🚀

1. A motive wave, representing wave 1 of the upward move.
2. A corrective sub-wave representing wave 2.
3. Subsequent thrust through wave 3.
4. Price reaching the upper boundary of the price channel, specifically at the level of 0.92739.

Accurately following these movements is essential to strengthen the upcoming bullish outlook and achieve the desired targets.

#Dow_Jones 🇺🇸 Wave Perspective for the Index within the 1-Hour Time Frame 📈

Corrective Movement 🔄

🧐 The upward wave representing (1)/(A) has concluded, followed by a corrective wave that may form in one of the flat patterns, representing the corrective wave (2)/(B).

✨ Short-Term Outlook

- We may witness a temporary recovery to complete wave 5 within wave (C) of wave B.
- A break below the lower boundary of the price channel would confirm the downward movement through wave C.

✨ Medium-Term Outlook

- We expect an upward movement in the medium term through the sub-waves of wave (3)/(C).

👉 Supporting the Bullish Outlook:

1- An ideal impulse wave in the upward direction.
2- A corrective movement is forming, which enhances the likelihood of continued upward momentum.

#ENJUSD 🇺🇸 Following up on the Expected Path for the Cryptocurrency within the 1-Hour Time Frame

Selling Pressure 🐻

👉 Data:

- A bearish impulse wave has formed, labeled as (1)/(A).
- An ascending corrective wave in a regular flat pattern represents wave (2)/(B).
- The correction has retraced to about 61.8% of the previous wave.
- A key support level has been broken from below.

👉 Expectations:

- An impulse pattern is forming, representing wave (3)/(C).
- Extension of wave 3 to build momentum and strength for wave (C)/(3) to establish a new low below the level of 0.1356.
- Price ideally reaching the level of 0.1183.

#NZDCAD 🇳🇿/🇨🇦 Wave Outlook on the 1-Hour Timeframe 📈

Upcoming Rally 🚀

🧐 It is clear that the pair has completed an upward wave, representing wave (1)/(A), followed by a corrective wave that formed in an extended flat pattern, marking wave (2)/(B) 🔄. Therefore, another upward movement is expected through the sub-waves of wave (3)/(C).

👉 This scenario is supported by the following:

- The impulsive wave structure representing wave (1)/(A) shows an ideal formation.
- A clear corrective pattern across two degrees, both in its sub-waves for wave A and B.
- A potential key level breakout through wave 1 of wave (C)/3.

✨ Thus, we expect to see another upward wave through the sub-waves of wave (3)/(C), which may push the price to form at least a new high 🔝, ideally reaching the upper boundary of the price channel, which could align with the 0.84579 level 📊.

⚠️ Breaking 0.83259 level cancels the scenario.

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