WavePoint_FX

WavePoint_FX

Momentum • D1 timeframe: Momentum has been stuck in the overbought zone for the past 4 days, showing strong buying pressure. However, this also creates noise since extended overbought conditions can reverse at any time. • H4 timeframe: Momentum is about to turn down in the overbought zone. Once an H4 candle closes with confirmation, we can expect a correction...

WavePoint_FX

Momentum • D1 timeframe: Momentum is still in a bearish reversal zone (overbought). Price is stalling but has not yet given a clear reversal confirmation → showing that bullish strength is weakening. • H4 timeframe: Momentum is also turning bearish → from now until the US session, price is likely to continue sideways or decline further. • H1 timeframe:...

WavePoint_FX

Momentum • D1 timeframe: Momentum is showing reversal signals, as mentioned in yesterday’s plan. Currently, D1 is in the overbought zone, suggesting that bullish momentum has weakened and the market needs at least one corrective move to regain strength. • H4 timeframe: Momentum is turning bearish. We need to wait for the current candle to close for...

WavePoint_FX

1. Momentum • D1 timeframe: Price is currently in the overbought zone. The ongoing bullish cycle has already produced 5 daily candles. Combined with the overbought condition, this suggests that upside momentum is weakening. If no strong breakout occurs within the next 1–2 days, it is likely that the market is still in a larger corrective phase on the daily...

WavePoint_FX Updated 

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...

WavePoint_FX

Momentum • D1 timeframe: Momentum is currently in the oversold zone, with the downside range narrowing → suggesting the decline is slowing. This supports the potential for a short-term bullish rebound. • H4 timeframe: Momentum is turning upward, but the current strength is not yet enough to confirm a sustainable uptrend. Key signal: if H4 momentum enters the...

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 

Elliott Wave Analysis – XAUUSD August 14, 2025 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...

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

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 tomorrow. • H1 Timeframe: Momentum is also rising,...

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...