Hi traders, Bitcoin consolidated some more and it looks like it's making a triangle (wave 4). If this analysis is correct we could see the next upmove (wave 5) next week. So let's see what the market does and react. Trade idea: Trade longs after the finish of the triangle. If you want to learn more about my analysis, please make sure to follow me, give a...
Hi traders, Last week XAUUSD made the correction up. So after the finish of the correction next week we could see another drop to finish the bigger complex pullback. Let's see what price does and react. Trade idea: Trade sells after a correction up and a change in orderflow to bearish on a lower timeframe. If you want to learn more about trading with ICT/ SMC...
Hi traders, Last week EU went down and up in a range. The way price is moving it looks like it will make a bigger correction down to maybe finish the E-leg. If this analysis is correct we could see another downmove next week. After that we could see the bigger upmove. Trade idea: Wait for a change in orderflow to bearish to trade shorts after the finish of a...
According to Elliott Waves, we are still in the fourth wave which extends from 73777 to 49950. Sometimes Bitcoin exceeds the wave level, I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900. Then after that we will witness a real bull run extending to 85,000
- If wave 2 is finished (it might not be cause it's very shorty), then we're going to fall steeply for wave 3 - If wave 2 is still ongoing, then there will be some sort of flat pattern and then gold will fall for wave 3 - The end of the month was week and we just had 2 consecutive weekly bearish bars. This increases the odds that we're going to see lower prices from here.
NIFTY - SHORT TERM AND LONG TERM WAVE COUNT AND TREND About short term trend and counts Right now Nifty index is unfolding minor wave iv as i projected in my previous post price can kiss 40HEMA or will take support at 38.2% of 50% of Fibonacci retracement level. and after general parliamentary election high probabilities of unfolding minor wave - v, kindly note...
Here I have USDCAD on the Daily Chart! Since its High in April @ 1.38461, we have made multiple attempts at breaking this Support Zone @ ( 1.3627 - 1.3615 ) Acting as a Roof, we have a Falling Resistance where Price tested a couple times then brought False Breaks the past 2 weeks with Price dipping down to this Support!! Based off the High of April and the...
#TOTAL 3 flirted with invalidation and is showing signs of strength after what appears to be a finished ABC correction with the C wave subdividing into a WXY. Should #TOTAL3 close above my slow (red EMA) on the 8hr TF, then its go time. I'm projecting >$1Tn market cap for #TOTAL 3 quite soon.
If you find this information inspiring/helpful, please consider a boost and follow! With the nice-looking impulse. First! Watching for the clues, it has completed. It could be rolling still, a break of the inducement area would be a nice clue it has completed. Then would be watching the retrace to the GZ.
XLF normally moves quite slowly, but we may may be at a moment in which that accelerates substantially, even improving on what has been a phenomenal year. Weekly - Daily - The EW path drawn is what may be expected most commonly - we're looking for that or better.
As the title suggests, feel free to comment tickers you want to get charted
History doesn't necessarily have to repeat! I see a lot of history based derivation for the timelines and price as to when and how high or low bitcoin can sore. As exciting and adrenaline pumping as these ideas seem, the outcome will just be as good as any coin toss! The truth however is the "macro maze" above. I've taken sensible assumptions to derive on the...
My bullish count for ES1!. I have us in wave 3 of (5) of ((3)) of V. It looks like wave 2 has completed. I expect ES1! to grind up the rest of the spring and summer, with target of ~6000 and the median line of the pitchfork drawn from COVID-19 low, January 2022 high and October 2022 low.
A thought, seems like Bitcoin is going to bounce back to $72k + region very soon BINANCE:BTCUSDT
NASDAQ:NVDA on weekly produced a bearish evening star candle, which coincides with bearish RSI divergence on the weekly and also 5 waves complete from Oct 2023. More downside is expected, as seen in 1 hour chart where the first 3-wave (wxy) drop in the last week of May had RSI divergence which needs to be erased in a double correction. Likely drop to at least...
l selling Gold at POI . because the market structure remains at four hours Bearish
Flat + X + Zigzag A downward impulse could be underway to complete a flat pattern, which would be only the first part of a Flat+ZZ combination, so then a zigzag to the upside making a new ATH, so that then a sharp, violent zigzag completes the sideways pattern by August. Or not!...