Aussie is bearish since the start of the year, with a higher degree A-B-C decline with wave C coming to an end as the price turns out of a wedge pattern this week, after the FOMC policy announcement yesterday. It looks like pair completed the ending diagonal so more gains should follow. Well, from an Elliott wave perspective and minimum objective, I think that...
Topglove''s latest "quarterly" report "disappointed" again. Not just "investors", "traders" are "hardworking" individual as well who do check their positions not just "quarterly" but everyday beside reading on each stock's Intrinsic value, ROE, P/E, Forward Free Cash Flow, Profit Margin etc "quarterly" OR reading "market news" "once a while"...
As nerely a perma-bear, I post this that could be merely a copium. Just a memo. If it seems this is valid, I will elaborate on it later.
According to my wave count, BTCUSDT is finishing an 5th wave expanded in an ending diagonal to complete wave 5 of the actual bearish impulsive wave of this cyclical bear market.
Just for Educational Purpose.... Ending diagonal Pattern with Double top on its top & Retest to SUPPLY Zone SL must be Strict above high.....
As a update about my current bear position on CZ coin as you can see by the link below. The price action is heading one leg downward to complete a wave 5 of a contracting ending diagonal, according to the Wave Principle. That seams a breakdown can be expected to the local demand, as we can see clearly on this chart. After broken, the trendline tends to be...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
In my analysis on the 2 HOUR CHART, price is moving BEARISHLY, forming a Barrier Triangle Ending Diagonal. Price is currently at 1.25498, I forecast that Wave A may move to price 1.23957 which is 100% of Wave A. Then to price 1.23013 which is 1.50% of Wave A. and finally to price 1.22800 which is 1.618% of Wave A. I used the Elliott Wave and Fibonnaci for my...
In this update we review the recent price action in the #GBPNZD and identify the latest high probability trading opportunities and price objectives to target
Tesla seem like testing “flying” its “world largest rocket” to the moon first before taking off with its most costly “batteries”.
As a trader, keeping an eye on market trends and understanding how to interpret them is crucial to making informed decisions. In this article, I'll explore the price movements of the S&P 500 (SPX) futures since the beginning of February 2023. Whether you're a beginner or an intermediate trader, this analysis will provide insights into the market's behavior and...
Crude Oil (WTI) & Natural Gas have been in an uptrend. Reversal Patterns are present, and BIG bearish moves are around the corner. Technical Analysis: - WTI: Ascending Channel Breach - Natural Gas: Ending Diagonal
BNBUSDT is about to finish the 5th wave of a contracting ending diagonal. 12% drawdown can be expected as illustrated on this 1D chart. Price action on intraday below volume POC. According to my wave count, BNBUSDT is likely to be enter in a 5-wave swing-downward correction to made a lower low amid 160 USDT price @ least extending down 1.618 from the ABCD...
TFD Wave Analysis / Projection - 5 wave ending diagonal pattern? Normally the opposite of previous wave if wave 1 was ABC uptrend, the correction could be 5 wave down > A potential 5 wave pattern correction downtrend bullish scenario with 5-3-5-3-5 pattern after finishing uptrend ABC wave pattern 5-3-5 > 1-wave - 5 wave downtrend correction retraced previous ABC...
Price action and chart pattern trading medium term setup > A possible sideway downtrend ending diagonal pattern with a falling flag channel 5 wave > Now, the price reached the T1 target at 1.618 fibo extension of 1-wave downtrend > The candlestick pattern is consolidating at the lower support level could be 3-wave and getting ready for 4-wave uptrend rebound >...
Amazon is still in downtrend, but support can be near, as it can be finishing a potential ending diagonal (wedge) pattern within wave (C) of an (A)-(B)-(C) correction from the highs. We are tracking final stages of wave 5 of (C) that can ideally stop somewhere in the 80 - 70 area. Any earlier rally back to 130 level might be signal that bulls are already back in the game.
Disclaimer - Just for educational Purpose Reversal Pattern after a long Down trend SL can be Kept near 17299 lvls Break out Pattern
Just for Educational Purpose Close Below Trendline is imp for Short !!!! Also a Double Top Formation ..... SL can be Put at 2551 lvls.....