RICHMONSTOCK

RICHMONSTOCK

full waves cycles chart. (pretty messy but also really helpfull to follow the market) in red and orange 1 month waves formation. in blue 1 week fractal waves. it is messy, but try it a bit you'll thanks me later.

RICHMONSTOCK

base on what a full market cycle the s&p have another big shot up in the coming years. (that doesn't mean the market won't get choppy or won't reverse big time along the line no market on earth is truely rock solid.) but in the long therm this approach should be correct, this messy chart can also help you to trade in the trend direction.

RICHMONSTOCK

messy chart but a nice one to study the current structure of the mrket if you are looking at the waves!

RICHMONSTOCK

FULL WAVE COUNTING LTCUSD. most probal sceanario : bullish entering into wave: 5 best regards, jeremy

RICHMONSTOCK

FULL WAVES COUNTING FROM WEAKLY AND DAILY CHART. 2 years back analysis. 3 posible sceanrio that futur wave ABC could take green (bullish scenario): what to look for: -price of oil (the lower the better) -us inflation (the higher the better) orange (neutral scenario) red (bearish scenario) (this is the most probal scenario, taking in count the rally of...

RICHMONSTOCK

Using an trend following strategy we can see some volatility going in favor of the bear ( space between 50 ma and 200 ma) also based on a fundamental point of view , with the oil going through the roof the cad should see some nice bullish attention from the correlation between the two assets. so looking at how many time the trend reverse on the 50 ma usd/cad...

RICHMONSTOCK

looking at a 1 month charts, with the completition of the 5 th impulse elliot waves. we can see that every waves did bounce on a fibo retraement/exension combinaison (i noted the one i don't show on the chart) also a simple extension of wave 1 give us a clear sign of the end of the 5th wave. it's actually to see a market following fib level that perfectly (i...

RICHMONSTOCK

so let's take a look at the weakly and daily eur/gbp charts. first of all our fundamental: to make a big summery europe have italia france and germany in the red so at this point go long on the euro is a big no no! gbp/usd should easily catch up the 1,42 level , so a nice move up from the gbp it self should take place. now back at the charts!!! 5 th...

RICHMONSTOCK

Just playing arround with Eliot impulse and corrective abc only. Even with such basic tool you could had avoid this little market correction. So what is to see , a good bounce on the 200 ma should be a good entry trigger since the global structure remain pretty bullish

RICHMONSTOCK

so basically you à te traders You learn that the market structure work in wave You have a perfect 5 impulse drawing in front of you the bottom of the fourth wave. So it’s a perfect swing , perfect position trading if you already in ? Are you all dum and think btc will go to 38k. The simple principle of wave impulse is that wave 4 never go in wave 1 area. So...

RICHMONSTOCK

to goal of most analyst is 3 dollar for the end of 2021. therfor that would be a 3:1 return on your overall investment or trade. what will be the most important thing to watch will be the break higher of this triangle. the good thing is that the last green candle could ether be a fake breakout and all the analyse is to make again. or we have our nice break...

RICHMONSTOCK

new support on fib level. the best probability is 54K on the next fib level then we will have to check back. on our wave count we should reach 60K on a longuer time analysis

RICHMONSTOCK

Do you even know how bullish this down channel is

RICHMONSTOCK

what to understand from this basic curve, what is the story we can ass of current time say about the market. -Well first: the bull run ain’t over , until we break and have a clear sign of a real break of the trend channels, the bull run ain’t over and trying to short stocks before that clear sign is the dummest thing to do. - the market will be favorable to a...

RICHMONSTOCK

Nice setup on the daily with a nice wave counting, and the starting of the 5th wave is a blast. A nice 2,93 reward to risk ratio. Some good support on the indicator and a low volatility confirming that the macd bearish signal won’t go against our prediction. C’est regards, patryck

RICHMONSTOCK

Nice short on the 15min ,

RICHMONSTOCK

Nice swing with high probability of succes on the daily chart.

RICHMONSTOCK

if we get this third wave confirmation a safe call would be 1600 as new ath probably could go higher but let's be profitable and not chase the improbal