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...
This is a post I have been meaning to do for a while, and now seems like the right time. If any of you wavers out there are having trouble discerning even a diagonal out of this junk, this is my real theory and my actual count on the S&P index, futures, and SPY. I posted this picture a in a couple of rooms on discord, and figured, hey, why not publish. Here is...
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 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.
If you find this information inspiring/helpful, please consider a boost and follow! Quite the dump. Pitchfork has been responsive. Watching how this impulse retraces. Could just be prof taking but, need a bit more clarity. A nice step would be a reclaim of 0.96 Waiting for some clues to play off of, but a nice impulse complete is a nice anchor to play off of....
Another leg in the horison for alts. this could be a massive transfer of goods into alts. Seems like 4 in creating. Demand zone is tested once already. Perhaps more time required for this to develop. Current price action of the supposed (A) looks corrective.
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!...
Hello friends today In Bitcoin currency, we have a 5-wave pattern that is completed by waves 1, 2 and 3. Bitcoin is definitely completing wave 4. Wave 4 is forming in the form of a triangle pattern, which is very common in wave 4. Now the 4th wave is completing its D and E waves. Therefore, we are waiting for the completion of these microwaves, and then the price...
Based on the current price action, it seems wave 4 is over, bounced on the previous resistance level ($66k-67k) and now beginning to slowly approach the wave 5 target, which is in area of 123.6 – 161.8% wave 4 fib. If the target area hit, the monthly close would be beautiful. Disclaimer : this is my first time using Elliott Wave, so NFA.
Y'all gonna get rekt shorting this. Wave 5 underway. Might get another dip the next few weeks and then off to the moon. Targets based on various EW counts.