So far Rivian is still playing by the rules. I have updated my count to reflect this latest move up. We could potentially go up to the $15 area before we resume our decline to our final destination. That would put us around the 0.5 fib line of this wave 3 retrace. Still patiently waiting for it to hit my target box before I buy any. Bonam Fortunam, --Tyler
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
In this chart, I am zooming in for closer look at the chart over the last 26 months. Jan 2021 was the peak of the first Major Wave 1 which ran from 2.5p to £1.825 & which consisted of a clear 1,2,3,4,5 pattern. From Jan 2021 the Corrective Major Wave 2 then took hold and saw the price fall from £1.82 all the way back down to 62p on 13th October 2022 in a typical...
Hey traders, GBPCHF broke and closed above a major falling trend line on a daily. The broken trend line turned into a key vertical support now. Probabilities will be high, that a bullish movement will initiate from that. Next goals for buyers: 1.1423 / 1.151 ❤️Please, support my work with like, thank you!❤️
Bitcoin is likely to go down, because this falling wedge is breaking down and also because the impulse wave has been completed! 10% crash is the minimum at this point, but we could go even lower. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade...
Malaysia Genomics Resource Centre ( MGRC ). There was a “triangle” in chart. So..so. It’s high “probability” that the “deep pullback” since Oct 21 is just a “correction “. Price will eventually “exceed” 2.72 (potential of more than 1000% growth!!) After price build its “base” @ 0.180 +/-.
I have entered into a long position in Atom as I believe that wave 2 on the 12-hour timeframe is soon to be completed. This gives me reason to believe that wave 3 will soon follow, which I plan to ride in order to profit from the price increase. It's important to note that the Elliott Wave Theory is not a guaranteed predictor of market trends, and conditions can...
It made three downward waves, wave A, and the remaining three corrective upward waves, wave B. I finished the number of two internal waves of them, and one last upward wave remained.. Let us see what will happen
Topglove’s Price will be trending up to 3.78 +/-.( a potential of 320% growth from current price).. Slightly “exceeding” the inducement/ stop hunting zone. (3.00)..Where FOMO ( fear or missing out) investors/traders will “stuck” again due to a “deep pullback “ of -50% toward 1.69+/-
Again, judjing by the recent developments I update the short-term outlook for SP500 assuming an expanded or a running flat in the making.
Gold price “retrace” deeply after slightly “exceeding” inducement / stop lost Zone. And there is a head and shoulder pattern in lower time frame e.g 4h, 1 h chart.
My previous read of Gold's wavemap has been proven invalid through price action. Any chance of a drop to the levels of 17xx have been very likely denied considering today's price action. With the removal of certain possibilities, only a couple similar options remain on the table. With anticipated support to come near the levels of $1830-$1870, I expect Bulls to...
S&P 500 (SPX) rally from 10.13.2022 low was in 3 swing and ended wave (2) at 4194.16 as the 1 hour chart below shows. Wave (3) lower is now in progress as a 5 waves impulse Elliott Wave structure. Down from wave (2), wave ((i)) ended at 3943.08 and rally in wave ((ii)) ended at 4078.49. The Index extended lower again in wave ((iii)) towards 3842.91 and rally in...
This is an idea for this stock bottoming in January and already pulled back, and about to start a wave 3 of 3 of 1st primary wave. Note that I am new to EWT and have not really looked into whether this fits into the model. It's just drawing some lines on the chart. With that said, look at the nice volume recently.
On the above 3-day chart alt-token market dominance is testing resistance for the 3rd time (although technically speaking it is the 5th test if the two tests in January 2018 are counted). We all remember what happened to our alt positions in May and September is probably still fresh in our minds, a strong sell off. The 60% dominance level (blue line) represents...
The outlook remains unchanged with a slight amendment of the final wave (c) down which took shape of ending diagonal.
USDZAR Has been in an impulse phase and it has been completed with no rules violated. We are in the bearish phase of the market, we have two counts going on where it could be an impulse in the downside suggesting a long-term sell-off or a short-term sell-off as a correction meaning we are trading in a wave (C) instead. The idea of an impulse is a little complex...
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS