Hello I have decided to share this chart as simp,e as I can because I just want to mention its markings. There is an alternative counting for this charrt that say this last upward trend was wave 5 (Primary) and then bearish market will start. I do not want to be dogmatic but it is not so possible because : - wave 4 primary corrected more than what I can accept it...
Hello everyone I am not fundamentalist (I wish I was) and I do not have enough time to follow Crypto White papers and it is a big gap in my work. I search in the market, like a gold seeker, and find whatever fit with my strategy which is so simple. In this way, I have found this project and I am sure most of you are know about it significantly more than me. The...
Hello everyone As you all know some charts have very near correlation to each other and some do not. I do not want to compare their correlation in a long time history but I just tried to alert you they that they are following their movements with a time lag (just in this rally) so do not make it as a rule. I do not rely my strategies and entry points on the...
In my experience, a stock trader should have a watchlist that is set up in weekly timeframe and so he/she has enough time to monitor them and get the concept of movements and its investors and many many other aspects till the due time that want to enter a position. I never trader in zoomed in views and trapped in small timeframes unless I had counted from upper...
Hellooo I guess you all realized that how much I am interested in bigger time frames. Now I have brought you another share that I think will be a really good chance for our nest weeks trades. I do not care about last waves before this Leading Diagonal because if this Leading Diagonal is confirmed it does not matter if it wave 1 or wave A of a zigzag. What we...
Hello everybody As I mentioned before we all need to have a monthly or weekly timeframe watchlist for our next investments. When you enter in a weekly or monthly rally (Wave 3,5,A,C) you can guarantee your trades and prevent to be trapped in numerous support/resistance levels included in correction patterns. For this reason I have decided to let you put this NYSE...
Despite the idea of a bearish impulse for dollar index I think it will surprise us and goes up. A reliable Head and Shoulders patter is obvious and its Neck Line breakout also happened and the last confirmation for me is to breakout a green zone. For now just wait and see because we can have very good position in EUR if it analysis is correct. Thanks
Hello everyone It seems that Gold finally has exhausted and now it is resting (make liquidity) for the next rush. Let the market to prove or fail it. Thanks
Hello everyone It is not a new idea and just follow that last one. I want to say that again, be careful about GOLD every moment of your trades because in my experience XAU is sooooo deceitful. Thanks
Hello everyone I want to decide another symbol I have invested in recently. This coin has good fundamental and I suggest you put it in your watch list. According to its technical analysis and elliott principle, I have designed 2 scenario for it. 1: Leading diagonal (I wish it happens) 2: Extended waves (Repeated 1,2 waves) Thanks
Hello everyone There many alternative for this correction pattern and according to Mr. Prechter (Elliott wave Principle Text Book), correction patterns will be clear just when they finish. As I said in the last BTC idea update, I think the correction in BEING extended to make us disappointed and tired and for this reason Ending Diagonal can be good pattern for...
Hello There is a momentary hesitation about this counting for now but... It is just an idea for the last minutes of BTC decision about its direction
Hello everyone USOIL is experiencing many unstable and doubtful decision being taken in the Middle East and other dependent countries. I think the best strategy is to wait for the trend reaches to the boundaries (Blue Channel) and then decide if your are really interested to get position or conservative strategy is to wait for Blue channel break out (Up or Down)...
Hello everyone I do not talk (fortunately) and let the chart show us everything in the next week. Thanks
Hello I do not talk about it but just mention that please do not enter any position unless your confirmations (Reliable ones) have been met and you are entering in the end of a wave 2 to gat wave 3. Important rule: In my experience, it is really crucial for new traders with Elliott method that just try to find wave 3s of impulses and after they become more...
Hello everyone It is not new ideas for BTC chart and everything is going well following our last BTC analysis. I just want to give you an idea about what might happen in the next days.
Hello everyone It is not very important that how deep BTC will correct as wave (4) intermediate and what we should monitor is that wave impulse, as wave 1 of wave (5) intermediate, and then get in a a position if you want. Another important thing is that, if my ending diagonal is correct so its upper boundary breakout with a shape of impulse can be our confirmation.
Hello According to my last mentioned ideas, we do not need to insist for counting in a rally if it becomes unclear and the best strategy is Trailing Stops and for now what I am pretty sure is that we are in a correction (wave 4 Intermediate) and then rally continues to probably finish as wave 5 intermediate of wave 3 primary (if extensions do not happen) as well...