Hello I have published my idea about DOW in an another chart and that's following our forecasts step by step, but I have decided to show you a little more detailed chart in EW aspect. This is a simple model of Elliott counting that happens so common but there are some good points that's worth to be mentioned. 1. Alternation between (A) and (B) is "pattern". 2. The...
Hello I usually publish my ideas in daily charts and to give them hourly chart I have to publish more, so we do not need to repeat our opinions here. I wrote it for moderators that they do not need to mark me again please. This is to early idea and please let to complete and then we get long positions. Thanks
Hello I don't think it is necessary to repeat same expressions because it is really boring. What is happening in OIL market is to decrease the price and increase the sell power to balance it. WTI was able to penetrate into our resistance level and it is making a first wave. We traders should change our decisions whenever it is necessary and never insist in our...
Hello There is nothing more to say about BTC and please check lest ideas. This is just an update for its new wave counting Thanks
Hello We have discussed about this trend and its opportunities in our last published idea and nothing is changed. I just want to give a complementary wave counting. In addition, the best wave for trade in EW method is wave 3 of 3 specifically in bearish market. I do not know if this counting is true or not, but we can confirm it if it drops down.
Hello If you ask me, as a swing trader, that where is ok for getting in a position, I say nowhere for this and at this time, but there are 2 confirmations that should be met before you get in. I prefer to enter after that pullback of the second confirmation. Thanks
Hello BTC started to rise after it was rejected fro powerful support at 56,500, but this weak rise was not my first scenario. So if it goes true and this is wave 5 primary, we can expect a short rise and then BTC will go to so complex wave IV cycle. For us, the scenario is to wait and see if BTC can break out that critical resistance ate 75,641 level....
Hello everyone I am not surprised for this recent news regarding Israel and Iran political problems and start a new war but I am, it is better to say, that I hope this war will be a fake news to make the market a dip and this problem might be solved soon. A human do not like to make money from a war. If my estimate is correct so we will see a shallow correction...
Hello everyone I am not sure if this is a correct chart of Arbitrum or there is older ones but it does not matter for what I want to say. The first upward trend is surely the end of a rally and what has happened then was clearly a correction so we set a good strategy for that and if it does not work we leave this chart unless you want to see ARB as an investment...
Hello Sometime how beautiful and text book pattern has been made in the chart that I suspect that if it is true or not. For now it has happened for Nasdaq and there is no need to any explain so we just need to wait and and see. Thanks
Hello everyone I have 2 scenario for gold and I guess That silver will achieve the first place among other precious metals very soon and lead all attentions to itself. For now it is struggling in a big range area from 2020 and so my bullish confirmation is whenever silver penetrate this purple channel and run away from this purple range zone to start its...
Hello Everyone I want to say something that might be your strategy or you may criticize me about that but I am sure whoever disagrees with me about it is struggling to get profit in his account. Note: Always and always trade in a chart that is in a weekly trend. I man it does not matter what timeframe you are trading and with what method, it is incredibly vital...
Hello everyone The biggest monster in the Nasdaq is tiered or it was just a correction and then it continues to its rally. No one knows but it not important because Elliotticians can surf on the waves and we give enough time to MSFT to disclose this secret for us. We Elliotticians have a key factor and it is the difference between Impulses and Correction. What is...
Hello everyone I could not realize that why Moderator marked my last RIOT idea as an "understandable idea" and how much I tried to get the reason or feedback I did not get any answer but I respect to his decision (He know the charts better than me). I have waited for this symbol for a long time and I hope to get a good position (If confirmed), so you can follow me...
Hello everyone I guess AMZN is so similar to another enormous teammates in Nasdaq markets and so it is a correction and then follow the rally. I know that all of my predictions can be failed but it is not meaning that my work is wrong. You should consider a countertrend strategy for your analysis but as I always say" a tradre should chose his side (bull or bear)...
Hello I needed to share my zoomed out chart of Euro to show you what counting I have done for it and also get your opinion about this chart please. Alt 1 = Black Alt 2 = Red Thanks
Hello After Oct 2023 HD started to make a rally and now it seems that it is tired and reversed but I do not confirm a bearish market for HD unless I can count a bearish impulse wave. According to the chart, wave 1 and 2 minor ended and we in wave 3 unless it was an abc and trend continutes to its bullish movements. What makes it clear for us is that we can...
Hello The main difference between Elliott and the other techniques is to draw a complete map from the start through the future of the market and none of other methods can do that. If this counting is correct or not wont change this rule and whenever our markings is incorrect we just need to repaint instead of changing our methods. For now this what I have labelled...