Still in line with my previous analysis. I approach this from an Elliot Wave perspective with Fibonacci relationship. To me this looks like a macro ABC with final leg down reaching extremes. We are likely in a bullish divergence territory on a Weekly Chart. The chart above is Daily for easier wave count to pin point where C might end. The support box is in...
GBPCHF in a very very early stages of a potential perfect 1-2-3 play. Keep an eye and follow the step by step play to see if we can pinpoint an entry from this idea.
Shib looks like it could fall back to the 24-26 area again but is hinting that it wants another test at 50 this month. let's see what happens. I'm 70% bullish 30% bearish here
This is my analysis of the market, specifically the S&P 500. Indicators and fundamentals that point to a massive drop. The formation identified is called a Broadening Formation (aka Megaphone Formation) Here's the link to better explain the formation in detail - www.investopedia.com As stated in the video, if you have a difference of a opinion, I would love to...
Happy New Years everybody! I hope everyone has taken some much-needed time off and enjoyed the long weekend just as much as I did! (aka wine and food lol!) To kick off the new year I've compiled a list of my top stock picks along with my 2021 S&P 500 predictions. I took all weekend researching all of these companies and will update them periodically. For the sake...
There seems to be a pattern here. When a strong sell signal is followed by a buy signal, there are strong gains over the next few weeks. Also notice the Supertrend buy signals on 6/23 and 10/12. 6/23 was followed by a loss of ~15% followed by a 100% gain. 10/12 has now also lost ~15%.
I'm no EW expert, just a rough sketch of what could happen. The market has been very volatile lately; but I'm feeling Bullish on the possibility of a huge stimulus if Dems win the Senate and POTUS. This could be hampered by delayed election results and Trump going crazy, but it should make for some interesting spreads. The Green line is a mid-point of the long...
can we see Audusd push higher?.. in my opinion, we can see more bullish momentum to the targets I have marked up aligning with the 12hr 50ema and daily 50ema. breaking down my technical analysis, you can see there has been a massive sell-off breaking some all-time lows, this has created a very overextended daily run. finally, we reached daily support, on the 4hr...
Hey everyone, I just want to clarify that i'm not here to discuss the fundamental future of Bitcoin (like the regulated implementation of it in the real world), but instead, show you a very simple long term understanding of where the price might take us, especially after the 3rd consecutive block reward halving that will occur in May. You may have seen a similar...
Bitcoin is Climbing and thats good because I need to buy my GF some new hubcaps. The triangles are back. they were always there I just didnt zoom out enough to see them this is not financial or trading advice i am not a investment advisor or stock broker but I am here
I am predicting it will reach the green box by the price and date shown.
It already did 3rd Wave. Now it's in correction. S1)YELLOW WAVE Expecting a 5th wave to form soon if support of $12.6 stays unbroken. S2) WHITE WAVE - ABC Correction before 5th Wave IF S1 fails: Expecting a 5th wave to form on around $12 area. S3) If S2 fails - ABCDE Correction befor 5th Wave. 5th Wave might still start at about $10.7 S4) IF ALL ABOVE...
Ada forming Last C wave of a Zig Zag, possible devasting drops !!!
DAX Index Bullish Channel Nice Elliot Impulse Waves Currently Longs closed and Short Trade Active from 10700 Shorts TP1 @Wave 4, round 10100 Coming week to be watched: Will we get bounce from support round 10470s, Bounce after filling the previous gap or just Adding to shorts after filling the gap. (Predicting for nice long-term SHORT Trade from this...
There is a high probability this coming week that DJX might shoot up to 180.
With the dust of Brexit still settling there is much uncertainty as to the direction of the world economy, we saw a significant drop in the GBP. As the U.K stabilizes itself with the injection of £250 Billion from the Bank of England (www.independent.co.uk) coupled with the threat of other EU member states considering there own exits (France & Holland) this will...