Hello guys, in this technical analysis I want to speak you to Monthly from Daily timeframe what I expect of this par!!! Lookin in Montly, we are in the elliot wave correction ABCDE, and that mean a possible bullish this pattern, because we are into in the ascendent triangle with expectative so bullish for long term!!! But more important is this screenshoot...
in this technical analysis as education, we see an EUR/USD in long term very bullish. Why? Because there: If you keep watching up, we are in the strong support and a possible formation of Bat armonic pattern bearish or double top, as you want to see, maybe it's has for me a double top, and very strongest because in the past in the accumulation of 2014-2017 we...
look at this elliot wave, tell me what you think. im thinking on buy for the next week
Hello traders. Today we will talk about Bitcoin from the Elliott Wave perspective. After that strong and impulsive rise in the first half of 2019, BTCUSD has slowed down in the second part of 2019, but clearly with slow and complex W-X-Y corrective structure that can be also finished with an ending diagonal (wedge pattern) in wave Y, which is actually a powerful...
I have been watching the price movement of bitcoin and I consider a possibility that the current price action is a very rare pattern of the terminal impulse, which consists of 5 waves, but waves of a smaller degree form the 3-3-3-3-3 pattern. This is not 100% true until it is completed, and serious trading decisions should not be made on this basis. However, I...
Hello fellas, welcome back with our technical analysis about bitcoin. This time, I want to focus on potential movement in the next 7 days of bitcoin. And because current structure is beautifully related with the past performance of bitcoin, I will try to make a projection with elliot wave count. Let's get it to the point. Yesterday, I saw 2 important things that...
Hello fellas, welcome back to the Sunday night update about bitcoin. Today is the January 5th, 2020 and this is going to be an awesome update for bitcoin for mid term use of trading set up. Here we go. I have to admit that my previous perspective which said that the B wave has already confirmed could be invalidated when the price breaks the green region around...
bullish cypher,bullish bat if we consider both the structure .Prz zone is near price is in channel,broke the trendline .
Ending diagonals are motive wave patterns yet not impulses, as they have two corrective characteristics (wave 4 must always enter the price territory of wave 2). ED's usually take the shape of a wedge and in all cases, they are found at the reversal points of the larger patterns, showing exhaustion of the larger movement. I usually confirm that I have an ending...
On October 15th 2019 we posted a trade idea on our TradingView Profile >>>HERE<<< for a potential 5th wave long swing trading opportunity on GNRC. This video explains the subsequent bullish move to hit our original 5th wave target and then a further 5th wave swing trading opportunity. This is a great example of our Elliott Wave Indicator suite in action during...
Hello fellas, How are you doing today? I hope you are doing great. Let's get to the point! If you have seen my yesterday's video analysis about bitcoin in short term and long term view (and if you haven't seen it, kindly see it on this link youtu.be ), you will be very familiar with some of this key levels drawn on the chart. After the action of breaking out of...
Quick video discussing the tools included in our Elliott Wave Indicator Suite for TradingView that measure the performance of the Elliott Wave 4 Pull back. Find out more about our Elliott Wave Indicator Suite for TradingView >>>HERE<<<
Ending Diagonal An ending diagonal is a special type of wave that occurs primarily in the fifth wave position at times when the preceding move has gone "too far too fast," as Elliott put it. A very small percentage of ending diagonals appear in the C wave position of A-B- C formations. In double or triple threes , they appear only as the final "C" wave. In all...
Harmonic waves analysis with some market pattern recognition and range structure. I will add fundamentals a bit later for everyone on recent news. Blue boxes are where I would seek buy opportunities. $35 seems to be a floor on the hourly. Please observe all touch points and read on how harmonics play a role at major price action points that cause reversals...
Again, I trade on the 5m chart. We are headed down to wave leg #2 at the moment, feel free to utilize this pattern and make profits! I wish I could post the 5m chart but TV wont let me due to time lapse. On the 5m chart the Double bottom shows better but not on this chart, sadly. Elliot waves are worth learning, they work! Thanks!
Good Friday morning, traders. We made it through the week and now, with the weekend upon us, absolutely anything is possible in this market. At this point, we still have the $7900 target from the IHS and price continues to hover around $7400/$7500. The TFs don't get overbought until the 4H, which means that there's room for price to break and run a bit. Speaking...
Good morning, traders. It's Thursday and Bitcoin is moving as expected at this time. On last night's live stream I spoke about how we expected to see one more push upward toward $7700-$7800 to complete a possible subwave 5 of this Wave 3. Following through in such a way should give price the look of the previous pattern which occurred prior to the breach of the...