The A-B wave should be between 38.2% and 50% Fibonacci X-A wave. The B-C wave should be between 38.2% and 88.6% Fibonacci AB wave. The C-D wave is at the level of 88.6% of the X-A wave or is between 161.8% and 261.8% of the B-C wave.
Hi, fellow traders I find that majority of traders have common problems when doing MTF (multi-timeframe) analysis, usually, most of the traders are applying the same strategy all over the timeframes, so they end up using entry strategy on higher timeframes, and then also on lower timeframes, which puts then in an ever-spinning situation, where they end up being...
Be really careful about placing bets against this monster. The end phase of bull markets are always characterized by explosive panic rallies. Been rising for 12 years. Fed gonna raise rates >1% next year, probably gonna get a 50 basis pip pop in spring or summer, inflation unchecked. Read Friday's NY Times for a very insightful article on when, why and how much...
The Ending Diagonal Pattern of Elliot Wave Theory = The Wedge Pattern In Classic Chart patterns Basic Rules For The Wedge Pattern: 1. Consists of five waves 1-2-3-4-5 2. Each wave subdivides into a zigzag a-b-c 3. Waves 1 and 4 overlap in price 4. Wave 1 is usually the longest 5. Wave 3 can not be the shortest The "Wedge Pattern" can be found as a...
Lean cattle, given the selection of m1 that I have chosen to focus my attention on, is showing Rule 7, condition c. This is an unfortunate selection for the lazy-hearted. Rule 7 Condition c has a lot of extensions, and given the different circumstances could be labeled with an F3, L3, L5, or sL3. I still don't know what those mean, but I can draw some...
Markets trend. Those trends can be divided in 3 + 1 phases: Phase 1: Other names include Accumulation/Reversal/Wave 1 No one really know we are in phase 1 until much later. Phase 1 is very often followed by a deep correction. This was spotted by Elliot (from Elliot Waves) as well as Dow I think? From the market itself this appears to be true. We can see it...
Hello, in this technical and special analysis for Ethereum I see that Ethereum is into the great zone of accumulation began from 2018 to actually. So, it;s very strange what Ethereum is so prepared to a bullish cycle in the future. So, lets me see any thing. Ethereum has complete the Elliot wave ABCDE, and now later of the E, I see that Ethereum want to going to...
educational material of Elliot wave Leading diagonal Structure (3-3-3-3-3) OR (5-3-5-3-5) In real-time charting, you should NEVER label a developing wave as a leading diagonal. These are so rare you should not even consider them as an option. You should label leading diagonals as such only on past charts when there is no other wave count that fits. so this...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i...
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted...