After ABC correction, the prices bounces from the target zone. I'll wait for break out and trend confirmation. Ichi indicator doesn't look bad (price is below the conversion and base lines, but future Kumo is still green, TK cross is bullish, candles are closing inside the cloud, so edge-to-edge strategy is possible). If market sentiment is positive, we can see...
quick new light on the current gvt scenario. looking at my other charts all evidence suggests that this is a wave 4 correction however retracing to to 0.38 of wave 3 pushes my thoughts into this possibly being a full cycle correction. harshly 0024 should be the bottom of a WXYXZ correction and liftoff to wave 5 should be imminent. in an extreme case this could...
Hello My Dear Friends <3 So yesterday I literally nailed it, when it came to finding the bouncing area. BUT that was not good enough. I did expect more. I assumed we were done with our Blue A-Wave correction, and was about to ride up on the B-Wave. Everything was also looking good for at long time, all the indicators were pointing in that direction. But when...
NEX is coming. I missed out on the lottery I hope there will be another one. Its buy time for NEO on the MACD and all other Oscillators are neutral except momentum. All Moving Averages are Sell except for Ichimoku cloud which is neutral. Load up here on the bounce from the double bottom.
Hi there. I have just realized about this btc fractal. What do you think? The ABC waves are perfect, and fibonacci matches perfectly. On the other hand, there is a bearish divergence at the RSI (1h candles). Legal disclaimer: *THIS IS NOT A BUY/SELL SIGNAL. Try to do your own research before trading.*
75+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
I have lost my drawing tablet pen in a recent trip, so until I receive a new one I can only do crappy drawings with the trackpad. But I wanted to get my idea across somehow. Not the end of the world, but no-one likes dandruff right? BTC couldn´t bear it anymore so she went to ABC Mall and got a huge bottle of H&S, The thing had been kept consolidating in her...
BRK.A appears to have completed the 5 wave elliott wave structure and is showing signs of downward movement. It seems to be creating a 5 wave structure downwards, which would be the A wave of the corrective cycle. Wave 3 is currently in progress and I would anticipate some consolidation around the trend line to confirm the 3rd wave continuation to the negative fib...
45+ Pips SELL Good Luck! KEEP THE RADARS UP!!!
Hello Dear Friends! Yesterday I gave you 2 scenarios - a blue, and a purple one. I was right, when I said, that the blue bearish idea, was most likely to play out. Let's now take a look at this new 4H BTCUSD Chart! We tried for a long time to get that 3rd purple Elliott wave going, but we never managed to do so. The bears were too strong. As you can see that...
250+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
Hello Dear Friends <3 I NEVER trust technical analysis conclusions from someone with a fixed narrative - Peter L. Brandt (world-famous trader and TA-book author). - D4rkEnergY, you always say it can go either up or down. - D4, You change your mind all the time. - You are wrong again! Down in the comments you will hear a lot of those comments over and over...
We retraced only to 0.5 from the recent high. Now if we dig in into this second wave we made a deep retracement of around 0.786 so this makes an ''a''. Current point might look like a pivot point for ''b'' so we will have ''c'' which doesn't break above ''a''. If we make 1;1 extention A to C we reach exact 0.618-0.65 golden pocket of the whole up movement since...
End of C wave on the daily time frame. Possible long...still waiting for confirmation before opening new position.
175-250+ Pips SELL! Waiting for pullback and/or Good CANADIAN data on Friday... Good Luck! KEEP THE RADARS UP!!!
Hi, in my last post of BTC i described how dangerous it is when we fall now to the 8306 level you can see in orange on my chart. BTC is forming the C of the big ABC correction now. This big down-wave will bring us to around 4500, its the 161.8 % retracement mark of the current ABC correction. On its way are the 7900, 7200 and 6200 levels for possible support,...
35+ Pips BUY Good Luck! KEEP THE RADARS UP!!!