After putting up my initial buckshot for the next month, some movement has come into picture. I have Minor wave 1 ended on September 30 at 1400 which had it last just over 31 trading hours. This is 3 trading days earlier than my last forecast. This could mean I am wrong now, was previously, am still wrong, or most of my original forecast has slipped left and the...
Gold having recently fallen 11% from its all time high (US$2075) back in August is interesting. Usually used as a Hedge during times of high volatility in the markets, gold is taking what looks to be a serious retrace after 2 years of mostly uninterrupted growth. What's interesting is that the markets across the world have become inherently more unstable due...
With a close below the 200 day moving average, the big question is, does this continue? Make sure you press like and follow so I know you want more ideas like this!! Here we examine the 4hr chart. While things have seemed bad for Spy lately, if we break down the broader term price action, we see an ascending channel. This channel began on a gap up after a...
This is the estimated track to election day. The downside should be behind us. Each Minor wave is based on its average make-up of the larger wave it is apart of. Each Minute wave inside of the Minors is the same concept. I will continue to publish and adjust as we complete each wave. This is just the initial blueprint.
Since the COVID Crash of March 2020, It is apparent that Gold has been leading Bitcoin! - Gold leads the charge on the 19th March 2020 and was first to enter its Consolidation on 14th April 2020. - Bitcoin entered its consolidation on 7th May 2020 lagging Gold by just over 3 weeks. - Gold exits its consolidation an starts to make new All time High @ $2,074 on...
Following the trend of technology stocks and healthcare stocks. Mphasis (a technology company stock) has given breakout from it all time resistance and has entered uncharted territory. Keep stop loss at 1153 and buy. Keep a view of 3 Months to 1 year and buy. *** ideas are my own , please invest as per your own risk ***
Entry: 23.2 Stop loss : 20.9 (-10%) Great volume profile with higher volume on green days and lower volume on red days. 2-3 shakeouts during the basing period. Showed high relative strength during early September correction Bullish MACD
Hello everyone, here is the top-down analysis for GBPTRY, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
We are ready! The crypto community is ready! The whales are ready! But not so fast. This doesn't mean the bulls are ready to take on to new all-time highs. Before Ethereum is poised to set out to new highs, we need to complete the current correction pattern. As long es we don't see prices dropping to at least $288, the light for another Rallye will not turn...
Is Bitcoin gearing up for a new all-time high? The "to-the-mooners" 🌚 will blatantly nod their heads, but also the Elliott waves might suggest that a new all-time high is coming. However, this bold statement comes attached with some conditions. Most important, we need at least a corrections to price areas of $8200, where the ideal price target for a wave 2 is...
I think the all time highs for these 2 stocks are behind us and they should only head lower from here. Ive observed a repeating pattern for both these stocks which tell me a trend change is forthcoming
Heres the daily chart for a more in depth look at the gold chart gearing up for a run towards $2250/ounce
Timken India is in a strong uptrend and it formed a fresh lifetime high last week. Following this, the price action has formed a bull-flag pattern. The upward momentum looks strong and the stock can be expected to rise in the upcoming days.
After responding positively to the support ₹756, the stock has been continuing its upward movement. It has risen over ₹800, which has now become a support level for the stock. Expect the price to rally further and hit fresh highs.
Reliance Industries hit lifetime high of ₹2,198.8 in July and since then, it has been moving in a sideways trend. Whatsoever, the stock is still bullish as it continues to trade above ₹2,000. It will most probably rally sooner or later. Note: The Supreme Court is likely to says its verdict on AGR issue on September 2 and this can impact the stock price. Watch closely.
Price: Consolidating under Fib 23.60% (fib retracement from all time high to low) All time high: Approximately +14000% Twitter: Very active Niche: Gaming My investment thesis: Find magic internet coin with active community and high upside potential relative to previous all time high. Must also be in a somewhat relevant niche within crypto eg. Defi, gaming,...
Broke the all time high resistance, sit back and watch digital silver work.