EURUSD has recently drawn a clear and complete Elliott wave pattern. Waves 3 and 5 have perfectly reached their objectives, as well as wave C. The ABC corrective pattern is complete and the price is now consolidating below 1.20. The Elliott Wave indicator is now pointing out 2 scenarios: - a bullish wave 3 in progress - a bearish wave 4 in progress The bullish...
Bitcoin - Weekly - Hammer within PB&J sweet spot. - Change of Polarity. - TD Sequential Buy Setup 3/9. - Stochastics and DMI support a long bias.
$DJX may be on the verge of a major decline. Many signals points into that direction: - S13 exhaustion point recorded today (October 6th) - Daily Price Flip - Daily close near Demand Line - Wave B recently triggered after a recent advance of 5 upwaves - RSI lagging near neutral zone From this observation, 3 different scenarios can be drawn: 1. Moderate Bear...
The #VIX is on the verge of renewed volatility. Following the spike at the end of February, volatility then calmed from mid-March onwards. Immediately afterwards, we observe the formation of 5 bearish waves ending around mid-August with an exhaustion point S13 A new bullish wave (1) was then triggered and peaked with a SU9. Wave 2 came back to test a solid...
$BTC bounced back stronger than I expected. It actually reached the 61.8% Fib retrace of bearish Wave 3 Now Wave 4 (bearish scenario) has been triggered and a Sell SU9 has been recorded Wave 5 may have started with the recent price flip. If wave 5 is properly underway, the most optimistic target is between 9,000 and 9,800 USD. This could coincide with a trip...
#Tesla potentially reached the end of its bullish 5 wave on September 1. The first bearish leg could indicate a retracement of wave A and the current upward movement is a wave B. The price is currently reaching a first zone of resistance (between 50% and 61.8% retracement of Wave A). This zone also coincides with: - The triggering of wave B (and 2 of the bear...
$BTC has just reached a potential Bearish Wave 3 Target. Now Wave 4 (bearish scenario) can begin and reach a price target between 10.400 and 10.700 USD (max 11K USD) Once wave 4 is over, a bearish wave 5 is expected. The most optimistic scenario is that: - Wave 4 retraces 38.2% - Wave 5 Fib projection doesn't exceed 100% of Wave 3 amplitude. In this case, there...
$XAUUSD has reached a weekly local TOP here on a 9 Sell setup combined with a C21 combo countdown. Wave 5 is also in progress but it is too early to confirm its completion. Positive elements for a bullish continuation - The most recent Sell SETUP 9 resets the previous countdown since its size is between 1 and 2.618 the previous TD Sell Setup. - Still no signs of...
$BTC has just been rejected by TDST Resistance line. MATHR3E REI indicator was overbought (>40) in a bearish/oversold territory (red background). Wave 4 remains in progress but is competing with a potential bearish Wave 3. The area of support between 10.600 and 11.000USD is still a good support zone to contemplate. However, today $BTC has just triggered a bearish...
$BTC wave 4 is still in progress The first area of support between 10.600 and 11.000USD has not been touched. The pullback could be enough with a buy setup triggered yesterday. However, the buy Setup is unperfected and a retest of 11.100USD or lower is likely before the expected consolidation/reversal materializes. RSI starts to look good. A stronger correction...
$BTC is showing signs of weakness today: - Rising wedge breakdown - RSI Oscillator divergence - REI Oscillator Weakness - Sequential 13 Exhaustion point Positive signs: Elliott Wave indicator is showing we are likely in a Wave 4 Consolidation before another leg up. The first area of support is between 10.600 and 11.000USD which is the most likely one for a Wave...
TD Sequential showing a reversal signal ETHUSD Hitting horizontal resistance ETHBTC Hitting channel resistance RSI Divergence
Buy Ethereum. You will make more money. We're using Bitcoin Weekly for the Technical Analysis. Weekly is the GOLDEN KEY. By my assessment it is safe to buy now. This up wave should conclude on the Week of 14 September. T1: $13,900 - $14,600 T2: $16,000 T3: $18,000
$BTC Finally reached the target zone defined in March 2020. Now we are struggling below 10K with resistance levels and exhaustions points on multiple Time Frames: Weekly: Currently at the top of a symmetrical triangle combined with a Sequential S13 exhaustion point. A retest of the middle line of the symmetrical triangle is possible at the moment...
Will the 9 & 13 signal come in handy yet again? we will soon know. it has been hovering around the middle of the channel for a few days creating a 9 & 13 sell signal. Coming into the report, Nvidia stock was up 25% from the May lows and more than 94% from the March lows. For the quarter ended April 26, the graphics processor company posted revenue of $3.08...
Amazon inc. Broken daily trendline Demark 9 sell signal RSI falling / divergence 1st target: 2188$ 2 target 2018$ 3rd target: 1750$ stop Loss above previous high
As you see, current bullish move was already predictable from October 2019 using TD (DeMark) breakout projection no. 2. Now, price is facing very strong support - May central pivot range (CPR), May Camarilla S3 reversal level, yearly classic S2 pivot, yearly Fibonacci S3 pivot (did not plot the last 2 to have it more clear - but they are there) all at same point,...