Hi everyone,
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EGLD is stocked between to MA's, MA50 in yellow at 126.57 and MA21 at 139.485$
The price can play between those 2.. but what i see is a potential breakout for wave 5 at the en of the triangle March 22th or 23rd.
I will post possible targets for W5 in the bottom.
ELROND EGLD/BUSD WHAT CANDLES ARE SAYING :
4 hour : Upside, spinning top with a close higher than...
Hi everyone,
As discussed yesterday in the email sent to my members there was this possibility of seeing the EGLD pull back slightly to lower the bottom of its wave 2. From now on through my analyzes I will include a follow up on the S&P 500 (SPX) and the Nasdaq and the DXY ( USD) because several correlations exist between these indices. I didn't like the recent...
Based on the last weekly close and the Takuri candle signals are looking pretty good for Elrond. We have a double bottom accompanied by a takuri with a closing of the body slightly higher than the last one. Also i really like we took our time on this one, Elrond is showing healthy signs by waiting for it's own Daily MA 21 (dynamic support) is now at 135.52$ which...
Hi everyone,
One of my members was asking what are the signs of a reversal or a real confirmation that Elrond will go lower... or a real confirmation of trend change.
If EGLD close like this in 4 days on the weekly chart, this will be a real confirmation of trend change.
Currently this formation is showing no new high, a double top, and a new low.. All those...
