WOWWW what a crazy day.. chart played perfectly now what about tomorrow? well heres what i think! we are headed MAX to 9158 on the NQ or 2876 on the S&P , i think the future algos will have there time well spent correcting that crazy move at the end of today.. that said upside is minimal R/R now to the down side.. any entry over 285s a good one, let her RIDE!...
hello everyone i normally chart the SPX but it looked really choppy so i looked to the NQ and heres what ive got! looks great all things line up i am playing this aggressively! leave you opinions and follow me on twitter i would really appreciate it! @jose_spy1 would love to see other eliot counts so send em my way! goodnight!
GOLD Long position: Confluence rejection: Breakout & Retesting the global Trend-line (99% Long) As we can realize that GOLD had succeded to breakout the globale triangle pattern, after many rejections by the weekly trend of the globale triangle. This retest scenario was expected, and that trend contains now (and before) many pending orders ... It will surely...
lets ride her down!
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looking bullish for ETH but for now ETH test important lvl a bit down to find support
Wave 4 got rejected at .618 today, could we be heading to Wave 5 now?
This is alternate scenario if ES breaks out of my initial target of .5 level, next target (and last) would be at .618 level since Wave 4 cannot cross into Wave 1 territory. Also retraced Wave 5 based on Wave 4's new target.
As expected, Wave 4 topped at .5 fibs (first target), which also happens to be the long term support from 2008, and failed to break through it (KISS OF DEATH). ES ended the day with a lower low. We're headed to retest the lows again.
it seems that w.3 might be completed. We could wait for the pull-back of w.4 around 38.2-50% retracement.
Continuation of last night's chart. Looking very bullish as Wave 4 on a bear trend is the ultimate dead cat bounce.
using rules from forex-indicators.net wave 4 and 5 have a range since they are not so clear yet. Crazy how waves 2 and 3 are on point with those fib levels.
Do not short yet,wait for confirmation and be aware that this is not a long-term shorting opportunity,it won't last much
Buongiorno a tutti, sto studiando da un po la teoria delle onde di elliot. Pubblico questa idea per scopo puramente formativo a livello personale e professionale. Provo, gradirei che gli esperti mi dessero lezioni!
Hi traders, Keep your eyes on lower time frame to see which direction will appear. From the spot where it is right now you cannot do anything, simply just wait and watch the price will tell you if we are going one more up or we will drop now.