price decreased in a 5 wave motion. We are now in a flat with strong B wave(cause it exceeded 1.382 FiboExpansionwaveA ). Wave c can not retrace 100% of wave b in such a correction. There are two possibilities, its either a running or irregullar failure. Price will probably continue falling down after wave c of flat.
VTGN Tell me about my Elliot wave.
This is an update to my previous post regarding a leg down in BTC . I've refined my wave count to the most probable scenario beingBTCUSD to $9,100 which will wrap up this 2nd Wave. If nearly-symmetrical to wave 'a', we should see a 'c' wave from current prices down to roughly $9,100. There is just WAY too much bullishness in the news right now. Way too...
Eth loves the .786 extension, might see a push to retest $400 #ETH #MasterClass #BlockchainTrading
I think there's a bit more upside into Weekly Supply areas personally. Here's how it might play out using Elliot and Supply and demand forecasts.
down from 17.3 towards 16/ 15.4 and then look for reversals to ultimate targets 21/ 23
Hi Traders hope everyone is well, Just thought id share my own thoughts on GBPUSD. I really like the REPLAY TOOL tradingview has i practice all the time (These are my own thoughts trade at own risk)
Hello. I am back after my summer vacation. A sell at the breakout would be a great trade.
Good morning, traders. It looks like Bitcoin may be completing the recent corrective move now as it finds support around the bottom of the blue TR/4H pivot/equilibrium of the black TR as I mentioned the past few days during our morning live stream that I was watching for it to do. This is also the 61.8% retracement of that move up from 10/31. These two movements...
Watch for the correction to come to an end on the smaller time frames. Look for an impulsive wave to the upside follwed by an correction to get long on the Buy Set up.
I believe price have completed an Flat correction now watch for an impulse to the downside then a correction to get Short.
www.tradingview.com This is extremely long term, keep that in mind! Why do I even do this? I think it is very important to see the forest for the trees to be aware of where a market is at in its cycle! Is this forecast crazy? I don't think so. It makes a lot of sense to me and that is why I am sharing it with you! If this was helpful to you, you can like this...