Interesting EW setup here fro CrowdStrike. Looking for continuation higher into wave 3 as we have just reached equality of wave (c) vs. (a). If I am correct we shall see an acceleration to the upside soon.
I am looking at the possibility of a potential flat in wave 2 as we keep falling in what could be a wave {c}. Equality of wave {c} vs.{a} is where I would like to start seeing some support and that would be at the beginning of the golden box. Feel free to ask question, trade safe!
Bitcoin still going correctively and we may see further move to the downside to complete the Y wave. Triangle pattern for the X wave if the 26435.81 remains intact. Breaking near-term key level 25385.52 probably will start the move for Y wave. Possible targets for the Y wave remains 0.5 fib retracement where we have 0.618 X vs Y or 0.618 fib retracement where we...
Hello Everyone, Bitcoin is completing 4th wave & getting ready for 5th wave. Target is 35000 level. Note: we have shared this info for education purpose only, not a recommendation, we are not responsible for your profits or losses, always trade with your own risk. We have the right to be wrong.
Bitcoin could enter a strong 3rd wave down soon which would likely send the price down to as low as 20700. Due to the formation of the 5 clear waves in orange, the next major move looks like it will be a steep drop down. A good entry on the short is at the Entry prices shown below. The volume profile on the left hand side shows a significant amount of volume at...
I guess the explanation is in the chart. Much confluence all around which makes me think we could finally resume higher. Questions are welcome, trade safe!
If the correction WXY (black bubbles) is over than we may start to push higher. We may have an wave 1 started from 25364.8 and ended at 27394.4 to start an impulse to the upside. Price bounced on 0.618 fib retracement of this wave 1 and probably completed wave 2 at 23119.5. If this count is correct we may see for move to the upside if the price break above 26968.0...
Price on Bitcoin still into a down trend (red channel) that may be a corrective pattern, complex correction WXY(black count). As I mentioned in the previous count (see the related idea) we started to go to the downside after price was rejected into the 0.5 (28430) fib retracement of the X wave. The correction may end at the 0.5 (23255) fib retracement of the all...
Elliott Wave is high subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers
Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers
I have to admit, most, if not all, Elliott Wavers were shot in the head this year with the rising market. Personally, I was caught off guard by the strong upmove too. For any EW and macro speculator, the upmove in 2023 don't make sense. It is irrational. In fact, it could be irrational exuberance again. But as time passes, the truth starts to unfold: the market...
Equinor is showing clear signs of Elliott Wave structure from it's ATH. Tracking this as wave 4 still in progress, and will be looking for a correction of this downtrend upon completion of the fifth wave. All in all, a simple roadmap on what to expect for the rest of the year.
Bitcoin going up with an impulse? Probably as we have 4th waves (red count) now but is this impulse something to build more upside move or we have the end of an extended flat correction(blue count)?! I am expecting price to reach 29000 zone with the 5th wave and than probably will do a correction. If the price will keep 27500 level (red line) from there it must...
Here's my view on Nasdaq Futures on Daily Timeframe. Elliott Wave is high subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers
Bitcoin may go upside to retest 30000 USD price level with an X wave being an extended flat correction (abc blue count). The volume on daily time frame remains weak and with the price below 300000 k level those things may turn the price down for an Y wave(black bubbles count). I am watching fib retracement levels of the first WXY (blue count) and 0.764 may be a...
The current trend is the resumption of down trend from 18887 on dec 1, 2022. This trend will continue till it reaches .236 levels (16210) of retracement ( from 7511-18887). Moreover this ongoing downtrend will be steep, consuming almost lesser time frames before the new uptrend emerges. References: 1. wiz - leadbrains blog
This is my plan for Monday. IMHO xauusd will bounch at 0.618 level and go down again to level a and c leg. And then I'm expecting the big correction ended, and it will go back to the main uptrend. Let's see what the market will perform in this early weekday. Please CMIIW. Please share your thoughts. Thank you...
This is a 15-Minutes Timeframe, in my perspective, Dow Jones currently forming a Barrier Triangle. Elliott Wave is high subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers