As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
Beautiful Elliot wave structure as shown. Correction should be complete soon but need to wait until overall market turns around. Will continue to monitor and may present great opportunity in the near future.
As expected, the bitcoin miners are correcting along with bitcoin itself. Although we are getting close to the 61.8 for a normal wave 2, I would recommend being careful as crypto tends to correct a little deeper and should be no surprise to see the 78.6. Remain patient and it will pay off later down the road.
Although we love the company, we expect correction to continue. As shown, we expect at least the 61.8 will be hit before we turn positive for future success. Although at times we cannot identify exactly why it would get that low, but it normally does. Recommend being patient and ride the waves.
As expected, the bitcoin miners are correcting along with bitcoin itself. Although we are getting close to the 61.8 for a normal wave 2, I would recommend being careful as crypto tends to correct a little deeper and should be no surprise to see the 78.6. Remain patient and it will pay off later down the road.
As shown with XLE, expect rollover to continue. Energy sector cooling off and will present amazing opportunity in the near future. Patience will be key. Will monitor and continue to publish updates as required.
The United Kingdom's employment data for the three months leading up to April revealed a higher Unemployment Rate of 3.8% than anticipated (3.6%). The results depressed the pound prior to Thursday's Bank of England (BoE) meeting. This follows the monthly GDP figure released on Monday, which revealed an unexpected drop in April and aroused concerns about the health...
#Nifty is folding exactly what we discussed in our previous analysis attached below. Our organisation Traders Mantra predicted that Nifty should breach the last low of 15671 on the daily timeframe. The idea behind the analysis was that the move to the upside from 15671 to 18114 Nifty was purely corrective. It was not an impulse. Now, what's ahead? The...
#Bitcoin as per #Elliottwave analysis is ready for 200% upside move. Bitcoin has completed its complex correction where W is equal to Y. As per Elliot wave analysis, Bitcoin has completed its 4th wave correction. The last leg 5th wave is pending. The upcoming move should be a minimum 200%. Let's see what Bitcoin will bring with it. Happy Trading!
As expected, Wave 2 pullback has hit the 61.8. As a reminder, wave 2's can retrace 100% of wave 1. This is not the expectation, but we are sitting on the 61.8 as expected.
Hi We are in fifth wave of c wave of ABC correction. In Elliott wave analysis, we see 22k in BTC in next week. Have good trade.
NZD has gained in recent months from the market's improved risk outlook on global vaccine confidence. The NZD's recovery is being aided by China's stronger-than-expected trade figures. According to recent figures, May's imports and exports were likely positive. A rise in commodity prices benefits the currencies of commodity-producing countries. According to...
A look at what could possibly lie ahead if macro economic conditions continue unfavorably and we ultimately head into a multi year recession/depression; using Elliot wave theory / an Elliot wave correction model.
Deep correction still occurring as shown. Would expect a turn around based on current levels. Keeping on watchlist based on current correction and fair market value.
Hello ladies and lads. Hope you are well. According to the elliotWaveStructures that we have in mind, there seems to be an opportunity for us to go long on USDCAD for days. If the price does not fall deeper than our invalidation point (1.24027), we need to consider this possibility. We do not have any entry signal yet, but it is good to have it on your...