My previous forecast on XAUUSD was bearish continuation and looking for Lower Low, this is an alternative for Bull Run, key level on lower timeframe by using Andrew's Pitchfork was 1914 then 1860. Trade safe, Everyone!
I'll make this clear, concise and quick. PURPLE If we retrace to at or above 3969....Purple is confirmed. 3969 would be the 50% retracement of wave 3. Now the impulsive count would not be invalidated but probability wise this is not a wave 4. This would be an ABC. The Purple count will not get to and below 3788. BLACK If price gets to approximately 3930-3945...
I would anticipate our retrace up start today. This retrace will either be a minor wave 4 or a b-wave. If we get above 3972 then it's likely this is a b wave retracement and not a 4th wave in an impulsive wave 1 of c. Incidentally we're now in the target box for purple b. Micro chart below: I think we're extending in wave 3 still. So I anticipate a wave 4...
Just sold a full tranche of 25 puts that expire in 2 days. Strike of 3880 at $4.35 for a total of $5367 in premium. That's almost $16k for January in Premium. #FreeMoneyThankYouSPX Best to all, Chris
We're now getting into the target box for purple b. To me this move down reeks of a c wave. If this is a c wave...we may not get down to my primary target of sub 3788. To get down to sub 3788 we need a 5 wave move. Here's the micro of what I'm referring to. As of right this minute, I have to classify this as a C wave down. However, if tonight or into...
Earlier today I posted ADA looks ready to complete wave 1 up at $.39 level. In what looked like a clear triangle for wave iv of 5 has been invalidated with this move down. Therefore we have several ways to interpret this pattern. First this is still wave 4 and nothing there is invalidated and the $.39 target area for wave 1 is still in play. Second, wave 1 is...
The failure to break out or down has me thinking price may try to push up and make one more high before rolling over. Additionally, the technicals are not registering any major room for price to decline in a big way. This has prompted me to include an alternative purple count on the above chart. This means B already completed and we're now completing only our a...
In what appears to be a clear wave 4 triangle, ADA appears ready to launch 10%-15% higher to complete this initial pattern off the bottom. From there we would expect a wave 2 retracement. I'll say this in advance as to not give any of my followers the improper expectations. Wave 2's are far more unpredictable than any other corrective patterns. That is because...
As an observer I would use word to describe the market over the last 2 weeks...Undecided. Much of what I track is coming into topping regions. It only stands to reason that the market will let loose soon and confirm my suspicions of lower before higher. From an Elliott Wave perspective I want to point out 2 patterns that should give those in the immediate...
This is my personal view using the traditional Elliotwave (TEW) for ETHUSD #TEWave \\ If you agree or disagree with me Leave a comment and tell me your opinion \\ if it work boost it make others know (attention) This is not a trading recommendation I just do my hobby.. If you buy or sell based on what is posted here That's your responsibility .
Audjpy in the 4 th wave structure , abc correction , a cute impluse ride is going to begin towards the downside :) let's see how it plays out
Expecting price to correct upwards between $13.73 and $16.49 in minor C followed by intermediate (C) in ((2)) to between the 61.8% or the 85.4% trend based fib extension. Invalid below 0.5525 cents.
We still lack one more leg down before fufilling larger scale wxy on Elliott wave. Good entry for short here. On the smaller fractal of WXY we're just missing that X leg.
This is the bullish scenario for TQQQ i think we will hit the support at A but a reversal www.tradingview.com could take place at that point
Don't miss the next wave , it will be more effective i am expecting gold towards 1700 in upcoming days/ weeks , the ride of c wave :)
Looking for this setup on gold , let's see how it plays out
Something like this loading in my mind on gold ! dump is incoming , ! let's see how it plays out !!
Audusd looking for a deeper sell in upcoming days !! dxy to the moon :)