Looking for continuation higher in the Nasdaq once we reach wave {c} target of equality with wave {a}. Looking for one more leg lower before resuming higher. Feel free to ask question and leave a like if you enjoy the content. Trade safe!
Dear Colleagues, the price is in the area of long positions set. Renewal of the minimum is possible. Be careful! The nearest target is the resistance area, the maximum of wave 3 - 92.57. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The TNote (US 10 year yield) has entered its target area for this up movement from the bottom. Resistance area is between 4.65% to 5%. We are expecting a pullback below 4% for the next months. Then the uptrend should resume towards 7%, possibly higher. A break above 5% would invalidate this view.
Looking for potential further upside into wave {iii} of 3. Invalidation level stands where the horizontal red line is. Looking forward to finding out of the move will develop. Feel free to ask questions and leave a comment. Trade safe!
Palantire is on the way to $30. The current pull back is good opportunity to join in the journey.
Dear Colleagues, I believe that wave 5 is not completed yet, but the price should make a correction to continue. Perhaps the price will reach the area of 50% Fibonacci level 91.50, after which I will consider long positions again. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I think that price is completing wave 5. From here I consider only long positions with the aim to reach at least the resistance area of 1.06340. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, the price has gone further than I thought it would. This means that wave 3 has stretched quite a bit. I expect a correction to the area of 38.2%-50% Fibonacci levels at 1.22774. After that it is possible that wave 5 will update the low. Watch for an update of the idea! Manage your capital correctly and competently! Only enter trades based on...
Dear Colleagues, I assume that the price is in a wave 5 movement. The nearest target is the resistance area at 92.48. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
As we can see the completion of 5 impulse waves retracement around fibo 0.5 to 0.618 is expected for wave b or wave 2.
Dear colleagues, I assume that the price is completing wave 2, so I consider only long positions with the aim to reach at least the resistance area of 1914. The price can update the minimum, but not further than 1884, otherwise the structure of wave 2 is broken. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
-We may see a fall towards fibo 1 or even lower. - More confirmation below the apex of triangle. guidelines of flat. Wave B usually retraces between 100 and 138 percent of wave A. Wave C is usually between 100 and 165 percent as long as wave A. Wave C usually ends beyond the end of wave A.
Dear colleagues, I assume that the price will continue the upward movement. Wave 3 will rise to at least 100% of the Fibonacci extension level of 149.300. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues. Attention! At the moment, the most important thing is to determine when wave 5 will end. Very soon I expect a strong reversal and the beginning of an upward movement. Now I assume that the price will reverse in the range of 61.8% -78.6% Fibonacci extension levels (1.05536 - 1.06259). Carefully follow the forecast update, the reversal can happen at...
Dear colleagues, from now on I consider only long positions. At the moment the price is in the range of 78.6%-100% of the Fibonacci extension level (1.2274-1.23328). It is possible to update the low, then I think only about long positions at least to the resistance area of 1.24213. Manage your capital correctly and competently! Only enter trades based on...
Dear Colleagues, I assume that the price will soon start corrective movement 2, after which I will consider only short positions with the aim to reach the support area 33679.41. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, at the beginning of the week it was not clear which wave it was. At the moment it is obvious that the trend is upward and at the moment wave 2 is completed in the area of 1937, then I expect a correction in wave 3 at least to the area of 50% Fibonacci level 1919.586. Manage your capital correctly and competently! Only enter trades based on...
Dear Colleagues. Attention! At the moment, the most important thing is to determine when wave 5 will end. Very soon I expect a strong reversal and the beginning of an upward movement. Now I assume that the price will reverse in the range of 61.8% -78.6% Fibonacci extension levels (1.23650 - 1.23156). Carefully follow the forecast update, the reversal can happen at...