Good morning traders, please see my previous analysis of the wyckoff accumulation (linked to this idea at the bottom). I have now cleaned up my chart as it was starting to get a little bit too busy. I have measured the fibonacci extension levels and drawn these on but removed the extensions tool and added in my predictions for price movements. I am expecting...
LTC broke down from the macro upward channel (= bearish). The complex correction could send us to $25 (triple bottom after a double top) or $13 (green path). The expanded flat could send us to $6 (red path). In all cases, an extended 5th could be cooking at the submicro degree. A double top can be disastrous for prices. Please like and share if you appreciate...
Following on from my previous ideas, the wyckoff accumulation has entered the final phase. As shown on the chart I have indicated my predictions of the next movements using elliot waves (including 3 different degrees of waves). The primary wave 1 (Red numbers) I am expecting to finish at around 27500-28000. This will then have a correction to around the previous...
in short term we expect such behavior from ATN but after that we can have complex correction or 50% price reduction check out our next chart to see long term scenario
please validate this pattern. BEARS in control for the next coming years..
My technical analysis for AMC and why I am bullish on the stock Strong support zone between the 15.70$ to 16.10$ area. Since Jun/22/22, we have been on an up-trend. (Creating higher highs / higher lows) Waiting for confirmation pullback to support zone Once the support zone is hit, the next target zone will be the 18.30$ to 19$ area.
Amazon ($AMZN) has gone through hard times as this 2022 crash has given a volatility issue in many stocks, especially tech. Trillions of dollars have been wiped out, but there was a sort of pattern between these stocks like ($AMZN). I discovered these patterns months ago, but I have decided to teach my knowledge. This has long-term issues since it's in the Day...
British Pound / U.S Dollar din time Frame - H3 According to pattern in STF it has breakout and completed the retest Buy if look according to LTF IT REJECTED from the UTL we need to wait until it breaks the Lower AREA OR upper AREA
Market currently in a Corrective Pattern. Completed its B corrective wave according to Elliot Waves Theory Patterns in STF in favour of Sell Indicator Such as RSI ( Divergence) We need to be sure about this trade after it completes its 5th wave in STF and make strong Bearish Price Action
Good morning traders... Just a quick n update on my previous posts about the wyckoff accumulation... the price appears to be finding support around the previous resistance levels I suggested. Whilst most people will be looking at this as an abcde bear flag pattern which has been completed, I am taking a different view still. I have drawn on the trend lines for...
The price target follows X or B waves. Fibo marked price range is very important for price.
Hi guys! 👋🏻 🔔 Saudi Arabia refused to increase oil production requested by President Biden. However the strong US Dollar and uncertainties in Chinese economy hold Crude oil prices from a stronger hike. Market will be watching the relaunch of Nord Stream 1 this Thursday which will have a massive impact on DXY, energy sector commodities. 🔔 As for the technical...
corrective wave EURUSD. keep watching to find some best sell zone
USDINR is going to be a history at this current price where it is standing. People (traders and investors) are going to remember this price 81 for a very long time. I am an Elliottician and I will upload the counts of this chart. Right now, all I can say is that this chart is going to make a big reversal. The psychology of money is telling that something big is...
Nice bounce will be watching how it develops. The initial move up looks corrective to me, but in any case, a Zigzag and double Zigzags have similar most likely targets, so I will be looking in the same area regardless. Some nice confluence in that area. If helpful, please like and follow! Cheers.
Ready for long entry: Price action and chart pattern long entry trading setup > Elliott Wave double ZZ combination correction WXY with EMA200 as key dynamic resistance for major B-wave and EMA50 as key resistance for minor 2-wave and 4-wave > Downtrend channel sideway breakout - possible sideway continuation > Long entry @ EMA50 breakout > TP @ EMA200 for medium...
Gold can be going for a bear market monthly close under 1650 will active this.
The price action suggest that the correctional movement getting to be finished. A breakdown can generate easily the next selling wave.