S&P500 is trading in a bearish trend. We decided to open a short position on the index today when the market tested a strong horizontal resistance. Our entry - 4070 Stop loss - 4113 Target - 3982 Good luck! Please, support us with like and comment
According to the bears, price will go straight down forever. According to the bulls, price will go straight up forever. The bulls taste nice. The bears taste nice. We are the wolves. Let us feast.
bitcorn is a mystery these last few days. stonks are flying, while bitcorn sits on the ground observing the stars. she wants to soar, but i'm not sure she can after the recent beatdowns. a bird with broken wings is bitcoin, but even with the broken wings she'll try to fly. --- targeting that 33k region on this move bullish invalidation on this setup at...
i'm feeling pretty bullish on the market right now, so this is a hedge for me. if we are indeed in a wave 4, then this will protect me against any potential downside (if it was to come). 4h hidden bearish divergence + 5 other sell signals flashing up here. --- target would be 3650 for the final fifth, but it's also very likely that the bottom is in. ✌
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in...
Seems like there will be an agreement over the weekend about EU-Russia embargo and Brent will open with a gap on Monday. The question is what is happening with US crude prices. Struggle to fit a similar structure there.
DOT IN down trend i don't have alot to say xd just u see a elliot wave and we in down trend and u can see it's drop to recover the green candles so yeah it's goingt to 5.25 $ BTC GOING LOWER AN STOCK GOING LOWER So yeah we going down hope u enjoy i knoe it's littel explaing but f it
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer
With a 15% volatility move on XAUUSD and a strong demand for the dollar. This is my projected move for XAUUSD. The idea is based on fundamentals on the dollar and how it could possibly affect Gold price movement then volatility and Fibonacci retracements on the weekly timeframe to forecast price targets.
Gosh! Topglove have hit 3 times stop lost from previous 3 ideas.. I just “found” but “not expected”. 4 valid “points” (as remark 1p to 4p in chart)..to keep my long positions.. Maybe..maybe Rm1.35 (again ) will be “bottom “ for many few years ahead..
Gotta be honest... Im personally not this bearish on crypto but its certainly not out of the picture for me! I can count 5 major waves up on the Monthly chart, which would theoretically call for a major correction... now IF this were to happen, I would target the long term channel support near 8500...again emphasis on the IF! They'll call me crazy. Happy...
this is pretty much the plan, from a simplified perspective. --- an ending, or leading diagonal is a 3-3-3-3-3, which is created within a contracting wedge looking thing. each move consists of 3 waves, labeled as an abc. wave 3 cannot be the shortest wave. leading diagonal appears in the beginning ending diagonal appears at the end. which one it is, we won't...
bitcoin has bullish divergence on various oscillators, as well on numerous timeframes. the one shown here is the daily. bullish volume divergence currently in a daily squeeze. --- the move out of this range will be quite large, likely around 7~10k. it can most certainly go in either direction, but that's what stops are for. --- i'm quite bullish on btc...
We are now finally seeing a reversal on stocks into risk-on mode as USD trades lower. China is also looking to stimulate its economy to fight the recent economic issues because of Covid. EURUSD is turning up and looks like there will be more upside coming on hawkish ECB comments. ECB's de Cos just mentioned that the APP will end at the start of Q3, and that hike...
Crude Oil has been very tricky lately and it looks like it is going to continue further down before making a new high. I know it's very near to do so but until we have I am very in favor of the bearish outlook of it. The count begins with an ABC zigzag starting the 25th of April and ending the 17th of May 2022: >Wave A being an impulse ending the 29th of April...
Volatility has considerably increased in S&P500 and remains to be high due to uncertainties in the the US economy, sky-rocketing inflation and geopolitical risks. Is it time to buy the companies with good fundamentals after a sell off and what looks to be a good bounce? Fundamental indicators: US GDP - annualized change is lower than expected with -1.5% ...
As explained in detail in the free weekly outlooks , check it out for the complete picture! H4 Were in X2 before a possible Z down. H1 Were in a B wave looking to buy the C wave up, 1st targeting the 100fib. Good luck and trade safe! Thanks for taking a look and if you like this idea hit the thumbs up to show your appreciation for this free analysis. Thank's...
Based on previous and ongoing analysis of BItcoin, I believe its yet headed for $31.6K at minimum. Previous mid-micro wave pattern was invalidated however, the bigger pattern and upside target remains in tact. Join me in/and the Community for more trade ideas. P.S. Invalidation is only indication if you're aware of how to adjust :)