Great R/R on this entry I like the potential for a typical "flat correction" here on a larger fractal wave, which i have labelled WXY and its subwaves all good enough to expect a completed 5 wave move (impulse) lower here, highlighted by the pink wave count.
This idea is showing a more standard full retracement ABC corrective wave. If you check my other buy ideas for Bitcoin you can see the system I created using EW for its foundation and a fractal growth for counting the waves in a specific manner. The fractal shift completes the bigger waves correction without actually pulling all the way back as you would...
I think all magnitude is worked out. Hate to call it, but, it is time. See you all on the moon.
I think this would be the max Bitcoin could drop right now without essentially becoming worthless or non-existent. We should be long here, the question is when and how...this would be the most extended targets for a fairly textbook EW ABC correction, clear into the 1.618 extension
Atomera, which has been in a downtrend since February 2021, may go to a price range of 2.86-3.69 with the Elliot WXYXZ correction if there are no significant progress in 2024. My guess is that we can see these prices in the first half of 2024.
The huge gap up post-earnings on Friday is near the finals of the rally from Jan 2023 in the weekly chart. A closer look at the 4-hour chart with the help of stochastic and RSI shows that one more high is needed early next week (Apr 29 - May 3) to establish a medium-term top before a sizeable drop will begin. I believe the earnings gap will be filled in the...
Tesla Long story short !!! we may see small pull back before the last wave is formed
Wave 1 of 5 is finished as Leading Diagonal. Now wave 2 is ongoing. Upon break of top of wave 1 I'm going long. SL is 2305 TP is 2399
I find the position of Bonds very precarious going into this week. I've heard it said that Bonds are are in total "hands off" mode or "anything but bonds" is said right now. Nobody wants them... and if they fall fast it could literally cause a "Bond Crisis." So this is going to be an important watch. In the shortest time frame I see a potential Leading...
If you find this information inspiring/helpful, please consider a boost and follow! Watching these paths if we continue down and break 3071 impulsively.
De nora is placed on fifth wave we can see 1900/2300 and 2900 levels in this counter keep stop loss of 1400 on day close basis
What Is the Cypher Chart Pattern? The Cypher is a type of harmonic pattern used by traders to identify potential buying and selling opportunities in the markets. Specifically, it’s used to help find areas where a reversal may occur. The pattern is made up of five swing points (X, A, B, C, D) and four legs (XA, AB, BC, CD). It’s characterised by an “M” shape when...
Expecting a five wave move. the stock can move towards 3770. then may pause and test 3250-3350 zone, and then the last wave can take to 4037-4450 levels All this is expected before March'24. so lets watch it closely
This is the main case currently. Wave C has finished with truncated wave 5. Currently at the final stage of wave 1 of 5. Bullish bias but no clear trade entry yet. Any longs has to have SL: 2305
TSLA is not out of the woods yet. The weekly chart shows that the RSI of the Jan 2023 low needs to be taken out with one more low to complete the large WXY structure... at least down to the 110 (?) area. The strong bounce over the past couple of days is a relief bounce to correct the Dec 2023 down cycle. The bounce may reach 0.5 retracement of that cycle,...
📉Hi Traders, Investors and Speculators of Charts📈 Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal: Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The broader context suggests that gold has likely completed the iv-blue wave, and the v-blue wave is now unfolding to continue pushing higher. The short-term outlook describes in detail the iv-blue wave, which unfolded in the form of a Flat correction and appears to have concluded. Now is the time for...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfolding to push prices higher. We are closely monitoring NAB, and...