IF retrace is given, take it. Might wanna stop buy this one We had a sharp wave 2 , will we see a sideways triang or flat? After the completion of (5) we might look for a short oportunity. Send it. If its clean
Absolute beast of a ripper on RUNE. Putting a possibility of attacking that 3.618 algo. Bear in mind that we might have not yet completed that wave 3. Honestly i woulndt play with fire and long this one now. Great chances that we take some time to form wave 4 right now as well just like on LINK.
Currently, we're navigating through black wave 4 correction in my primary count. This wave is occurring in a flat correction pattern, indicating that a downturn for blue wave C could com soon. Expect the extent of blue wave B to be constrained within the yellow zone. Upon the conclusion of black wave 4, I'll be looking for opportunities for long trades.
Bitcoin's dominance seems to have completed an impulse and naturally it should enter a period of correction and take time. Modification can be in the form of any pattern.
ETC is breaking the previous downtrend line and it has reversed from the golden pocket of previous bull market.
#MATIC Textbook Wyckoff Accumulation Schematics, with ideal volume profiles, showing the standard "Sign of Strength" (SOS) Flag while absorbing all the fear sales into one "Last Point of Supply" (LPS) before go time. Hope this helps...
On the higher timeframe, we appear to be in an ending diagonal. We caught both waves 2 and waves 3 at the very start, resulting in MASSIVE gains both short and long. We are now in the mid section of wave 4. We could go on to create a complex ABC wave for subwave B before moving lower so keep that in mind if trading. Trade Idea: - Watch for lower timeframe...
Sorry, a more nuanced and enhanced picture on the lower timeframes. I am getting more convinced that the diagonal will expand. The grey case is a probability, although I cannot count a clear wxy in wave [1 ].
Though my base case scenario is a contracting diagonal, I am also considering more extreme options to stay open-minded. Technically it would be the same.
The oil is less clear in the short term than it is in the long term. I believe a diagonal is forming, but it could be expanding or contracting. Better tactics is perhaps to stay long until it is clear which one it is. Not advice, of course.
Ride the wave up Short extension leg A-B-C leg Ascending scallop pattern
After months of tracking Oil's decline, I was finally able to put the puzzle together. I rearranged the count so that it now makes much more sense. It does not alter the overall analysis, but rather strengthens it because the count is more simple and natural. Wave A of (W) absorbed all wxy zigzags into leading diagonal and wave (W) has grown in size. Wave X...
Merry Christmas, here is my projection for us30 to make correction using Elliot wave theory.
This time, I've chosen to utilize the Elliott Wave indicator to foresee the future movements on the BTC/USDT chart. My previous prediction, employing the CryptoTrace indicator, achieved perfection, as I demonstrated. To view the published idea, you can visit my profile. When BTC exhibits perfection in the Fibonacci extension, indicating adherence to the...
Finnifty Bearish View. the market has completed the 5 wave move and we can expect the market to decline from here. SL for the short position can be the 5-wave high. Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading NSE:FINNIFTY1! NSE:FINNIFTY1! NSE:CNXFINANCE
Whether it marks a local top or the end of a 1-year-long uptrend, there's a growing sentiment that Bitcoin is due for a reversal soon. I've attempted to use channels, harmonic patterns, and Elliott Wave theory in this analysis. Just to let you know, I haven't ruled out the possibility of BTC setting new lows, which means that this rise could be a corrective wave...
1Y frame: We observe a sideways movement, indicative of a consolidating market. We've identified that waves A and B have completed, and currently, we are navigating through wave C. 6M Frame: the current correction wave C will taking the form of a WXY pattern. We are presently in the middle of wave W 3M Frame in this Idea we will go deeper to analysis...