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...
From my opinion and my analysis, I think now bitcoin is in the corrective wave of wave 2 in term of strong B and I think bitcoin is going to make Irregular Failure Flat or Running Flat for make the 3rd very extionsion wave. WHY I think it would be Irregular Failure Flat or Running Flat, from CCI indicator it happened Hidden Bullish Divergence so it mean the wave...
The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
This scenario assumes that wave C primary degree not yet finished and we're just starting wave 5 of C. This is my main scenario and I'm holding shorts with SL: 2348 and TP: 2280.
This scenario assumes wave C primary degree have finished and we're going higher for wave 5 primary degree.
If you read the original T.V. Minute, "Mid-Term outlook," referenced below, you know we have stuck to the path, UNTIL recently, where we seem to be caught in a correction that just will not end. I am counting this correction as the Minute ((ii)), and you can see the count highlighted in the chart. My thought is that we have simply not had a single clear 5-wave...
Showing what should be a clear 5 wave move coming in to the downside here. (pink pen) The yellow pen is what would be expected if we get a slightly higher retracement or if the market is going up now long term. I think we can all agree Its good to manage risk properly and have clear ideas on both sides of the market you're trading (buy and sell) and not have a...
Wave 2 of 5 to the downside is complete. Price has broken below corrective channel. Signal bar is an hourly doji and the breakout below the bar gives me the entry to the downside. SL is 2348 TP is 2280 TP may not be reached, I'll be monitoring development of the trade and close accordingly. At around 2280, I'm planning to go long.