LIT has just rebounded off of the EMAs, accompanied by the stochastic resetting, providing a clear signal of a bottom formation and confirming the initiation of the next bullish wave. Keep a close eye on the .74 price level, as this is where the majority of trading volume is concentrated. Once we break this zone, my target is the 1.618 fibonacci level which almost...
NASDAQ:RIVN Daily printed shooting star on high volume after rejecting weekly supply zone. Also rejected high volume node. Massive volume gap below. Expecting a huge sell off as long as stays below 28 level targeting 16/15 support zone.
Current assumption is that Minute waves A and B are complete and the final Minute wave C should bring the market up early this week to complete Minor wave 4. The high for the week should occur prior the close on Tuesday. This analysis will point out the levels and locations to monitor for this event. An early peek of Intermediate wave 3’s final projection is also...
Zigzag off low of 4277; if this bottom is going to hold, will likely need a leading diagonal. First step is for price to get above 4337.75.
As you can see, the price has reached the ceiling of the ascending channel and also completed its five ascending waves, and now it is time for the ABC correction wave to begin. Also, the negative divergence in the MACD makes this signal stronger. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
5 th wave 0.5 - 0.6 fib lvl retest 0.01465- 0.01408 lvl And continue pump major 3wave
I'm quite excited to see silver reach $28! I'm eyeing an area of interest around $21 for accumulation. i'm planning on taking positions thru the leveraged ETF: AGQ
To all da holders and Apes or moon Boys. You're in a B wave triangle currently working on E wave. Good luck to all.
Current bullish movement possible is the correction Elliot's wave 4 to the previous fall from 30300$ to 24800$. The correction wave 4 could be either long in time or sharp and deep. Here deep variant is represented. According to this version the price can not be higher than the highest point of correction wave 2, and also the level 23.6 fib is close (29000$). So...
UDUSD Trading Analysis: Exploring Key Patterns Greetings, everyone! Today, we're going to delve into a comprehensive trading analysis for AUDUSD. In this post, we'll explore various essential patterns accessible on the Tradingview platform. Our analysis will encompass the following technical tools: Elliott Waves, Harmonic Patterns, Fibonacci Retracement and...
Price still in correction wave...look for sell setup to ride down wave movement...bias towards to the downside...
Expected price is in the final wave 5...wait price to break and traded below uptrend trendline (blue: rising wedges) as a confirmation for next down wave movement...
Expect price in the final wave correction (wave c)...price might be ready to unfold next down wave movement...previous high (1.36953) is the invalidation level...bias more to the downside...
Expect price is in the up wave structure...bias more to the upside..wait for the correction finished to ride next up wave movement...
Wait price to trade above downtrend trendline (blue)...or break and retest the resistance to confirm next up wave movement...for now bias more to the upside as long as previous low (0.63320) does not break
Price might be unfold next up wave movement...wait for blue trendline break as signal for uptrend movement, then wait correction finish to ride up wave movement...
Price ready to create next rally wave movement due to 5 wave (drop) has been completed...View for now bias to long...for now wait for correction complete to ride up wave movement...
Gold daily timeframe technical analysis Elliott wave theory + fibonacci retracement + fibonacci extentions Correction wave running...