This index could not demonstrate any strength while the major ones almost fully recovered. I'll admit I got stuck in quite a few small cap positions and they don't seem to face a great coming half a year. After that I am expecting a huge rally.
Need to see if the recent high can be exceeded to invalidate a close to 1:1 proportion move up from the lows. I am wary of a bad half a year coming.
Hi traders, I'm back from holiday and ready to smash the markets. Let's go! Bitcoin is still in a corrective phase down. Last week it went up and down very impulsive. So I think the downmove is the start of the yellow Y-leg. So it's possible that we see a correction up and after that a drop into the discount of the HTF swing leg. Let's see what the market...
Hi traders, I'm back from holiday and ready to smash the markets. So here we go! XAUUSD is still in a bigger correction (black A-B-C). Last week gold went further up. So for next week we could see maybe a small correction down and after that up again to finish wave c (blue). Let's see what price does and react. If you want to learn more about trading with...
Hi traders, I'm back from holiday and ready to smash the markets. So let's go! Last week SPX500USD went up very impulsive. I think this was the c-wave of a zigzag correction. So next week we could see more upside and after that a drop. Let's see what price does after taking the liquidity under the lows and react. If you want to learn more about trading with...
Hi traders, I'm back from holiday and ready to smash the markets. So here's my weekly outlook. Last week EURUSD went up and down impulsive. So that could be the X- and Y-leg of the red Y-leg. In that case next week we could see a downmove to fill the imbalance and sweep liquidity under the previous swing low and after that it could go up for wave 3 (black). Or...
WTI is rallying hard with no divergence on RSI, which probably means the trend will carry on for some time. I plotted a couple of possibilities for how to interpret the count. To me, both of them are equal in terms of probability.
Hello friends In the major period and in the weekly time frame, if we accept that at the price of $69,000, the 5-wave bullish Bitcoin has ended, we can imagine that we are still taking corrective steps. Also, by hitting the supply area of 30-33 thousand dollars, we saw the breaking of the Rising Wedge pattern, which makes the above analysis more likely to be...
What are the odds that this pair will buy till those ones shown.s i see it has completed the ABC wave. it is now on the fourth wave that will buy till the level shown and beyond. it can give us 200 pips and above. it has also come to our level of 0.236 fibonacci level.
I'm not sure but one of possibilities for UNFIUSDT chart has been shown, and according to this wave counting, a huge downward wave is coming!
In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up. However, there is a potential trap in which we might see way more downside as the wave II correction can still be ongoing.
BITSTAMP:ETHUSD breaks the global trend support. The breakout is not false. Local support at 1631 is forming on the chart. After a small correction there are prerequisites for further decline. A wedge is formed on the global timeframe, the price bounces off the resistance and in the format of correction is heading towards the range support. Before the global...
Hello Traders, Note : Next week will be no update. I`ll be back on September 16-17! NIFTY50 is trading below my cited target range @ 19584, but above Friday's low @ 19229. So, my targets to the upside, published at the latest analysis, are still valid. Furthermore, N50 is advancing within a "wedge". No matter which pattern is developing within the wedge, a break...
In the higher timeframe, investors should wait for the pullback to buy again.
Here's a clean and simple setup. Elliot Impulsive Pattern. Bearish Candle Down Trend So I expect to see the market dropping until it reaches our support in my falling channel. 👌
In the higher timeframe, investors should wait for the next pullback to buy again. We are approaching the first relevant areas.
In the higher timeframe, the higher level wave ((1)) is probably finished. There is also an alternative scenario where we can make one more high to finish wave ((1)). This wave ((1)) should be followed by a wave ((2)) to the downside which is an interesting buying opportunity for investors.
Expecting a bearish structures in XAUUSD for now. Im selling in 1951.3 with 150pips sl and planning to sell again tomorrow with another 150pips sl My position currently is risk free since i already put a stoploss in my entry point. Hope it helps!