Hi traders, Last week Bitcoin did exactly what I said in my outlook. It finished the correction down and went up again. Now we could see the next impulsive wave up to finish wave 5. Let's see what the market does and react. Trade idea: Look for buys after the finish of a small correction down and a change in orderflow to bullish on a lower timeframe. If you...
Hi traders, Last week XAUUSD did exactly what I've said in my outlook. But instead of correcting lower price dropped into a FVG made after the weekly open and went up again. Next week we could see a correction down and more upside for this pair. Let's see what price does and react. Trade idea: wait for a correction down and a change in orderflow to bullish on...
Hi traders, Last week SPX500USD made the start of the (corrective) downmove just like I've said in my outlook. Now we should see another downmove to stay bearish. Trade idea: Let's see if the next downmove is impulsive or corrective. If it's impulsive you could trade sells after a small correction up on a lower timeframe. If you want to learn more about wave...
Hi traders, Last week EU dropped into the lower 4H FVG and shoot up from there into the weekly FVG. For next week we could see another drop to break the swing low. Trade idea: Trade sells after a correction and a change in orderflow to bearish on a lower timeframe. If you want to see more from my ICT/ wave analysis, please make sure to follow me, give a like...
Outlook for DJI on 1M chart. We are probably in sub-wave (c) of wave A. I think the sub-waves of wave A might form an expanded flat or Running flat. If this scenario is correct, It will probably crash. Last time my idea. ■Feb 10, 2024. middle-term analysis.
Here is the market outlook on Gold sport for next week. It is a clear projection of what is possibly going to happen on gold from tomorrow. ANALYSIS: In monthly timeframe price has kept on holding with the bullish momentum since the beginning of March. With such stronger bullish momentum in March and April candlesticks it may suggest that, price I'm in formation...
This TFW wave analysis in this scenario of a 5 wave expanding diagonal structure: w.1 - completed Dec 2017 w.2 - declined @ 78.6% of w.1 w.3 - an impulse 5 wave @ extension 361.8% of w.1. w.4 - also @ 78.6% of w.3 ABC structure (alt count 1-2-3-4-5) overlapped w.1 zone by 10%+/-. w.5 - currently preferable ABC or 123 structure with a complex w.B/2 wave correction...
When the yellow squiggly line starts to smooth, that's a sign the price is about to trend over the top of the peak and carry over the over the other side. No sign of any prices crossing over moving average lines yet.
Hey everyone!! Here I talk about USDCHF and give a little update on my Trade Idea "Last Leg To The Finish Line" Since it went over so well and continuing to follow suit, I wanted to do a Video Update on the idea to give a little insight on what I was seeing as the pair unfolded for the year and what I'm looking for in the near future!! Please let me know what...
I just watched "Dumb Money" and I thought to look at Robinhood's chart. What I found tells me that Robinhood will probably not see above $20.55 for a long time to come. Avoid this stock.
Everything is going according to plan, we are in the fourth Elliott wave. I believe the market will provide entry points as the overall picture in the cryptocurrency market is overheated.
My primary bear count has ETHUSD in primary wave 2, forming a regular flat. Wave A of II was a zigzag, wave B was a regular flat, and wave C should be an impulse, with wave (1) of C already complete. Looking for wave (2) of C to be a WXY, completing in the 3650-3850 area.
D Update My primary count considers we are in an ending diagonal (blue 1-5) to wrap up black wave 5. There is strong trendline support with is currently being tested (gray zone). This count is valid as long as we stay above 0.4606.
Hello Traders, The NIFTY50 made a new ATH as predicted! This was in line with my expectations! It rose to the upper border of the blue trend channel and spiked into the black channel, but failed to close. As a result of this behavior, a "hammer candlestick" was left at the top of the chart! A "bad" indication? Well, let's take a closer look . Of course, for more...
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I've drawn the potential Elliott Wave structure here. And now I have a short bias based on that. Now there are 2 possible entry points in NVDA: a potential right shoulder formation that will give us a limit short price, and a break down stop order price.
This is a long-term short idea. Perhaps the best way to execute this trade is via short call option above $430.
This analysis is based on the expectation that AMZN's last wave is an ending diagonal. This analysis will not invalidated if price moved above 187.24 because currently wave 3 is the shorter than wave 1 and thus wave 5 cannot be longer than wave 3 (see green Fibonacci).