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).
I have been looking at this for 6-8 months, trading it lightly, and there have been too many visual issues with the pattern to feel very confident most of the time. However, I believe I am beginning to see the Ending Diagonal form where I have been so eagerly seeking a standard impulse. By my count, we are coming to the end of a super cycle, so an ED makes...
Apple is nearing our target zone, showing the weakness we wanted to see. Today, we've observed a 3% drop. We expect a few more percentage points to fall before reaching the target zone for Wave 2, which is between 50 and 78.6 percent. Looking at our 2-hour chart, we're now seeing the 5-wave structure we anticipated. This entire scenario would likely be incorrect...
We're trying something with Roche here, where we think that we are currently in Wave (5), having recently completed Wave (4). This assessment is better visualized on the daily chart. Hence, we should maintain the 61.8% level for this Wave 4. Anything below would statistically be too low, while above, we aim at least to revisit the old high, up to an Wave 5...
It is starting to look like we are in an impulse wave pattern, which means that we are likely to continue this strong price movement for quite a while.
Lido DAO (LDOUSD): BINANCE:LDOUSD For Lido DAO, we're taking 25% out now, locking in profits 💰 , as we believe we've encountered the peak of Wave (i) and are currently entering Wave (ii). We aim to catch the bottom as we did with the overarching Wave ((ii)) previously. Therefore, we're setting a new entry at the 50% level at $2.8146 with a stop loss just below...
Gilead Sciences (GILD): NASDAQ:GILD We're aiming to diversify our portfolio beyond just tech stocks and the tech sector. We're now focusing on companies in the pharmaceutical industry, such as Gilead Sciences. Analyzing the weekly chart, we observed the largest surge since 2010 for Wave (3). We believe we've also completed Wave (4) at $56.56. The peak was at...
Hello friends I am analyzing AUD NZD currency pairs! I mention the ending triangle pattern which is very common in wave 5. I am analyzing and will share it with you if the count is correct. But in case of failure of the drawn upward channel, you can enter the SELL and the set targets will be touched most likely. Sometimes you have to trust your patterns and...
Due to the significant rise in gold prices, our primary scenario for Wheaton Precious Metals has been invalidated, and we've recharted the entire course for you. We now believe what we're witnessing could be a potential Wave 5 of Wave (3), meaning we're in the overarching Wave (3). This wave should reach at least 88 Canadian dollars, stretching potentially above...
Hello friends In the currency pair AUD CAD we see the formation of a 5-wave pattern. Waves 1, 2, 3 and 4 have been completed. Wave 5 is also from 5 micro waves will be formed, whose waves 1, 2 and 3 are clearly formed. Therefore, we are waiting for the completion of wave 4 and then the start of wave 5 of 5. This correction in the dominant wave 4 of 5 can last up...
Hello friends In the Bitcoin digital currency, we see a complete 5 microwave and then an ascending triangle pattern. These patterns have happened very precisely. 5 microwaves before the triangle, probably the 3rd ascending wave that has been completed. Therefore, the triangle can appear in the ascendant wave 4, which is very frequent. Therefore, we will expect the...
The only way i can decipher this motive wave development to give us a retrace and entry of a lifetime. You do know XRP will melt faces. You cant catch it because its a 3 wave unpredictable monster. Here is our potential chance if the count is good and we arent actually watching a vertical accumulation. *Advanced ElliottWave rules. Leading diagonals can be...