Very speculative. I would not be awfully surprised to see some kind of fractalling of nested diagonals. That's is because I cannot segregate previous waves into anything different from nested zigzags (ABCs and WXYs).
CAN2 done wave 2. are going to make a impulse 3. wave. I see two possible scenarios here. 1. scenario, it's going to make an extended 3. wave. 2. scenario it's going to make normal 3. wave.
HIGH is showing favorable conditions on the daily timeframe. Dear traders, for those considering buying at the spot price, an entry opportunity can be found here, with a stop loss placed below the $1 level.
Current corrective patterns. Unclear for the moment for the exact elliott wave pattern. Still, im thinking flat is forming. Just as i called it few weeks ago. The only question is... "How deep is your love". Wanna see Green stuff hold, then SEND IT up
If everything i drew completes , we have a confirmation of a major reversal on Nio. Which is normal, since i called this to happen... Stay tuned for updates on Nio. I still think there are higher levels to come.
Following on from our last CADCHF post, which resulted in a full TP of 900pips, we have found another great opportunity. We are currently in wave 4, which appears to be a ABC correction. We are looking to trade the C leg of wave 4. We anticipate that wave B has completed therefore we can use the lows of wave B as invalidation level for our bullish trade. Trade...
I see a pattern. Strong hold is as follows -0.61-0.65 fib retracement -Bottom Diagonal Trendline -0.786 Stop loss under the (4) i dont see it holding if it drops there You have it all for free... Ultimate target 0.9$ Send it.
We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. Although there is insufficient evidence for a bearish NASDAQ we call for caution in long trades.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. A short trade can be initiated but be careful because you are trading against the main direction.
KLCI on last "pull back" since 2014 down trend. What "Big Plan" after 12 August 2023 State Election?! KLCI currently at wave (c) (red) of expanding flat pattern (a)(b)(c)(red) = After completing wave (c). Price will down to 1300 +/-.
Here you find attached my old forecast for the DJI where I was calling a bottom and looking for upside resumption back in May. We successfully rallied ever since and now we could see a little pullback to then reach wave (iii) target. Feel free to ask me questions and trade safe!
The Bart pattern is now confirmed, and it doesn't look good at all for the price of Bitcoin! We need to react to the recent price action, and this pattern is breaking down. I would not be surprised if we woke up in the morning and saw a big red dildo! You can say that Bitcoin is still inside the major parallel channel and that we are still bullish, but I can...
In the higher timeframe, we are doing a pullback. Also, the lower timeframe looks bearish. We are waiting for an ABC correction to the upside and initiate a short from there.
Several scenarios can play out today. We are waiting for more data. The current structure does not give us a reliable setup.
Our journey starts in 2013, when Ripple releases XRP to the public. Price pumps all the way to 0.6 cents, then corrects for a double bottom. This completes waves 1 and 2 on the macro scale. Wave 3 takes off to $3.50. Then dumps heavily down too $.11 to complete the bottom of wave 4. Now, it looks like we are completing a running flat correction. The...
Just updating that 30m chart, in which price action (micro triangle break) seems to be igniting the terminal leg downward v of the impulse wave 3 inner a right-angled structure, likely an expanding ending diagonal. Plus hidden divergence on Chaikin Money Flow.
Potential expanded ending diagonal scenario for this asset. Price action is likely heading downward to made an interesting and profitable 3th wave of the expected bearish impulse wave 3 of that triangle / megaphone hypothetical scene. Key levels for watching on that 30m chart, plus Chaikin Money Flow divergences. Bear flag breakdown expected for soon on 4h chart -...
So apparently even when you make a whole video , you need to type . Everything Elliottwave wise is clear as a day. This correction that started mid 2022 seems to be done to me. So i would expect this asset to go parabolic. Do you want to invest in something that looks good from EW perspective, well its this. Log and Lin would give you different perspectives...