Reliance ready to retrace !!!! Reliance is ready to retrace as per elliot wave theory, we will see correction in coming days
By LTR I mean long term risk and that risk is managed at most (will definitely be less than) at the "wave structure violated" level marked in the idea. What makes this a great trade is because we have completed the sub-waves that would be needed for this to rally long term from here, they are harmonic and all within my trade plan, we have the deep retracement...
This count has primary wave 1 peaking in October 2007, wave 2 a zigzag down to March 2009 low, wave 3 peaking in September 2018, wave 4 an expanded flat bottoming in March 2020 (COVID-19 low), and wave 5 peaking in January 2022. This would complete a full impulse from ATL to ATH. After January 2022 (which would be wave 2 of largest degree), I have what looks like...
BUDZ is one week old on Uniswap V3. Launched on April 20 in a pair with Wrapped Ether on the Ethereum network, trading has been very successful for early buyers, but it also has been very sparse. With the presale investors still locked up in vesting period, there is very little to do on Uniswap but to buy. With low liquidity, it is not surprising that prices rise...
I call this "aggressive" because we dont have that typical deeper retracement (ABC corrective wave) here but a flat correction, which i have labelled WXY.
I Will Sell When BTC Touches 2YMA (Black Lines) And The PI-Cycle-Indicator Marks The Cycle-Top. Pi-Cycle-Top Will Trigger When The Red Line Crosses The Blue Blue. Is It That Simple? Why Not?
2024-04-22 Shiba BUDZ / Wrapped ETH in USD on Uniswap V3 Shiba BUDZ is touted as a rival to the popular Shiba Inu meme token, but with more functionality , such as gaming and DeFi. On April 19, 2024, Shiba BUDZ concluded its presale at the token price of 0.04745536 USD, with the initial stage price of $0.007. The following day (4/20) at 10:36 UTC, the token was...
According to the 4H chart, it seems that the price has completed the flat corrective pattern. According to the chart, it also seems that wave 1 was formed from the upward trend and we are currently in wave 2, which is probably forming an "abc" zigzag corrective pattern. Waves "a" and "b" of the zigzag pattern are complete, and for the end of wave "c", I have...
In a perfect world we continue to see a fractal growth of waves here, which could see a deep retracement lower here before any real strength comes in. Keep in mind the waves shown aren't claiming any price or time specifically, but instead require move lower in fractals/timeframes/zooming in to calculate the sub-waves of the move you're expecting at any given...
Soon to come out of consolidation t1 ATH t2 1.618 level sl 0.786 level
Showing the most clear completed waves on the highest fractal possible with the data available. This is actually one of my most highly probable formations that is taking place and shown here (ABC with a WXYXZ sub-wave in the C leg). With a bare minimum bullish target, which is entirely about completed waves the levels shown here are laid roughly and with a...
Getting very close to its pullback target and aligns with seasonality guidelines nicely.
LINKUSDT have done a perfect impulse to the upside in 1 2 3 4 5 Wave. After that it is correcting the entire impulse. For now it looks like it is going the collection in WXY. The 1:1 Extension and the .618 Golden pocket lines are perfectly. This chart looks extremely bullish. Let's see if we get a good reaction around the golden pocket. NFA.
The bearish short term shift from the high indicates this pullback is more meaningful and likely to be a larger degree wave two pullback with targets in the 101 zone.
POWRUSDT IDEA UPDATE POWR THE Bullish Flag Formation in 12H Timeframe✍️ In case Of Breakout,Expecting 50% Bullish Wave🚀
Here I have GBP/USD on the Daily Chart! After our New High since August 2023 @ 1.28938 , we've seen Price decline quite drastically! In fact, we were given a NEW LOWER LOW on Tuesday @ 1.24052! Now with this Low having been created after our Lower High @ 1.2708 (Point B), this Price Action breaking our previous Low @ 1.25394 CONFIRMS my prediction that we could...
Here I have USD/CHF on the Daily Chart! Now we've been following USD/CHF since it created its NEW LOW back in Dec. '23. This LOW I believe sparked the beginning of an Elliot Wave and currently we are looking at what seems to be a possible LAST LEG of this Impulse Move! Price has currently created a HIGHER HIGH @ .90721, so we will be looking for Price to...