Price looks to have bottomed (marking it as W.4 for now). We got the shift in price structure, so looks to be a good spot for entry. Targeting this to be a 3-4 weeks trade. Good luck!
Exxon Mobil Corporation stock MAY see around 200 USD price in up coming years ! Today, we are going to investigate one of the giant oil companies. XOM has completed a complete ascending wave cycle from 1970 to 2020 . Impulsive section of this wave cycle was between 1970 and 2014 and corrective section started at 104.76 (former ATH) on 2014 and...
Sharing important support and resistance Fib levels to watch for High levels 1 $ 2079.60 2 $ 2280.93 Low levels 1 $ 1813.88 2 $ 1731.80 3 $ 1649.71 4 $ 1532.86 (apr 2024) You can take these levels and place a Fib retracement tool between them to get more granular on say a daily or 4hr chart. I'm labeling Elliott waves with the...
A potential roller coaster in the making. It may be that we will travel up from here. This way the chart is consistent with my view for SP500 and USOIL.
I am radically simplifying the count to factor in poitential strong bounce and make the structure more organically looking.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
#GOLD #ShaneElliottWave #Shaneliot GOLD || Elliott Main wave count || 15 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: GOLD Trading strategies: Long Timeframe Analysis: Neutral Expect Main Elliott Mode: Motive wave Expect Main Structure: Impulse Position: Third Wave (Light Pink- Minute degree) ---
#DXY #ShaneElliottWave #Shaneliot DXY || Elliott Main wave count || 15 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: DXY Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Corrective wave Expect Main Structure: Zigzag Position: Wave C (Light Pink- Minute degree) ---
#EURUSD #ShaneElliottWave #Shaneliot EURUSD || Elliott Main wave count || 15 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: EURUSD Trading strategies: Short Timeframe Analysis: 4H Expect Main Elliott Mode: Motive wave Expect Main Structure: Impulse Position: Wave A (Green- Minuette degree) ---
#GBPUSD #ShaneElliottWave #Shaneliot GBPUSD || Elliott Main wave count || 15 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: GBPUSD Trading strategies: Short Timeframe Analysis: 4H Expect Main Elliott Mode: Motive wave Expect Main Structure: Impulse Position: Second Wave (Green- Minuette degree) ---
#GBPUSD #ShaneElliottWave #Shaneliot GBPUSD || Elliott Alternate wave count || 15 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: GBPUSD Trading strategies: Short Timeframe Analysis: 4H Expect Main Elliott Mode: Corrective wave Expect Main Structure: Zigzag Position: First Wave (Green-...
Since I started posting on TradingView.com once per week, I have been warning my readers of softness into the 3800 -3720 area target box. Today, I have no reason to believe otherwise. Really, my only question is when, and then what happens next? I have a purple pathway down to the low 3000’s and as of now that remains an alternative. With the loss of positive...
We had quite an impulsive run on EGX30 since summer 2022 with more than 105% gain however, nothing lasts forever :( We're due for a correction!! In the light of my elliot wave count, we should anticipate wave 4 to correct anywhere between 11 - 30%. I personally expect a 24% correction to meet the golden ratio (0.618 feb) for the retracement, with an invalidation...
The little brother of bitcoin managed to break above the top of wave (i) too, and the chart is almost identical as of now. Like I said in bitcoin, we expect that a wave (c) will start in the next days and we will be curious if an expanded flat or a running flat will unfold. Please note that we are already invested in Ethereum since the 15th of June, back then...
Crude fails to break the upper side of a triangle. Nice bearish reversal Daily candle too, similar to ones in the past, calling bears
Update to my last idea about Bitcoin. Price goes under demand area and closed below it which is a great confirmation for my bearish view
The invalidation of the previous count has turned my perspective bearish for APE. The alternative would be a leading diagonal, but while we are inside and channel and below 4.50, the higher probability is another lower low below 2.618