Anything's possible when you're working with a finite asset in a world where: Inflation is constantly rising and multiple fiat currencies continue to fail. New sources for rare earth elements and precious metals are constantly being discovered. The overall output of society continues to rise. This is a (very) rough estimate based on Elliot Wave Principle...
Gold started to move higher more decesively. It looks very interesting and could provide support to underperforming gold miners ETF - GDX.
Following up on the Flag theme I am wondering if this is a "Pennant" which would take us up to the "Flag" absolute target and make a new 'All Time High'?
-ADA is in the Process of printing a high time frame (HTF) wave 1 (W1) -medium time frame (MTF) is in the final stages of printing its W5 -The 1-1 targets for price and time have both been broken. The next target is the 1.618, which is $1 by march 18. -On the LTF in order to reach $1 we would need to see a 5th wave extension to the 3-1 fib in time and...
-Chainlink had a perfect accumulation range at the lows that lasted about one and a half years. -LINK then proceeded to impulsively breakout of said range and began printing a nice 5 wave impulsive structure. -In this EW count LINK is in the late stages of print a high time frame(HTF) wave 1(W1). -LINK is in the process of printing the medium time frame(MTF)...
This is C wave. The first profit level as it shown on chart. Dont buy after that beacause it may go deep down
-In this count LINK is currently working on finishing its high time frame W1. -Locally LINK is finishing up its W5. -I am targeting the 1-1 extension for both time and price from W1. -This gives a target of $21 around Feb 12th for the top of W1 before we see the W2 pullback -Expect wave 2 to last until Q3/Q4 and to retrace between the 0.5 - 0.786 ($10 - $6.50)
📊 Arabian Drilling 📈Triple bottom pattern 📈And in the process of forming the fifth Elliott wave, which will move us 50% higher 🚀 🏷 Current price is175.80 riyals 🎯Goals: from 192 to 260 riyals 👇The rest of the details are in the chart! Good luck! 🤝Please do not forget to support, cheers, likes, comments and boost! Thanks!
AI can see 50 soon. This is purely short squeeze driven stock. Buy in lows.. Sell when it rips. Long anywhere between high 20s - low 30s Stop loss 25 Target #1 - 40 Target #2 - 50
Trapped longs with high (+) delta volume expecting for the next week an uptrend.
FX:XAUUSD is breaking through strong resistance and testing the 2050 area, favorably influenced by the fundamental background from Thursday. The market is trying to move into a bullish phase, but globally the price is held back by a huge sideways flat. Idea from 29.02: GOLD → Consolidation is narrowing. The calm before the storm On H4 we see the price...
I find a SOW (sign of weaness) which it is drawing an a,b,c correction in the short time although the general trend is upward. Short ´till 2066
Ford #F NYSE:F Looking ahead, our analysis and entry points have proven to be accurate. We are maintaining our long-term position, with a stop-loss set at $10.31. As for our recent short-term trade, we have already secured 75% profits and adjusted our stop-loss to the entry price. We now believe that Wave 1 has concluded, and we anticipate a three-part...
AEHR got hammered and down 70% from 50's. Noticed small uptick in volume and up 10% today. It's sitting on a huge volume shelf here, added a starter position around 16's. Trading small for now as this is a counter trend trade, we'll see heavy resistance as we move up. Long - 16-17's Stop loss - 14 Target #1 - 22 (30%) Target #2 - 24 (40%) - Huge volume...
Here I have EUR/GBP on the 4 Hr Chart! On Feb. 26th, EG had made an IMPRESSIVE Double Bottom Pattern @ .85281 and has been stretching HIGHER! Zooming out to the Bigger Picture you can see there is an even STRONGER reversal pattern possibly at play getting ready to complete!! -The Inverted Head & Shoulders! With the NEW LOW @ .84981 on Feb. 14th, followed by...
Gold seems to be looking for more upside action after withstanding a very sharp drop to end last week. Based on macro analysis, I believe that Gold will retest $2110 in the days ahead, however I'm also expecting this upside test to fail establishing support, ultimately sending price back below $1900. What's your thoughts on the world's favorite 'safe-haven?
It looks like two alternative patterns are playing out: A final expanding ending diagonal in a 5th wave, and when diagonals do end, they target the beginning of the move very quickly. Or a B wave in a flat structure, which needs a C wave, and again, this will target the $3500 price. Both mean we will soon have an explosive ending and it will target the October...