Here is my Elliott Wave analysis of past cycle tops and bottoms along with projections for future wave counts. We can see some very interesting fractals regarding the date ranges between the Bitcoin halving events and the corresponding tops and bottoms. Bitcoin's very first halving event was in November 2012 and it took ~365 days to reach the market cycle top...
This chart of long term treasury bond futures indicates an impulsive move off of the October 2023 low. Since that impulse topped out in a first wave (or an A wave), price has retraced very nicely into the expected depth of correction guideline of the fourth wave of lessor degree. The correction unfolded as a double zigzag that met a the alternate wave guideline of...
I think LRC is approacing its terminal stage. Wave 5 of (c) of 5 must develop first I suppose. Please let me know if you have a different count. Thanks
As I said in my last post, we're past standard fibs and have extended to the downside in the micros. As for the larger pattern, the standard end for an ABC is between the 1.0-1.382 with possible extensions down to the 1.618 fib. At this time, I want to make things as simple as possible and concentrate on only the current pattern in front of us, so I have removed...
It looks like ES1! is working on a third impulse wave up from October 2023 low. Bullish scenario (green) would have this third wave up complete a full impulse wave off low of 4173.25. Bearish scenario (red) would have this third impulse up be the second impulse of a C wave, with an additional impulse needed to complete the C.
Hello Traders, a wild ride for SMCI at the past week! Vola is back! The massive buying-panic on Thursday`s session (`caused by the excellent earning @ Nvidia) has been sold on Friday! My last count assumed a wave b upwards and a wave c to follow! I called this wave a "sucker-wave, `cause they try to lure traders to the wrong path! "B-waves" are kidding you, are...
Hello Traders, The NIFTY50 has moved into the upper rectangle and touched the blue trend line, which is resistance. On Friday, it tried to cross the line but failed. This underlines the importance of this line! For the bulls! If N50 moves its way, the next target is around 22500 range, which will make a crossing of the blue line happen in the coming sessions....
Airbnb (ABNB): NASDAQ:ABNB Airbnb's outlook appears quite bleak at a glance. We've experienced a break in the downtrend, and since January 2023, there has been an uptrend. However, we anticipate this might not last long as the complete cycle has not yet concluded. Since the IPO, the price initially surged to $220, then fell to $82. We now expect a rise...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
VSCO seems like bottomed out around 14 and up 100%+ from there already. Either can start building long position here Or Wait for a pull back or trend-line break and hold. Either way, Target 1 : 40 and Target 2 : 50
FOREXCOM:XAUUSD , as we expected, is declining. False breakdown of 2031, retest of global resistance and negative fundamental background leads to the price losing 0.9% from the local high. There is little news today, the fundamental backdrop for gold persists, as does the outflow of GOLD-ETFs from the market, which is a generally negative scenario. The dollar...
NDX (Nasdaq 100) 5th wave (1st wave of big 5th wave) is finishing its move on $15,250 level Then correction to $12,300 - $11,700
FX:EURUSD confirms the boundaries of the range 1.0887 - 1.0724 and is inside the flat. Touching resistance and the news on Thursday define medium-term targets for the currency pair. Yesterday the market received a portion of positive fundamental data for $, based on which the regulators continue to support the dollar index, which forms a candlestick pattern...
If BTC breaks below the current support level of around 50.5k, we could go lower to around 45k-ish support regions. To make a move higher to around 55k region and beyond, BTC must break and hold above the resistance marked by the blue line. The next few days will tell. Watch out for the next move around the highlighted areas and plan accordingly. DYOR.
Not really sure about this one, as I'm expecting BTC to do a fat ABC retrace after the Elliott Wave that recently finished playing-out (see last two posts) - If BTC does retrace, ALTs should follow. Ignoring all timings. I'm only focusing on the Elliott Wave counts and any confluence. For UNI/USDT, I've got 3 x Elliott Waves to give me short, medium and long...
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
This is 5 to 15 min time frame Use risk management and go a head Wave 5 is the most strong wave to enter the market What do you think? Follow me fore more
Another nickel-related stock. Earnings wise is quite good compared to MBMA. PE < 10, PBV is still quite expensive. It's very interesting since NCKL's management has set the MHP (Mixed Hydroxide Precipitate), EV battery raw ingredient production to double in 2024. Earnings will get significant boost due to this. Nevertheless, we have to pay attention to nickel...