Hey traders, Strong jobs data caused some bounce for the USD. But we are seeing some limited reaction as a lot of hawkish bets can be priced in. So I am even prepared on the reversal patterns. I like gold down here around 1800; its a nice technical support. In this video I will also also look at crude oil, eth and pound. Have a nice weekend. Grega ps. see you...
My continued effort to share my research, experience, and expectations with the TradingView community has allowed me the freedom to create forward-looking content to help traders/investors understand the real risks/opportunities going forward. If my research is correct, then next 5+ years will be incredibly difficult for skilled traders/investors. I don't believe...
US yields are coming higher once again and looks like new high can show up soon, and this is something that is drving the USD higher. Even stocks are coming down this morning, cannot handle the USD strenght anymore so it appears that we ahve some risk-off flows at the moment which can last a few more sessions. The elliott wave A-B-C rally on SP500, NASDAQ100 and...
Hi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out, as well as determine key zones of support and resistance. You do this by drawing up trend lines on the chart, from a...
ADA inside of a HTF ABC correction.. Or is there more downside?
Is VRA about to start a new 5 wave bullish HTF cycle? Have we bottomed forever?
How am I feeling pre-trade? I am feeling confident in my mind, I forecasted the risk entry and not allowed little things to put me off the trade. Normally I would be saying things like ‘its gone past the hook’, ‘there needs to be a nice retrace or pin bar’ but ultimately it has all of the ingredients to sell. Ascending channel, meets AT hook with a 1H retrace...
Hey all. In this video I will look on the ETHUSd which asha nice upwside potenial after current pause that can find a support and new buyers new 1800. One of the main reasons why Ethereum could stay in the uptrend is US Dollar which came down recently after inflation cooled down to 3% as reported last week, which can easily cause a bigger recovery for the...
We discuss two scenarios that could play out today. Depending on the data we get, both a long trade and short trade are possible.
In the lower timeframe, we are waiting for an ABC pullback to finish the wave ((iv)). From there, we can go long again.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave ((ii)) pullback and go long from there.
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.
We discuss three scenarios that could play out today. We reached the area where the wave ((4)) can end. In case of a single correction, we should start to see an upside movement. In case of a double correction, wave ((4)) can retrace deeper. Finally, we also might see no wave ((4)) if the preceding three waves up are part of a larger WXY correction. In that case,...
In the lower timeframe, we are waiting for an ABC pullback to finish the wave ((iv)). From there, we can go long again.
In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave ((ii)) pullback and go long from there.
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.