BTCUSDT up-to-date. Price is retracing below USDT41400, which level is a limit for a impulse wave confirmation, from an Elliotician perspective. On this case, if price is rejected from this 78.6% Fibonacci retracement, we'll see a profitable leg downward to accomplish wave -3. Potential USDT40400 target, in demand zone, for this swing trade. Chaikin Money Flow...
As an update from my first post on this new account, I'm showing u that on this 30m BTCUSDT chart that price is heading in a potential impulse wave (Elliot Wave Count). So, look on Chaikin Money Flow and u'll find a strong bearish divergence printed! Bears on command.
BTCUSDT seems to be reached supply zone. Price action drew a logical dynamical resistence line - top formation - in a confluent Elliot Wave count. USDT 40400 is a potential target for short swing trade in an possible impulse bearish.
- after a solid consolidation the price ran up with a massive impulse; - the next step is a pullback to 2000 / 2005 , after which an uptrend continues; - this uptrend move can be rapid and quick; the market needs to be watched .
NEO USDT elliott double bottom bull to %163 NEO USDT elliott double bottom bull to %163 NEO USDT elliott double bottom bull to %163 NEO USDT elliott double bottom bull to %163
This red candle referred to by the arrow is a candle whose body is very small and does not have any volume. This means that it is a test candle for sellers and it succeeded. There are no sellers in this area. This means that the market maker will raise prices in the next two candles and start rising because he has ensured that there is nothing that hinders the...
decreasing RSI, increasing price inside a very transparent wave structure!
EURUSD 4h ABC corrective wave AS EURUSD is in Bullish Trend, this a counter trend trade with loss Risk: Reward. This trade will be not valid if the price action breaks the 1.1010 and close. SL @ 1.10105 Entry @ 1.0960 TP 1 @ 1.0852 TP2 @ 1.0820 Note: This analysis is for the educational purpose. Note: Trading is the subject to market risk....
The chart was OUTSIDE THE MONTHLY BB BANDS I KEPT TELLING YOU DATA 1902 1.4 % min was seen if you want to GAMBLE bet on RED or BLACK 5 10 and 20 day P/CALL RINGING THE BELL
From a technical point of view, the FX:AUDUSD pair is very interesting and attractive, especially on a lower time frame. If we look at 1H chart we see that the pair completed 12345 bearish impulse structure (or part of corrective structure) and subsequently triggered reaction from wave 5. From our point of view, it should be correct to try to take a long...
It is expected to rise to the shaded area, withdrawing liquidity from the currencies and squeezing them well in order to complete wave B
So far, tier-1 crypto has been very predictable. I have no reason to think BTC will not get to the next fib resistance area of $46,500-$46,600.
The last time I updated Nvidia I stated that below 459 there is a higher chance we decline closer to $400. Read my last update here. Price did decline to breach $459 and we have subsequently moved to the upper trading ranges but have yet to make a new high. Below the previous all-time high of approximately $506 I still favor a move down closer to the $400 area.
We have our first indication of a top in bond yields with price overlapping and losing it's impulsivity to the upside. However, a top is not confirmed until yields breach 3.40% which is our wave 4 of one lesser degree. To do so should confirm the beginning of our wave 2 decline into the target box, and over time.
I remind in my updates periodically, that nothing clears up confusing-overlapping price action, like more price action. Meaning sometimes, as an analyst, it can be difficult to forecast precisely what is playing out, until right before a pattern concludes. This current pattern off the October 2023 lows is one of those occurrences. Corrective waves can take on...
EURUSD Short Corrective ABC wave for few pips. In this trade entry was took at 1.09237, TP1 @ 1.09523, TP2 @ 1.09636. SL 1.09033. We can trail the stop according to the ADR levels. After this short correction, we can expect the another correction for downside. Note: EURUSD is Bullish Long on Daily, Weekly, Monthly as per my analysis. Kindly, note this analysis...
This PSU stock has made a bottom on 25th Oct after completing a zig zag correction starting 11th Sep. This particular bottom shall be considered as a wave iv bottom of an ongoing impulse wave that began in April this year. The stock is now expected to take off in wave v towards 170 zone providing a good 30% upside potential. The Oct bottom of 128.5 can be used as...
I hope this message finds you well. I would like to provide an analysis of the current market situation for Computer Age Management System (CAMS) based on the Elliott Wave Theory. Please note that the following information is for informational purposes only and should not be considered as financial advice. Investing in the stock market involves risks, and...