Hello, in this overiew of weekly and monthly, we see that there's an interesting opportunity to buy Gold ad the level of $1960 USD and keep the long position in the $2200 USD, that mean: If you trade 1 oz of GOLD and you buy 1 oz of Gold on the price of $1966 USD and keep the position in the $2200 USD, your earning is $233 USD, that is a great for...
Elliott wave analysis of the S&P500 index.
My weekly chart for the S&P 500 index.
Hi Traders, Today I try to figure out what kind of price action we can expect from BNB. So most probable options are theese: 1) We will finish wave (v) of 3 to 25,2-26,6USDT Sell Area. Then rtracement about 0.382-0.5 Fib. 2) If we break down stop-loss. it means that wave (v) pf 3 was finished and wave 3 is truncated. So we can expect retracement and then...
Hi Traders, There's a strong chance that price may retest the bottom at 101.00 if we don't see a clear reversal at current levels. If price tests this bottom, it may be an indication to start looking for long entries. Wait for correction around the 105 level to confirm further downside. Regards Wave Theorist
Here is my roadmap. BTC may one more go up to omplete Y of WXY correction. Check my previous education post. I ll also post updates here Feel free to share your ideas and support me with free likes. Cheers....
As we analyzed few days ago, gold has resumed another nearish impulse and traget still holds at last 2 weeks low .
post triangle thrust and 0.618 extension of Y to complete Z at $0.22 (confluence) primary target watching the low at $0.0865.. long yesterday from $0.1065
Once again Elliot wave, Fib level + Fib time analysis. This is my take on what the possible outcome could be.
Pattern for this chart indicates Long position, Elliot waves are simply arranged for predicted points.
EURUSD is making a series of (i)-(ii), i-ii wave pattern which usually indicates a potential swift decline in third of a third wave. We can keep our focus on the downside against the 1.18496 near-term key level (red), breaking decisively below the green levels on the chart will suggest wave ii has already terminated and that wave iii is underway. What's...
Simple first idea on BTCUSD Daily Chart....check it out and share your thoughts!
Hello Traders! Well ... according to Elliot's wave theory I really like the count that I present in this analysis and which reveals the following information; 1.- We are close to starting with the last downward wave; wave 5 of C, the last wave to finish the cycle correction. 2.- Given that wave 1 and wave 3 (purple in color) are practically equal in length, we...