From alth to bottom it made 5 waves Down. We are now in corrective fase up. I have provided a detailed count of the last 5th wave. Some have the last 5 th wave as b wave. That is possible but I cannot get the subwaves to fit in a b wave. If it is a b wave we are now in an expanded flat which is about to end. For now I go with 5 waves Down and look for a zigzag...
I think Bitcoin is still in a bearish trend in its monthly trend and needs to complete its 5th Elliott Wave to continue its upward trend. Bitcoin needs more demand to continue climbing, which is clearly seen in the $12,000 range. #Bitcoin
NZDJPY WAVE AND TREND ANALYSIS It seems that this currency pair will fall to the desired range, it is not a precondition for trading, it must be done with personal analysis.
As indicated on the chart, the elliot wave cycle is completed This is only a SPOT TRADE. TAKE PROFIT : Levels mentioned in blue dotted lines. STOPlOSS : Use accordingly It can go oppsoite if btc dumps so do proper Risk Management. NFA, DYOR
Silver has turned lower at the start of the year but drop from the high unfolded as a sharp correction that found support at 19.88, ideally, it was wave 2 as shown on a daily chart, as part of a new bullish trend possibly with a leading diagonal where overlaps are allowed. So, if we are correct then the price maybe completed a pullback in wave four after a nice...
USDCAD ANALYSIS AND ELIOTT WAVE MOVE TO TARGET Personal consumption expenditures (PCE) are the primary measure of consumer spending on goods and services in the US economy. 1 It accounts for about two-thirds of marginal domestic expenditure and is therefore the main engine of future economic growth. PCE shows how much of the income earned by households is spent...
From a technical point of view, it could be interesting to follow FX:USDCAD pair in the next sessions. If we look at the intraday chart Trend is bearish but at the same time, we think that at least one technical rebound around 1.3198 will happen. In conclusion, it might be interesting to accumulate long positions (buy the dip) with small sizes follow 1H Chart. ...
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?
The last couple months have been challenging if you were bearish on the markets. However, recently it seems one by one, all the bearish analysts and money managers are now issuing their mea culpas, and are quickly embracing the bullish market perspective. I am no different. I made the mistake of allowing my analytical bias to remain front and center for too...
Price action has been channeling in a zigzag pattern. Micro bearish impulse downward leg in development. Just pointing out levels to watch.
sub wave 4 now complete wave 5 should hit $36-$38. Expecting this to begin now.
**Title: ARKHM/USDT Price Analysis: Volatility Signals Potential Upside, Caution Advised** **Date: July 26, 2023** In the latest developments for ARKHM/USDT, the cryptocurrency pair has experienced significant price fluctuations, showcasing well-defined small and big waves. While the recent price movements signal potential upside, caution is advised due to the...
There's not a large amount of institutional money in BTC. Due to this, I use a loose interpretation of Wycoff paired with Elliot and Fibinocci. I feel we established a solid floor for potential Wycoff phases to play. I feel we swept the liquidity built by early buyers. While this spring was atypical, it did provide a perfect grab for sellers who believed we...
As you all have probably seen, we have changed our logo and name! Shortly, we will go online with our website on which were are going to provide you with free daily market updates - more than one per day. But for the time being, let us look at the 3M chart where we can see an increasingly strong bullish impulse. It is important that the pressure is kept high...
As Tesla looks as it has completed a five wave impulse, I expect it to correct tell the end of the year when it will be a buying opportunity once it reaches the red box
Hey Guys. According to the chart we see the price breakout the above of downtrend channel and I expected the price touch the neckline .