Seems like a plausible contender to me, it gives credence to the idea that the ETF will provide another leg up to the move post January with the new entrants, seems like we are repeating 2017 or close to in terms of the typical last quarter and part of 1st quarter bull move.
perfect gap has been formed right on the 1.618 fib level of this large intuition manipulation( circled in green). this sideways setup has made a way for a sharp setup going down to the 1.618. both sharp and sideways setup are about the same magnitude as-well. use this information when trading jpy pairs the next following weeks. Remember your a trader not a robot,...
GBPUSD completed the Elliott wave pattern and now completes an ABC pattern The stochastic index is in the weekly time period and the daily time period in the sales area strong support if not broken. price goes up in the futures
In this video I break down my crypto watchlist for this week as well as break down my technical analysis and thoughts on $BTC. Please remember that this is not financial advice! Also if you found this helpful in any way please be sure to leave a like and follow I really appreciate it :) Good Luck! My Watchlist: www.tradingview.com
after impulse wave until 4 000 $ we enter a correction wave and can come until our target
The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology...After the nice rally that $BTC did lately, we might see a weak momentum from the bull's side and take a BC correction. Mixing The Elliott Wave theory with Fibonacci retracement I can know...
bullish flag . supports ellito wave correction theory.
Hi crypto traders! TEL had a massive run, similar to DNT. This subwave 1 of wave 5, TEL broke first. This is a good signal for DNT as it may follow this same trend too. Anyways, back to TEL, if you draw a fib extension from the previous highs to the all time lows, you can find the 65c fib extension as a major target. When it comes to Elliott wave count, you...
In the weekly chart, the price is forming the 5th ascending wave, which can be extended up to $ 290,000 target. This is a general trend. ( Weekly Chart ) In the daily chart and by the wave count, the 3rd wave from point 5 is being completed, which can be extended up to the range of 70,000 to 80,000 dollars. ( Daily Chart ) The 240-minute chart shows the...
Im at 4 rep! Just need a few more likes so I can chat and get some actual advice! Looking here like we're going to have some sideways action for a few hours at least. If you believe the elliot waves (i still struggle with identifying them correctly) we have exited the 5th wave and are on the A portion of the correction. I keep seeing things like "38k" but I just...
Face book spot cmp 278 Counter is trading around rising trend line support. Symmetrical triangle formation support around 270 levels. Elliot wave :- counter is currently trading in corrective wave 4 of impulse phase, if impulse wave 5 unfold we can see sharp rally in counter.. good support around 260-270 levels, view gets violated below 246 levels on closing...
The wave III is ended around the range of USD 2075, we are currently in Wave IV which is a corrective movement of this uptrend. In wave IV and in b wave, the Triangle pattern is formed, and by the price crossing the USD 1906 range, which is the end of wave d of this pattern, the hope for a further downtrend exists. It should be in the form of 5 descending waves...
it seems that the selloff is over and we will have an up trend a clear impulsive wave can be seen. just wait to the correction to get over and then you can buy
I am still short on this market and you can sell when the confirmation level is broken
Hello my friends, Today i noticed some good setup from GBPCAD. Previously this pair make an inverted shoulders head pattern and then push straight to the upside for 700 pips in 2 weeks. I tried to fit some fibonacci tools into it and count the waves according to Elliot Waves principle. Surprisingly, it looks like this pair just finished with the 4th Wave. Wave-4...