- If this Elliott Wave count is valid - then we can experience a huge bear market (multi year). - Due to Elliott Wave rules, after 1-2-3-4-5 Impulse wave we should expect an A-B-C correction.
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Bitcoin has to drop to $ 35,000 in the case that the diagonal ending ended with the MACD divergence .
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Hello traders! EURGBP is coming higher for the last few weeks, after the pair moved to the lower side of a big 2016-2020 range. Notice that pair is coming higher after a five-wave drop on a daily chart where we see a bottom formation because of a wedge pattern in a fifth wave. Wedge, or ending diagonal, is a special type of a pattern that has a slow and choppy...
GOLD downward internal wave structure since 16 Nov 2021 seem like an ending diagonal pattern which is "ONLY" happen on either wave 5 or wave c. As GOLD current price structure. it's is possible that now are @ the near end of wave 2 (Yellow) which is a running flat abc (green circled) pattern . So we're in "high probability" to end the multi months bearish...
May be an ending diagonal , we will be completing the 5th wave or it will become truncated , i hope a small crash towards downside let'see
DJCIEN - Elliot Wave - update - primary ((C)) ending diagonal IS IT FOOLISH? confirmation motive wave cross down 102,32 target 64.80 - USOIL 38.50 range
Even though the USD DXY took a bit hit late in the week the USDCAD did not drop as it should have. The CAD is also tied to commodities and especially OIL. So the CAD took a hit too. With this in mind, the EURO could be strengthening over the coming weeks and it would make sense then to play EUR/CAD as long as OIL continues to correct. From an Elliott Wave...
lets talk chat patterns, this is an ending diagonal in Elliott wave language, and it is also known as rising wedge. always expect price to drop after a complete ending diagonal. for a low risk trade, you can wait for breakout.
- A lot of people think that the end of the cycle will be in December 2021. - In my opinion, its not true. - As per my parallel channel on the monthly scale, we can hit 400 000 USD (in April or later 2022). - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ ...
- Polkadot - DOT - Rank #8 -Coin - Polkadot is strong on the daily timeframe , as we can see. - The price broke out of the bullish falling wedge and now is unstoppable! - On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance . - Target top of the chanel or 1:1 fib extension on the daily chart . - For...
- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave). - Rounding bottom or cup and handle is also printing on the chart. - Volume is very bullish and also RSI is prepared for another pump! - Target is 1.618 fib trend-based extension + top of the ascending wedge + 5th elliott wave. - For expected duration of the trade, probability, stop loss,...
- Cardano is currently breaking out to new ALL TIME HIGHS! - On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs. - Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish . - We will experience an acceleration to the upside in a few days! - Profit target is 0.618 FIB extension, which is...
- Litecoin - LTC - Rank #17 - Coin - If we take a look at the chart, we can definitely spot an ascending triangle. - We have very important double top resistance right at the ALL TIME HIGH level. - Litecoin is prepared for a huge pump! - We need litecoin, because bitcoin transactions are very expensive. - That's why everybody uses litecoin at this moment....
- Fetch.ai - FET - Rank #133 TOKEN. - As per my Elliott Wave count, we are currently in the 5th wave, which can be huge! - Also, we have an Ascending parallel channel with total 7 touches. - FET Is prepared for another pump very soon! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) -...