Here we see two options;
1) a Long opportunity using the Ascending Triangle Pattern.
Here we will wait for an upward break back into the support line.
We then anticipate a rally up towards .72800 and prepare our entry and exit strategy.
2) a Short opportunity using the Double Top strategy.
Price retests resistance line twice but is rejected back to...
LIACF is likely provider to TESLA for their batteries and 2h north of plant and founded in 2016, good TESLA timing for Lithium.
They have cheapest mining processes and under pressure from market correction and headed to 0.35-0.39 from current price
before hitting resistance. Looking at LIACF opportunity for entrance and solid 20-30% rebound vs BITFINEX:BTCUSD
This is my first post, so I'll keep it short.
My Impressions...
Fundamentally: Bullish. This company is expected to start pumping oil in early 2019. Keep an eye on oil prices.
Technically: After going below the 200MA on daily chart, I think there's strong potential to get a better entry so rather than illustrate a stop, I've attempted to include an accumulation...
Hello everyone,
Eth does it as planned – it’s going down. I think we will see courses under $100 before eth will change its direction stable to the upside. The blue line in the chart will be the ideal structure to complete the last sequence of the correction pattern, which started at all-time high.
The ideal touring point would be between $80 and $50. So, do...
For example... One entry strategy.... Trading with precision. Have a setup based on larger structure and market analysis. Wait for a flag (potentially completed corrective wave)...... Look for price to break trend line (see wick)...... Let price pull back....Then place a sell stop order under wick for breakout. Stop loss above high of corrective wave...... Then,...
Hello everyone,
it seems that scenario 2 has made it (please check link below). Now the situation in the chart is not much easier, because there are two possibilities we should think of when trading eur/usd in the next days.
Scenario 1 – blue line, chance 55%
I still believe that we are in wave B (purple in brackets) of a huge correction pattern started at...
Hello everyone,
XLM maybe is one of the best starters in the crypto market.
I see two scenarios in the chart…
Scenario 1 – green line, chance 60%
We have seen the bottom of the huge corrective wave 2 (blue in brackets) at 0.15 and since then XLM has built three 1-2 elliott wave setups. Now it seems that XLM is going in a stable uptrend – ideally as shown in the...
Hello everyone,
WTI is one of the most exciting markets in 2018, I think. There were some trades with good profits, and now we have the chance to catch the final uptrend to 80$+, maybe 90$+. If my count is right, WTI is completing a wave 4 of higher wave degree (purple in brackets), as described in my last analysis (please check link below). A turnaround now...
Hello everyone,
I decided to have a closer look the chart, because the movements of the dow are very interesting now. I think that we are in wave 4 (purple in brackets), as mentioned in my last analysis, but there is another possibility to think of: it is possible that we are in a so-called expanding diagonal. If so, there is a chance for new highs!
BUT: so or...
We’re in the long for BAT daily since the long setup triggered at trade (1). At (2) we took partial profits (off the 4HR chart signals), and reinforced the position at (3), following the re-entry signal strategy. We’re now at resistance (4) and a weak overextension signal. The red line is where we placed our stop according to the 4HR chart.
We have a medium...
INTC NVDA AMD
Advanced self-driving cars will need processors and GPU's, which means Intel and NVDA or AMD likely. Would you put another brand in with that risk?
Intel as at 618 Fib Retracement near 48.48, actual 48.53 right now and hitting resistance today. Expecting midterm election will drive this up to 500 or higher retrace soon.
4h, day and week...
Hello everyone,
as predicted in my last analysis (long term), the S&P 500 has moved up – so far so good. But now, we want to know, how to trade the next movements (shorter term). Some of you might read my dow-analysis. Often both indices are moving similar, but in detail there are important differences!
There are three scenarios in the chart – same procedure as...
Hello everyone,
it worries me, that xrp stays at 0.45 without any decision. Because of that, I decided to re-analyze the chart carefully. The conclusion is not very nice, I suppose. Yes, there are three scenarios in the chart, but one of them is becoming more and more likely, especially if xrp stays not moving!
Scenario 1 – green line, preferred (more hope, than...
Hello everyone,
now it seems to be clear: the direction was right, but the count wasn’t.
What has happened?
At 75.24$ there was wave 3 (purple in brackets) ending. One wave degree higher, so the actual correction is wave 4 (purple in brackets), and this has to be leading lower. I think we have a good chance now to get in the market to make money with wave 5...
