hey guys , i was reviewing my count on gold lately since the failed triangle idea i posted earlier , i was expecting a bullish impulse C wave but it didnt look right.
After some time i found out what's going on , we got a consolidation Wave B in triangle Formation on Intermediate Degree , with one swing left inside.
I expect a bullish move to complete the last ...
Hi guys , i had to review my wave count after this strong bull run we had , it has impulsive look and it didnt break the low yet showing divergences.
I believe thats the first leg of bull market , invalidation level is the red line , any ticker below the last low around 5.800 zone would invalidate this count.
Possible however remains the triangle X (green) ...
Hey guys , if any of you trade stocks , i would recommend to find an entry on TESLA stock shares , it looks very nice Expanding Diagonal on it and may go at higher prices based on the Elliott Wave outlooks.
Goodluck!
Per my previous post on Bitcoin below, Ethereum is also getting close to a bottom as a wave 4 of larger super cycle wave 1.
Wave (3) hit the 1.382 log fibonacci level of wave (1) almost to the tee around $1400, a frequent level for 3rd waves when wave 2 is shallow. i.e. doesn't hit the 61.8% retracement of wave 1, as was the case with ETH.
My current ...
Hi guys , i checked this stock and the upwards movement is structured as corrective waves.
Using fibs i see it reached 138.2% of preceding corrective wave therefore i believe it falls soon.
Watch the price action on the green lines , price may struggle to penetrate them in such a strong uptrend momentum.
If the black trendline breaks there will be more room on the ...
Hey guys , microsoft has a really strong momentum going on , i see there is a correction coming for it , i'll try to find a good spot to long it.
It has a series of extensions on thirds and fifths and very hard to count so i'll have to try few times probably until i get the right guess of what degree the correction is.
After spending a lot of time in this asset ...
Today I bring you somber news crypto nation,
Bitcoin 0.33% has officially completed a 5 wave elliot cycle and now must, much like the prodigal son, return home for a needed rest and by rest I mean an ABC elliot wave correction.
According to what I was able to find on stockcharts.com typically an ABC terminates around the end of previous wave 4, note this is ...
Hey guys , i see a possible short opportunity short-term on EURUSD.
I will be looking to long it if this support holds , otherwise will keep my short for any bearish trend.
We have witnessed the meteoric rise of bitcoin over the last 4.5 months from a mere $1,800 to $10,500. Now we shall witness the meteoric fall of bitcoin from $10,500 down to $1,800 over the next few months. Bitcoin is way over-bought. What we see now is a bubble and all bubbles must burst. Do not think for a second that we are on the S-curve that will only rise ...
Bitcoin is looking for a support right now, and I think this one might be very strong here as we have a few ideas that converge there, between 7444 and 7474 - Fibs from the last rallys, my lovely 42MA and even a cute trendline that many people is looking at.
I would love to add more indicators on TV, but I have to deal with BitMEX's which is a bit worse for some ...
Dear all,
Here is what I am following on BTC currently.
Two bullish patterns are in formation:
- The famous Inverted Head & Shoulders
- An Elliot Wave ascending triangle
Both patterns are bullish are I'm confident that we now have a healthy setup to break the Bear Market.
My Target profit on this setup would be the $7,700 mark.
All the best from the Crypto ...
After a meteoric rise from $150 to almost $20K, the mother of all cryptos has taken a break to cool off its unrelenting moonshot and has been in correction mode for the last 7 months. We have heard news about Bitcoin being dead as the price corrected by 75%. However, these moves are quite normal with most cryptos going through 90%+ corrections on a regular basis, ...
Hello,
That is more a trial than a solid prediction, so do not take it too seriously.
The pattern as I see it, we are in this upward channels and in a potential spring ( I insist on potential, it could fail anytime).
We are currently testing previous resistance changed to support with lesser volumes of each pumps.
If we are still following the same pattern, I ...
