To summarize: 1. We are currently in the 5th wave down. The last wave. 2. Potentially a sharp drop for the last 2 weeks of Dec 2023. 3. Price might follow the same pattern as Dec 2018. 4. Target 10130-10145.
An observer with a bullish bias might see a bull flag in the current chart, but Kaspa seems tied to the market recently and heading downwards. The key psychological level of 10 cents can be seen in the chart structure as a potential downside target, but a .618-.786 fib retracement would indicate a possible value zone back within its long-term ascending channel.
Welcome back! Let me know your thoughts in the comments! ** TESLA Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
this is how I set up trading ranges to visualize how many pips we have to work with per day in any given market watch this video if you're having trouble timing trades watching for the EURUSD LTF bottom to set up another Fibonacci. Confluence Video
price action in EURUSD currently contains the most confluences that I have ever seen.. from the monthly, all the way down to the minute chart, the 618 level seems to be in play. Take a look for yourself and let me know what you think. This type of price action is a sort of "white whale" in Fibonacci trading
HEX on Ethereum has done a textbook golden pocket retracement following its explosive run-up in October. It has been consolidating around this level for a couple of weeks now and is hinting at the downtrend being broken by a strong heikinashi candle. Key levels to look for appear to be 1.1, 2.2 and 3.7 cents.
trades caught in the last (EURUSD) stream and posted as EURUSD & USDJPY ideas got me funded. We are live! In one to two business days.... Ignore anything other ideas posted on my profile (inactive) and tap in for current ideas.
KASPA uptrend seems to be holding, though a breakdown to 9.2 cent level is still possible. Using the power of wild speculation, the 1.618 fib extension of recent moves and apparent pennant breakout both seem to imply a possible future key level in the 24-25 cent zone.
In this analysis, I talk about how I used Elliott Waves to count the moves of Hang Seng Index from Jan 2018 to 24th Nov 2023. The main points to take note are these: 1. The corrective move down in 2023 is over. 2. We are still in a minor corrective move down. 3. But a wave 3 up is round the corner and that it will be an explosive one. 4. The risk is low for this...
hope you got to tune into that one.. UJ and EU paid out.. here is the stream if you missed it. 7 minutes 40 seconds for the daily atr day trading range demo 6 minutes 40 seconds for the EU call
managed to pull some literal insane gains from the markets the past couple weeks so im quiting while ahead.. see you all next week. Built into EU and GU based on HTF levels. Now its just time to sit back and let the LTFs develop usdjpy absolutely blessed us, not once , but twice :)
The primary focus centers on DXY, which is currently approaching significant weekly Fibonacci retracement levels. My strategy involves watching the 4-hour chart, where I will be monitoring for signs of a potential bottom. I will post the EURUSD chart as its own idea and it is linked here. Ignore anything else posted to my profile as those ideas were built on what...
Here I share my decision to shift focus from USDCAD, GBPUSD, and CADJPY to USDJPY
I will be focusing on USDCAD and CADJPY and that is pretty much it. The high timeframe charts are in play and there is not much to do at this point other than wait. Good luck out there traders!
As explained in the video, I explained how I break down the TSLA stock prices into Elliott Waves and why I am bullish on this stock. I also explained why the alternate bearish counts are unlikely.
We managed to pull 100+ pips out of the markets last night and I am offically exausted.. Later everyone, Im done for the week
Kaspa remains bullish after breaking out to new highs this month but a potential head and shoulders could be forming on the 4hr. If current trend were to break and this scenario play out, the target has rough confluence with the 0.618 golden pocket and chart structure. That being said, the trend is still holding at time of posting and that fib level is below the...
Hey traders! 👋 Keeping an eye on DXY for potential trading opportunities. The chart is showing some interesting dynamics, and there might be moves on the horizon. Stay tuned for updates as we navigate the market together! 💡 Why Follow? Gain insights into my Fibonacci approach. Track the progress of the 100k funded account challenge. Participate in discussions to...