Wabi is still bullish. If the price breaking up the 2 pivot, we wouldn't stop till 4600sat.
Took profits at 2500 on previous pump. Missed 2290 entry by not setting orders before falling asleep. But would have liked have seen a bit of a deeper retrace. Now we have moved to the upper half of the channel on a steeper trend line. Have orders set in the between 2340-2480. Excited to get on this for the next leg up 2800-3000. Want to see the Stoch get into...
Chart says all. updated prior post with corrected line positions given interval price changes. C wave length and duration mimics A wave. The H&S pattern appears to be an extension of the correction but note it is also a pennant, or continuation pattern. The trend: still down, entering a fifth intermediate of primary third wave. expect double bottom to retest 233...
Wow what an amazing jump! Does it mean the bears are back in hibernation? Doubtful. Boxing Day's record 1k rally was just an impressive a-leg of an a-b-c minor correction after a punishing 3rd Intermediate wave in the current bear wave. Trend is still Bear! Note in chart the abc pattern extension to 0.50 Fibo coincides with the 0.618 Fib retracement of the...
Order in Chaos illustrated with gann boxes. enjoy! zoom out view: Cheers, Keops
THE CYCLES AS WELL AS SPIRALS IN TIME POINT TO A LOW DUE TODAY TO NOV 14 IN THE AREA OF 61 TO 59.40
Looking to add in another short position on GBPUSD. *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily indicative of nor a guarantee of future...
TD 9 weekly/2week close, Bullish divergences on RSI and OBV on high TFs, EW support at 20700 sats. Look its going up!!
Added into my AMD shorts Added levels at 26.44. The target seems to be good for a long-term downtrend in the weekly chart as well Looking to ease some at 22.29 and more at final target of 20.46
GU Sell Bearish Bat in H4 - Divergence in RSI is also noted
Nasdaq 100 NDX Reading 2578 now - can come back to 7569 on the open but should hold hold up here if the day is to remain a good one....think it will be after a twitchy start. Marketmakers need to try shaking the tree to get some stock on board...don't think they will shake out much though - which should bode well for the rest of the day if correct. A...
Not expecting the third part of bart pattern, 6160 will be interesting level. But i think this end of bart pattern let us see below 6k usd. I give low chance to bounce back again to 6400 when we hit the support level at 6160-80 .
Reasonably confident these wave counts are accurate. It's more art than science. Look at Mark Rivest's counts , he is even more optimistic than I am: We've got a triple combo 5-V-v wave forming off the shallow 4th wave last week. My Fibo projection for the last stage of the rally is 2937, but it could blow through that easily, won't be surprised to see it over...
Extreme bullishness prevails. Vix- dropping off to almost nothing. What looks like a tiny Elliott wave 2 formed Friday AM but quickly dissolved into bullish enthusiasm. If this is the breakout move gathering strength, then the chart shows a possible course. I believe we may have entered minor wave 3 of the V(v) 5th wave already ('third-in-fifth wave'). I lost...
BTCUSD Bitcoin Another Potential Inverse Head and Shoulders in Formation Bitcoin has held up well overnight and is now making a lazy attempt to grind higher and potentially to complete an inverse H&S with a minimum upside target at 7400 - but the biggest test will come at the neck-line at 6615 on this feed. It has to break above here on rising volume to...
On a lower degree, I posted earlier that we're most likely heading up into a third wave. This was, however, on a lower degree. I also wanted to take a look at the bigger picture since the hardfork of BCH. I believe we have finished the second wave and have started into the third wave on Cycle-degree. That would mean we're presently in wave 3 of a wave 3, so I am...
I have been posting about the BTC bears for some time now, and my opinion is still the same; the Bears have strong control. As you can see the RSI is moving into oversold territory after the recent drop from $7,400 to $7,300. However, their domination could soon find a short term end, as BTC is dropping close to long term support of 7,000 USD. I couldn't imagine...