DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, 12 RETECH CORPORATION, GENERAL ELECTRIC COMPANY COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
BITFINEX:BCHUSD is forming the apex of the leading diagnoal.
This Idea is to track the price-action coming out of the the leading diagonal.
For Further Analysis see related idea.
BITFINEX:BCHUSD 7.62% has been in a bear market since reaching an all-time high in December 2017 (273 days ago). ...
LONG setup for LTCUSD:
Entry at $54.5, (confluence of 0.618*A = C as well as 0.618 retracement of the whole leading diagonal)
Stop at $47.1 (under last low, would deny the diagonal being wave 1)
Targets = $73 (wave1 = wave3) and $84 (1.618*wave1 = wave3)
The Federal Reserve should deliver a rate hike in December, after raising rates in September . Currently, the likelihood of a December rise is pegged at 80%, says CME Group. The Fed is expected to raise rates three more times in 2019. It pressure on the Bank of Canada to follow suit and also raise interest rates.
As usual the charts told us that way before it ...
It seems that the steam have already cooled off for EOS but how far will it go?
While we are still looking bullish, we should expect to see the high $12 range within the next couple of days as this leading diagonal develops for the first wave of wave iii. There is a supporting trend line that originated since 10/2017 which needs to be respected. If we get a ...
For a second, let's just forget about wave counts in this mind numbing puzzle of BTC shall we? This pattern very much look like a Leading Diagonal pattern to me.
In popular alts like EOS, IOTA etc. we were able count very clear wave structures and I believe there is some sort of parelellism among all coins thanks to BTC being the king.
I believe there is more ...
Unfolding of 5-waves. First leg A almost finished. Anticipating a short-term move-up to the 50-61.8% retracement with afterwards a sharp wave c move.
Maybe BTC is printing an ascending wedge rather than flat or triangle. Maybe the correction already ended and now we're in a leading diagonal.
This is the idea on Gchf. I just want to point out the amount of divergence coming in on the 4hr. Check out the 1hr. I believe it came down from top in a leading diagonal indicating further downside. I think it will either drop from here or make a small wave 4 and go up to .618. This is about a huge swing and trying to catch an entry on wave 3 that I can hold. It ...
How do you become a good trader? Do you think you are good at predicting things? D4rkEnergY has said it before, but he will say it again:
Good forecasters all share one trait (besides being intelligent): open-mindedness. In everyday life, open-mindedness may be mistaken for having liberal political views, but in psychology it is thought to reflect ...
The price of XRP has jumped dramatically, but it's not done yet! XRP has just completed a leading diagonal, and after a very short correction (which may already be done), the price will start shooting up again. The first target is $3.50, which is just over the previous high since minor wave 5 (black numbers) should exceed minor wave 3. The second target is $4.20, ...
This is a clear cut leading diagonal pattern. Above is a clearer wave count of the whole structure. Leading diagonal moves in 5-3-5-3-5 structure, unlike an ending diagonal, which is 3-3-3-3-3.
Since wave C cannot be the shortest wave, we estimate the current high at 1.757 is the top of this whole structure. If prices move beyond this level, we would have to ...
Leading Diagonal Moves in 5-3-5-3-5, differentiate by the impulsive moves in 1/3/5 wave, as compared to an ending diagonal (3-3-3-3-3)
Price action in GBPAUD looks to be following of that. At this point is can only be a guess, as I'm counting it as a start of wave 1 of a bullish move upwards.
After the leading diagonal, prices typically retrace swiftly to the ...
It looks like we have finished a Leading Diagonal in wave a (yellow).
Now it should be a corrective move down in yellow wave b between 50 and 78.6% Fibonacci retracement.
After, it could be a final wave c upside.
looks like it could be a possibility! Trade responsibly!
looks like a time to watch for a buy setup to me!
Hmmm, could this be ready for the upside? Let's wait and see! Trade responsibly :D
The so called "Trump effect" was again in play last week as the markets sold the USD whilst he gave his press-conference; so I thought I'd put that theory to the test and have an alternate Elliot Wave count to the upside similar to my original idea EUR Long idea I posted back in Jan 2017.
This is again is becoming my preferred count as I anticipate the a massive ...
I brought this idea to my mates in the team. We are going to get a breakout in EURUSD
I have been monitoring this corrective structure since the end of December, and it looks like a Leading Diagonal, could break into a slow downtrend move, I don't think it will be a sharp move.
Gold seems to be dropping from the corrective structure it's broken ...