Currently making a possible double bottom & lying on 0.5% level of fibonacci & Trend Support.
Should it be a buy?
Bigger TF are closing below trendline, however am still hesitating whether a double bottom formation is stronger OR trend breakouts.
However, you can have a Sell Stop placed 50 pips below the wicks and easily capture 600-900 Pips...
if you followed my previous NAS100 4h hour setup, you'll know it was a very clean and successful setup. still following that same setup, I now see a potential pullback all the way to 7577 or even 7522 before price pushes to maybe new highs, lets see.
HI BIG PLAYERS,
this time I predict a bearish Wolfe Wave in NASDAQ.
The high peak on point 5 (the last wave of Wolfe Wave wedge) doesn't touch any typical fibonacci lines. But the in this case this system predict the rebounce time exactly, I really wonder myself.
I will testing this Autoprediction for Wolfe Waves in other publishing ideas in the future. If you...
Futures have clearly risen tonight from a false report that Trump said he would extend exemptions from banning Huawei. However, he later confirmed in the most recent update to reporters around 5PM EST today, that this report was completely false and that his staff will issue a final statement tomorrow with a likely ban coming (and possibly an indefinite ban all...
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NAS100 - Elliott Wave Outlook
Bearish Swings - Patterns:
Complex Flat in Cycle Wave (IV) (green)
Primary W (purple) - Zig-Zag
Primary X (purple) - Complex Triple Three
Primary Y (purple) - Simple ABC Swing
Bullish Swings - Patterns:
Bullish Impulse in...