Elliott Wave Projection For ConocoPhillipsWe have identified the Macro waves and pointed out the most recent minor waves. I believe we just completed Wave 3 of a Cycle Wave, as well as Wave 5 of a Primary Wave.
Supercycle
ConocoPhillips Is Set To Gain At Least 45%ConocoPhillips should rise at least 45% by the end of 2019 from Friday's close. Can you beat 45% gain in 20 months? In the short-term the stock should zig-zag to this point. Stock will most likely:
drop toward 55.93
rise toward 70.07
drop toward 59.75
rise toward 87.00 to close out its Elliott Wave Grand Supercycle and achieve at least a double top.
I will publish the full breakdown and track the process on my site
BTCUSD extended flatBitcoin is showing bearish divergence on several timeframes. The daily looks like a dead cat bounce due to the low volume, accompanied by high CMF divergence on 4h.
The 1.236 extension falls at 8426, which also is the present channel top. If and when the trendline is rejected, i expect a drop below 5k, breaking the parabolic support and completing cycle wave 3.
GOLD supercycle near finishing correction ... Part 3supercycle of gold and cycle on weekly chart,
use your indicators and two time frames for good entry level.
THE IDEA MAY HAVE RISK POSITION .
EURNZD Buy low Sell highEurnzd has been making a very nice supercycle structure and is almost finished and ready for a large long impulse to the upside.
Patience is key here, so watch it closely and don't forget about the bigger picture.
Daily MACD and RSI divergence with a 5 wave structure close to finishing
4 Hour MACD Divergence
1 Hour MACD Divergence with 5th wave stopping near -270 target.
15 Minute forecast for trade setups.
Use a tested strategy to enter.
