ABCDE bullish school.stockcharts.com Example on the silver :http://3.bp.blogspot.com/_70NRhT_th3Q/TTcIzcCwCzI/AAAAAAAAACw/goUv-Qu2TwM/s400/ELLIOTT+WAVE+_+Triangles+3.gif
GBPNZD, -has just broken Daily EMA200 & retrace to reject EMA200 to act as a dynamic support. -broken 0.5% Fibo and retraced back to 0.5 level so there's a high chance of it bouncing right off to head towards the next level of resistance. A buy stop is placed 10 pips above current resistance level on H4 , waiting the breakout to capture 50-100...
SP:SPX Hello traders I've counted wave at SPX and I suppose that now Intermediate wave E inside 4 primary wave has started to forming itself in this month I calculate proportions between 1 and 3 Primary waves (Green color) and let's see what I got: 1 Primary wave: Begin 666.8$ ending 1363.6$ 1363.6 - 666.8 = 696.8$ Total 696.8 / 666.8 = 104.4% Total 3...
My chart is kind of a mess, but i did over 4 hour of TA so i thought i might as well give you guys a peek, here's the rundown of my analysis. First pitchfork its based off the monthly candles, in return they don't correspond to areas that intersect with candles, based on the daily chart. Second Pitchfork Corresponds to the bottom of the first PF, as well as...
Simple ideas into March 2020 based off the price action zones BTC has/is creating. I can see a future to 15-18k zone...peak being a spike and probably a very heavy denial. There will be a lot of people trying to recover investment losses of 2018. We are hitting those numbers again. I see the people looking through the hope cycle and pushing numbers to the north...
as you can see the entire pattern had finished its route, and now its in the retesting area after that we have a 3 Support Zones we can also name them 3 TakeProfit Zones.
Check out my previous idea about gold that developing impulse wave i believe that this is a Triangle and the breakout doesn't count as direction for larger trend as R.N.Elliott Described E wave in "Wave Principle' that wave e is often will be Below or Above his destination
working on completion of triangle wave 50 DMA challenged at resistance and confirmed as support
Background: Based on the price data available on Monthly chart (see below), the USDMXN is in longer term Bullish trend. It formed a major spike high in Jan 2017 and since then it has been in a consolidation, forming higher lows, suggesting strong based being built. The extreme bullish sentiment for MXN might be fostered by the fact that the uncertainties...
the chart has made a triangle pattren, and its going to form the C wave of the triangle Good Luck.
Bearish Bitcoin Analysis based on Elliott Wave Count, Fib Time zones and Fib Wedge tools. The prediction is based on the fact that Bitcoin is still in ABC-Correction of greater degree and the last bottom hasn't been validated yet. Imo, Wave-A of Grater ABC-Correction is finished and Wave-B is just formed. In more detail, this Wave-B is made up of corrective...
Wave 5 corrected on Mar 2019 and new wave started, triangle pattern confirmed with 3th trend rejection i think we should see 1280
About to enter this and ride the wave out.
There are two triangles in daily chart of NZDUSD. Waiting for the two breakout in the two triangles, making a big money.
In 4H TF, BTC confirmed downtrend and ADX above 45 (strong).
Hello everyone. Following the Elliott wave count, I am still expecting one more drop (sub-wave 5 of wave C, the capitulation wave). This could also be considered the spring test in Wickhoff Theory (I'm not an expert, but communicate with one that is). It's clear, there are plenty that are expecting a new bottom, and it is also clear the market has gone (bullish)...