Hello guys, been a while ... so busy, and trying to make some money trading too. It's been tough ... BTC has been in a tight range for a while. This is what I see. I believe these things: - we have completed a 5 wave impulse from when BTC started trading to up to the 20k high. - we have been forming an ABC correction since the beginning of this year. - we are...
Hi Guys, As you can see from the charts that SBIN is just sitting on the support level, And kind of working on Triangle waves formation which can take a while. Generally, it breaks out in the direction of the previous trend which was an uptrend. Triangle formation basically shows a pause the trend when it completes the trend resumes in the same direction. Price-...
The day chart of EUR/USD shows that after the triangle wave formation , the pair was breached out of the symmetrical triangle which formed the clear sell set up now so, it is expected to be bearish and would reach the targets respectively
$ADA showing similar pattern with $steem, a triangle with 5 waves formation. Also confirmed by RSI hidden bullish divergence . Goodluck! Not a financial advise.
Euro looks to be moving in a complex Wave 4 correction, W-X-Y , with the current progression in last stages of Wave X.
As we discussed earlier, Dollar has completed the formation of triangle ABCDE corrective wave . It can be also interpreted as a Ascending triangle pattern which is a continuation pattern. Hence , we expect the pair to make a upper side breakout and hovering for the fifth Elliot wave from now.
As we suggested earlier the EUR/USD pair is currently forming a zig zag ABCDE corrective wave . It can be also interpreted as symmetrical triangle pattern which is a continuation pattern. Hence , we expect the pair to make a downside breakout and move towards the stronger support placed at 1.15100. For further cues, follow our updates on premium analysis.
It is already past midnight morning here 1:00 am so I'm whispering and very lowering my voice so I won't wake up my family and roommates. And very sorry for the bad background noise, Please use your earphone or headphone. Thank you In this video or recording I show the significant support and resistance level of USD/JPY from...
We have ABCDE Elliot wave patterns + Triangle consolidations. Image : pbs.twimg.com
Here we can observe a Triangle Formation with many large Bearish candlesticks and occasional high volatility causes price to swing up to psychological areas on the chart. Detailed Description to be created June 19 I appreciate you like this Technical Analysis! I am not a Financial Advisor and you must accept full responsibility for any investment decisions you...
Hello trader long time no see. I’m back right now. Take a look to the DAX chart. I think the market will unfold as a triangle of the 4-wave of larger degree and when finish, DAX will go to the 15000 territory. But before that, we will going to sell the index for target around 12300-12500. Good luck.
Ladies and gentlemen, See my related idea links at the bottom of this post. Here we have a triangle pattern that makes wave iv of this wave (iii) we’re in which should finish around the 31K-34K range. We love triangle consolidations because they are dead simple to trade aren't they? Whether you’re a beginner or an expert you can trade triangles no sweat...
Hello guys, a lot of people are asking me for a new chart. I have not a lot of time theses days so here is again a really simplify one. Everybody on tradingview and on youtube have seen the formation of the obvious symmetrical triangle, everyone is talking about this from days now. A magic triangle that will save us right ? BUT, permanent bulls and crypto...
From 10k, we are in wave C of an ABC correction (see purple line) ... heading to the lower line of the triangle .... completing cycle WAVE E (red line). The ABC correction is comprised of a 5-3-5 sub wave system. Renko diagrams support that we have completed wave A and B of the ABC taking us to the bottom of the triangle (see my previous idea). It's possible...
Hello everyone. So there's been much deliberation over the wave count. Certainly the drop from 10k has had a few minor bounces, and it is hard to distinguish what is really completion of a wave ... which obviously impacts the wave count. So this morning I switch to Renko bars ... looks clear as a sunny day to me. Up to now, over the past 2 days, I've been...
Dear TV friends. Most of those following me will know I have been showing this path for over 1 month. I've adjusted here and there, but the perspective remains the same. For those new followers, please go and look at my previous ideas and please don't forget to like the idea, if you agree! I'm going to stick my neck out and say waves do not fail, at least not...
Colleagues. So, I doubt there are many people left who would say BTC is not in a correction after tapping out at 9.99k. Bitcoin has broken the ascending channel from 6.5k and this confirms, it is correcting. This simplifies things a little. On the grand scale ... look at the daily chart, and refer to my previous ideas. Red Line you see on this chart assumes BTC...