Hard to tell but it did reclaim previous high from September. Volume has been lackluster compared to last run. IF BTC drops it will drop as well. Breakout from the ascending channel will send it to $8.
Fairly self explanatory this time, read more from previous ideas on gold if not clear. Wait for a good resumption up with hopefully bullish candlesticks, as the bottom of this isn't super clear. It could be a Bull Flag pattern too so that is a possible target for the bottom and also gives us an upside target for a swing trade if it plays out.
BTCUSD predicted will continue the Garley Crab pattern. We will see what happens soon. Keep watching and setup position.
APOLLO TYRES WOLFE WAVE CAN LOOK FOR SELL FROM INSIDE T
Here is the COINBASE:BTCUSD chart with a full Elliot wave count. Let me know anybody who thinks they agree or especially if they think it is wrong! I would love to hear some different takes. I think it seems possible this is the third wave of the third wave (on an extended subwave 5) and is likely this parabolic move picks up speed very quickly. That could mean...
Looks like a sideways correction and I'm waiting for the breakout, preferably upwards. Either way, don't trade in limbo.
Usually a pennant flag is a continuation pattern meaning here we should see more buyers. Alas, this one looks a bit weak to me. If it fails I expect another zigzag pattern (Wave W=Y) just like we had from the previous high. If it breaks out upwards then we can use wave X as the projection for the next rally. Better to wait this one out and see where the pennant...
mapping the elliot wave theory i'm showing the possible beginning of the 3rd wave in the impulse wave .
Wolfe Wave analysis in Bank Nifty hourly chart.
Completion of wave 4 on FSLY going into the close, target wave 5 o 90, and then an ABC retracement to around 77, but that is a tentative target. Copyright Rohan Karunaratne 2020
Again a fall expected in VEDL as it formed bearish wolfe wave on 15 mins TF...
Escorts at all time high with bearish wolf wave at 15 minutes TF… lets see how much correction happens...
HDFCLIFE has bullish wolfe wave at 15 min TF.. Targets on chart...
I am looking for continuation of recent strong bearish movement on 1H, after the conclusion of the current struggle between bears and bulls.