* Stocks have been on fire the last week since the FED communicated their dovish-ness. Certainly that market confidence is spilling into bitcoin. The correlation between equities and bitcoin has been quite impressive since the bottoms (around 3k). More and more corporate portfolios include bitcoin.
For now this looks...
I will be waiting for a break and retest of my boxed zone and a 4H confirmation candle before entering short to around 1.5800.
II must wait for a break and retest as price is currently at 1.27 fib extension so price could still reverse from here. However confluence for EURAUD start with a strong bearish close on weekly showing momentum for the bears swell as price...
This brief projection is based on a full study of the current Intermediate Wave 1 I am tracking for the S&P 500 index. We will see upward movement to begin the week with a top in the afternoon on July 2, 2019. We will likely drop 5-10 points into the close on this day.
The light blue numbers with parentheses around them represent each wave's end point for the...
30min time frame
price rejected from 61.8 fib retracement which can be the end of wave 2 and Start of wave 3.
looking at ichimokou, tenkensen is above kijensen, both are directed upward.
chikou span has been crossed the chart.
forward cloud is ascending and price is above the cloud.
All means shifting the trend.
potential target is 1.3290 and stop loss 1.2980
Been hung up for a bit with some resistance from a trend line (green) after another nice little move.
Seems if it can break and hold above the green line, we could be seeing a nice wave 3, after a classic ABC wave 2,
and yesterdays lovely 20% wave 1.
Lets see how it plays out.
Not financial/investment advice. Invest at your own risk.
GTO breakout on the daily. Looking very bullish on a my major indicators.
Do not pay attention to the time line. The targets can happen in rapid succession or played out.
Everything is fractal.
Could retrace slightly more down to 730 before pumping to 1280-1340.
From here, the trend could totally...
After more than 300% percent gain during the first wave up, Nano has been one of the best performing coins. A correction just below 0.618 fib level in clear ABC pattern has been completed. The yellow resistance trendline has been broken increasing the likelihood for coming wave 3. First target is around 100% gain at the negative 0.236 level.
The drop today was expected. We have just started minute wave 3. We will take out the recent top and most likely see our next reversal between 2830-2870 over the next 2-4 trading days. Check out all in-depth analysis on my site. Still looking for market top by mid-November above 2950-3000. The wild ride is not over yet.
Alphabet or Google is testing its long-term support-line. A clear break below this support-line will confirm that wave (3) has peaked and a corrective decline in wave (4) is developing towards at least 845 and likely even closer to 708.
in M time frame we can see many complete Elliot cycles, which now we are at the mid of wave no. 2.
after finishing this phase i expect a big bullish wave 3
IT MEANS EURO 0.32% 0.34% WILL BE MORE POWERFUL THAN USD IN NEAR FUTURE. AND USA ECONOMIC trade WAR WILL BE HAPPEN.
never miss wave 3
Ralph Elliot speaking from beyond the grave.... Typically speaking, wave 4 retraces 23-38%. We are on an extended wave 5 of wave 3. Those 2 rectangles are measurements: 1.618 x wave 1, 2.618 x wave 1. Wave 3 typically terminates around 1.618 wave 1 (watch that 3000 area. It may not even reach it, but if it did and hit the top of the 2.618 box, that's a sell all...