in my opinion we have completed WXY correction that i was talking about for some time. this is wave 3 and my target for end of it is at least 18K. i'll show you why
Silver is sporting a very solid bullish structure and should just takeoff like a scalded cat ! A ABC consolidation followed by a impulse and then another abc consolidation, so we are essentially looking at a powerful wave 3 advance that can begin at anytime. Minimum target is $22 and can be achieved very quickly, possibly within 30 trading days.
CMG has had a helluva run, but I am of the opinion that it is reaching the top of it's 3rd Wave up, sitting right at the 1.618 fib extension of Wave 1. Also very near current channel resistance trend line, which adds to the short idea. Personally I look for the pullback to drag CMG back down to the low 600's, around 615-620 area most likely. Crazy as it may sound...
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...
* 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...
a solid daily close above the trend-line would suggest a valid break out and would suggest wave (3) rally could be under way note alternative count in grey
GBPUSD 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...
Based on my analysis. EURJPY now completed the wave 2 and now waiting for wave 3 Still waiting for confirmation and I looking for any clues based on CS / pattern at this area before BUY.
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.
The target of the wave number 3, is 229 U$ 161.80% of fibonacci extension. Broke the longterm downtrend line since the all time high The volume is huge for th bulls. Will follow BTC, if BTC dumps
Expecting big things out of this coin but right now, just a 1/1 of wave1
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.