First, I have to say sorry for the busy chart (BTCUSDT) , but my chart needed these lines . Please spend a few minutes on it.🙏
Location : BTC is on Corrective Structure ( Zig zag 5-3-5 ) for about 51 days (From 64795$ until LIVE price) and I think that this correction will take more time from us (maybe 2 months , just prediction ).
My idea :...
In h1 timeframe, it seems wave C after an ending diagonal 5 waves finished.
but I have to wait for final signs.
I think break out the price of last top that shown on chart with green line is a good sign to shown that wave C is finished.
and it can be a good trigger for a long position.
the red line can be a good stop loss if my analysis will not be correct.
subminuette wave v closed
we are running minuette wave (iii) of minute ((c))
critical price area 1.2100 (PP - fib 0.382) - 1.2118 (fib 0,618) - 1.2068 daily close
ALT: subminuette iii of minuette (c)
daily volatility range 1.2033 - 1.2120
The price of Tesla ( NASDAQ:TSLA ) had been going down in a 5 waves manner, which was followed by a double zigzag correction,
implying the next possible move will be another 5 waves decline
The only 2 possible patterns which can be formed in 5-3-5 are either an impulse (5-3-5-3-5) or a zigzag (5-3-5)
Therefore we can set two targets for this trade (or just...
Last posts were great, I was able to predict TRZ and PRZ on BTC/USD chart.
On this analyze, I tried to show you complex waves & next TRZ and PRZ.
Still, we are on corrective wave (Running Flat, micro wave 3 of main wave C), so please do not open Long position for Long term.
I published my last post by Classical Technical Analysis.
Now, we are on micro wave 2 of Main wave C on Correction position (End of micro wave 2 is too close).
I tried to predict PRZ and TRZ on BTC/USD chart.
Find Best Trigger for open Short position.
Running Flat is running now. I have to remind you, we are on Main Wave C on correction Position.
You can watch Flag and Head and Shoulder Pattern on BTC/USD chart.
Please Find Best Trigger and open Short Position (Do not forget put Stop Loss for all Positions).
Wave B usually travels to .38% of Wave A, that would be a regulars Zig-Zag Retracement. If price traves above 0.38%, it will then form a flat correction which will end around or above 0%.
Currently the correction looks like a regular Zig-Zag, after bouncing at 0.38%, C wave will travel down to 1.61%.
With more data available, I am further homing in on the next reversal point and end of Intermediate wave 4. Due to prior projections and EW guideline violations, this forecast should finally find the end. It looks like Minor waves A and B are both completed. I am still projecting a gain early on Monday, but further downward movement during most of the week. All...
SAPR11 is almost finishing its Corrective WAVE C down. We should see a thrust upwards marking the start of the next impulse upwards, on it's way to breaks the highs seen on the start of the ABC.
SAPR11 está quase terminando uma onda corretiva C para baixo. Devemos ver um empuxo para cima, marcando o começo do próximo impulso, a caminho de romper o topo feito no...
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Our US crude oil setup:...
The volatility in gold has been quite challenging the last few weeks.
Gold appears to be in the final throes of intermediate wave B which would account for the massive volatility.
Wave C down is next and should take gold below 1000 if Wave A = Wave C.
A minor new high is possible but a collapse is ahead.
Most difficult task was to put wave 3 correctly. Finally i figured out it correctly. This could have gone complete wrong if I have putted wave 3 at the place of wave 5. We have caught this trade at most perfect time. This is gonna fall like hell. We will see all the D1 candles all red until it breaks below wave (a) or all red candles to atleast 1500. Gold has...