Just an idea.. another test of the beta Wolfe Wave indicator
Recently I was following BTCUSD through its consolidation up until break of structure last Friday 6/10. That series was a local analysis/predictive tool using continuous-time markov chain (CTMC). This is a bigger picture analysis using charting techniques centered around supply/demand trendlines and a statistical method I developed in R studio that measures...
This is a typical bullish Wolve Wave that is on the final leg down currently. Expecting whipsaw reversal starting as soon as tomorrow, but main bullish price action will be around June 15 on the full moon (literally howl at the moon). Expecting the yellow trajectory to play out and complete EW wave (5) around 430. The chart contains all the info you need to know,...
I posted a bullish idea for SPY (linked) where I did not go into detail about the wolfe wave - I am seeing major confluence with EWT, wolfe wave projection, bigger picture downtrend resistance, target via an indicator I love called "ADX Breakout", and time series forecast for both SPY and QQQ . There happens to be a full moon (a SuperMoon actually) on Tuesday...
I have never has any interest in Bitcoin nor its derivatives. I like the technology but believe we are still in its early days. That is not to say however I don't follow it. One equity way to position a Bitcoin view is with GreyScale Bitcoin Trust. So currently on a weekly basis there there are two current bullish harmonic Patterns in play ... A...
➡️ Hi Trader's ,, We Have New Setup For " USDOIL " ➡️ Time Frame : 4 Hour's ➡️ Pattern : Wolfe Waves ➡️ Entry Point : 118.70 - 119.500 ➡️ Stop Lose : 121.000 ➡️ Target : 110.000
Could we be seeing the formation of an inverse head and shoulders on the Nasdaq? Happy trading! Linton
TA: RSI shows downtrend and divergence, Wolfe Wave's 6 started. Stop-loss: the high level of 6 wave Take-profit: 1) the level 4th wave or optionally 2) the full potential of 6th wave
Now the Wolfe Wave pattern activated are we going to see a rally towards 17,000 ?
Hi, I decided to play around with a Wolfe wave and falling wedge... sort of just technical analysis p**n. Good buy rn xD Safe Trading -Pulkanator
When a coin drops it is merely instinctual to pick it right up, thats money we're talking about, can't leave it on the floor... Using a term I coined, harmonic wolfekraft, I have obtained the following scenario for COIN. Summary - Look for a bounce around 135 this week (4/18-4/20 range most likely). The bounce zone is 130-140. If it drops below that we...
We finally saw the 38.2% Fibonacci retracement level tested. Watch this video to see what I am looking at in terms of a possible bear trap and reversal or continuation of the downtrend. Happy trading! Linton
Price is working the bottom of the channel to form a third bounce. The forming pattern is potentially Wolf waves (5 waves) but it's too early to affirm that.
Iron Mountain (IRM) has had a 35% run in 35 days. I have indicated a Wolfe Wave formation which projects a $48 target in early May. Overlay this with a Harmonic Crab Pattern which is the basis of forming. (For purists this developing Crab pattern may not meet their more exacting criteria.) Additionally the indicator in the bottom panel suggests a forming top...
This type of scenario/projection requires you to use your imagination a bit - align that with some solid math and some extrapolation and what we have is a very possible near-term scenario: - Imagine FB never gapped last earnings, what would the price action look like. Is it possible it was forming the final part of its distribution phase that would have decreased...
At the end of the day as long as this stays above 233.68 its a Buy. - Bigger picture is NFLX can complete a Running Flat C wave if it stays above 233.68 (i.e. does not retrace more than 100% of wave B - The 5 count of wave C has formed a wolfe wave with the equilibrium point slightly above where it looks like it will open today (i.e. supply = demand near 272) -...
Look for a drop to around 104 (102-107 range = bounce zone) to start next week, followed by a pre-earnings run to 130s, then earnings pop/continuation to low 160s. After that it will be time to get short for a drop back to 120s-130s (will revisit and adjust for precise levels along the way and send updates). Logic : - My model for overall market (in sync with...
A lot of bullishness unfolding here so I will start with the targets and break it down how I got them and why I am so bullish on SQ. *Initial Target = 138 ; time to target TBD, what I'm looking for is 3 consequtive green candles at the 2 hour level (estimating time to target occurring before the end of April) **Intermediate Target = 157 by 5/4/2022 - I will...