Hitting the 12 k would complete the 3 waves of the X wave which could lead Bitcoin to a massive brutal crash for wave Y all the way down to 2k levels. The final wave of a WXY correction is often the fastest so it could easily be the next way bitcoin does the unexpected...
As the title suggests. After a plethora of analysis. I believe we are just about to begin the final 5th wave down to complete a WXY complex zig-zag on the grandsupercycle timeframe. This theory corroborates my other NASDAQ predictions previously posted. This theory, that we will see multiple legs down and extreme volatility in the coming weeks. To complete...
As title suggests, we have completed an Elliot complex WXY ( 5 - WXY - 5 structure: 3 seperate timeframes). This analysis on the NQ100 NASDAQ futures. I am expecting a sharp rally this week. A retest of ATH, and fail. I then expect to see a 3 wave pullback off this 5 wave impulsive move up from lows. That making a 5, and a 3. Then another 5 wave move up...
I'm considering that to be an expanded flat and a flag for a sell setup to break the low.
I see more opportunity trading Cad over the Dollar right now. Cadchf should keep trending up consider the pattern. I don't see it making a larger flat structure here, just going up.
Bitcoin still draws the correctional movement wxy, the essence of the model has not changed, only the appearance has changed. We thought that the price forms a triangle as a pattern of the continuation of the trend (downward), but did not take into account the factor that another half of the traders also thought about it. In general, they will be right if their...
$BTC where is the pivot? WXY B within Z from $3,8xx low
Its the final count down on dxy before it all goes bust. 106/107 and it has no more energy. all the lines are on the chart. expected time period for crash , April 13th. Good luck guys lets make a ton of money :D always use money management and stop losses ! stay safe !
I assume the next three wave move up on weekly/ monthly frame. This may be the trend for the next 5 years to test the high of the 2011.
1:1 WXY correction complete with a clear 5 wave count for wave Y and gradual declining volume as bitcoin rises. 4 hour bearish divergence now on the 4H OBV. If this count plays out, we should be starting wave 3 of 5. If wave 3 is a 1.618 extension of wave 1, I'm expecting this wave to complete somewhere around 5150. A 2.618 extension will see an extension to...
Type Of Correction: The main difference between a regular A-B-C correction and a W-X-Y is the sub-wave count. While the A-B-C formation often has a 5-3-5 or 3-3-5 wave count, every wave in the W-X-Y correction consists of three sub-waves, amounting to a 3-3-3 correction. Since the W and Y waves often have the same length, this correction could end in June 29,...
Wave Y may be still in progress, with the wave b inside it taking the form of a running flat.
This is such a textbook 7 swing structure... So textbook. Trendfibs line up with pattern perfectly at 7000.
There.... That is the way to properly label the 7 swing.... I would have liked to have seen my TDI spike on the wxyxz leg, so it is possible that pattern extends past trend line and becomes just WXY, either way drops. If DXY continues down, it's already on the way. I think it is.
XABCD - Crab WXY Good Luck
I love those wxy dirty tricks by USOIL. I expect this to happen during this week.
The channel is not perfect but hey this is gold. Gold is never perfect and always misleading. Counting waves and seeing wxy subdivisions helps to identify those upward corrections while everyone is short.