Ecad did do a correction and is breaking trend line. I will be looking for any pullbacks to go downhill. There is another large wave down coming on this one, so I will keep looking for it until I am riding it. This could be the beginning, but need a pullback now. Look for a WXY pattern to box, but let some run if you get good entry.
Notice what price does in this corrective pattern every time the TDI indicator spikes and creates a "sharkfin" in oversold territory. See the daily divergence upon completion (even though this WXY did not measure out to equal length).
UJ's pattern measures and counts out to make a flat pattern before going up to break the high of the correction. It did.t break the high, but did come of the 1.236 extension of the smaller 3 wave leg it is on. If you zoom in on daily, you see the 3-3 pattern. A flat is 3-3-5. It could just start dropping from here or take weeks to turn.
If you watched my live stream and got in from the top (there was a beautiful B wave flag breaking the high followed by a smaller flag for confirmation), those are the target levels to let some run.
feiten: de W en X zijn voltooid. van de Y is de A-wave aan het vormen verwachting: de A-wave eindigt bij de 618-level vd fibinacci-extension-tool. NU IS HET WACHTEN OP EINDE WAVE-B en dan SELL tot einde geprojecteerde einde C=einde Y
This is the exact spot for Umex to go into a WXY "B' wave or make a correction if it wanted to confirm downside.
Gotta be careful with this one though. But it does look to have completed its flag. It can turn into a sell setup, however, it is also possible it makes a much deeper retracement up so keep that in mind
I'm not a crypto guy. I'm more of a probability-risk/reward type of fellow. But if cryptos will survive, XRPUSD is dirt cheap and has swung my favorite number. If you look at the beginning of this chart, price went sideways for half a year around this area. The whole question is, will it survive? if it does, then a low leverage long term position makes sense to me...
As easy as pie. LOL. This is actually my favorite position for price to be in... B waves baby. When do you take profit? When do you let it run? The answer is both, always. At least in my opinion, when you are here. I said buy from bottom. Sell from the 1.236. May have another buy coming, then maybe a sell. If the dollar creates more of a "B" wave then that would...
If you saw my longer term potential move, Nchf is at a point that you could possibly get a scalp and let some ride. But watch that zone that I circled because it can break the high and pull down.
If you are not already in the Gold buy, see if it does a 7 swing. If it were to go down exactly as I have drawn, then that is a pattern and fib area to look to buy in the zone. It can just go up from here, but it is very risky to just enter right there. You should probably already be in it if you saw my past analysis.
You might have to look at this for a little bit to see what I'm saying. I'm simply illustrating that Silver is still on its "B" wave. The reason I say this is because, after our "W" of the larger degree, it has been in what seems to be an obvious corrective swing pattern. It broke the equal length-1.236 extension of smaller wxy pattern (which should not be...
I see audnzd to be on its "B" wave. Considering everything, I think it would make a lot of sense for this pattern to make one more up, possibly to break trend line and then downside. I think that would complete this small corrective wave it is on on the daily/4hr. If it follows that structure, that should mean nice sell upcoming. Then considering the pattern,...
At this point Ncad looks like it is making a flag to go up. Equal length just breaks the high of correction.
3 oh its the magic number I love charting BCH Actually I feel like 9/10 BCH moves first in the market, and I like being ahead of the game ;) Seems to me like we are currently in a WXY correction pattern, currently in wave Y, with the bottom near. There are VERY BEARISH feels right now. I feel very positive about this strong downwards movement. RSI overbought...
Green waves show an impulsive bullish potential Orange WXY pattern showing a potential longer corrective pattern with a lower low yet to be had maybe EOS is tethered to BTC's performance, maybe it isn't. WE shall see, but these are scenarios i am preparing for. not trading advice, just observations. just buy and hodl btc if you want to be safe, and when i...
I posted this before. I believe the correction to be completed and looking to take it down. You see the 1.618 level. the 1.236 extension, which is usually what this 7 swing hits, lines up with the 78% fib, so I would let some run to there, and then look for a long opportunity, which will be much more pips.... Those MA's are the 200 and 800 that it is below, as...
I pointed out the level on Ncad last week. Refer to my daily or weekly chart if you can find it. Stops should be in profit at this point. Right now it is correcting at trend line and looks like it will go up again. The 4hr can show more room down, but it is turned up on the daily and looks like we should at least get more correction up. The best scenario would be...