Two E.Wave finished on the uptrend side. ABC finished. Smaller uptrend is forming, similar to eurusd structure. Wating for second ABC finish chart pattern. I put fibonacci on E.W. 0 to 2 peak and chart reachs 300% or higher. Since structure is similar, even if it's small, it should be fine to say it will go up to reach 300% or higher. Note: Whales will get...
Uptrend Elliot Wave finished two times. ABC finished and minor uptrend was made. ABC again to finish chart patttern. Minor uptrend haves already 4 points E.W. . The fifth point is at 300% of it's own fibonacci. I used the fibonacci inside gap of first peak and fourth peak, jumping midle wave for better structure. I sugest to not buy until further...
Elliot Wave to predict waves with the help of angles Present forming structure is similar to the first E.W./ A to B trend of triangle pattern. If so, then, the fibonacci can be from 0 to number 2 peak of E.W., and can be used same way to present forming structure. It can reach higher then 300% but not smaller, so tp is secured on 300. Notice how on each...
So, it's finally going to do the abc? Will need to reach 300% of volume distribution, that is, 2333.700. It can go higher, so, lets see if it close right at the target.
Waiting for 300%~423% of first wave in 10 candles. 10 candles equals two lower frames E.W.
Lets see... This week seems to be shooting start W1, but, taking trade on lower timeframe, bullish .E.W. finished hitting 423% resistance. Bearish E.W. Needs to finish. Waiting for 300%~423% fifth wave formation. Then goes up to B of abc correction, so it's better to take the risk of buying fast once fifth wave finishes. The B of abc correction is usually fast and...
Abc finish. Second abc formation. Waiting to hit 423%. Bullish SL 2203.107 TP 2208.134
Lets see..., pass below the candlestick that doubled the volume correction of before and use it as resistance while it forms an Elliot Wave to finish abc correction. It reached a 400% resistance, but I don't believe it will stay low. For now, everything shows that it will be sideways and later on, will turn bearishtrend. Lets see if second abc forms...
Lets see..., 15 waves later, volume was corrected, bears loose manpower and start the bullish. I predict in one Elliot wave to reverse, but still unofficial. Waiting to hit 423% zone based on the candlestick that broke up the other 461% zone. If resistance is accepted, small waves should occur. Based on the present strengh on GOLD and EUR, USD will keep weakened,...
Chart reached 461% resistance zone while it made an Elliot Wave that secure the HH of the trend. Support zone has been ignored letting chart go bearish for quite a time. Plus high volume candle needs to be fulfilled, meaning that market will eventually reach 2265.5 to finish correction. Finally, momentum is on bulls side, so it won't go that deep for now; it...
Explain Chart has reached a resistance zone and shows sellers power to reverse the market. Since it stopped with some bearish candle, it proves the intention of reverse. And here is another proof; while buyers where pushing up, they let a big volume candlestick behind making it an opening to bring market to make a correction toward 51k~47.6k. Market returns to...
Chart has reached a 300% resistance zone and is now showing signs of reverse. With this, bears power is greater then bulls and it should reach 423% support zone. Bearish. SL 163.261 TP 162.859
BTC has form recent pattern that leads to a strong bearish momentum that can reach really deep below. Now is the chance to open up nd take the risk. Bearish SL 67102.0 TP 62700.0 2TP 57082.0 3TP let it run
Because of recent breaked support, chart can reach lower. If you already have an open op., you can let it run. Bearish TP 1.06412 SL 1.08088 Note: This analysis is halfway already. Opening a big op. it's too risky.
Double top plus bounce on resistance means bullish trend up to 300%~423%. There is also a bullish flag pattern. SL on LL or just below support or follow as directed. Bullish TP 164.899 SL 159.900 Note: Chart can reverse on 161% of fibonacci.
Double bottom then break and bounce; chart may go between 300% ~ 423% of bearish harmonic pattern. SL on HH or as redicted. Bearish TP 7526 SL 7929
Giant bullish shadow is the start of the pattern three downtrend tops. With this, two bearish harmonic patterns are made and head and shoulders pattern. It will reflect, at the same time, the fight between bulls and bears. At the end a bearish trend will form reaching lower levels, completing correction. I expect to reach double the H&S pattern and then go back...
There is a chance that reach higher. Bullish. TP 0.89988 SL 0.89810