Joe_El

Joe_El

It looks like a huge triangle in Rio Tinto, it is 4000+ days of Triangle! so patience is key, however, I guess it is a good time to accumulate a position for the long term.

Joe_El

In the last 2 ideas, I published about a very late stage and a more risky Bullish Potential, many liked my idea and I hope they did not go buy more blindly. After all the market does not follow me ideas or your ideas, I am going to present the same Elliott wave Labeling with wave 5 of 5 has indeed been finished and Luna heading down! Is it possible even though...

Joe_El

The scenario suggests that Luna has much room to extend at price, please refer to my #1 Idea that has been posted a few minutes ago for more details.

Joe_El

Luna has been gaining fans in recent weeks, of course not because Luna is such a gorgeous Blond or a brunette with an hourglass body but greed as usual. However, I have taken it upon myself to present a conservative Bullish Potential. the Minutte wave in Blue between parentheses (i, ii, iii, iv, v) can be extended that instead of (iii) there is room for growth...

Joe_El

this count is also valid, whether is it this one of the idea #1, either Apple is heading down or has a few last breathes before it falls back to 120$ level or even lower

Joe_El

It looks like Apple has completed an Ending diagonal, if so, look at the Stoploss level I have identified in red.

Joe_El

unless the level of wave (E) in yellow to be broken up, the main count to the recent price action is bearish.

Joe_El

ADA might have finished (iv) already as a flat, Still, I believe it still has one leg down (wave Y of (iv)) to go for, once this ends, Cardano may resumes to (v)

Joe_El

It looks like 3D Systems are about to finish a wave 4 Triangle, 3D has a strong resistance between 25 and 27$ to finish the last wave e of tri 4 then going to take off to new highs, Wave e will be considered done if the price manages to break 33.5$ without falling any further. by the way, the red and green arrows are only explanatory and price does not need to...

Joe_El

Let's see what will happen, btw, it is a log chart. if this wave count is correct then we will touch the midsection of the channel, note that the midsection of the channel has already played a vital resistance role in the past.

Joe_El

BTC needs to break 42.5k$ and eventually 35k$, it is not the only possible bearish path but I like this, after all the market does not care about what I like or dislike.

Joe_El Updated 

I have been a subscriber for some time in the past with the what is called Pro Service which costs around 298$ for months for BullSh*t, as a matter of fact, they don't even distinguish 3 from 5 wave structures, they label 5 wave structures as X or 3 waves structure as impulsive 1 or 5 or even 3 sometimes! Unfortunately, I can not upload the image here but you...

Joe_El

yesterday I published bearish option, well, after today's price action, I wanted to update you guys of a further upwards possibility, but as usual, Triangles proceeds the last movement in the higher trend. it looks like Apple does not have that much to go, I calculated 140€ range as a first target. it is just an idea and the market does what it wants after all! do...

Joe_El

publishing all possible scenarios in one idea is difficult, but let's say, the door for lower prices mid-term has been opened. once again Triangles do the same thing over and over, once you see a triangle, you know that the market has only one move left in the direction of the corresponding trend grade. I am not going to put 100 labels on each other to predict...

Joe_El

another count, just bullish, the first part is the same as #1 but the fall is temporary, then BTC shoots up to the moon! I do not like this count that much, and I do have a better bullish count, but who can tell me where is the weak link in this labeling? is there anybody who likes to think before he/she clicks buy or sell icon?

Joe_El Updated 

I can count multiple paths for BTC, at least 4 labelings, this option is just one of them. this analysis is not an excuse to go short or long, do your own analysis and do not let others do the thinking for yourself! Triangles do NOT lie! if this is a triangle in yellow, then BTC has only one move up left before it falls back where many get scared! The fall...

Joe_El

I believe it can be considered to be bullish as long as price action stays above the yellow line! the Green arrow and the location of waves iii, iv, and v are just explanatory and I didn't calculate any price target. but In commodities wave 5 usually extend! Do your own research and do not just buy or sell on my count/case, be responsible and smart with your...

Joe_El

This count would be (((invalidated))) if Apple breaks above 132 EUR! Can it be really invalidated ? ..... Of course, it can! btw, it is not going to fall in a straight line! ... yes you are correct, in waves, lower highs, and lower lows :)