JonasBenjaminFriedrich

JonasBenjaminFriedrich

I am assuming the index to be in a corrective ABC 3-Wave move up which should end around the 12200-12280 Zone. If this count is correct there should be a nice short swing opportunity in this price area.

JonasBenjaminFriedrich

I am expecting Bayer to make one more Push to the downside and then finishing a longterm ABC-Correction. If we are getting this last push into the orange area I will look for buying opportunities in this stock (price action). It could be a potential level to hold the stock for longer term as a ABC Correction should by then have completed.

JonasBenjaminFriedrich

I am expecting the S&P500 to be in correctiv XWY structure which should find its end around the 76.4% Retracement from the last top. There is a good risk to reward ratio at this point for a short swing. Please dont short this structure blindly its better to wait for confermation on the lower time frames.

JonasBenjaminFriedrich

I am expecting the EUR/USD to finish a abcde triangle consolidation and go into a 3-Wave abc up move in the medium-term. This trade could be either entered now (confirmation in lower timeframes) or after the A leg has been played on the pullback when the B Wave finishes.

JonasBenjaminFriedrich

There is a possible 3-Wave Move up coming. We have seen a 3-Wave move down I am expecting the whole Market to be corrective so I am only counting bigger 3-Waves. We can see in the COT DATA that the Commercials are strong on the Long side and we have come down to a technical Zone on the Weekly. A long position could be taken once we break the 110 Level to the...

JonasBenjaminFriedrich

I assume that we have seen a overshooting B move in the S&P500 and now are in C Wave down which will retrace approx. 50% to the last significant low. This C Wave should play out in a 5 Wave Sub-Count like shown.

JonasBenjaminFriedrich

I am expecting USD/JPY to be in Corrective Structure which could find its end soon followed by another move to the downside.

JonasBenjaminFriedrich

I am assuming that the DOW is in Corrective ABC to the downside of which we are Currently in a B. Here is the Sub-Count of the B Wave.

JonasBenjaminFriedrich

I am expecting the DOW to be in a corrective ABC Structure. Currently the Index is an a B Wave to the Upside which should find its end between the 50-61.8% retracement from the previous Top. We could also go up all the way to the 76.4% that is of course possible. Should we go over the 76.4% Retracement in one strech then this Count could turn out to be false. ...

JonasBenjaminFriedrich

Here is my prefered Wave Count for the DAX 1H.

JonasBenjaminFriedrich

Please take look at the DAX Big Picutre Analysis to understand this EW Count more deeply. Should we break the red control level (around 11740) in the next couple of session then I would prefere this ABCDE Szenrio over the (ABC) Szenario which I have postet prior. As long as the Index stays above the red control level I prefere the ABC count.

JonasBenjaminFriedrich

Please take a look at the DAX Big Picture Analysis to understand the EW Count. As long as we are staying over the red control level (around 11740) there should be an ABC up in play which will end around the 12K level.

JonasBenjaminFriedrich

I am expecting that the German Market will make one more lower Low target Zone should be 11000-10800. Currently we are in a corrective structure within a down trend there are two ways how this structure could play out. The first setup (orange) gives us a Short Swing Level around 11800 the second setup (grey) gives us another Short Swing Level around 12100-12200....

JonasBenjaminFriedrich

It looks like Silver has completed a long corrective phase which has ended in a triangle. Currently we are seeing the break out of that triangle on a Weekly basis. This should a Wave 1 up. I would not invest right now but rather wait for a 50% correction to the last low which should then be a Wave 2 in the end of that Wave 2 I would like to invest in Silver for...

JonasBenjaminFriedrich

I assume that the German Market Index is in a corrective Wave 4 which plays out as abcde triangle (take a look at the big picture analysis). Medium Term goal is the price area 11000-10800. The move down should come in 3 Waves now I see 2 possibilities, either the B wave is already finished and we are in the C down already or we hold around 11600 and need another...

JonasBenjaminFriedrich

I expect Bitcoin to drop into the 8000-7000 area in the medium term. This Zone 8000-7000 maybe even 6000 will then be a key Zone in the decision of which Big Picture Szenario plays out in the long term (take a look at my Big Picture Bullish and Bearish Count). Should we not find Support in the 8000-6000 Zone then I expect the Bic Picture Bearish Szenario to play...

JonasBenjaminFriedrich

This is not my prefered Szenario but it could play out of course. In this count it the area 8000-6000 (50-61.8% Retracements) needs to hold. If the area holds as support a 5 Wave move to the upside could play out which would be a bigger 3, however currently I prefer the bearish Szenario for Bitcoin (take a look at the Bearish count big picture).

JonasBenjaminFriedrich

In this Szenario we are currently trying to reanimate the Bitcoin Hype but this ultimately false and therefore we are in a corrective B wave, which will be followed by a C wave which will kill the hype. This is my prefered Szenario but of course there is also a Bullish count (take a look at Bitcoin Bullish Szenario).