LukeSkywalker

LukeSkywalker Updated 

Greenbox illustrates the buy box. We had 5 waves up on FB and we are now seeing a ABC correction down. Buy-zone is between 165-158. Target is near the last high at 201.

LukeSkywalker Updated 

IF SPX goes above 3160. This count is invalidated. Red box means shorting box.

LukeSkywalker Updated 

Tesla just finished its 3rd wave or C Wave, we simply do not know that yet. We are aiming for a 0.5 retrace to 278. A stoploss should be set at 358.

LukeSkywalker Updated 

Yeti just finished its C up, its time for the retracement. We are looking for a 1:1 retracement that means 21.69 is the target.

LukeSkywalker

Apple has finished its 5 waves up for the uptrend. We would see some major selling between this level: 270-285. I would place some shorts there. Target is a 37% drop from the high at 166 USD.

LukeSkywalker Updated 

I have been looking at 2 scenarios in this market. 1: The bullish count: As we saw the (a) wave did an ABC pattern, which a must for an A. Then the B proceeded to make 5 waves down and bounce of the 0.618 fib which does make it look like an ending to the correction. Then we had a wave 1 in play, proceeded by a wave 2 down. So our wave 2 has not yet gone below...

LukeSkywalker Updated 

Everytime bitcoin has came across the Golden pocket also known as the 0.618-0.65 fib we dumped. What is stopping us from doing this time? We hit the Golden pocket these dates where price dumped: 3rd of May 2018 27th July 2018 02st September 2018 And now 26th of June 2019. If this is true, this would Btc to a target og 2-3k.

LukeSkywalker

BTC is at the last 5th wave of the Correction down. If we were to see a bounce this is where we could expect it. I would place longs between 6200-5800. It cannot go below 5650. If it were to do so, the whole 5 wave structure would be invalid.

LukeSkywalker

If we look at XRP, we are repeating the same pattern as last time. We pump, then slowly start retracing down to the 0.618-0.65 fib. This time, we hit another fib level where we could see a bounce of the 0.618. So just by looking at the chart we know 0.65 ratio is important. Then we look at the 4H RSI, we have it breaking the support line we hold... That dosnt...

LukeSkywalker Updated 

We appear to be at the current resistance again There are now 2 possibles which is going to happen: 1. We either break up and target 3019 2. We either break down and target 268. I think possibility 2 is the most likely. I will be shorting 294 with a very tight stoploss at 295,2 The target is 268.

LukeSkywalker Updated 

2950-2977, is going to be the resistance area to look out for. If we get any significant resistance there, SPX is going to turn into a big downtrend.

LukeSkywalker

To keep it simple, we have 5 waves done on SHOP. We can expect a first pullback to 276 USD, if that level breaks we have a target of 246 USD.

LukeSkywalker Updated 

11900-12100 servers a a temporally resistance level. Which also looks like an ABC correction. We will see if this level will be a strong enough retracement to get a potential pullback down to 6400.

LukeSkywalker

BTC can only go to 9680, if the long is valid. Everything under that would invalidate the long opportunity. The long target would be the top of the triangle formation at 12.400. If it breaks that levels its likely to test 7800 as the new low.

LukeSkywalker

Currently we are in a ABCDE formation down. Next target is 141 USD, where it will make a corection up to 151 USD for the (e). In my last post i noted that transportations are also expecting a correction down, which should take IWM with it. Therefore the larger target of IWM is 112 USD. Best case Scenario we are looking at a target of 99 USD.

LukeSkywalker Updated 

Last time we bought the dip at 161, and now we could be looking for a C retracement down. For a B retracement FB cannot go higher than the previous high at 198, if it does that we have higher highs coming. C target would be around 150 USD. Please like the post, to be updated.

LukeSkywalker

SPX is doing an ABC Targetting 2883.

LukeSkywalker Updated 

Follow the waves for gainz ;)