Hi everyone!
Today i decide to analize the btc/usd pair, a very hot one at this moment. Thanks by "the elliot wave" i see the BTC is going to push higher, maybe touching the 10500, before the big correction that will bring it down around 7500. Let's see if will be like that.
Thanks for following
Hi everybody
Today i analyze thanks by the elliot wave the SPX.
I can deduce that we are going to have a week of correction. Look the grafich for better understanding on how i use the waves
Let me know what you think
In this chart i analyse the SPX index and i use the elliot waves and the MA 21/100/200.
I believe we are in the 5th wave (look the chart to understand) and in the begin of the next week we are going to see a couple of bullish days since we just entered the 3rd sub wave of the 5th wave
We found a good support on the 2740.
To determinate the end of the 3rd sub have...
In this chart i decide to analyze the eur/usd pair. After touching the bottom and finding a strong resistance the euro is going to take some fields back. check out the chart for a better understanding on how i use the elliot waves. To estimate the waves i use the fibonacci retracement. the chart is on one hour candlestick, so it goes only few weeks in advance.