The short scenario (on all indices) is also taking place on footsie and should reach the volatility part soon (as we reach wave 3 on subcount, stops should trigger and offer some nice price moves). Hope this idea will inspire some of you ! I'ld appreciate any like/follow if you feel like it deserve it ;) You can check my indicators via my TradingView's Profile...
It's always hard to predict corrective sequences in Elliott but here's what seems to be the most relevant configuration on USDJPY. Regarding the number of clean subwaves in this consolidation, this is generally the sign of a "Double Three". Sinewave also confirms this scenario as we haven't got a single buying signal. The last signal being a bull TP that was an...
It's always hard to predict corrective sequences in Elliott but here's what seems to be the most relevant configuration on USDJPY. Regarding the number of clean subwaves in this consolidation, this is generally the sign of a "Double Three". Sinewave also confirms this scenario as we haven't got a single buying signal. The last signal being a bull TP that was an...
Don't have the time to make a full text description but to sum up, both sinewave and elliott count tend to confirm an exit point here for bulls on bitcoin . It's time to let the corrective waves take place and wait to have further information on that.. Eventually a corrective short entry could be considered, but to me it seems very agressive at this point...
Short term bull reinforcement to come inside the long term reversal scenario. The multi-timeframe analysis explains all the wave projections anticipated for this minor cross.
Short term bull reinforcement to come inside the long term reversal scenario. The multi-timeframe analysis explains all the wave projections anticipated for this minor cross.
title says it all ! We have an extended flat correction situation on the nasdaq or possibly a "Running flat"
title says it all ! We have an extended flat correction situation on the nasdaq or possibly a "Running flat"
This quick analysis asks a good question... Do we really have a bear trend on gold and other metals or is this just a stop hunt ? I would plead for the second option because the peak showed not a single sign of reversal signal... It sure tried to chase the bulls stops by 'wrong footing' them.. but I'm not really sure about the real conviction here.. I still have...
This quick analysis asks a good question... Do we really have a bear trend on gold 0.05% and other metals or is this just a stop hunt ? I would plead for the second option because the peak showed not a single sign of reversal signal... It sure tried to chase -0.43% the bulls stops by 'wrong footing' them.. but I'm not really sure about the real conviction here.....
I think we're heading toward our extended wave 3 that should point right to the gap close on the german index. Invalidation if the market manages to break the supposed B point. I missed the short on the previous peak (wanted to short 707...) but I'm no missing this one !
I think we're heading toward our extended wave 3 that should point right to the gap close on the german index. Invalidation if the market manages to break the supposed B point.
The count suggested on the previous analysis have just been invalidated this morning, forcing me to update my elliot count on the german index. It appears that we already have done our 5th bear wave on a truncated way (as we didn't expend beyond wave 3). We would now completing the first retracement impulse and would then have found our A point. Should then...
The count suggested on the previous analysis have just been invalidated this morning, forcing me to update my elliot count on the german index. It appears that we already have done our 5th bear wave on a truncated way (as we didn't expend beyond wave 3). We would now completing the first retracement impulse and would then have found our A point. Should then...
The market reversal that we anticipated long ago by this ending diagonal configuration that worked just perfectly and gave me a perfect short entry right on the top. Plus the following reinforcements given by PRO Sinewave & Momentum. This was nearly educational setup here for those who begin with the indicator's reading. Anyway the Elliot count now suggests that...
The market reversal that we anticipated long ago by this ending diagonal configuration that worked just perfectly and gave me a perfect short entry right on the top. Plus the following reinforcements given by PRO Sinewave & Momentum. This was nearly educational setup here for those who begin with the indicator's reading. Anyway the Elliot count now suggests that...
The analysis shows off that the long term bear trend of USDJPY 0.07% may have come to an end on this bottom and the reversal time is now triggering. We may have finished the first wave impulse of this new bullish trend . So we are now retracing to find point 'b'. This subwave is in-trend and can be bought with low risk. Of course as we're consolidating... wave...
The analysis shows off that the long term bear trend of USDJPY may have come to an end on this bottom and the reversal time is now triggering. We may have finished the first wave impulse of this new bullish trend. So we are now retracing to find point 'b'. This subwave is in-trend and can be bought with low risk. Of course as we're consolidating... wave 'b' can...