It is of great importance to grasp the concept behind the wave theory. The market always repeats itself,wave theory is over a hundred years old but nothing has changed and you can never go wrong on whats to unfold next. we made entries towards the end of the second wave (.8358) and our journey does not end on the 5th wave, we selling correction as well. set...
we've prematurely tried to short gold before and failed, nonetheless main trend remains bullish and from the Elliot Wave point of view gold is currently in the 5th wave (incomplete)of the cycle, it is my believe that gold will rise much higher in value to complete 5th wave. FOLLOW,LIKE AND COMMENT TO SHARE YOUR PERSPECTIVES Regards The Capitalist
The idea is to buy the 3rd wave after final drop to 78.6%rt/after completion of 2nd wave of the elliot wave count. As we know the 3rd wave is the longest wave in the theory of elliot wave counts. the expectation is to hold this as a long term investment with magnificent returns. GJ and GU are correlating pairs, refer to my previous recent publication on...
From a technical point of view, EU has come to an end of wave 5, lower timeframe shows price accumulation around that zone (1.0906), now according to the market cycle theory-markup follows shortly after accumulation, the idea is EU will pullback and retest 61.8%fib. If you find my ideas useful, please like, comment and share your perspectives. Professionally...
Please refer to related ideas link below for bigger picture. Please don't forget to like and share your perspectives. The Capitalist
Good Day Investors Today we look at long term investment on gold. Gold broke 1523.80 support around April of 2013 and today we looking at a complete retest of that breakout. gold could give us a potential drop further south 1043.18, for more dimensional views, I'll post a weekly chart straight after this. Please like and feel free to comment and share your...
Good day Investors with Brixit coming to an end, here's yet another outlook on gbpchf. Breakout-retest abc wave in progress
Good Day Traders With Brixit and interest rates messing up our GBP setups, thats over now. we have a look at GA for future investments with returns. the idea is to sell from 61.8%fib/rt. Around .618 watch price action lower time frame for entry. Preferably use of limit orders If you find my ideas useful, please like and comment, share your...
Good evening Investors - I hope you find my ideas useful, please like, and comment. - Sincerely The Capitalist
Hi The idea here is to trade corrective wave from wave C of the bigger picture ABC wave. Elliot Wave Count
Good day everyone This is an update of an earlier publication, please check below there's a link for related idea. with Brixit coming to an end, there a chance that the quotes will go down and the GBP interest rate will most likely go up. *Long-term timeframes show downtrend with monthly correction. *Weekly and daily timeframes (medium-term) show an...
price range corrective wave from 5
Breakout ABC in play corrective wave channel range
Could this be the future GBPCHF? price is currently in accumulation, will there be a markup (north) or will it break 38.2% rt. and head further south? and what if we are entering the 3rd wave from the bigger picture? 2-3....... lets find out
* pair in a corrective wave * EU is currently in the 3rd wave of the market cycle. * The pair has already broken out of range. * selling the 4th wave
we are in the 4th wave of 1-5 which is also part of wave B to C of the bigger picture. wave C rests on the 50%rt line.
3rd trendline touch, bounce off from 61.8%rt.