Please see bitcoin carefully and you maybe agree with me that triangle structure is just get breakout. So that wave IV must becoming simple abc correction. Next lower target for bitcoin is between level $ 28361- $ 25589.
For me, USDJPY move as correction to forming intermediate wave (2). There is triangle pattern and I consider it as wave minor B. What my concern is if we set buy limit between level 103.779-103.661, so we can get small stoploss at 103.573, and potential huge profit around 150-200pips (I can say that target profit between 105.429 till 105.863).
Why we must consider using supply demand and elliott wave?? Because both strategies are make sense and I can say they are can read representation of humans psychology in chart. Take your time to see my analysis of XAUUSD above☝️, The point is cycle I is really finish on supply demand zone around $1952-1965 , then the price reversal ; get down to level $1900 as...
Natural Gas is really go up as I expected from December 30,2020 ( ). But for now January 07,2021, I assume natural gas can get down to make intermediate wave (B). After wave (B) is complete, so then the price is will be going up again to the next upper level between 2.991-3.267 as intermediate (C) of B.
For me, litecoin is basically in bullish trend, which supercycle (III) was finished on 2 days ago at level $174 then dropped and made correction minor A and today, I think correction minor B is just finish between level $165-169. Next lower level for litecoin is demand zone around level $127-123 as correction minor C of supercycle (IV).
I am really surprise to see Litecoin because on end of year 2020, price was made triangle structure, then yesterday on January 2 till now, price bullish and touching level $154. But if we see MACD below chart, there is divergence. Hmmm what I think right now is Litecoin will be going down soon or later to making correction cycle ABC of supercycle IV. Next target,...
It very clear that USD Index in bearish impulse , but for end of December 2020 until early of January 2021, I believe USD Index keep going down to green zone, after then USD Index will turning up.
Natural Gas still in progress to do correction ABC primary of cycle wave II. You can see , there was a gap on last week, and for me personal, that was the ending of primary wave A. I think what next happen is NATURAL GAS will go up to make retracement movement as primary B. Next upper level between level 2.991-3.267
Litecoin is in bullish sequence. Wave cycle III was finished when Dec 20,2020, then made complicated correction WXY of cycle IV. And if you have eagle eyes, you realized there was impulse bar as bull code , so I assume cycle IV is finished WXY at level $94,47 then went up to level $102-103 at this moment. Next upper level, I think can between level $115,91 - $117,33.
Since March until December 2020, bitcoin rally to go up from level $4489 as cycle wave II until reach level $24235 as cycle wave III. Next movement, bitcoin do correction intermediate ABC of cycle wave IV, which final correction can be ending at level $17585.
Dec 9,2020 cycle wave II was completed, then the primary wave 1 appeared. It contains 5 intermediate waves and all of them ending at level 2,719 then dropped to level 2,603 (correction intermediate (A)). This means intermediate (B) and (C) are must be happening as part of primary 2. I'm expecting the price will reversal when (A)(B)(C) of primary 2 is finish at...
I just finished re-analysis this chart and found the intermediate (4) looks like triangle untidy structural. Then price went up to finishing primary 3 then dropped and was made (A)(B)(C) correction in primary 4 {level $45,37}. So next move is going up in order to make last impulse primary 5
When December 08, 2020, a triangle structure primary B was completed. The price was dropped from level 24,853 and stop at 23,852 ( this is intermediate (1)). After then, there is complicated WXY minor correction of intermediate (2), that I assume it just finished today, and have the chance to get a huge drop to making intermediate (3) at level 22,151✴️Silver...
14 Nov 2020, Primary 2 was completed and until this day 10 Dec, price is in progress to making primary 3. That primary 3 must be consist 5 intermediate waves, which intermediate (1) & (2) were done all at level $40,58 on date 17 Nov 2020. So I decided to putting invalidation level on that. If you see, there already minor wave 1, 2, and 3 of intermediate (3). And...
On 1H timeframe, this Monday 7 Dec 2020, dollar yen is getting drop and I assume it is last down as subminuette c of (ii). However, turning point is in between retracement 50% - 76,4%. Next upper level is 105,501. ## FOR SAFETY ENTRY BUY, make sure the price must breakout BUY CONFIRMATION, after then yess you can open buy ##
On 4H timeframe, USDJPY was finished impulse intermediate (1) on Nov 9,2020 at level 103.111. So I can say, USDJPY is in correction intermediate (2) structure this week. Those correction intermediate (2) .already consist 2 minor. They are A and B, which they were formed from 11 Nov until 23 Nov. This a sign that USDJPY can go up to forming minor C , which minute...
* As of January 24, 2020, Intel fell from the $ 69.28 level. It was the start of the impulse Grand Supercycle x. Obviously this will develop into 3 descending waves of Supercycle (a) (b) (c). ** Supercycle (a) will move in 5 Cycle waves down. And it's clear that as of June 1, 2020, Cycle II finished at $ 65.09. Earlier also, Cycle I finished on March 16, 2020, at...
And today 27-11-2020 , YESS bitcoin is getting down after hit around $20000. Level intermediate (A), I think it just finish and price will go up to making wave (B), then price will continue going down again to level between $14000-15000 ( as intermediate wave (C)). For long term, bitcoin I assume still bullish to continue build cycle wave III. Thank you for read.