The price action of SLP suggest we still have one more potential move to the upside. And the move can occur anytime soon with a break of the potential triangle pattern. Trade safe and manage risk accordingly.
Greetings traders and investors from around the world. Happy Sunday... The price chart of OXT is quite interesting as evidence are suggesting we are going to see a rally in coming days ahead. The low from 0.1965 printed and expanding leading diagonal which was then followed by a zigzag that was contained inside a parallel channel. The market find its low at...
Greetings traders and investors from around the World. I hope you have a fantastic weekend? So a quick look at BTC and I can only say one thing... Stay away until you have what constitutes your buying or selling signal. The market is trapped in a sideways consolidation and the more you try to trade it the more you get stopped out. Be patient and hold on to...
It is no doubt that the EURUSD put everyone on suspese as to when the downtrend will resume. However recent price action suggest that the downtrend may have resume. The sellof from the high appears to be impulsive. However, a three wave rally is needed to verify the validity of the trend and thus set the stage for a powerful third wave selloff. Keep an eye and...
The recent price action in USDCAD suggest that we are at or near the end of the ABC decline and the next significant move should be to the upside. Near term target is around 1.3252 where wave W and Y will tend towards equality. Hope you make the best out of it. Don't forget to leave a thumbs up if you appreciate my analysis. Do have a great trading experience.
The price action suggest that the third wave advance has begun and we should expect higher price action in coming days. The 3rd of 3rd Fibonacci projection am looking for price to go is around 7.7 area which is the 2.0 multiple, a common target in the Crypto World. If you appreciate my analysis please leaves thumbs up and hit the follow button. That way you will...
Greetings traders and investors Just want to bring you up to date on FRMUSDT... Evidence suggests that the trend have resume to the upside. The lower boundary of the base channel provided support wich was accompanied by a very bullish candles that completely engulf the selloff we have seen in the past three days. Is the an indication that the Bulls are back,...
It is an obvious fact that correction can be frustrating especially when they take so long to unfold. AMC Entertainment is a good example back May - June the stock rallied to record high in six days gaining over 500% and have since traded sideways untill this days. However, recent price action suggest we are currently tracing out the final selloff and a couple...
One of my favourite for a bull run. The formation of a 1-2 and 1-2 signify a powerful 3rd of 3rd. Please note that the chart is best viewed on arithmetic scale. Wishing you a fantastic week ahead.
The Elliott wave flat pattern is onee of the core corrective pattern denoted 3 _ 3 _ 5. The first wave subdivides as a three wave labeled (A), the second wave also subdivides as three wave labelled (B) usually ending at or near the origin of (A). While the third wave labelled (C) subdivides into five wave labelled 1 - 2 - 3 - 4 - 5. Once the correction ends, the...
The price chart of SHIBA got me scratching my head. Its a combination of confluence that help us pinpoint that we are at or near the end of the correction. The next significant move should be to the upside and we can anticipate well over 1500% in coming weeks.
The price chart of Floki got me scratching my head knowing fully well this is a great opportunity with a small risk. From the low, we rallied in five wave for 9 days with a gain of 693.07% and have since traded in a corrective price channel for 65 days and have lost 82.16% of it ATH value. Moving forward, for those who a familiar with Keltner Channel, we are...
Moving forward we can now argue that the sellof have resume and any bounce should prove corrective and set the stage for lower price action.
As the name goes get your Amory and aim in front of the target... The stock market open in under 30 mins from now the price chart of Under Armour Inc present a bullish setup for a fifth wave rally so get ready. The Fibonacci projection present a good target to aim for.
Greetings traders and investors from around the world. This simple chart with the wave labelling suggest the market may have top and the decline is set to resume. Watch for lower lows and deploy your method to catch the selloff.
The price chart of BTC from march 2020 (covid low) has rallied in five wave sequence to a new high of $69000 having fall short of a 2.0 Fibonacci projection of wave one through two. Trying to anticipate any further rally will be a gamble. From Elliott perspective we should expect a correction following a five wave advance and the fact that Elliott guideline on...
Good day traders and happy new year. Just a quick look at one of the coins on my watchlist confirm that wave two is at or near the end of the correction and an impulsive move to the upside is around the corner. The correction have met equality and 61.8% retracement in addition to have also found support at the lower boundary of the channel.
The price action of Elon has been majorly sideways. My lead hypothesis is that we are working a contracting triangle. Recent price action are early evidence this interpretation is correct. However if we start trading above this two resistance we can expect higher price action in coming days