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i had to cut the video a bit short but i was able to lay out the two possible scenarios for this asset.i just wasnt able to lay out the potential trade setups in the coming weeks. the two long term views are shown here though
this video has very minimal technical analysis. given the very clear manipulation in the sp500 we need to use logic,reasoning, and the laws of the fibonacci sequence of numbers to try to wait for an optimal entry. i explain the basics of how and why the money flows into the sp500. big thanks to the fed for being corrupt and pumping stocks btw. theres a very clear...
This video was a request from TLCISTHEANSWER
This is a longterm perspective of where we could see price action heading. the smaller time frames are very hard to count as far as elliot waves are concerned so i used the fibonacci retracement and extension tool to help clarify what may be happenning. i used this strategy along with the exponential moving averages to...
this is an update to my continued analysis on NKLA. i use elliot wave with fibonacci retracements and extensions to build a road map of where we could be going. i show both bull and bear scenarios but i am leaning towards a bigger sell off of this asset.
i accidentally left out the indicators lol sorry.
The daily rsi saw overbought divergence. i would like to...
i would wait for a breakout of the descending triangle before going long.very risky but could pay off big if your buying at the longterm support line in green to keep your risk as low as possible.
indicators are neutral because of the long sideways action that price is getting squeezed into.
good luck man