stromm_by_wmc

stromm_by_wmc

Gold is currently the talk of the town, and for good reason. Having closed above $2,000 for the first time in a month, it's on its way to a new All-Time-High. From the all time high V, it corrected with a flat, an overarching ABC subdivided into a 3-3-5 structure. After forming a triple bottom around $1,618, it surged to $2,070, marking our Wave (5) and the start...

stromm_by_wmc

After reanalyzing the S&P 500, I've made significant adjustments as the previous scenario didn't quite align. According to my current assessment, the upcoming weeks and months might unfold as follows: I still believe that a Wave 5 emerged in January 2022. Subsequently, we experienced a Double Zigzag descent to the $3500 level, where Wave A formed with another...

stromm_by_wmc

Hello Friends 😁 Since our last analysis of the DAX, significant developments have unfolded. We've adjusted the analysis slightly to the left, identifying Wave 3, Wave 4, and Wave 5, or alternatively, Wave 1 and Wave A. In my perspective, the upward trend represents either a Wave B or Wave 2 correction. As long as we stay within the 100% correction, it continues...

stromm_by_wmc

Hey Tesla Enthusiasts! 👋 Today, let's revisit Tesla, where we've had two trades, and both have been remarkably successful. The first trade is still active, and therefore, the new Stop Loss is set at $212. I believe that Wave 1 has concluded here, hitting the 127.2% Fibonacci level. The rebound has been exceptionally strong, and I don't foresee it holding or...

stromm_by_wmc

Hello Crypto Enthusiasts! 👋 In my view, Uniswap is currently in a prolonged accumulation phase on the larger scale. The level at $3.37 serves as our support line and a crucial level for the overarching Wave II. Upon closer inspection, let's focus on two decisive images. On the second image, we confirm that Wave (2) is validated by an A-B-C ZigZag correction....

stromm_by_wmc

Hello Friends 😁 📈 In-Depth Crypto Market Analysis 🚀 CRYPTOCAP:TOTAL There has been a notable need for a corrective wave (4). Upon further analysis, it appears that the correction has taken the form of a bullish contracting triangle. This corrective structure suggests a temporary consolidation and typically culminates in a breakout. It's essential to note...

stromm_by_wmc

Hello Friends 😁 After the peak in April 2023, it OANDA:XAGUSD has been declining throughout the year until now. I assume that this is a complex correction. In the A-B-C-W-X-Y correction, there is a nice A-B-C-D-E correction. The E wave should have completed the entire correction, and ideally, it should not fall back to the previous level. I believe we are in a...

stromm_by_wmc

Hello Friends 😁 The breakout of Ford NYSE:F from the triangle confirms for me that we are in a Wave E and thus in an A-B-C-D-E correction. Wave E has also completed Wave 2, and I expect that it marks the low of the correction for Ford. I am very curious on how it develops 👀 Bye 🫡