Part XIII - Failure At New High I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves...
I follow the Nasdaq closely and made this call months ago. The low might not be in but the upside targets will full the bank if you time it correctly!
Welcome back! Let me know your thoughts in the comments! **EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
Could we be seeing the formation of an inverse head and shoulders on the Nasdaq? Happy trading! Linton
We finally saw the 38.2% Fibonacci retracement level tested. Watch this video to see what I am looking at in terms of a possible bear trap and reversal or continuation of the downtrend. Happy trading! Linton
We've been through this rodeo with Bitcoin many times. On a downtrend for the past 2 months and a nice 42% dump from new all time highs set November 11th. Oversold on the daily timeframes on the Stochastic RSI, RSI, and MACD showing signs of confluence. We could bet getting close to bottom soon and another parabola on Bitcoin has formed. We're still in a...
Aussie took a sharp drop last night and is now dealing with the 72 level. There is economic data coming out at 0100 hrs tomorrow morning my time (AUS), so I will be paying attention to that. The Daily chart for mine is modelling a W - X- Y with C of Y in it's early stages. "IF" true then C=A could find Y circa 67 when complete , which would be an outstanding...
Traders can comprehend with the directional trend movement of the candlestick based on the price action fluctuations ....
Depending on where you count elliot wave. Tesla is either in its 4th wave and heading into its 5th wave. or just completed its A wave, heading back up to its B wave which should be around $450, and then heading down to either $220 or $77 which would be its C wave before it continues in the bullish direction
USD/JPY Possible Short Setup One on the H4 Four Hour Chart The daily chart is sideways but it does have some momentum downwards previously The dollar index is overall downtrend but taking a pause right now. Lets see if this is a potential short setup.
Gold Impulse wave 1704 to 1732 and Corerection is going on which will be completed around 1715. We forecast new impulse will start from 1715 for the Target of 1755
THESE ARE WHAT IM LOOKING AT ON MY WATCHLIST, MAKE SURE YOU WAIT FOR YOUR CONFLUENCES TO LINE UP AND YOUR ENTRY REQUIREMENTS ARE MET BEFORE ENTERING A TRADE. ENSURE YOUR VARIABLES ARE TICKED ON YOUR TRADING PLAN.
With what could be wave 3 in place GBPJPY is now retracing. Price should hold circa red 4 of less one degree. Any significant move below red 4 would cause concern and the alternative count to be considered in that the movement is A B C corrective. The base channel was breached quite easily and I suspect that we traded a third wave thus offering a pending...
Gold came lower recently, but it found interesting support so far at 1440/1450 area from where we may see more gains, especially if we also consider what USDCNH is doing. However, I think 1481 is very important level that has to be broken before bulls may come in play. If you love the video, please press Like and support our work, or leave us a commentary below. Grega
Part of what I'm thinking it could be right now... the correction began in 3 waves up in 4th wave, which we can conclude we are heading for a flat correction (3,3,5), it is also very common in 4th wave... an extended flat of regular flat occurring most of the time in 4th wave... also triangles. In this video, I let you go inside my head... the way I'm thinking ...
After the bullish pin par on daily, we are anticipating a bullish wave before the bearish wave continue
trying again on ATOM/BTC. going for a scalp using elliott waves and fib retracement. lets see how this goes...
Hi guys, I'm Rob from Macro Insights. Today I have a piece on Gold outlining why from a probabilistic outcome Gold is a fantastic opportunity on the long side. I believe you have to look at each asset and analyze 1) the macro top-down picture, 2) a fundamental bottom-up analysis of the asset, 3) what is the positioning/sentiments & 4) you gatekeeping, technical...