LongIf the price has broken through the latest effective fractal of 4h, and 4h ao is above the 0 axis green line, and ac has two green lines above the 0 axis, then gold is expected to continue to rise.
Bill Williams Indicators
If it breaks through the white horizontal line, it will be longIf the price breaks through the white horizontal line, that is, the latest 4h effective fractal, then wait until the latest 15min end fractal is formed. At present, there are dished buying signals in ao, and two green lines above the 0 axis in ac, and the most important thing is to wait for the breakthrough of the white horizontal line.
Waiting for breakthroughThe white horizontal line in the figure is an effective upper fractal, and the yellow horizontal line is an effective lower fractal. The upward breakthrough will test the rectangle on the track, and the downward breakthrough will test the rectangle on the track. At present, ac and ao support upward breakthrough. Once the breakthrough occurs, the position of the green horizontal line in the backtesting will be long. Stop loss yellow line. However, ao has a deviation at present. In short, wait for breaking through an effective fractal, and then do the backtesting.
LongThe rebound of the whole market yesterday was impressive. Today, I think the rebound has not ended, but the space is not very large. Next, we face callback. At present, 1h breaks through the effective fractal, but the distance is too far, which also means that the future callback will retest the effective fractal of 1h, so we look for a 15min fractal. Target pivot point drag position.
Short1h breaks through the effective fractal, and ao deviates from the zero axis. If you continue to rebound, you can try to short.
LongIt's better to modify it a little and wait for a correction before doing more, because it seems that there is still a wave of small corrections before it can rise. Ao breaks through the effective fractal, and the ac bottom deviates.
LongThe 1h break is effectively fractal, and ao reaches above the 0 axis. If you call back, you can go long. It seems to be better than audusd. audusd had better also go long after callback. My previous post was hasty.
AJ Bearish Continuation Idea 1H 7/22/22Waiting on price to B&R the 1H zone before getting into another sell
ShortThe decline after the intervention of the Bank of Japan yesterday was impressive. This also indicates that the yen will come to the end. 4h below the effective lower fractal, expected to continue to decline.
LongGold broke through the effective fractal of 1h and is expected to continue to rise. At present, the callback has been completed and the 1700 dollar level will be tested, ending the trend of this week.
Short ROKU @ 62.00 Fractal BreakoutAlligator's mouth is closed on the daily and price is close to the Balance Line on the weekly.
Price is below both Balance Lines.
This does not look like a setup appealing to Bulls (if you see any bullish pattern please let me know). If the 62 weekly fractal is broken, there should be little resistance to the downside.
Stop loss as always is a close above the daily Balance Line.
We'll ride the wave (if there is one) as long as it last, so target will be (as always) also a close above the daily Balance Line.
Cheers.
Short NFLX @ 218.74 Fractal BreakoutToday NFLX is breaking the last daily fractal of 218.74 to the downside.
On the weekly it has also tested the Balance Line, having had two crosses over the last month. Right now, the weekly is also below the Balance Line.
Stop loss is closing above the daily Balance Line, which is also the signal for whenever a target is reached.
Bitcoin – this move will fool us!Hello, everyone!
I study in detailes the trading chaos. First time I tried it in 2021 and was unsuccessful. But I used some concepts from this approach which brought me the profit and true predictions. I decided to not give up and continue to study. Today I wanna show you my thoughts about the Bitcoin for the next week.
Let’s take a look at the 4h timeframe BTCUSDT chart of the WhiteBit exchange. The dump from $25k started with the obvious 1-2-3-4-5 Elliott waves cycle. It was the wave 1, we can wait for other 4 waves in this cycle. The first wave was finished because of divergence with Awesome oscillator between subwaves 3 and 5. Now the price is forming wave 2 as the ABC correction. Wave A is represented as the triangle a-b-c-d-e. Now the price is in wave B, which can collect liquidity below $19500. After that the wave C is anticipated which can hit 0.38 Fibonacci retracement level of all wave 1. The target is $21500 before the new dump below $17500.
Guys, I also wanna hear your opinion about such waves charting, because I am learning this approach on practice. Of course I am sure about global picture, but in local timeframe I am struggling to predict the price move.
Best regards, Ivan
Ethereum – when to buy?Hello, everyone!
I ususally make an articles only about the Bitcoin because it’s the cryptomarket’s father. But today I decided to review altcoins because they can demonstrate more significant gains. Today I am going to talk about Ethereum.
ETH demonstrated strength against BTC and most of treders now are interested in it. Ethereum is copying the Bitcoin’s waves structure, but has more impusive wave 4. It means that wave 5 could be not so deep as we can suppose. I think the wave 4 is finished and while the wave 5 on the Bitcoin have almost hit the lowest low in this cycle, ETH is staying much higher.
If we take a look globally the wave 4 have not even reach the Fibonacci golden pocket, just 0.38 – the ordinary wave 4 correction. Look at the awesome oscillator. Waves 1 and 3 have almost one value – it means that these 2 waves have the same power. Wave 5 should not be so poweful. It can be even trimmed. We have to watch carefully on the daily timeframe also and not to miss the bottom. I will tell you when Ethereum form the bottom in my interpretation.
Good luck!
Bitcoin – last bearish impulse!Hello, everyone!
I am so excited because Bitcoin is showing us the last wave into this annoying bear market. I have already started to buy BTC and altcoins and prepaired my bag to go almost all in very soon.
Let’s take a look at the 4h timeframe BTCUSDT chart of the WhiteBit exchange. After flashing the insane short signal at $24500 the wave 4 was finished. It was represented as the ABC correction. Now I am waiting for the last wave 5. I think that subwave 1 inside wave 5 have benn already formed. Now it’s time for wave 2 which will reach $21500. The overall anticipated structure of wave 5 is the terminal diagonal triangle – the only one formation where the wave 3 is not the longest one and wave 4 can overlap wave 1. The previous global wave 3 was too impulsive, after such huge waves final wave 5 is the trimmed which I am waiting for.
Be patient – bull market will start soon!
Good luck!
Short ABT @ 107.45 Breakout FractalABT just closed below its last bearish fractal of 107.55, and after having wandered around the balance line june 28th.
This falls in line with an apparent rejection of the balance line on the weekly, so we have the current price below both the daily and weekly balance lines.
Weekly showed its first read bar on the weekly today, so everything about it looks like a good bearish opportunity.
However, no one know where the market is headed so as always, stop loss is a close above the daily balance line, and target, whenever the trend ends, also signaled by closing above the daily balance line.
Short for scalpers AUD JPYDue the resistence, Im judging from my point of view that will not come breakout and you can enter short possitions.
Cisco Systems Inc. - potential setupsNASDAQ:CSCO
The shares of Cisco Systems Inc., the largest manufacturer and network equipment supplier for large holdings and telecommunications companies, are correcting around 46.00.
On the daily chart, trading is observed in the global downward channel with dynamic boundaries 36.00–46.00, and the price is currently testing its resistance line.
The four-hour chart shows that the quotes have overcome the initial Fibonacci 23.6% retracement at 46.00, coinciding with the end of the price gap from May 19, which has not yet been closed. Given the current trend, the price may reach the beginning of this gap at around 47.80 already this week.
Technical indicators keep a stable buy signal: indicator Alligator’s EMA oscillation range expands upwards, and the histogram of the AO oscillator forms upward bars in the buying zone.
Trading tips
🟢 Long positions may be opened after the price rises and consolidates above 47.80 with the target at 52.40. Stop loss — 46.00. Implementation period: 7 days or more.
🔴 Short positions may be opened after a reversal, reduction, and consolidation of the price below 46.30 with the target at 43.00. Stop loss — 48.00.
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⚠️ Important Notes:
1. Always follow your trading plan regarding entry, risk management, and trade management. ❗️❗️❗️
2. Timeframes: up to 1D
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BTC to 21200Broke the uptrend, indicator is showing we go down. The most logical target is the inefficiency at 21200.
Bitcoin – Elliott wave analysisHello, everyone!
Bitcoin has not reached our target for the insane short setup, but I closed today all speculative longs. Have only tradevesting part of deposit. I remembered the Elliott wave’s analysis and decided to refresh it today.
On the 1D timeframe of the BTCUSDT chart of the WhiteBit exchange we can see the anticipated 12345 Elliott wave’s formation. We have short waves 1 and 2, super impulsive wave 3. I can understand it because of the minimal AO and Acceleration values. The current upward trend channel is very boring – this is the typical wave 4. We can see Bitcoin reached 3 times the 0.23 Fibonacci level, but was unable to break it through. The minimal correction target reached.
Moreover if we take a look at the Williams alligator of the 1W timeframe. The price corrected exactly to the green line in got a rejection. It’s maximum target is the red line, but I don’t think the price have enough strength to do it. Also I want the bring to your attention the key fractal level. Bitcoin was also unable to close above it – extreme weakness. Thus according to trading chaos method there are no reasons to grow above the current price and the wave 5 can start right now. If you read my articles you have already known that the divergence with AO and Acceleration is the top-1 signal that the trend is over. I try to be patient and follow my main analysis, but to be honest sometimes it is very difficult because of emotions.
Good luck!
Bitcoin – the bottom target revealed!Hello, everyone!
Yesterday I told you that the boring downside move is going to happen. I think it has started yet. Bitcoin still did not break down the key support. In case of breakdown we can point out the global bottom target.
On the 1D timeframe of the BTCUSDT chart we can build the Fibonacci levels. The price hit exactly the 0.5 level and got a rejection. In case of trend continuation according to Fib Div strategy the zone 27 is the last target. Now it is located at $13-15k. To finish the downtrend market have to draw wave 5, which usually corresponds with the clear divergence. Technically we have this divergence with the wave which ended at $17.5k, but it’s too weak, moreover the zero line crossover is minimal. The current wave is more likely the wave 4, thus we will see the wave 5, clear divergence and the new lower low.
Good luck!
Bitcoin – liquidity collection will cause the crashHello, everyone!
Yesterday’s the most probable scenario, on which I put my money is playing out right now. The price showed another one local leg up to the upside, after that we saw the bearish reaction. Today Bitcoin is confirming my concerns about the potential price dump.
Let’s take a look at the 1D timeframe of the BTCUSDT chart of the WhiteBit exchange. The price reached the lips of the weekly Williams Alligator indicator. If my assumption about the last wave 5 is true we have to see the dump from current prices with the low probability of the pump to red line, but the dump is imminent. The downtrend can be over only after the 5-wave Elliott cycle with the obligatory divergence creation between wave 3 and 5, we still have not seen it.
Also I want to you to notice the liquidity zones. The market maker tends to collect the liquidity with the minimum effort. We can see that liquidity of all short traders have been already collected. The parabolic growth which we saw last month created a lot of uncollected liquidity of long traders. In my opinion the most logical action of MM now is to initiate the dump below $17k to pick up all this stop losses with the rapid recovery after that.
Good luck!
