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Eliottwavetheory

APPLETHIS ANALYSIS IS ONLY VAILABLE IF A GLOBAL MARKET CORRECTION OCCUR A BULLISH SCENARIO COULD ALSO OCCUR IN THE MID TO LONG THERM. THIS IS ONLY A TECHNICAL ANALYSIS BASED ON ELIOT WAVE THEORIE! WE DO STILL SEE SOME BULLISH AHEAD OF US AT LEAST ON THE SHORT THERM. WE DO SEE A CORRECTION OCCURING THIS YEAR, and since 5 wave find there tops, and the correction ahead of us no matter what bullish american famous investor says this gonna be a good year and then buying bitcoin as a safe heaven will happen on any bad news. plus if we did reach the top risk to reward ratio would be 1:4. i don't know about you but i do like those kind of setups. also to note: we were bullish and got most of the big bull move this year that can be checked on our profile. if we turn bearish is because a market full of yolo traders and fomo traders is absolutely frodulant and not healthy. the simple fact that a tweet from elon impact so much an no related company just show how dum the money in the market is currently
NASDAQ:AAPLShort
by RICHMONSTOCK
BTC Downtrend Continuation possibilitySince ATH we saw a nice impulse wave to the south, now a typical 3 wave correction. Bitcoin had multiple weeks of bullish movement, a 4-day correction may not be sufficient enough to cool down the price action a bit. It May take a couple of weeks to reach the support level, but it is nothing unusual, during the last bull run the corrections took between 12 and 25 days. What we can wait to see is a touch to the 21 weekly MA. Of course, this is not a financial advice! Trade safe and always keep in mind that you might be wrong.
BITFINEX:BTCUSDShort
by Delchoni
3
GBP INDEX analysis and forecastHi traders, as you see GBP index is about to complete that running flat, so nice wave to the downside is expected there. It will probably correct on lower tf for that last push to the upside, i see price retesting that trendline and fib 0.618. Dont rush, wait for price to complete that pattern and confirm that drop first! After that i will be looking for price action and sign for reversal. Stay patient, nice setups will form on GBP pairs. Good luck
Short
by KosirFX
6
US30 DOW JONES UPDATE Hi traders, i was expecting price to push lower but that didnt happend and price reversed back. Im still with my analysis from few days ago when i said that there is high possibility that price will go and retest upper trendline on that running flat pattern. Price can still just drop at any moment, thats why im having trendline there to notify me if price will break lower. But like i said if price will go retest that upper trendline that will give us better entry. Be carefull there is a lot of uncertainty in US. But I will keep selling it, becouse i still expect nice push to the downside there.
OANDA:US30USDShort
by KosirFX
2