Elliottwavecorrection
Price targets for Wave up from 11k.NOT a professional, just a person who loves TA and is very very good at pattern recognition. Do your own due diligence and make your own decisions. This post is only for speculative/educational purposes. Consult a professional if needed. Good luck trading!
If this post saved or made you money, please consider tipping and/or commenting as I lost a decent amount trying to trade this before I realized what was happening. I have another published idea which further explains things.
-Wave is doing a large correction (prediction made 12am Feb 21) to 39500
- Wave 5 of higher Wave 3 is ending Diagonal, causing deep correction to 39600 (top of wave 1, it will finish below that if entire large wave is leading wave)
- Predicting entire leg up from 11k is a leading diagonal.
- Complete wave prediction: 77240 (could be less entire large wave IS a leading wave, as wave 4 will finish inside wave 2 area. Add 19700 to end of wave 4 to find wave 5.
-Wave 5 will extend past wave 3 guaranteed.
-Wave 3 was 68% of wave 1, applied same % to wave 3 to predict wave 5 (don't know if there are known numbers for this.
Deep ABC Downtrend forming! 1st Comment has link to chartLeading Diagonal (Elliot Wave) is forming on 1 hour time frame which will lead to a large downtrend, trade appropriately!
I'm not a professional, just someone very good at seeing patterns and correlating data. Please use due diligence and do your own research/confirmations on this data. This information is for speculative/educational purposes.
If this saved or made you some money, please consider tipping as I lost a decent chunk of money trading this unfortunately until I realized what was forming! Comment if this data was helpful. Good luck trading!
GOLD BUY$GOLD is coming out of an 80 day trough on 66day avg wave length. Also Elliot 1-2-3-4-5 ABC correction wave pattern is a showing a bullish *b) or (c) wave is next, before its next leg down.
Bitcoin - I'd say.... Sell the news! The Tesla acquirement of Bitcoin was in january... why be bullish when it's not the rumor?
Sell the news!!
#BTC #Bitcoin
I see a wave 5-3-3 with a 1.5 bill Tesla buy rumor hanging in the air.
But the rumor is NEWS The acquirement was in January, so sell the news I'd say.
Weekly 21 ma lacking behind at around 26.000$
I see a correction around the corner.
The rest is on the chart.... ask if any questions!
Possible wave 4 into wave 1... the whole nine yards.
My sentiment: Neutral to bearish.... building a short position
Happy trading!!!
DXY vs EUR/USD : Expressed by Elltiott Wave Structure 💡It is known that the Dollar and the Euro are inversely correlated, but What we found here is the Elliott Wave Structure that is respected by both currencies but in inverse way.
If We look on the graphs we can see that the Euro is moving downward, however the DXY is rallying to smash previous highs.
According to Elliott Wave Theory, Both currencies are in Wave C, which is the last wave in the cycle.
Let's see in the next few days if the EUR/USD will reach the 1.1924 level and the DXY test the 92.13 mark.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Will this be the biggest stock market crash in history?"The only thing you control in the market is how much you lose."
- Christopher Inks
Bitcoin - Technical AnalysisApologies for not posting in a while. My account was hacked and was not able to get access for back for a long time.
I have mixed up my analysis style on this idea by illustrating the chart itself.
Let me know what you think? Bull or Bear I would like to hear.
DX1! Technical Analysis after complete bearish impulse now it is looks like this chart try to complete corrective wave.
chart pattern target will be 92.300 (fib 0.618).
head and shoulders neckline & 200 EMA can be help bulls to fly higher. stop loss should be 89.800
USD/TRY (Elliott wave zigzag correction)Perfect Elliott wave zigzag(5-3-5) correction pattern on usd/try . now we can expect impulse move.
see my previous ideas on usd/try
1st idea
2nd idea
3rd idea
Stamps.com - Rare Elliott Wave Combination Ending In Live TimeThis type of extended Elliott Wave Pattern is known as a triple-three combination. As you can see, it is extremely complex and ends with a clear triangle.
I have never seen such a complex, corrective wave sequence this clearly pronounced, nor have I seen one of such long duration (and catch the very end of it).
This identification of this pattern is extremely useful in this case - signals that many individual stocks' "upward corrective" trend since March 2020 is coming to end very soon.
I'm shorting this since its as good a chance at catching the top of 132-point drop (initially) as you may ever get.
- PermanentlyCorrectingPig
NASDAQ:STMP
TVC:NDX
NASDAQ:AMZN TVC:SPX TVC:DJI
A discount or ?Still Bias on A Rally in GOLD
Looks like a zig zag forming giving more buy opportunities
GBPAUD analysisHi traders, I think that we might see one more push to the upside on GBP before reversal. I want to see price to made some price action for buy, it might bounce from trendline. I see gbp index to push bit higher. Around upper trendline where i expect reverse its even daily SMA line which can nicely push price lower from that point, and there will be abc flag completed. So far we are having A and B wave in that 4h flag correction, so C wave is expected. Wait for price action before buying! Good luck
