Apple -A company that you want to invest in over and over again.●● Mine scenario
● 2W
NASDAQ:AAPL
There is no big changes from the last update . Now the wave (III) or (V) " Supercycle " is developing, as part of which 5 of (3) is extended. The approximate targets for the third waves correspond to the color of the wave degree.
● 1D
NASDAQ:AAPL
The top of wave ((iii)) was determined with high accuracy. Next, a sideways corrections was expected in the form of a triangle, which, as will be demonstrated later in alternative count, could have already been formed.
● 4h
NASDAQ:AAPL
At the moment, I expect the correction to transform into a wider contracting triangle in the form of a running model type. The targets for the wave 5 of (3) are located at the level of 214 , but later they can be revised based on the rule of the ratio of the lengths of the first and fifth waves of the impulse.
● 30m
NASDAQ:AAPL
On the lower timeframe, not everything is so clear. A series of local sideways corrections in the form of triangles forces us to adopt a variant of counting with a ending diagonal with c of (b) .
●● Alternative scenario
● 4h
NASDAQ:AAPL
An alternative count suggests considering the probability of a completed triangle ((iv)) . If we turn to the arithmetic price scale, the lower limit of the ascending channel has been reached. The first targets for wave ((v)) of 5 have also already reached ( ((v)) = ((i)) ). Further goals: 165 and 197 .
● 30m
NASDAQ:AAPL
So far, I have nothing to offer you except of the diagonal in the current count and the top of the triangle ((iv)) 112.60 in the lower degree. I plan to make any trading decisions in this situation only if the diagonal is fully formed or broken in its current form and with a powerful exit up.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
Elliottwaveforecasts
GER30 (DAX)The Dax may have completed the blue x with today's low at 13469. At the ideal target of the green (c) and the yellow circled Y, the downward movement could be stopped for now. Whether this is sustainable and the Dax starts another attack on the all-time high from here, the next few days will show. However, my preferred scenario is a final high. The minimum target of the final blue y is at 14169. The expectation that the market should fall significantly after the high does not change.
Gold - Technical AnalysisAfter taking a rapid correction following Bidens victory pushing up yields, Gold looks set for another move higher following E Wave analysis.
A key catalyst for a potential gold move back to highs would be a potential downside move on BTC.
BTC has definitely gained interest, with many investors now comparing the unique asset class similar to gold in its ability to act as inflation protection. This has possibly caused a lot of investors to reallocate their gold positions into Bitcoin, which could be a reason for BTC's massive growth not correlating at all into gold. If there does seem to be a larger correction in BTC than anticipated, this could cause investors to trackback on their allocations to avoid volatility, causing appreciation for gold.
This is just my theory and will see how it plays out.
When the Stars Are Aligned - Trade the High Probability 5th WaveOverview video on how stocks generally behave and how our Elliottwave Indicator Suite can measure that behaviour to identify high probability 5th Wave Swingtrading opportunities.
$GM General Motors is used in this great example where Paul also discusses managing this 5th wave trade.
Elliot wave PLTR analysis, possibly very bearish $20 PTAll notes are written on the chart. Price targets and some proportions on chart may not exactly be accurate. I'm rather new to Elliot Wave, but I think I have a lot of it down and have used it to predict a lot of trades with significant success. Yesterday on Friday January 15th I was able to predict that we'd finish exactly at 25.50 as of 10am and we did, so I hope that adds a bit of credibility! Ask any questions you'd like, or provide feedback/correct me on where I may be wrong. I'm currently looking for a mentor to take me under their wing. I only started trading in August and have come very far on my own, with no prior knowledge of the markets, nor anyone to ask questions of. Hopefully this chart helps someone, it's my first stab at publishing something. Good luck everyone!
Trading The Behaviour with Stocks - ETSY perfect exampleIn this quick video recap we discuss using our ElliottWave Indicator suite when trading the behaviour of stocks after profit taking pullbacks. As they say, when its trending - its trending. You just need a set of tools to measure the behaviour in a simple and consistent way. ETSY is behaving very well this last 12 months and is a great example of trading the 5th wave move of an elliottwave sequence.
Why The Reaction At 30k For Bitcoin Will Be So Important Sometimes Events Happen That Create A Change of Behavior In the Market So Dramatic It Creates Panic Selling or even changes a belief... Think Covid 19 reaction and many more.
Or a market gets suppressed and manipulated like the Silver Suppressing Scandal that J.P Morgan took the slap for in 2020.
Even when not expected, its good to be prepared for the unexpected, especially if reliable technical analysis could support such an event happening.
That brings me to entertaining a bearish macro count for Bitcoin that I've created a trading plan for if it so chooses to unfold.
Many traders right now in the bitcoin/crypto space are most likely not using stop losses with the tunnel visioned expectation that the moon is the next target, so.. at what price levels would individuals that buy at 20k, 22k, 25k, and even 30k start to dump their losses.
At what level would you start to believe that 5k is possible.
As traders we should all have levels of invalidation for our trade setups and if you don't it's likely your emotions will make that decision for you.
So, in recognition of "expecting the unexpected" here is a realistic scenario for BTC according to this analysis. It will all just depend on the reaction we see at 30k and if invalidation levels that would spark further selling are protected.
**IF YOU HAVEN"T SEEN MY BTC COUNT TO 100K CHECK IT OUT AS A RELATED IDEA BELOW**
While you're at it drop a comment and let me know what your invalidation level is if bitcoin starts to correct back too much. If you'd just sit through it then say that as well. In the crypto space I know there are some with extremely strong hands and plenty of weak ones.
To Your Succes,
Schyler
EURCAD, 4hr tf, second chance to buy if you missed itHello my friends,
Previously i shared about a buy position for EURCAD on Sunday.
It was working out great and i managed to book some profit from it before it retrace down again.
Right now price once again retracing and i am gonna buy it again.
For those who missed it, this might be your second chance to buy it.
In my opinion we could see EURCAD breakout of this channel.
Our target this time will be the 1.618 fibonacci expansion which is our wave-3 target.
Buy limit EURCAD 1.5610
Stop loss 1.5560
Take profit 1.5770 (3.2R)
RR Ratio 1 : 3.2
Use only 1-2% risk
Good luck
Critical Levels and Targets for Litecoin #LTC/USDWelcome everyone,
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life.
Let's Discuss The Outlook for #LTC/USD
LTC has been moving up correctively and its difficult to see a more bullish count than just the potential gains that a corrective climbing asset can provide.
I've been noticing this among the majority of alts, and the way I interpret this is that altcoins move more in 3 waves than they do in impulses, similar to currency pairs such as EUR/USD. The other way to interpret this from an Elliott wave perspective is that we're dealing with a macro flat correction that will lead to an extensive downside leg that will surprise most investors and induce panic selling as critical levels are broke.
As such, in this chart I highlight the previous lows that I feel are important to maintaining an uptrend without drawing attention to the bears, If successful, this could give us a scenario of $160 for #litecoin.
What are your thoughts on LTC in the chart above? Does it have more upside potential? Or Do you think the critical lows will get broken?
Don't forget to follow, like and comment and I'll be doing a $500 giveaway if I can get ranked as a top #ElliottWave analyst on TradingView.
To Your Success,
Schyler
🚀Ethereum: the long-term setup FOR BUY is not ready yet ... ⏳●● Mine scenario
● 1D
Most likely, the primary wave ((4)) forms a Contracting Triangle , in which the growth is subwave (B) in the form of a double zigzag W-X-Y. Further, i expect decline by the subwave (C) . The targets for wave (B) of ((4)) can be the level 790 , where there is a cluster of Fibonacci levels and extensions.
● 6h
The growth from the top of the triangle ((b)) goes in a form of zigzags , which means that there is a probability of transformation of the wave ((c)) to the Ending Diagonal.
●● Alt. scenario
● 6h
As part of the local alternative, I assume that the diagonal ((c)) of Y is already completed. I think this count is less likely, but if the lower boundary of the ascending channel and the top of ((b)) — bear lvl are broken, this scenario will become the main one.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.