Bitcoin: Triple-Three nearly finished!Hi guys,
i am preparing for the last short ill take in the next months.
The current „bearflag“ is a triple-three with only one more leg up (wave C completing wave Z).
Entry point around 8000$.
This is a nice setup for a shorter term trade.
BUT be careful as this should end the bearmarket!!!
Check out my related idea, showing the bigger picture since the the all time high in 2017.
This is no financial advise. Always do your own research!
Stay healthy and good succeed!
Elliottwaveforecasts
SPX500: Bull Rally May ResumeHi Traders,
Until the drop we had on February 20th, price was making a strong case for continuation towards 4000. This may still happen, as this current drop has completed a WXY expanding flat (i.e. wave 4 on the higher degree).
I'm therefore looking for price to confirm long setups as it is expected that the bull rally may resume.
Trade with care!
Regards
Wave Theorist
Comex Gold - Selling The Tops at 1705 $-Case of Ending DiagonalDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Happy to get the clue straight from the yellow metal & to see it unfolding as expected on 7th March 2020 video idea which was published on Indian Version - Nifty / Gold / USDINR - The important Juncture.
Video Idea (Click the Idea Below)
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Long Term Outlook
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A possible case of Ending Diagonal which suggest that the rally which started from 1045$ to 1705$ has completed & we look for downside Targets - 1045$ / 900$ / 750$
Short Term Outlook
Wait for some bounce above 1500$ in the zone 1590 - 1625$ zone - If you see the commodity getting rejected in the suggested zone then putting stops above 1635$ could be an opportunity for selling the commodity for
Targets - 1500$ / 1445$
Thanks for watching the video & stay classy till next idea.
USDJPY Behaving well on this Bullish MoveYesterday I made a short video discussing how we were going to trade the USDPY currency pair using our Elliott Wave and Roller COaster Indicator Suites for the TradingView Platform. Link to yesterday video is >>HERE<<
This is a follow video to show how well this USDJPY Forex Pair is behaving and the resulting Long Trade that we are in!
USDJPY - Analysis through the timeframesMultiple time-frame analysis on USDJPY through the Daily, 60 minute and 15 minute time-frames.
Looking for trading opportunities using our Elliottwave and our Roller Coaster Indicator Suites for the TradingView trading Platform.
Only interested in Long positions as we are now in a Daily Bullish Channel.
Potential Long 5th Wave, ElliottWave Move for STTUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for STT on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The catalyst for the current wave 4, profit taking, pullback was Earnings and it does seem to have found support.
The wave 4 pull back has found support in the Green zone of our probability pullback zones, which represents an 85% probability that our automated 5th wave target zone, in blue on the chart, will be hit. Further more the profit taking pull back is at major support and resistance zone from previous earnings reactions.
We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend .
We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone.
So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity for STT , with the following entry strategy:
We use our 6/4 MA High for initial starting point for long entries and take into consideration and recent pivots during the 4th wave pullback.
Long entry through $80.09
Stop Loss $74.96
Target $90
Giving a Risk to Reward of 1:2
Bullish long term momentum for Qorvo, more than 60% gainsThank's to youtube user Elliot Wave International I spotted out this count of Qorvo, a company that provides innovative and high performance RF solutions for advanced wireless devices, defense radar and communications. because I saw his count was wrong I started my own and realized that the view is more bullish than expected... I'll keep updating..
luv
®pupulandia
NASDAQ:QRVO
Elliott Wave - BUY AUDUSD - Get ready for wave 5Good morning traders,
Today we are looking at the AUDUSD
There appears to be a clear 1-4 wave structure.
Waves 1 and 3 are made up of a 5 wave structure, wave 2 and 4 are made up of a 3 wave corrective structure.
Bullish divergence on the 4 hour RSI,
The AUDUSD is re-testing a key trend line,
The RBA has previously signalled the economy could be facing a gentle turning point, the housing market and employment data has been positive recently.
Another positive result today, followed by an increase in CPI next week could reduce the chances of a FEB rate cut.
Check the DXY index, the index is also re-testing a key trend line, suggesting we could also see a weaker USD over the next couple of weeks.
Any thoughts or comments are welcome!