My bet against Yields and for the Stock MarketsThe US government bonds are currently on everyone's lips. Wherever you listen, you hear the word recession and people sometimes talk about the "big crash". This is due to the currently enormously rising interest rate curve.
However, I think that we saw our peak in 10-year government bonds yesterday and I think that the 10-year yield curve will now start falling. This is all of a technical nature and should now lead to a sell off to the 61.8% Fibonacci level which should bring us back to the 1% levels. This is enormously good for the stock markets and especially for technology stocks. I think that we can still expect a big surprise from the central bank and that exactly what very few expect will happen.
I'm betting against government bonds and for that I'm betting everything on growth stocks over the next 2 years.
This is no financial advice.
EW
22/03/29 - Good long opportunity on GoldHello everyone,
Gold is currently moving in a bearish diagonal, which can be the case for a wave C determination. I think that we have very good chances here of a possible reversal at this point.
Please see at my count and my chart for further information.
This is no financial advice,
RT
XAUUSD (Gold) testing $ 2000 area againHello everyone,
last analysis has been a while, I hope everyone is doing good during those tough times.
As you can see Gold has been very impulsive to the bearish side. I think that we are done with our 1-5 impulse and I am therefore looking to hold my longs towards the $ 2000 area. If my count is correct it is very likely for Gold to retrace at least 50% of the bearish movement with 61.8% being more likely.
A stop could be considered under the previous low.
If you need further information, please see below.
Good luck everyone and a profitable week.
RT
bitcoin analysis EW _ w4 , CAs you can see, updated my original count a bit, we got it right so far with the original Wave 4 though things shifted bullish, my concerns were that this "bullish" move was 3 waves up and with low volume, I had no confidence into this move so I still kept up with my original bearish count, so far, it worked in my favour, though an A-E Wave 4 pattern formed, with a second bearish count.
s&p500 may drift to 3740This is an updated version of my previous post on SPX index, on the basis of Elliott wave analysis
after breaching of 4196 ,the fifth wave is going to extend further up to a maximum of 3740.before march end 2022
traders can open shorts near 4280/4300levels on monthly PUTS, but strict stop loss 4340 ,(disclaimer, trading at your own risk, pl, verify with your advisor)
Bitcoin about to start its next bullish impulseGood Sunday everyone,
Bitcoin is currently sitting on my zone of interest. As you can see price managed to hit the extension target of 1.618 for wave C. This is the deepest possible target a wave C can extend. If we extend further of break the previous low, this count is invalidated.
However, I think that we are in a bullish wave 3 extension, which explains why the inner wave 2 has retraced that deep.
I'm buying.
This is no financial advice,
for further information please see below.
RT
US10Y in-depth analysis - Why I think we will see Gold above 2k In this video I am going to show you why I think that we will have a major decreas e in bonds price this year. This is due to the fact that we are currently trading in a wedge shape , or a so-called Elliot Wave Diagonal which is characterized by a 5-Waves-Pattern , of which every inner wave is shorter than the first impulsive wave.
Fundamentally spoken, I do assume that rate hiking might already priced in the current Dollar and Bond prices. Therefore FED rate hike announcement might be the catalyst for several sell-off waves.
If you liked this analysis, please leave a like a comment and a subscription.
Thanks.
RT
Gold is preparing its next leg to 1900 areaHey Trader,
please see my latest trade on Gold (XAUUSD) I'm willed to open up fresh long positions in order to play this trade to the 1900 area. I am expecting a sideways consolidation in form of a triangle here, which should then eventually break to the upside.
For further information, please see below.
This is no financial advice.
RT
Almost ready for a bounce?Ew waves are clearly countable on this stock. Has also divergence on the rsi and we are almost near a fib level now.
Trying Elliott Wave with BTC (Just My crazy idea) Expanded Flat?hi i have been studying elliott wave for weeks now. but well i am no expert just trying to draw some ideas.
take alook at my idea if this will please you please like and follow =)
will try to post more ideas
Try using Lines instead of candles and youll catch something with your eyes
#btcusdt
21/02/11 - Amazing Gold Short opportunityHey Trader,
as shown in my last Video analysis: Gold has perfectly hit our swing target of 1864. Since we are now sitting on a 261% extension for our most likely inner wave 3, I decide to open a short here.
Good luck to everyone.
This is no financial advice.
For further information about me please see below.
Two Types of Elliot Wave CorrectionsWhen it comes to Elliot Wave Theory, we know of two different correction patterns .
On the left you can see the classic correction, which is less common in real market situations. On the other hand, the flat correction (right) occurs more frequently in the market, since modern price action is often characterized by fakeouts . In this case, a fakeout looks like a wave B making a new high above wave A. In most cases, traders would open a trade here due to a structural break, which then runs against them (bull or bear trap).
In the following table you can see how the respective correction patterns differ from each other and what you need to pay attention to.
It is very important that you learn how to use Fibonacci tools correctly so that you can calculate the wavelength properly. Maybe I'll do a separate educational post on the proper use of those tools in future.
Thank you very much for your attention,
Your RT
21/02/02 - Gold Short short-term ideaHey Trader,
please see my current idea on Gold, where my count suggests a possible Flat Correction. What we are seeing here now is a Wave B exceeding the starting point of wave A.
Since currently structure looks like a 3 waves pattern, there is good chances for us to choose a long scalp.
This is no financial advice.
RT
Nasdaq-100: Done correcting, or are we entering a bear market?Hey Trader,
please see my current idea on US-100. Price Action is currently trading above the 2.618 extension for our possible wave c. This point here will be crucial for the next days, since it decides from a purely technical perspective if the Nasdaq-100 is entering a bear market, or current panic is just hot air and we have a deep correction here. I'm speculating on a corrective pattern, because I think that rate hikes are now priced in already and the Dollar will become weaker again. Inflation may peak even more, so that investors don't have a reason to stay in their money just to see it vanish. I hope I am wrong, but I fear we will see a Hyper inflationary Environment this year.
This is no financial advice,
Your RT.
Potential Huge Euro SwingHey Trader,
please see my current Idea on EURUSD. I decide to long this Pair against the Dollar, because I think that we are in a Flat correction, which explains why we made a new high before we went close to our multiple-month-low.
For further information, please see below.
This is no financial advice.
RT
My Coin of the Year 2022 - FantomHey Trader,
Today I want to introduce you to my favorite Crypto Pick for the Year 2022/2023 - Fantom.
I'm a purely technical trader, I indeed am interested in fundamentals since I am very interested in economics but the key for my decision is always the chart. The Chart on Fantom looks just amazing. As you can see I use Elliot Waves for my technical analysis. In this case we have already printed wave 1 and 3 which leads to our last Wave of the first Cycle - Wave 5.
What's really interesting here. is, that our Wave 1 and Wave 3 are very similar in length, which leads to the conclusion that our last wave has to be longest. Usual targets for an extended fifth are in this case either the length of wave 0 to 3 or the 162% extension of wave 1 to 3, which leads to the target of around 3500 $.
Based on this knowledge I see high chances of FTM to become one of the best performing Cryptos for the next year.
Let me know what you think.
This is no financial advice, just my technical opinion and view.
RT
XAUUSD (Gold) heading towards $ 1881 Hey Trader,
please see my current idea on Gold, where my count suggests an impact of the $ 1881 area. This is due to the fact, that we are currently in our wave 3. I assume, that we are currently moving in the inner wave 4 - we saw already a good buying pressure between the 38% and 50% FIB, which should be the bottom target of our wave 4. Therefore I am confident that we may see a price reversal here. After some days of ranging we should finally be able to break out in order to make new highs.
For further informations please see below. This is no financial advice,
Your RT.
My Shiba Inu trading & investment planHello everyone,
today I want to show you my trading & investment plan on Shiba Inu. Shiba Inu is in everyones mouth right now. We all know that Shiba Inu is considered as a shitcoin.
However Shiba Inu looks amazing from a technical view.
What I noticed is, that we have finished our first Elliot Wave Cycle. We saw 5 textbook impulsive waves which are lead by a corrective wave A, now.
I'm expecting an impact of wave A on the 38%-50% Fib of the overall bullish impulse. To get an idea of where the journey might go, I have marked you possible buy & sell entries on the chart. What I want to see is a reaction on the Fibs I have been marking, just to be sure about the technical reactions of the Shiba Token.
My ultimate buy & hold point is on the bottom of wave C.
This is no trading and investment advice. Jus my personal and technical view.
RT