XAUUSD probably just completed wave B (Red) of an expanding flat ABC (red). As its price stalled at multi confluence zone of :- 1) Daily O.B 2) Lower Pitchfork Line Support 3) Weekly Pivot of S1 at 2368.553 4) 1hours 987 EMA (white MA).
XAUUSD have cleared the 1st daily order block, now trending up to 2nd daily O.B as it's probably forming an ending diagonal pattern now in c ( blue circled ), Where wave (iii)(yellow) and wave (v)(yellow) could reach 2418 and 2428 (+/-) which are the confluence zone of 1) Order Block and 2)Pitchfork channel (red)
XAUUSD probably forming an expanding flat abc (blue circled) in wave B (red) where wave c ( blue circled) probably an expanding ending diagonal pattern (i)(ii(iii)(iv)(v)(yellow)
Topglove''s latest "quarterly" report "disappointed" again. Not just "investors", "traders" are "hardworking" individual as well who do check their positions not just "quarterly" but everyday beside reading on each stock's Intrinsic value, ROE, P/E, Forward Free Cash Flow, Profit Margin etc "quarterly" OR reading "market news" "once a while"...
Us30 for h4 chart I see potential upside all the way to be back to 35k level. Expanding flat indicates the current corrective structure is finished. Invalidation level is below the red horizontal line. May be pips be with u. Trade with care. Risk management is everything.
Elliott Wave Analysis:- View 1:- Triangle was formed and breakout happened and waiting for the retracement. Once retracement took place we can enter into the trade with safe trade setup with Stop loss @ 1396 . target 1:-1500 target2:-1575 View 2:- There is a Flat formation in 4the Wave. expanding flat is getting into picture. Wave B crossed wave A...
Elliott Wave Analysis:- View:- A irregular flat has formed and currently the C wave is forming. if it didn't break 123 level then this will be expanded flat and if it breaks the level then it will be expanded running flat which may extend to 108. we can accumulate little here and a bit more in level 2 and bit more in level 3. 3 crucial level's...
The market moves in waves and patterns. This is a macro expanding flat on the #SPX500 that corrected for 8.5 years! During the A and C wave of the expanding flat, there were so called "recessions", the 2002 and 2008 recessions. Or were they just A and C waves of a macro expanding flat? It is interesting how the patterns a chart makes predicts the future of...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
We are approaching the end of the 3-3-5 Expanding Flat correction that BTC has been playing out since April 2021. We are currently QUADRUPLE squeezed inside of the 50 DMA, the 78.6% Fib Retracement level, the upper price level of the previous correction (from Dec 2017), and the upper trend channel of Wave C of the current correction, which can build pressure and...
SP500 probably will break ATH ( All Time high again ) by 2025 as we’re probably @ the sub wave B ( Red Circled) of the second leg of expanding flat pattern abc (green) which is wave b (green)..Based on the “pattern + cycle”..There is a “possibility” that SP500 will crash more than 70% toward around 2000 level. By end of 2024/ early 2025! So..”Prepare for the worst!”..
Gold most likely is forming a “regular” flat pattern ( where wave “B” “Cyan“ retrace > 90% of wave “A” “Cyan” And wave “C”” Cyan” about the same length of wave “B””Cyan”)... AND building its “base” with a “footing” @ around 1680.. “ The whole foundation “ of “the base” might take 2-3 years more to complete with “last piling “ @ around 1540. Before “ launching “...
Gold possible found strong support @ around 1800 as shown on volume profile POC and daily pin bar/ candlestick shooting star pattern. Possible an deep pullback from last leg of expanding flat pattern in wave C (yellow) toward around 1920..
Bitcoin has been dropping below 28.8k, which leaves us the expanded flat pattern.
HBAR may be in an expanding flat correction now, if that's the case & we drop below the bright green box - expect the drop to continue short-term, and then stop around the 1.618 level of our trend-based fib. That would give us an area around 9.5-10 cents for considering new longs. Pre-req: Bitcoin not dropping below it's previous lows last summer and completing...
I believe Bitcoin is in a large consolidation phase called an expanding flat, if this is the case, it could come all the way down to 22k, before making a huge push higher than current highs.
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer
Facebook / Meta possible forming an expanding flat or triangle pattern.. For The Long Term Bull to defeat the Bear. The 198.48 Benchmark possible need to be hold..