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Runningflat

Next target is 38kHi there, Let's work a little bit on our last plan: - Wave 4 could have not yet found its end and might consolidate into a running flat headed towards 61.8% ($31,640) or 100% ($29,120) of its first wave (blue ABC on my plan) - Nevertheless I still expect we're pumping into light green wave 4 headed towards 38k (161.8%) as double top is over - Internal count is clean and would probably lead us in the end of the last of the last impulsive waves around $37,580 (61.8%) or $39,360 (100%) - Anyway, it's a most bullish plan but we should see a strong correction after reaching that top (probably around -40%) Let's see what it turns out like!
Long
by Khosravani
1
S&P500 3-3-5 RUNNING FLAT CORRECTION (4H)I believe we are at the tail end of a 3-3-5 Running Flat correction in the S&P500 on the 4hr time frame. We have already reached the upper maximum on the Schiff scale at a price of $3385, so the downside can come at any time now. If the price tags or breaches the last local high of $3430, I will have to reassess on what kind of correction we are really in. On the larger time frame, I believe we started the 5th wave (downside) of an Expanding Triangle which started exactly 2 years ago. I believe it's possible we may reach the previous low of $2160 and may bottom out around $2100-$2000 before we continue the Grand time frame trend for upside.
OANDA:SPX500USDShort
by PHICAPITALINVESTMENTS
1
COMP and his running flat ambitionsGood morning Traders This is my primary count for COMP. Seeing this entire corrective move as a larger wave 2 after an explosive W1 from $33 to $373 on Uniswap back in June. Ultimately looking for much higher as the DeFi space grows in a bull market but targeting $305-$311 for now before a final 0.618 retracement to complete a potential running flat to complete wave 2 before the next leg up (or an expanded flat if the final corrective wave ends up being a deeper retracement).
by Piggy_Profit
4