if symmetry has anything to do with it.
Hi everyone; This is my big idea about Ripple. Keep calm and buy Ripple. The big blue line is the very strong support line while start of ripple. and you can see the big Elliot wave and Fibonacci lines. Ripple is the very strong and technical cryptocurrency. i trust it. Don't u ? ;)
High probability for Long position on gbpusd h4 chart.
Hi followers, I found a longsetup with 10:1 winrisk-relation. But be careful, because it's not a perfect wolfe wave. The Arguments for a wolfe wave are wave 2-3 is like 4-5 and the time fibanocci between Point 5 - Point 3 has hidden Point 4 on 0.618... and of course the Chance to maxime your risk to 10x win. Have a nice trade.
Bitcoin is currently at a critical juncture. These next 2 weeks could decide its fate for 2018.
Gchf appears to have made a 4 hr correction and is broke out. I've said I've been in this one. Best thing to do if you are not in it yet is to wait for some kind of pullback (smaller structure) and set a sell stop order below it. There is always the possibility of it making a flat here and correcting up further. I am posting this pound pair because it moves slower...
Spx minor new high (trap) then 20+% correction
Bullish Wolfe Wave Entry: candles crosses the lower green line Target: red line
Hope you guys caught this one. Weak pound strong Aussie through london. I will continue to look for sell entries in the near future. If it breaks the low of correction we may get that flat which would come down to that low (grey ray line) I talked about.
Litecoin ABC Correction underway. Buyer Beware!
Ok, so the drop in BTC also took me by surprise. In my previous chart I saw two possible scenarios for BTC. BTC took the dump scenario, however, the drop was more massive than I anticipated. It went below the ma20. What does that mean now for the future price development of BTC. Well, that means that this is a larger corrective ABCDE structure in wave 4,...
Bull flag only half complete? Moving towards point 3 of giant Wolfe wave? Also we have not retraced back yet to 50-62% for a corrective wave. I suspect a short lived bull run back towards the historic resitance trend line then back down to $8000-9000 I traded the corrective wave to have a (5-3-5) ABC (5-3-5) pattern and we seem to be in the ABC pattern now of the...
Lets assume that since the bottom We have seen a major Elliott Wave forming and we are in the firs major corrective wave. In the first wave we have seen 5 sub waves and are currently in sub wave C of the corrective wave Its possible that we will see a massive Wolfe wave push us up into a reversal pushed up further by a massive bull pennant forming Following...
Looking at the yellow ABC correction wave arrows on my weekly chart, if you believe in Elliott waves theory and more importantly if you also believe bitcoin is overall in a uptrend, then it seems that the correction cycle might be ending soon. A weekly close of about $10,500 which is above the downtrend line may signal the start of the next bull cycle. Looking at...
Price completed the wolfe-wave structure and formed the first and second wave of the elliott wave sequence and it may go to finish the fifth wave at the fourth point of the wolfe wave .
BTC/LTC prediction I have been watching the price of BTC and LTC lately as they went through a bull flag while comparing BTC to LTC during the fluctuations and noticing that LTC has been pumping harder then BTC lately which makes me feel LTC will outperform BTC in the short term. If BTC and LTC move towards a double bull flag Wolfe wave then we can see the same...
The BIG correction is still in play. ABCDE correction can be done at $3k. SHS didnt play out...so... maybe good time for new buyers are coming.
We bounced off the long term down trend line at 12k (the head) showing that the bulls weren't quite ready yet Copleting the head and shoulders by EOD Saturday could mean we continue the elliot wave down to 8k support If we bounce there and then reach resistance at the shorter term trend line top (pink), we could re-test support as low as 6-6.5k again