Hey tradomaniacs, after the ECB-Statement from yesterday we have seen a strong dollar-push as the upcoming rate-hikes were already priced in. The reason for the entire sell-off in equities was basically that the ECB has raised its rate of price increases aswell as lowered the exepctations for economic growth. What a dilemma... I think we might see a...
"Pennants, which are similar to flags in terms of structure, have converging trend lines during their consolidation period and last from one to three weeks. The volume at each period of the pennant is also important. The initial move must be met with large volume while the pennant should have weakening volume, followed by a large increase in volume during the...
eurgbp long wave analysis support and resistance running flat strategy momentum strategy
Wave is in a demand zone on the 5th leg of ABC correction. See chart for buy, stop and target.
I have never has any interest in Bitcoin nor its derivatives. I like the technology but believe we are still in its early days. That is not to say however I don't follow it. One equity way to position a Bitcoin view is with GreyScale Bitcoin Trust. So currently on a weekly basis there there are two current bullish harmonic Patterns in play ... A...
➡️ Hi Trader's ,, We Have New Setup For " USDOIL " ➡️ Time Frame : 4 Hour's ➡️ Pattern : Wolfe Waves ➡️ Entry Point : 118.70 - 119.500 ➡️ Stop Lose : 121.000 ➡️ Target : 110.000
this analysis based wave analysis and trendline and trend analysis and supp/dem
Ask yourself what is the lowest possible price for bitcoin? 20000? 15000? Theoretically, the price will be - 0. I'm not saying that there will be such a price, but if there is a panic in the market, keep this in mind. By the way, how much is Terra Luna now? Keep in mind that bitcoin was worth exactly zero at first. And the correction will probably drag closer to...
It's been running for 140 pips since i published my previous plan for AUDUSD. Now, i move the Stop Loss Level above the entry level to minimize the risk and maximize the profit. It has not done yet, we still wait for the profit target. Chill and Calm guys
Helllo, Traders To explain based on my last idea, wave B seen on the chart is just an expanded flat when viewed in the form of a wave. I will still keep my view that it will reach 23k. What I think may be seen as a simple drawing game to some, but 😘 Good luck everyone.
Hello, traders I tried to analyze the overall flow rather than dividing them one by one 1) Triangle wave 2) Impulse wave I think the whole WXY wave was created by completing these two things. If the price does not form a new high, this strategy is valid and the target price is 23k Good luck
1st complete Elliott wave Used fib extention to get a target for wave 3 near 1.618. Writing this done and publishing it publicly for accountability.
Price happened to be in a submuette wave 2 of the overall impulse wave of the fifth wave. we expect an ABC correction up onto 38.2% fibs level before entering wave 3, which also, carries five(5) submicro waves. However, do know that we're in the fifth wave of the overall movement. we keep on looking for selling opportunities until wave 5 elapses. WAVE 5 = 5 WAVES
Hello friends This is a general analysis that gives us a broad view of market conditions. If we look at the RSi as well as the MFI, we see that after almost three years, we have reached the saturation zone.This is not good in the long run because these saturated areas have to change and this creates a price trap. Also, the current price area has been touched...
In the daily time frame, a head and shoulder pattern is formed, which according to the resistance area, we are expected to see a growth after the pullback. The first growth to the first zone and the second growth to the second zone .
Could we be seeing the formation of an inverse head and shoulders on the Nasdaq? Happy trading! Linton