I've been anticipating nasdaq moves ignoring the news since quite a while and it work way better that way. and i figure out 3 scenari. the upside one (which is the less pssobile to me, but still a possibility) If nasdaq respect my anticipation, (which is working since the last bottom) it would confirm a bigger drop later , currently forming and ascending wedge,...
Trading wave 5 of 1,2,3,4,5. Referencing guideline of alternation, as wave 2 only retraces 38% this usually means wave 4 will retrace 61% and will extend 100% of wave 3 which is what my analysis has provided me.
Please see 1st and 2nd wave already played out. I assume we are in the 3d wave which extends at the level $93
The price has managed to break the uptrend line! But it still does not have enough power. In the next day or two, everything will be clear. If the price rises, it can move up to the specified range, which is an excuse that has already been tested for this market. Although this number and level is not very strong But if the price bounces back and breaks the...
It appears that Grand Wave 3, the most impulsive wave, has come to a screeching halt -- right on schedule when comparing sub waves within the primary waves, to measure the top of Grandwave above them. Let me know your thoughts and perpectives.
Okay we know its just a matter of time before ripple takes off, so the longer it stays in this consolidation zone the bigger the impending move will be so if you still have your ripple position, just be patient and wait a little longer. At the moment, structure tells us that we might get a slight dip back into the previous structure before can see another attempt...
gold selling opportunity according fib level 78.60 retracement level..
We have had an impulsive move to the upside. Thus we need to wait for a correction back into a key level. Need to see 4hr rejections come from this level then I will be taking a long trade. SL at the invalidation level which is below the recent swing low. Target retesting the high and some continuation. Solid RR on this trade.
This analysis was shared......the this is the 2nd update....patience always pays..
As you can see in the chart below , Bitcoin is in a bullish channel and is ready for the next bullish wave of this channel. tnx. Mob-trade
Hi Everyone, I just wanted to shed light on an Elliot/Neo Wave count that I have theorised since finding support at the 43k USD level. Now hear me out, as this does sound bizarre, however keep in mind that if this wave count is true, it projects an influx of major yet to be seen growth to BTC and is more incredibly bullish with massive upside potential than...
USDCHF has formed like a wolf wave pattern on the midline of pitchfork and there is a chance it reverse from the midline and reach to the upper line of pitchfork and grey dashed line . 0.91860 is minimum target .
Given these assumptions about wave 5, all three possibilities arrive between 65k and 70k as final target. "The three ways to forecast wave 5. First, wave 5 is inverse 123.6 – 161.8% retracement of wave 4. Second, wave 5 is equal to wave 1. Third, wave 5 is 61.8% of wave 1-3' This assumes the correction is completed, but it was significantly quicker/shorter...
Usdcad is providing long opportunities according to elliot wave
Hi guys; Currently this pair is completing the 4th wave as a correction till demand zone( the second grey zone or lower trendline ) after that we expect that it starts a new impulse as a 5th wave. Please put your comment and like . If you would like my vision , analysis please follow me thanks guys.