Impulsive waves (1,2,3, & 5) spotted on the 15min and on the 4hr timeframe we've bounced off 38% Fibonacci inditicting this a bullish move. I've placed my stop at a place that will invalidate the trade and enough room to go retrace. On a larger analysis (4hr) iIm seeing that this has the potential to go to hit 72.000, so I won't be rushing to pull out the trade if...
Loving the Elliott Wave theory painted on GOLD here and I see a few longterm options. ABCDE happens often on a 4 wave between the .382 and .50 fib level. 4 wave can also be an ABC all the way down to .618. Looking at longterm buys around all these fib levels depending on what outcome happens. I think gold will do good after my parabolic run-up in stocks ...
Its the final count down on dxy before it all goes bust. 106/107 and it has no more energy. all the lines are on the chart. expected time period for crash , April 13th. Good luck guys lets make a ton of money :D always use money management and stop losses ! stay safe !
FX:USDMXN Mexican Pesos - $USD $MXN #SuperSimpleCharts
Hello Traders, Here's my analysis using elliot wave, and I'm entering al 3, 4, 5 waves ! Goodluck
The retracement down for the original ABC i posted was a bit too deep, had to go back and re adjust the Elliot Count. Since originally i had the bottom at $560+ going below that and below .618 brings me to my bear count. Overall market is in a bear market phase now as well. So I will now be expecting a lower low on Tesla, current impulse up is on falling volume...
Price performance is currently down, as well as the GOLD Index against the 1640 resistance area, where we see sales targeting up to the 1560/1530 target.
Looking at the chart, we can see a potential buy area Follow if you like this ideas! check out my other ones too! ^^
Hello Traders, Keep in mind that if it breaks that zone, it will be invalid! Trade Safe
Hello Traders, Here's my view for XAGUSD, its starting to seem bullish at this point on our channel. Trade Safe
Updated count of TSLA. Tesla's correction should have been complete at the $650 range and .382 fib retracement but market panic elongated the correction. So we have a failed impulse wave 1, which per elliot now becomes a wave X After an X wave we are looking for an impulse Y wave down consisting of 5 sub waves. Judging by the 30 min chart we seem to have...