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Wave-4

BTC notes for aug monthly closetitle as is working. going to be transitioning to 1hr, 1day trades myself. busy time of year it would seem. still mindful of the ongoing monthly closees etc. Trading Disclaimer: All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset. All content presented is for entertainment and education. No Financial Advice. Past performances are not a guarantee of future outcomes and or results: trading involves strategizing probabilities, there are no expectations on any given trade. Always do your own research and consult a team of professionals from finance and law before proceeding with any type of action in personal finance. All information provided by this account is a general market commentary and does not constitute investment advice or financial advice. None of the information communicated in this accounts tradingview publishings are financial advice and/or incentives, solicitng, advertising, manipulation tactics, and any other malicious behaviour - no, solely for entertainment purposes ONLY.
BShort
by The_Clown_of_Smyrna
BTC The Wave Principle | Diagonals + BreakoutsEasy setup for a quick trade, it's an ending diagonal + abc below the structure. You get the Fibonacci retracement tool there and go for 618 retracement as entrance, and -0.272 | -0.618 profit levels. Just try this in the past and see it for yourself: how many times does this combination of behavior has happened before? Hello, I'm Lito. I've been studying the wave principle for a while now, and I have found that price movement shows us the market behavior. ...what is this? people call it elliott theory, but it's a principle. that word means description of the behavior, but to be more precise: human behavior. Our emotions into charts, movements in dynamics ups and downs, in an oscillator=diagonalish increasing financial market. impulses + corrections, on the move every single day. Some are slow, some are fast. there are days and moments of fast movements, and then indecision and slower movements show up. There are ways we can study this behavior and it's called The Wave Principle, the book Elliott Wave wrote about. If you want to learn more about it, read this chart. There's a link there. See ya. ps. you can study the chart by following figures. If you don't recognize any of them, maybe you should watch my videos. Follow the link in the chart.
BITSTAMP:BTCUSD
by WavePrinciple-Net
1
BTC The Wave Principle | Are we here?As I've been studying the wave principle, I have found that price movement shows us the market behavior. ...what is this? people call it elliott theory, but it's a principle. that word means description of the behavior, but to be more precise: human behavior. Our emotions into charts, movements in dynamics ups and downs, in an oscillator=diagonalish increasing financial market. impulses + corrections, on the move every single day. Some are slow, some are fast. there are days and moments of fast movements, and then indecision and slower movements show up. There are ways we can study this behavior and it's called The Wave Principle, the book Elliott Wave wrote about. If you want to learn more about it, read this chart. There's a link there. See ya. ps. you can study the chart by following figures. If you don't recognize any of them, maybe you should watch my videos. Follow the link in the chart.
BITSTAMP:BTCUSD
by WavePrinciple-Net
2
Elliott Waves & The New Post Corona Reality.The start of the Covid-19 pandemic kicked of a volatile time in the stock market with a 34% market decline in 24 days. This marked a clear new leg in the market and allowed one to start an Elliott Wave mapping. In this chart, I begin with the classic A-B-C correction wave as the market declines and follow it up with the 1-2-3-4-5 impulse wave of the new Bull market that emerged from the ashes of the crash. The market then experienced another corrective A-B-C wave from September to November 2020. Still, it emerged again with the promise of massive government stimulus into a new 1-2-3-4-5 impulse wave supporting the major Bull market move. In the chart above, you can see that it really helps with plotting Elliott waves to use supporting indicators; I have used Cumulative Money Flow and Relative Strength Index to confirm the moves. In technical analysis, it is always a good practice to use a price-based indicator (RSI) with a price/volume indicator (OBV or CMF) to give you two different perspectives on the same chart. By mapping a 9-day moving average (MA) on the RSI and CMF indicators we can see that when the indicators cross down or up through the MA we have a strong confirmation.  This helps with recognizing a new wave pattern sooner, rather than retrospectively.  What's Next I expect in the next few weeks we will see a corrective wave emerge, which will be signaled by a MA crossover of RSI & CMF. But until stocks have any competition from Bonds/Treasuries, the market will continue to move up. The only caveat is a macroeconomic disaster, for example, the pending crypto market collapses, which will send shock waves through the financial markets, but again, stocks will eventually emerge victoriously.
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SP:SPXLong
by liberatedstocktrader
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