Euro/Australian Dollar 4h Wave Count. In the impulse main 05th wave confirmed. then we have to hope a correction of Euro pair.
Looking for Tesla (TSLA) to produce a Wolfe Wave bottom in the mid to low $130's over the next several days. (That said this is so oversold it may not get there.) This achieved I have an early February 2023 target of $190. Not investment advice ... do your own due diligence. Momentum oscillators in the bottom pane should give an early warning. Seasons...
In the impulse wave, 5th wave created confirm. There is possibilty that Start correction Zig Zag wave, in ZigZag A wave was confirmed and B wave might be at 1300 o Supply Zone. but in main B wave correction sub B wave might be at 1150 as retracement. ETC is still in corrective slope channel. waiting for C wave, heavy downtrend afterwards.
Picking bottoms particularly recently in the oil (WTI) complex, sometimes produces sticky fingers. That said, one could build a technical analysis case for a bottom formation at current levels. A) Longer term we have a completion of a Harmonic Bat. (insert) B) Shorter term turn we have : 1) A completed Wolfe Wave 2) Black Swan harmonic formation 3) An...
HI BIG PLAYERS, I'm back with a nice Wolfe Wave pattern on EURJPY. This short setup give 2 trading chances of risk-return-ratio 1:10 (TP1) and 1:5 (TP2) Best regards NXT2017
This Eliott Wave Count of Niocoorp Develoopments reflects a bullish longterm Supercycle upward impuls pattern of the marcet. Wave 3 upward impuls pattern should lead the PPS of the shares above 106 Dollar propably higher, after the a-b-c running correction of the past months. If the abc correction should last a little bit longer the 0.84 Dollar are an exiting...
wave analysis price action liquidity imbalance impulse wave correction
This is the single most important thing I learned trading that elevated me to the next level. The cleaner the chart the better. Sometimes you have to start with clean slate. In this chart you can see clearly what is happening in the market. Big money knows best. Ride the wave with them... It doesnt have to be perfect, find your zones, Wait for two red or two...
Nice hourly pump we have today. Looking for Bitcoin to retest the $17,500 levels or come down $200- $300 once the hourly wave looses momentum. We've peaked on all of the major oscillator indicators (RSI, Stochastic RSI, and MACD). Much peace, love, health, and wealth!
This is no advice to buy or to sell a the presented underlying. Each investor is acting on his own risk. Only for educational purposes.
A strong rejection was evident in gold at the $1810 level; which if you have seen my previous ideas on the longer term elliot wave count on Gold, there is valid argument to suggest a larger B wave top was formed at $1810 whereby a macro C wave down can occur and the waves shown on chart are the beginning of the subwaves this larger C wave move. From the posited B...
Hello traders Bitcoin is moving in an upward directional movement that may continue to 19 thousand, where there is a strong supply
Target box near term is blue box with point target 1448, solid green trajectory should respect timeline drawn, dashed extensions is just illustrative that it will bounce after the move and subsequent retracement. Has resistance at current level which it will break with explosive upside in coming days - has been re-accumulating for over a week. The pullback from...
Gold has had a strong uptrend since puting in a low of $1040 which preceeded to an impulsive wave structure to the upside with a 5 wave structure evident; a clear 3 wave structure can be seen in Micro Wave 2 before a strong Micro Wave 3 occured to the upside which was the largest and most impulsive wave of the Micro degree thus following the elliot wave rules...
The forecastable ensuing path for bitcoin price action since November 9 when bitcoin bounced off ~$15600 was paramount to the identification of the wave structure of that such bounce; whereby, price if zoomed in bounced up in a clean 5 wave count with extreme validity. Therefore, given such wave structure of the bounce we could expect a 5-3-5 flat pattern to...
+ Ensure the nature of the cycle: 1 Halving cycle = 1 full price movement cycle; + Validate the 3-wave structure for the correction from 29K to 69K by the end of 2021; + Follow the extended flat corrective wave pattern with peak B higher than peak 5 and wave C with 5-wave structure;
momentum correction liquidity price action market structure liquidity demand zone
EURNZD on 60 minutes chart, completing a 5 wave movement respects to the elliot Principles, currently wave 5 facing a truncation at the price level where wave 3 ends. All 5 wave respects fibo levels as per the principles of wave analysis. RSI showing divergence as showing noticeable higher value at the same price level, where earlier showed lower value...