hey guys , i am counting GBPJPY today and i see it has another leg downwards to complete a bearish cycle sequence. There is decent divergence already on this last push which i believe to form a wedge soon (cant really tell) The rest is up on the chart , cheers!
WW formed on the 4H and 30m chart projecting a long move to 61.8% fib
Hi all Wait for the price action in 4h time frame then open the position. and be careful the note in the chart. Good luck
Hello everyone, as I have already written in an older analysis (please check link below), xrp is going down for a final sell-off. The one-million-dollar-question is: how long will it last and how deep will xrp crashing down? From an Elliott-wave-perspective there is a key level (yellow box in the green box). The region around 0.24 and especially 0.22/0.21 would...
Hey guys , i was checking usd index for the latest move and this move up doesnt really seem complete to me , despite the bearish sentiment i see on tradingview around it i believe it has a little bit more room left on the upside. Please note the break of yearly resistance from the which this move down would be seen as retest as support then uptrend...
That 1.236 extension is definitely the level to look for a reversal pattern. Refer to my first post.
Hi guys , i had to review my wave count after this strong bull run we had , it has impulsive look and it didnt break the low yet showing divergences. I believe thats the first leg of bull market , invalidation level is the red line , any ticker below the last low around 5.800 zone would invalidate this count. Possible however remains the triangle X (green)...
Since a couple of charts I've been bearish on BTSBTC, in spite of the price moving higher over the past 2 weeks or so. I'm confirming my "Messy Macro View" idea here: there's a strong downwards fibonacci channel at play here, and very little to be excited about in the crypto market. As I've said before, everybody is basically waiting for everybody else to start a...
Reasonably confident these wave counts are accurate. It's more art than science. Look at Mark Rivest's counts , he is even more optimistic than I am: We've got a triple combo 5-V-v wave forming off the shallow 4th wave last week. My Fibo projection for the last stage of the rally is 2937, but it could blow through that easily, won't be surprised to see it over...
Hey everyone. Check out the our last idea about the GBPUSD short trade for better understanding this one. Price dropped nearly to the same level where GBPUSD started its bullish run, where its holding the same level for a few hours now. Going into Asian we do not expect price to move much, but in the early morning somewhere before London or inside the session, we...
We have roughly a $1,200 gap between the levels, and to clear 3 levels will have odds of 3:1, and seeing as it failed twice before ill multiply those odds by 2, so 6:1. Only Volume will confirm a move. - The indicator is Weis Wave Quantum Volume
Here is a well formed WW projecting a bullish open in Monday, This also confirms WW formations on 15m,30m,and 60m. Strong long position.