GME Wolfe Wave SetupGME Triggered a bullish wolfe wave entry at $82. It was one of many tickers that developed this setup during the recent pull back across the markets. However this Wolfe wave caught a 130% move. In addition to bull entry trigger from the script, the DBOL algorithm also switched out of a sell short and into a long position. Positioning in calls and staggering the expiration would not have been a bad idea.
Wolfe Wave
Wolfe Wave Pattern on the 4H chartLooking for a quick climb to around $9850 in the coming days.
After a touch of around 9850 we could see a relative quick reaction down. If this works out this will be the 5th touch of the ~8830 level which won´t last in my opinion. First level of interest for me from that point is around 7980 level.
Please use this for informational purpose only and have a great weekend.
Crazy idea! Oil will be back to ~70I am trying out a technique called Wolfe Waves. You can google WW to learn about it.
Technically, by using this technique, oil will be back to ~70, into the trend. Then, the number '5' here shall be a fake break out.
Fundamentally, the current war may have a positive worldly-meaningful expectation soon.
The drop-into-the-trend may look crashy. We will hear a little chaos/fear/shock/whatever. But technical trader may remain calm and just look at the chart.
Additional idea, Oil will make Double Top (better if confluenced by a positive news) and take the Big Round Number 130.00, before crashing.
Like/Follow/Comment if my idea is any helpful.
Viveve Medical ⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
Safe Haven Rally Could Be CompleteGold has seen a strong surge due to being a safe haven commodity. The war between Russia and the Ukraine is playing a big part here as well as the inflation situation in the US.
We could see a break of the highs on this move but a larger correction is also on the cards should there be some relief. Time will tell which option plays out.
Happy trading
Linton
🧿 A Lovely 🅱️bBtcChrt Wouldn't You Agree ? 🎱One Might Find
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BINANCE:BTCBUSD
Ripple without doubts! Could REACH above $3.36 !Ripple XRP/USD maded today very important move, and did breakout on Daily Chart that we posted 2 days ago, this is good move of chapter. As we expected over 2-3 weeks, up support area 0.2395 and downsupport-area 0.1766 is still strong, and they playing with each other. In this case we can expect a new Market-Cycle! The same case is for Bitcoin and all TOP Crypto with near BTC Dominance.
- We want to mention in this chart, are two indicators of 3 candles in 2017 (that was a bullrun and a chapter of new Market-Cycle) and 3 candles in 2020 , looks familiar, right? In 2020 we have the same last candles-sticks that we saw in 2017 in Mohntly Charts! Let's say that this is coincidence in majority, but let's take a look in 2017 at candlestick with number "1", before this first candlestick we have already an candlestick let's name it "candlestick with number 0"(back of first candlestick), so it's also the same like in 2020 , coincidence? Not really! But this is just little psychological idea that we exposed. The most important thing on the moment it's how Market will rally, if we look at Bitcoin - he also it's on very important support that every little move it's important, and he still strong with sharing his 68% dominance in crypto majority. Ethereum also doing well, some breakouts that it's example for Ripple, it's done. (as we said in last post) Cardano ADA on the same steeps, EOS/ Litecoin & XMR also doing well the same moves. Without doubts, breakouts of other Top Cryptos and those strong supports levels for Ripple and Bitcoin, 2 years in the same Bear-Marketcycle, could be a new Chapter of STRONG MOVEMENT UP & New Market-Cycle.
- This is like a BOMB that playing on strong supports area: down and up, like a bomb sound playing with those levels 0.1766 vs 0.2395 (.......pip-pip-pip....pipipipipipipipipipi...BOOOM)
- Hope you guys you support our work with a like and share of this post! Also don't foreget to follows us! :)
You can motivate us to post more analysis cryptocurrency charts! Thank you! ,)
Mention: This is not FINANCIAL ADVICE! Just EDUCATIONAL ANALYSIS!