Good buying potential for progressive increase per silver.Trade safetly
Leading up to now: For this we need to zoom out some, we are looking at just over the last two years of price action with 1d candles. In the first wave, we tested the long term ascending trendline after coming down hard from our $21k high to just over $3k. After the first wave crashed, we stuck around the bottom of the long-term ascending trendline for 4/5 months...
Official 5 waves are done now, so we might expect a correction to the downside with a ABC type of pattern from Elliott Wave. I expect a 50% drop for the whole structure, so my target would be around the 110.266 area and the 0.5 fibonacci retracement region where we see many confluent reasons such as the top of wave 1 and the corrective wave 2. We also see the...
Bullish Wolfe Wave for gold with target 1574 (1.618 fibo extension).
I am looking for a potential sell off that would create a new low.
Hello Traders, Here's my technical analysis for XAUUSD , I'm selling to 1400! Trade Safe :)
We have a classic textbook bearish Wolfe Wave for USDCHF with TP 0.98
Hi Traders! Welcome to 2020 - the year of halving. So the first analysis this year cannot be about anything but Bitcoin. After long weeks and months, it finally went upward. But where is the sensible target and what to watch? The first key event was that we were able to break through the strong resistance and channel. In addition, we broke the neckline in the...
With a bearish Wolfe Wave, this is a great opportunity to short the dollar to 96 against all majors.
A final 5th wave could end around 9300 - 9400.
According to my count we are heading to 1540 where wave 5 (5) will bring us to 1730-1750. Buying 1540 for 1730.
Chart says all. US 30 trending in pitchfork straight railroad track pattern. Bear signal on 12/30/19; comes at or near completion of 5-wave Elliott impulse. Expect Bear down until it taps the lower rail; a bounce from there into Springtime will finish at 30K, intersection of top rail. Short until ABC completes; then all-in Long. This isn't investing advice;...
If my count is right then I believe AU is in Wave 4 currently, so we should see one more push higher to the .707-.708 area. Wave three appears the ended at the 200% Fib level, my priori short idea missed by some, I thought the pair would reverse around the 168% area. Also I Believe this pair is stil in Wave 3 on a larger cycle, I think when wave 5 completes it...
Hello Traders, Gold seems pretty bullish up to TP shown on chart Trade Safe!
Hello Traders, USDJPY looks bearish to me right now, and I'm expecting a drop all the way to 107-108! Trade Safe!
BINANCE:LTCUSDT has broke good resistance and there is a potential buy trade in here with the target shown above on the chart or with an open target using our own indicators . Indicators used : AZV Volume Power Volume Analysis Tool - VAT
See the small xyz(blue letters) correction. Its "y" wave is enormously high for a correctional type of a wave. Suspecting the bulls have activated their buying power) It is finally the rally beginning? Someone says there was a big(1B$) sell on the market... The xyzyx correction surprises a lot of traders, but really it is a correctional type of wave, and we are...
Hello traders, We must be ready for this scenario if it does occur, do not buy on top! BEARISH SCENARIO: