In a previous post I talked about this being a risky time to buy for a long term investment in the S&P, Emini, SPY, or MES. Despite what the media may want you to believe - this market is no longer in a strong bull trend. If it was, prices would break out strongly above previous highs. But what is happening instead? Prices go mostly sideways to down,...
There is possible to move one more down but i will ignore it and focus on buy setup. wait the confirmation to buy.
Just an idea. Not sayin' this is goin' down; maybe we already saw ATH today on 7/15. But, maybe a brief pullback to lower channel TL culminating on 7/23 will provoke a feeding frenzy coupled with FOMC rate cut to push the darn thing to 30K. Could easily rise another 6-8% in euphoria and carefree complacency that prevails atm. If this plays out the subsequent...
After very close inspection, it appears that TRX is in a pattern that is extremely similar to the correction that occured on BTC during 2014-17, before the previous "Alt Season" began. It's quite uncanny actually. These rules and guidelines end up working perfectly on BOTH of the above charts. Violent Wave-A Shallow and relatively long (time-wise)...
USDMNX will be bearish for long-term
Hi guys, Just an alternative idea to the diametric idea - as I was going through this, I realized it isn't clear at all which case makes more sense, as both seem to fit very well. We could be in Wave-2 of a larger impulsive series, currently on Wave-A of Wave-2. I would expect Wave-C of Wave-A to end at $7100 before we head into Wave-B, and hazarding a guess...
Uk100 broke wave 4 from an ending diagonal within a ZigZag correction pattern we anticipate that it will visit 7617 then 7747.9 if the price breaks 7487.3 level then the scinario will be invalidated .
HI BIG PLAYERS, FOR THE NEXT WEEK I FOUND A WOLFE WAVE CONSTRUCT THAT GIVE YOU A NICE START FOR SHORT TRADE. WAIT HERE FOR THE FIRST DOWN IMPULSE TO TRADE THE A RISKREWARD OF 6:1 - IT COULD BE ALSO THAT THE BEGINNING BAR WILL DEVELOP A FEW BARS LATER. THE RED CIRCLES SHOW YOU THE POSSIBLE STARTPOINTS. ARE INTERESSTING FOR MORE BIG WOLFE WAVE SIGNALS ooo(^ <...
Look for another move higher as a 5 full Elliott impulse 5 wave has completed and is now closing in on fully correcting for another leg higher. It has regained the 50 day moving average a bullish sign and the MACD and RSI are positive also. Good luck.
IM LOOKING FOR A GOOD CANDLE PATRON BETWEEN 0.99520 AND 0.99130 IN THE CIRCLE ZONE IS A GOOD TECHNICAL CONFLUENCE ZONE ESTOY BUSCANDO ALGUN PATRON DE VELAS ENTRE LOS PRECIOS DE 0.99520 Y 0.99130 EN LA ZONA MARCADA CON UN CIRCULO, ES UNA BUENA ZONA DE CONFLUENCIA CON LINEAS DE TENDENCIAS, FIBOS, CANALES Y ONDAS DE ELLIOT Y SUS CORRECCIONES. - NO ENTRAR SIN...
We have plotted an analysis with probabilistic Neo-wave patterns of possible motion
I feel like I am the only one that is short term bearish.... Target 8kish
Hi guys, Pretty sure I was wrong about the larger diametric. I think this makes more sense overall, we are probably in an X-Wave, and this is potentially Wave-4 of the first leg of the X-wave. Should head near the high of the run again, then head downwards for a while for Wave-C of Wave-4 (see chart). I will include a larger picture of what I think potentially...
Is very likely to see gold reach the 1450-1460 levels in the next few hours/days