Most complex correction structure yet the finale downtrend. Congratulation for the shorting for the one who does! Money on the best grow, it is. #dji #stockmarket
Wave b (expected triangle correction in place) and wave c continue to complete zig zag correction. Cheers.
Wave b retrace 90+% of wave a. Wave c retrace 141% of wave a. Both fulfill a FLAT CORRECTION guideline. UPCOMING MOVE IS WAVE 3. THE MOST ANTICIPATED WAVE. Are you ready for BITCOIN RISING? Cheers.
Currently DJI has rebound to complete it wave c of zig zag(sharp) correction; wave b has retrace 61.8% of wave a, possibility of zig zag correction in place. It next target should be around 25,294.0. as wave c should suppose be the same length of wave a. It will commence to resume the movement of wave 3 of one larger degree impulsive wave downward after it hit...
Chart Bullish on DOW Steel. Any comment?
Zig Zag Correction in progress?
One thing to notice that market has give it first signal of the downside on the last 2 days that it has not hit it fibo target up and have chance to reverse downward. One position still yet to be positive taking advantage of this upward movement for while. If the market break downward from the support line, it has higher chance that the market will comply to the...
Rule of alternation comes into place. It times for the Zig Zag correction. The question is, does it had been completed or just about to begin its final phase of C wave? Cheers.
Now just completing its sideway flat correction. Most probably commence to the 3rd wave up of Impluse waves. Cheers.
We can see that DOW has been in rally after it break the resistance line. This shown that it is in progress in completing it last 5th wave before goin onto correction. So, it next fibo target is around 26080 before it will gone anticipated correction. Cheers.
Now gold price is in ascending triangle pattern. Wait retracement to 'e' to be completed then can consider to buy. Target price as per shown in the chart. Sentiment Bullish as long as above ascending support. Cheers.
Market has become more uncertain when it break above its sideway resistance on Friday. From the chart, now its in the verge between previous support and resistance line. If It break the resistance and subsequently above horizontal B line, we could say that the market has become Bullish as it commence to complete wave 5 before doing correction. If its doing so,...
Now, you can see DJI is in sideway mode. It is obvious in sideway correction (flat)? There is inclination resistance and horizontal support line below. If the price break above it is more bullish sentiment. But because the market sentiment still strong bearish as anticipated correction AB yet to be completed for zig zag pattern in daily chart. What left is...
Last 5th wave in the making in Bitcoin. Cheers. We will see some correction.
NVDA has made sideway correction in wave 2 and sharp correction in wave 4. Extension occurred in impulse wave 3. Now is still in rallying mode to complete it wave 5. Superstock NVDA. Beware, big correction in the futures behold! What your opinion? Comment your idea. Cheers. #simplewaveanalysis #superstock #greatfundamental
Bitcoin as predicted, after making the triangle wedge, has been breakout from the significant support/resistance line. Triangle Wedge. At the triangle wedge, we could see that it had made sideway micro-movement with higher low position and almost horizontal resistance. From Dow Theory, it had compliance Bullish side of movement. After breakout the resistance...
From my earlier post, I had mentioned that DOW will be reach around 25380 level, where the wave 4 of one lower degree is. High Probability 1 Now, we can consider it had hit the target predicted. It completed the day with candle hammer reversal in indication the change of price movement/sentiment. Now it shows it had completed wave B of the big corrective(zig-zag)...
Where the next target / price movement of oil. Base on UK Brent Oil. Cheers.