CoinedByCrypto

CoinedByCrypto

With the drop we could have seen the end of the 5 wave down on the SP and now heading up. Triangles are normally 4th wave characteristic.

CoinedByCrypto

Textbook drop from triangle have made Rimm come back to it's start base line and made a triple bottom. EW shows the count back to the base line. I believe it needs to retest or make a 98 fib retrace before go up again.

CoinedByCrypto

A classic ABCD pattern makes a 1,27 fib extension of the AB leg. The extended ABCD pattern makes a fib 1,618.

CoinedByCrypto

A daily Elliott Wave count. So fare the TRX is in a wave 3 of 3 making a breakout over the red resistance line. The same breakout is to be seen on gold. I have mistakenly believed that the minor wave (green) 2 was part of a wave 4 zig zag. In hindsight it was obvious not the case. The TRX being in a wave 3 of 3. I'm of cause very bullish on the stock. The TRX...

CoinedByCrypto

Seems like it follows this rhythm in the Gann Box. Adds well up with the Elliott wave count. Just remembered: www.youtube.com

CoinedByCrypto

If the harmonic pattern - the bearish butterfly - plays out it does look like the e-wave form my TRX Elliott Wave study part 1 is in and a 1,27 fib could be coming . Bringing the stuck back to it's ATH

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This time around with Andrews fork.

CoinedByCrypto

This is my study of TRX beginning with a weekly view using Elliott wave. I'm long term bullish on the stock. I see TRX being in a triangle making a push up an break out after making an e-wave or an alt c-wave. The push will be in 5 waves up where it will meet the red resistance line. Here it will be determent whether it will be the alt d-wave and thus have a...

CoinedByCrypto

A buy opportunity could be the retest of the broken upper red resistance line Which I expected to break very soon :) .....after creating a small bullflag.in the 3,40ish area.

CoinedByCrypto

Wave 4 played out as a double zigzag and not a triangle. Normally a zig zag is a 5-3-5 wave structure and then an X-wave up. After this the same happens again, but I count twice - on the 15 min. chart - a 5-5-5 wave. I'm heavily invested and buy any pullbacks for the wave 5

CoinedByCrypto

Not everything in trading is summing up and fit a 100%, but I have tried finding the most likely "bullish patterns" which eventually all become bearish. But until then I see the stock being a long term good investment.

CoinedByCrypto

Triangle wave 4 done with a backtest ... I'm long It could be 3,44 before it turns up so it takes the middle of the triangle for a wave E and then up....but it looks like it 3,49 or 3,48 Be aware of that the ABCD is set with the Gartley tool for creating the triangle. In Elliott wave the A should have been placed where B is ... B where C is and so forth. SORRY!...

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I'm looking for a gap and go to happen very soon (might already be tomorrow or thursday). Thursday could be the case for it to wait for the SP moving in to minor wave 3 as well. If tomorrow I would expect a gap up to around the 2,80 level or as high as 2,86 and then to retrace to 2,78 level for a possible rest of the gap not to be filled. As to be seen on the 4...

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Have updated the chart according to the latest development. I see wave 1 ending around 1654. (1657 is to stretch it to the limit) And we'll might see 1776 much before the end of the year, but I'll not change the slope of the channel line before we'll see where wave 2 down ends. My primary bullish count: Wave minuet (1) of minor 3 of major is near completion at...

CoinedByCrypto

TRX still showing the right bullish move. Now heading for a 3 wave up.

CoinedByCrypto

Looking for 5 wave up. Republished due to wave points not shown correct the first time.

CoinedByCrypto

Most of what's to be mentioned I have stated on the chart. During the weekend I made a comment on nmikes monthly chart. I was agreeing in what he saw....that the bull market looked like to be continued. I see it the same way, with next stop around 1776 at the end of the year. It's a bullish count. Fed has made a live test on how market would react to tapering. It...

CoinedByCrypto

For the primary count minute wave (5) of minor 1 of major 5-P3 is underway heading for the at least 1627 and move likely 1643. There will then be a retrace for minor 2 back to 1600 support before minor 3 makes a new high above 1687. Initially I have a minor 3 target at about 1736. Ultimately, the major 5-P3 target is at 1775 sometime late 2013 to early...