Previously in BTCUSDT chart we waited so the price get sitting currently where it is seated at, of the position marked to be a potential reversal line for the uptrend to continue, the next impulse is seen so equipped and eager to meet @80,000$ Stay tuned, trade wisely
When you look at the charting, you will clearly see where the price retrace will be reversed potentially speaking; BTCUSDT OVERALL IS UPTRENDING Trade wisely
What happens after a long run none stop? A walk of rest, let’s apply it with prices now We all know what had happen with BTCUSD longing was very long according to wave principle summarize it as “after the long run, rest!(Retracement)”, here in BTCUSD we are dealing with Symmetrical Triangle which is a form of correction pattern described by Elliott to be the...
In the world of technical analysis, the Elliott Wave Principle has long been revered for its ability to identify market trends and predict price movements. However, in volatile markets, deviations from the traditional five-wave pattern can occur, often attributed to the powerful forces of fear and greed driving investor behavior. One such deviation that I've...
A pull back won’t hurt after a long run, just in the process remember the pattern; fall- rise!
We described previously Gold motion movement in diagonal wave one of five, after which a correction of 0.38 Fib displays before the spike expected kicks
Diagonal triangle? Of course traders could mistake it as a regular correction pattern; IT IS NOT a correction pattern, it’s a motive wave but NOT impulsive, when a wave is an impulse it’s a pick up line for a consistent trend and direction believed 75% but what and how should the data price be presented in the chart when the motive is 50% even 35% of course it...
Earlier today we didn’t expect the thrust to be this aggressive, below is where we describe triangles’ effect and after math
When it’s a fall, a descend in pattern? We have a potential spike. After the consolidation, triangle is a correction pattern that often show up after an intense impulse and a sign up for conclusion of last motion movement of the prevailing trend
BTC fall wedge and in five wave is an Elliott wave principle state of emerging spike, let’s see to the fifth wave completion for a bullish continuation
A falling wedge is a wedge to fall prices and practically when one wedges a moving car it get to stop, psychologically when seen by human it becomes so suspicious that movement goes another route
XAUUSD @ a critical support area, prices are likely to meeting with 2085$ approx, Be kind to looking up to confidential price confirmation
85 time in the market is a business of argument, wisely as a trader all you’d ever care to know or do is settle down in at the noise, though at the noise but got you pattern of understanding of how wisely you’re going to take your own decision amidst the noise and blossoming, here is GBPUSD in a position of equilibrium between buyers and sellers it’ll still get to...
This can be a falling wedge to a greater height or lesser height for price to continue downward movement at moment it’s still a form of confusion and doubt, will be fair in some hours. Trade safe
The symmetrical triangle RL breakout already seen we still wait to confirm it is not a fourth wave overthrow for a fifth wave under throw if not and confirmed it isn’t whereas reading candlestick to communicate specifically the confirmation even by a single doji to thrust up towards $2075
Gold manifestation of “golden” phase begins, Symmetrical Triangle; it s about pick the call @1935 to 20””$
What happened two days ago and today confirmed “when the table(price) turns, sideways movement are not always clear until it is; Triangle is a correction pattern that says defines the market previous impulse whether ‘twas strict or mild but in this case gold previous transaction of buy was impulsive in other words strict and here what the triangle says is “break”...
BTCUSD consolidation flat phase for Xmas It’s been a roller skate for the buyers and will be coasting for sellers in this few days before the holiday, think about it you’d want to sell you some for money to get that Christmas tree :) Stay safe