The price action suggests that we have possibility to see the nest, the 'basis' of a powerful jump. 1-2 1-2, 3 of a 3 of a 3 in progress!
We can call it for head and shoulders pattern or anything, the elliotticians call this 'basis' or nest, and most of time suggests trend continuation.
Cute little nest in progress (1-2 1-2). That's how the price reacting to the bankrun?
It seems like the cardano building up a massive price basis on lower timeframes.
Cardano is still in correctional phase, but the price action suggests that we are close to the ending of the correction. Keep your eyes open, I smell bulls in the bushes. Bearish, than bullish
Building up the 3rd wave of C. Powerful bullish start of the week. Trade safe and prosper!
One of my favorite combination is 1-2-1-2. I smell bears in the bushes, keep your eyes open.
More and more gains. Wave Micro 3/Subminuette C in focus, more bullish movement. Today we have no high impact data in the calendar, so trade safe and prosper!
The usd/jpy pair has started its correctional phase after long and powerful drops (and japanese intervention). Here we have a lot room for correctional rallies, and I smell delicious Santa Rally in all of this.
Classic correctional pattern. If the principles are works the wave C as long will be as the wave A. Bullish, than bearish
I think the price is in a zigzag pattern, and the next wave will be another drop. Bullish, than bearis
Nice zigzag ahead. Based on the classical elliottician ratio I marked thepossible end of the next drop. Itt will be fast.
I don't give it too much importance for the slingshot pattern on higher timeframe but the opportunity is opportunity. It looks like a delicious entry with good RR and a good place for a near term stop. What is your opinion about this numbering?
I smell trap in this sharp, powerful bullrun. The dollar weakness is just temporary and we facing with a tough crypto winter. As much the price going up as much more is the possibility of the fall. Bullish, than bearish.
I'm not reading too much about the politics, but the price suggest for me that the mini wheat crisis is solved. More possible drop in the cards.
The BTC is still in correction even if jumped quite lot in the recent past. Possible higher highs in focus.
Keep your eyes on the WTI light crude, important was been tested and the door is open for a (or more) new high(s). Bullish
The gold have got a bit of backwind and flying, 1700 is in the cards.