A Volatility spike is likely coming We are bouncing from a downard impulsion target level Right after Price Reversal Yesterday. Wave 2/B possibly in. Sell Prelude 2/9. Minimum target 15.5
NASDAQ:TSLA is reaching an interesting area for a short idea: Pros: - Weekly SELL Prelude 9 - Daily Exhaustion point in the Flow (SEQ 34) - Potential Wave C Target Area - RCI showing exhaustion Cons: - Daily Flow from Jun 12 still in progress (9/13) - Impulsion upper target near 300
NASDAQ:NVDA is reaching an interesting area for a short idea: Pros: - Daily Exhaustion point in the Flow (SEQ 34) - Extended Wave 5 Target Area - Price Reveral if daily close below 454.69 - RCI Overbought Cons: - Can Still reach higher WV 5 Upper target around 520 - Daily Sell Prelude 9 still possible
The TVC:VIX is showing signs of a bottoming pattern: Inverted head and shoulders. Exhaustion point in the Flow (SEQ 13, followed by a price reversal) Potential targets are 18.8 and then 22.
NASDAQ:NVDA is currently in a consolidation phase following a recent exhaustion point of the FLOW SEQ. The minimum target for wave 5 has been reached, but there is still potential for further expansion. The recent price action has not yet provided clear upward impulse exhaustion target. Caution is advised at this stage. The price has just found initial support...
Converging signal with Weekly and Monthly Good potential entry for a short with optimal risk/reward (Stop Loss nearby)
Hi Everyone, I am back with a bearish outlook on $TSLA. Looking at large timeframes, we are possibly hitting exhaustion points Monthly C21 Weekly S21 Since higher timeframes are pretty significant we should favor a bearish scenario for the incoming week(s). For now, no bearish targets, it is too early but trading ideas should show up next week. Take into...
The S34 opening sell signal is likely to show up tomorrow at the open. Look for a daily open above 436.56 to get a confirmation. The intraday entry will not be easy to spot with high volatility expected. Supply Line (level8) will also generate a breakout signal that will have to be invalidated on Wednesday’s close to confirming the sell signal. Hence it is...
RR around 4 Daily S34 exhaustion point incoming Look for a daily open above 436.56 to go short Could match touch of either : Supply Line (level8) // Gray dotted Line BO Target of Supply Line (level1) // Orange solid Line Best! MATHR3E
$DXY is looking it wants to bottom. These are the elements in favors of bulls: A recent bullish divergence on the RSI indicator. The RSI has found support on 40 level The RSI divergence perfectly matches the end of a bearish Wave5 The Bullish Wave 2 has been triggered and marked a low signaled by S34 and A55 exhaustion points However, there are still...
EURUSD has recently drawn a clear and complete Elliott wave pattern. Waves 3 and 5 have perfectly reached their objectives, as well as wave C. The ABC corrective pattern is complete and the price is now consolidating below 1.20. The Elliott Wave indicator is now pointing out 2 scenarios: - a bullish wave 3 in progress - a bearish wave 4 in progress The bullish...
Chart preview update Link to the original idea below
$DJX may be on the verge of a major decline. Many signals points into that direction: - S13 exhaustion point recorded today (October 6th) - Daily Price Flip - Daily close near Demand Line - Wave B recently triggered after a recent advance of 5 upwaves - RSI lagging near neutral zone From this observation, 3 different scenarios can be drawn: 1. Moderate Bear...
The #VIX is on the verge of renewed volatility. Following the spike at the end of February, volatility then calmed from mid-March onwards. Immediately afterwards, we observe the formation of 5 bearish waves ending around mid-August with an exhaustion point S13 A new bullish wave (1) was then triggered and peaked with a SU9. Wave 2 came back to test a solid...
$BTC bounced back stronger than I expected. It actually reached the 61.8% Fib retrace of bearish Wave 3 Now Wave 4 (bearish scenario) has been triggered and a Sell SU9 has been recorded Wave 5 may have started with the recent price flip. If wave 5 is properly underway, the most optimistic target is between 9,000 and 9,800 USD. This could coincide with a trip...
#Tesla potentially reached the end of its bullish 5 wave on September 1. The first bearish leg could indicate a retracement of wave A and the current upward movement is a wave B. The price is currently reaching a first zone of resistance (between 50% and 61.8% retracement of Wave A). This zone also coincides with: - The triggering of wave B (and 2 of the bear...
$BTC has just reached a potential Bearish Wave 3 Target. Now Wave 4 (bearish scenario) can begin and reach a price target between 10.400 and 10.700 USD (max 11K USD) Once wave 4 is over, a bearish wave 5 is expected. The most optimistic scenario is that: - Wave 4 retraces 38.2% - Wave 5 Fib projection doesn't exceed 100% of Wave 3 amplitude. In this case, there...
$XAUUSD has reached a weekly local TOP here on a 9 Sell setup combined with a C21 combo countdown. Wave 5 is also in progress but it is too early to confirm its completion. Positive elements for a bullish continuation - The most recent Sell SETUP 9 resets the previous countdown since its size is between 1 and 2.618 the previous TD Sell Setup. - Still no signs of...