Market_Minds_SM

Market_Minds_SM

After the market completed a series of five bullish motive waves, it experienced a sharp decline characterized by an ABC corrective pattern. The price retraced to the 61.8% Fibonacci level, subsequently forming a leading diagonal pattern in wave 1. Additionally, an inverted head and shoulders pattern emerged after sweeping a key daily swing low (SSL) liquidity...

Market_Minds_SM

As anticipated, after completing wave 3, the price began moving downward in a flat wave 4 formation. Wave 5 of (C) is expected to conclude at the levels indicated on the chart, with a preference toward the 86,750 level. From an SMC perspective, the price is currently in a buy-side imbalance (Fair Value Gap), meaning the price delivery algorithm is likely...

Market_Minds_SM Updated 

The price appears to be forming Major Wave 5, which is part of Cyclical Wave 3 on the higher time frame. Currently, we anticipate the price is completing Wave , after which it is expected to move upward, breaking the recent high to form Wave of Wave 3. Following this, a corrective Wave 4 is likely to occur, targeting lower levels. According to Elliott Wave...

Market_Minds_SM

potential inverted H&S most probability will complete and reach its target..........Why? Because it has been formining within complete five waves. By El- Sayed Owaidy, CETA, CFTe Founder of The Egyptian Academy for Elliot Wave “EAEW"

Market_Minds_SM

According to Dow, there are two primary trends in the market, the primary uptrend and the primary downtrend.Both primary trends consist of three phases. Phases of the Primary Uptrend -Accumulation Phase -Markup Phase -Distribution Phase Phases of the Primary Downtrend -Distribution Phase -Panic Phase -Discouraged Selling Phase Note that the distribution...

Market_Minds_SM

According to Dow, there are two primary trends in the market, the primary uptrend and the primary downtrend.Both primary trends consist of three phases. Phases of the Primary Uptrend Accumulation Phase Markup Phase Distribution Phase Phases of the Primary Downtrend Distribution Phase Panic Phase Discouraged Selling Phase Note that the distribution...

Market_Minds_SM

The price has been moving within a diagonal channel since 2009, completing five waves. We anticipate that the price has been forming a corrective structure following the downward movement in October 2022. Currently, the price may be forming Wave c of Wave (B), after which we could see a decline toward 97.81 "Wave (C)", potentially testing the lower boundary of...

Market_Minds_SM

"As noted in our previous analysis, the price was targeting 2,695. It has since reached 2,720 in seven waves, which may represent Wave 2 or B. Following this, the price began a new downward move, likely forming Wave C or 3. The price is expected to retrace inside the recent bearish imbalance (Fair value gap) to levels: -** 2,645.96 -** 2,655.51 -** 2,667.90...

Market_Minds_SM

The price is anticipated to complete the five-wave motive structure to the upside, concluding its minor corrective pattern. Following this, it is expected to proceed with a larger corrective move, interpreted as wave (C), potentially targeting the low at 99.08. El Sayed Owaidy, CETA, CFTe

Market_Minds_SM

In August 2015, the price began a clear five-wave motive structure to the upside. By October 2016, it transitioned into a multiyear sideways movement, forming an Inverted Triangle or "Broadening Formation." This corrective phase is believed to have ended at the February 2022 low of 0.8203. Since then, the price has moved higher, reaching 0.8275 (the 2022 high),...

Market_Minds_SM

We believe that the Bitcoin is building in wave of III on cycle degree targeting level around $125000 . PS: It is clear that the wave of III is not the shortest wave, so it may ends at any level higher or below the target @ $125000. El Sayed Owaidy, CETA, CFTe

Market_Minds_SM

We believe that gold is currently in wave of the fourth wave and may have completed this wave in October 2024 at the level of 2789. Gold finished its third upward wave in 2011 at 1920, after which it declined to 1046 in November 2015, which we interpret as wave of the fourth wave, rather than the complete fourth wave as many analysts worldwide suggest. Our...

Market_Minds_SM

Gold experienced a significant $200 drop, forming a clear five-wave decline that hit its downside targets. A bullish engulfing candle and a Tweezer Top pattern have emerged, indicating a potential upward rebound in a corrective wave targeting one of these levels: 2665, 2690, or 2715. Gold might dip again before reaching these targets, but as long as it does not...

Market_Minds_SM

We believe that gold is currently in wave of the fourth wave and may have completed this wave in October 2024 at the level of 2789. Gold finished its third upward wave in 2011 at 1920, after which it declined to 1046 in November 2015, which we interpret as wave of the fourth wave, rather than the complete fourth wave as many analysts worldwide suggest. Our...