Bitcoin is like a dream for Elliott Wave user. So here is my most probable scenario for BTC. Well as you can see from my earlier analysis, I am a little bit bear biased with BTC. So beware. A fellow waver is forcasting over 100.000 $ per BTC, and that is from a Elliott Wave perspective also reasonable. Well yes, every form of analysis has its flaws. That said,...
The arrow of blood is nearly fullfilled. As it is nearing the first target of 2700, the waves are finishing with satisfiable closings. What does this mean? Possible some time to breathe for the friends of BTC ahead, with room to 6500. But only one possibility. The other: Any acceleration under 2700 and we are most likely in the endgame already, with no time left...
I don't know why, but the longer I look at the EUROSTOXX 50, the more bullish I get. There are two distinct ways it will work out. Door 1: Rally direct. That would mean no more significant lows. Follow the green line, maybe a little lower low, but not much. Here the sky is the limit and as a stop 2600 has to hold. Door 2: Umleitung. We see a significant low...
It's just an update from the last published idea. Worked well. Next stop about 2700.
BTC had a great run, an unbelievable great run, a once in a lifetime great run. Until 2018. But still is holding great, the Great Wall of 5800 $. Now is the time of reckoning. The last stand at 5800 must hold an onslaught of the barbarians or 2400 is the next stop. And then it will go to 1000, to 300 to nil. But IF the Great Wall of Bitcoin holds the next...
My last long call is over two years old. I was surprised by the extend of the up move. But now I see a 64 BTC/$ target. So be careful with new longs. The scenario is dead with new all-time-highs. And they should come fast. I am not trading the bitcoins.
For some day now, I do not get any data anymore. Any idea? Only empty charts. No matter what...
Deutsche looks like a battled boxer. Under 45 the next stop would be 35. Here will be a decisive moment. New lows under 2009 or nice and smooth ride to the sky.
As a reminder, please look at the old chart idea down at the links. Price action and elliottwave at its best. The old longer short target was 16 $. But from the waves I cannot see an end to it. I wait for a long signal, a wave is finished formation, to try to catch the next big move long. How to trade? Short positions stops bring closer, long positions not yet,...
Sorry, folks, my last BitCoin analysis was too eager. It took much longer then expected. And now BitCoin is - in my waver eyes - in a make or break situation. If it goes below 300, the chances are good, that it will never come back, maybe a long time to say goodbye, but a goodbye forever. If it gets back on track and does a new high over 500, then BitCoin...
After being strong short on oil since August 2014 (see the green arrow... YES, no kidding...), I am expecting the WTI to rock bottom right at or little under 30 $. Two more lows and then there should be a bottom formation, preferably an ending diagonale triangle. Alternative: If not, under 10 $ is on the table (but that I do not see). So I am changing oil from...
From an Elliott Wave perspective there is room for discussion. The wave pattern for the first time for some years show, that the EUR could become bullish. It is a real possibility. But not a safe bet. Shortterm a short, but medium neutral. Check out my former ideas. This is NOT as safe as these, but I told you, I would say something, when I see more.
BitCoins are crazy volatile and not easy to trade, at least it feels like this to me. So this is just for fun. If you look into the chart from a Elliott-Wave perspective, then it could be time for some long movement. False hope if you ask me from my fundamental view, but anyway, something like 700-xx should be possible. If we see one lower low, it could be even...
My longterm target is done. Faster then expected, but I was sure it will. Now it was hit. But. Right now, I can see no end. Two possible points in the chart, but no signs that would support any of them. Basically the 1,07 is a "good" looking target, the 1:1 is the magic number target. But. I am totally unsure where this will end. When I am sure Part 7 will...
EURUSD was THE trade of 2014. The 4. try got the whale. Right on the topping day in March 2014. So here a little update on the EURUSD. Still no bottom to be seen, but from an Elliott Wave perspective the needed is done. Everything else is just the icing on the cake. 1,10 is not too far away, only 8 cents... but the thing running now for over 3000 pips. Check...
It is a awful time since 2011 for fundamental Goldbugs. Everyone else can look more calm. It looks like I can buy gold for around the neck next year again. From the hight's of 1900 $ Gold was pretty beaten down. Around 10xx $ and 800 $ I see two places for turnarounds to new highs. The 1200 were pretty strong but broken now. A little chance for 10xx to bottom...
Wow. This one was spot on. See link below. From 50,80 to 31,76. Couldn't be more happy for the analysis, sadly I did throw the trade away, way too early. So why now the revisiting. Because. The green line could start, so at least the stops should be brought closer, or parts taken of the table. The 35 could be a nice stop. My wave sentiment: So neutral to short. ;)
As you can see the "First sign of deep shit trouble" indicator is moving into the alarming area. The chart is only marginally changed from the first one (link below). But the VIX now NOT long anymore, and not yet short. Neutral with potential, I would say.