The current uptrend seems to follow an Elliot 12345 wave pattern. It seems that we are currently at the beginning of final impulse wave 5. Long term Fibonacci level of 100% is expected to be retested at the end of wave 5. Ride the final wave 5 to gain 15% profit on your position. Open position at 201.2 (Appr. 50% of wave 4 retracement) Take Profits at 232.5...
Potential LONG position for HARMONY (ONE). Elliot Wave Analysis. Currently retesting the WAVE B price in WAVE 1 of greater wave.
Trend and Fibonnaci Retracements. Let's see OPEN: 63.18 SL: 42.74 TP: 96.24
Natural Gas has reached 7-year high resistance on 28th of September. As soon as reached that level a major 16% correction noticed in just 3 days, which found a resistance at the bottom of a symmetrical triangle. It's been following that descending triangle since then. Key date is today or tommorow to see if the uptrend will continue or we will see a trend...
SOLANA is testing the fib retracement resistances, forming a symmetrical triangle. It seems like the 78.6% retracement line is to be tested again. If it manages to break out from that resistance, we expect to to retest the 100% fib extensions of the latest months. Open Position @ 170.6 (at 78.6% extension resistance breaking over the symmetrical...
Following the news, the increasing demand, the forecoming winter, the decreased supply... Fibonacci levels and Elliot waves perfectly match the scenario. We had a massive 12345 impulse wave since the lowest price during COVID We can clearly see the ABC correction wave. It seems that we currently running another 12345 impulse wave, currently beeing on the ABC...
Followed by news for less than expected inflation expansion in the UK and an hourly uptrend since 6 Oct, FTSE is expected to retest POST-COVID highs. Technical analysis for fibbonaci extensions levels and Elliot impulse wave, suggest that a final extensions WAVE 5 is expected towrd 127.2% extensions of current trend. (7335.1) Open Position at100% breakout...
Technical analysis based on fibonacci retracement and elliot waves. From 08 Sep with low 17.00 has gone to 44.50 in 12 days bull run Retracement and correction with ABC elliot pattern down to 28.00 (0.382 I can see the same pattern forming confirmed by Wave 1 of elliot wave. Open position: 39.5 Take Profit: 55.0 Stop Loss: 35.0 This is not a financial advice.
Tezos has break a resistance of descending channel perfectly matching a handle in a cup and handle formation (only broken by the China crackdown news just to re-enter the channel). Already confirmed WAVES 1,2,3 of an 12345 ELLIOT WAVE with retracements and corrections matching the expected FIB levels. A minor correction is expected ( WAVE 4) to be followed by...
77.00 was the top level of post-covid super rally. A major correction of -20% was notice after failing to break over 77.00 completed at 62.50 USD on Aug 20/2021 A reversion and a 5-wave impulse retested the 77.00 USD on Sep 27 failing to break over and causing a correction which found resistance at 23.6% elliot retracement. It seems that the price will retest...
XPR on the way to retest ATH. Current uptrend started at 22 Sep 21 broke 50% and 61.8% fib levels. We currently following a what seems to be a wave 3 of an Elliot Impulsive Bull Wave It is shown on the chart that the current uptrend Fibonacci level of 100% match the 61.8% fib level of the ALH 1.96/Correction Resistance Level of 0.5 (22 Jun 21 and 20 Jul 21) We...
Resistance met at 50% retracament. Expecting test of 38% restistance level (5.00) If breakout over 5.00, next resistance at 5.2 Open Position at 5.25 when breakout over 25% retracement resitance. Open position: 5.25 Take profit: 5.93 (new period high) Stop Loss: 5.10 This is not a financial advise
A bullish trend seems to be forming confirmed by 38.2% retracement. ENTRY: 72.66 SL: 68 TP: 86
Ascending channel and Elliot wave.
I am an amateur trader. I just share my ideas for record purposes. I do not suggest or recommend positions for anyone to follow. Analysis is based on trends, fib levels and Elliot Waves. It seems that everything fits. Please comment!