We have tripple top and bearish flag in a clear downtrend with good economic data from USA. I see this as a SELL opportunity.
We have finished 5 waves and also a bearish flag. It will go down now? what do you think?
as we can see there is forming a potential BULL flag...what do you think guys'
According to my Elliott waves count, we are riding wave three, which is right now breaching peak of wave one level. with help of Fibonacci extension (1,618) i can put my target at around 61,50$ before some correction up, where is also support of trending line. What do you think guys?
BITSTAMP:BTCUSD if BTC is moving inside this wedge, i see great risk and reward opportunity in long position.
TVC:USOIL Here is my bearish scenario for crude oil. I assume we are still in correction from a long spike (wave 3). My target price is at around 50% fibonacci level before oil can go up again. Whad do you think?
As you can see there is no volume...so i expect drop to at least 50% fibonacci level.
I see we finished impulse five waves downtrend, now i expect some corrections upward and opportunity to ladder some sell positions.