iverwl

iverwl Updated  Nov 9, 2022

DXY is in a triangle wave 4, working on the final leg down before we go up again in a 5th. We will take out the liquidity under the relative equal lows marked with green line. Then the recent rally will end, and bear market will continue. Not investment advice, just for educational purposes.

iverwl Jul 30, 2022

Looks to me like the DXY is in a diagonal, working on the last ABC up to roughly 115 in a couple years time. Ghost line pattern suggests rough outline for price in the coming couple of years. Not trading advice, just purely as I see the market.

iverwl Jul 30, 2022

Medium term for BTC looks like a diagonal, and it seems corrective. Pretty neutral bias at the moment. Macro is bearish but maybe the FED has actually started QE on the sly.

iverwl Updated  Jul 25, 2022

Looks to me like the correction to the upside has finished for now and we have started a leading diagonal to start us on the new trend down. Look for one more leg down to the 5th of the leading diagonal before a correction to the upside, which gives us the wave 2 of the new trend down. Not trading advice, purely educational EW. No price targets in chart.