Gold on the monthly timeframe is on it's way to complete its wave 5! On the 4hr time frame we get to see the markets fractal nature as gold is still Correcting its wave 2 of wave 5, inside the wave 2 we get to see a ZigZag structure:A(12345),B(ABC),C(12345) in the current state the wave 3 of the C exhausted all the room the was to go further to the downside since...
Bitcoin seems to have reached the end of its B correction of the Zigzag ABC correction for waven4 now we look for selling opportunities in anticipation of wave C correction of of wave 4 which will be in a wave format them then wave 5 shall begin from the end of that correction with its wave 1 leg which will break structure to the upside and stop around the 70k...
Bitcoin has completed its forth major wave and is Joel's on route to its final gift wave to the 100-104k cap of wave 5
GJ wave 3 is ending as a bearish flag to create a correction for wave4
GU is leaving equal high's as liquidity for the upcoming wave 5, now it will fall and correct as wave 4
This is not intended as a signals, trading involves significant risk at all time the best we can do is minise it
Gold will either form the third leg of its minor correction which will be a wave highlighted by the yellow lines! That would mean it's forming a major leg 2 which will lead to leg 3 ending around 1809, if not the Market can over extend the the current leg 1 to around 1809 retracement back to 1700 for leg 2 of major thrend
Bitcoin broke and retested the uptrend line, now we start the first leg of the correction, anticipated movement is expected to move with the Schiff range
Gold has filled up the gap from 2020, now it will grow! Confluence with pitchfork low touch which will now form a bullish flag breakout! Max movement anticipated at 2400 as a completion of wave 3
Delax is moving as anticipated, touch on the powers part of the pitchfork, now it's time for it to rise
Bitcoin is reaching the end of its impulsive wave.thus a correction is imminent from the 2.618 level on fibs to the the highs of the prior wave one wave, this aligns it with the current pitchfork channel
Gold just made a divergence at the current support which will most like lead it back to around 1900 which is the top of the pitchfork channel! And then fall from there to 1780 which is the major demand.zone
GU is completing is formation of its impulsive wave and gonna started a new wave at the bottom of its channel of the pitchfork, the new wave will finish below the median line of the pitchfork! Showing weakness of the uptrend! This falls in line with the monthly time frame wave completion and start of a major correction before a major wave continues upwards
De30 is well positioned to start of wave 3 of its cycle as wave one an 2 extent created a bullish flag which creates a long entry at either 0.618 /0.382 fibs which are part of the extension of the inside pitchfork! The target is 1.618 fibs and 2.0 fibs since the was an extension of wave one and two! With this coming true it will mean the break to the downside...
After my prior post in GU the market failed to make new lows instead made fresh highs, now the entry point for the buys is @ 0.618 fibs of the current rectangle on the 1hr TF target is 2.0 fibs , this distribution turning to a re-accumulation
Hi has reached the peak of the prior rectangle move!@l at 1.618 fibs, close to monthly order block inside pitchfork trend detector! In alignment with fibs and Elliott wave impulse wave
1.618 reversal in line with monthly order block! Pitchfork early.trend detector an zone reversal points in line with fibs
Dxy is forming a harmonic and needs one last touch on demand zone which is @0.382 fibs which is also a breakout retest and last point of support in terms of bullish flag and Wyckoff schematic respectively .... Upward move will continue till mid April! To reach the supplyn at 1.618 fibs and the fall down strongly to around 0.618 fibs on fresh demand.