Last posts were great, I was able to predict TRZ and PRZ on BTC/USD chart. On this analyze, I tried to show you complex waves & next TRZ and PRZ. Still, we are on corrective wave (Running Flat, micro wave 3 of main wave C), so please do not open Long position for Long term. Good luck.
Figured I'd keep the trend of 3D printing stocks going. This is one I bought after the "crash" and just sold for a loss. After seeing it not reverse I felt I should re evaluate my analysis and see where I went wrong. I thought the correction was over at the 11.91 low. bought on a setup on the 1hr which initial looked good, but then became a flat to continue down....
in the long term range trend enter with a good bull candle after down trend break out great R:R triangle price complex
Good morning Traders I still think this rise off the daily OB looks suspect. More likely a B/X wave before putting in a final low for this correction. Doesn't look very impulsive considering volume plus ETH is currently at major resistance after leading the market with this recent rise. Expecting a SFP at around 12.1k and targeting 10.7-10.9k for an end to this...
Good day Traders Bitcoin: Expanding diagonal invalidated & seeing this as a completed wave 4 correction for now. Bet there's plenty sitting on sidelines waiting for that 10.5k entry.. More likely to me that this just grinds up from here. Daily order block and 4H EMA200 holding strong. I reckon we should target that $12.8 - $13k weekly resistance next. Good...
Hi, Bitcoin's sideways grind is meant to lull traders to sleep. There are some bearish patterns bubbling inside this range that points prices towards the low 8000's. We have a completed 5-3 pattern where a bearish impulse wave (the five) is followed by a complex correction higher (the three). This 5-3 pattern began on June 22 and completed on July 8. This...
I'd love for anyone to offer any alternate counts to this.
Longer term top may have formed in gold earlier this week. We sent an alert to subscribers on Tues May 19 with a full analysis and entry points with risk. The up trend since 2015 is a double zigzag pattern labeled w-x-y. I can count the minimum waves in place at the May 19 high. A lot of harmony is found within the w-x-y waves and subwaves. Prices are sitting...
As the title suggests. After a plethora of analysis. I believe we are just about to begin the final 5th wave down to complete a WXY complex zig-zag on the grandsupercycle timeframe. This theory corroborates my other NASDAQ predictions previously posted. This theory, that we will see multiple legs down and extreme volatility in the coming weeks. To complete...
USOIL is possibly creating a more complex correction that originally seemed. I will not be buying until there is more confirmation in the structure.
This is the extension of the earlier post Another probable setup, looking to the downside
If it complicates, that’s the plan. Too early to forecast, but the post is about the logic of the structure, to understand which waves are worth trading
Fundamentally, it will go if Bitcoin drives the growth. WHAT IS TRICKY WITH THE STRUCTURES WE OBSERVE WITH SEVERAL KEY COINS, IS THAT PRICE MOVES UP ON HOURLY CHARTS WITH OVERLAPS. THIS MAY BREAK INTO TO BULLISH OPTIONS: 1) A LEADIND DIAGONAL (FOLLOWED BY A CORRECTION, WILL DELIVER A NEXT BULLISH STRONG WAVE) 2) A SET OF FIRST WAVES OF DIFFERENT SCALE, THAT WILL...
Hey, This is my Bitcoin view in the longer term. (EW) I zoomed out to get a better perspective where we could be in the larger picture. I was able to get a clear count in the bitcoin log scale chart, which makes me believe we still are in a larger big wave 4 correction. A very complex wave 4 correction but possible as the large wave 2 was pretty simple. What you...
OK Ladies and Gentlemen, Time for a quick update on XRPAUD. It seems we are undergoing a complex correct in the Triangle shown in RED inside wave 2(PINK). From here we have Four scenarios: 1. We are on 5 wave ABCDE pattern(Orange) inside the Red Triangle after which it may go down for Wave 3(PINK). 2. ABC flat correction is over and we are on WX...
We have possibly been in a long flat correction since Feb 2009 with WXY pattern marked above(GREEN). We have not been able to break the red line. Currently in Wave C in Wave XY. From here we can either go for XZ wave and go for triple correction(Green Wave) OR Break the red line and go for a C leg up(BLUE WAVE). Lets see how it goes. This is for education...