Here we have a longer term trade for BNBUSDT shown on the daily chart. The Elliott Wave pattern shown in the image is an "ABC" pattern. Blue wave (A) moves upwards and consists of 3 waves: A,B, and C (in yellow). Blue wave (B) moves downwards and consists of 3 waves: A,B, and C (in yellow). In accordance with the theory, wave C in an ABC must end with 5 waves,...
** IT'S NOT FINANCIAL ADVICE ** ** SO PAY ATTENTION IT'S JUST MY IDEA ABOUT THE NEXT MOVEMENT IN THE CRYPTOCURRENCY MARKET ** ------------------------------------------------------------------------------ Hello Guys what's up? Hope you feel great and always be happy and successful. Today I want to talk about the Elliot cycle of Bitcoin. it's really...
This is the structure I have been discussing on Twitter, YouTube, and elsewhere since the June 2022 swing low. Wyckoff methodology indicates that it is likely accumulation. The Elliott Wave count may or may not be correct locally. We want to see an impulsive breakout above that ascending red dashed resistance to signal that the wave ((ii)) flat structure may be...
As per my earlier post XAUUSD impulse down is completed and now price action is correcting the impulse in an ABC fashion in 5-3-5 pattern. My target for this ABC is 2020. 2018 and 2030 are the .618%/.786% retracements from the impulse down wave from 2048-1969. If we see any rejections on daily on these levels one can go short. Trade Safe!
Hello Traders! As you can see from the price action, XAUUSD is in sell mode as of now. Currently we are in 5 wave impulse down with a target of 1971.
Wave projection combined with price action and chart pattern trading signal > After a sideway breakout of mega falling wedge - the price pattern breakout of MA200 and made 2 false breakdown with a doubled bottom formation. > A potential ABC uptrend pattern now retesting MA200 confluent zone support at key volume profile POC and golden cross MA20x50. > If breakout...
Apex level as confluence of the Expansion WXY with the Triangle Pattern gonna be my sell zone. If price break 12750, consider to stop selling, might up to 135xx.
This idea is only for educational purpose, and just from technical perspective. I know nothing about the fundamental analysis.
By looking the price action, in my perspective, Gold is on New Motive (Bullish Confirmation). Invalidation level at the chart. Trade safe, everyone!
There's still a chance Gold forming Flat Correction (Wave 4), expect retracement at 88.6 level to go Short. Disclaimer ON.
Here's an update for Nasdaq Composite Index, got 2 alternative move, how about you guys? Let me know in the comment section, Thanks. Trade safe, everyone!
Today's price action will be crucial as to whether or not we head directly into my target box. My past posts have provided enough context. The sweet spot to target is 3772.
It seems like the cardano building up a massive price basis on lower timeframes.
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At Daily Timeframe, Nasdaq is forming Bullish Flag, means: in the short term, selling opportunity. I prefer Alternative Expanded for reversal point.
Parallel Channels, Elliott Wave Count & Cypher Harmonic Pattern in BTC/USDT Weekly Chart.