Price has been in a bearish trend on EURUSD, but that remains the case. We're currently in a 1-2-3-4-5 impulsive phase. On the intermediate degree wave 3 is sub-divided into an impulse as well which should be the case, which is a minor degree. On the minor degree, we're in a wave 4 phase and we can expect a wave 5 sells. Remember waves 1 and 4 never overlap and...
Not saying this exact thing will happen here and now. I'm showing a display of fractal growth in waves, within Elliot Waves rules. This particular example im showing doesnt have any larger fractal waves to count from or anything, but i have started here because of a potential larger wave completing...and IF thats true, then we should expand with fractal waves...
After successfully surpassing the previous swing high with considerable volume, attaining a fresh 52-week peak of $2.85, and witnessing the 50-day moving averages intersecting the 150 and 200 SMAs, ATAI appears poised for a reversal from its downtrend. **Potential Scenarios:** **Scenario 1: Triangular Consolidation (Orange)** ATAI may undergo consolidation...
DOT completed a five wave advance starting in Oct 23 and then put in a high on 14 Mar. Since then it sold off sharply. I suspect we are in wave 4 of c and about to put in an additional low before we can look for an impulsive development on the intraday charts. I'd buy a break above the b wave high at 10.06 (stop under 8.08) , or if new low forms in the next...
Expecting to go long after retracement. Waiting for price to establish a clear bullish signal as clear confirmation bias. This is because we also expect price to continue in the direction of the uptrend by retesting the recent higher low near last week low, keeping in line with the overall trend and Elliot Wave analysis
Bitcoin just completed a regular flat correction that ended at 60,000$, and now we are continuing the rally with new impulsive waves. on a small scale, bitcoin recently finished the first impulsive wave (wave 1), and we are about to undergo a small correction that will bring prices back to between $65,000 and $62,000. After this correction, we will enter the...
(originally written October 2023) Bitcoin has dominated headlines iover the last decade+. From a logically defying concept crafted by Satoshi Nakamoto, to a collectively embraced path towards the future, the world’s first cryptocurrency is undeniable. Unless you’re Warren Buffet — or Horus. From humble beginnings at $0.01, at its fairly recent all-time high near...
Waiting for a new higher low retest above recent lower high (0.85703), near Fibonacci zone of 0.50 and 0.618 where high probability set-up's occur. The recent breakout could also be a sign of a trend reversal as confirmed by a bullish pennant chart pattern.
Here is another Midterm BTC trading Update. The Long from the 62784 Range is SL BE So if we dont break down to the Low Levels, I'm profiting. I'm not Shorting BTC Due to the Done Correction.
Another day another opportunity to enter longs. I'm Hedgen 100% with a 800$ Spread. If we break the 67100 i will close the Short and ride the Profits. if we dip into a 2 I can put SL BE and gain a 100% expousre.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! I think this is a produce company or something...🤔 Very nice clean chart. So many ways to play this.
It is possible that C98 could start to regain upside momentum soon. Even though the impulsive movement is not entirely clear, I´m relying on multiple ABC wave patterns. Wave Count: My primary count suggests there is one more leg downward needed to complete black wave C. Strong support is anticipated just above the 0.20 price level. Technical Indicators: I...
© Master of Elliott wave Analysis: Hua (Shane) Cuong, CEWA-M. (1D Chart): Details: Short-term outlook shows that wave ((y))-green is ongoing as a Zigzag and wave (a)-purple has ended. Therefore, the (b)-purple wave is expected to have ended, and may be ready to push even higher. Pushing higher than 16.5 will be the first step to renew this outlook. Invalidation...
We talked about bullish GrayScale Bitcoin Investment Trust (GBTC) already back on February 28th with a weekly free chart, where we mentioned and highlighted an ongoing five-wave impulsive bullish cycle. Well, as we actually expected, after GBTC reached all-time highs, we can see a projected slow down that looks like a wave (4) correction. A correction actually...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. (1D) Long-term context suggests that the ((iv))-green wave is currently unfolding to push lower, targeting 2265. After reaching the bottom, the ((v))-green wave is expected to follow, ready to push higher. (4H) Short-term outlook has seen a significant decline since the recent high. Gold is now poised...
Here I have USDJPY on the Weekly Chart! Price has been meeting all the criteria since its LOWEST LOW recorded @ 75.565 in Oct. 2011 to have then started what looks to be a Correction Wave (ABC). *This Low also seems to have been the completion of the 5th Wave of the Impulse Wave since UJ hit markets in Jan. 1971!! On the chart you will see that we have continued...
A lot of identical setups as we are breaking a lot of bearish structures here. On FTM we have had a Supply Breaker now after it seems we have concluded a wave 4 now. Going to target the imbalances on the way up. Bigger RR on this one, as always take your profits as you wish. Looking for the support of the MDAY-H here and the volume. ✅
3007 Zahrat ALWAHA D1 - 23/4/2024 (TASI Market). Trend Analysis Elliott Wave Harmonic Patterns Regards