FX:XAUUSD breaks records and updates the high to 2305, but technically, the implied target is still not reached. Today Initial Jobless Claims before NFP is published and the market may go into a consolidation phase. On D1 we see the dollar declining after a false break of the resistance at 104.94 as well as the downside resistance. Ahead of Initial Jobless...
Ripple ( XRP ) will put the banking system to the test. Many attempts to shut down this "wonderful" coin have been made. Still, it's alive, has a pulse, and it's barely getting started for the New Crypto Age. It will take some time indeed, until it would be implemented in the systems. All I can say is that, IMO, the Crypto Revolution is inevitable. Anyway,...
Elliott Wave Structure in Bank of America (BAC) shows incomplete bullish sequence from 10.27.2023 low favoring further upside. Short Term, rally from 1.17.2024 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 35.1 and dips in wave (2) ended at 32.35. The stock extends higher again in wave (3). Up from wave (2), wave 1...
Elliott Wave Structure in Bank of America (BAC) shows incomplete bullish sequence from 10.27.2023 low favoring further upside. Short Term, rally from 1.17.2024 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 35.1 and dips in wave (2) ended at 32.35. The stock extends higher again in wave (3). Up from wave (2), wave 1...
Analisa teknikal pada TF H2 diduga menunjukkan pergerakan akhir wave V gelombang elliot dengan bentuk leading diagonal, secara target teroritis akan melakukan koreksi turun dengan target 2260, 2242, 2223.
S&P 500 INDEX - In the midst of wave 3 which has still room to grow and then we see correction till wave 4. We resume journey upwards towards wave 5. Given target based on weekly wave analysis and no target is fixed as probable targets falls within the range #SPX500 #Elliottwave
XAUUSD is looking to complete wave 1 of 3 of 3 of 5. Looking for eventual retracement to 2163-2218.
My most bullish count has wave 4 (WXY) of 3 of 3 complete, looking for wave 5 of 3 of 3 to complete between 96829.17-98884.73.
(Possible) temporary top looks in. Bulls (in green) looking at zigzag to complete wave 4. Bears (in red) looking for formal impulse wave down.
XOM near ATH. With Bearish Divergence on the Monthly, I’m expecting a break out and rejection. Once the shooting star candle forms on the weekly, enter below the close with a 5M time horizon. I’m eyeing the 105P or 100P for September. Judging by Volume and Open Interest, I’m expecting a large move down in conjunction of an economic event.
Impulse is done, so here we go for a big fall... How big the fall will be? Well, it depends on what has been completed by the done impulse...
The chart for costco is setting up nicely . A bounce from the lower range of the falling wedge and a 5th wave pivot. Going long and targetting 782
Hi everyone! The CRYPTOCAP:EGLD price has breached the 61.8% Fibonacci level. It has just reached the entry point of the M neckline (green zone), which serves as a support area. In my opinion, at some point, CRYPTOCAP:EGLD is likely to attempt reaching the minimal retracement target of a wave 2, which corresponds to the 0.382 Fibonacci level at $48.35....
Solana with ticker SOLUSD remains nicely bullish as expected from technical point of view and from Elliott wave perspective. Looks like it's still trading in an extended wave »v« of 3 with room for more gains, maybe even straight back to all-time highs. Currently we are tracking a lower degree consolidation within a bullish triangle pattern for subwave iv that can...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Wow, what a mess. The clearest thing I can see here is a ZZ pointing up and a move that retraced back beyond its origin. Didn't squirt hard enough, it seems. An impulse down would be ideal, or could go sideways.
We are currently in a 5th Wave of a GOLD cycle on the weekly timeframe. This 5th wave is what we see currently developing as a potential ENDING DIAGONAL If we are able to see a strong reversal pattern from where price currently is, that may be the beginning of the 4th wave of the ENDING DIAGONAL
The show must go on. For gold, we are witnessing further all-time highs. However, we also expect a reversal soon because we don't have much room or options upwards unless we've made a significant miscalculation. We are considering the level between 161.8% and 227.2% as the maximum for the subordinate Wave (iii) we are currently in. We are still working to complete...