Hi traders, Bitcoin started the next impulsive move up last Monday. This could be wave 3 of a leading diagonal. If this analysis is correct then we could see a pullback down soon before the next impulsive move up. So let's see what the market does and react. Trade idea: Wait for a pullback to trade buys. If you want to learn more about wave analysis, please...
Hi traders, Last week XAUUSD went up again. I think this could be the end of the X-leg. So for next week we could see another drop to finish the bigger complex pullback. Let's see what price does and react. Trade idea: wait for a change in ordferflow to bearish to trade sells. At the moment it's still very bullish. If you want to learn more about trading with...
Hi traders, Last week SPX500USD went up some more. For next week this pair could go up a little more but we could see the correction down soon. Trade idea: Wait for the finish of a correction down to trade longs. If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point...
Hi traders, Last week EU went higher then I thought so I had to adjust the wavecount. The D-leg has now finished so this pair could drop. If this analysis is correct we could see a drop to finish the E-leg and after that a big upmove. Trade idea: Wait for a change in orderflow to bearish and trade sells after the finish of a correction up on a lower...
Hello friends In Bitcoin digital currency, we see the formation of multiple waves in the shape of ABC (zigzag). This pattern only appears in triangles. Triangles appear in wave B of a zigzag or wave 4, but considering that before these zigzags we see a wave that consists of 5 parts, so the theory that this triangle of wave B is a zigzag seems very strong....
Hello friends In Ripple digital currency we see a clear triangle. Triangles are usually seen in wave B or 4. Therefore, taking into account these two theories, we make a trading plan. Triangles are always followed by a trend reversal (even a limited one). Therefore, to complete this triangle, we first need a price rise to the 0.5700 range to complete the triangle,...
Putting on my bear hat this morning and reflecting on how difficult the move up from October 2022 low has been to interpret, from an Elliott Wave perspective. If you were trying to convince yourself of a major market top and completed five-wave impulse, I think this is how you'd have to do it. Wave ((5)) ends of being an expanding ending diagonal off October 2022...
Appears NASDAQ:WEN may have double bottomed at the .786 retrace of the entire 1-5 wave count. Accumulating between .00015-.0002 This is an accumulate and HODL. Spot only. Small size, this type of token should only be purchased with funds you are absolutely willing to lose a large % of. This is key. It will make it it a lot easier to HODL no matter what. The...
XAUUSD is on its final leg of leading diagonal pattern in wave (A)(Green). Waiting for confirmation in next idea for confirmed stop lost level before shorting.
XAUUSD probably is forming an expanding flat pattern ABC (yellow circled) on wave IV ( blue) of an ending diagonal pattern in wave (c)(Red)
An additional backing analysis to my previous analysis of DOT/USDT
DOT seems to be finalizing it's wave (2) of the alleged main motive wave that was started back in Oct2023. I expect one last dip before the impulsive wave (3) starts. Getting in the green area would be a good buying opportunity in my opinion. The best stoploss would be under Oct2023 bottom but breaking the red line seems like a good close stop-loss. passing the...
Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think...
Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price. Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...
Gold is extremely bullish and is expected to double its value in the next few years. We want to take advantage of this bull market and implement long-only strategies on futures. Right now, GOLD is breaking out of the descending channel, but I want to see a retest of it. The price broke out of this channel but created a fair value GAP. These GAPs tend to be filled...
LSE:TIA has been in a bearish trend since Feb2024. I expect it to visit the range between $6.5 : $5.0 before the correction ends. Passing $12.5 invalids the idea. The target if it either passes the invalidation point or drops to the buying range would be a new ATH. The cancelation is below $5.
At the moment I believe we are in a long term wave 4 within an overall wave 3. However this could be a very long re-accumulation stage before we hit wave 5 which will be insanely high. An ambitious end to this wave could be a dump/spring to 2075 (cannot go below wave 1) before it shoots up and my wave 5 prediction can reach fib levels of 1.618 @ 8648 or 2.618 @...
And I assume that is true, because otherwise, DXY would be trading much lower. Whomever(s) are responsible for one of the nastiest price corrections I have seen are undoubtedly ready to throw in the towel, after wiping the paint off their faces, because deep down they know, they will have to deliver the dollars. Unfortunately, unless they are in that process as...