Gray wave 2 happened as a flat correction, and price pumped for gray wave 3. Wave 4 correction should stay above 3.846. If this price breaks, the count invalidates.
After reassessing the wave structure on TRX with Glenn Neely, particularly the structure which began at the high in 2021 up until now, it seems to indicate that we are in a complex correction which began with a triangle and is now ending with a diametric. If this is correct, TRX should be beginning the next phase of the bull market now. This would mean that we...
Hello Traders, NIFTY50 failed to overcome the upper line of the trend channel (blue line) and shows weakness at the last week! It also pulled back into the upper box and crosses the black trend channel below the lower boundary! The importance of the blue trend channel has been confirmed, and the door seems to be open for 217xx range in the coming week. The...
my forecast in TF week gold is doing their big -in TF month going for 5 for TF week not sure if it's gonna end soon or what cause it's already over previous 3 price But as my ideal idea-- not just yet cause the form is not finished So the target would be around 24xx-26xx in this or next year
My visualization of Bitcoin's movement during the correction .
Compass Pathways appears to have completed an impulsive 5-wave move to the upside, signaling significant strength in its recent price action. The peak of this move, reaching $12.75, is notably identified as the B wave within an extended flat correction, potentially forming part of a larger 5-wave pattern. In anticipation of a corrective phase, I anticipate a...
Bitcoin's recent performance has been nothing short of impressive, with the cryptocurrency reaching a new All-Time High (ATH) of $73,777 over the past week. However, as it encounters a significant zone of supply between $66,401 and $69,000, the current price action suggests a formidable challenge ahead. Despite multiple attempts, Bitcoin has struggled to breach...
And evil bullish white (i)(ii) potential. If white count is correct one, we might see orai above 100 $ at the end of this bull cycle. Current outlook makes more sense in linear scale for yellow pattern to develop. Switching to log scale, 12 /12 makes more sense.
If we have a reaction at these levels, i will be even more secured about the macro triangle. Waves C in triangles are most likely to develop into a complex structure (multiple zig zags or triangle as a whole wave c)
Hi traders, Last week Bitcoin did exactly what I said in my outlook. It slowly went up and dropped again. So now I wait for this downmove to finish. After that it could go up again. Let's see what the market does and react. Trade idea: Look for buys after the finish of the bigger correction. If you want to learn more about wave analysis, please make sure to...
Hi traders, Last week XAUUSD started a correction down I think next week it would continue this correction and after that we could see one more leg up. Let's see what price does and react. Trade idea: wait for a clear direction. If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and...
Hi traders, Last week SPX500USD went up again for wave 5 of the bigger wave 3 and after that it dropped. Next week we could see the start of a bigger correction down. Trade idea: Don't trade at this point. If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment. This...
Hi traders, Last week EU made a bigger correction down. Next week we could see a last small move down into the lower FVG but after that I think this pair could go up again. Trade idea: Trade buys after a correction and a change in orderflow to bullish on a lower timeframe. If you want to learn more about trading with SMC/ ICT and wave analysis, please make...
PEPE has reached my lower target at the 0.786 Fibonacci level, signaling a prime opportunity to initiate a long position with a carefully placed stop loss. We're now poised for an ascent towards the 1.618 Fibonacci level. How to take profits 1.618 Level: Consider selling between 50% to 70% of your position. This is a significant target, marking a potential turn...
Hello everyone! You can call it whatever you want, but #KAVA is a real hidden GEM in the market! The chart clearly defines a 5-wave growth structure in the past bull market and a long, drawn-out correction in the following bear market. Currently, the asset has approached an important Fibonacci level, many other assets have already surpassed it, but not...
Hello everyone! I suggest paying attention to the #UNI token on the UNISWAP DEX. On the chart, it is clear that after the last bullish market, a correction has started, forming a 3-wave Elliott correction structure. Currently, according to the plan, we are in the first impulsive wave of growth. The asset has already successfully held above strong Fibonacci...
As I've drawn on this chart, we have seen 2 days of high volume down days and there is a breaking of the trend line on Friday. I expect the coming week to see a wave 3 down move that will minimally see SPY at 498.
On short term Aptos looks ready to break an important resistance zone and can go up to $20 which is an increase of approx. 30%. A possible retrace is possible around $20 because this is the next resistance zone. In the graph the Elliot wave indicator shows that the price is currently moving in an Elliot wave 5 which is still Bullish. When you search for the APT...