Hey all.
Markets can see some volatile price action today, because of the release of FOMC minutes, when investors will look for any new details or change in tone regarding FED's policy. But then, after the US close speculators will be focused on Nvidia earning reports. This data can be important, not only for stock it self, but also for the technology sector and...
Decoding the US Dollar Index: Navigating Wave (V) with Thrills
Since the economic tumult of 2008, the US Dollar Index DXY (USDX) has been on a captivating journey, tracing significant waves on its chart. As of now, it stands on the precipice of unfolding the final leg of this larger movement, marked as the thrilling wave (V) on the weekly chart.
Weekly Chart...
Decoding USDINR with Elliott Waves: A Comprehensive Analysis
Weekly Perspective:
Daily Perspective:
4 Hourly Perspective:
Hourly Perspective:
Current Stage: Inside iv of (c) of 2 of ((1)) of wave V of wave (III).
Current Bias: Presently showing a bearish inclination on the hourly chart.
Future Outlook: Post the completion of wave (c) of 2 , a...
Here we are predicting on GBPUSD that the market will move down a little then push up high so if your selling you need to be very careful as the market favour more on buying.
a brief discussion on ethereum. how it is moving according to the elliott wave theory and currently we are in which wave and how we count it and take the targets.
Using the W5T Elliot Wave, BITS, and Roller Coaster indicators found a nice 22 point/88 tick short move today. I posted a previous video giving notice of the possible move, here is the completed move with analysis of why I took it and when the entry looked right to me.
This is the lower timeframe analysis of Bitcoin. While the invalidation level remains intact we should be expecting a rally either short term or longterm.
Time will tell!
Best,
Veejahbee.
In this video, I showed my alternative view on BITCOIN and the kind of price action to be expected in order to consider the major bottom is in place.
Kindly let me know your view in the comment!
Thanks,
Veejahbee.
Litecoin just completed a leading diagonal pattern in wave (i). Leading diagonal usually points towards the direction of a larger trend.
So a move higher is wave (iii) is so crucial.
Best,
Veejahbee.
Part of what I'm thinking it could be right now... the correction began in 3 waves up in 4th wave, which we can conclude we are heading for a flat correction (3,3,5), it is also very common in 4th wave... an extended flat of regular flat occurring most of the time in 4th wave... also triangles.
In this video, I let you go inside my head... the way I'm thinking ...
Watch as I explain some basic Elliot Wave Concepts of Corrective Formations and anticipating the next waves. I Also breaks down the idea of an IF-Then-Thought-Process using Elliot Wave and reacting to price.
