November 10 to Dec 3 2021 Drop Elliot Wave WXYXZ tell me i'm wrong :-)
Bitcoin has completed an ABC correction to the upside in which we had an intial 5 wave impulse wave off the $18200 lows to form A wave , we then had a 5-3-5 sub wave structure to form the B wave at a low of $18650 before embarking on a C wave incline which was extremely impulsive with clear subwave structure as identified on the chart. Notably; price rejected on...
Update from Previou count still expecting wave 4 starting wave is now a flat correction invalidation point on chart
Based on the chart, $XTZ has been corrected to 1.48 which is around 50% fibonacci retracement . So, in the short term TF we might see $XTZ trading range tightened in $1.57-1.72 range. If breakout from 100% fibonacci could take place, we might see a bulish continuation to $2.2 - 2.3 price range. This TA is purely my personal opinion and is not financial advice. keep DYOR
Higher commodity prices will strengthen the Canadian currency. Oil prices have increased, and Canadian bond yields have risen further. In addition, the Bank of Canada stated that it was prepared to act "more firmly if necessary" to return inflation to its target level. The Bank of Canada has already raised rates by two straight half-points. According to the Ivey...
HEY GUYS link 100$ ? is that possiple yes it's f possiple =============================================== link have a nice wave 1 to the hole way to 60$ and we hace a nice abc zig zag in big wave w and another zig zag up on wave x and we in 5 waves down rn to the end off wave y okay let's do it again wave on start from 1$ t... and we hit 60$ here start wave 2...
Uber's 5-wave move off the low appears to be taking the form of a leading diagonal. W-5 within this larger degree W-1 should top around the $39-41 region near the end of April/Early May. After that, UBER should pull back to about the 31-33 region before beginning its W-3. Sell in May and Go Away
Intraday rally for Gold and market seems to be correcting last week's sell off. Let's see how things play out based on the wave analysis.
If the price come back up again 47600, Elliot wave has the possibility to go and try 3rd leg Price stayed a long time above 47000 More persistent, more chances to move up Fib levels are very well respected actually
Dash (DASHUSD) pulled back very hard again breaking below our previous low of 146.88, which means that we did not actually complete that pesky subwave-(ii) pullback that we THOUGHT we had finished back on September 28th. Therefore, our PURPLE primary pattern has invalidated , leaving the ORANGE pattern as the new primary . This means that our the subwave(i)...
Elliotwave Fib retracement Supplyanddemand All are involve
Unless it continues to go sideways and ends in a contracting or barrier triangle, i think we continue down one last time, unsure bout my previous drop to 20k, but not out of range of possibility This count here, is also valid as it refused to drop below top of w1 on this exchange at least. so maybe a miscount and we go up?
Idea for XLF: - For summer-EOY, will likely need to look at Finance sector as one of the leaders in indices. Technicals: - Price losing momentum (falling into lower channels), bounces appear corrective in nature. - Distribution pattern formed. - Ending diagonal broke down. - Price very likely to sell-off to bottom of the megaphone pattern, 9M SMA, 20W SMA,...
Idea for COVID-19: - We believe that the fight against COVID-19 has entered the mid game. - Can COVID-19 be beaten in the game of evolution? We think so. Viruses are rational actors, and will behave as a population in the interests of their evolutionary fitness. - While the media's narrative of "wave 3" of COVID-19 has spread and is widely known, Motive Wave 2 of...
Model Forecast for NI225: - Line of Least Resistance EW Corrective Wave found. - Wolfe Wave at Top Distribution Level. - Weakening rally rejected at top of channel. - This time the support will break. - US Markets to follow. Soon the V's will stop. Easy come easy go. GLHF - DPT
Idea for COVID-19: - Delta variant now 20% of US cases says CDC, up from 3% 4 weeks ago. - Technicals suggest new wave to begin. Forecast: 54 Million+ by EOY. www.bloomberg.com New variant selection timeframe matched as forecasted previously: GLHF - DPT
Idea for EURUSD: - 5 wave impulse completed. - Broke down from corrective Rising Wedge. - Rejected from a Tail resistance. - Will continue the 13 year downtrend. TP1: 1.176 420 pips PT: 1.148 700 pips GLHF - DPT
Idea for Copper: - Commodities Cycle is topped out. - Copper in Trade and Trend Distribution patterns. - Clear 5 wave Impulse completed. - Re-tested resistance and rejected. - Price will bleed out to complete the Head & Shoulders then capitulate. TP1: 3.44 very likely. TP2: 2.78 PT: 1.97 Global markets are not moving back into Goldilocks, no matter what the...