Updating our stance on HUT 8 . Looks like a massive HTF Flat correction. LMK your thoughts please.
The running flat has a three-wave structure, labeled A-B-C. Waves A and B consist of three waves. Wave B travels to a new extreme, exceeding the starting point of wave A of the pattern. And here comes the major difference between the two flat corrections. In an expanding flat, wave C travels beyond the starting point of wave B. Within the running type, it does...
In today’s market insights I talk about YouGov’s MRP (multi-level regression and post-stratification) poll and how predicting UK’s vote share with 93% accuracy in the past supports the British Pound! Aside from politics potentially moving the UK markets today, we have important GDP data coming out from Canada too. And this is likely to affect loonie. The...
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 ...
Adding dome more data about ETH and BTC, as long we adding solid data to our trading we may feel more confident and less stress. In this video, I'll give some of my "spaceman Observation" perspective, ill talk about some Elliot wave Theory (EWT) rules (flat corrections, alternation rule, fib ext projections). something is unclear? want do get enlightenment about...
Compared EURUSD to DXY(dollar index). DXY is showing one more potential decline and with this being inline with my EURUSD analysis ,this would appear so.
AUDNZD still in bigger correction pattern but looking to play upside to test longer term resistance.