As you can see Tesla has stuck in a tunnel between 295$ and 321$ since last December. Tesla is the most controversial (and exciting IMHO) stock in the last few years and it may offer a good opportunity this time. As you can see the price has reached the level at 295$ again, a level that proved very strong support for the stock in the last month. If it won't break...
for me it's look like making HH HL series. you can see more sense on the chart. Feel free to ask me or teach me :)
On the hourly chart of the instrument, after a strong bearish wave, the price, most likely, is in a corrective wave B, which should end in the subwave C. Then, there should be a continuation of the bearish zigzag in wave C.
Maybe... :) I have literally spent hours to make this chart and to figure out Bitcoin. I've spent hours to count the Elliott Waves down to the smallest sub-waves. I've spent hours talking with experts, who have more experience with Elliott Wave-theory than me. And none of us can make it work 100 % - It's one of the few times that has happened. But It kinda make...
Hey guys, I can see the opportunity right here. First of all, looks like the chart is forming a Bullish Bat Pattern. Secondly, USDJPY is currently at the descending tunnel with all resistance and support levels almost perfectly parallel confirmed. Support 2 (see the chart) confirmed with a historic resistance level formed at 10.28.2016! So it seems like if...
Need more data to confirm trendlines. I will adapt lines overtime when necessary.
USD moved down as I have predicted in my previous plot - see below. Now is time to move up and touch EMA (2h plot) - this week and beginning of next one After that we will see more downward move - since next week. Tunnel is still active however, slightly changed as wasn't accurately drawn first time. My previous plot on USDJPY:
I have just mixed all my previous ideas into one, hopefully the most possible. Just have a look at the chart and tell me what you think of it.