Greetings fellow traders,
I extend my best wishes for a prosperous New Year to you all.
Allow me to share my analysis of the USDJPY market. As we can all observe, the pair is currently in a bullish trend, having exhibited the attributes of an impulsive 5-wave pattern. It seems we may be witnessing the conclusion of the last impulsive wave, assuming it is not...
Hello Traders,
Here is my current outlook on GBPCAD.
In our previous analysis, we effectively identified the initiation of Wave 3 or Wave C, and we entered the market at 1.70913 . Presently, GBPCAD seems to be in the final stages of a corrective Wave 4. Provided that the existing resistance zone holds, we foresee a subsequent break of the trendline to the...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
I thought share my thoughts on the airline industry. I'll just share my thoughts on Delta Airlines. As many of you may know the sentiment for airline stocks are very bearish due to the pandemic. I believe Delta is about to surprise many. I may be wrong but my analysis of this stock is very bullish. I outline a potential wave 3 move of a much larger wave 5. If you...
I just looked TESLA stock and two things popped up straight in my face
1. On the Weekly chart I see a Converging Triangle (A wedge if you like, a converging channel if you like)
2. A setup 1 formation which means, I see a Wave 3 and Wave 4 and possible Wave 5 on the horizon.
If I were to invest in tesla it won't be on the Daily chart . this time it will be on...
Elliot wave count suggesting Primary wave 5 for SHLF. All the relevant measurements are mentioned in the count
Take this with a pinch of salt since i am still learning elliot wave theory
I can see that price moved up yesterday, creating that strong wave 3 up,
overnight the abc down (bull flag on H1) ...
Now i see a confirmation candle, A bullish Trend candle just closed on the H1.
I went long above the h1 of the last h1 candle. On chart you see wave 5 projection
