Is very likely to see gold reach the 1450-1460 levels in the next few hours/days
Just completed the triangle and waiting for break below to finnish Y
La tendencia principal del par (Mensual y Semanal es alcista) el mercado a formado una onda de eliot perfecta ( de 5 movimientos para continuar con un A,B,C,D,E.) Ya realizo LOS PRIMEROS 2 MOVIMIENTOS de la segunda onda de eliot, en este momento se encuentra en el 3er movimiento segundo impulso, y esta enferntada a una resistencia fuerte semanal, si rompe esa...
There are not many bullish count alternatives left for Bitcoin. This is one of them projecting a long accumulation period between ~6k and 10k over the next weeks/months. In the mid term it has 5 waves down for the C leg but its still uncertain if the 5th is in or its going to be a diagonal and only its first subwave is completed so far. Those are some zones...
Incomplete corrective structure with no volume on the bounces favors a short term short trade. WXY lines in better -for now- since there are ABC corrections of a smaller degree. Alternatively, its a leading diagonal with a deeper correction.
We are almost getting there, before some serious uptrend, but its not time yet, IMO. Earlier today we had a very impulsive move, it was expected by a few, thats why it happened. The market doesnt follow the crowd. "But, we are reversing". "Soros will drive this down to 5 4 3 2 1 game over thousand.". "This is the correct trendline not that". "We are here on this...
I have been watching this chart for a while, trying to figure out a potential count. Lots of fibs point around 85$ area but the current structure seems incomplete . Instead of waiting to see it complete and then post, i decided to yolo it. What could go wrong?!
I dont think there is something to add on a chart like this. Best case scenario its gonna have an irregular ABC. Farewell greens.
wave 4 is abc c is (1)(2)(3)(4)(5) looks like wave (3) is formed and wave (4) is forming wave (3) is 61.8% of wave (1) there is still a chance wave 4 to be a triangle, which is almost formed. but it also might be a flat if it is a triangle it might be a minor correction inside extended wave (3) anyway I expect al least one more big move down, which should show...
After Uk minister speech yesterday 17th of JAN. we saw a massive strenght on the GBP. The biggest rise since 2009. We have seen a lot of volatily and after a 38% retracement, and a flag being formed, we can short the EURGBP with a great risk reward. This Take Profit is short term, but it can be bigger if analizing the daily chart. The cross of the 50 Moving...