Ifeanyichukwuxx

Ifeanyichukwuxx

From my own perspective, it portrays to me like we're in a correction phase. I mean, a general rectangular correction wave looking at the bigger picture on a monthly timeframe. Currently, we are in primary wave of wave C in micro wave of wave 4 and wave 3 got completed making a 78.6% retracement from the all time high. Moreover, wave 4 just go started which...

Ifeanyichukwuxx

Currently, price is in a correction phase but obviously in wave two (2) of the overall movement in the monthly timeframe. Always remember that wave two(2) is a corrective wave and it contains only three(3) waves i.e. ABC wave. However, we're not sure if its a running correction or expanding correction but for now watch for the break of that trendline. Moreover,...

Ifeanyichukwuxx

Price happened to be in a submuette wave 2 of the overall impulse wave of the fifth wave. we expect an ABC correction up onto 38.2% fibs level before entering wave 3, which also, carries five(5) submicro waves. However, do know that we're in the fifth wave of the overall movement. we keep on looking for selling opportunities until wave 5 elapses. WAVE 5 = 5 WAVES

Ifeanyichukwuxx

Price is at subminuette wave 4 which carries 3 waves as a corrective wave of wave 5 as the whole impulse wave. Do know that price is still at wave C as a correction phase and at wave 5 as the impulse phase. Tips Motive wave = 5 waves (12345) Corrective wave = 3 waves (ABC)

Ifeanyichukwuxx Updated 

On a monthly timeframe, we are in a good trending market (Bearish). Currently in a correction phase after the long impulse move which occurred or started around 2007 and ended around 2011. We are in a beautiful ABC correction. Patiently waiting for wave C completion before looking for impulse move to the down side though continuation of the whole bearish movement....

Ifeanyichukwuxx

we are in a correction phase which is made up of three phases (ABC). Currently, we've arrived at wave C of the whole correction which is the last wave. The wave C is made of five(5) waves, anticipate for it to appear. WAVE A = 3 WAVES WAVE B =3 WAVES WAVE C =5 WAVES To enter, watch for the break of the trend line, then with a little rejection of maybe 50% or...

Ifeanyichukwuxx

Reverse Head and shoulder formation at 12950.00. After the bullish run for the past three weeks, price retraced back to 13855.0 price level and at the same time making a 38.2% fib retracement at that same level. So my anticipation will be that price is likely to continue it's bullish movement from next week. Expecting price to reach the previous all time high at 16958.00

Ifeanyichukwuxx

Based on the daily timeframe, the overall dominant current trend movement is bullish. Market fell all the way up now we are in a little correction phase supported by a continuation pattern. Based on my analysis, the market should continue it's bullish movement from next week.

Ifeanyichukwuxx

Price broke a significant zone or level at 0.75580 and came back forming a rising wedge toward the zone. that's how rice worked for me

Ifeanyichukwuxx

The hole of last week price surged upward due to the recent event of Russia and Ukraine crises. Price managed to reached the previous price level at 2074.00, and we saw price respect that level and made a retracement down to 1960.55 price level and at 61.8% fib level from the previous low on a daily timeframe. But due to the current event going on with the price...

Ifeanyichukwuxx

For the Past month, btc has been on a downtrend. At this moment the market created a low @36375.25 price and went all the way up to create a high @39250.00 price then, goes down again to establish a new low @34320.00 breaking the previous low. The next day, price surged upwards mitigated the previous low and breaks the previous high as well as breaking all the...

Ifeanyichukwuxx

Nasdaq has reached a new high and has consolidated for one week plus. My confirmation is a new high and price has touched the upper trend line the third time so am expecting Nasdaq to drop from next week

Ifeanyichukwuxx

EURAUD went to test the previous low of yesterday. It signifies that market will respect that 1.59646 level of support from there aiming for the previous 1.60525 level of resistance. By next week the market will continue it bearish movement to the downside.