We broke the channel, in a local uptrend - I believe this is the beginning of Wave 3 of 5 of 3. Ripple should move up if I am correct in my assertions.
I believe we started Wave 3 of 5. This one should be ~20% growth given the Wave 1 travels. I'm buying more of this.
We are clearly in consolidation, clearly impulse Wave 3 of a bigger impulse is now complete. I am anticipating another downward Wave C to take this baby down some more. MACD, PSAR, vSTOP also supportive of this.
And I reckon we still have a bit of Wave 5 to pump through. It will be epic when this thing turns around.
We started on the higher high in this latest impulse, and on the weekly it appears to be that we in Wave 3 of Impulse. I am just wondering now if we might at some stage next year or the year after see prices much, much higher than $2000 per ounce. The chart seems to support this.
Final hits in the NEO Impulse incoming. These I expect to be quite fast and parabolic.
Wave C was much smaller than I thought. This is a start of a new impulse I believe.
Entering Wave C of Consolidation/ finishing off Wave B still.
The last 24 hr downward impulse is finally finished. I am putting in a long on this one short term. I will consider selling at resistance in this channel.
Final Stages of B Wave. Awaiting downward C wave
In the final downward impulse C. We should cross into the red zone on the fibonacci, after which I believe we will see a start to a new impulse wave.
Head and shoulders on Neo while momentum is negative. I believe this one is going to drop some more.
The Oracle of Elliot whispers to me that we are midway through Wave 5, final impulse wave (of any impulse). This one will turn soon.
We are in Wave 5 and the end is nigh. I am not shorting yet, Wave 5 of impulse must pass first. I suppose for myself the rest of August is still safe. But its the markets and WTFDIK. NB RSI Divergence
Did a massive Wave 1 over the last two days in the more general Wave 3 of impulse. We should consolidate for a bit (Wave 2) within channel and then I will be set for Wave of Wave 3. PSAR, VolStop are go.
Wave 3 of impulse incoming. Fib shows the ceiling for next run.
I believe Wave 4 is imminent. These are consolidatory. I am not shorting this, as we are clearly in impulse still, but I'm taking what I've made and seeing for signs of Wave 5 beginning.