About to go into wave 3 in 3. PSAR, VolStop, MACD all go.
Not confident this has turned around yet.
Ascending triangle, part of 1st of 3rd of 3rd wave. Looking at this one to retrace at some point soon to make 2nd wave withing impulse.
We might have just cleared a downward wedge, as a part of Elliot Wave 2. Fibonacci extension indicates next target.
We are in 2nd within 3rd impulse wave, drawing out a gramophone. Bullish sign in an impulse wave.
Elliott 2nd Wave in 3rd. Goal at ~490 usd/eth .
We are forming nice zigzags on the down turn. Stoch cross just happened, MACD beginning to converge.
Gold will retest Fib levels. Forming a nice zigzag on the trace. MACD, Volstop Negative.
I believe we are about to enter wave 5 of impulse. Volstop, MACD positive.
Despite MACD signal, we are still in Wave 4 of impulse. I am holding, not buying atm.
In third wave of third wave in impulse. Positive MACD cros, volstop with intercrossing VWAP. I am buying.
Long term bullish Elliot Wave 5, now I believe still undergoing Wave 4 within Wave 5 (3). There is one more push - rest of 3 before the big one. I am not buying more, I am holding.
It has been a very action packed number of weeks on, and let's admit it, in an already red hot market. I can go on and on about the Federal Reserve, The Wall St Hedge Funds, the overinflated majority of stocks on (any) market today. But, is that really that much fun? I would be (to many of you) preaching to the choir, and saying nothing new. I thought that I...
Can't identify entry points yet, but we might be at the start of a new impulse. Fib extension indicates key goal.
Can't see any immediate entry points, but just take a look at the flags. I believe we are still in Elliot Wave 3 on the 4 hrly.
I believe we are in Wave 4 of impulse on 4 hrly. Stoch in overdrive and we might break that key Fib level.