Sub-wave of 5th wave targets 30500 and 29284 if the price breaks 32080 below sell & sell. We can assume only if the price breaks 32080. Risky traders can sell 33700-32300 with stoploss above 33900+ for the same target.
We can see AB=CD Pattern in Bitcoin 30min Time Frame chart. As per this pattern we can Find, Reversal Zone : 31150 T1 - 32960 T2 -33950. AB=CD is a reversal pattern that helps you identify when the price is about to change direction. The idea is that you can buy when prices are low and about to rise or sell when they are high but about to fall.
As an analogy, when we drive a car on the road, we must constantly abide by traffic rules in order to harmonize certain behaviors for every situation we are faced with. From stopping at a red traffic light, slowing down when at a pedestrian crossing, use snow chains in certain weather conditions, etc. On top of that, since trading is such a mind game that...
There are no EMOTIONAL PROBLEM in reality. The problem, you are facing is you do not have any back-tested STRATEGY/SKIL L of identifying what if I do will I get the trades. Another words, you are trying to search a fallen needle in entire city in a limited time. You don’t know what to trade? Which stock(trade) to go for shorting? Should I have to select...
This was the extremely came the fall but I already predicted it for you, isn't it? Let me show you what I have told you: (clearly written about Monday fall )
A TimeCycle is an event, such as a price high or low, which repeats itself on a regular basis. The Bottom-Out over the Bitcoin, The chart below shows a cycle with a length of 66bars.462days. => Let's just assume logically, where is the TOP-OUT? The TimeCycle started from Dec2017 to June 2019 which has a length of 80bars, 560days, and the respect of this...
its easy to understand the concept of this wave. The question is only where is the correction? We have to go more close(lower) in a timeframe to find clues.
If you know basic of EW, then you can under this chart easy. I've project future move.
Mid point (B) - 0.618 The pattern requires a very small stop loss and usually volatile price action in the Potential Reversal Zone. In this case, we need confirmation to sell BTC from lower TF. Reversal zone is not far away. But, Due to the extremity of the projections utilized in the completion of the pattern, the Crab frequently experiences sharp price...
Elliott Wave on 4hrs TimeFrame The 4rth Wave can not less than 1.14204 in this case, Weekly Timeframe for Longer View The Primary Trend: UP Up-Breakout (Trend changing Pivot point): 1.20500 TimeCycle : not clear vision Important Numbers to be remembered on weekly chart Paramount Underline(i): Selling is valid with using a stop to loss 1.21225...
There are 3 Types of Triangle, Triangle forms in Corrective waves, Triangle occurs in wave 2, 4 & B, 1) Contracting Triangle + Always Subdivides Into Five waves + at least four waves among wave A, B, C, D, each subdivide into a Zigzag or Zigzag Combination. +wave C never moves Beyond the end of wave A, wave D never moves beyond the end of waves b and D...
Facebook is preparing for wave C and Price has formed Expanding Triangle at point B, wave E has started Breaking Expanding Triangle, we will expect wave E to Break Triangle. ABC correction will be "Flat". Parallel channel is also giving confirmation about wave C
The mid-point is "B" 61.8%. (slightly higher) => Gartley or Crab required B point as 61.8% and for Gartley - D point at a .786 wer e assigned to the pattern but in this case, the price is already crossed-over 0.786, therefore this is not a Gartley Pattern). Crab pattern parameters • B point that is a 0.618 retracement of XA or less . • Extreme BC...
Trend Base Fib Extensive at 100% (19299) The price traveling in the 5th Wave. The correction for A, B, and C is required to confirm but, the first object can be an attraction. Recent Researched with Mix theory: PART (1): PART (2):
I outlined Throw-Over in the price of the upper band of the channel. Exactly, you have seen it. End of today will decide about Reversal or not! b ecause Tail is very in this case. If I get support from you, then I will work on Harmonic Pattern to determine or verify the exact level of Potential of Reversal Zone. You can say in a comment . Look at my...
Wave 1: It's formed Leading Diagonal which is labialized by A, B, C, D, and E. Wave 3: It's not an impulsiv e move therefore we looking "Throw-Over" of the Parallel Channe l for 5th Wave. Wave 4: The Contracting Triangle has been possessed in it. Wave 5: To determine 5-Wave, I have utilized the following : 1) Parallel Channel 2) Spike Box...
We clearly see up-move and the target will be first as 9779 . 5-Wave R 11000 nearby There is a question, what is 0 starting point of sub-wave, 8835/8608? please say in the comment section.
Hello Traders and investors, I am back with my new idea. This is AUDUSD weekly timeframe chart. If we focus on the past movement, we get to know that 1996-2001 we can see the impulse phase. From 2001 to 2008 there is a new cycle forming up. In this, on the 4th wave, there is a contracting triangle. 5th wave is extensive wave in this. From 2008 to 2016...