Beautiful 4H bearish divergence on the RSI. Are we preparing a little ending diagonal?
Bearish divergence. GZ. Geometry and slopes suggesting a corrective move here.
Pump & Dump in BTC, like in the Stock Market?
Pump & Dump in ETH, like in the Stock Market?
This could the big short opportunity. Today 🐻 #Elliottwave, geometry (pitchfork, slopes, channeling), algos, and oscillators are pointing towards this sell short opportunity 🧐 Is #Bitcoin going to dump too? 🤔
A second flat correction would be indicative of a 1212 structure...
If we break the channel support and the GZ below, the probability of us being in the W5 will rise.
Do not exclude that the bottom is already in, even in this sanitary & economic chaos. This could be an extremely important swing if our primary/bearish scenario occurs though.
Is this the big short opportunity in SPX?
The downward structure channels well which implies it may not be an impulse.
S&P 500 (2H) / Primary & Alternate
Are we going to fill that gap around 165 in FB?
Same EW plan than in AMD, it's little brother Either pink A is an impulse and you'd be riding a C down, or pink A is actually corrective and you'd be riding a 3 down to hell... Notice the potential inverse H&S here...
Oil prices could be short term bullish
Isn't this a clean impulse down in progress? The base channel and the EMAs blocking prices, the 0.382 fib hit at an early stage, and the the declining volume are typical of a triangle wave 4 here.