We sent 2 massive trade setups for Bitcoin along with many updates in between. In total, we've gained over 265% raw gain. We're working within the framework of a 535 zigzag correction. We're anticipating wave B to be complete soon and then a big drop for Wave C. Please note this is from a technical analysis standpoint and we haven't taken into account...
On the higher timeframe, we appear to be in an ending diagonal. We caught both waves 2 and waves 3 at the very start, resulting in MASSIVE gains both short and long. We are now in the mid section of wave 4. We could go on to create a complex ABC wave for subwave B before moving lower so keep that in mind if trading. Trade Idea: - Watch for lower timeframe...
Solana has been pushing higher and higher since our Long setup September. We initially thought we'd push up 200% but when a move is this strong, why cut your profits early. Let it run! We are now up by over 400% and still climbing. Once we see price slowing down, we'll be looking to sell Solana. However for now, let's enjoy the ride! We'll be back with a Solana...
First of all, let us start by saying we are going via technical analysis only. Our last analysis played out nicely, banking us 80% raw gain! Technically, we are seeing a 535 zigzag pattern. We've seen 5 waves for wave A. We are now seeing 3 waves for Wave B. Expecting 5 waves lower for wave C. Trade Idea: - Watch for rejection within the fib levels -...
In our last analysis, we identified we were in a correction were looking for a move up to complete wave B, subwave c. We are now nearing its completion and have banked over 150%. We are now focusing our efforts on finding the reversal point for the next big trade. We have the fib levels falling in line with the recent highs. Trade Idea: - Watch for price to...
Our last few analysis on Silver have played our perfectly. We identified we were in a 335 flat correction and we caught the wave B move higher. We're expecting 5 subwaves for wave C and we've seen subwave 1 and 2. Looking for subwave 3 now. Trade Idea: - Watch for the next wave lower - Anticipating price to stay below the highs = stops go above the highs - No...
NZDCAD has been in a correction for almost a year and we might be at the start of the next big impulse. We're expecting NZD strength so we can assume that NZDCAD has bottomed out. Trade Idea: - Watch for BOS, trendline break or reversal pattern on lower timeframe - invalidation for this bullish scenario is below 0.794 so any entries will require a stop below...
In our last analysis, we identified that we were in a 535 zigzag pattern. We had a bullish setup on the completion of wave B (subwave C). We moved up perfectly and gained over 100% raw gain from that trade! We are now at a critical zone. We are looking for a rejection here and then a move down to complete the major ABC zigzag pattern. Trade Idea: - Watch for...
Polkadot is currently within a correction (Wave B). Wave B is made up of 3 subwaves and we are currently in subwave B and expecting subwave C. We currently do not have a bottom in place so the best we can do is look for lower timeframe trendline break and reversal patterns. See our next post for lower timeframe analysis. Goodluck and as always, trade safe!
Our Bitcoin analysis has played out perfectly. In November 2022, we posted a setup indicating that we were ready for a breakout. We got a breakout and we are still pushing! Currently at 145% gain. We had another setup in September 2023 where we identified a correction. The correction broke out and we are seeing gains of 50% so far! We expect a minor correction...
Solana played out perfectly. We managed to get an entry on the trendline break and had near enough 0 drawdown. Price moved up impulsively to complete subwave c of wave B. We are now at an inflection point. We can make an extended subwave c move. Keeping a close eye on this to see how we react now and then we'll go from there. Hope you guys managed to make some...
In our last post on Solana, we identified that we were in a 535 zigzag pattern. We have almost completed the midsection - awaiting one final move up to complete wave B. Trade Idea: - Watch for bullish reversal patterns on lower timeframe - Safe entry on break of red trendline - SL below price once red trendline breaks - Target: 32.5, 50, 60 Goodluck and as...
This may be against the trend or as my friend says "going against a tsunami" but there's technical evidence to suggest that we may see a drop in Gold for the next couple of months. On the monthly timeframe we appear to be in wave 3 - which is made out of 5 impulsive subwaves. See below: Wave 2 and Wave 4 are ABC corrective waves and on the weekly timeframe we...
Well.. Gold has been incredibly kind to us! We managed to catch the top perfectly in May, giving us a massive 2500pip profit. The move down (wave A) was a complex ABC correction, which ended in October. Once we completed the bearish wave, we managed to forecast ahead and plan for the bullish move (wave B). We are still holding our initial entries and looking for...
In our last analysis of Silver, we identified we were in a 335 flat correction. We are in the middle section (3 = ABC). We are in wave B and looking to catch C. Trade Idea: - Watch for a break of the red trendline for confirmation - Risk entry on rejection of fib levels - Targets: 24, 25, 26. Note that we can make a complex ABC correction for wave B so do...
This is the 2week chart for GBPAUD. We're in a 535 zigzag pattern. We can see that we've completed wave B (3), which was an ABC correction. We are now in wave C and anticipating a 5 wave move down, in line with the 535 zigzag schematic. On lower timeframe we'll be looking for this current correction to breakdown. Trade Idea: - Watch for current correction to...
Our last SOL analysis was spot on. We had a perfect breakout and have seen 80% raw gain! We are holding our position and look for further entry opportunities until we complete the bigger wave B correction. On lower timeframe we will be looking for any bullish corrections and will be using Elliott Wave corrective schematics to identify when and where to...
In our last analysis of Bitcoin, we identified that we were in a correction and were looking for a move up for wave C. We are now in wave C and anticipating 5 subwaves. We've seen subwave 1 and anticipating subwave 2 correction in the next couple of weeks. Once we get that, we can look for another entry to take Bitcoin even higher! No trade idea as of yet....