wolffarchitecture

wolffarchitecture Updated 

Initiated a trade on Sunday (See previous posts), Now I am "Risk Free", meaning if trade gets stopped out I am even and, management of this trade is now minimal, The whole weekend it all been about the 3465, If this is found to be resistance price may lower nicely

wolffarchitecture Updated 

Possible small short opening position forming..., but be careful, do your own do diligence. Set up is Speculative because the market has admittedly behaving VERY Bullishly and IF you ae an eternal BULL this could also be a buying opportunity after the pullback pattern resolves itself lower

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So far ASX has been a good bullish indicator, providing the confidence to hold long positions in stock. However spotted this possible harmonic reversal to consider. Trade your own plan do your own due diligence.

wolffarchitecture Updated 

This Elliott count has been working out well for the past weeks, lets see it it continues

wolffarchitecture Updated 

There is a strong RSI divergence building on almost ALL time frames. Market is at a key level and could turn down lower next week. This expected pullback may be simply a wave 4 , and after a 3 wave correction/pullback the market will rally higher to new ATH..., BUT IF support is not found (i.e. top of the second corrective wave is not breached) the market could...

wolffarchitecture Updated 

This chart is a zoomed out version of my previous post. If I am wrong, the expected pullback may only retrace the around 4435-ish level) and then move up to ATH. However if price overlaps the previous wave top at level 4420 that overlap may be the first signal the market is weak and may not find support and move lower. So look for a 3 wave correction and...

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DJI indicting its in a bearish a-b-c- correction higher. Adjusted this count to be similar. Dovetails with FED goal to inject as much Volatility into the market as possible, increasing LABOR supply and reducing wages (the only mechanism the FED has left to reduce inflation ) Accept for a Recession which now can conveniently be blamed on Putin, with a US/...

wolffarchitecture Updated 

With the ascending structure on the VIX retesting the daily Trendline. The VIX is at a critical technical point. Lower then the RED O it will cause a cascading reaction driving the VIX lower. Higher than the RED X, the VIX will be forced higher.

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See the chart for the next TARGET, and trade your plan.

wolffarchitecture

See the chart. Very strong move lower today. Wait for price conformation.

wolffarchitecture Updated 

This is Purely for the Elliott enthusiast, feedback welcome: Personally I wouldn't mind if the world CRASHES, but that is NOT what I am seeing: I would rather make money. I SEE: Inflation priced in, FED rate hike priced in, WAR priced in, Russian sanctions priced in . Did forget anything? . Baring another catastrophe I see market beginning to turn. I don't...

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Which one ? ... I don't know. But my general feeling is we are nearing a turn.

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Likely to have one more dip lower to complete wave-2. SEE chart for more explanations. 3/21/22 is the spring equinox as well as a major put option expiration date for the dealers/ banks

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It appears with this count EURUSD is AT or close to turning around toward the upside. Most likely one leg lower to the downside then up to complete Supercycle X-WAVE triangle

wolffarchitecture Updated 

So far its all been about the 2,750 level, and so far solid support has not yet materialized (although close) Will add to long positions after this support structure has been proven. Meanwhile we have been involved with some small/test Short positions. see recent posts. Typically these are kept private for my use only as a journal, but this weekend decided...

wolffarchitecture Updated 

NO trade setup here YET, The past couple hours Look corrective so preparing for a SHORT. But no Entry Yet. IF Support on the 2,750 is Confirm will switch to LONG

wolffarchitecture Updated 

I am taking aa few small intra-day short position as part of a follow-up to a small LONG position which was stopped out. Overall Still LONG on ETHUSD

wolffarchitecture Updated 

Based on Elliott wave principles, looking to add to Long position. Short/ Medium term LONG.