Hi Guys, I am posting this USDCAD chart to show how wave analysis works. If you have been in any of my webinars you would know why I am ONLY looking for sells in the USDCAD chart. If you still don't get it well sorry not my fault. Yes a "fellow" said I got is all wrong, LOL. When the daily analysis says it will go down because you are in a daily correction, it...
Well it is finally here.. We have reached the date of the above green time cycle. This cycle marks the date of significant highs, normanly followed by a sharp break down. This cycle has remained acurate for last 3 years (we are entering 4 year) and it remain spot on.
The Green time cycle shows the dates when oil stops a bull run. Even in a bear market, there...
My last Elliott Wave guess for Tesla was two years ago and published here at TradingView.
It was a brave effort to forecast far into the future and was bearish at the time, looking for a drop to 193. See the link below for reference.
The updates relate to going back to 2006 as the top of wave 1 since that was when the Roadster was sold. The Model-S in 2012...
These are three very common patterns found in the market, they also interchange in this sequence very frequently
below are few examples attached
cheers.
Kondratiev wave
The economic cycle has four phases: improvement, prosperity, recession and depression.
Now we are in a phase of recession or inflation Economic bubble.
Within the next 5 years there will be big changes in the world.
Shange of the financial system, the educational system, technology.
In 2000 We didnt moved from the 20th to the 21st century. We use...
Hi Friends,
I have left the above Nifty chart without proper description on purpose. Just take a look at the chart, if you can understand why those lines are drawn, its fine. If you don't then also its perfectly fine. But whats not fine was,taking trade decisions without knowing what those lines where.Do you think complex systems are better than simple trading...
Hi Guys !
This post will be different from my usual style. Its gonna be combo of how to use Elliot waves to our advantage and trade setups also explained. So this will be Learn n Earn Series, just an info before jumping into analysis, please note that I follow My own style of Elliot rules which is slightly different from primary Elliott rules. I have modified...
For my newer followers or those that missed this post previously, here's a generic trade plan explaining all those horizontal lines on my charts. Notes on the image should be self-explanatory. Minor and minute waves are shown, but this method can be used on any time scale / Elliott Wave degree. Learn more about trading Fibonacci Pinball from the pros at...
Hey traders, here is an example of a typical bullish Wolfe Wave setup. Price creates two converging descending trend lines. Point five often overshoots and touches the parallel of the 2-4 line, presenting an entry opportunity. Profit is taken at the 1-4 line. For the bearish setup, the lines must be converging and ascending, and same rules apply. Trade with...
Waves 2 and 4 within an Impulsive wave will unfold in different forms: if wave 2 is a simple ABC form ( zigzag), the 4th wave is likely to be a complex wave (triangle, double three etc.)
Not an analysis, though I used recent price changes in CAC40 to illustrate the idea behind Wolfe Wave. Things are never ideal so it remains a theoretical tool but it can help to find out target levels in case of breakout scenarios from converging triangles. The presented example is a bullish scenario but you can do the same for a bearish scenario if the triangle...
Some basic "guidelines" about Elliott Waves.
I hope that somehow help to understand how the market really moves.
This is an "update" to my previous published educational chart about Elliott Waves - link below
Safe trades;
![NIFTY: Don't Be the Kid at Candy Shop [Educational Post]](https://s3.tradingview.com/s/ShVHtnXh_mid.png "Don't Be the Kid at Candy Shop [Educational Post]")
![EURUSD: EURUSD : [Learn n Earn Series -1]Tryst with Elliot wave theory !](https://s3.tradingview.com/o/OOolso7F_mid.png "EURUSD : [Learn n Earn Series -1]Tryst with Elliot wave theory !")
