Godly

Godly Updated 

Structure is still bearish for the short-term however the bears momentum is weaking, so VET could see a rally near it's top (marked on chart) however even for the daily the structure has made a NSL so it is likely if it breaks the bearish expectations for the short-term it will have a bullish expectation failure near the top. I will update as we go, but you'd be...

Godly Updated 

Seems bears have been successful in holding the last stand point for the bears, however our orange harmonic was invalidated, our blue one is still valid, the 0.886 wasn't matching until I moved XA from the preceding local top to the current one; the PRZ has been listed for that harmonic; and there is also a smaller harmonic aswell which has a point of support at...

Godly Updated 

Structure is still bearish, once breaks the green line you can switch from Sell the rally to Buy the dip. Currently expectation is bearish so expecting new NSL.

Godly Updated 

Little update for those following the daily analysis , since it was on the 4hr chart it is hard to update on the structure daily, but will follow the underlying trend for the 1hr. The shark is still in play however I have removed it from the chart to de-clutter it (See 7/3). The short-term structure is still bullish but it is near a possible LH for larger...

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** IF LOOKING AT THIS PLEASE MINIMIZE YOUR SIDEBAR, AND MAXIMIZE THE CHART (OTHERWISE LINES WILL OVERLAP) ** In this lesson we will go over a form of motive wave that is not an impulse, a Diagonal Triangle! (referred to as either an Ending Diagonal or a Leading Diagonal) Leave a like if you wish to follow this series, every update will be posted below. If you...

Godly

My apologies for no daily analysis for 7/2, am still under the weather. The harmonic I mentioned before that would probably play out if we break above our NSH has played out. However, the PRZ for the Orange shark was based off of the candle bodies, the fibs placed from the wicks have not been breached so it is not invalidated just yet and we are near a LH...

Godly Updated 

Today was a wild day, bulls came in and painted a huge green candle that took us to the top of the megaphone resistance, however I am a bit conflicted as I mentioned before how we are making structure failures all around because of the nature of this formation (Expanding not contracting) so stops will be hunted. We are making NSH's for the new structure which...

Godly Updated 

In this lesson we will go over motive waves more in depth Leave a like if you wish to follow this series, every update will be posted below. If you are following this series I would suggest writing down what is shown in notes to help your brain remember these patterns, rules, guidelines and more. Elliot Wave theory is based on pattern recognition, and to...

Godly Updated 

Looks to be a Harmonic Shark on the weekly; the correction could go way deeper than expected previously. If it breaks our marked LH our short-term bullish momentum is back but for the time being we have a bearish expectation since there is a NSL on the longer-term and shorter-term. Can enter near the LH and place S/L above that LH. T/Ps have been marked by Aqua boxes.

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Elliot Wave analysis. Paths listed: - Extended wave 5: Retrace (wave 4) at 161.8% to around 38.2%-50%, followed by an extended wave 5 to either 100%, 161.8% or 261.8% 0-3. Expect 61.8% retracement after of entire structure. - Extended wave 3: Blows past 161.8% toward 261.8%, followed by a 38.2%-50% retracement after making contact with 261.8%, followed...

Godly Updated 

The orange harmonic is a "Deep Crab" and the aqua harmonic is a "Shark" - One of these patterns will invalidate the other Price action must not close below (if advancing to the Deep Crabs ratios) below the PRZ or there is a high probability it will continue to the next, the same applies vice versa if it is advancing to the aqua Sharks ratios, price action must...

Godly Updated 

Good 'ol Berkshire Hathaway Class A shares. Looks like BRK.A is at a potential reversal zone, and this could be a good chance to either a) Short until desired targets or b) Wait for support and signs of reversal at the 23.6%, 38.2% or 50%. If we do indeed reverse at this zone, this will be our wave 4 correction yielding an extended wave 5 afterward. According...

Godly Updated 

Not much to update today; price action is lingering within a range. Is resting on the top of the channel so if we should expect support a good spot would be at the retest of it. However I am still bearish over-all as I don't think bulls will have the momentum required to bring us past previous NSH's, targeting TP2 and areas around if we cannot break our green...

Godly Updated 

In this lesson we will go over the application of the wave principle, and the fundamentals of impulse and corrective waves. Leave a like if you wish to follow this series, every update will be posted below. If you are following this series I would suggest writing down what is shown in notes to help your brain remember these patterns, rules, guidelines and more....

Godly Updated 

The bears have taken the reigns of the megaphone as they have broken through the bottom of the range we had in our previous analysis and the HL made by the bulls. I am targetting the 61.8% ratio for the PRZ of after D for the Harmonic as TP1, and if that breaks downward, TP2 would be the bottom of the megaphone boundary (probably the last bounce we'll have on it...

Godly Updated 

Looks like Jamieson Wellness could have a bullish Q4 of 2017, looks to be in a wave (ii) of 3 which should go to 2.618% or 4.236% (wave 3), however the substructure of the 3rd wave has not had an extension yet and looks to be retracing a wave 4 on the shorter-time frame, so there is a high probability of a wave 5 extension after the (iv) wave support has been...

Godly Updated 

Seems the megaphone is still present and still vicious. Looks we might also be retesting the PRZ for D leg of the Harmonic to close in that area, if we break above our short-term harmonic will be invalidated and a larger timeframe harmonic will be validated; if this occurs the larger Harmonic will be included in tomorrows daily analysis since it is a higher...

Godly Updated 

It seems NFLX has gone parabolic over these past few months and it's obvious that it should pull-back as it is overvalued. The reason it has gone so high is because it is in an Ending Diagonal within a Ending Diagonal, to make it even more confusing the bigger one is a variant of the Ending Diagonal called a "throw-over", they tend to trap bulls because they think...