I have entered into a long position in Atom as I believe that wave 2 on the 12-hour timeframe is soon to be completed. This gives me reason to believe that wave 3 will soon follow, which I plan to ride in order to profit from the price increase. It's important to note that the Elliott Wave Theory is not a guaranteed predictor of market trends, and conditions can...
It made three downward waves, wave A, and the remaining three corrective upward waves, wave B. I finished the number of two internal waves of them, and one last upward wave remained.. Let us see what will happen
Topglove’s Price will be trending up to 3.78 +/-.( a potential of 320% growth from current price).. Slightly “exceeding” the inducement/ stop hunting zone. (3.00)..Where FOMO ( fear or missing out) investors/traders will “stuck” again due to a “deep pullback “ of -50% toward 1.69+/-
Again, judjing by the recent developments I update the short-term outlook for SP500 assuming an expanded or a running flat in the making.
Gold price “retrace” deeply after slightly “exceeding” inducement / stop lost Zone. And there is a head and shoulder pattern in lower time frame e.g 4h, 1 h chart.
My previous read of Gold's wavemap has been proven invalid through price action. Any chance of a drop to the levels of 17xx have been very likely denied considering today's price action. With the removal of certain possibilities, only a couple similar options remain on the table. With anticipated support to come near the levels of $1830-$1870, I expect Bulls to...
S&P 500 (SPX) rally from 10.13.2022 low was in 3 swing and ended wave (2) at 4194.16 as the 1 hour chart below shows. Wave (3) lower is now in progress as a 5 waves impulse Elliott Wave structure. Down from wave (2), wave ((i)) ended at 3943.08 and rally in wave ((ii)) ended at 4078.49. The Index extended lower again in wave ((iii)) towards 3842.91 and rally in...
This is an idea for this stock bottoming in January and already pulled back, and about to start a wave 3 of 3 of 1st primary wave. Note that I am new to EWT and have not really looked into whether this fits into the model. It's just drawing some lines on the chart. With that said, look at the nice volume recently.
On the above 3-day chart alt-token market dominance is testing resistance for the 3rd time (although technically speaking it is the 5th test if the two tests in January 2018 are counted). We all remember what happened to our alt positions in May and September is probably still fresh in our minds, a strong sell off. The 60% dominance level (blue line) represents...
The outlook remains unchanged with a slight amendment of the final wave (c) down which took shape of ending diagonal.
USDZAR Has been in an impulse phase and it has been completed with no rules violated. We are in the bearish phase of the market, we have two counts going on where it could be an impulse in the downside suggesting a long-term sell-off or a short-term sell-off as a correction meaning we are trading in a wave (C) instead. The idea of an impulse is a little complex...
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
so much so investors want to be bullish on tech, looking at this chart, without forcing any wave count I see apple stock to have one more drop to complete wave c of (Y)
Today, I want to update the 🗺️road map🗺️ of ApeCoin. ApeCoin is making a Double Three Correction(WXY) these months, So that the main wave X followed the Double Three Correction structure(WXY). ApeCoin has started microwave 5 of microwave A of main wave Y. If we look at the 4-hour time frame, the double top pattern can be a sign of the completion of microwave 4...
Hello Traders, NIFTY50 dropped close to the mentioned price range, as per my latter analysis! Today's low was @ 16828; I called for 16750 area. Either it was all of the correction and N50 will start a "counter-trend-rally, or one more lower low is needed to end the correction. At the latter case, N50 would drop into my favored price range @ or around 16750-16641...
Multiple time frame analysis on Gold. Price action & key levels. Trading recommendations & thoughts. ❤️Please, support this video with like and comment!❤️
the very nice impulsive rally from Oct 2022 to Feb 2023. It took about 76 trading days to complete such a move. price drop exactly after such a period. if you are a student of time and cycle, you won't be surprised by the precision of the move. right now we are looking for a dip into the grey box area and i assume it will complete soon and ready for a rally.
if price unfold 5 wave structure towards to the downside...right now, price might be unfold wave 4 and correction wave might be finished at fibo level 38.2 @ 50 of wave 3..look for short setup to ride next wave structure down..