All drawn lines were made by measuring on Fibonacci. Buying and selling points are indicated on the lines. These are my personal opinions. It is not investment advice.
This is a private and personal visionYou cannot rely on it to determine your decision or enter or exit the marketThis personal insight is based on my development of Elliott WavesTherefore, it does not depend on any precise or known rulesThis is just a disclaimer
It seems that Shiba has broken out of the wave 4 triangle pattern. And after the formation of the first wave of the fifth wave, it has formed a corrective structure 'abc', which is probably the second wave of its fifth wave. that this 'abc' wave occurred in the support area of the Fibonacci levels and the end of the 'c' wave occurred at the bottom of the channel...
FX:XAUUSD is in the correction phase. A range between 2195 and 2145 is forming. On the local timeframe, the expected correction range is formed, and at this time the price is testing the psychological resistance level. The growth of gold stops. The price does not reach 2200. Obchms are declining, price is forming a consolidation or even a trading range. On H1...
Considering the inflation in the world as well as the decrease in income in the world and considering the policy of the world's banks based on contractionary policy, it is expected that a large number of people will buy cryptocurrencies, especially Bitcoin. It is still expected that the third wave will continue. According to the statistical data as well as the...
Soundhound Ai seems to be ready to finally print another impulsive structure. Break this local descending patternt and this will be a full send. Current possible outcomes are a strong wave 3 or a wave C
Astronics Corporation, listed on NASDAQ under the ticker symbol ATRO, is currently undergoing a wave analysis based on the Elliott Wave Theory, focusing on the hourly timeframe. Starting from November 2023, where the price was approximately $14, we began identifying the initial wave ((i)). The wave count progressed until the high in February 2024, reaching...
Boeing stock should bottom at around $163 and the rally will be immense. Add this stock to your watchlist.
Everything looks set for FTX to pop out of the current $2.60 region to reclaim $3 and possibly higher. Few days ago I shared my larger time frame analysis which sees the price of FTX coin BINANCE:FTTUSDT going all the way back above $6. Today, I’m looking at the lower timeframes and I think the opportunity is present for traders to nibble some profits as the...
Nasdaq (NQ1): CME_MINI:NQ1! Examining the Nasdaq on the daily chart, it appears we may have indeed reached the final level of the potential primary scenario Wave 3 at the 461.8% extension, which is around $18,400. Now, we should be entering a Wave 4. If we continue to rise beyond this point, we might consider an alternative scenario where there is a bit more...
Silver OANDA:XAGUSD Let's take a closer look at Silver , a precious metal known for its notable volatility compared to Gold. Initiating our count post the COVID fall, a swift Wave (1) movement unfolded, followed by an extensive Wave (2) correction featuring a Flat pattern and subsequently a Zigzag for Wave (2). The completion of Wave (2) occurred around...
CRYPTOCAP:BTC.D It seems that Bitcoin will leave room for the rise of other currencies for some time.
In consolidation phase now from 323, Can correct till 243.7 (done ), 219.3, 195 and then might rise towards 322, 401, 450 in 2 years So, buy few now, and buy on lower levels and hold so many chemical stocks are in consolidation , giving opportunity to accumulate , can invest 5-10% capital and hold for very good gains in 4 to 6 months.
SMSPharma, now at 186.15, on March-14-2024 : Per EW, this has retraced till 0.618 at 162.5 twice and rising. Looks like swing trade happening here, and so buy on dips is adviced Buy few, Buy until 162.5, 152.8, 143.2 Uptrend confirmation comes after 194 and Target prices thereafter --> 212.85, 224.75, 234.5, 244 Expected gains from current price --> 31 Sl...
BLS Intl, now at 343 on March-14-2024 : 2 ongoing patterns can be seen #1. Per EW, the major Motive wave is completed and retracement is done closer to 0.382 and rising again, So, invest few now, invest until 256 for target of 604.5 in 1-1.5 yr holding period #2. Per another ongoing pattern ( highlighted zone ), One can invest until 300 for a target of 604 As...
Boeing ticker symbol: BA ended a corrective cycle in January 24 at 217.59 high and we labeled as wave (B). Then the stock continued lower forming an impulse structure. Down from 24.01.2024 high, wave 1 ended at 198.32 low and bounce in wave 2 finished at 215.03 high. The market resumes lower in wave ((i)) ending at 197.15 low. Pullback in wave ((ii)) higher did a...
Ada now completing a triangle as a way to start wave 3. The possible retracement point is 0.382, where I labeled point D and wave 2 on the chart. DYOR