I believe we are in a squeeze currently. Price action has shown tremendous discipline up until today. Maybe I'm lucky, or maybe on crack, either way, I am having fun. Let's see what happens. Up or Down?
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
Coca-Cola's stock faced a nearly 50% drop at the onset of COVID-19 but swiftly recovered, forming an impulsive Wave I in April 2022. Since then, it has been in a more extended correction, which might have found support around $51.55. With a strong surge since October 9, the culmination of Wave 1 could be imminent, and we anticipate a Wave 2 correction. As soon as...
Since 1 and 3 are somewhat equal in length wave 5 should extend.
GOLD: Dec 5, 2023 || Elliott wave analyst: Shane Hua EN: Bottom line: GOLD will continue to drop prices lower. The general outlook for GOLD is bearish with wave ii with a target of around 78.6%. While price must sustain below 2058. A move higher suggests wave b of wave ii may have taken place
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! ...It gone. I will not be looking to jump in front of this one until it gives something super ideal down. It's in price discovery. $40 is my trigger price to...
Based on a wave analysis, we are in a Neutral Triangle. After the final E wave, we can start taking Long Positions. However, based on the above analysis, only Short positions are currently viable. The green circle shows the ideal position for the end of the E wave between 78-100% Fibonacci.
OANDA:XAUUSD , on the back of the residual potential from last week, is forming a rally from the opening session and testing a new global high of 2150, after which we saw the strongest sell-off. Yesterday we looked at what could happen in gold. But no one expected an update of the highs to 2150. In any case a conglomeration of factors is important for us: ...
FX:EURUSD is forming a correction phase, within which it aims to test the support of the forming range. There are key nuances that suggest a further bullish trend, but there are also those that hint at a possible medium-term decline. The market is laying further TVC:DXY weakness amid interest rate cuts from the Fed. EURUSD is currently in correction on...
== BTCUSD wave count for bull market toward 2024 Halving == Bitcoin's first Cycle Wave I completed with a peak in December 2017, followed by a bear market ending in Wave II in December 2018. Since that low the market has traded in Primary Wave (circle) 1 to peak in November 2021 with a new ATH at c. $69,000. From November 2021 to November 2022 Bitcoin saw a...
We made a new high in the DOW JONES and this has some implications. The wave ((2)) low could be in after a triple three correction or WXYXZ structure. This would mean that we are now working on an impulse. The upward structure is strong but so far we are only seeing three waves. Therefore, we cannot exclude the possibility that the upward move is corrective. As...
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. On the one hand, this is bullish as we are now working on a wave (5). On the other hand, we have to be careful with the expectations for this fifth wave. With the current data, we favor some more upside but we do not expect a huge wave (5) bull run.
Hello Traders, Today the NIFTY50 reached my target zone as I wrote on December 01 @ 20665. It crossed this area by a few points, but closed above this area. My count is in line with my expectations and the coming days will show the way. Today the volume was high, but lower than on November 30. This is an indication of a continued advance. In extension of the...
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.
XRP was never my favorite Token but we have to keep attention as its potential is extremely high. I do expect to reach out 23$ between january and april 2025
One cryptocurrency that is lagging behind in my opinion is Polkadot. Our last limit order for DOT didn't get filled. After close scrutiny, it appears to be a completed Wave (a), with the formation of Wave (b) underway or just completed. There might be a brief upward move, but I don't anticipate it surpassing the level of Wave 1. A Flat pattern, whether Regular or...
A tricky pair to deal with right now, but this looks like a good point to go long. Price has tripped upwards, so fingers crossed, bottom is in. Not having massive upside though. Be nimble. I think we will eventually get to 1.3380 but not before doing some double or triple corrections above.
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.