This pair is completing wave 5, it is forming an ending diagonal which is a reversal pattern. We anticipate a buy as indicated with the arrow.
TSLA kangaroo still boxing/ hopping inside the ring (triangle) since end of 2021. Strong support if there was a pullback toward 186 +/-. Which is confluence zone of 1) POC of Volume Profile (red horizontal line) 2) 233 weekly EMA (white MA Line) 3) Pitchfork lower channel (blue).
Although all the hype going around DUSK at this point, I think it was in a corrective bullish wave since Dec2022. The best buying range for it would be between $0.065 : $0.035 The invalidation point is crossing $1 The confirmation is breaking $0.27 After this bearish wave competes I think DUSK will be targeting a new ATH from down there.
If you find this information inspiring/helpful, please consider a boost and follow! CRYPTOCAP:PEPE following the path I laid out. Not its at a discission area in my opinion. If it can hold this level I am thinking it will give another bounce. IF it breaks below the level I will be watching to see if the level plays again as resistance.
If you find this information inspiring/helpful, please consider a boost and follow! Busted above this level before. Now its coming back for a retest. That combined with the Elliott wave count. I think there could be a bounce here, for at least one more move to the most recent high. If price breaks below 7.70 swiftly, I think it may turn back into resistance.
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 2 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 2 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Price action since 13 April low has been a hot mess, with an impulse wave tucked weirdly in the middle... I think an Elliott Triangle Wave is most appropriate here. This bearish count presents an opportunity if ETHUSD stays below 3221.36. Wave (5) would approach but not break below 2189.13 to complete a leading diagonal ((1)) or A wave from high of 4090.44.
Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave...
TRB/USDT on low time frames... the target is $200 the stoploss is <$104
Hello friends In AMD share, we see the formation of a pattern in the form of 123 or ABC. But due to the breaking of the $162 range, which was a static resistance, and a pullback to it, the formation of an impulse pattern seems more likely. Therefore, assuming a 5-wave scenario, probably the 4th wave has ended and the 5th microwave has started from the...
Hi traders, Bitcoin started the next impulsive move up last Monday. This could be wave 3 of a leading diagonal. If this analysis is correct then we could see a pullback down soon before the next impulsive move up. So let's see what the market does and react. Trade idea: Wait for a pullback to trade buys. If you want to learn more about wave analysis, please...
Hi traders, Last week XAUUSD went up again. I think this could be the end of the X-leg. So for next week we could see another drop to finish the bigger complex pullback. Let's see what price does and react. Trade idea: wait for a change in ordferflow to bearish to trade sells. At the moment it's still very bullish. If you want to learn more about trading with...
Hi traders, Last week SPX500USD went up some more. For next week this pair could go up a little more but we could see the correction down soon. Trade idea: Wait for the finish of a correction down to trade longs. If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point...
Hi traders, Last week EU went higher then I thought so I had to adjust the wavecount. The D-leg has now finished so this pair could drop. If this analysis is correct we could see a drop to finish the E-leg and after that a big upmove. Trade idea: Wait for a change in orderflow to bearish and trade sells after the finish of a correction up on a lower...
Hello friends In Bitcoin digital currency, we see the formation of multiple waves in the shape of ABC (zigzag). This pattern only appears in triangles. Triangles appear in wave B of a zigzag or wave 4, but considering that before these zigzags we see a wave that consists of 5 parts, so the theory that this triangle of wave B is a zigzag seems very strong....
Hello friends In Ripple digital currency we see a clear triangle. Triangles are usually seen in wave B or 4. Therefore, taking into account these two theories, we make a trading plan. Triangles are always followed by a trend reversal (even a limited one). Therefore, to complete this triangle, we first need a price rise to the 0.5700 range to complete the triangle,...
Putting on my bear hat this morning and reflecting on how difficult the move up from October 2022 low has been to interpret, from an Elliott Wave perspective. If you were trying to convince yourself of a major market top and completed five-wave impulse, I think this is how you'd have to do it. Wave ((5)) ends of being an expanding ending diagonal off October 2022...