The general form of this wave is a correction of the previous ascent, and then the bullish trend is complemented by it
Heading into Tuesday, Friday's closing 15- Minute range on $WMT is worth watching. There should be strong support/resistance at 146, however, I favor the downside from a risk-reward standpoint. Secondary support can be found at 144.50, giving a fairly clean shot at a 1.50 move to the downside off a rejection at 146.
ELLIOTH WAVE THEORY In an uptrend, the "5-wave" pattern of an impulse wave consists of three "motive" waves (waves 1, 3, and 5) and two "corrective" waves (waves 2 and 4), with wave 1 being the beginning of the trend, wave 3 being the strongest and longest wave, and wave 5 being the final wave of the trend. Currently the 5th wave might not be finished. ...
Follow trending Storage, AI, Big data Signal on 15m Win rate 100%
YM1! US30USD DOW 2023 FEB 20 Finally we see some movement from Dow. 34605-34432 rotational play based on 06 Feb's analysis garnered. Possible scenarios: 1) Rotational play: Trades can be executed at boundary of rotation range 34605 / 32789. Note: 34605-34432: If market trades toward the upper boundary = possibility of breakout 2) Rotational...
NQ1! NAS100 NASDAQ 2023 FEB 20 WEEK Result for week of 13 Feb yielded 368pts in total from 3 trades. Market testing breakout area 12140-12271. Possible scenarios: 1) Rotation Play between 12987-12811 and 12140-12271 2) Short on rest and reject of 12140-12271 Volume Analysis: Weekly = Ave vol level bar close toward low = minor demand Daily: Ave vol down bar...
EMA Bunching Indicator Follow Trending NFT Signal BUY on 15m Win rate > 90%
EMA Bunching Indicator Follow NFT & Gaming Trending on date Win rate > 90%
EMA Bunching Indicator. Win rate 100%. Follow trending NFT.
The idea is simple but profound. The volumes by far the only one indicator which shows us additional information rather than basing on the price itself. Everything is on the picture. I believe it might help you with: 1) choosing where to fix your BTC longs profits (and where not to) and in which proportions 2) also might help you to acknowledge the danger...
Volume and Momentum are left behind for this last part. Technically this may not continue as a sustainable uptrend but... there are always some buts! I personally bought at 16 and don't see a point selling here, will try to stake some cash to add to my position in case of any notable downward movements. Good luck
Possible rise in the last corrective wave, It will be a final rapid triple rise in order to correct what happened in the previous five downward waves
For the first time in over 300 days, #spx broke above the 200d SMA and its downtrend pattern. The 50-day SMA has crossed over the 200-day SMA. After a long bear market, the current uncertainty in the market is quite natural. I expect this new little flag to even reach 4000 for a last kiss and then it can go up. The next barrier could be around 4300.
After a quite long-lasting bearish movement on Silver, we finally see some bullish clues. Analyzing a 4H time frame, I spotted a significant volume spike during the US session. It matched perfectly with a breakout of a resistance line of a falling parallel channel. It looks to me that the market may start a correctional movement next week. Goals will be:...
This short option is not completed, it needs more time but it is an idea.
We could be a speculator's ascent targeting area: 352.61/357.86. And if the downtrend is broken we may continue to form an upward wave ( I don't think so). Perhaps the rise may be interrupted before touching the downtrend at 352.61 and we target the demand area : 336.
i sure don't but i think we can move to the downside quickly
SHIB had made 850% during the previous bullrun in quite a short time after 5 months of accumulation. This time, the accumulation period is even longer (i.e more than 9 months already). When will SHIB break out? It would be soon thanks to the current moves of BTC and the whole market. Moreover, CMF values became positive (as in the past, this is an early sign of...