Hello,Traders! BITCOIN is going up now But a falling resistance Is ahead so after the retest A local bearish correction Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Dear Colleagues, I suppose that the price has completed the correction and is now in an impulsive movement. Presumably in wave “3”, which means that the upward movement will continue. A small correction to the support area of 1.06595 is possible, then I expect the price in the resistance area of 1.07923. Manage your capital correctly and competently! Only enter...
After a 5 wave move downside over and triangle complete ....?
Hello everyone As you all know some charts have very near correlation to each other and some do not. I do not want to compare their correlation in a long time history but I just tried to alert you they that they are following their movements with a time lag (just in this rally) so do not make it as a rule. I do not rely my strategies and entry points on the...
For ES1! bears, I'm looking at a double-three correction from low of 4963.50, with an expanded flat Y, to complete below 5194.25. For the flat, 3 is shorter than 1, so 5 needs to finish below 5194.25. As such, this count is invalid with price above 5194.25. Price is currently between .5 and .618 Fibonacci price points on the correction, so bears are definitely...
We can easily guess that this segment is made of three waves and the wave of one larger degree is directed upwards since the whole segment is directed upwards. Thus, the actionary corrective waves here are waves A and C, when a major bull market begins, while the reactionary wave is wave B.
Comparison of BTCUSD and ETHUSD, bearish counts. Since their highs in March 2024, they both look like they are trying to form contracting diagonals (or wedges). For BTCUSD, it could mean an ending diagonal C to complete the flat. For ETHUSD, however, this would be a leading diagonal and would not make sense in the context of BTCUSD having an ending diagonal. The...
In my experience, a stock trader should have a watchlist that is set up in weekly timeframe and so he/she has enough time to monitor them and get the concept of movements and its investors and many many other aspects till the due time that want to enter a position. I never trader in zoomed in views and trapped in small timeframes unless I had counted from upper...
Hello,Traders! CAD-JPY is trading in An uptrend and will soon Retest a rising support From where we will be Expecting a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello everybody As I mentioned before we all need to have a monthly or weekly timeframe watchlist for our next investments. When you enter in a weekly or monthly rally (Wave 3,5,A,C) you can guarantee your trades and prevent to be trapped in numerous support/resistance levels included in correction patterns. For this reason I have decided to let you put this NYSE...
Despite the idea of a bearish impulse for dollar index I think it will surprise us and goes up. A reliable Head and Shoulders patter is obvious and its Neck Line breakout also happened and the last confirmation for me is to breakout a green zone. For now just wait and see because we can have very good position in EUR if it analysis is correct. Thanks
Hello everyone It seems that Gold finally has exhausted and now it is resting (make liquidity) for the next rush. Let the market to prove or fail it. Thanks
Intel Inc idea Intel on the way to first of the 5th Wave Taking support of Nov22 Closing $30.22 and Potential to go Double from here if Monthly closing is stay above $30..
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Hello,Traders! EUR-JPY retested the Rising support line and Is already making a Bullish rebound so As we are bullish biased We will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price heading towards 0.618 Fib before it start drop.to 4998 level
Hello everyone There many alternative for this correction pattern and according to Mr. Prechter (Elliott wave Principle Text Book), correction patterns will be clear just when they finish. As I said in the last BTC idea update, I think the correction in BEING extended to make us disappointed and tired and for this reason Ending Diagonal can be good pattern for...
Trade Setup (Daily and 4 hr) approx 3:1 - waiting for a retrace next week or two to fill my sell order - Daily RSI divergence - 4hr trend changed to bearish Scalp (4hr and 15 min) approx 2:1 - If during kill zones (as marked on the chart the trade setup)