Unity Software is trading in a bullish channel. It has already completed 3 waves and should retrace to around $115, before it resumes its uptrend to $170-$180. We are currently trading inside an ending diagonal of a fifth wave, which means we will have to retrace deep. TRIX , which is basically a modified MACD histogram, is flashing bearish divergence. I have...
Here is another pair I've been following. 5 wave structure to the upside is complete , price broke out of the ending diagonal to the down side and should drop to the bright box near the 1.618 fib. I'm watiing for a slight pullback to the 0.618 or 0.786 fib to enter the trade.
I'm bullish on Ethereum. It has broken out of the box, if it can consolidate above it we'll have a bullish confirmation. Waiting for price action to retest the box , that would be our confirmation signal to enter the trade. Please remember , that the length of the pole going into the box is the same, when leaving the box. I expect Ethereum to hit $4300, I'm not...
This is a texbook chart. It has completed the 4th and is about to commence the 5th wave. All MA's are coiled and it has been trading in a very tight range in the last couple of days, that's very bullish. MACD is bullish (both histogram and cross). Disney’s ESPN sports-betting deals could net $3 billion,therefore I'm pretty sure we'll see $300 in the near future.
Looks like the bottom is in. The orange trendline on the left seems to be broken and price went to $100, which is a key support/resistance and was rejected there. I expect the price to climb to $140 which could be the end of wave 5. On it's way up there price needs to break and stay above the 200 MA (Red MA on the chart). Blue lines on the chart are key price...
$AUDUSD is still bullish short term. Wave 5 is the target . Let it retrace and retest the channel for entry.