mi_khan

mi_khan

Tesla could be in a Elliott wave 4th wave irregular flat correction. It seems there could be a little more to go to the upside. The idea is simple: sweep liquidity from above the ATH, dump, and sweep liquidity from below where people might have put stop losses. Look for signs of distribution above the current ATH. Not financial advice.

mi_khan Updated 

After a strong up move, XAUUSD seems to be approaching some strong resistance. If the resistance can be claimed, the up move can continue, otherwise we could see a correction or even a reversal from there. Not financial advice.

mi_khan Updated 

Stars are aligning up for a big short in Tesla. Multiple channel lines are meeting in this area and also the 1-1 extension. In trading, nobody knows the future, we can only take high confluence trades and place our risks accordingly. Not financial advice.

mi_khan

NVDA has gone up crazy, but it broke out of the good channel, and tried hard to get back in. Now if it break the support line, we could see a large dump. Not financial advice.

mi_khan

As long as Tesla stays inside the channel, there is a risk that we will visit the lower channel line. Not financial advice.

mi_khan

BNB is again fighting again the mega resistance. Will it reclaim it as support, or will we see a big dump ? Not financial advice.

mi_khan

It seems like the crypto space is struggling in general. If we start going down, look for targets at the channel bottom. Not financial advise.

mi_khan

XRP broke it's long time held support line. It made an inverse head and shoulder pattern to try to climb back up. If this fails (which it looks like right now), we could see a big dump for XRP. On the other hand, if we miraculously are able to reclaim the support line, it could be real bullish.

mi_khan

NVDA broke out of it's uptrend channel. After a failed reentry of the channel, it's now hanging in no-mans land. The longer it stays there, the greater the chances of a big dump. See my earlier posts for possible targets in case of a dump.

mi_khan

Bitcoin seems to have rejected at VAH. If we are unable to reclaim it, the next target could be a dump to 40k-ish area where there will be good support with VWap, POC and BB mean

mi_khan

BTC has been in a descending triangle. If we break to downside, the downside target is around 40k, where it will also meet the monthly BB center line. If we somehow break to upside, look for top around 80k (top of BB band).

mi_khan

A follow up on my previous post about NVDA returning to BB mean. We hit VAH, and got a good bounce, but now it seems like we are getting rejected from channel center line. If we start breaking the channel and go below VAH, next area to be aware of is POC around 45. This aligns with my previous post of NVDA could go to visit BB means. This won't of course happen...

mi_khan

Bonk has a really nice looking bearish pattern. Downside technical targets provided. Or could just be a product of my imagination :)

mi_khan

NVDA has seen a significant rise. We could see pullback to Bollinger Bands mean around 50. This is a 6 month chart, so could take some time to play out.

mi_khan

A product of pure imagination. - Declining volume - Reaching extreme resistance - Far away from BB mean This is a yearly chart...so could take years to play out :)

mi_khan

Provided we get a dump, look for buys here. 1-1 extension and vwap agrees. Not financial advice. - Work of pure fiction and magic.

mi_khan

Just an imaginary count. Of course completely wrong. But if right, altcoins going to 0 again. Not financial advice. - Work of pure fiction and magic

mi_khan

Assuming we are making a B corrective wave (Elliott wave), we have multiple downside targets. If we break below the "C" wave, it can be argued that the top is in for Bitcoin and what we actually have is an impulse to the downside. Not financial advice. - Work of pure fiction and magic