5-WAVE
" EURJPY " Buy Trade ScalpingHi Trader's ,, How Area You Today ,, Hope U Be Fine
Now We Have New Trade On " EURJPY " Let's Explain The Chart Together ,,
1 - What Is the Main Trend For EURJPY ? Down Trend
2 - Why We Will Buy From This Area ? Because This Area Is ( Order Block Area - Golden Zone - Support Area )
3- What The Price We Can Enter From It ? 136.25 - 136.100
Target And Stop Lose On Chart ,, Don't Forget To Like And Comment
SPAC: Special Acquisition to "IPO private companies"Dipping your toes into the wild "reverse IPO" SPACs....
A SPAC, Special Purpose Acquisition Company, is a company that uses its funds to transform existing private companies to list them on the Stock Market. Read up on the SEC.GOV on these "special" financial instruments from Wall Street and friends before risking a penny on these things.
We'll use a special SPAC acquiring a company very close to home: D-Wave Systems of Vancouver (Burnaby), Canada regulated under Canadian and BC Laws.
For D-Wave's IPO via XPOA (the SPAC) to QBTS ("quantum bits") this will be done on the NYSE listed. D-Wave Systems is currently private and a leader in Quantum Computing with North American headquarters and control. A former Canadian star is graduating to the US. See the company web site for details www.dwavesys.com
AI (Artificial Intelligence) is the future and "Quantum Bits" D-Wave QBTS might do very well as it becomes fully vetted in the USA via it's "big board", the NYSE (New York Stock Exchange). Everything needs "servers" and quantum computers are the big players in serving processing speeds. Check the past and recent clients for D-Wave Systems.
In this Tutorial, we'll use TradingView Charts to explaining the possible price action on this chart based on the public information available both in the US (new D-Wave Regulatory home) and Canada (existing D-Wave Regulatory home).
As a way of a background: D-Wave a leading Canadian Quantum SuperComputing is on its way to "move" from being privately held in Vancouver, Canada to being American sharesholder owned via NYSE under the expected symbol QBTS..SPACs are one way to play the IPO but it's all speculative. These are listed as
The very interesting thing with the Markets is Canada operates under its own rules and Laws. So something that might be approved in Court last week for example, is "public" in Canada but may not be advertised in the US until regulatory requirements are met in both Canada and the US. The Charts on XPOA (DCPM Capital), shows the spike in February 2022 when the acquisition was announced.
"Update: D-Wave to Go Public via Merger with SPAC DPCM Capital; DPCM Shares Rise
Feb 8, 202208:47 Reuters
D-Wave Systems, a provider of quantum computing systems, software, and services, said Tuesday that it has agreed to merge with special purpose acquisition company DPCM Capital (XPOA) to become a publicly-traded entity."
In July, the charts shows the XPOA (and associated XPOA.U and XPOA.W) was repriced and the market respected sending the SPAC from the $10s to the $7s
This is a SPAC to watch since D-Wave Systems is a large company located in Greater Vancouver, Canada. It was a Canadian technology company and will become one of the few (or only?) pure play US company in the Quantum Computing space.
There is a customary US publication ban until proper regulatory approval is received. The "may not be distributed in the United States" allows the company to get past stockholders to understand the restructuring. Track the official Public filings available from the SEC in the US. The SEC (Securities and Exchange Commission) being the regular lists any public information as filed by the company at: www.sec.gov
The Latest public news is www.sec.gov
A Shareholder vote to be voted on TOMORROW August 2nd 2022 Price action shows it has very good changes of being approved especially given the Provincial/State Canadian BC Court Approval last week which was public with restrictions on the company relating to publication in the US prior to Shareholder approval.
Interesting times...
DISCLOSURE & Liability Waiver: The above could be all wrong. FACT CHECK everything anonymous posts! BR is part of a group of Researchers of the Markets and regulatory protocols. SPACs are truly "special" (read up at SEC.GOV) and not for the novice investors. These "high growth speculative plays" need to be viewed with either deep fundamental analysis. HTA (Hybrid Technical Analysts) using certain "conditions" to determine when to jump on and off. Volume and changes in volume is one of the key indicators and mapping these to Regulatory Disclosures is interesting. For "XPOA SPAC to QBTS IPO", since this is the Study at this point given the Events, we expect Bullish volume to possibly resume here with a massive short squeeze as the dark uncertainties get cleared up tomorrow DPCM Capital/D-Wave Systems Special Shareholder Vote August 2nd 2022. Only shareholders as of June 2022 get to participate and vote at the Shareholder Meeting. Contact the company or Regulators for more information or post as a Comment if you know something public that isn't widely known. Just think I'm just an "Elf on summer break", I have no freaking idea where that Rudolf is! That "red nose" is a concern for some but it's NOT because the poor is a drunk. That's vicious rumours by bad actors! He was just born that way! Seriously, this is just an early "heads up" from "Up North", friendly neighbours. Hey!
Peace on Earth and at Home.
$BTC analysis - Time to buy | heading to big resistanceBTC have big resistance at $28800. as you can see on weekly chart ,we have witnessed huge volume on upper side after so much time. last week sellers failed to force down the price of Bitcoin. which can make bulls more strong.
Even in shorter time frames like 1D or 12 hour its showing good sign of huge rally toward 28k.
My advice to you will be you can long it till 28k with small SL at 22500 or anything which u think right.
BANKNIFTY NEXT WEEKL 1st AUGUST, ELLIOT WAVE & TREND ANALYSIS Price almost traded in between 37200....38000 for 4 days as we expected last week. if price immediately breaks 3800 level on monday price can move above 388000 level in next 5 days trading sessions. But friday we saw price rejection from upper levels , so i am expecting a small correction of price till 0.38 of fib level.
If we analyse according to Elliot wave theory , currently price is in third wave , if price breaks 37100 support , we can expect little correction till 36200 in next trading sessions.
HDFC BANK LONG TERM ELLIOT WAVE ANALYSISHDFC bank is one of the largest private sector and biggest bank of INDIA and WORLD'S 10 th largest according to market capitalization .
HDFC bank is among top nifty 50 index stocks and one of the largest bank in bank nifty index with 28% weightage . According to ELLIOT WAVE ANALYSIS it has completed one big cycle and moving towards third wave which is considerd biggest waves among ELLIOT 'S 5 WAVES . Price has taken support near 1250 which was earlier a strong support zone.
Weekly candle has also broken channel and looking bullish .It is the best stock to consider for long term investment .
BTC looking forward to another bearish attackThe downtrend momentum of BTC doesn't seem to be finished yet. So we should wait for another down trend wave in order to see some reversal signs like bear trap or divergence in indicators.
right now the rising momentum is so weak compared to the previous fall and that is not a good sign for expecting a bull market.
Clean bullish Wolfe Wave on $UNI.Missed out on the perfect entry on $UNI, but I will start accumulating now (even if we dip a little bit considering Bitcoin has a tendency to misbehave while ranging). Targeting around $8 as a target. Could be worth keeping some for after $8 if the market sentiment turned bullish in general.
Formation of clean bullish Wolfe Waves on BitcoinBullish Wolfe Waves appear on Bitcoin's 1 hour chart. This could be an indicator for short term reversal. Point 5 having a relative increase in trading volume makes me more confident in this setup.
I would be using the 1-hour Fair Value Gaps / Imbalances as areas to take some profits with my last target being the local high marked with a green line. Golden pocket doesn't look that significant as it was visited with a reaction prior but we might see another retracement there or from an area close below it if we decided to dive a bit deeper with point 5.
Bear in mind that FOMC is really close (pun intended!) and an interest hike might mess things up for those longing.
Trade safe.
A NU Explosion ???NU explodes to around $2 by Aug 12th, thus saith elliott wave.
Expanding triangle B wave
Not financial advice
Entertainment only
lawyer double speak blah blah blah
Banknifty - Cypher PRZ at Wolfewave TargetBanknifty had wolfewave and near to its target , interesting thing is wolfewave target and cypher prz are at same level. Current supply is tested thrice (including current attempt to break) Looks like it will trap bulls by giving breakout ... Upside a significant supply with left shoulder is waiting to pull price down. Previous quasimodo failed to break low hence we can say strong low has formed. and also two flag limits below (one with FTR) shows strong demand and which is hard to break .
*Cypher might turn into shark so next potential reversal zone will be at 886
Amarajabat - Wolfewave with BAMMAmarajabat has wolfewave and supply in FL. Also a BAMM ... Two possibilities of rejection either it will react from supply under FL (Low) or react react from FL (High) which is aligned with LS and BAT PRZ... Very good RR setup...