VeCHAIN and a great BUY-CHANCE!Hey r tadomaniacs,
Vechain seems to continue its UPTREND and has recently created the next Impulse-Wave.
This could cause nice bullish confluence and so a break of the resistance-zone in order to create the third and extended Wave.
Looking at the Wave-Sctucture, we can expect at least two more Major-Waves upwards in order to complete the entire Impulse.
With this trade we could just participate the next impulse before we head into the next correction.
I will patiently wait for a breakout before I buy!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Impulsewave
Prepare for Genedrive to burstAnyone in still doubt? Just look at the RSI trend-line retest. The uptrend move has been started and will break up next week.The current move we are in is a new impulse and will be full steam ahead, you have been warned. Get GDR on your watchlist and buy while its this fart low.
Nokia possible impulse wave in the making!Nokia hasnt been looking to good the past couple of years, but this all could change very fast.
with the upcomming Q3 earnings release coming up this thursday and alot new 5G contracts in their pocket this could be the start of a big impulse wave up.
fundamentals:
# march 2015 can be seen as the beginning of a HUGE descending triangle with a fake bearish break out starting at september 2019. Nokia is currently being traded at that so important level and needs to be taken in order for this lookout to become truth. after that the level to watch is 4.3 as this would confirm the bullish breakout of the triangle. NOTE: descending triangles are normally bullish patterns, but trade carefully as their are some huge levels to conquer.
# Nokia has been a big factor in the 5G industry with over 125 contracts concerning 5G, with the expectations of 5G becoming bigger and bigger this would logically push nokia's shares higher and higher.
# the chart shows that the fibbonaci level 0.786 drawn from our last H/L was accepted as a support level (currently being traded in the golden pocket area which i didnt draw to clear the chart a bit )
If we manage to break the golden pocket area upwards these are the level to watch and possibly take profit:
TP 1: 4.30
TP 2: 4.97
TP 3: 6.59
TP 4: 7.82
TP 5: 8.45
Stop-Loss : between 3.2 - 2.7
Dont over leverage!
Trade safely and do your Risk Management !
Give a follow and a like if u liked my analyse on nokia!
Dow Jones Elliott WaveIf the economy needs stimulus this bad, then the health of it isn't good.
Earlier today, President Trump said he wanted efforts placed on the Supreme Court justice in lieu of hammering out a stimulus plan. Stock fell hard.
Two weeks ago, I shared an Elliott wave chart that suggested a hard fall in $DJI could be coming soon.
My wave labels are slightly different from that day, but the spirit of the message is the same. US stocks could be on the forefront of a hard fall in a wave 3 lower.
I anticipate $DJI falling to $22,000-24,000. From there, the models diverge. The primary count suggests deeper cuts below the March 2020 low. An alternate count suggests a bounce in the $22-24k range en route to new highs.
Dollar Index (DXY) is not out of the wood yet (Elliott Wave)DXY has room to run higher. The Elliott wave pattern suggests we are in a third of a third higher . If so, then DXY should continue a trend towards strength.
There is an orange trendline formed over calendar year 2020 in the way. Breaking above the orange trend line is a sign of strength.
Failure at the orange trend line or failure below 93.33 will bring into question this third of third wave (in Elliott wave speak...third of a third is typically the longest and strongest wave).
If DXY fails at the orange trend line, then we may have to consider this an A-B-C corrective bounce opening the door to new lows. (Alternate count)
SEE roadmap - buying this breakoutI expect a substantial move on Seeing Machines this week and in the next months ahead. With the recent RNS the company just entered into a new market of OMS which they are already dominating. SEE is way over conservative in their market share projections. 23% in their OMS figures and 30% in DMS. House broker`s old target is 7.2 on the DMS auto market only with the 30% auto market share. Add OMS 1,5 billion market (23% of it targets to 7.2p itself), add cash generating fleet not included, add Aviation industry potential, add the value of the IP in chips and mobile tech and the wide variety of market application. Conservative target should be anywhere between 30p-£1. A real gem to buy at this price and hold for a short-mid-long term.
My ltf roadmap is also very conservative. There is no doubt the move up to 4.9 was impulsive, and that we have finished correcting here in value and time. The move up is a wave 3 as well, and my target to reach 7-10p in the next weeks ahead is only a x1.6 extension of wave 1. This can over extend easily. Also wave 5 is double topping at 10p, very conservative assuming it will just truncate. The whole structure is a bigger ABC also a conservative approach not assuming it is impulsive overall yet, A wave will finish anywhere above 10p. Then we will see how it develops and whether a new roadmap is needed to target £1.
Don`t need much convincing that these prices are way too cheap for the development ahead of Seeing Machines.
Silver Sets To Complete A Five-wave Impulse PatternKindly support this analysis with your likes and comments!
The Silver 4 hourly chart reveals an incomplete Elliot Wave impulse sequence from wave (b) high on the chart. It's labeled i-ii-iii-iv-v. Wave iii is the longest wave and its sub-wave of wave iii is also visible.
According to EW theory, once the corrective phase in wave iv is completed an impulse move will follow it in wave v . In Silver's case, the correction unfolded as a double zigzag and also terminated around 50% Fib level. Yesterday daily price action also close as a bearish engulfing bar.
With all the confluence, we can expect Silver to head lower in the short-term. The setup will be considered invalid if the red line on the chart is breached.
What's your view on Silver? Let me know in the comment!
Good luck on the chart,
Veejahbee.
EURGBP for heading for it's third impulsive move to the downsideI can see that price is heading back up to that institutional 4H opening, my analysis shows that the major players in the market wants to
mitigate their positions before pushing it back to the downside to take out some liquidity below 0.90234 level.
One more drop and Beginning of UptrendWave 4 is included of ABC. Wave C had 5 waves and right now we are going to start the impulse wave which is Wave 5.
My expectation for trend reversal is around 36.9~ 36.63
For those traders have Hedge on OIL should be careful during closing your position. The best method is closing with small amounts such as 0.02 and decreasing from your hedging volume.
Best wishes
EW Analysis: GBPAUD In The Corrective PhaseHello traders!
GBPAUD is clearly bearish, as we see a sharp fall in impulsive price activity down from 2.085 high. We are tracking a so-called impulse, a move that is structured by five waves, where two of them are corrections. Now, we are tracking a wave 4 correction which started at 1.768 level, and it can climb a little higher as corrections are made by three waves a-b-c, before pair can look for strong resistance and a bearish resumption into a wave 5.
"A wave 4 correction can unfold as a simple zig-zag, which seems to be the best possible scenario, unless it turns out to be a flat, a triangle, or a more complex w-x-y move."
Resistance for a wave 4 correction can be at Fib. Ratio of 38.2 that comes in at 1.88/1.90 level, so watch that area as a potential resistance, especially around the previous wave "i" swing low a lesser degree. As such, there is room for slightly more upside before downtrend may resume.
Be humble and trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Where will the Bitcoin adjustment wave come from? #Wave shiftBINANCE:BTCUSDT
Hello, this is Luffy.
Today, I’m going to upload two of the wave perspectives I see.
This is the first point of view I see now. As shown in the picture above, wave 3 is currently in progress, and now it is considered to be in the position of wave 1 of the 3 waves.
First of all, let’s talk about why I did not count from $3000 and counted from $4000 for the first time.
The point of view is that the 3-2 wave cannot penetrate the lower trend line when it goes up 3 par after taking the first wave bottom and the second wave bottom. I counted it like this because it is a perspective that sees that if it penetrates, it is in the second wave again.
The wave-effective point of view is that if the Impulse is to live, it looks like a 3-1 crest point in the late 9400 of Binance.
If you leave here at the closing price and the daily or 12 hour closing price, the impulse wave at the transfer point is considered invalid.
Of course, the 3-1 wave is over now, and the 3-2 wave is in progress, so it can be seen that you can see $10,000 or $9,000.
However, I will tell you how to view the 1st wave in the sofa-dong below.
One more thing to pick up here is the green line, two waves complete, and I'll take a look at the composite flat.
At first, it fell in a zigzag manner, but later I finished it with a flat.
If you look closely, it seems that the 3-3-5 flat fits. I think the TERMINATION has been achieved due to the shortage of the last 5 par.
This is another perspective. It is a view that the first wave is still in progress, and the extension that did not come from the third wave is coming from the fifth wave.
In this case, the 2nd wave adjustment may be larger than expected, so it seems that you need to be careful. It means that it has not yet been properly adjusted.
This is the short-term wave I see from the perspective of the sofa-dong, which is currently in wave 3-1. Considering that there was an extended wave from wave 3, it came out in the short term.
Then it becomes 4 pieces now. However, if the same thing as the 2-wave convergence that I see here comes out, it is considered to be not 4-wave.
Or it becomes the conviction of the 5th wave. So, it is seen as a tuning wave that is very important to look at.
It is a point of view that the condition of the 3-1 wave should be zigzag or flat. Because wave 2 wave 4 wave is considered to be alternating.
It seems to be established if you raise it as it is now or at the 0.382 place.
If it falls below 0.618 and a triangular convergence (triangle pattern) is formed
The 5-1 extension wave is correct.
Is like this.
As long as the 10500 is not broken, the 1-5 impulse wave continues.
This time, it seems to be the key to how the adjustment wave comes out and how it moves at 13k.
It looks like it's a rising market right now, but if you give it from $20,000, it may not be over yet.
I would like to share that there is a canon.
It seems to be rising after the current abc adjustment. It’s more like that because I drilled the 9800 line
I can see it.
But let’s take a look at how it can be transformed when you give it a composite adjustment.
After substituting the value of a value from 20,000 to 3k as the value of x, drawing the harmonics Gartley and Butterfly
The pattern is drawn. However, in the case of including the tail of the Gartley, there is a slight difference in the value of b.
No, because it exceeds 0.618.
Butterfly theory is established. However, the c-value tail exceeds 0.886 and cannot be established.
You can see it.
I think if there is a futures market where short selling is possible, even if the tail price is slightly different
I think it works haha
Here, you can continue flat to 3-3-5 by flat adjustment complex with Gartley.
Or, I think you can continue a flat pattern irregularly with a butterfly.
It seems to be a place to be careful and a place to be careful.