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Impulsewave

Gold Approaching Multi-Year Top? | Elliott Wave | Jeremy WagnerThis recent surge in gold may be the finishing touches on a 4+ year up trend. Gold appears to be in an ending waves at multiple degrees of trend. Perhaps gold taps the upper end of this channel, but it doesn't have to. After this impulse wave completes, a very large correction may take over. This correction may coincide with US Dollar strength. Look for the yellow channel to break to be evidence of a top. A move below $1740 is another piece of evidence of a major top for gold prices. Finally, below $1669 may be the nail in the coffin for gold suggesting a full retracement of the 4+ year uptrend back to $1,000.
OANDA:XAUUSDShort
by JWagnerFXTrader
TikTok Hype - Dogecoin EXPLOSION? Selling Points and Resistance DOGE COIN TikTok Hype EXPLOSION - Selling Points and Resistance Lines TikTok, a popular app with over 2 billion young users is hyping up DOGE Coin and the videos are trending as of now. Their goal is to get Dogecoin BINANCE:DOGEBTC to $1.00. As of July 8th 2020 at 12:01 AM, Dogecoin stands at 0.00417005 USD (4/1000th of a dollar) and has risen 118% in the last 1.5 days alone. This will most likely follow the standard #impulsewave 12345-ABC structure. BINANCE:DOGEUSD This is going to result in a short term explosion and will most likeley crash back down to around 0.0024 USD, as good ole $DOGE always does. No worries, hype trains are fun to ride, and TikTok is more powerful than any of us realize! We'll see if these kids can do the impossible (but is it impossible though?) If Doge goes to $1, I'll have to buy the Dogecoin Lambo. JOKES ASIDE --- This exposure is great for the cryptocurrency Market and adoption as a whole. Millions of new users will be introduced to the world of investing and cryptocurrency. DISCLAIMER Please beware of hype trends like this. If you know how to invest and have knowledge and experience with impulse waves, go ahead. However, I am no financial advisor. If you don't know what you're doing, I do not suggest investing/trading Doge. If you are experienced, invest at your own risk! #tiktok #impulsewave #kids #2020 #investing #doge #dogecoin #shitcoin #DOGEUSD #hype #hypetrain
BITTREX:DOGEUSD
by tomchristian96
Is Bitcoin Getting Ready to Dump? | Elliott Wave | Jeremy WagnerEarlier in June, I laid out an Elliott Wave count for Bitcoin which proposed a correction deeper to 5500-7000. Zooming in on an intraday chart, it appears as though Bitcoin is getting ready to dump to 8,000 and possibly lower. Bitcoin has been adhering to the mid-line of a longer term price channel (yellow dotted line). It has decisively fallen below this line in an Elliott wave impulse pattern. This suggests we may get a little bump higher, but the pump (or shall I say dump) is primed. The lower support line of the price channel and horizontal support crosses near 8,000. There are wave relationships showing up in the 8,000 area as well. Should we see a dump in price, a short term reaction should take place near 8,000. Cheers!
BITFINEX:BTCUSDShort
by JWagnerFXTrader
ETHUSD 15% Correction | Elliott Wave | Jeremy WagnerEther is primed for at least a 15% correction. After a completed impulse wave, I am anticipating a corrective structure down to $150-$200. This would represent a 15-35% correction depending on how deep into the box it corrects. Longer term HODL'ers will have an good opportunity to buy at these lower levels. Of course, no guarantees this will happen. I'm using Elliott Wave as a frame work for determining market trends and hot spots for my crypto friends.
BITFINEX:ETHUSDShort
by JWagnerFXTrader
1
Waiting for a rising bottomIn the 'coming bedtime for GBP' - related idea, I have expected an upside pressure which is here. 'Near the resistance' - idea, I forecasted a stop in the rising. EURGBP has been moving sideways from that time and the q. is what's next. Although it trades above wave B with five-wave impulse, but the structure seems complete, that's why I expect to see a declining correction which should be high low around 0.8925, on the other hand, if trade below 0.8860 then the 0.88 could serve a good support zone. Wait for the signs
by MoodandMarkets
GBPUSD Elliott Wave | Short | Jeremy WagnerChart on the left suggests we are in wave iv of C (ending diagonal)...one more dip lower to retest today's low to finish off the bearish sequence then we may see a strong rally. The chart on the right is a more traditional impulse and is one wave slower...so two more dips lower to finish off C then a strong rally. Trend lines support a hold below the April 7 low. If you are learning Elliott Wave, I'd appreciate any questions you have so it makes sense for you. Cheers! Jeremy
Short
by JWagnerFXTrader
6