Looks like finishing a 3EW here at 3585. Follow-thru selling possible 10/03 but a lift from these LOTY is likely before lower imo. Final dig down likely coming in October after a weak pump. Still room to drop, RSI above 30 even now. Then Happy Halloween!
Prior ABC Ideas closed for blowing through projected pivot; we're dealing with a monster here, not a garden variety correction. Topping formation in Wyckoff distribution. Will sell like Hell, then bounce back into a lower high zone, then sell again... and again. Looks impulsive. We clearly in Three not a C, which should've turned today. Three typically = 1.62 x...
Chart says all. Sell in the band between S/R. not advice, just an idea; GLTA!
Love Matic, love catching a wave. Hopefully this newbie will ride it out and not wipe out!
Apple at its last stand. Third top completed. Divergence pattern.
Resistance H4 at H-LH trendline. Now at 3rd touch. Expecting Lower Low.
Buy $BTC below MA (moving averages), sell high for a profit. Buy Below, Sell High!
As described, here is the updated chart of my 3rd in a 3rd in a 3rd of a single 5 wave motive wave from VDUMPS until now. Notice the 1-2 1-2 1-2 beginning, requiring a concentric 4-5 4-5 4-5 finish. Notice the degree of the 2 major corrections within the inner 3rd, the same degree. And then notice the containing wave 2 and wave 4 of the wave 3 in yellow, of...
Looking for another formation on lower TFs to take the advantage of some few percentages to the upside. More sells will come over at the third bounce of the corrective structure. On 15 Min TF the Flag continuation Pattern is broken, moving to the upside.
As the title suggests, here is the updated chart of my third of a third of a third elliot wave hypothesis. Expect a near vertical rally from todays low, as we are within a sub-wave3 of the first wave 5 having completed the larger degree wave 4 of the even larger wave 3. Next will be consecutive wave 4 wave 5 wave 4 wave 5 of higher degrees to complete the...
It seems I figured out the turning point, the support zone in the last forecast in EURGBP, but more signs should come. So the support zone held up the EURGBP, and more GBP weakening should come after the price break out upward from the rising channel(0.89 - 0.8950). If the break would happen then I expect to seem a bigger momentum to go and reach 0.9250 - 0.95 or...
eurjpy has fresh demand zone below and also trendline third touch is about to happen. it might go up from the level shown
Volume lessens on rising prices, increases on downdrafts. RSI divergent. Small caps have reached .50 Fibo retrace off September's lower high. SP500 and Dow have a gap to fill down to the 0.50 Fibo. Three-day rally feels like a B wave, chaotic and widely fluctuant. If so, expect C wave down to the gapfill at the breakout point from Cup near 26300/SandP 2942. A...
Risk is terrific for both longs and shorts at this juncture; I am sidelined, patiently and prudently waiting. In a previous idea I hypothesized a double bottom possibly in October. It is possible the markets are grinding out a near-term bottom at this consolidation zone now. Markets hold tenaciously to this consolidation zone beneath ATH. The September pullback...
Terrific rally to the 0.786 Fibo; looks like a slamdown at 290 today. We all expected a rally, but this one blew us away. Now we are back in the middle; higher prices but year. Pullback seems imminent; look carefully, however, you may find at least three similar Doji's that fooled us. Cautiously shorting in anticipation of trade and Fed combo worries leading up to...
Company: OVERSTOCK COM INC DEL Quote:$OSTK BT: $20 Second allocation will be between $10-$14 pending how the stock trades this month expecting to be a very bearish April for OSTK ST: $40-$60 (A range nothing ever goes exactly to plan however we believe ultimately we can reach this high this year.) Description: Overstock.com, Inc. operates as an online retailer...
Lets see how this one plays off, high probability trading setup third bounce its in play whit 78.6% fib retrenchment perfectly align
Wabi is still bullish. If the price breaking up the 2 pivot, we wouldn't stop till 4600sat.