Waves
EURUSD - Long Term Potential Bearish IdeaAs we can see in EURUSD on the weekly timeframe the pair still seems to be in an overall bearish trend. As we can see the pair seems to be in the creation of the fourth wave of the Elliott Wave Theory and can see potential resistance around the 1.09000 area before heading down to create the fifth and final wave of the entire move but we will have to wait for more confirmation as the market continues to build.
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Virgin Galactic, Sir Richard.I reissued the chart and recalculated the quotes into sentiment. Fractal, a series of inputs 1-2, 1-2.
Target 100-1000x, stop at $3 (relative to current monetization/inflation/deflation)
It is necessary to interrupt the top of the 4th wave of the previous formation, put the initial diagonal of the pulses and correction in the form of flat, or a combination.
Follow our channel for updates.
Gold: a harbinger of world cataclysm.While the forecast on small degrees, which is updated here on the 7th of each month, continues to come true, let's talk about the future, not about trading. So, the ending diagonal in a cyclic wave "V" is forming, with the alternative being impulse. These calculations are very similar by the nature of the expected movement, with the only exception that impulse (D) of will not break the historical maximum, and (Y) of of the ending diagonal will do so for sure. Next and before that, everything is identical.
Competent investors, some of whom subscribe to 89WAVES, have been flipping from stocks to paper gold all last year - a strategy that has produced substantial profits or reduced losses in the stock market. And all through this year, that approach will continue to pay off - gold will continue to rise, but now it will probably do so along with stocks.
After the U.S. indices and gold updated to historic highs twice, it will be necessary to get out of speculative assets into gold physical, despite its potential fall in the wave - we watch the quotations of paper gold, and everything else will fall even more strongly.
The end of the wave is the beginning of a global cataclysm that will bury all markets for decades: crypto, stock, debt, paper and commodities and the rest. We will not come to this point before the end of this year - it is necessary to have time to prepare. And I will help you in this, all you need to do is to check the subscription watch new forecasts.
Neo Wave Learner doubtWhat is the difference between projection overlapping and "obviously different in price and/or time" in NEO Wave? In Pre-Constructive Rules of Logic, Rule#1, Condition_b, Paraghraph_4, it states "If part of m2's price range is shared by m0 and m3 is longer and more vertical than ml during a time span equal to (or less than) ml and m(-1) is shorter than ml and m0 and m2 are obviously different in price or time or both and m4 (or m4 through m6) returns to the beginning of ml in a time period 50% of that consumed by ml through m3, a 5th Extension Terminal pattern may have completed with m3; add ":c3" to ml's Structure list."
Here, m0 and m2 should share price range, which means projection overlapping, at the same time, it is mentioned, m0 and m2 should be obviously different in price&/time.
Experts please help..
Also, Mr. Neely mentioned, "m1 is longer than m3" in few other places, does the length means, by means of distance between 2 price points or by means of time distance or should i consider a multiple..
Waves Rally Finally Reached The EndThere is a swelling storm
And I'm caught up in the middle of it all
And it takes control
Of the person that I thought I was
The boy I used to know
But there is a light
In the dark, and I feel its warmth
In my hands and my heart
Why can't I hold on?
It comes and goes in waves
It always does, always does
We watch as our young hearts fade
Into the flood, into the flood
this is having its double top/ blowoff on a day when bitcoin is down badly.
this is indicative that speculators are rotating into waves for one last haven of bullish liquidity.
look for a rapid volume slow-down and price to crawl back down to sub $40 in April
Apple is near key levelsFirst of all, forgive me to draw so much in this chart but AAPL is on fire and we've to take a close look to price movements because we could see awesome opportunities soon.
We all know AAPL, amazing business, great margins but now suffering some issues with production that can lead to some volatility.
In this chart, you can see:
1. A very big historical bullish channel in grey that give us resistance prices in the 100-110$ level.
2. An amazing expanding triangle unfolding with potential price objective at 100-110$ zone. Take care, I'll explain further this price formation and why it could end at 120 or 115$ the movement.
3. The RED danger zone explained in the idea of few days ago. The break of this support led to -7% returns by now.
4. The small downtrend blue line that was our previous idea. We expected a bullish break that never happened, instead we've seen the break of the danger zone support, so our mind is bearish since then in AAPL. (Please see previous idea to understand this in detail).
5. Some blue lines that are major resistances, the lowest one in the 105-110$ zone. Note that this is also the expected zone of 1 and 2.
Expanding triangle explanation
An expanding triangle is a chart pattern that occurs in a trend and is characterized by a series of higher lows and lower highs. This pattern is formed by two trendlines that converge towards each other as the price moves in a wide range. The upper trendline represents resistance and the lower trendline represents support.
As the price approaches the apex of the triangle, it becomes increasingly volatile, and a breakout is likely to occur. If the price breaks out to the upside, it is a bullish sign and may indicate that the trend will continue higher. If the price breaks out to the downside, it is a bearish sign and may indicate that the trend will reverse.
The consequences of an expanding triangle in the market depend on the direction of the breakout and the strength of the trend leading up to the pattern. If the breakout is strong and the trend is bullish, it may lead to further price increases. If the breakout is weak and the trend is bearish, it may lead to a reversal or consolidation in the price.
By now, we see a wave 3 which is 1,618 times the first wave. We expect a wave 5 which could be 1,618 times the wave 3, this would move the price to 110$, again this zone... Take care, by now wave 5 is slightly more than 100% of wave 3, so the triangle could end at any time, but for us makes sense to wait for lower prices to have a better risk reward ratio.
Ahead we have 120$ and 115$ levels which are also important previous supports and resistances and could lead to some bounces or eventually to the end of the pattern. Let's keep watching!
Worst case
If the price loses the 105$ level, we have no historical volume until 80$ so a crash could happen easily. Anyway, the 105-110$ zone is strong enough to believe that demand will appear there and the expanding triangle could then be confirmed.