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BTCUSD WAVE AND TREND ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
BITSTAMP:BTCUSDLong
by Sina-TFX
ETHUSD Wave And Trend AnalysisETHUSD Wave And Trend Analysis Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
COINBASE:ETHUSDLong
by Sina-TFX
Short Term Bull Run in Bitcoin, Triangle Pattern Shows PotentialTriangles are great patterns to see on a price chart. They are easy to spot, and provide very clear levels for entry and profit taking. We are currently watching for a short term bullish trade opportunity in Bitcoin. The triangle pattern is complete, and price is currently approaching the key level of 30,735 (the level we will use for entry). We are targeting the area where wave (Y) will equal the length of wave (W) (a very common relationship in Elliott Wave theory) around the 34,000 level. Triangles are also fantastic to trade as the pattern provides a clear level to know when your analysis is wrong. In this case, the red line at 28,639 is our threshold. If this level is broken then we know our current triangle interpretation is wrong, and we can reassess as the market gives us more information. At Parallax, we focus on trading education and wave analysis to build a foundation of skills that give our clients the edge. We trade Crypto, Forex (FX), and equities. We keep our analysis simple, clear, and easy to execute. Comment below if you would like to see more trade ideas, Elliott wave analysis, and market updates
COINBASE:BTCUSDLong
by ImreSG
Berkshire Hathaway - Potential 20% Upside?Is the most famous investor in the modern history and his international conglomerate able to update historic highs before US economy spirals into recession? Let's look at it in more detail. Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years except 2020 Profit margin - not consistent and varies from 10% to 20%, 2021 was with the highest 28% P/E - 8.4x which is considerably lower than the current S&P500 ratio Liabilities - no problems with debt Technical Analysis (Elliott Waves): Following the correction of March 2020 shares of Berkshire Hathaway have enjoyed similar growth cycle as S&P500 with 120% gains This bull run was formed by an impulse where waves 1 to 4 have been completed and wave 5 is currently developing Wave 4 is clearly identifiable as a lengthy and flat Running Correction that lasted between May and November 2021 The final wave of the impulse is quite choppy with lots of crossings which often indicates the development of an Ending Diagonal pattern with a structure of 3-3-3-3-3 If this is the case then waves 1 to 3 have been established and wave 4 is in the process of completion Once this zigzag-like correction is over we can observe another zigzag to update the historic highs and potential gains for investors of 20% What do you think about Berkshire Hathaway and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Thanks
NYSE:BRK.BLong
by vitalalyt
47
Berkshire Hathaway - Fall To Continue?Given the latest sell off it looks like the most famous investment conglomerate Berkshire Hathaway is less likely to reach its former highs in the near future. If so, how deep it may fall? Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years except 2020 Profit margin - not consistent and varies from 10% to 20%, 2021 was with the highest 28% P/E - 8.4x which is considerably lower than the current S&P500 ratio Liabilities - no problems with debt Technical Analysis (Elliott Waves): Following the sharp drop since March 2022 it is very likely that impulse wave that was developing since March 2020 has completed with an Ending Diagonal as fifth wave If so, then we are observing the development of a new global correction which may be quite deep, in the range of $160-$240, and lengthy depending on the market sentiment and materialisation of recession risks Currently we can see formation of Double Zig-Zag, the first one has completed in wave W. Second zig-zag is in progress with fully formed wave A, wave B to follow to the upside into the region of $325-$340 This correction wave X may last until the next earnings report planned for the beginning of August and if it is not going to reach market expectations the shares may drop further Although fundamentals are quite good at this stage of the market cycle, Berkshire is doing reshuffle of its portfolio which may impact these fundamental indicators. Let's see what the next report is going to tell us. What do you think about Berkshire Hathaway and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves . Thanks PS this is an update to the previous idea where the scenario suggested another run to update the highs
NYSE:BRK.B
by vitalalyt
7
NZDCHF: Keep an eye on this up wave!Hey Traders, looks like NZDCHF will be pushing up soon, why are we expecting this up wave? A complex corrective structure is completed and market is ready to push up. So, should you jump in? No, wait for your buy setup and you go for the buy. What if market continue the fall? We will not enter before we get our buy setups. What if you are already in the sell? You take all your profits and look for your buy setups. For us, the structure needs an up move to target liquidity above previous highs, what after that? corrective structure and another push up but let's take it step by step. Even if market wants to continue to the downside, a corrective structure upwards is needed so we will be looking for our buy setups for now anyway. We hope all of you get in few of our previous charts/trades like USDCAD, USOIL, EURCAD, NZDUSD, GBPAUD and made money. If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment. What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals... DO NOT FORGET OUR 4 GOLDEN RULES: 1) Do not over-risk 2) Do not over-trade 3) Do not trade without stop loss 4) Never ever add to losing position Trade with care We Trade Waves Team
Long
by WeTradeWAVES
14
AUDCHF Trade Opportunity; Triangle Pattern Signals More Upside Triangles are an excellent pattern to watch for. They are trend continuation patterns, always occurring before the final move in a larger term wave sequence. Here in AUDCHF we have a very clear triangle pattern, consisting of 5 subwaves, labeled abcde. Each of the five subwaves further breaks down into a 3 wave pattern, labeled (a)(b)(c). This is a perfect example of a pattern that is in-line with the Elliott Wave model. We are watching for a break of the green line at 0.7025 before entering, this level acts as our confirmation. Our invalidation level to watch for this bullish interpretation is the red line at 0.6830 This is why we love Elliott Wave: it provides us with clear ways to identify a pattern, a clear level to enter, as well as a clear level where we know we are wrong. Let us know if you would like to learn more about the Wave principle and how we use it to trade with the odds always in our favor. We focus on trading education and wave analysis to build a foundation of skills that give our clients the edge. We trade Crypto, Forex (FX), and equities. We keep our analysis simple, clear, and easy to execute. Comment below if you would like to see more trade ideas, Elliott wave analysis, and market updates
Long
by UnknownUnicorn38964405
1
NASDAQ 100 TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
NASDAQ:NDXLong
by Sina-TFX
Marriott - Opportunity for 50% Short Trade?Given the poor performance of Marriott business in 2020 and 2021 associated with lockdowns and geopolitical risks that may worsen revenue flows is it time to short this stock? Let's look at it in more detail. Fundamental indicators: Revenue and Profits - not consistent long-term earnings growth over the past 10 years, 2020 and 2021 have seen dramatic drop in revenue Profit margin - average 7-9%, but there was profit loss in 2021 P/E - extremely high with 36x ratio Liabilities - historically high debt to equity ratio which may hurt with increasing interest rates Technical Analysis (Elliott Waves): Following the sharp correction of March 2020 shares of Marriott have enjoyed considerable growth. However, this bull run is difficult to associate with an impulse like structure Hence it is more likely to be wave X of a Running Correction Since the peak in April 2022 we can observe an initial impulse developing to the downside which is likely to be wave A of a zigzag, or first wave of an impulse Looking at the lower timeframe we can still expect waves 4 and 5 to complete this impulse before an upward correction Given the next earning report is scheduled for August 2022 and the risks associated with business in Russia it may be possible that this report will be the trigger for sell off What do you think about Marriott and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Thanks
NASDAQ:MARShort
by vitalalyt
2
Potential Bull Run in Bitcoin, Elliott Wave AnalysisBitcoin outlook: We are tracking an ABC flat correction that is nearing completion. We are currently in wave 5 of (C). We are watching for a small bounce, then one last push down to an area of Fibonacci confluence around the $20,000 - $24,00 area. We expect price to reverse at that level, beginning the final bull wave of the larger term wave sequence. We focus on trading education and wave analysis to build a foundation of skills that give our clients the edge. We trade Crypto, Forex (FX), and equities. We keep our analysis simple, clear, and easy to execute. Comment below if you would like to see more trade ideas, Elliott wave analysis, and market updates
COINBASE:BTCUSDLong
by UnknownUnicorn38964405
7
JPM - Short Term Opportunity with 60% Upside?Given the tendency of banks benefitting from the periods when interest rates are rising, is JP Morgan going to provide investors an impressive 60% upside at these turbulent times? Let's look at it in more detail. Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years Profit margin - impressive 31% in 2021 P/E - 8.7x which is considerably lower than the current S&P500 ratio, i.e. very attractive Liabilities - no problems with considering this is a banking sector Technical Analysis (Elliott Waves): Following the correction of March 2020 shares of JPM have been growing but in a very choppy manner which indicates a potential development of an Ending Diagonal pattern Waves 1 to 3 have been already completed and we are observing the shaping of corrective wave 4. It has already entered the space of wave 1 bust just about and it's likely to correct a little deeper Once wave 4 is completed this scenario suggests another zig-zag to the upside before global and very lengthy correction starts, that may last more than 2 years for JPM What do you think about JP Morgan and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Thanks PS Below is the Educational post about Ending Diagonals
NYSE:JPMLong
by vitalalyt
ICE - Short Term Burst Before The Fall Continues?Following the recent sell off in the US market and general nervousness of investors is Intercontinental Exchange Inc attractive for short term gains? Let's look at it in more detail. Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years Profit margin - varies between 25% and 40%, so it is highly efficient company P/E - 13.4x which is considerably lower than the current S&P500 ratio Liabilities - liabilities to assets are within the norm, but debt to equity has been rising for several years and considered to be high Technical Analysis (Elliott Waves): Following the correction of March 2020 shares of ICE have enjoyed explosive growth cycle which is visibly slowing down now And when the fifth wave is forming by a choppy movement in price it is very likely to be an Ending Diagonal, in this case Expanding one It is likely that wave 4 has completed and we can expect another zig-zag to the upside to update the historic high of $139 Alternative Scenario: one of the risks with this scenario is the exceeding depth of wave 4 so as an alternative it is possible that the whole wave 5 has already completed, let's see how things develop What do you think about ICE and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Thanks PS Below is the Educational post about Ending Diagonals
NYSE:ICELong
by vitalalyt
1
Elliott Waves - How to Identify Ending Diagonal?Why is it critical to be able to identify Ending Diagonal waves - because normally their completion is followed by the reversal of trend and in some cases with explosive price movements. Above are the general rules for all the internal waves and for different variations of the pattern - Expanding and Contracting Ending Diagonals. Why is Ending Diagonal forming instead of Impulse When in wave 5 - usually it occurs at the end of a growth cycle like we are observing now when the risks of investment (in case of equities) are increasing, and energy of bulls is slowly getting overwhelmed by the strength of bears, and a rapid reversal happens with some trigger point - Covid in 2020 When in wave C of zig-zag - similar but in reverse, the energy of bears is weakening when forming a correction and bulls are taking over and a new growth cycle begins It is important to note though that with great potential gains for investors, Ending Diagonal can be confused in some cases with complex corrections so traders need to be careful and considering only those cases where there is a very clear structure of waves. Here are few examples from the real equities to see the different types of this extremely important wave structure. Booking Holdings - an Expanding Ending Diagonal has been forming since the crash of the great financial crisis and with the current poor fundamentals the upcoming correction may be very deep Tesla - just recently a lengthy Running Flat correction has completed with an Ending Diagonal in wave C (although it is still risky to assume this scenario given fundamental risks) Amazon - the historic high in July 2021 was completed by an Ending Diagonal and notice how deeply it has corrected since then And here are few examples where an Ending Diagonal is potentially developing: Berkshire Hathaway - waves 1 to 4 have been formed and we are awaiting the final zig-zag of wave 5 AMD - after forming historic high the price has been correcting with ABC pattern and potential Ending Diagonal in wave C HP - waves 1 to 4 of a global impulse have been formed and it is noticeable how choppy is the movement in the final wave 5 which is likely to be an Ending Diagonal MA - similar situation as in HP Thank you for reading my post. Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves.
Education
by vitalalyt
Tesla - Hype Continues with Potential 70% Upside?When there is hysteria in the market, sky-rocketing inflation, geopolitical risks and the slowdown of the economy can Tesla still update its historic high before global correction? Fundamental indicators: Revenue and Profits - quarterly earnings are beating wall street expectations Profit margin - getting into double digits with 17% however it's nowhere near enough effective with the current P/E P/E - outrageously high ratio of 92x but down from 953x back in December 2020 Liabilities - no problems with debt Technical Analysis (Elliott Waves): Since the fall of 2020 Tesla has enjoyed enormous 1600% increase in share price - no one can deny that it's a bubble of extreme proportions The crux of the Elliott Wave count is the movement between January 2021 and February 2022 - in this scenario a Running Flat is proposed as wave 4 with Ending Diagonal in wave C As one of the options, fifth wave may be quite rapid with a target to complete before the next report in July 2022 What do you think about this scenario on Tesla ? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Thanks This is an update to the previous idea and specifically to the global wave 4 as a Running Flat
NASDAQ:TSLALong
by vitalalyt
4
DOTUSD WAVE AND TREND ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
Long
by Sina-TFX
SPX WAVE AND TREND ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
SP:SPXShort
by Sina-TFX
2
NASDAQ INDEX TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
NASDAQ:IXICShort
by Sina-TFX
1
PEPSICO TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
NASDAQ:PEPShort
by Sina-TFX
NIKE WAVE AND TREND ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
NYSE:NKEShort
by Sina-TFX