bitcoin completed a huge wolfe wave on weekly time frame bitcoin completed a huge wolfe wave on weekly time frame (drawn with a pink line) as suggested earlier by a friend @BenGhann
now coin is on the weekly 200 ema but there is no sign of reversal
we should wait in the sweet zone for any reversal pattern or divergence of MACD or ichimikou signs
any comments please share
regards
kian
Wolfe Wave
bouncing ahead for xrp with two scenarios two scenarios is depicted on the chart with red arrows or pale blue arrows depending on the bouncing of this coin
each scenario is associated with a completing a wolfe wave
we are waiting for further move of this coin to know which scenarios is more probable
MACD divergence ,reversal pattern including double bottom etc ,ichimikou pattern and trendline hold /break will be determinant
any comments please share
tnx
copper is heavily bearishcopper is heavily bearish toward 3.6 and then 2.5 USD/lb
a clear and powerful divergence of MACD on Weekly time frame indicating solid bearish move
there is support area near 3.6 including weekly ema200 and trendlines specified our first tp
for second tp we see ichimikou and there is monthly flat kijensen is telling us that copper will be headed toward south for second tp around 2.5
any comments please share
waiting to get confirmation for long positioncoin is getting out from its channel and consolidating between ema200 and trendline .strong support area is seen below the coin price which is indicating a good factor considered for bullish move .
targets are wolfe waves targets shown on the chart and also are flat ks of ichimikou
first target is 0.28 and sencond is 0.477
any comments please share
tnx
long toward 8200index is going up in a channel to complete target of previous wolfe wave formed earlier ,so we believe that index will go upward toward 8200 and if this happened there would be a chance of completion of a huge wolfe wave on monthly time frame which results in downward move toward 5800
any comments please share
tnx
long toward 175we think that a pullback toward neck of double bottom required before going long so we are waiting for more downward move before going long
this channel that price is going upward inside it is not wolfe wave as i think because the structure of wolfe wave is not seen within
any comments please share
tnx
EUR/GBPthere's a nicely shaped WOLFE WAVE and inside of it we have a butterfly harmonic pattern and an inverted pin bar on the daily time frame there are a lot of short signals
you can enter a short position with the market opening or if you want to short more safely wait for the bullish trend line to break on the hourly frame and enter with the retest
the stop loss is 0.86
and the target is to touch the EPA
103.5 is crucial103.5 is crucial for DXY ,if index manage to break this level ,then its upward move will be continued toward 120
if not,index will go downward toward 100 before its upward move toward 120
a nice wolfe wave pattern is seen on monthly time frame and ichimikou KJ and TK crossed and now in a waiting position ,this waiting position is informing us for possible downward move toward 100 but all depends on breaking 103.5 or not
any comments please share
tnx
Don’t bite the bait. Time is money. This is a case of comparative advantage. Which means the less time it takes the coin to produce oil or energy, maybe even transactions. All will go down and then pop back up, much like a sinking ship.
Within the next 5 hours, an entry point will be present. It’s time to glean for Q2, because after this the prices will hit an all time high and then go back down until July. A lot will assume now is too soon, but yesterdays price isn’t todays price.
However, the cup and handle has presented its self. Now the next sign of equilibrium the price will make will be like a Nike check. Or a Wolfe wave. The eagle has left the nest.
2. API CRUDE OIL U.S.: anything under 5 is a sink. Forecast is in the -1.0 range.
TOTAL VEHICLE CAR SALES: Elon and Twitter
Don’t hire the bait just yet.