Btcusd may want to retrace to wave IV if wave III completed. Then we can ride the wave to the final wave V to complete major wave 5. Hope the counting is correct. Money management is required to protect capital.
BABA is now in retracement to complete Wave (2). Possible to retrace with an ABC pattern. However, at this moment, only see Wave A of Wave (2). We need to see more waves to confirm the completion of Wave (2).
Gold already completed her wave (III) and is now moving toward wave (IV). As we may see, the wave (II) is a simple correction wave, we may expect the wave (IV) will be a complex retracement, which is WXY, perhaps 5-3-5 waves, but it's too early to say that. Anyway, that is just my 2-cent opinion.
Based on my EW study and if my EW counting is right, BTCUSD will fly higher. If USD is going to crash, then it is possible for BTC to fly high. Same goes to gold. Just my 2 cent opinion. Do you own analysis too friends.
GBPJPY wave 2 (blue circle) is completed. Now she continuing its downtrend to complete wave 3. To enter the trade, it's wise to wait for retracement to a certain level.
Just an analysis with EW. If my EW counting is correct, then USD going to crash.
BTCUSD is in an uptrend in the primary wave. Wave A-minor perhaps completed. I'm looking for a movement to Wave B-minor for scalping. Then looking for a completion of Wave B-minor to scalp to Wave C-minor to complete Wave 2-intermediate. Finally, to swing from Wave 2 to Wave 3.
This is an analysis using MACD with multiples time frame. In weekly chart the MACD is telling the current trend is bullish but in retracement phase. The trend is remain bullish as long as MACD is above zero level.
BTCUSD is still in a bullish trend as the price remains on top of Kumo. The price is developing ABC patterns and moving above Kumo. Entry during retracement is a good idea to have more profits.
In the daily chart, we can see the strong sell for GbpJpy. Other than that, we see many confluences of rejections. Now it's clearly the latest direction following the selling pressure. We need to check the LTF for the best entry zone.
I presume GENETEC is in early stage for more bullish trend. Now she is in retracement zone.
At this moment she is in retracement of an uptrend. Potential buy in the green zone.
BTCUSD breaks the nearest resistance and has potential to continue bullish as long as it stays above Kumo. Good opportunity to buy when there is a retracement. The new target is the nearest resistance above.
Velesto has come to the support zone. A potential zone to collect some of the shares.
Price moves in channel and almost reaches the nearest resistance. He want to see a healthy retracement near the Kijun Sen before we want to decision to buy or not.
Btcusd exit the KUMO. We want to see a pullback so that the can enter long at discounted price. Wait price retrace to Kijun for decision making.
MYEG - Bullish Technically, this stock continues its bullish trend in 2024 from retracement in 2023 and came back to retracement and close at 0.915. Price remains in a bullish channel and stays above Kijun Sen level, which can be considered a healthy bullish trend at this moment. Fundamentally, based on recent reports: - Innovative Services and Blockchain...
TASCO BHD - Retracement Currently in retracement of a bullish trend. Possibly WXY. Stay sideways until we see a bullish trend continuation. If one wants to invest for the long term, it's good to buy at wave Y. On fundamental: TASCO Berhad (Bursa Malaysia: TASCO), the logistics and warehousing services provider. As of recent reports, here’s what’s happening with...