Now we see Tesla forming a flat correction where b is weak. We have S/R zone around 780-790 Once the price finish forming c we would expect a big bullish reversal to make (c) to complete this flat correction in the supercycle *Stochastic in weekly is in an overbought zone (close to making a hidden bearish divergence signal at red dashed line) So if the...
Convergence confirms it's not the last cycle of this bearish momentum. We would expect the price makes a correction or rebound back to SR lines before continue bearish move
In super cycle there is a potential for ZOOM that it could be impulsive waves where we see the (I) wave and followed by double Corrections (II) and now since the price breaks the trendline, I assume this bearish move of flat correction might have ended and expecting the third wave which will be a strong bullish. I have a daily support line around 331 and 329 The...
In TFWEEK the AJ still moving in a downtrend After this correction ends we would expect another bearish move onto weekly support around 76.55 CCI is about to show hidden bearish divergence (where price makes LH, CCI makes HH)
In TFDAY the price moves in a downtrend where MACD doesn't show a reversal signal yet After this correction has ended we would expect the price to continue moving in bearish Short around 0.92083 / 0.91945 After the price breaks trendline
We have a strong support line at 137.05 In TF2H, MACD shows divergence signal 2 times, I'm expecting to see the actual reversal at the third time which correspond with our support line if that happened I will buy at the dip after the price makes bullish moves, whenever that is.
From the way it looks I assume that now the trending impulse waves had ended where we have 5th wave failure followed by a big gap. If on Monday, the price rebound back and couldn't past 333.17 or 3335.71 I will find an opportunity to go short on Amazon
Seems like CBK is forming another correction in cycle where now it's short of ((E)) to make this expanding flat completed. When the market opens I'm expecting the price will retest the down trendline again before continue bullish movement to make ((E)). That way I will have the most advantages to open buy order.
I want to see 2 more monowaves to confirm that that there will be another a-b-c corection after x has established And if that the case, we could expect another bullish move to be II in supercycle
Looks like Bitcoin is forming leading diagonal where 5th wave will end soon. if that the case we might have a chance to go short if 5th wave cycle ended or when the price break from triangle
In TFWEEK, GBPCHF is having bearish momentum in this channel line. We spot a false break along with price rejection many times. I'll try to buy it at 1.27400 if possible (blue line)
1st TP 1.85321
In supercycle, BABA formed (I) and there's still ongoing (II). We could expect a terminal impulse wave from (c) where each move can be subdivided into 3 waves. If that the case, buying zone would be around 201-207 when the price drop lower. However, we must use CCI/STO to confirm bearish divergence.
BIDU could go down lower than 177.11 to complete this zigzag correction. There's a bearish divergence spotted in CCI but it might only show that this downtrend is getting weak. Once the price is lower than 117.11. I Will look for bearish divergence again and find an opportunity to open a long position
This is bearish momentum caused by III corrections in cycle level. A long TP I'm aiming for is 74.435 which is 50% retracement in IV. Ideally, wait for the price to retrace back to 77.300-77.400 and then go short from there
Spot an impulse wave for NZD/JPY. Bullish convergence confirms III has formed which is 161.8% of I. Now I'm expecting IV retracing lower than 84.461 but not past 82.020. (I territory) to satisfy Elliott's rule. Would go buy around 84-82
EGBP forms double top before continue going down? If that's the case, the price will go past 0.84909
Spot a flat correction in this cycle where c has not ended. If the price couldn't go past 1.082, those three yellow lines could be its targets before c ended. And then Imma go long from there once the price reached its target.