Bl4ckmonday161

Bl4ckmonday161

We can use this yellow line as a supporting line as it's shown significant price actions in the past. 0.67 could be a good position to open an order. If the market opens and the price goes down to this level I will open a long order. What I'm afraid is the price will make a large gap going up or start with a huge bullish candle when the market opens because...

Bl4ckmonday161

CVW could go down to complete the 5th wave in (c) Those 3 Fibonacci targets are from the length of I

Bl4ckmonday161

Now we're looking at QCOM in the weekly chart (primary wave degree) where III has not ended yet. There's still ongoing ④ (zigzag) that could go down to 100usd or lower. If that's the case, I'll find an opportunity to play long there

Bl4ckmonday161

In a big picture (supercycle), you see (v) has ended and formed a Flat correction where (c) has not ended. Zone ~ 112 the price has formed double tops and false break (MACD showed bullish divergence as well) so we can use 112.86 as a supporting line for our short. 69.35 can be a good first target point because there's likely that this downtrend might have a 5th...

Bl4ckmonday161

Briefly looked at a graph of easyJet, and this is what I found. If the price cannot go above 1096.34, It could be a good sign for short and aim for ~490 as a first target.

Bl4ckmonday161 Updated 

In the past few months, BTC has formed a terminal impulse wave where w.4 retrace to an area of w.1. I have labeled all the waves in the diagonal line and looks like the bullish cycle has ended. Now according to the rule of a terminal impulse wave, the price should retrace back at least to the start of w.1 of diagonal, and that is ~28958. What is your thought?

Bl4ckmonday161 Updated 

ETHEREUM in Supercycle showed a Running flat correction in (II). So we can expect an extended (III) ended around 4646.95 (161.8% of (I) as a first target or higher. According to wave counts, the cycle of III has not ended yet so there's a tendency for an ongoing bullish movement.

Bl4ckmonday161 Updated 

"TRON could be forming an extended wave (5) where the price will break all-time high" Now we're looking at TRON in supercycle where the price is now moving in V which the cycle has not ended. We see a leading diagonal in (1), Irregular flat in (2), and not extended (3) ~100% of (1). So far the price didn't break any trending impulse rules yet, so we can expect...

Bl4ckmonday161 Updated 

After 3 has formed a double zigzag where it has ended with ending diagonal and bearish divergence signal. Now the price could go up to 520 or higher if it's not a 5th wave failure and we can use Fibonacci lines as a target.

Bl4ckmonday161

Now we see AAPL at this terminal impulse waves of wave 5 in a supercycle. There is a chance that the price will move up to 139 / 145 or even higher but not higher than 100% of (w.3) Once the cycle in this terminal impulse wave is completed. The price will make a huge drop where I would set my TP point according to the pictures