$BTC 👀 – 07/28/2022 | Breakdown of Latest/Current #Impulse (Rally) 🎯 - 📸 🚨 📌 #Price must at least close below the 0.236 (or 23.6%) Fibonacci level before we can consider Wave i (in blue) complete. Until this happens, we continue to move the Fibonacci to the highest peak to remeasure. 📌 Price made an equal low (or double bottom); this #liquidity (💰 Liquidity💰)...
This is an example of how within one set of waves, smaller fractal waves exist.
$BTC 👀 – 07/27/2022 #Outlook + #MarketRecap - 📸 🚨 📌 Since my first post yesterday, #bitcoin (“price”) did the following: 1) 🎯 Price took out the sitting #liquidity (relatively #equalhighs), 2) 🎯 Price cleared up the previously #imbalance in price action (too many #sellorders and not enough #buyorders to balance the #orderbook), and 3) 🎯 Price almost done...
$BTC 👀 – 07/27/2022 #WaveRecount - 📸 🚨 📌 Let me first say, #ElliotWaveTheory wave counting is #subjective. When rules are invalidated by price action, you simply pick yourself up, brush yourself off, and you revise the wave count (recount) accordingly. 📌In this case, upon release of the #Feds decision to #hike the interest rates by another 0.75 #percentage...
I am expecting Bitcoin to continue it's downward pursuit, as we slowly but surely are making our way to the completion of the corrective wave c (of larger corrective wave B). In the near short-term, I am spotting some institutional points of interest such as #imbalance and #Liquidity. It also appears to be performing another potential ABC Flat Irregular/Expanded...
This is my revised wave count to account for multi wave extensions nested. Bitcoin while completing an ABC Flat (Irregular / Expanded) correction, touched the Golden Zone, and then bounced up to complete Wave C of the Flat. Special Tip: Flats (Irregular / Expanded) are quite common, as they inevitably run stop losses on both sides, and further introduce new...
Possible extension of Wave C (in the minute degree) of within the larger Wave B (in the Minor Degree). Extensions can only occur within Impulse Waves 1,3, & 5, therefore extensions can also occur within Waves A & C of corrections. Extensions, are better known as nested waves. As we know that within Elliott Wave theory rules, Wave 4 cannot overlap with Wave 1....
As of July 23rd, 2022 @ 11:36AM (MST) #Bitcoin is to complete the smaller #fractal #corrective wave 4 (in red) and #impulse wave 5 (in red), within the bigger corrective wave (c) . Once Bitcoin reaches the green #shortterm #buying #accumulation zone, we would expect a #wychoff schematic of #accumulation to take place #signsofweakness, #lastpointofsupport,...
This is my longterm outlook on the currency pair GBP/USD.
These are my current thoughts on the USD. USD Up, Indexes Down USD Down, Indexes Up
This my personal opinion of what I anticipate Bitcoin doing. After completion of Supercycle Impulse Wave (I), we are expecting Supercycle Corrective Wave (II) to complete and bottom out somewhere around the range of $11k to $1k. My analysis consists of Elliot Wave, Institutional Points of Interest, and anything technically relevant.
This is my long-term outlook for Workday's stock. My ideas are driven by Institutional points of interest, Elliott wave theory, Wyckoff schematics, and anything technical related.
This is my future outlook for the Toyota Motor Company.
This is my personal analysis and anticipated trajectory of the Pepsi Co stock.
In my opinion, Amazon has completed (or is about to complete) a full market Supercycle: Impulse Wave (I) and Corrective Wave (II). What I would anticipate would be for Amazon to accumulate during the recession and then emerge out of it with Supercycle Impulse Wave (III).
When performing top down analysis from the D1 Chart down, you’ll notice that GBP/AUD has been in an uptrend. Currently, price has been performing a correction, taking out liquidity, and balancing the order book. The indicated buy zone, represents an institutional point of interest, where price could potentially pause, accumulate, and then reverse to continue the uptrend.