ElliottWaveBelgium

ElliottWaveBelgium Updated 

If this count count is correct, we should see a reversal in the next few sessions and definitely not go below 2800. A sharp move up above 2990 would be a good indication that we'll go higher one more time ! If price continues to go lower though, especially below 2800, then we need to consider that we might just have started a bearish trend. For those not...

ElliottWaveBelgium Updated 

We got a perfect A=C correction here wich stopped at 1460 and we are now seeing a big bullish candle due to a very bad ISM Manufacturing PMI. This could be the start of a new bullish trend but it's best to have a 5 waves move up first before making such statement. If we see price reverse and go lower, then we can consider the correction is ongoing.

ElliottWaveBelgium Updated 

Our first attempt to short this one was a Failure as we were only in wave 4. Now we are at a important resistance zone and could see a reversal in the coming hours. A move below 9898 would increase the odds of a continued bearish move. The beginning of this diagonal is a good first target zone.

ElliottWaveBelgium Updated 

Expecting a bearish reversal very soon here. The higher time frame count suggests that we should see a sharp reversal lower as potential wave 3 or wave C. But because we have a nice round base here, this could become a Cup and Handle pattern which is bullish! In that case, we should see price retrace around half of this move up before reversing higher. Key to...

ElliottWaveBelgium Updated 

We've been tracking this pair for 2 weeks now and looks like it's finally Breaking out of this choppy correction! If price goes above 1.3310, the odds of a continuation higher would increase. If we see a reversal and price goes below invalidation level, then the count is negated. A move below 1.3210 would be a first indication that we could see new lows!

ElliottWaveBelgium Updated 

We are at a first resistance zone from where we could see price go lower one more time to around 7500 as first support. Next level of resistance is around 8700. Check previous Bitcoin posts for longer term view.

ElliottWaveBelgium Updated 

Since december 2018 Roku has been in a clear impulsive wave that topped at 175 and made a sharp reversal. This correction has more the caracteristics of an impulsive wave than a correction, so, I suspect this to be only the first leg, wave A, of the overall correction. For now we can count 3 waves which means we should see a small pullback for wave (iv)...

ElliottWaveBelgium Updated 

Don't freak out, let other do that !!! Set money aside and get ready to buy because we'll see a huge rise once this correction ends !!! We're in the last moments of this correction I've been talking about for quiet some time now (see previous posts) Key levels here will be : 8120 which is the 100% projection of C vs A. ...

ElliottWaveBelgium Updated 

We got a clear impulsive wave that ended at 1.0850. Now should have started a down move that depending if previous impulse is wave A of Y or just a wave C will see different targets. If it's a wave C then we should see an immpulsive wave making a new low. If it's wave A then we'll see at least a 3 waves correction that should stop ideally at the 61.8%...

ElliottWaveBelgium Updated 

We're already in with my premium subscribers but you can still get in on pullbacks. 6255 can be used as stop or 6237 as a more conservative one.

ElliottWaveBelgium Updated 

We got a somewhat impulsive wave down as potential wave A/1 and stayed in this range since last Week. I think this correction is not yet over and we should see one more push higher first before considering to short this. Resistance can be found around 1530.

ElliottWaveBelgium Updated 

We got a 5 waves rise followed now by a 3 waves correction. This means we should go higher here as long as the 78.6% retracement level holds. I suspect this rise to be only temporary though with resistance around 11.200.

ElliottWaveBelgium Updated 

We are in an impulsive wave higher here, currently in wave red wave '((iv)). Ideally I'd like the 38.2% retracement level touched by this move down. Right now the move is a bit too sharp to be all of wave 4 which means we could go down a bit more or stay sideways in a triangle pattern. But the bias remains bullish nonetheless. For this count to remain valid,...

ElliottWaveBelgium Updated 

We're in a impulsive rally highern currently started wave 5. There are no signs of exhaustion for now so, bullish bias remains intact. Once 5 waves are in, we can expect a pullback that ideally should be around half of this current rise.

ElliottWaveBelgium Updated 

I am considering two options here for now. One of which is this leading diagonal that might have topped at 1.3310. A deep pullback should then follow ideally going down to the 61.8% retracement level and bouncing. If price goes below and touches the invalidation level, we need then to reasses the situation.

ElliottWaveBelgium Updated 

Made a spike down but retraced it just as fast and is now going up, for the last time hopefully. Ideal retracement zone is the 61.8% level but we could see it turn a bit sooner, around 9.039. As you can see, the 38.2% retracement level has been hit, which is the minimum required. So, if we see price go down right away, the count still remains a valid one. If...

ElliottWaveBelgium Updated 

Oil is somewhat of a pain in the a** right now as there are 2 big possibilities … Either big move up right now or a big drop that will kill positions of all those who bought at highest possible price after the Saudi Attack this weekend. For today, as shared with my members 2days ago, we should see at least a 3 waves rise, stopping around the 61.8% retracement...

ElliottWaveBelgium Updated 

We should have finished an ending diagonal wave ((c)) of B and are going lower now for wave C which could take us down to 96 and lower. If price makes a new high, we need to make a new count but it shouldn't be much different than current one.