GioThaKingo

GioThaKingo Mar 29, 2022

Recap : Pitchfork - Played very well as you can see how many times PA played around the "Centre Line" before break above Indicators : We are still in a Trend lining down divergence from the "Ewo and Rsi" , we are above the 200 Daily MA On the chart is what we can expect from my proposed count. Feed back : Could we dip a little earlier ,yes the only thing it...

GioThaKingo Mar 24, 2022

AMD Elliott Wave Analysis --- Pattern : Regular Flat Targets : #1- (0.786 -0.854) #2 - ("1") The reason for these targets : - (Weekly 50 MA) - Quarterly , Weekly Pivots - Algo Retracements - Lower Degree Parallel (Green) Reasons for why not a "Triangle" : - I don't think its a "Triangle Because of Volume" , also because it seems the "RSI" won't...

GioThaKingo Updated  Mar 22, 2022

Two faults on this pattern : Pattern: WXY ( Double Zig-Zag) Probability : Low Probability You'd have to say the "Green Micro C wave" isnt complex , because then you have 2 complex legs which is against rules Feedback if it gets to invalidation point id more rather assume we get a 3 wave which I've had as a probability about a 2 weeks ago. Also just for...

GioThaKingo Mar 21, 2022

Leading diagonal Weaknesses : For this to be the "Reactionary" to a "Leading diagonal" Actionary could be seen as relatively smaller Trade here would be potentially a 3 wave off the "Leading diagonal" Aggressive no take trade : Above .707 of the (B wave)

GioThaKingo Mar 19, 2022

Reasons : Pattern : WXY (Double- Zig Zag) - We have broken the short-term down trend volume _ We are coming very close to a break in the contraction of Trend-lines off the RSI -We have a spike of volume off the Break - The (C) wave has a "Complex Personality" which is common Other confluence = The SPX looks like it could have some further gust up to...

GioThaKingo Updated  Mar 19, 2022

Recap : So although the contracting was invalidated an no trade was taken because its personality never showed. We did meet our goal for the alternate count at (4460-4500) Elliott wave = Useful , but not enough here Imo too much probability telling to the fact I could say this popped out of a (Truncated Bearish Leading diagonal) or we just finished and are...

GioThaKingo Updated  Mar 17, 2022

Reasons for this pattern : Target : Green Zone Probability of pattern : Medium Probability Pattern : WXY (Double Zigzag) Other note : We have "Higher Time frame Bearish Divergence" Pattern reasons : - Rsi has a A -> C wave personality - Volume is indicating we have low volume in the potential "C wave" - We can count an A wave and a potential C wave...

GioThaKingo Mar 12, 2022

Tech idea : (Lower Probability) Pattern idea : WXY Double zig zag has already finished and we are heading towards the "Most common target" for our 3rd wave at (1.618-1.75 extension targets) which in turn is a the start of an "Impulse" Target : Green zone Key Invalidation : Red dashed Line

GioThaKingo Mar 12, 2022

Tech idea : Pattern : Ending diagonal for the C wave Target : Green box Bearish Alternative : This is the start of a 1st and 2nd wave down

GioThaKingo Mar 11, 2022

Tech idea : Higher probability pattern Pattern : Contracting triangle for the (B reactive wave of this Zigzag of the higher degree (WXY Double Zig-Zag) Target : Green box and more broadly the "White Zone" Personality : Low volume /// Contracting trendlines

GioThaKingo Mar 7, 2022

Read!!!! Alternate Count if we can't hold the previous low Target Area --->>>>> (White zone) : 1. Algo Target 2 .Pivot points 3. Parallels Meet 4. Prior structure of a "Lower Degree 4th wave" 5. Fibonacci from the pivots of 2nd wave ---> 4th wave 6. Measured Move "Golden Zone" 7. Time Extension "1-1.272" 8. Extension from W ---> X ----> Y...

GioThaKingo Mar 4, 2022

Now this here is an (ABC Z-Z family pattern) which means we would have a "Flat" for the b wave of the zigzag and we continue with a "5 wave impulse" up into the "1" - "1.272" extension as those are the most common into the (C wave). Now again take it with a grain of salt because as we see the the "A wave" looks more content as a ( 3 wave).

GioThaKingo Mar 4, 2022

This is a "Bear market flat" and again take it with a grain a salt as still bears have control for the time being as this is a (Low prob. pattern) now but may come more into probability later on.

GioThaKingo Mar 4, 2022

This my Elliott wave analysis chart for $AMD as is for now. Enjoy if you have any question let me know in the comment section down below : 0

GioThaKingo Mar 3, 2022

Reasons Why this is Strong Resistance 1: Algo Zone 2. Prior Structure 3 : Strong Pivot "White Horizontal Line" all the way up to "Tri-Yearly" 4: Trend line from our "All Time High" 5 : Strong Volume Nodes on the Volume Profile 6 : Pitchfork Median 7 : 50 MA from the Weekly Timeframe

GioThaKingo Feb 26, 2022

Reasons : 1.Volume Node 2.Pivot points 3.Elliott count 4.Divergence on (Daily,Weekly) 5. "1" extension Hit on "Log scale" 6. Trend Line Wise we are close to an "APEX" Would want to see it break out of its 'Parallel Downtrend" and make a Higher High and Higher Low with volume pushing with price. Obviously we would also need Btc paving the way

GioThaKingo Feb 22, 2022

Tech Idea : Wave 2 : Shallow Wave 3 : Just above the "1" extension Wave 4 : Projected common Retracement (0.382 -0.5) Alternation : Wave 2 (Regular Flat -Sideways) /// Wave 4 : Projected (Sharp Double zigzag). Strengths : Alternation , would be at the lower degree "4th waves" where we could find support, we are also at an area with "High Volume" . We...

GioThaKingo Feb 22, 2022

Summary : In This scenario we would more bearish and could bring us towards the 3000's if this is the count . Channeling : Base channel : Had the right slope Temp : Not the best but we did come over the median Final channel : Broken below Strengths : We had Alternation. Wave 5 had a distinct reaction at the extension from (0-1-4) at the "0.382". We have...