StockStork

StockStork

Hello and welcome to my new btc idea. I'm watching the crypto for a long and day by day my picture keep being valid. The interpretation is that we are on a fourth wave right now so we can expect a fifth final wave, that means LONG. If the price will go under C point, so we will have an invalidation point and so a new analysis is required. Until that day, I...

StockStork Updated 

Hello and welcome to my trading idea about EUR/USD. I want to explain to you why I think that EUR will be bullish in the next few days. So, first of all, look at the weekly chart. In this chart, you can see a full 5 waves cycle followed by 3 wave correction (zigzag). So, after a correction, a new impulse starts and we can see that in the new bullish trend...

StockStork

Hello everyone and welcome to my AAPL idea. After a long analysis of this stock, I can conclude that the price will go up in the next weeks and I will explain why. Going to the daily chart, I can see the intermediate impulse (the one labeled with parenthesis) completing the 4th wave and going for the fifth. This third wave is exactly more than 1.618 wave 1...

StockStork Updated 

Hello and welcome to my EUR-USD idea. I will try to expalin everything better i can. So, without any loss of characters, let's start. Weekly situation The first job that we need to accomplish is watching the general situation: the W timeframe. In this way we can realize what is the situation and what we can expect in the future. More, we can see what is...

StockStork Updated 

Hello everyone and welcome to my new ETH idea. The nowdays situation on the crypto market it is not the best. There are too many traders who have failed in the attempt to forecast the price of the cryptos. This because we are in a phase where there is too much uncertainty on cryptos and so istitutional investor keep away from them. This is the foundamnetal...

StockStork

Hello everyone and happy Saturday. I want to give you an update about the #BTC situation. As I told you in my last idea (the related idea), there were 2 possible scenarios for the evolution of bitcoin. The first was that the zigzag was completed so at the moment we are looking for an impulse. I talk about this WXY pattern: The second idea was that we are in an...

StockStork

Hello and welcome to my trading idea. By analyzing the possible future developments of the BTC / USD pair, I have identified two possible scenarios. Let's go and analyze them. Scenario 1 (Short) In the first scenario, we have what I call the "C Wave" of a flat expanded, as shown in the graph. After the 5-wave impulse which I consider to be the fifth wave...

StockStork

In this article, I want to tell you about diversification and its usefulness. Diversification is the investment practice that consists of investing in various financial instruments, such as assets, with the aim of being able to reduce the riskiness of our portfolio and, ultimately, potential losses. Two types of risk In finance we can distinguish two types...

05:15

StockStork

hello and welcome to my idea. So at this point I'm almost sure that this is a contracting triangle. We know that according to the Elliott’s theory, a contracting triangle always precede the last actionary wave. For this reason, I. Expect. The last actionary wave has a new bear movement. The question is: Is the triangle finished or not? So, if we look at the...

06:37

StockStork Updated 

Hello everyone and welcome to my trading idea. First of all, it is useful to identify the main trend so that a good wave count can be made. So, let's go to the weekly chart and look at the prices. We will see that the main trend is a bull trend. Now, to start counting the waves, let's look at the daily chart. I have identified what I think is the third wave and I...

04:49

StockStork

I hope you will like this. Thank you !

StockStork

After these 2 short days, we are in this situation. Now, we have 2 possible prediction: 1. The first prediction is that the market is always short and this is the forth wave of the impulse pattern. We can see a triangle and maybe this was the triangle of the third wave. So the actual movement is the fourth wave of the main impulse. I don't know because the...

StockStork

When applying Elliott Wave Theory for graph analysis, we must remember that nothing is certain, only probable. Very often, waves can be confused with others. For this reason, an analyst using such a theory does not have to trace the waves and stand firm on that vision, but must look for future points of validation or invalidation. To do this, the principles that...

StockStork

As you can see in my chart, we can find this elliott count in the highlighted rectangle. Thuis can be confirmed also by the head & shoulders in the bottom and, at the probably end of the count, we have a maximum. let's see!!

StockStork

If i my count is ok, in the history of this pair, there are many cases of fifth extended wave. So, considering that the third wave is not so exagerated and considering that it finishes below the precedent impulse, i expect an extended fifth wave. Moreover, the price is tesiting a support, as you can see in my chart. Let's see that!

StockStork

Some traders, when approaching Elliott wave analysis, abandon the price analysis through technical figures, wrongly. I, on the other hand, believe that the two must be complementary, as I will demonstrate in this article. When the ancient navigators navigated the lands and the seas, they were always looking for the stars, so that they could guide them. They had...

StockStork

The second wave is complete. Welcome bears.

StockStork

In the chart i can see this. This kind of H&S, the ABC correction, where A is 1 of fibo of wave C. So, despite this moment of buy market, i expect a new sell. I view a confirmation of this also by the decreasing volume in the correction ABC, that it's a sign of the decresing power of buyers. Let's see !