TranceaddicT66

TranceaddicT66

The second run to parity has been successful ( and profitable XD ). The Grand Elliott Impulse has reach a level where it's full potential COULD BE complete. Wave5 revealed itself to be an extension and has also reached a level that it's potential COULD BE complete. This is a DANGEROUS point. Both Wave5 and the overall Impulse are in the "zone of...

TranceaddicT66

BTC is prepped for a big drop. Bias is short with ZERO indication of reversing.

TranceaddicT66

EURUSD destroyed my expectation to bounce off the an intermediate pitchfork median and extended it's run toward the outer pitchfork boundary. This DOES NOT CHANGE MY BIAS - downward. Price Action is still within the downward scope of the pitchfork and, additionally, seems to be developing within the scope of an Elliot Impulse Wave (Circled Roman Numerals). At...

TranceaddicT66

Expecting a bounce at 1.035 (red circle). Probable return to 1.0487-ish before continuing LOWER . Trade Safe.

TranceaddicT66

Sadly, BTC never dipped as far as I was hoping; instead it ran up. No worries there, no lost money. Simply reevaluate given the new conditions. It's finished with the $30-31K level. This is a long phase Wyckoff DISTRIBUTION. Distributions mean one thing **DOWN**. We are at what Wyckoff call UTAD - upthrust after distribution. Expect price to hit mid- to...

TranceaddicT66

This is a false bounce. Stay out, it WILL NOT exceed $30,000. It WILL fall to $28,350-ish I'm buying there in anticipation of a return to $31,000.

TranceaddicT66

BTC printed harder and faster than expected, but hey, that ain't a bad thing. Target reached and sold. I expect to see a pullback to $30,100-ish. See you at buy-in.

TranceaddicT66 Updated 

BTC headed to $29,200. I'll be buying in for the next bounce up. Trade safe

TranceaddicT66

Fully expect price to climb towards $37,500 - $40,000 before it's next discount phase. Expect a pause and retrace ~$33,700-ish. Remember, expectations are only rescued from bankruptcy by stop losses. Trade Safe.

TranceaddicT66

GME delivered as expected (pink path). I expect price to fall to the area of the order block created (red circle) at the increase pause (originated by the previous gap). From there it will bounce to take previous relative equal highs (~$159, orange line) and may reach as high as ~$173. Price WILL NOT EXCEED $200 before earnings. Trade safe.

TranceaddicT66

There is a GAP from March 2021 that still needs to be filled. Indications suggest that GAP ($8.08-8.53) will be filled (Red Ellipse) before any bounce can occur. My expectation is for price to fall a further $2 (I know. I KNOW!) and bounce at ~$8.

TranceaddicT66

Nice little motive wave forming in leadup to earnings. UNDOUBTEDLY, this will hit $145-150 just so the hedgefucks can attack it at earnings.

TranceaddicT66

What is IMPORTANT is the confluence taking place at the ORANGE CIRCLE. 1. Large purple triangle is the ABCDE Triangle begun at the VERY START. 05/11 saw the final move of E-leg hit and rebound (05/12 Green). 2. Small, inside purple triangle is the ABCDE Triangle that is the E-leg of the larger TF triangle. Watch for the retest by Friday with an expected...

TranceaddicT66

This is the final level we've been waiting for. Countries and Pension funds are buying up our favs. Do they know something? $76.61 and bounce.

TranceaddicT66 Updated 

... FOR NOW. We're half way through the day and GME has completed it's compound Elliott wave. As we move into the afternoon session what for the Kennys to start pushing price down. I EXPECT price to fall. There's a gap ($123.14 - $130) on the daily that needs filling and it sits right at the 50% level. Hmmm, imagine that. So, $124 is easily going to happen. ...

TranceaddicT66

There, I said it. If I had to pick more precise figure ... $34

TranceaddicT66

I was inspired to re-examine my previous analysis after learning something new about pitchforks. The concept is that a pitchfork is not necessarily invalidated when price exceeds the bounds of the median parallels. Price can drift sideways outside the original pitchfork parameters. This is referred to as a frequency shift. Often, this is what makes price look...

TranceaddicT66

Elliott Double Combo (WXY) I've laid this 5-3-5 correction out in the simplest possible form - Impulse-Correction-Impulse. It could very easily take a form similar to the previous correction - Ending Triangle. I'm speculating it won't because it took half the time (35d v 73d, the yellow "you are here" arrows) to get to this level, last time.