Salutations, The US Dollar exhibits a prototypical double-zig-zag configuration, reminiscent of what can be described as "Phase E" in the canonical Wyckoff Accumulation Schematic. --- During Phase E, an asset breaks free from its trading range, demand exerts unambiguous control and the appreciative trend becomes palpable to the discerning eye. Potential...
Salutations, At this present moment, I find it challenging to elucidate the precise reasoning as to why the S&P 500 was poised to recede back to the melancholy depths of the pandemic lows. Nevertheless, I can confidently postulate the resurgence of a risk-on environment in the aftermath. ideally as we approach the yuletide chill of Christmas Eve at the...
Greetings, A mirror to my tableau painted for Bitcoin, I surmise that the Nasdaq is engaged in the theatrical rendition of a cycle degree fourth wave. Historically, these fourth waves are prone to a tactical withdrawal into the realm of the prior degree wave four territory. In this distinct instance, the territory in question lurks in close proximity to the...
Salutations, In the esoteric realm of Elliott Wave Theory, the fourth oscillation has a strong tendency to revisit the territory claimed by the previous degree fourth wave. When one applies this law to the labyrinthine chart of Bitcoin, an intriguing correlation emerges with a distinctive territory that lies between $3,000 and $6,000. This is no ordinary...