initmx

initmx

entry triggers: ewt 1-5(a-e) in diagonals/wedges entry: market price tp 1: 1.812 tp 2: 1.851 tp 3: 1.925 tp 4: 2.023 tp 5: 2.134 tp 6: 2.248 sl: 1.635 lev: 5x Breaking below 1.652 might invalidate the trade, at that point there isn't much to go on with(data). As always, trade with due diligence!

initmx Updated 

The EWT is playing out well. Now playing 5 of (5), which will touch the greenline. Should expect a correction after that, unless we get a truncated 5th. In the pink wave, wave 4 came into the territory of wave 1, as I believe this could be an ending diagonal.

initmx Updated 

Possible ending diagonal. Might see a pullback to (2)

initmx Updated 

Wave 5 of (3) is complete. Next, will be a pullback to the green area, which will mark a possible (4) and saves as a good entry for the (5). entry: green area tp: red box sl: slightly below the green box lev: 5x and below Trade with due diligence.

initmx Updated 

playing around with the wave. No confirmations yet, but this scenario is possible. Will only long if the support around the orange line holds.

initmx Updated 

The motive 1-5 is complete. I was late to the party, but a quickie is possible. Given the correction unfolds as a regular abc zigzag, it will terminate at the red box.

initmx Updated 

Entry triggers: 3 waves in parallel lines (abc) Entry: market price TP: 2.534 SL: 2.697 Like with any other trade, due diligence is advised. I see about 3 scenarios that might happen here, but the most likely is the one illustrated. The waves could be 1-5, with 1 and 2 slightly below the parallel lines and abc become 3-5, either way, the next move should be to...

initmx Updated 

Entry triggers: ewt 1-5, falling wedges(a-e) breakout entry: purple area tp: green line sl: 2 lev: 10x and below Take profits can be split and taken at fib retracement levels. Trade with due diligence!

initmx Updated 

Entry triggers: ending diagonal, 5 waves in Entry: market price TP: 27.10 ( around wave 4’s termination) SL: 29.36 There is a possibility these are rising wedges, in which-case, waves are a-e instead of 1-5, otherwise this is a rare case of an ending diagonal, cause it’s often observed as a sub-wave to wave 5. Trade with due diligence!

initmx

expecting a pulldown from here before completing the full wave up.

initmx

$LPT still at a major support. A lot of retests to this support, let's see if it can hold any further. There is some structure, which could be argued as a descending. Cant get a good EWT wave count yet.

initmx Updated 

direction : long reason : ewt, triple support entry : market price sl : 4 tp : 5 lev :10x Notes: Entering with a tight stop loss. wave 3 and 4 might be slightly higher than indicated. Trade safe with due diligence!

initmx Updated 

direction : long Reason : symmetrical triangle(orange wave) lev : 10x entry : slightly abv D tp : green box sl : up to you Note : dual trading this market, I've got a short ready slightly below d or C ., in case things go sideways. Trade safe, with due diligence!

initmx Updated 

Direction : long Entry : market price TP : green box SL : _ _ _ Note : triple steep support. I've played this PA many times. Whenever I see this PA, positions are opened with a tight mental stop loss. Use your R/R to determine whether this trade is viable for you, otherwise don't bother taking any positions. No high leverage here 5x should be okay, nothing...

initmx

Scenario 1 : Uptrend Wave 3 is in place and is very likely to end around the blue line. following will be wave 4 which at max, will retrace to the grey line. Wave 5 will play till the green line. Trade setup : play the correction 4, or wait for 4 to play out and then long the 5th. Note : Failure to break the above the grey line invalidates this...

initmx

Triggers: ending diagonal ewt waves plan: long to the green box. Note: time sensitive. Trade safe, due diligence is advised.

initmx

Scenario 1: blue We have a bullish outlook, playing the correction (A-E), 4 waves in. Descending triangle. Looking for a long upon bias confirmation. The wave count seems solid for now, however E might take longer than expected to fully develop. Ideal entry: slightly above D. Expectations: full retracement of the triangle. Note: Breaking...

initmx Updated 

Analysis This is a follow up on the AVAXUSDT analysis posted earlier. There is a strong resistance around the yellow region, as expected. Pulling a fib retracement from the purple line down to the beginning of wave one will indicate a golden pocket right around that area. I'm inclined to believe this indeed is a motive wave and is complete. The next step...