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polarity

Based on the current structure, I believe gold is in the fifth wave of a larger Elliott Wave formation. On the higher time frame, the price action appears to be contained within a channel that resembles a leading diagonal pattern—where Wave 1 is typically the longest. From this perspective, I anticipate a potential retracement to the 0.618 Fibonacci level of the...

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Currently we are in Wave C correction, the last wave of correction in this 12345abc structure. We got support at a YELLOW support trend line that started since Nov. Currently Wave C is in between 0.5 to 0.618 FIB Extension of Wave A. Ideally I'd like to see Wave C correct to at least to 0.618 Extension of Wave A. So if the yellow support line fail, we...

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Basic on Fib level and other Fib base time cycle method, this is my current outlook on BTC. Assuming investor don't start selling off right before or at the 100K psychological price level, with interest way going lower and better economy outlook as new president to push policy that will favor investors. We could extend to the 116.8K to 120k before a real...

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scenario 1, we have one more wave in 4th to finish the ABCDE structure, then 5th wave starts and find support near 2200. Another scenario is that we are already in 5th that didn't quite play out and we break resistant on our way to 2800.

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Will this be a C wave going down and make 1:1 with the A. or we are done correcting and going to start the next impulse? We are about to enter support zone, if we break it, I think we will head to 0.9 fib to 1.0fib (2460.19 - 2434.15) Since this is possibly the last corrective wave down, I am thinking, this can be either a Wave C within the ABC of Wave...

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ETH is about to break a support line that has been trending since August 6-7th. Will this break break down to finish corrective 5th? Or will it be a fake out and rebound from here. I am looking at a potential small rebound in the mid bollinger on my chart, after that and head to my 0.382 target, I plan to exit at the first Trend Base Fib Time Zone.

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long if break 200 SMMA on the daily, and exit around the 100 SMMA. short if it reject again in the 200 SMMA area, and will short til the next potential support. If you see other alternatives please share. Good luck to all.

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Scenario 1. We get stuck in between the orange dotted line and the solid yellow line to form another wedge possibly ABCDE up (Wave 4) before breaking down to start 5th that ends at where the yellow support line is. We start ABC from there, this ABC is the sub-wave 2 within corrective A. Secenario 2. We are going into sub-wave 4th that is part of sub-wave 3...

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in 1 hr chart, ATOM Subwave 5 of Corrective A has ended, we are now waiting for subwave A of corrective B to start. Or has it already started and turns out to be a weak one?

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We could see further down side from here on. Trade with caution with tight stop loss. Last dip also involved 3 short period of consolidation before it fail.

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I was messing around on the 1h chart last week. I did not realize when you switch time frame, all the old drawings pop up. This is the first thing I saw when I switch back to 1H Let see if it end where its going to end.

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Anyone else seeing this? Will history repeat itself again?

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We could retest 61.xx after wave 5 before the bounce.