Is this a little too optimistic? This count suggests that this stock is shaping up for a good run as a 5th wave, perhaps after a wave 2 correction within it.
Here's an Elliott Wave count that suggests we could be at the beginning of a 5th wave?
Personally, I'm leaning towards the bullish, blue count but I can't ignore the bearish, red count either.
Most of my counts for Bitcoin are bullish and posit that we have just finished a wave 4 correction and are embarking on wave 5. However, I also believe that other possibilities should also be considered so here's a bearish count (purple) that suggests we may be witnessing a zig zag correction and might be about to embark on a C wave down (the red and the blue...
A couple of counts for this major UK bank. Both bullish although one of them calls for a larger correction first.....
In my opinion, this stock is at an interesting juncture. Is about to begin a C wave decline to complete a flat correction or was the bottom in March 2020 already the completion of a wave 4? I'm leaning towards a decent correction as it is difficult (for me anyway) to count the upward move from 2020 in 5 waves. As always, time will tell but it might provide a...
As ever with EW and the markets the possibilities are almost endless. 2 counts here one bullish, one bearish. Personally I like the bullish count but would need to see the 145 level broken to confirm it......
Is this a possible route going forward.....and if it is does that mean one more burst of risk-on for equities and crypto......?
Just looking at the almost endless possibilities for Bitcoin going forward. Here's one of them.....
Just glanced at this chart this morning and saw these two divergent possibilities. Does this market still have legs or is the party over?
Not finding it easy to make head or tail of these equity markets except they keep going up. Is this VIX chart offering us some further clues that there may still be gas in the tank?
Is this a possible route for Ethereum? Nice 5 wave patterns and fibs so far with a possible 4th wave correction ongoing now......
2 bullish counts for Bitcoin, although with an expected decent correction not too far away.....
A couple of bullish (eventually) counts for this US stock. Both counts suggest the same outcome though and present a bullish outlook for this stock.
This inverse chart of this currency pair would suggest that, despite much consensus on the US dollar weakening, the opposite may in fact be the case.
Things are a real juncture imo at the moment with this count suggesting one more spurt for the Euro (and risk assets generally?) A break of 1.19540 would invalidate the count and suggest that the run from March last year could be over for now.