This is a detailed analysis of EURUSD. Over here, I pointed out the following: 1. We are going into a wave 3 of 3 up. 2. A false breakdown to complete a double combination w-x-y. 3. Wave 1=3 target of 1.16477. 4. Aggressive Stop at 1.12951; Conservative Stop at 1.12553. 5. Bias of USD Short (de-dollarization). Good luck!
I updated the wave structure for Gold and point out that the previous short call plays out perfectly with pinpoint accuracy. Now, we have started a new cycle level wave 5 and we just just completed wave 1 and 2 of a minute level. I proposed how the Gold price will unfold in this primary wave 1 of cycle wave 5. I propose 2 stops: Non-Active Trader: $3283 Active...
In this video, I walkthrough the changing of waves in order to cater to a possible end of the entire 5-wave move for Bitcoin. The invalidation price for this bearish count is $109,662.
I believe that Gold has completed the 5th wave. Here are the evidence: 1. Drawn out 5-wave structure with breakdowns. 2. Fibonacci measurement: wave 5 is almost equals to wave 1. 3. RSI is lower at the 5th wave compared to 3rd wave although price is higher (price-rsi divergence). Stop is $3272. Take Profit is $3285.
I believe we are going into the final 5th wave of a higher degree wave 1 of 5 (explained near end of video). The short-term price target is $3354 vs a stop at $3320.
I believe that the correction up in 5 waves has ended as a B wave. And we should go into a C wave now.
I'm providing the update to the wave counts by reverting back to an older count in order to "complete wave 3". I also breakdown the waves for wave 4 and explain how to set the stops in the event that price moves down.
I believe we have completed wave 4 of 3 and is currently in wave 3 of 5. In fact, it should be wave 3 of 3 of 5. The risk-reward is quite good over here. We are risking 20 points for 110 points of profits. Good luck!
This is a multi-asset idea in which I explain how different instruments helps us to paint a picture of what is happening at a macro level, specifically to the financial markets. Over here, I proposed that the equity markets, represented by S&P500, are going to correct heavily and that we will be in a flight-to-safety mode. Not brought up here but will add...
Over in this non-Elliott Wave analysis, I drew 3 trendlines from longer term to shorter term: black, blue, and green respectively. As can be seen, currently price has breached the black trendline and is testing the blue. I expect price to push past both the blue and green to hit $2647 in the short term.
As an update to my previous idea to short S&P500, this is a short video to update the stop and to point out the break of the longer-term trendline.
I believe that wave 3 is completed and we should be going into a wave 4. Let's see how this plays out. I'll stay neutral for the moment.
I suggest that we have seen wave 1 of 3 and wave 2 of 3 completion and is now going into a wave 3 of 3 that is expected to break out of the ascending triangle. The stop loss is now adjusted to 3200 and the most conservative target gives us $3300 even though we are still aiming for >$3500. Good luck!
In this long video, I did a live analysis of AAPL. I started with going through the previous AAPL short idea, and declare that to be the perfect idea. Then I go through live on how I will analyze the AAPL stock, how update the Elliott Wave Counts, how to I use supports and resistances, how I use more simple and straightforward measurement rule for projecting the...
Over here, I updated the wave counts and commented on that the alternate count is still a bearish count. The upper trendline will be where we can consider shorting if price does make a higher high, and the lower trendline will be the breakdown line.
Over here, I updated the waves for USDJPY. The idea is still short. But you can adjust the stop loss if you are already in the money.
This idea is complementary to the S&P500 short. This is also an idea to try shorting again on the same trading session after the first hit stop loss.
My previous nasdaq idea was stopped out. But I think it is worth it to try again. But try on S&P instead.