Nasdaq anticipation wolf wave - elliot wave - ascending wedgeI've been anticipating nasdaq moves ignoring the news since quite a while and it work way better that way.
and i figure out 3 scenari. the upside one (which is the less pssobile to me, but still a possibility)
If nasdaq respect my anticipation, (which is working since the last bottom) it would confirm a bigger drop later , currently forming and ascending wedge, and if Nasdaq goes to a range to 13400/13600, that would be a perfect bearish wolf wave. confirming previous anticipation drop.
Then where would be 2 scenarii, 1 is the rebound from the 1D SMA200, the 2nd one would be the confirmation of the 5th legs of Eliot's wave and 50% fibo on weekly, so 10780.
time will tell, im into the 2nd scenario.
Eliottwavetheory
EURUSD possible buy Hi traders, as you see price breakout of descending channel, and now made abc correction, which is showing that price can move to the upside. I want to see break of that structure and pullback to confirm that buy. Be carefull we are having high impact news today for dolar, and i expect dolar to push lower since its showing bearish price action. Stay patient!
Eliot Wave BTCUSD60k may or may not be a top for BTCUSD. While there may be some bullishness left in the short term, from the daily perspective bitcoin appears to certainly be in the last wave of its up-trend. The last 3 price peaks each saw a lower RSI than the previous peak, strengthening the case for the beginning of the corrective phase.
This post is NOT investment advice. Critiques on my analysis are welcome.
Bearish scenario on ODX Eliott waves countLSE:ODX A friend of mine asked me to look into ODX, I made this for him and thought I could share with a wider public.
As a disclaimer, I'm still not a big expert of Eliott waves, so I'd be happy to hear any constructive feedback.
BTC-USDT [Short]The Third wave of bitcoin movement is nearing completion, and the next wave will take about 30 days to reach the Ichimoku cloud.
#BLNK Acending Triangle - BLNK After a hard fake outsell off BLNK found support on a strong trendline creating a textbook acending traingle, or abcde correction looking like like i said a textbook traingle acbde following rules with E being a common fakeout.
- Energy overall this year looks extremely bullish as well strong support with the EMA and the powerful Cloud long with a trendline.
- As energy sector been correcting its been looking like signals of reversal here soon for a explosive move to the upside keep it on watch!
#CRSR Long?- CRSR looking like a nice long after making a long correction of lower lows. But also making higher highs, but leaving nasty fakeouts.
- Its been holding support pretty good so far and its been bouncing of a strong trendline and fibs.
- It might have also left a scot wick to the upside possibility being filled if we start to push up but it has left a weak supply zone that we should rip right through if we return to thouse levels once again.
Overall bullish but if it breaks itrs trend of lower lows i would leave it alone as it then will become a risky trade.
#LI Reversal Coming Soon?- Li showing life of reversal here but breaking that trendline + Fib plus strong support will just bring more downside.
- But with that being said everything mentioned above plus indicators do show signs of a bounce or possible reversal here.
- Li usually runs along with Nio and Xpev as well can pump along with energy so its something to watch out.
Overall bullish as there is a lot off signals showing strong strength of reversal.
#DDOG Triangle Long!- DDOG looks like a Bullish Triangle With E ending bouncing off the cloud as well as the trendline.
- Also with thouse bullish engulfing candles the low has been set stop loss would be bellow or at that candle.
- DDOG also is a highly bought up by the legendary Cathie Woods.
#AMZN Is This The beginning of Amazon?- AMZN looking like an amzing falling wedge, I believe its done with its long abcde correction, as well bounced looking to be bouncing off the trendline here soon witht he fibs.
- Not a strong confirmation as ER is around the corner and it can actually be the reason why it can actually can drop hard instead of following this bullish wave count.
- ER should determine the direction of Amazon.
- I am not too confident on this one i would like to as FAANG is looking extremely weak
#MSFT Acending triangle Retest?- MSFT showing a retest of a somewhat acending triangle, making it a nice wave 2 count for a wave 3 incoming.
- MSFT also has a event on Monday and Tuesday along with AI.
- This can also be the retest here for a move higher but judging how market has been moving I am bearish on tech until they show strength and direction
#APPL Tech Bearish?????- APPL for the time being looks like it can bounce off support here soon, but if does it has to break that wave 3 for it to invalid this bearish count. Creating a Head and Shoulders.
- Apple if it follows this count will start of a huge wave 3 impulsive move.
- Bearish on the market for the time being mostly tech due to the events going on with the "Meme Stocks"
#WKHS Update -WKHS after an amzing breakout of a beatiful triangle i see 5 waves up for a impulsive wave 3.
- Its looking like a deep wave 4 retracement but it aligns for a the higher degree wave looking really good!
- I do expect a sideways movement before it does go to wave 4 but breaking the low will make this count be a 1,2 which means wave 3 will be more impulsive hopefully not but if it does don't miss it .
#LAZR Triangle?- LAZR looks like some sort of triangle abcde but can also be a 1,2 count,
- It does have strong support right now due to that trendline bounce and right into the cloud as well.
- Still cautious on this one but I do expect a bounce for a scalp or day trade
