Technical Analysis focused around Elliott wave, Geometry & Liquidity - NFA
Joined October 2017
- Tweets12.2K
- Following376
- Followers17K
- Likes7.8K
Pinned Tweet
$BTC - Bull count looking awfully good.
Previous highs seem like a likely spot for some profit-taking, but ultimately I think the next drop is another buying opportunity. Current targets are around 100k.
Flat is the alternate, but looks shit on linear so I find it unlikely.
$BTC - one thing the bull count does have going for it currently is the slope of the 2nd move is greater than the first.
It's still lacking the volume & channel break but that can come.
If we see another larger flat pattern up here that would lend itself well to the 1-2, 1-2.
$SPX - went too deep there for me to think the contracting diag has the right look.
There's still a decent chance we get a nice bounce starting here - look for an impulse on the smaller timeframes to confirm.
Still just playing scalps and waiting for the count to reveal itself.
$SPX - watching the contracting diag closely.
That's my primary currently.
The WXY is still on the table as well.
$BTC - I'd want to see it hold this golden zone if the running triangle count is correct.
Failure to do that and we're likely still in a much larger sideways correction.
$BTC - the triangle idea looks pretty good, but it's still yet to be confirmed.
Price has to break out strong here and close above the highs, otherwise we still have the flat possibility on the table.
$SPX - was stopped in small profit on the original short.
Leaning leading diagonal now, should know if that's wrong relatively soon.
Looking to flip my scalp long into a short IF we get the SFP I drew out.
$SPX - either I'm wrong or we're putting in another deep 1-2, 1-2 here.
The idea already looks less probable. Above the the goldenzone and its toast and I'll take the stop at breakeven.
$BTC - the triangle idea looks pretty good, but it's still yet to be confirmed.
Price has to break out strong here and close above the highs, otherwise we still have the flat possibility on the table.
The running triangle idea looks pretty solid on $TOTAL too.
I'd say that's my primary for now. Should know fairly soon it its wrong.
$SPX - either I'm wrong or we're putting in another deep 1-2, 1-2 here.
The idea already looks less probable. Above the the goldenzone and its toast and I'll take the stop at breakeven.
$SPX - looks pretty 3rd wave-ish currently.
Needs to break the yellow box for me to feel confident we've put it in a significant pivot and are starting an impulse down.
$SPX - looks pretty 3rd wave-ish currently.
Needs to break the yellow box for me to feel confident we've put it in a significant pivot and are starting an impulse down.
$SPX - already broke the trendline yesterday on what I believe was an impulse with an extended 5th.
Looking to short the retest 👍
1 hour, 4 hour, Daily ⬇️
$SPX - already broke the trendline yesterday on what I believe was an impulse with an extended 5th.
Looking to short the retest 👍
1 hour, 4 hour, Daily ⬇️
$SPX - I see a solid 5 wave down on the hourly so I'd say the odds of the lower trendline breaking over the next week or so is quite good.
If that happens I'd be watching a couple different potential topping scenarios.
$SOUN - down 40% from our main profit target.
Interesting spot here.
If it has any chance of maintaining a bullish structure or even getting a decent bounce I would want to see it hold this level.
$SPX - I see a solid 5 wave down on the hourly so I'd say the odds of the lower trendline breaking over the next week or so is quite good.
If that happens I'd be watching a couple different potential topping scenarios.
$SPX - my gut feeling is "stairs up, elevator down" once this trendline breaks.
$BTC - If I were to guess, this correction probably isn't complete.
Here's my best guesses currently.
$BTC - Safe to say we're probably in the 4th now if we're looking at it from a bullish perspective.
On the other hand, we have a pretty ugly high time frame SFP so I wouldn't completely ignore the bear count.
I heavily favor the bull count, but a close below 55k would be 🥵
$SPX - nice pump out of consolidation yesterday.
What would really make me question my primary is a convincing close above $5400. A sustained strong move through that level would be a good sign for the Bulls.
I am interested in looking for a short signal if we get there.
$SPX - I'm going with the ending expanding diagonal as my primary.
If I'm correct, I'd assume pretty damn close to a major top if not already there.
I would advise extreme caution at these levels.
Beware of those who cannot admit they were wrong and change their opinion.
Not just in trading, but in life.
$SPX - I'm going with the ending expanding diagonal as my primary.
If I'm correct, I'd assume pretty damn close to a major top if not already there.
I would advise extreme caution at these levels.
$SPX - I was wrong about the larger WXY primary.
I have two main counts I'm watching now.
Both play out in a very similar fashion.
$BTC - Safe to say we're probably in the 4th now if we're looking at it from a bullish perspective.
On the other hand, we have a pretty ugly high time frame SFP so I wouldn't completely ignore the bear count.
I heavily favor the bull count, but a close below 55k would be 🥵
$BTC - Just focusing on the general HTF look, it appears we're still in the 3rd of the 3rd here & waiting on (4).
I do expect a retest of the green box at some point but targets remain around $100k. Depending on extensions (& when we get those wave 4s) it could go higher.
