Enge Konsolidierung mit Backtest der 200 Tage Linie (Bullflag) nach Breakout aus Downtrend. Take Profit Level sind das Swing Hoch vom 12. Juli 24 welches uns ein 3/1 CRV ermöglicht und das 0,886er Fibonacci vom Hoch am 12. Juni 24. Der Stop Loss gefällt mir bei 7,74 nicht ganz so gut. Mmn. wären 7,46 Euro besser geeignet, wodurch aber das erste Tp Level auf 10,10 Euro angehoben werden müsste um bei einem Einstieg von 8,12 Euro ein 3/1 CRV zu gewährleisten.
Unsere Einschätzung zu Polkadot ($ DOT ) lautet wie folgt: Die Kursbewegung von Oktober 2023 bis März 2024 sehen wir als eine rein korrektive Aufwärtsphase, die die Welle (4) innerhalb des übergeordneten Abwärtstrends abschloss. Die darauffolgende Welle (5) endete unseres Erachtens nach höchstwahrscheinlich Anfang November, vermutlich in Form einer Truncation. Diese Entwicklung deutet darauf hin, dass sich Polkadot seit seinem Hoch im Mai 2021 in einer ausgedehnten Korrekturphase befand, die erst Anfang November 2024 ihren Abschluss fand. Obwohl man argumentieren könnte, dass die Welle (4) bereits ein erster Impuls war, erscheint uns die Aufwärtsbewegung zu träge im Vergleich zum jüngsten Impuls, den wir als Beginn von Welle (1) interpretieren. Aktuell gehen wir davon aus, dass der Boden in der Welle C von Welle (2) bereits erreicht sein könnte. Dennoch schließen wir nicht aus, dass der Kurs noch ein letztes Tief im Bereich von etwa 5,17 $ markiert, bevor eine nachhaltige Trendwende einsetzt. Im Anschluss sollte der Kurs die Entwicklung von Welle (3) aufnehmen, die als fünfteilige Aufwärtsbewegung ausgebildet wird. Falls der Boden von Welle (2) tatsächlich bereits hinter uns liegt, könnte Welle (3) Kursziele von mindestens etwa 30 $ erreichen. Die genaue Zielzone wird jedoch kontinuierlich anhand der weiteren Kursentwicklung überprüft und angepasst.
Hi Traders Pair: EURJPY ? Position: SHORT ( SELL ) ✅ Entry: 161.400 ? SL: 161.700 ? Take Profits: • TP 1: 161.100 • TP 2: 160.800 • TP 3: 161.500 (Trailing SL)
Right shoulder could form for a lower drop or keep going to help engulf the weekly. Trump in office next week so right now just sit tight and watch the chats gap up may be a stretch so really be careful!
Performance Highlights 1. Trend Detection • The indicator successfully captured major bullish and bearish trends with precise timing: • Example: The sharp downtrend (red background) following a significant breakdown below the upper band was identified early with multiple sell signals in continuation. • Similarly, the uptrend (green background) was effectively detected with clear buy signals as the price continued to rise above the lower band. • The combination of Z-Score anomaly detection, momentum (RSI), and multi-timeframe trend confirmation ensures reliable signal generation aligned with the broader trend. 2. Sideways Market Identification • The grey background zones clearly delineate sideways or consolidating market conditions: • Example: During periods of price consolidation within the expected range (between the upper and lower bands), the indicator intelligently avoided generating unnecessary signals, reducing noise. 3. Improved Signal Quality • The continuation-based logic ensures signals are not generated on isolated candles but only when the trend persists: • Example: Sell signals were only triggered after a confirmed continuation of bearish momentum, avoiding false signals during temporary green candles in a downtrend. 4. Volume and Multi-Timeframe Trend Integration • The volume filter effectively validated signals during high trading activity: • Example: Strong sell signals were generated during high-volume sell-offs, reinforcing the indicator’s reliability in volatile conditions. • Multi-timeframe EMA trend alignment provided an additional layer of confirmation, ensuring signals were not counter to the prevailing higher timeframe trend. 5. Z-Score and Momentum Dashboard • The real-time dashboard provides traders with actionable insights, displaying: • Z-Score: Indicates overbought or oversold anomalies in price. • RSI: Confirms momentum strength, aiding traders in assessing signal validity. What Sets This Indicator Apart? • Comprehensive Coverage: The MAD indicator works seamlessly across trending and sideways markets, offering consistent and reliable signals. • Noise Reduction: The cooldown mechanism and continuation logic effectively minimize false signals, making it ideal for choppy market conditions. • Adaptability: The integration of Z-Score, RSI, volume, and multi-timeframe trend confirmation ensures the indicator adapts to various market structures and asset classes.
20% Revenue CAGR 10% cash flow yield P/E 10 Semis manufacturers are cyclical and markets front-run it a bit. Think cyclical correction is nearly over
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
The Wave 2 correction for Gala began on December 5th and initially appeared to be a straightforward Zig-Zag pattern. However, it evolved into a more complex WXYXZ correction, making navigation challenging. The correction concluded with a bottom at $0.03034 on Monday, December 13th. While I initially anticipated a larger retracement for Wave C, the strong price action suggests truncated Wave C, falling short of expectations. This marks a pivotal turning point for Gala as bullish signals begin to dominate the landscape. Why I’m Now Bullish Momentum Indicators Are Bullish The Weekly and Daily Stochastic RSI have flipped bullish. I employ a dual momentum strategy, trading in the direction of the higher time frame (Weekly) and seeking entries on the Daily or Hourly charts. With both the Weekly and Daily Stochastic RSI indicating bullish momentum, purely based on the strategy I no longer maintain a bearish bias. Breakthrough of Key EMAs Gala's price has broken above the Exponential Moving Averages (EMAs) on both the 4-Hourly and Daily charts. This signals strong upward momentum and a potential shift in trend direction. XRP Validation of Wave 3 XRP has broken the high of Wave 1, validating that it is now in Wave 3 of its bull run. This is significant because altcoins like Gala often follow broader market leaders like XRP. Bitcoin’s Ascension into Wave 5 Bitcoin’s recent price action suggests it has begun its ascent into Wave 5. Bitcoin’s movements have a strong influence on altcoins, and its bullish trajectory supports the case for Gala’s upward potential. Addressing Bearish Sentiment on Bitcoin Many market participants remain bearish on Bitcoin. Understandably as Bitcoin has had a relatively shallow correction barely correcting down to the 0.386 Fibonacci level, which is typically a minimum expectation for a Wave 4 retracement under Elliott Wave theory. However, markets do not always adhere to theoretical expectations. My analysis of Bitcoin’s wave count indicates that Wave 4 likely concluded at $98,888.98, and it is now ascending into Wave 5. While bearish skepticism is understandable, Bitcoin’s current price action suggests the bearish scenario is becoming increasingly unlikely. Short-Term Bearish Action At the time of writing this momentum indicators on the 1, 2, 4, 8, and 5-hour time frames are bearish, signaling the potential for short-term downside price action. This could provide a final opportunity to enter the market before momentum across the hourly, daily, and weekly time frames aligns fully to the upside. It is worth noting that price action is strong so looking for a dip might prove difficult. Next Moves for Gala I’m now focused on identifying an optimal entry point into the market as Gala transitions into the much-anticipated Wave 3. While short-term price action may be choppy, the key level to watch is the break $0.0666. Once this level is reclaimed, it will likely serve as a confirmation of Gala's Wave 3.
Greetings, this is my current Elliott Wave count for Bitcoin. This time it is a bit different as I will do two separate post one containing the bullish count and one containing the bearish count. I split it up into two posts to keep the chart clean so it is easier to understand and I highly recommend reading both as none of them is preferred at the moment. I do post both counts now instead of waiting for clarity so everybody has time to prepare and get ready as the price might move fast especially with more news tomorrow the 16. January and the inauguration of Trump next Monday the 20th January. The counterpart counts will respectively be posted in the notes down below. The bullish count: In this count we assume that the red ABC is finished and with it the blue Wave 4 bottomed during the 13th January at 88909.0 USD and we started the blue Wave 5 which could be the last rally in this bull market. The recent move up could be 1st Wave of the impulse displayed as white Wave 1 here. Next we are looking for a retracement in white Wave 2. Wave 2 support sits between the 0.5 FIB at 94327.8 USD and the 0.786 FIB at 91228.2 USD. After we get the orange Wave A and B we can calculated further targets for orange Wave C which would finish white Wave 2. Important is that the coming retracement is in a corrective fashion and not an impulsive. If we see five Waves down now this could be the first indication that the bears are in control and we might get a lower blue Wave 4. Thanks for reading. NO FINANCIAL ADVICE.
GBPUSD printing a Bullish AB=CD, CD not completed yet buy with a buy stop