lakhemvuyana

lakhemvuyana

Technical Analysis (Elliott Wave View): 🌀 Wave Structure Overview (Elliott Wave): Wave (1): Sharp rally up to 2008 (Global Financial Crisis peak). Wave (2): Deep corrective wave ending around 2011. Wave (3): Strongest and longest wave, peaking around 2016 (a textbook impulsive 3rd wave). Wave (4): Sideways-to-down correction, consolidating the gains of Wave...

lakhemvuyana

The chart provided uses Elliott Wave Theory to analyse the NASDAQ 100 index. Here is a breakdown of what the chart indicates: 1. Wave 1 (1986 - 2000): This wave represents a significant upward movement, marking a strong bullish trend. 2. Wave 2 (2000 - 2003): This wave indicates a correction or bearish phase, where the market saw a decline. 3. Wave 3 (2003 -...

lakhemvuyana

We are completing a H&S on the H4 timeframe. the bears a pushing prices down to form point C The just turned at the supply zone.

lakhemvuyana

a fully formed impulse wave... we are pushing for corrective waves.

lakhemvuyana

- Done making a 8 wave move. - it is seating at the support. - convergence on the smaller timeframes.

lakhemvuyana

1. The buyers are pushing prices to form a double top. 2. We are rallying to form wave 5. 3. We are going to for the "D" point of the Bearish Garley Harmonic(D1)

lakhemvuyana

The bears are a looking at pushing prices down on that corrective wave.