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Thielen's bullish view is based on the Elliot Wave theory, which assumes that prices move in waves rather than simple patterns, and future movements can be predicted by observing the repetitive ...
An Elliott Wave can be bullish and bearish and varies based on the chart. However, you can interpret an Elliott wave as long-term bullish and short-term bearish, depending on the chart you are ...
So, with the current break above the channel resistance line in an impulsive fashion into wave A/1, we should watch for more upside, at least in three waves, up to 1.37 area or higher. At the moment ...
Roblox (NYSE: RBLX) soared 595% from its 2022 lows, firmly establishing itself as a top-performing stock. Previously, we identified a bullish nesting structure originating from the $21.65 low. Now, ...
The pattern was to be something called a flat; an Elliot Wave term for a two wave correction that effectively moves sideways. This large ABC flat pattern of the bear market was diagrammed in the ...
In summary, IIFL Finance is likely in the final stages of its wave (2) correction within a broader bullish cycle. Traders and investors should stay patient, avoid shorting, and prepare for a possible ...
Hedera Hashgraph’s native token HBAR has been consolidating near the $0.24 mark, a level that has become the focal point for its next move ...
Chainlink price has rebounded in the past few months, moving from a low of $10.05 in April to a low of $26 on Sunday. This surge coincided with its strong fundamentals and its technicals, pointing to ...
Looking at AUDNZD on the intraday timeframe, we can already count five waves down from the most recent highs, which is a clear and important Elliott wave signal suggesting further weakness.
Wave 2 is the correction separating the two advancing waves. The title of this article (This Should Be An Easy Two Wave Advance) comes from this fundamental Elliot Wave pattern found in all his works.
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THETA Price Consolidates After Bullish Movement - MSN
Elliott Wave correction completion near key Fibonacci levels. Descending channel breakout potential, indicating a bullish reversal. The momentum indicator shows increasing bullishness. Theta Token ...
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin's year-to-date rally ...
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