I am still waiting for the wave Elliot. But despite this unfortunate delay, here is my HTF chart as of today Saturday 29th 2023.
A quick run down on what the general idea for what I think will happen:
Price will stay under 4500 topping out.
Buyside will be taken and we will start another bear run to Sellside.
Anything after that is beyond me as of now but I have a couple levels noted below as where we can bottom out or start a retracement.
It's possible anytime soon the price gets repriced to a specific level 100 handles lower as an example in the birth of a geo political issue or financial crisis as we are in that season right now. The Black Swan Season. Be careful. Safe trading.
Here is a brief description of my levels and why: It's magic and a magician never reveals his tricks.
These levels can of course never even be traded to and if that is the case I will make a new post with the new levels I'm watching.
I will repost as price trades to the levels getting more in depth about what my thought process was and why :). For now just be a witness.
And a reminder to do your own research. I am not a financial advisor, I am a magician.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.