VZ wave 4 of wave C correctionVZ wave 4 of wave C correction I feel we will see around 40 for wave 4, then wave 5 down to $33 and can grow from there.
Correctionwave
XLK daily evening star reversal at .38 fibonacci retracementOrder SELL XLK ARCA Stop 124.64 LMT 124.64 will be automatically canceled at 20230401 01:00:00 EST
XLK daily evening star reversal at .38 fibonacci retracement wave 3 of wave C correction.
UPS end of correctionUPS end of correction that might be it and we are starting wave 5 if going higher.
Chiliz Analysis for Mid-TermHi all.
lets take a look at CHZ altcoin.
according to its growing platform and awsome plans for FIFA World Cup 2020 Qatar.
lets analyze it with Elliot waves:
CHZ starts an impulsive wave from 18 june 2020 and after end its 1st and 3rd wave
its near the end of wave 4th and will start the last 5th wave in coming days.
like you can see in my chart we are completing the B wave of 4th wave and it seems to be
a Zigzag(5-3-5).
after that wave C starts and according to bearish condition of the market i think wave 4th end in
0.16 level , a strong support level near 200MA and 100% level of fibo projection of wave A.
after we reach this level i think wave 5th starts and the target is 0.2280 or more.
if you take a position or purchase CHZ at spot market please dont forget to set a stoploss
below the support level.
wait for the end of wave C and after that you can enter this amazing altcoin.
hope all of you have good trades and protect your capitals.
thanks for reading my idea.
share me your opinion in comments and make me happy.
QQQ long term visionQQQ long term vision feel like we are in the wave 2 countertrend of wave C correction of long-term uptrend.
HSBA daily bullish hammerHSBA daily bullish hammer beginning B correction or wave 2 downtrend.
Order BUY HSBA LSE Stop 486.30 LMT 486.30 will be automatically canceled at 20221231 18:00:00 EST
USDCAD H4Hi traders, USDCAD is setting up for a downside move watch price action in a lower timeframe and look for short GOOD LUCK.
EURCHF H4Hi traders, EURCHF is setting up for a upside move watch a sharp breakout and look for long only if breakout GOOD LUCK.
orient correction waves!!orient electric is in its 5th wave!!
one can take swing trades from 248.
targert 1- 300
target 2- 320
one can go on look at higher time frames, to analze my targets. but yes, the bull will start soon after completing its 5th wave.
CBG | Wave Analysis | Leading Diagonal 2-Wave Price action and chart pattern trading setup
> A possible 2-wave leading diagonal pattern ending at 0.786 retracement zone
> Entry @ downtrend breakout with reversal pattern - watch for double bottom / inverse head & shoulders / triangle wave candlestick consolidation
> Target @ 0.786-1.0 retracement to previous 1-wave + 10 - 12%
> Stoploss @ the lowest position -4-5%
> Risk reward ratio: 2.5:1
Always trade with affordable risk and respect your stoploss
USDJPY : EXPANDED FLAT SCENARIOThe 2nd possible scenario is called expanded (irregular) flat scenario. You can google what is irregular (expanded) flat.
If this scenario to be valid so the top (B wave) should be between 141.184-144.120 (fibo 127.2%-161.8%) of wave A. Then the wave C whenever the market corrects after wave B would be 128.083-125.147 (fibo 127.2%-161.8%) of wave A.
I wish u all the very best trade here.
USDJPY : RUNNING FLAT SCENARIOI believe many of us are wondering and keep wondering where will be the top pf usdjpy? Is thing pair ever going to reverse again?
Therefore in my study and humble opinion the answer is yes. There are 2 possibilites of scenario here.
This post is the 1st scenario, running flat scenario. You can google what is running flat.
If this scenario to be valid so the top (B wave) should be between 141.184-144.120 (fibo 127.2%-161.8%) of wave A. Then the wave C whenever the market corrects after wave B would be 133.632-130.391 (fibo 61.8%-100%) of wave A.
I wish u all the very best trade here.
EURGBP Correction Continuation - LONG!Welcome back! Let me know your thoughts in the comments!
**EURGBP - 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!
Brian & Kenya Horton, BK Forex Academy
A good pullback to rally On 4H TF
BINANCE:ETHUSDT has completed an impulse wave at 2030.
Right now, it's pulling back to 1400 - 1360.
Besides, it's an important trend line for supporting.
If price close below 1350, this trend can be reversal.
BTCUSD Correction waveTwo places we land here, either a double bottom at previous lows or finds demand around 19220. Either way I would be looking for a long around these areas! :) Any opinions or suggestions to this chart? thanks!
EURUSD maybe doing wave C in correction Zigzag? Is this will be the end of the EUR falling, or just Correction to continue to go down, Who knows .....
FX:EURUSD
Irregular correction of BitcoinHi
We are in second correction wave in BTCUSD, the irregular flat correction is seen in this chart.
We are in c wave of ABC correction.
The goal of correction wave can be 22000-22500.
Thanks for your attention
Yours
ELLIOT ABC corrective wavesThe cable is in a bearish trend and we can clearly notice the 5 impulsive waves, now the price is correcting and we expect the C corrective wave to be formed in these days.
The elliot theory combines perfectly with a very strong MACD divergence.
Pay attention at the news affecting the pound and the dollar this week.
XAUUSD Next Move After 2 Years Sideway
XAUUSD was moving in corrective wave for almost 2 years.
Last bullish move coincided with an increase in volume.
Soon will touch first support at 1680 and could bounce upwards from this level.
Will take a closer look on fundamental as well such inflation / stagflation issues, recessions and fed % rate policy for further confirmation.
Because more hike on fed % rate could mean more downward correction to the next support at 1580.
And AFAIK some whales have moved their money into other hard asset other than fiat.
We need a further leg down? Total Crypto Marketcap ... Hey,
$20K is holding for now... (well was reclaimed) but this was just too easy in my view. I do believe we will see another wave correction down to the earlier accumulation area. What is your view? Feasible? Possible? Unrealistic? Share your comments!!
Super interesting topic imo and really want to get as many standpoints as possible.
Your ST Team
DENT/USDT Downside TargetPrice still in correction movement so the downside movement should be temporary and we need price reversal confirmation in first support.
As long as there's no price reversal confirmation in first support, no need to entry
GBPJPY BREAKDOWNOn a monthly timeframe, we are in a good trending market (Bearish). Currently in a correction phase after the long impulse move which occurred or started around 2007 and ended around 2011. We are in a beautiful ABC correction. Patiently waiting for wave C completion before looking for impulse move to the down side though continuation of the whole bearish movement. we might encounter a flat correction or a running correction but to gain confidence, wait for trend line break.
WAVE A = 3 WAVES
WAVE B = 3 WAVES
WAVE C = 5 WAVES
To enter, as a patient trader, wait or look for trend line break, a retracement of about 50% or 61.8% fibs level before entering a position.
