EURUSD broke up the downtrend channel Daily tf : completed corrective wave ABC
H4 tf : just start impulse wave 12345, if break up the key line (highlighted)
I'm looking to trade on wave 3 !
This is Elliott wave !
Correctivewave
FKLI reached wave 3 Fibonacci 1.618Just finished corrective wave in Daily timeframe, broke up from downtrend channel ABC.
H4 Timeframe : impulse wave 1 and heading to wave 2 right now
I traded on impulse wave 3, looking for bullish trend soon !!!
This is Elliott Wave !
USDCAD is in impulse wave 12'3'45Daily chart : correction wave AB'C'
H4 chart : wave C (wave 12'3'45)
I traded on wave 3, bearish now !!!
This is Elliott Wave !
BTCUSD - Elliott wave – update - minor wave C unfolding
minor wave C of corrective zigzag ABC is runnig
should unfould in a motive mode in 5 minute waves.
target 16850
let see price evolution to confirm
BTC: Be mindful with your longsTho bitty is still in an uptrend, I expect a wave C of this corrective wave to either retest the 42.5-43k support or to drop further down to 40.5k (0.786 fib of the previous wave). From there we could expect a return to the uptrend when the mfi be in the oversold region for long enough.
I would place a short order at 49k (0.618 of wave A) and 50.5k (0.786 of wave A), tp at 42.5-43k and sl at 52k.
Happy trading guys!
EURUSD - Elliott wave – update – minute wave ((c)) is running
EURUSD - Elliott wave – update –
minute wave ((c)) of corrective zigzag minor wave 2 is running
target 1.1706/16 area
invalidation 1.1777
BNB: Take off after correctionBNB is basically copy-pasting its previous move. I expect price to drop to around 410 (0.382-0.5 fib retracement) to finish wave E then begin wave 3 of the uptrend. Target 420.
S&P 500 TOPPING PROCESSA simple Elliott wave corrective structure(A,B,C) having a target of A=C= 4613 is about to achieve this week.
Several times I expected (without confirmation) s&p500 to fall in AUGUST
BULL waves will end after forming an ending Diagonal which is nearing to complete.
My previous counts(bearish) are criticised ,BUT NO ONE expected this recovery wave had such an euphoric strength!!
Thanks to internet,young,algo,new trading community those who pulled out this index by loading lots of borrowed money.
The reality comes next in the name of PUNISHMENT for over exaggeration.
LUNA is about to pump#1 Both trend lines crossed.
#2 Elliott impulsive waves were completed as usual.
#3 Elliott correction waves also has been completed.
#4 Fibbonaci 61.8% ratio
All the above facts meet at the exact same point!
Happy Trading!!
$SNAP Elliott Wave analysisHere I teach how to identify corrective structure, how to count motive waves, and how to get upper price targets as well as retrace levels for counter trend movements
Hope this can help someone :) -BensStocks
USOIL - Elliott wave – update - minuette wave (iv) unfolding USOIL - Elliott wave – update - minuette wave (iv) unfolding
minute wave ((1)) of minor C of zigzag ABC
minuette wave (iv) unfolding
invalidation 69.52 FIB .382
XAUUSD - Elliott wave – update - minuette wave (iii) unfolding
corrective minuette wave (ii) ended in a zigzag
impulsive minuette wave (iii) unfolding - extension
invalidation 1792 FIB .786
Be patient to buy CELRUSDT in deep correctionCELR is comleting its 3rd Eiot waves and we wait to hunt it in the begining of tha last Elion stage!
BTC ANALYSIS FOR SHORT ELLIOT WAVE CORRECTIVE WAVE after implosive wave we can see Btc making corrective wave Btc is facing very strong resistance zone.
DO YOU SHORT NIFTY ?Elliott wave correction rule(ZIGZAG) says that , ''C'' wave will move either 1.382 or 1.618 times of wave''A''
Any upmove will be POSSIBLE only if NIFTY crosses 16709 (1.382*A).
Tempting to short the NIFTY will be dangerous since it has the potential to go 17720(1.618*A).
Then what is our trading idea? Lets wait for bears action ,until 16107 breached no positional shorts.
USOIL - Elliott wave – update – corrective primary ABC
USOIL - Elliott wave – update – corrective primary ((A))((B))((C)) - zigzag
wave (C) of ((C)) should running in an impulsive way.
wave ((A)) = ((B)) - 62.07
EURUSD - Elliott wave – update – wave iii of C unfolding
impulsive wave iii of C unfolding -
now running micro wave ((4)) - invalidation sensible area 1.1780
EURUSD - Elliott wave – update – wave ii ended?
EURUSD - Elliott wave – update – wave ii ended?
key level 1.1812 - FIB 0.618 wave i ret.
BTCUSD - Elliott wave – update - running triangle in wave (iv)
BTCUSD - Elliott wave – update - running triangle in wave (iv)
let see price evolution
key level
wave d 40055
wave c 37284
EURAUD I Double wick rejection on daily Welcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
*****
EUR/AUD is currently displaying double wick rejection on the daily and due for a correction. Target is 5970!
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list! Best entry is at resistance zone if price pulls back.
BTCUSD/4HDo you see that we are at the end of ABC corrective wave?
In weekly chart I said that it seems we are on 4th wave of Eliot wave and here you can see that.
As always, I can say again that holders are the winner.
TWLO correction waveTWLO shows a solid impulks elliot wave, could be followed by an correction wave.
BTCUSD - Elliott wave – wave 4 still in progress
minor wave 4 still in progress in minute corrective ((a))((b))((c))
wave ((c)) looks over – motive wave down may follow
ALT: minor corrective movenent in ABC is over in intermediate wave W
wave X should follow.
critical price area
previus daily close 39943
PP 41405 DW
