Eliottwavetheory
BGLC gathering momentum to gain some profit .....BGLC gathering momentum to gain some profit though it may be temporary or rather say a correction pattern as we will follow.
we can expect impulsive wave to reach 3.87$ or ABC correction wave.
the sure thing is, after correction comes impulsive so we can see the BGLC rise in the near future.
3.87$ per share is a key level where we will observe to analyze the next move.
Get Ready for a Golden Ride! Buy Signal on Gold Daily Chart 📈The bullish setup on Gold is sparking excitement as price follows a clear Elliott Wave pattern. With the fourth point of the wave in place, it's time to buckle up for the next wave, which could potentially take us to around the 2200 mark.
Adding to the bullish sentiment, Gold has been oscillating within an ascending channel in recent weeks, providing further confirmation for this setup. Notably, the RSI indicator is signaling an oversold condition while maintaining an overall uptrend, suggesting an impending bullish impulse.
Let's ride the wave and make the most of this glittering market trend!
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Banknifty- Prediction for short TermIt seems BANKNIFTY has completed 5 waves of (a) upside and we can witness a selloff till 39600.
Hold your breadth and be ready to buy at bottom of 40000-100 for the target indicated above...!
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This is not a trade recommendation, pls do your own analysis for any trade or investment.
Regards
Impulse Wave has been beginning, up to $18APT's broken out and retesting the support around 11.9
That is confirmed by good signals:
- Ultra High Volume
- RSI divergence positive and above 50
- Breakout Resistance
When it's completed the correction wave around 11.9, we can join it for short-term. It might be hit $18
Wait and see
omg network with a clear five waves up cryptocurrencies have been bullish lately and many rumors as usual circulating on the web, however on this chart we can see an impulse of 5 waves followed by an expanded flat which lands on 78.6% fibonacci ret , then have another impulse wave began on March 11, 2023, which confirms 5 wave up of something comming up.
it could be the start of a third wave as it could be C wave,overall we have to wait to see if it is a large ABC corrective move or we are indeed in an upcoming bullrun...
Still according to planAll is going according to plan, I don't believe we are yet out of correction waters. There needs to be a healthy pull back to accommodate the growth that is coming up, and we have yet to see the completion of the final Elliot wave. Historically pull backs of this magnitude reach the 2.0 fib level but I am planning my take profits at the 1.68 level.
Bank-nifty: Has it completed correction Lower time frameHey guys BANKNIFTY has moved as per our Elliott wave analysis.
The counts a mentioned in the chart.
The higher degree chart is also embossed along with the lower time frame.. pls refer to both the charts for better clarity.
view the chart on ytube in full details last updated on 17.01.2022
Thank you.
Vet/USDT Long By Eliot WavesHello Crypto Lovers
This is a 15Minutes-time frame analysis for Vet/USDT
In the current chart, you observe 2 or B correction waves that lead us to Up trend waves 3 or C
Warning: This is just a suggestion and I do not guarantee profits. I advise you to analyze the chart before opening any positions.
Wish you luck
BTC EW correction analysis: Bear variantThis count presumes that the entire move to 69k was a B wave. Which would explain why there was such an unclear wave 1 in the previously named wave 5.
We should expect a counter-trend move heading to the 0.382 of wave 3 which would overthrow the A wave slightly.
BE AWARE OF THIS TRAP! After that we should proceed lower with very strong momentum to finish the wave 5. Note that there has not been an extension in the 3...!
TLDR
There's a strong possibility that we have a short bull trend breaking 25k high slightly before resuming down
Bull variant will follow soon.
How to define the end of a correction based on time - EWHi EW Fans,
made you a CheatSheet how to define the end of a correction based on time. If you are sure about the start of a wave/impulse you can very easy define a possible time "vector" for the end of the correction.
Start of the impulse = Zero
Top of the impulse = 0.382
End of the correction at the common Fib numbers: 0.681/0.65; 0.89; 1; 1.272; 1.618 and so on.
If you combine it with a Fibonacci Retracement Tool (LogScale) you are able to define a price and time "vector" for a possible reversal or for the next impulse/wave.
Greetings
Silver Market near to bottom Silver got off to a good start and built a clean 5-part move through September 12, where it closed the wave at $20,020 per ounce. Expected after wave is a correction between the 0.618 Fibonnaci retracement and the 0.887 Fibonacci retracement. This area, starting from 18.4$ has silver now expired and with the entry of the territory of the (i) now the alternative wave (iv) excluded.
Silver is expected to change trend direction in the pink trend reversal area and complete the , then continue to rise higher in a wave .
Netgas Future goes dooooown Although the fundamental data would actually point to a price increase, I still see a price drop of around 30% for net gas before the upward movement can be sustained.
We completed the overriding wave in June 2022 and have been in a correction since then. Wave b was overshooting, which indicates a flat correction.
Thus, we should still reach the 0.618 retracement of the overarching wave at $4.612 before moving back up.
Icici Bank Elliott Wave AnalysisThe stock has very high liquidity everyday and has been moving in great impulse for last 2-3 months and now the correction is getting completed as expanding flat pattern.After the end of correction at the shown level the wave 3 impulse will start for the target of 1200 level in coming months.
AAPL outbreak Apple has now approached the wave 1 target area and is below the 0.618 retracement of wave (i). A turning point at $139.29 (0.786 retracement) is most likely. There, AAPL should complete wave (ii) and see values from $213.74 to $231.35 in wave (iii). So it looks very bullish for the largest company in the world and price increases of up to 50% could be possible.
Feel free to write me your thoughts on Apple!
paypal (pypl) on bullish trendPaypal (PYPL) shows a very clear picture in the chart structure. We have two possible scenarios here, whereby the alternative scenario only has a probability of 20% due to the sell-offs.
Thus, I assume that Paypal saw the low at $68 on June 29 and has been in a wave (1) since then, which was completed August 16. Since then, the stock has been building a clean a-b-c correction, where the c should bottom in the area between the 0.618 retracement ($81.36) and the 0.786 retracement ($75.52), and then sustainably rise in a wave (3).