EURGBP long If this is a flat correction we expect the EUR to rise until the beginning of A. Very nice entry with high risk reward ratio
Eliotwave
LTC USD - Litecoin - Watch for a sellsHi traders, keep your eyes on Litecoin. Watch for sell if the price will break to the downside strongly.
USDJPYFrom the technical point of view this could be the final wave up with ending diagonal. Also by looking in the past when the stock is falling yen is very likely appreciate over the us dollar since yen is the safe heaven for the investor. We could see a potential drop in uj this week.
Eliot and wavesFirst I've cleaned my chart :)
then I added a simple cycle to it.
Right translation as the Trend of the larger Cycle Moves up shows a bull market in 10 days cycle.
If I be right Eliot is complete and wait for next move. (Mar 17 or 25 Mar).
I wish it happens because I gamble on it and full my pocket.
I am not pro and it is not a trade advice.
GBPJPY GBPJPY is now performing (B) From (C) wave
The Pullback will be from the key level between 143.99 - 144.20 Or for more secure trades we can start short after the break of the upward channel and complete C wave down
USDCAD Watch before SELLINGHi traders,
Keep your eyes on lower time frame to see which direction will appear. From the spot where it is right now you cannot do anything, simply just wait and watch the price will tell you if we are going one more up or we will drop now.
EXY Long IdeaHello,
this week 24-28 EXY will long? What Do you think my analysis please let me know your comments ans stay with me.
Thanks
Bitcoin is waiting for the shot
Hi all. I published after analyzed on bitcoin recently. Bitcoin is on the rising wedge pattern. It be inevitable to drop as it is natural at the rising wedge pattern. So, The question is afterward how deep it would be. On the other hand, Based on the Eliot wave Principle, The correction Flat now on can be ended in Running flat or Irregular flat as marked on the chart. The common denominator I see on either flat is that 9069USD is hard target to be reached. It's little chance to go down to 8800 or further. If bitcoin drop and has bounced off after being supported on two horizontal blacked lines, I see it a sort of sign that bitcoin had finished off its battery to go up to higher after a quick break.
Let's see how it unfolded
thanks
Exciting and interesting moments. Some mid term scenario's: from extreme bullish to finding the last bottom:
Small triggers can be enough to create a fast break out, followed by an early FOMO reaction. We are really close. The other extremely scenario is a pull back to the down trend again. Not a very likely, but there is even a small change we need to finish the Eliot wave and find the very last bottom.
I really hope to something in between, so we can build up a strong fundamental base for a healthy bullrun in the next 1.5 year. A longer period for the bullrun is even better to give bitcoin and alts the change to improve their technology and acceptation by institutions and governments.
Lets see what comes folks!
London make a new support on 8540$Hi, After BTC make a new high we wait for a new support, London make that.
I count some wave, Next target should be 8830(Wave 5 Yellow)
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dx by wolf wave patterns and elliotdx reach top of downtrend channel formed after breakout of red wegde. I hope this top will hold for a moment and we continue forming corective wave B which should move dx down and price should jump again inside purple wegde and hit bottom of this wegde where we should finish this wave B, then we can finally start forming last corrective wave C ( DX up) and reach range from purple wegde. if dx break up downtrend channel then usd up:)
DXY Watch for SELLHi traders,
I see that there is a running flat in the making. But it is not confirmed yet.
So what we should do?
We have to wait for a lower time frame confirmation. Confirmation needs to be at least 5min or 15min correction.
gold next 2 moves in advance for up comming days.gold next 2 moves in advance for up comming days just trade with proper risk mangement.
Buy levels for btc Bullish stage Elliot waves correcion basedi take the 30 min chart to explain clearly the main levels by trading btc this week, if the trend line broke down i gonna change my vias
BTC/USD Possible 16:1 Bull SetupThis whole concept is also confirmed by eliot wave theory, if we break below 7820 we will invalidate the count for a 4th wave and most likely continue going down. As a setup this is a 16:1 ratio, which in my book is amazing.
TSLA's Overvalued zoneCharts are clear that were nearing the top of this impulse wave (5 waves identified, 88 RSI value). TSLA could retrace to the 0.618 or 0.5 FIB level as this seems mega wave seems to be wave 1 for a new bull cycle or it could be a continuation of a channel that started in 2014 (in comments). Anyways time will tell.
USDCAD Eliot and Fibo USD CAD gives us straight eliot wave on these days.And i think target is near to 1.41.But between 3rd wave and 4th wave there is a line drawed with red which is should broke for confirmation of this eliot wave.If fibo 0.382 would broke to down we should think it as breach to our eliot.But i think probably eliot 5th wave will come true.
