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Elliottwaveanalyis

🧲 A magnet that does not attract (MGNT)🛒- EWA.«Magnit» - is the largest Russian retailer with the largest number of retail outlets and geographical coverage. ●● Mine scenario ● 2D LSIN:MGNT Admittedly, these red boxes with a terrible layout have always been alien to me. Having experience in retail chains, production and warehouse logistics - i can say - when you enter their buildings, you want to redo everything. It turns out that in the mood of investors in relation to this company, has the same confusion. From the top of the assumed wave ④ passed a three-wave correction in the form of a single zigzag, which, hypothetically, can be the first wave in the composition of the forming Leading Diagonal (1) . Of course, long-term purchases in this case can only be discussed if the diagonal is fully completed and the subsequent correction (2) of ⑤ has made. ● 1D MOEX:MGNT With a little difference, the picture is similar on the Moscow Stock Exchange . ● 4h MOEX:MGNT I plan to work locally in long at the end of ((b)) of 3 of (1) . ●● Alternative scenario ● 1D MOEX:MGNT Quite harmoniously, the descending wave from the top ③ has the form of an impulse . Which, however, can not be done with LSIN quotes, where if we consider the descending wave from 2015 as the first wave, then only as part of the Leading Diagonal. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
RUS:MGNT
by TradeWaves-EWA
2
EURJPY by ELLIOTT WAVE PATTERNSA triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E. A triangle is delineated by connecting the termination points of waves A and C, and B and D. Wave E can undershoot or overshoot the A-C line, and in fact, our experience tells us that it happens more often than not.
Long
by ElliottWavePatterns
📭IT holding of Russia at the start (MAIL)●● Mine scenario ● 1W The top of the triangle ((B)) of IV is passed. A single zigzag, presumably the fourth wave of the " Supercycle " wave degree, can rightfully be considered as completed structure. According to the most conservative estimates, the growth potential of wave V is more than 150 % of the current price. ● 1D The minimum structural requirements, the minimum norm for the second wave (2) of ① are met. Wave (3) growth is expected from the current prices. But keep in mind that the correction (2) of ① may show a deeper pullback to the levels: 21.80-19.15-16.90 . The two most relevant variants of transformation of the wave (2) are schematically depicted on the " 4h " interval with a dark background and black markings on the light count on the right. ⬇ ● 4h Dark background. A variant of the count with the probability of transformation the wave (2) to a double zigzag W - X - Y . The reversal targets for wave X of (2) are indicated by red Fibo levels and highlighted by a pink channel. Light background. The color marking, as the main scenario, will be confirmed if the waves ((i)) - ((ii)) of 1 are formed with the breakdown of the top B of (2) — " bull lvl " and are fixed above the upper boundary of the descending channel. Black color marks the count option with the probability of continuing the decline of the wave C of (2) in the form of a impulse or a wider diagonal. Scenario cancellation: breakout of the " bull lvl " level ( 2297 ). The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
MLong
by TradeWaves-EWA