USDRUB EXPANDING ENDING DIAGONALUSDRUB Complete the Monthly Wave 5 with Expanding Ending Diagonal.
Now we have correction ABC or Downtrend with 5 Waves
Elliottwavecorrection
Bitcoin - What if I told you something like this is possible?There is an expanding symmetrical triangle (megaphone pattern) in Elliott Wave Theory. I'm not saying this is definitely happening, but if we see an impulsive reversal after dropping a bit lower, below wave ((a)) support, then it becomes a possibility.
This is the same fourth wave pattern we saw in the Dow where the March 2020 drop was wave E of the triangle. It's always good to know and understand the possibilities.
As I have mentioned numerous times before, it's also possible that wave 5 ended at the ATH. It's also possible that the ATH is only wave 3 and the current three wave pullback is wave 4. This is just one possible pattern that could play out. There are often multiple possibilities when price prints a range.
Btc can go to 24k and lower thanHi
According to previous analysis 3 days ago, bit fall to 30 k. This decrease can reach to 24 k at the first stage.
Have good trade
New primary countWith this most recent drop, everything clicked into place. Eureka!
Triangle is off the table, huge 1-2 as well. The only real alternative is long term top in or that this whole thing is not an abc, but a wxy -> same target, just different internal structure.
We'll see how this progresses, but this has a very high probability of playing out.
KAVAUSDTWave A of Y is completing. After completing the 2orB correction The wave, the price starts to rise.
Double zigzag correction in Dax, sell signalHi
A correction of Dax is not completed and we are in double zigzag correction.
By the Elliot wave analysis, the entering point of sell opportunity, stop loss and take profit is shown on the curve.
Have good trade
Yours
Huge fall in Bitcoin is started, sell sell sellHi
In btc, we are lower than 37500 and means that the powerful wave 3 of c wave of correction is began. Bit can fall to 19k-20k
Have good trade
Bye
Vanguard Russell 2000 | Huge ABC correction inbound | $VTWOA five wave primary Elliot wave cycle has ended. A primary ABC correction will now take place before another primary downtrend begins. After two bear cycles there will be consolidation and reversal. Bull trend will follow consolidation.
1.) We have a right angled broadening bottom in progress
2.) We have an Adam and Eve double bottom on 1 hour and 5 minute charts
3.) The market is at exhaustion as the price cannot go lower than the mornings dump
4.) The daily chart show that the 5 elliot wave has stopped exactly at Fibonacci extension 1.236 of the 4th wave
SCALPING ETHGood day traders,
**FEEL FREE TO UNZOOM THE CHART THE GET EVERYTHING and LOWER OBJECTIVES**
Today we keep looking at the ETH movement finishing its second X of the WXYXZ.
1/ It has reached its FIRST objectives at 2633
///-----> 123% of the C of the white ABC
But it is supposed to hit lower, where you have stronger objectives, and it is the same for the BTC and for the NAS100.
2/ Therefore the SECOND objective is at 2543
///-----> 161,8% of the C of the white ABC
////------>113% of the C of the red ABC
3/ Moreover, the THIRD and strongest objectives is at 2510-2473 minimum
///-----> 123%/127% of the red ABC
////------> 127% of the C of the orange ABC
/////-------> 85,4% retracement of the Y
Larger WXY correction is in play???
WXY or Double Three One of most time consuming correction and also known as good accumulation process if this prediction is correct we might see lower levels as deep as 33-32K
here is my 2nd scenario for WXY correction
now we have to think about B wave already completed and we are making some form of Diagonal in C wave
Diagonal often hint the final push of bear or bull market !!!
BTCUSD Elliot Wave Count - Primary DegreeBitcoin is currently in Cycle Wave III and Primary Wave 4
This is my Intermediate count on BTCUSD:
Forecast for 2022 is mostly bearish as BTC is in a complex WXYXZ correction. There might yet still be more bullish oppertunities on the Minor degree as BTC is still within an Intermediate triangle formation.
I am not a financial adviser, that job sucks balls!
BTCUSD longterm path ?Just a idea based on a possible elliot waves / fibonacci chart.
If we take the big move up weve had as a impulse wave, and after that see the second high as a wave B in a irregular flat elliot correction wave. which has a C of 1.236/1.618 from wave AB. this would be te outcome. aligning with fibbonaci levels, horizontal and diagonal support/resistance levels.
Give me your feedback!
GBPAUD LONG - DEMAND, RSI, ELLIOTT, LIQUIDITYHello friends,
We are at a demand zone which caused a break of structure above. There is RSI continuation as well as reversal divergence. In addition, triangle correction wave is completed as well. We are seeking trendline liquidity above.
APE 3 NEXT MOVES PREDICTION BASED ON ELLIOT WAVEIf there is one thing I love about APE it is the way it respond to Elliot Wave analysis.
Wave 1 ending at $17.298, wave 2 respected the Fibonacci retracement level of 0.786% at $9.505 then consolidated forming the a,b,c,d,e corrective Elliot wave 2.
After breakout we see the 1.00% Fibonacci Extension perfectly at $19.580. (now this is where the trap occurs most time this level are not perfectly respected they tend to poke out a bit) and that is why I have set a tight stop loss above $19.580 but I am confident based on how APE has been respecting these levels perfectly.
And yes this is what I love about APE!
Furthermore the next retracement downward (you can take a short position at set target at ($17.150 - .120). If APE continue to behave nicely as it has been doing then we will see upward movement from ($17.150 - .120).
LICHSGFIN : READY FOR THE NEXT WAVE : ELLIOTT WAVE 3LICHSGFIN : After giving a breakout from a wedge pattern, It has completed it's first waves 1 & 2. Now ready for it's next move wave 3.
-Definitely not SEBI - Registered. So, this is only for educational purpose.
AARTIDRUGS ON HIGH! : ELLIOT WAVE FIVE - UPTREND AARTIDRUGS, after giving a breakout from wedge, looking for a breakout for the a,b,c, correction. One may enter after breakout and retest by following strict stoploss.
-Definitely not SEBI - Registered. So, this is only for educational purpose.
Two great position in btcHi
We are in flat correction on btc. In this analysis , we are in ending diagonal wave that has ABC structure.
Two great position in btc will be existed, next two or three weeks later.
Have good trade
Yours
GBPJPY Trade Idea - Elliott WaveLet’s discuss the price chart of the GBPJPY currency pair based on the 480 minute timeframe.
From the Elliott Wave perspective, GBPJPY has completed a 5 wave impulse up of two degrees, specifically, Minor Wave 5 and Intermediate Wave (5). The price has recently broken below the bullish channel of Minor Wave 5. Most momentum oscillators are also forming a bearish divergence pattern.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, topped on April 18 (red vertical line), and is projected to form a bottom on June 28.
Based on this, we can expect prices to head lower to at least the 38% Fibonacci retracement level of the prior impulse. This will serve as the first area of support, but price should move beyond this level at some point thereafter to test the 50% Fib retracement level.
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Fall to 1860 for goldHi
We are in ABC correction on elliott analysis and gold can down 1860-1900 and below in this theory.
Have good trade
GBPAUD Trade Idea - Elliott WaveLet’s discuss the price chart of the GBPAUD currency pair based on the 480 minute timeframe.
From the Elliott Wave perspective, the price has completed the 5 wave impulse sequence down on April 5. From that point, we have been trading higher in a corrective formation which appears to be carving out a W, X, Y pattern.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, bottomed on April 3 (green vertical line), and is projected to form a top on June 17.
Based on this, we can expect prices to move higher after the minor X (circle) is complete, which should be within the next few days or so at the latest. The price should continue until it reaches a distance equivalent to that traveled in wave W (circle).
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