Hellena | EUR/USD (4H): Short to support area 1.07693 (Wave 3).Dear colleagues, I assume that the price has finished corrective movement 2 and starts impulsive movement 3. The first target is the support area 1.07693.
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Elliottwaveforecasts
Hellena | Oil (4H): Short to support 78.40 (Wave C)Dear colleagues, I assume that the price is starting wave C. The nearest target is the support area at 78.40. After reaching the target, I will consider only long positions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Ethereum: one more low before takeoffHello,
looking for one more low to complete wave c of (ii) before we could se any sort of upside resumption.
By making another low we will also touch equality of c vs. a which is usually a place where we can expect support from
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Tesla: Low in Place?I have been anticipating this pullback for a while now. Looking upside confirmation, even if we already have some interesting signals that could identify the resumption of the uptrend.
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Feel free to ask questions,
Trade safe!
Where is Gold Going?An interesting wave count for gold which seems to be correcting.
I could expect a flat wave B to then go back lower as drawn and hit the peak volume where price is circled.
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Feel free to ask questions, trade safe!
Possible BTC price buttoming around 21kJust an idea .... this is a possible price action which could develope. It could also be like zig zag pattern, but whatever the shape is, should be appr. inside the bearish channel. We might also head out here and there but then get back in again... . No boday knows exactly how it will be, trading was always and will be a game of probabilities. Trade safe folks :)
Dow Jones 3000$ predictedHere you find attached my old forecast for the DJI where I was calling a bottom and looking for upside resumption back in May.
We successfully rallied ever since and now we could see a little pullback to then reach wave (iii) target.
Feel free to ask me questions and trade safe!
BUY limit XAUUSD at 1937-1940 | Target 1960 to1980I use the Elliott wave and wave structure at H4 timeframe to come up with the following OANDA:XAUUSD trading plan below:
On the H4 time frame, I have found wave 3, and am waiting for wave 4 to form at the 38.2 Fibonacci price zone ( 1937-1940).
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My Setup:
Entry BUY: 1937-1940
Stoploss: 1925
TP1: 1960
TP2: 1980
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Thank you for your cmt and boost
Bajaj Finance - Short Target 5700Stock is making triangle as part of cycle wave correction. Though will not achieve its desired target down, expected to fall to 5700 in about 47 days (CMP 7027, -18.8% fall).
Swing traders will make it find support at 6536, which could be weak as that level was shortlived. Swing traders may also target 50% retracement of the current wave down to 6321 (-10% fall).
If this wave becomes wave 2 of primary movement upwards, then it should fall to 6138 (-13% fall) following 61.8% retracement rule of wave 1.
This current wave, demostrated all the powerful properties of wave C, and terminated with a perfectly making ending diagonal, making it an aptly fit candidate for the horizontal triangle, being the base theory.
Turbulence areas - 5800 levels being a demand zone.
I am targeting short to 5700 levels in about 47 days.
Disclaimer :
The views hereinabove are my personal views, for the sole objective of seeking comments from community on the analysis. Notwithstanding above, it should not be construed as any guidance, advice or offer to enter into any transaction or investment by the reader. The readers must consult their independent financial advisors before initiating or otherwise dealing with the security mentioned herein, without relying on the contents herein. The author shall not be responsible or liable, whether directly or indirectly, for any losses, pecuniary or otherwise, arising from the use of above analysis or information, whether to the reader hereof or any third party.
Clean impulse on $CRCT - Wave 3 to follow
It had a clean impulse on the daily chart. Now with 61% retracement done, it would be a good idea to consider Wave 3.
Momentum Indicators are bullish on the weekly chart and it has taken a support from 40-week EMA. The candlestick is a hammer pattern as well.
Classic example of resistance turned into a support or in other words, breakout and a retest.
Morning Star Candlestick pattern on the daily chart which is a Bullish Reversal Pattern.
The setup has a Risk-Reward Ratio of more than 8 with the SL being recent low and profit level being the equality level by Elliot Wave method.
With parallel channeling, the approximate time for the trade can be expected around one month.
Dax-DE40 Perfect ForecastWe successfully reacted from the golden box, where I placed a long trade. Looking for further upside into wave {i} as we seem to find bullish structure.
Check out the linked idea on the DAX where you'll see my prediction before the bounce!
Feel free to ask me questions, trade safe!
Bitcoin potential bottom in placeLooking for further upside into wave {iii} as we seem to have a potential bottom in place.
We reached 61.8% of (c) vs. (a), where we ideally would have liked to reach equality. Looking for further upside and a break of wave (b) to then look for longs, or else we could double correct lower.
Feel free to ask me questions and trade safe!