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Elliottwaveforecasts

TEXTBOOK Ending Expanding DiagonalDino juice looking like a page out of an Elliot Wave Theory textbook. All rules have been illustrated to be present and not broken. This is probably the most extensive analysis I've done so I would love to hear any feedback. Always do your own due diligence. Supposedly these patterns are "extremely rare".. Ending expanding diagonal Rules (these are “hard” rules; they cannot be broken) A diagonal triangle always subdivides into five waves. An ending diagonal always appears as wave 5 of an impulse or wave C of a zigzag or flat. Waves 1, 2,3, 4 and 5 of an ending diagonal always subdivide into zigzags. In the expanding variety, wave 3 is always longer than wave 1, wave 4 is always longer than wave 2, and wave 5 is always longer than wave 3. In the expanding variety, wave 5 always ends beyond the end of wave 3. Guidelines (guidelines can be broken but it’s rare that they are) Within an impulse, wave 5 is unlikely to be a diagonal triangle if wave 3 is not extended. In the expanding variety, wave 5 usually ends slightly before reaching a line that connects the ends of waves 1 and 3. source: worldcyclesinstitute.com
TVC:USOILShort
by theroadtoprofit
4
Bitcoin - A third wave rally is underway.Bottom Line: A third wave rally is underway. The rise from 41141.39 isn't yet in five waves, which we want to see form to reduce the risk of yet another fake low. The surge through the end of wave ((1)) favors that wave 3 is underway. It will travel 1.618x wave ((1)) at 48851.27. (( )) denotes a circled number or letter Disclaimer : Prices can vary between BITCOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. The analysis information is for reference only and does not constitute an investment recommendation. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
Long
by gameover_
GBPUSD Flat Correction Can Reach Another Blue Box AreaShort-term Elliott wave view in GBPUSD suggests that a decline to $1.3160 low ended the cycle from October 20, 2021 peak in wave (A). Up from there, the pair is correcting that cycle in wave (B) bounce. The internals of that bounce is unfolding as Elliott wave flat correction with the sub-division of 3-3-5 structure before downtrend resume again. While the initial bounce in wave A unfolded as a lesser degree zigzag structure. Whereas the initial bounce to $1.3283 high ended wave ((a)). Wave ((b)) ended at $1.3169 low and wave ((c)) ended at $1.3375 high. Down from there, the pair declined in another 3 swings within wave B where wave ((a)) ended at a $1.3300 low. Wave ((b)) ended at $1.3339 high and wave ((c)) ended at $1.3170 low. Since then, the pair has started the C leg in an impulse sequence. Near-term, as far as dips remain above $1.3170 low the pair is expected to reach $1.3389- $1.3513 blue box area. From there, the next leg lower is expected to take place looking for more downside ideally. Or the pair should fail lower for a 3 wave pullback at least.
G
by Elliottwave-Forecast
EURUSD : expecting bullish waveHello everyone Before we start discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! EURUSD : the price is printing the correction model as the wave B or 2. we can expect a bullish wave as the wave C or 3. I determine the Fibonacci expansion wave 1 from end of wave 2. 100% Fibonacci expansion in near a strong resistant line and they form a strong zone for our target.
Long
by niktraders
FTSE Another Leg Lower is Expected To Take PlaceShort-term Elliott wave view in FTSE suggests that the rally to 7404.31 high ended wave ((1)). Down from there, the index is doing a pullback in wave ((2)) to correct the cycle from the 10/28/2020 low before the upside resume. The internals of that pullback is unfolding as Elliott wave zigzag structure where initial decline to 7198.76 low ended wave 1. Then wave 2 ended at 7311.94 high, wave 3 ended at 7044.3 low. Wave 4 bounce ended at 7161.91 high and wave 5 ended at 6989.66 low thus ended the first leg in wave (A). Up from there, the index made a short-term bounce in wave (B). The internals of that bounce also unfolded as a lesser degree zigzag structure where wave A ended at 7182.01 high. Wave B ended at 7083.21 low and wave C ended at 7378.92 high. Near-term, as far as bounces fail below 7378.92 high and more importantly below 7404.31 high the index is now expected to start the (C) leg lower. And expected to see more downside towards 6966.22- 6710.86 100%-161.8% Fibonacci extension area of (A)-(B). From there, the next leg higher is expected to take place or should produce a 3 wave bounce at least. Alternatively, if it breaks higher then the index might have done a running flat correction from the August peak.
TVC:UKX
by Elliottwave-Forecast
Gold elliott wave analysis today, idea for gold tradingDo you find for a Gold elliott wave analysis today ? This is an unique idea for gold trading on TradingView blog. I just use Elliott Wave as analysis reference. Keep in mind, here's an elliott wave gold forecast. The above chart shows only one case with 5 Elliott Waves of gold on the 4h time frame. Z Concepts is a free blog sharing how to use Wyckoff theory, supply and demand , Price Action and some other modern technical analysis methods. Follow to update more effective gold trading cases! ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. What method are you trading gold & forex? Please comment below
OANDA:XAUUSD
by UnknownUnicorn31399052