Short on the EURUSD I think wave 1 and 2 has already completed for the down trend so I'm taking a 14RR gamble to short from here.
Elliottwaveforecasts
Dollar Index - Two Paths For Q1 Based On Elliott Wave Dollar has shown a great volatility in terms of sharp and strong movements in the last few years, this instrument defiantly have a lot to prove to us before we change our long term view from Bearish to Bullish.
Primary Count : Tracking the move from Jul 23 as an incomplete correction, missing one more leg higher towards the 108.28-110.36 area before the next drop occurs.
Alternate Count : Consider the correction as already completed and anticipate a further decline of the US Dollar until the elections later this year.
For next few weeks, we want to be more bullish in any case and see how market will react from 105.00 but let's see...
Hellena | GBP/USD (1H): Short to support area of 1.26186.Dear Colleagues, in the coming week I suppose that the price will go down. Tentatively, I expect a correction in wave b, followed by a price decline to the support area of 1.26186 with the completion of wave c.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Cams giving confirmation of wave 2 of 3I hope this message finds you well. I would like to provide an analysis of the current market situation for Computer Age Management System (CAMS) based on the Elliott Wave Theory. Please note that the following information is for informational purposes only and should not be considered as financial advice. Investing in the stock market involves risks, and decisions should be made based on thorough research and consultation with a financial advisor.
Analysis:
CAMS appears to be in the midst of Wave 2 within the larger context of Wave 3. Currently, the focus is on the C wave of 2, indicating a potential opportunity for investors.
Strategy:
We are considering entering the stock when it reaches our predefined "greenbox," which we believe offers an attractive risk-reward profile. This decision is based on technical analysis and the expected movements within the Elliott Wave pattern.
Disclaimer:
Risk Warning: Investing in financial markets carries inherent risks, and past performance is not indicative of future results. The value of investments may fluctuate, and investors may lose their principal amount.
Elliott Wave Theory: The application of Elliott Wave Theory involves subjective interpretation and may not always accurately predict market movements. Investors should use it as one of several tools for analysis rather than relying solely on this method.
Market Volatility: Financial markets are subject to sudden and unpredictable changes. The information provided does not account for unforeseen events or sudden market shifts that may impact the stock.
Consultation with Financial Advisor : Before making any investment decisions, it is crucial to consult with a qualified financial advisor. Individual financial goals, risk tolerance, and investment horizons vary, and personalized advice is essential.
No Guarantee of Returns : There is no assurance that the proposed strategy will lead to profitable outcomes. Investors should be prepared for the possibility of losses and carefully consider their risk tolerance.
In conclusion, the decision to enter CAMS should be made cautiously, considering the risks involved. It is advisable to conduct further research, monitor market conditions, and seek professional advice before making any investment decisions.
Please feel free to reach out if you have any questions or require additional information.
Regards
Hellena | USD/JPY (1H): Short to support area of 143.811.Dear colleagues, I believe that the price is completing a five-wave impulse and I expect a corrective movement to the support area of 143.811.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (1H): Long to resistance area at 2058.201.Dear colleagues, after such a strong upward movement we saw an equally strong downward bounce. At the moment I believe that there are still some untouched sell orders slightly higher. I believe that the price will reach the resistance area at 2058.201. After that I will continue drawing Elliott waves.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | Oil (4H): Short to support area of 70.81.Dear Colleagues, I believe that wave 5 is not fully formed yet, so the price will move down a bit more. Presumably to the support area of 70.81. After that I expect a strong corrective movement.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Gold's Elliott Wave Forecast: Bullish Waves on the HorizonGold has been in wave 4 correction phase since early May, following the completion of an upward surge (impulsive wave 3) at 2068.382. This correction took the form of a zig-zag pattern, and can be subdivided as follows:
Wave A of the larger wave 4 concluded at 1893.060, spanning approximately 2 months.
Subwave B took the shape of a contracting triangle and lasted for roughly 3 months, ending at 1948.034.
It appears that Subwave C has wrapped up at 1815.799, marking the completion of wave 4.
Currently, I anticipate a significant upward movement in the form of a five-wave impulse on this precious metal. My medium-term target for this anticipated uptrend is 2093.078.
Hellena | GOLD (1H): Short to support area of 2052.277.Dear colleagues, last week we saw a strong upward price movement. At the moment I believe that wave 5 is almost complete and I am considering a correction (a b c) to the support area of 2052.277.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (1H): Long to resistance area of 2052.185.Dear colleagues, I believe that the price has completed wave 4 and is currently continuing wave 5. The nearest target is the resistance area at 2052.185. Once this area is reached, I expect a price reaction and will revise the data.
It is possible that the price will still touch the support area before rising.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Long to resistance area at 1.09582.Dear Colleagues, I believe that the price has completed wave 4 and is now starting wave 5. The nearest target is the resistance area at 1.09582. Once this area is reached, I expect a price reaction and will revise the data.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Short to support area of 1.08664.Dear Colleagues, the price went up confidently and now I have redrawn the waves. Perhaps the price is completing a five-wave structure and soon I expect a correction to the support area of 1.08664.
From now on I consider only short positions!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | USD/JPY (1H): Long to rresistance area of 149.703.Dear Colleagues, I believe that the price is completing the corrective wave 2, which may go down to the support area of 147.656. After that I expect the price to rise at least to the resistance area of 149.703. If the Invalidation level is reached, the scenario is canceled.
At the moment the most important thing is to understand where the end of wave 2 is.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Short to 100% Fibo 1.08054.Dear Colleagues, this scenario is an alternative to the previous one. It is quite possible that the price will continue to decline at least to the area of 100% Fibonacci extension 1.08054. Wave 3 is never smaller than wave 1.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | USD/JPY (4H): Long to resistance area of 150.148.dear colleagues, I assume that the price has not completed the upward movement. At the moment I see the movement of wave 3, which will reach at least to the resistance area of 150.148. Perhaps the price will make a small correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GBP/USD (4H): Short support area 1.24007.Dear colleagues, the price has reached the Invalidation level. This means that wave 5 has extended higher. At the moment I consider the possibility of price decline in correction a b c to the target support area 1.24000.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Predicting DAX H4 With Elliott Wave CountCurrently unfolding V Wave On H4 DAX.
I'll watch for end of V Wave, I would like to see divergence on RSI and 5Waves with overlap as end of impulsive wave V.
If you play longs on lower TFs be carefull for overlaps and watch out for dump on the end of V.
Also keep in mind Invalidation levels.
More info in Chart
Hellena | EUR/USD (4H): Long to resistance area of 1.09716.Dear colleagues, I believe that the price is completing the movement in the corrective wave 2. Perhaps the price will renew the minimum, but in any case I expect the price to rise at least to the resistance area of 1.09716. This will be the beginning of wave 3.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
NIFTY recovery startsThe end of correction is evident by today's price action. Engulfing entire 'C' wave.
Today smart money bought slowly and steadily reached above 19452 .
5 wave downward push is completed and it is visible on EOD chart.
buy at 19300 pull back next week for handsome profits
SOL to $75 before entering new lowsA typical bear market rally consists of upbursts in quick fashion.
If the first 5 waves down weren't so obvious I wouldn't have gone for a ABC in retracement.
And now looking at it it doesn't make any sense.
The overall crypto market shows a lot of strength.
So for this to play out there must be coming an unforseen event.
BTCUSD: The beginning of a wave 4Are we getting close to our first real correction since the beginning of the pump of September?
As you can see in the graph, I decomposed the BTCUSD in elliott waves in 5 different timeframes. Here are the details of the decomposition:
1W: decomposition of 3rd wave monthly
1D: decomposition of 1st wave weekly
4H: decomposition of 3rd wave daily
1H: decomposition of 5th wave in 4H
The end of wave (v) in 1H (with a magnificent ending diagonal, which explains why wave (iv) overlapped with wave (i)) signs the end of the wave ⓹ in 4H , which means the wave 4 in daily should happen anytime soon.
I expect a retracement of 23.6% of wave 3, which is very usual in the case of the BTC, reaching the support at 34,000 USD.
GOLD Wave CountElliott wave count on Gold suggests additional upside as we seem to have had a three wave move in what could be a wave {ii}.
Feel free to ask question, leave a like if you enjoy the content,
Trade Safe!
Expanded flat BTC?This is why it could be done already
Matches perfect for an expanded flat!
If this count is incorrect ==> Check my related idea at the bottom
I hedged my long position with a short ==> Entry $36,580
Good luck all <3
