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Elliottwaveprojection

WTI ($USOIL): Short Term Bullish SetupAfter OPEC's announcement to cut production, $WTI soared after the open. Now, from a technical point of view it should be correct to try again to take long positions on a potential pullback. STRATEGY: Try to take a long position by splitting the position, 50% around $78 and 50% around $75. Stop loss below $71 (hourly close). Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖 Cheers! N.B.: Updates will follow below
OANDA:WTICOUSDLong
by TheAnonymousBanker
GBPJPY Is Consolidating Within A Bullish Running TriangleGBPJPY pair is still at the highs on a daily chart, which looks like a consolidation within uptrend, ideally as a bigger bullish running triangle pattern within higher degree wave (4). The running triangle is a region of horizontal price movement, a consolidation of a prior move, and it is composed of "threes." That means each of the A-B-C-D-E waves have three subwaves. Currently we are tracking final stages of a complex w-x-y rally into wave D that can cause another wave E slow down. So, once a triangle fully unfolds, be aware of a retest of the highs for wave (5) of a higher degree wave C/B.
by ew-forecast
S&P 500 (CFD): Sell every technical rebound in short term?...from a technical point of view and looking at hourly chart, the answer is "yes"! Hello everybody! If we look at the whole bullish movement started from 22 October 2022, it doesn't seem to me an impulsive rally, far from it! The developed swing seems to be something similar to a corrective structure (ABC Pattern as shown on chart), and if this analysis is correct, $SP500 should trigger an interesting bearish leg with targets around 3710/3650 area. Today and tomorrow very important US data will be released and we must not forget that if the data will be good it is possible that the market reacts on the opposite side.... If we look in the long term, I am absolutely a bearish as well as shown in the chart below. (Click & Play on Chart below) Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖 Cheers! N.B.: Updates will follow below
OANDA:SPX500USDShort
by TheAnonymousBanker
16
HDFC BANKHello and welcome to this analysis From COVID lows in this weekly time frame its appears to be in its terminal 5th wave. After making an expanding diagonal (horn) in a sideways corrective its now set for an attempt for a new high which could see a medium term top formation in it. As per Elliott Wave after 5 up waves a stock goes into a corrective, since this is weekly (3 years of rally) the next correction can be deep in terms of both price and time. We might see a lot of positive news being announced over the next few weeks as it advances into new territory, which is the norm when a stock appears to be concluding its entire wave structure. An ultra bullish count would suggest stock sustaining above 1800 else this path is likely to be correct. Short term trading bullish Medium term exit on rally
NSE:HDFCBANKLong
by Dinesh_C_Nagpal
1
ETH - UnTiL wHeRe tHe BuLL RaLLy WiLL gO ?Greetings traders! I am sharing to you today one of my COINBASE:ETHUSD Elliott Waves analysis. That one is bullish until the summer '23 Fibonacci Extention from the bottom of the orange W to the orange X in order to find the orange Y Fibonacci Retracement of the purple WXY, in order to know where the objectives converges to be more precise Fibonacci Extention of the blue (ABC) to find the blue (C) Fibonacci Extention to find the green extention 3 wave Fibonacci Retracement to find the green extention 4 wave Fibonacci Extention to find the green extention 5 wave * * BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves, from the greatest analysts books, into a clear, simple and explicative way, Contact me in private if you are interested * * Don't hesitate to comment and check my other idea
COINBASE:ETHUSD
by ModTrades
2
DOGEUSDT | Wave Projection | ABC Pattern TP +60%Wave projection combined with price action and chart pattern trading signal > After a sideway breakout of mega falling wedge - the price pattern breakout of MA200 and made 2 false breakdown with a doubled bottom formation. > A potential ABC uptrend pattern now retesting MA200 confluent zone support at key volume profile POC and golden cross MA20x50. > If breakout successfully - TP1 @ 0.618 retracement +60% , TP2 @ 1.0 of Wave A +100%+ > Pullback Entry S1: MA200 - 0.80, S2: 0.74, S3: 0.68
Long
by dukeposh
PLANB | Elliott Wave Projection - Leading Diagonal 5-WavePrice action and chart pattern trading > Wave projection - Leading diagonal pattern with a possible 5-wave uptrend > Entry @ pullback and breakout downtrend line wave 2 and wave 4 near lower support of uptrend wave channel. > Target @ previous primary wave 3 | 0.786 - 1.0 zone +30% upside > Stoploss @ upcoming wave 3 and upcoming wave 5 zone -10% downside > Risk reward ratio 2:1 Always trade with affordable risk and respect your stoploss
SET:PLANBLong
by dukeposh
Silver set to explode. According to my Elliott wave analysis, Silver is in the early stages of a third impulsive wave, which is part of a larger third impulsive wave. This is the most explosive wave, with significant price gains expected. The recent breakthrough of a crucial Fibonacci resistance level at $24.66 confirms this outlook. With this level breached, silver now has a clear path to reach $45 in the coming months, with a potential fifth impulse wave pushing it to around $83. Brace for some serious excitement in the coming months!
TVC:SILVERLong
by joerivdpol
GBPJPY gunning for 166.76GBPJPY has failed to hold below 164.38 which failed my bearish conditions and has changed my view on the price movement. GBPJPY has been bullish for the past 1 week and I think it is consolidating so it can move higher and at this point, I am bullish biased on this pair and would recommend everyone look out for buying opportunities at 164.00 - 163.70 region. 👉 Price is above the 200EMA which clearly means we are still bullish 👉 Price has broken multiple resistance/supply/downward trendlines over the past couple of days 👉 Price is in a 5 waves progression and I believe wave 5 is currently unfolding, which puts my first target at 166.76. I would recommend everyone to buy the dip, and as long as 163.44 holds uptrend is not over yet. I would love to hear your views concerning GBPJPY. Please like if you agree and follow for more updates ❕❕❕
Long
by owlswift_fx