APPLE Forcast in Weekly TImeFrameIf the trend line will be broke in few weeks ahead. we will see a significant retracement to 80.
We think there is an opportunity to buy apple in 80 dollars.
Elliottwaveretracement
AUDNZD Trade Idea - Elliott WaveLet’s discuss the price chart of the AUDNZD currency pair based on the Daily timeframe.
From the Elliott Wave perspective, AUDNZD appears to have completed Wave 3 (circle), and is now moving countertrend in Wave 4 (circle). The subdivisions within this bullish price move are quite clear. The most probable termination point for third waves is a 38% retracement, measured from the start of Wave 2 to the end of Wave 3.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, topped on April 4 (1st vertical line), and is projected to form a bottom on June 27 (2nd vertical line).
Based on this, we can expect prices to move lower to at least the 38% retracement level near the 1.0740 level. Price should find support at or near this level before we see one final push higher to complete Wave 5 (circle).
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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).
BTC Elliot Correction ABCLooks as though btc has completed a textbook elliot wave ABC correction.
btc is currently moving within this pitchfork.
The bottom of the pitchfork is lining up with an area of demand.
I think a return to 47,000 is likely.
somewhere in the next 2- 3 weeks is my guess.
This is not financial advice.
This is for my reference and record as a hobby trader.
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.
NFLX Elliott countLooking for a B wave bounce soon, would like to see this 4th wave end around 50% retracement. I would recommend calls....but not yet..... chart shows no sign of bottoming yet.
USDJPY Trade Idea - Elliott WaveLet’s discuss the price chart of the USDJPY currency pair based on the 480 minute timeframe.
From the Elliott Wave perspective, the price action appears to have completed Wave (5). The parallel channel also confirms this analysis. Additionally, most momentum oscillators are forming a bearish divergence pattern, which is typical at the end of fifth waves. Essentially the upside momentum is waning, and a downward correction is imminent.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, topped on April 1 (1st vertical line), and is projected to form a bottom on May 6 (2nd vertical line).
Based on this, we can expect prices to move lower from here. The actual sell confirmation would occur upon the breakout and close below the lower parallel channel. A Fibonacci retracement of 50% of the entire bullish impulse would be a likely support area.
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EWT: Tesla Has Brokendown The Corrective StructureTesla has broken down the corrective channel, and the price surged rapidly.
Currently, 3rd has reached 161.8% of wave 1. After completion of wave 3, the price will start its corrective wave 4.
Traders can initiate long positions after the accomplishment of wave 4 for the targets of 1056 - 1113 - 1210+.
GOLD - EW main count !! LongHello trader,
good mood and profitable deals! 💲
GOLD
2 hour chart
EW - Analysis
This is my Elliot Wave main count!!
EMA 10 - 13 - 20 and EMA50 in red are also geared towards EW.
EMA50 serves as a strong support. This should hold otherwise we should prepare for a stronger bullback or trend change!
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas!
APE ANALYSISAPE is interestingly forming a corrective Elliot wave 2 pattern on the 4 hours timeframe.
The "d" is the next resistance target after which a retracement to "e" (support) will occur before we could see a new "ALL TIME HIGH".
You can buy around $12 - 12.25, set your stop loss at $11.82 and take profit at $13.10 - 13.4 for quick profit.
If all analysis fails, (which is very, very unlikely) then we will see a retest of the 0.78% Fibonacci retracement level around $9.4.
$ES1 ~ Bears gotta relax...I know, I know... Bears wants those shorts to print hard, but we are not seeing this in the forecast...
Expecting further upside soon...
Relax, Be patient, and EnJoY the Waves...
GBPJPY Trade Idea - Elliott WaveLet’s discuss the price chart of the GBPJPY currency pair based on the 240 minute timeframe.
From the Elliott Wave perspective, the price action appears to have completed Wave B of the corrective sequence just beyond the 78.6% Fibonacci retracement level. GBPJPY is currently progressing in Wave C down.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, topped on April 6 (red vertical line), and is projected to form a bottom on June 13.
Based on this, we can expect prices to push lower from here. The confirmation will come upon a breakout below the lower channel line and is likely to find support when it reaches a 100% Fib extension of Wave A.
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Nasdaq 60 min Elliott Wave updateLooks like also C of B of (B) is a straight line. First target hit and smashed. Next probable targets the Fib's on the chart.
XAUUSD Gold looks like we have completed the impluse wave , and right now i feel we are in correction or it can a impluse wave too so i feel after few retracents we will meet over there , let's see
Ideal Elliott Wave Retracement
Ideal Retracement
The retracement started with Wave A, then Wave B and C
The Wave B will be 61.8% of Wave A
The Wave C shall casually about Wave A, more importantly it shall squeeze below point A (which is also around lower zone of Wave 4)
The entry point shall be on the candle to bullish signal.
Target to challenge previous swing high of Wave 5.
May the Dip be with you !
SPY: Sell Zone is 480-490. New ATH by MayAs we expected, SPY completed its 4th wave and tagged the .382 fibonacci retracement of the 3rd wave. Now, SPY will begin a multi-week rally that will take price to the $480-490 level by approximately the beginning of May. Then you will want to "Sell in May and go away" because SPY should then retest the $430 level for support. Still on track for $550 by Q4 22 or Q1 23.
Elliott Wave AnalysisAs you can see the wave 2 just got completed, what do you guys think the next move? For me it will go to the moon the market is still bullish but the price action is bearish. Lets wait for confirmation to go long. Always use risk management when trading, do not fomo, do not be greedy and happy Trading everyone
Nifty spot Intraday levels Here are some levels marked on Nifty spot chart for intraday importance
Wave Structure could be like this.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
QQQ: Sell Zone is 381-387QQQ is finishing up its 4th wave pullback, and should begin to rally towards my target zone of the 2.382 - 2.618 fibonacci extensions, which corresponds to a price target of about 381-387 for Wave 5. After that, QQQ should have a larger degree 2nd wave pullback to about the 330-340 region, so you will have plenty of time to add to your position in the coming month or two.
MSFT: Sell Zone is 325-330MSFT is finishing up its 4th wave pullback. Mega caps don't typically experience deep retracements, so the .382 retracement is the perfect buying zone. In the next day or two MSFT will resume its uptrend to complete its 5th wave up to the $325-$330 region. After that, MSFT will experience a 2nd wave pullback to approximately today's levels.
NVDA: Sell Zone is 310-320As expected, NVDA is completing its 4th wave pullback. It should begin its uptrend in the next day or two. Upside target zone for W-5 is around the 3.382 extension, which is about $310-320. After that, NVDA will have another deep pullback to about today's levels, so there will be plenty of opportunity to add if you do not currently have funds available. I will be selling CCs against my shares once we reach the 310 region. Always stay patient and never stay married to an idea if price begins to tell a different story.
GRAT beating almost done, looking for bottom low 60 cent rangeGratomic is focused on high-grade, natural graphite deposits in desirable mining jurisdictions with well-developed infrastructure. Look for an RSI recovery, with positive CMF and MACD divergence.
