NFLX is going to complete wave 4NFLX is going to complete it's retrace to 0.33 of wave 3. If this wave counting is correct, wave 5 will be formed after wave 4.
Elliotwavecount
Fall to 1860 for goldHi
We are in ABC correction on elliott analysis and gold can down 1860-1900 and below in this theory.
Have good trade
Tesla to $1700? Hey Traders,
As you can see on the Daily Line Chart of Tesla (TSLA). The price action has formed a Descending Broadening Megaphone/ Wedge which is a Bullish Pattern. Now in fundamental terms, I think this is impossible at the moment because Tesla already has such a big market cap but in technical terms, this looks like it could happen. Tesla is a company mainly based on fundamental terms, so that's why various short sellers pick it unaware it defies bearish technical analysis. However, on the Bearish side, the MACD on the weekly looks like it will revert to red bearish histograms, foreshadowing maybe a correction.
But, I highly doubt it will hit $1700 in 3 years.
Safe Trading,
-Pulkanator
Adam and Eve Elliot Wave count on QuantWhat you see here is a Adam and Eve patten with a Elliot Wave count.
3 Trade to be taken:
Wave: 2 Long:
Wait on entry below current price: $142 to take profit on around $187.
Wave 3 short:
This one will be a short because of the Grab Harmonic. This short is risky due the Adam and Eve pattern. Entry short should be around $190.
Wave 4: Long:
Wait for the pullback of wave 3 for a entry on around $160 and aim for the target 5 which could be around $200 - $216.
Wave 5: Short:
Between $200 - $216 is a big resistance. Together with the wave 5 confluence for a correction wave it's a good opportunity for a short trade. Target should be $160.
BINANCE:QNTUSDT
Bitcoin Elliot Wave UpdateWe continue to progress in the impulsive price action to the downside which in the larger degree wave cycle is playing out the WXY to the downside from the ATH level. We can clearly see from X wave top at ~$48,000 that we began an impulsive structure to the downside which has evolved to many wave cycles of varying degrees as shown on chart; we are now heading into the latter stages of this 5 wave impulse to the downside, of which we currently lie in the MINOR Wave 5 Cycle. The Wave 5 Cycle appear to have more downside to go with further sub waves developing; we appear to be in the 3rd wave of the Minor Wave 5 cycle which has not yet completed with further sub waves developing with an appearance of another leg down towards ~$37600 price level which is strong support in confluence with the outer warning line of the pitchfork.
With a strong area of support from ~$37200 - ~$37600 it is a likely 3rd wave destination of the Minor Wave Cycle 5, there is possibility of a move slightly below the orderblock for the 5th wave of this final wave; where often a failure/fake out wave can occur where exhaustion of sellers means price quickly rebounds above orderblock and closes strong; where we can assume some upside relief will occur although in corrective fashion. This could be interpreted as a form of stop hunting which often occurs in this space before a trend change.
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BTC MayThis is a possible outcome for Bitcoin over the next month or so. Make a copy and you can see the hidden layers with relevant fib/elliot levels and zones of supoport and resistance.
Ebay Long ScenarioMarket just finished 1-5 Elliot Wave Theory downwards and started an ABC correction, we are waiting for the last correction wave to complete which we are forecasting to end in around $50 making it a flat ABC correction.
Entry: 50
Invalidation: 48.54
Target: 60.62
ODFL LONG SETUPMarket just finished 1-5 Elliot Wave Theory Upwards and is on it's way to complete ABC Correction to the opposite direction, we are expecting market to bounce at 235 zone because it is 38.2% fib zone, and an institutional candle zone, after the bounce we are expecting price to reach our target which is at B point of an ABC correction.
Entry: 235
Invalidation: 222
Target: 329
MKTX LONG SET UPMarket is finishing1-5 Elliot Wave Theory we are expecting last wave to end on a ~243 Demand zone, because it is 61.8% fib retracement zone. our invalidation is just below demand zone and our target is liquidity zone market created while moving down.
Target: 424
Entry: 243
Invalidation: 218.81
SQ: Sell Zone is 170 -176SQ is forming a leading diagonal off the lows. The bottom is in for the near term, and price should head up to the sell zone at the 170-176 region. After that, price will pull back for 4-8 weeks to about the 110-120 level before beginning the big move up during W-3. Since W-3 topped at the 1.0 extension, I am targeting the 1.382 extension for W-5.
UBER: Sell Zone is 39-41Uber's 5-wave move off the low appears to be taking the form of a leading diagonal. W-5 within this larger degree W-1 should top around the $39-41 region near the end of April/Early May. After that, UBER should pull back to about the 31-33 region before beginning its W-3. Sell in May and Go Away
Ethereum Elliot Wave Analysis (BULL COUNT)This is looking like its gonna play out. Although this looks the most likely there are forces at play that could prevent this outcome. Although the bear counts are less and less likely. This is the count that you can count that does not require you to force or skirt rules. If anyone has a better count please comment I'd be curious to see what your mind could come up with.
BTC 70k+ Elliot Wave Target for completion of Wave 1 macroLooks like we are on the final leg of the final leg of a full 5 wave cycle from the inception of Bitcoin.
gbpchf longgbpchf long
elliotwave
supplyanddemand
all are invvolve
1 tp is 2rr
second tp is last high
COTI SHORT ELLIOT WAVE COMPLETIONMarket just finished 1-5 Elliot wave, we forecast 5 point is at 0..3320 zone because market formed a high volume institutional candle which should indicate price reverse.
Entry: 0.3320
Invalidation: 0.3420
Target 1: 0.3000 (this is a safe target, last demand zone, but we might break out of a trend and see an ABC correction down)
Target 2 0.2600 (50% fib zone of the whole uptrend)
AXA LONG SETUPMarket just finished 1-5 Elliot wave, broke a downtrend and started ABC correction ,we are expecting price to bounce at 57 zone which is 0.618 fib zone (Reversal zone) and also we can see an institutional candle in 4h timeframe.
Target: 104
Entry: 57
Invalidation: 48
R/R Ratio: 5.22
CAKE BULLISHMarket just finished 1-5 Elliot wave bearish and broke out of an downtrend, going up it created high volume institutional candle, we are forecasting to see a pump up retrace to our institutional candle and rise to 15.80 zone.
Entry: 9.94 (After retrace)
Invalidation: 8.73 (recent HL below buy zone)
Target: 15.80
R/R Ratio: 4.84
ADA LONG SETUPMarket just finished 1-5 Elliot Wave pattern and we are supposed to get an ABC in the opposite side, we just broke bearish trendline and price started consolidating at 1,216 zone, which is 0,5 fib zone of the last (5) Elliot wave, that's why we are forcasting that this zone is A point of an ABC correction.
Entry: 0,976 ( 0,5 fib zone of an A correction wave, institutional candle zone)
Invalidation: 0,835 (Recent low below buy zone)
Target 1: 1,836 (Bottom of an institutional candle zone which is visible in 4h time frame, 0,5 zone of the whole bearish trend)
Target 2: 2,377 ( Liquidity zone formed by a market while moving downwards)
R/R Ratio To Target 1: 6
R/R Ratio To Target 2: 10
GBPUSD:Elliot price action 1HIt seem's that the enter point at the chart is 1.3128 and go up to form 5th wave at the 1.3224 to complete the "C" wave .please Like and share my idea.thanks alot
PLATINUM LONG TERM WEEKLY TIMEFRAME
Corrective move down
Currently at wave (B) while wave A was a 3 Wave daily move down. What I expect to be wave C could also be a 3 wave (Y) down.
Either way the weekly timeframe is a corrective move down.
DAILY TIMEFRAME
Trading with the weekly trend down.
5 Wave move down was completed and noted as wave 1
A corrective (3-3-3-3-3) noted as wave 2 is complete
expecting a wave 3 daily down or a 5 wave down.
4 HOUR
Ideal entry zone
Probable time holding of this trade is 1-5 months : Not guaranteed just a projection depending on the timeframes
LOGITECH LONG POSITIONMarket finished full Elliot wave 1-5 and ABC correction, market has to fill the gaps it made going down so that is where are targets are.
Entry: 74 (Now because we just bounced off of an demand zone and 50% fib zone)
Target 1: 97 (First gap zone)
Target 2: 116 (Second gap zone)
Invalidation: 66 (Just below demand zone)
Correction WXYXZ ended: Up up upWe approached the 5th test on this leading diagonal to the upside with WXYXZ pattern (11 waves).
Looking for long position on Daily/H4/H1 timeframe.
Gold longGold long
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Supplyanddemand
Wychoff
All are involve
Management is in your hand
Tp1 20 pips
Tp2 50 pips
Tp3 102 pips
