Get started

Elliotwavecount

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
Long
by SFT_Analysis
1
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
PShort
by Beclinks_Capital
Elliot wave count of S&P 500 IndexCounting back to the 1800's. on a "Grand Supercycle" level, wave 3 began in the 1930's By the beginning of 2000 we began an inherently Large ABC correction, ending with an (easily observable, in my opinion) C wave after a "throw-over" B wave leading into the current primary wave 5. I believe that Elliot wave guidelines cannot be broken, Therefore labeling human events on a chart as the historically objective cause of particular market pullbacks/pushes are simply subjective What human events will occur in the next 15+ year ABC correction? What/Who will be blamed for what is going to naturally take place already? If you were fluent in Elliot waves during the 2000's - You would have known that a fail to break new highs would mean the beginning of a wave C. Correction lasted from 2000-2009. No US president or other world leader entering or leaving office can influence these unwinding patterns. This correction is coming, the only person to blame for losing capital is the individual or entity that chose to ignore the warning signs and failed to make the trades. The Federal Reserve System does not "prop up" the market as some believe. One can trade based solely on market technical analysis, real life events do not change that! if you were trading unbeknownst to current events, market direction would be always be apparent from the chart All market decisions technically made in singularity, unless you've entrusted someone else to make those decisions for you Look to the higher period moving averages on a daily tf during corrections, as the 20, 200, and 800 MA beat against the 1600 period ma. Wave 3 has lasted 80+ YEARS! Wave 4 correction is classified on a higher degree than correction spanning 00' - 09'
TVC:SPX
by williamdas
5