Get started

EW

USDCAD in front of highAfter the rapid rise of recent weeks, should be at 1.395 end for now. Looking at the sub-waves of the last movement, today's high could also have already ended the wave. For reasons of clarity, I have not drawn these with. There are two options afterwards; either the pair rushes massively into the depths towards 1.12 or we only see a correction into the area of 1.344 to form a high at 1.541 afterwards. Looking at the pair itself, I would prefer the path towards 1.12, from here it could even go further down, but looking at the dollar strength and taking into account the targets in the other pairs, the scenario presented here as ALT should come to pass.
Short
by Elliott-Waves-2_0
GBPUSD longterm viewThe pound should probably be on the verge of a correction to the 1.24 area after the crash of the past few months. However, the final low in the area between 0.90 and 0.94 is still on the agenda to follow this correction. It would also be conceivable that the large correction of 1985 to 2007 represents an x at a higher level. This would intensify the downside potential significantly further and the target on the downside would be between 0.53 and 0.87. However, I am assuming the z scenario, as this is more consistent with the waves on shorter time frames.
Short
by Elliott-Waves-2_0
Ethereum going downHello everybody! It's time to reconsider all crypto, because the correction that lasted from June until August I believe has finished. There was a small chance of a last 5th wave in both Ethereum and Bitcoin, but since Bitcoin crossed his invalidation line, I don't see any other scenario other than down. It was a nice flat from 880 to 2031.56 with a C leg which got almost 262% by Fibo. Time to move on and look for a short position now. I personally don't believe in any huge bounce from the current local low of 1423, but who knows it's the market. Looking for a further plunge. Good luck trader!
BITSTAMP:ETHUSDShort
by nanfinance
1
SHOUT OUT TO CRYPTO SAVY! AMAZON CRASH PATTERN IN BTC!I think there is a possibility that CRYPTO SAVY might nail it with his AMAZON / BTC comparison that he called out on December 2nd 2021. Looks like it's playing out perfectly so far. I'll just add the EW count that i think this crash will be to SAVY's analysis. I think we are in a "WXYXZ" complex correction (as shown in the chart). I also think we will drop under the 2018 BTC low and bottom somewhere between 1.3k to 2.8k. Let's see what happens....
BITSTAMP:BTCUSDShort
by DesertAnt_
2