Considering the completion of 5 waves as well as wave 5 out of 5 which is incomplete, the possibility of correction is up to the desired range
this is an edition of the last idea, note that it's not valid without the trigger. targets of the C low will be updated .
I think yellow path will be the will be the Bitcoin's path. the correction will start from daily reversal zone and will continue untill the weekly zone, after that new ATH is high probable.
STX/USDT 4h time frame have a PRZ Between 1.331 ~ 1.360 when the fifth wave is completed, price enters the PRZ area (1.331 ~ 1.360) and if the momentum indicators(RSI / DT / STOCHASTIC AND ...) Confirms it, we can expect the price go to down.
Hello ladies and lads, there is a good opportunity in EURUSD. I have described the situation briefly in the following lines: 1- Pattern: 5 wave pattern (motive) of C of Bigger ABC. 2- Fib zone: 1st wave projection from end point of 4th: 3.00 3rd wave projection from end point of 4th: 0.382 4th wave extension: 1.272 3- Indicators: MACD :...
Hello dear traders. For upcoming week, i believe that we are gonna see some shorts on USDJPY According to ElliotWave theory. If you look at the Daily chart, you will understand that we are in at the end of the B of an ABC correction. Potentially we are at the start of a short move, C wave, which gonna last for 1 or 2 weeks. with no more talking I am gonna...
Hello ladies and lads, hope u all are doing great. Based on Elliotwave theory, we probably are right at the end of B of ABC correction pattern. But yet still we do not have a sign of a reversal at the time, but i can see there is a high chance that we see reversal signs that confirm this story for our USDJPY. I have left the tools that i have used to find a Time...
with keeping stoploss i enter this long position at the end of the C wave #XRPUSDT with a cross in #stochrsi based on #robertminerstrategy my target stoploss and risk/reward are obvious