EURUSD - Elliott wave – monitoring micro wave ((3)) of submin v
prevailing scenario
wave (ii) maybe over in abc subminuette correction
monitor prices evolution in a motive mode
wave ((3)) of v unfolding - first target 1,2189 fib 1.618 wave ((1)) ext
ALT: continuation of wave (ii)
possible expandig flat in 3 waves
critical price area
previus daily close 1.2148
PP 1.2145
FIB 1,2189 fib 1.618 wave ((1)) ext – 1.2233 fib proj wave v (double extention 3/5)
static S/R 1.2182 critical R
volatility D 1.2130-1.2223
Wave3
UKOIL - Possible Wave CountCurrently in the move of Wave 3 , creating an extension of wave 3 .
Possible target of 2.618 times @ 114 levels .
With a possible retracement to 0.5/1.618 levels @ 85 - 90 Levels
For a final target of 150 levels for wave 5
I am not entirely sure on this count . If anyone has any suggestions it would be greatly appreciated
HUGE WAVE 3 incoming for MAJOR shitcoinPossible wave 3 coming in for NLG, a Dutch payment coin. Major shitcoin but eh, everything is pumping.
Weird thing is that this coin bottomed in mid March (huge relative volume!), opposed to ALL OTHER ALTS bottoming at New Years eve.
If this is indeed was the bottom, then we are at the beginning of a MAJOR SHIFT in the trend.
ZENUSDT Third wave?Hello traders. After a nice move up yesterday from a double bottom, ZEN/USDT pulled back forming a corrective sub-wave 2 of the larger wave cycle 3. If my count is correct, we would enter a sub-wave 3 of the greater wave cycle 3. If correct? Some good gains could be made. Good luck!
Elliott Wave: a potential Wave 3 or Wave C in TeslaThe price of Tesla ( NASDAQ:TSLA ) had been going down in a 5 waves manner, which was followed by a double zigzag correction,
implying the next possible move will be another 5 waves decline
The only 2 possible patterns which can be formed in 5-3-5 are either an impulse (5-3-5-3-5) or a zigzag (5-3-5)
Therefore we can set two targets for this trade (or just separate as 2 trades)
For the first one, assuming we enter a short at $713, the stop loss will be $780.72 (above the end of wave b), the take profit will be $467.96 (assuming wave c = wave a), which give us a 1:3.6 risk/reward ratio
For the second one, the take profit will be $341.07 (assuming wave c = 1.618 x wave a), which give us a 1:5.4 risk/reward ratio
P.S. my analysis was done in log scale
Short Term - EOS waiting for Wave 4EOS/USDT seems to complete Wave3. Wait for a sidewave or slight counter trend movement in the next week, but watch out if the price break the channel.
EOS/BTC is very very bullish in the long run.
I think Wave 5 will likely to be long as the market heat up. But as Elliot theory, Wave 5 need to be shorter than Wave 3.
So let's set realistic TPs and see how things come out.
DTIL localized .618DTIL from an elliott wave perspective has completed wave 2. Consolidation here would be good for an enentual wave 3. The projected zones are optimistic and it could easily take longer for the stock to move that far upward. I expect resistance around each target point which could cause consolidation, but hopefully from a long standpoint the stock could hit ATH by end of summer.
TIGHT STOP LOSS. I am not going to play with this one if it drags below the .618. The upside becomes super shaky and it could plummet if it loses the support.
ETHEREUM ETH ELLIOT WAVE 3 PRICE DISCOVERY TO $43000Hello Traders,
The chart is telling me Ethereum ETH has just broken its previous all time high and is currently in price discovery mode inside a bullish Elliot Wave 3 with a target of $43000.
Sounds absolutely mental but looks totally "normal"
Will update as this progresses.
BTCUSD Elliott Wave Forecast - UpdateHello everyone,
BTC reached the second extended target of 46.4k (please see linked ideas below).
I mentioned a potential rise further into the 50k zone which is the third extended target of 56.6k. Although a potential third extension is another 10k move upwards, I wouldn't be surprised to see this level achieved without a decent retracement.
There is the possibility that wave 3 completes here and a correcting structure follows (wave 4). Targets for that are in my previous idea linked below. Let's see how it plays out from here before looking into the possibility of any deeper corrections.
Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed.
Thank you for taking the time. Trade safe!
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea.
Trust your own analysis.
Beyond Edge
BTCUSD Elliott Wave Forecast - UpdateHello everyone,
It's been a good start to the year for BTC. Printing a new high above 42k, BTC has blitzed through my initial targets of 29.8 - 31.7k and 36.2k before falling short of the second extended target of 46.4K (please see linked ideas below).
The target for 46.4k is still possible as well as a further rise into the 50k zone, more on that if/when the level at 46.4k is achieved.
For now I wanted to highlight the possibility that wave 3 may be complete and a correcting structure may soon begin to form (wave 4). If that is the case then we can look for BTC to head into the 27k zone and potentially as low as 22k before beginning to move back up. Let's see how that plays out before looking into the possibility of any deeper corrections.
Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed.
Thank you for taking the time. Trade safe!
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea.
Trust your own analysis.
Beyond Edge
BTCUSD Elliott Wave Forecast - Wave 3 Price PredictionHappy New Year everyone,
I had initially provided rough counts for wave 3 to be between $33 - $38k with a possible extension into the $50k zone (please see linked ideas below). We saw the 24.3k break and retest completed successfully and as forecasted the successful break of that level has propelled BTC towards my initial Wave 3 projection of 29.8k - 31.7k.
I mentioned the likely possibility for BTC to achieve extended wave 3 levels because of it's tendency to overshoot which brings my next target to the first of these extensions of 36.2k. Now, the second extended projection level is at 46.4k, before placing too much focus on it, let's see how this plays out and whether BTC can achieve the first extension level.
I feel I should mention... this is a sub-wave count of a larger wave 1 in play but at this moment in time I am not entertaining that far ahead. What I would add to that note is that I am expecting BTC to achieve much higher six figure levels in the coming years.
There is a further 'third' extended projection for this wave, more on that level once we are closer to it.
Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed.
Thank you for taking the time. Trade safe and always remember to plan your trade and trade your plan!
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided. Trust your own analysis.
Beyond Edge
BTCUSD Elliott Wave Forecast - Wave 3 Price PredictionHello all,
First and foremost, well done to everyone who has hodled through the bear run. It has most definitely been a true test of an individual's investor stamina.
As promised, it's time to take a closer look at wave 3 with the view of establishing more accurate price forecasts. In my previous ideas, I had initially provided rough counts for wave 3 to be between $33 - $38k with a possible extension into the $50k zone (please see linked ideas below).
Bitcoin is in pure price discovery mode with no level above to target as previous support or resistance. How high can it go? In my opinion, 24.3k is the next short term price level to challenge. A successful break of that level could very easily propel BTC towards my initial Wave 3 projection of 29.8k - 31.7k.
The FOMO and publicity it attracts has meant that BTC has developed a tendency to overshoot in bubble like fashion over the years. That being said, I feel that there is a high probability that BTC can achieve a Wave 3 extension level. The first of these extended Wave 3 projections is at 36.2k. There are two further extended projections, more on those level later.
Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed. I'm interested in seeing what your price forecasts are.
Thank you for taking the time. Trade safe and always remember to plan your trade and trade your plan!
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided. Trust your own analysis.
Beyond Edge
Compra: PRIO3 - Início de onda 3 / Buy: PRIO3 - Start of Wave 3Compra de PetroRio PRIO3
Ao finalizar a onda C da 2 e começar a Onda 3 com uma puxada vigorosa. Espero rompimento do topo pré Corona Virus.
Long PetroRio PRIO3
Upon completion of Wave C of 2 and start of Wave 3 with a vigorous thrust. We should see new highs from the previous pre Corona Virus top.