Wave3
Bullish Counta solid daily close above the trend-line would suggest a valid break out and would suggest wave (3) rally could be under way
note
alternative count in grey
GBPUSD/ 30min/ start of wave 3GBPUSD
30min time frame
price rejected from 61.8 fib retracement which can be the end of wave 2 and Start of wave 3 .
looking at ichimokou, tenkensen is above kijensen, both are directed upward.
chikou span has been crossed the chart.
forward cloud is ascending and price is above the cloud.
All means shifting the trend .
potential target is 1.3290 and stop loss 1.2980
EURJPY: Waiting for right time to entry for wave 3??Based on my analysis. EURJPY now completed the wave 2 and now waiting for wave 3 Still waiting for confirmation and I looking for any clues based on CS / pattern at this area before BUY.
NANO Working Out a Wave 3?Been hung up for a bit with some resistance from a trend line (green) after another nice little move.
Seems if it can break and hold above the green line, we could be seeing a nice wave 3, after a classic ABC wave 2,
and yesterdays lovely 20% wave 1.
Lets see how it plays out.
ETH Elliot Waves theory Ready for wave 3The target of the wave number 3, is 229 U$ 161.80% of fibonacci extension.
Broke the longterm downtrend line since the all time high
The volume is huge for th bulls.
Will follow BTC, if BTC dumps
Gitfo looking very bullish for start of wave 3Not financial/investment advice. Invest at your own risk.
GTO breakout on the daily. Looking very bullish on a my major indicators.
Do not pay attention to the time line. The targets can happen in rapid succession or played out.
Everything is fractal.
Could retrace slightly more down to 730 before pumping to 1280-1340.
From here, the trend could totally end.
Really depends on what bitcoin does. If bitcoin remains bullish, then we could see a 5th wave in GTO and many other alts play out.
If this is wave completes, my wave 5 target is marked in green but this is crypto and STRETCH targets of 1788 to 2038 are quite possible.
Nano - catch the coming momentum!After more than 300% percent gain during the first wave up, Nano has been one of the best performing coins. A correction just below 0.618 fib level in clear ABC pattern has been completed. The yellow resistance trendline has been broken increasing the likelihood for coming wave 3. First target is around 100% gain at the negative 0.236 level.
Just Started Minute Wave 3The drop today was expected. We have just started minute wave 3. We will take out the recent top and most likely see our next reversal between 2830-2870 over the next 2-4 trading days. Check out all in-depth analysis on my site. Still looking for market top by mid-November above 2950-3000. The wild ride is not over yet.
Alphabet Inc. - Time for a corrective decline in wave (4)Alphabet or Google is testing its long-term support-line. A clear break below this support-line will confirm that wave (3) has peaked and a corrective decline in wave (4) is developing towards at least 845 and likely even closer to 708.
#GBPUSD all i can tell is 50%-50% wait for more confirmation #GBPUSD base on weekly look,we dont have any clear mark about go long or short! now is time for news to move the pair
general wave counting for Eurusd perspective
EURUSD
in M time frame we can see many complete Elliot cycles, which now we are at the mid of wave no. 2.
after finishing this phase i expect a big bullish wave 3
IT MEANS EURO 0.32% 0.34% WILL BE MORE POWERFUL THAN USD IN NEAR FUTURE. AND USA ECONOMIC trade WAR WILL BE HAPPEN.
never miss wave 3
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SPXRalph Elliot speaking from beyond the grave.... Typically speaking, wave 4 retraces 23-38%. We are on an extended wave 5 of wave 3. Those 2 rectangles are measurements: 1.618 x wave 1, 2.618 x wave 1. Wave 3 typically terminates around 1.618 wave 1 (watch that 3000 area. It may not even reach it, but if it did and hit the top of the 2.618 box, that's a sell all day. I could go down to the last wave and explain it better but you guys, but you don't pay me enough... Just kidding, I'm lazy. Commodities are down. Look at Silver, Platinum, Natural Gas even. If stock market goes into wave 4 retrace, money will be moved to safer investments perhaps. In fact, I feel that I have pretty much all markets sewn up at this point.
A Larger Correction Might Be Underway for VALEThe Cycle Wave 5 top (and Supercycle Wave 1 top) was most probably on the week of the 14th of May 2018 (please reffer to related idea).
NYSE:VALE now seems to be on an Intermediate Wave C which is part of the Cycle Wave A down.
If this count is correct we should still expect Intermediate waves B and C.
Only after Cycle Wave C, the last part of Supercycle Wave 2, should we see the hallowed Supercycle Wave 3. \o/
Best idea for now is to step aside from the stock and wait for signs Supercycle Wave 3 is around the corner...
SPX set to make new record high above 2900 this monthThe S&P 500 is finally ready to break out and achieve record closes once again. I have identified the zone before the next pullback. The next near-term top should occur by August 23 above 2900. The green box is my starting zone for the top. The black bordered polygon will most likely contain the top. There is strong resistance in this polygon. A short drop should occur after this top before another burst well above 2925 by mid-September.
What are the real-world scenarios to likely drive this quick move up? My guess is a trade deal between the US and at least Mexico, possibly Mexico, Canada, EU, and/or China.
I still have the actual market top on pace for November 2018. This top should be above 3000, but might not make it to 3100. More to follow.
Hold On To That Bull Market, Buck Off AheadThis is our projection for the end of the bull run. Further analysis can be found on our sites. Upcoming events impacting drops are US government shutdown. It would occur on a Monday if it happens. Usually lasts 2-5 days. Expect this to be a down week (Intermediate Wave 4 on chart). US midterm elections. The shakeup possible to rattle stocks is democrat control in House and/or Senate. The election alone could be seen as rougher waters in Washington leading to contentious new laws or lack of law passage. As my projection sits now, this event occurs around the same time I see the market top and end of Supercycle wave 3, Cycle wave 5, Primary wave 5, and Intermediate wave 5.
Time will tell...
verge on the verge of a massive growth cycle.watch it boom, if not now. check in 2 months.
looks like it will begin a massive wave 3 up.
fractal box 1 labeled in white, is it time to complete its destiny? and go parabolic? if only history repeated itself....
Fractal box 2 labeled in blue.
none of this happens without volume. so where the volume at?
adopt verge. become family.
CRUDE OIL WAVE 3 SETUP Assalamualaikum & Hi Traders!
Key level = 75.27
We are tracking a recognizable setup of wave 3 on crude oil.
Bounce in price for wave (2) is already at 50% fibonacci level compare to wave (1) (declining impulsive movement from 75.27).
Breaking 67.80 will give us indication that wave (2) is already in place.
As for now, my personal view is bias to the downside and key level = 75.27 must hold for this wave 3 bearish idea.
S&P 500 Set To Pull Back For Remainder of WeekThe S&P 500 is set to drop over the next 3 days. Based on Elliott Wave Theory application. Based on my calculations, the index should bottom out around 2767.51 during the middle of the day on Friday July 20, 2018. This is a quick and slight pull back. We are in the final stages of the 9 year bull market and playing every dip will certainly pay off.
I expect the index to rise mightily through September before the last minor pullback occurs. After November we could be in for the massive correction and bear market forecasters have huffed and puffed about for years.
BTCUSD (Bitcoin) - Wave 3 ?! but first strong resistance +150%!?the chart speaks for itself. If you sold all your coins and wait till the very strong support line you will gave 150% GAIN. BTCUSD will raise up to 10000!!
HUGE WAVE3 NANO INCOMING!Incredible good risk-reward worthy shotHi folks, NANO/BTC again!
Correction time today, but not for long! This is a very different post from last time, but of course in a positive way. Soo, let me begin.
-Few reasons to believe, that NANO/BTC is entering a 5 wave Elliott wave formation(currently on wave 2, best opportunity to enter!):
1. The whole crypto market was in a correction for the past 4 weeks, however nano/btc unlike other coins, corrected a lot lower. Most likely the main reason here could've been the dumping of rewarded Nano/btc coins after the binance competition, but we can leave that aside just for now(winners just shorted it).
2. Nano/btc is oversold on the daily as shown by the RSI, MACD etc etc, almost confirmed by every indicator(could not be fitted in the graph).
3. Bitcoin as well as nano/btc, is looking quite strong, and about to break its own downward channel(similar to Nano/btc).
4. Wave 1(assumed to be), did just right now correct to 0.62 ret. level, which held quite strong, and it's one of the rules in Elliott wave theory, essentially creating wave 2.
5. Most of the investors right now, are waiting on Nano/btc breaking the trend line which would give them a confirmation to buy, if that happens, which has a high possibility at this point, we'd see NANO/btc price receiving a huge volume and a major price extension.
6. Lastly, I do think as announced by NANO'S CEO Colin earlier this month, that they will release the long waited NANO/btc mobile wallets on the beginning of next month, which obviously will affect the price massively(this is just a personal opinion, not insider knowledge or anything of such sort).
To end this loooong post, the current wave count I'll based it right now on the most common wave 3 extension of 2.62 of wave 1, it could also be 4.25.
Whatever opinion you have on the current price, NANO/BTC is a good long term investment, in any case, and this year's current all time low, shouldn't be ignored.(based on the many fundamental characteristics that NANO/BTC possesses)
As always, leave an agree, share or comment any suggestion or your opinion on NANO/BTC or the crypto market in general!
Disclaimer:
//This is not a buy/sell signal, you decide what to do with your own money!//
