Elliott Wave C/3 Entry Model ExampleIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Elliottwave and Elliotwave
3/C Entry Model.
This is the minimum you should consider doing
when laying out,"on paper", your favorite/profitable trade setups.
Especially if it is new to you.
More can be added as you see fit.
I left most of my other confluences off TBH.
Wavec
AUDUSD - Short position for 15MI think wave C from wave 2 has been started and first impulse of it is ABCDE.
So by this view,we can open our position at the upper trend line and it probably get us target at the end of wave 4 of wave 1.
In this project,stop should be set at the top of B from ABCDE (price :0.69830 ).
entry: 0.69620
stop: 0.69830
tp: 0.68680
Good luck.
ETH target levels for this heavy sell-offhi friends.
so finally we lose 1700 and 1300 supports :(
bad news for ETH.and bad fundamental news for it too
where MERGE upgrade overdued.
no problem we see an ending wave C and we are compliting it.
but remember these levels are good for buy but we should pay attention to
macroeconomic news and happens.
if inflation in USA and EUROPE dont go down wave C will be extend by time...
but we consider inflation record a high and start to go down.
after that we have a strong support that is overlaping 4 fibo levels for W(e) from wave C
this overlap area including:
1)38.2% retracement from past impulsive W(1).
2)200% retracement of W(B) between W(A) and W(C) that show in (a b c in circle)
3)261.8% retracement of W(b) from W(C) or W( a b c d e)
4)161.8% trend based fibo from W(a) projection from end of W(b) that shows W(e) levels.
this support level is in price around 980 $ and if we lose it too we can go lower to around
620$ support.we have fibo overlap levels here.
these levels are 361.8% & 200% and 50% from past impulsive wave.
best strategy to buy in these levels and conditions is to buy 3 step or 4 step
if we see signs of end correction we can buy a step.
i think these levels are so amazing levels to buy step by step.
be careful of your capital
(NOTE!!!
this post is not trade or invest advise.
its just my own opinion.
please invest in your own strategy and dont forget to set stop loss.)
thank you for support.
CONN wave major wave 2I believe Conn is setting up for a major move up. Wave 2 of a much larger wave is about complete with an ending diagonal wave C. Wait for the break of the red horizontal line to confirm larger wave 3 is on the way. Trade at your own risk. Good luck!
Will AKAM retest February lows?Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on March 18, 2022 with a closing price of 116.2.
If this instance is successful, that means the stock should decline to at least 115.23 which is the top of the larger green box. Three-quarters of all successful signals have the stock decline 3.488% from the signal closing price. This percentage is the top of the smaller green box. Half of all successful signals have the stock decline 5.983% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock decline 11.105% from the signal closing price which is the bottom of the smaller green box. The maximum decline on record would see a move to the bottom of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The trough of the decline can occur as soon as the next trading bar after signal close, while the max decline occurs within the limit of study at 40 trading bars after the signal. A 0.75% decline must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 9 trading bars; half occur within 17 trading bars, and one-quarter require at least 26 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
XAUUSD Elliott Wave Forecast - Wave C UpdateAs previously mentioned, price should now be in Wave iii of C (please refer to linked idea below).
Following the lower degree wave 1 of iii, the lower degree wave 2 of iii is currently being printed. This is commonly a Zigzag resembling a 5-3-5 wave structure.
We saw the initial 5 waves form during the earlier part of this week. The 3 waves of the 5-3-5 now also appear complete with wave (C) reaching the 123.6% of wave A.
The final 5 waves of the 5-3-5 should now follow, either in an impulse or diagonal. The near term price objectives for these final 5 waves are 1816 and 1825. A further extension towards 1836 is possible and also a level where price should see stronger resistance if reached.
Please do leave your thoughts in a comment below.
As always, your support with a 'like' or 'follow' is much appreciated.
Thank you for taking the time.
BeyondEdge
Your Edge Is Your Perception. Go Beyond.
COMPUSDT Trend and Wave AnalysisWave C is larger than wave B and can grow up to specified limits.
It is possible to pump COMPUSDT and it will definitely give more than 100% profit and if the leverage is used, you will get a profit of 2 or more times 200% or 500% with the 5 leverage. Of course, this is a personal opinion.