ElliottWaveBelgium

ElliottWaveBelgium Updated 

Well, it seems XRP might just have finished the last wave 5 of C of Y. In that case, expect euphoria to take over again. Even tho I would like price to fall to one of the green marked level (Fib 100% 5v4, 61.8% YvW, 161.8% CvA) BTCUSD is still the leading force behind all other cryptos, and has still a bit of room to the downside. Ideally, I would like BTC to...

ElliottWaveBelgium Updated 

As you can see, price is living the last moments of wave C of wave 4 of a larger wave 3. This means we will see a wave 5 higher. My target will be 30000 !!! But beware, price will come down a bit more. Ideally, I would like to see it below 5000 to buy without regrets. Anyway, start selling your car, home, husband/wife and get ready to buy the BOTTOM !!! ...

ElliottWaveBelgium Updated 

We should be making wave C higher now, which is composed by an impulsive wave. But, where did wave 1 end ? If blue count is right, then we might be in an extended wave 3. Else, the red count is probable. In that case, wave 2 might not have retraced enough, therefore we might still be in a correction, price now making wave B of a zigzag. But it has to turn soon...

ElliottWaveBelgium Updated 

Go Long, R/R : >1/3 Stop : 1.0857 Target 1 : 1.1178 Target 2 : ~1.1250 (use trailing stop) Look for Bearish Divergence to find the end of wave 5.

ElliottWaveBelgium Updated 

We are in a correction started at 1.13 Two possible counts now : 1) Wave B is in place so now price is making wave C higher as a motive wave giving long opportunites. ---------------------------> LONG 2) We are in a WXY formation, so that we then need price to fall down to Y to have B in place, followed by a C wave higher. In this case, the (i, ii) wave count...

ElliottWaveBelgium Updated 

Looks like we are in a flat correction, in the C wave of the extended B of the Flat. C wave itself is composed of an Impulse wave. Looking for it to end soon (if it did not already), The impulse might be ending an extended wave 3, which means after a small wave 4 correction, price will carve it's way up for a fifth and last wave before giving us sell...

ElliottWaveBelgium Updated 

Small trade for the week 10 - 14 Sep. TL broken, divergence on RSI & MACD On MA(21). Move SL to break-even once 1:1 R/R is hit.

ElliottWaveBelgium Updated 

Wait for MA or Trend-line break before going long SL : a few pips below last low or 0.7202 for a more conservative one. Target 1: 0.7380 Target 2: ~0.7454 Target 3: 0.7560 to 0.7780 **Price neeeds to hold above 7203 for this bullish move to be valid !

ElliottWaveBelgium Updated 

USD weakness is kicking in after it outperformed it's pairs for the last months. Now EURUSD is looking for the upside, targeting the 1.20 area.

ElliottWaveBelgium Updated 

Simple trade for the week Entry on trend line break Invalidation level : 25815 Target 1 : 25600 Target 2 : 25500

ElliottWaveBelgium Updated 

Price is finishing a five wave bearish impulse move, so I then expect a corrective move up to .382 - .618 Fib levels. I won't go long just yet and definitely not short. Wait for price to turn before buying, don't try to catch a falling knife, you'll just bleed to death !

ElliottWaveBelgium Updated 

Impulsive wave is now ending (if it did not already end). This rally would be a corrective wave 2 or b. Anyway, expect price to go up to .382 or .618 Fibonacci levels (0.76 to 0.78 cents).

ElliottWaveBelgium Updated 

Short possibilité SL : 1.175 TP : 1.13 to 1.11

ElliottWaveBelgium Updated 

Wait for pullback, confirm the breakout before re-entering short.

ElliottWaveBelgium Updated 

Pending long. SL : last low TP : 1.35 to 1.38