XRP is in triangle correction 4th wave and it is over at 0.47400 So 5th wave may see 0.58 Stoploss below 0.47300
I have represented the Five impulse wave structure on the chart. In which we may see trend and correction levels shown in the chart. BUlls started the journey from 0.32 to forecast up to 0.76
Gold prior down leg was 1807 to 1655 we may see correction of this leg and levels are 1681/1702/1721 soon. Overall trend is bearish.
We can see five impulse wave patterns on the Silver chart. 4th wave is completed @ 18.750 5th wave is in progress. One can Buy trade with Stoploss of $18.500 as the 4th wave Low, for the Target of 20.5/21 .
As shown in chart 1st wave started from 1735 and wedge pattern in 4th wave is unfolding . we may see 1666 -1680 as d and e wave in 4th wave. 5th wave may start near 1680 to (1640-1620) soon. Resistance area (1681-1677) Demand Area (1620-1640)
ETH is Bullish above 1640 as showing in chart. If hold above 1680 then we may see rapid bull rally towards 2100 soon. Bearish below 1440. Buy now at 1665 SL 1640 TP 2140 #eth
BUY Gold @ 1712 SL 1706 TP 1922 Bulls will try to hold 1707 for the Target of 1723/1744/1768/1802/1832/1886/1902/1922 Bears will active below 1695 for 1664
Five waves were completed @ 1725 we may see correction as abc 'C" wave may see retracement up to 1702. Bulls will try to hold 1702 for the Target of 1744 #gold #xauusd
As shown in chart ABC Correction as Flat pattern If B wave completed at 1688 then C wave unfolding. C wave may see as five wave structure 12345 target of 1850. Bulls may active above 1702 for target of 1723/1744 Bears active below 1688 for 1681/1664 #xauusd #gold
On higher time frame Gold unfolding as ABCDE Consolidation faze . We may see one more leg up from 1663-1706. Bulls will try to hold 1702/1681/1664 for 1800/1900 Bears will active below 1664 for 1600/1550
USOIL has given 2nd wave retracement near 88.500 Now we may see 3rd wave towards $100 soon. SL 88.400 #USOIL
As shown in chart USD/CAD is in downtrend "C" wave . Bears will get aggressive below 1.29 to push towards 1.26 On Higher time frame from 1.32 it is in final 5th wave . So Bulls will get strength only price above 1.32.
I have labeled 1681 to 1803 as five waves completed as I,II,III,IV and V. As alternation, II wave was complex and IV was sharp correction gave confidence to labeling as given in chart. An interesting thing was seen wave V failed fifth wave completed at 1803. In general, after failed fifth wave correction is deep and last longer as appeared from 1803 to till date...
$1784 as abc is over . Either $1784 or we may see one more leg down upto 1766. Buy in a stages at 1764 and 1784
Ethereum Elliott wave 8th Aug 2022: Bulls will try to hold $1580 for an up rally above $1850 Bears will active only below $1580 for $1520. How I label the wave is shown in video. #eth #ethereum
1800 is a turning point. Bears will get active below 1660 for 1580/1440 Bulls will get active above 1800 for 1995 #eth
From $880 either ETH is in correction waves as WXY or New Impulse as 12345 In both case, we count waves as below. 1-2, 1-2 moves are unfolding. If the waves are correct then we may see a Blue(3rd) wave at least 161.8% around $2250. #cryptocurrencies #elliottwave
As i discussed ETH in 3rd wave. Today 1519 was low and now 1548 low made from high 1590 Now We can buy for 1995 SL 1 : 1545 SL 2 : 1515 Bulls will get strong above 1575/1600/1642 Bears will get active below 1515