One of the easiest and simplest corrections to trade. A (Impulse) B (Correction) C (Impulse).
BTC looks like it started a new Bullish Impulse movement. The wave 1 for this impulse ended at about $73,729, thus making a new ATH. BTC has been correcting ever since then for wave 2. The wave 2 appears to be a WXY (3-3-3) correction. The Y wave appears to be a ZigZag correction. I expect its B wave to peak at about $65,500, then this should be followed by an...
The market looks like it's coming to complete an Impulse 1,2,3,4,5. It has done waves 1,2,3 and 4. For Wave 5, it has now done waves 1 and 2, hence it's a good time to buy EURUSD for waves 3 and 5 of this Wave 5
USDCAD to continue the bearish run? After correcting for a while, the market looks set to return to the bearish run.
Following Elliot Wave's principle, the market seems to have made an impulse A (1,2,3,4,5) correction, which was followed by a zig-zag B correction (5,3,5). To complete the expected A, B, C correction, I expect the market to make an impulse drop for C (1,2,3,4,5).
The market is making its way to complete wave 5, the buying pressure weakens and sellers are expected to move to create the correction waves.
The market has completed a WXY correction as wave 2, after an initial wave 1. Now the bullish trend returns for a potential wave 3, 4 and 5
Following the correction trend on EURUSD, the correction looks to be taking the form of a WXY correction.
After potentially completing wave 1, 2, 3 and now wave 4, BTC looks to continue on the final lap of this bullish run with wave 5 to an all time high around $81,500
After what looked like a good bullish impulse run, BTC looks set to complete an Irregular Flat correction, ABC, to the $21,000 price region. BTC would be at a Good buy in should price hold above this region
After a strong bull run, the EUR could lose most of it's gains in what looks like an irregular flat correction. Price action confirmation, shows the market forming Head and Shoulders pattern
After breaking out of a diagonal, AUDUSD seems to have completed its wave 1 or A and expected to drop for wave 2 or B
After overserving the market, AUDJPY seems to be taking a correction form of W-X-Y W formed a simple zigzag X formed a triangle Y is expected to form any 3 wave structure
After wave A, market has formed a corrective triangle for wave B. Expect the next Impulse wave C to the upside within the channel.
Gold looks like its completing a wave cycle before continuing to the down side
Crypto regulations, Russian-Ukraine War and much more. Lengthy correction on BTC how would it end? I feel BTC is forming Triangle correction and a push to $100K after it breaks out is very likely.
This idea idea is based off Elliot wave principles of the market and a continued recovery of BTC through 2021 - Market is expected to move in a cycle of 5 main waves -Each wave has it's own network of waves #Before trading Do your Own Analysis Goodluck!
After breaking out of an Ending Diagonal in October (This Analysis was shared privately and alot of people benefited from it making a min of 600%) the Hype for Shibbainu coin grew. this has been followed by 2 months of correction. Price looks like its broken out of the falling Wedge correction. 2022 looks pretty for this coin #Do your own research before...