Colleagues, I believe that the price will continue its downward movement. At the moment we are observing a combined correction. I expect the completion of wave “Y”. Even if it is already completed, the price is still waiting for a downward correction to the support area of 55.204. Therefore, I think that 55.204 is the 1st minimum target. There are two possible...
Dear colleagues, I expect a correction in the coming week. Wave “V” has started its development and now I think that wave ‘1’ of medium order is completing its development and I think that the correction in wave “2” will last until the area of 38.2% Fibonacci level 3143.50. There are two possible ways to enter the position: 1) Market entry 2) Pending limit...
Good afternoon colleagues! In the coming week I expect the upward movement to continue in wave “3” of the higher order. I believe that a small correction to the support area of 1.2176 and then rise to the resistance level of 1.16000 is possible. There are two possible ways to enter the position: 1) Market entry 2) Pending limit orders. Manage your capital...
Colleagues, the price is in the correction of wave “2”. I believe that the upward five-wave impulse is not yet complete. In any case, I think that the price will still reach the maximum of wave “1” at 1.11613. The question is how far will the correction of wave “2” go or is it over? There is no way to know for sure, so I don't recommend selling. I think we should...
Colleagues, at this point I have redrawn the waves a bit and realized that the upward movement is not over yet, but a rather large correction is possible within waves “ABC” and if wave ‘A’ is finished or almost finished, I expect wave “B”. I believe that the price will reach the level of 3100. After that a reversal and continuation of a small downward movement is...
Explaining what is happening in terms of wave theory is quite difficult, but always possible. Of course, geopolitics has been affecting the price a lot lately, but even in this chaos there are regularities. Let's take a look at the wave markup. I believe that there is a big correction going on at the moment. Most likely it is not finished yet and has just started...
Dear colleagues, the price has been in an upward movement for quite a long time and I believe .that it is time for a correction in the “2” wave. I think it is possible that there may be a small update of the maximum of the top of wave “1” to 3176.771, then I expect a correction to the area of 38.2% Fibonacci level 3050. As usual there are 2 possible entry...
We need to talk about one important nuance. Many people ask “Hellena, you say you can't buy oil, but it's going up. Well, it is, yes. But all my data and wave markings suggest that the price will soon start a downward movement. There are major changes in geopolitics and I am not in a position to stop them. I just set a stoploss and wait for the trade that will...
Dear colleagues, the upward impulse of the five-wave movement is not over yet, and at the moment we see the end of the correction of wave “4”. I believe that the price can still slightly update the low and reach the area of 1.07232 , but the priority is the upward movement in wave “5”, so I expect the price to reach the resistance area of 1.09484. Manage your...
Dear colleagues, I am still counting on an upward movement. It seems that the sellers have not lost their strength yet and I see that an update of the low in the area of 5445 is possible. Then I expect a resumption of the upward movement with a target to reach the 5788.8 area. As usual there are 2 possible entry options: 1) Market entry 2) Entry by pending limit...
Wave “3” is still continuing its progression. This means that the five-wave impulse is not over yet and we expect the upward movement to continue. Of course I would like to see wave “4” as a corrective wave in the area of 3024 level, then I expect an upward movement to the area of 3100 level. This level is also considered to be quite strong, from which there...
Colleagues, I believe that price will reach the 3075 area, completing an upward five-wave impulse. Earlier I talked about the level of 3100 and I believe that it will be reached too, just a little later and after a correction. In any case, within the wave “3” of the senior order, gold is waiting for an upward movement, because the big impulse is not completed yet....
Colleagues, the previous forecast is not canceled, but I decided to update it a bit in the form of a new forecast. I have set the target a little closer, so that I don't have to wait too long. I believe that the price will continue its upward movement and will reach the area of 5830. It is quite possible that the price will correct to the area of 5597, completing...
Colleagues, I believe that the downward movement is not over yet, and now the price is in a complex combined correction. The second correction also consists of “ABC” waves. In an ideal scenario, the price completes wave “C” in the 70.000 area and starts the downward movement to the support area of 65.268. In general, the plan has not changed since the last...
Dear colleagues, price is still in an uptrend, but wave “5” is often unpredictable, so I do not recommend buying. I will look out for short positions. I believe that the price can renew the high and reach the area of 1.10000 or even a little higher, but I will place pending limit orders to sell. Or the price will immediately start a downward movement. The target...
Dear colleagues, I believe that the upward movement is not over yet. The bulls have gained strength and the upward five-wave movement is not over yet! I expect that the wave “3” of senior and middle order is not yet complete. Possible correction to the area of 2955.837, then I expect an upward movement to the area of 161.8% Fibonacci extension 3038.730. As usual...
Colleagues, at the moment we see a situation where it is difficult to determine the end of the movement. Wave “C” is not completed and I believe that we should expect the continuation of the downward movement. I do not set distant targets, so I expect the price to reach the area of 64.00. A correction to the area of 67.884 shift is possible. Manage your capital...
Colleagues, after drawing the waves I realized that bitcoin is in a major wave “IV” correction and I believe that this correction is either over or about to be over. Either way I believe that long positions should be prioritized. I expect that the price will either immediately start an upward movement and reach the psychological resistance level of 90,000, or...