ShaneHua

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master Designation). Conclusion: TLT BONDS continues to move higher, expected at 90.92 - 92.63. Wave 1-grey may have just ended, and wave 2-grey is starting to move higher as ((a))((b))((c))-navy, expected to target around 90.92 - 92.63. While price must remain below 94.85 to maintain this Bearish view. On...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master Designation). Conclusion: The previously mentioned ALT wave count scenario is triggered, gold continues to fall lower with a ((c))-navy wave. Probability assessment: Main wave count scenario. Forecast direction: Pushing much lower. Long-term bullish potential: Not really, the ((c))-navy wave can move...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation). Risk Analysis / Risk Assessment: - Major Trend: Bullish - Which Wave Count Scenario Has Higher Probability: Definitely the Main Wave Count Scenario. - Should I Go Long?: No, Not Now. - When to Confirm Bullish Trend with High Probability?: On Breakout Above 107,240. Details: Since the...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation). The context suggests that we are inside the 4-grey wave, as the 3-grey wave ended at the high of 2,801.2. The 4H chart shows that we are inside the 4th wave in grey, based on some data on the current price action, it looks like a Sidewaves pattern and is narrowing over time. So it...

ShaneHua

The context suggests that we are inside the 4-grey wave, as the 3-grey wave ended at the high of 2,801.2. I see that the 4-gray wave is taking a long time, and is probably getting forming narrower as time goes on, as well as its subwaves have a lot of Three-waves, which directly suggests to me the idea of ​​a Triangle (3-3-3-3-3 or ABCDE). A closer look, the...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation). Wave ((ii))-navy may move a little lower. Then wave ((iii))-navy may turn back to move much higher. On the other hand, a break of 126.04 would trigger the ALT alternative scenario, suggesting that wave ((iii))-navy may be ready sooner than expected. Invalidation point: 105.11 Cofirmation...

ShaneHua

CHARTS OF THE DAY ©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation). The context suggests that we are inside a 4-grey wave, as the 3-grey wave ended at the high of 2,801.2. I see that the 4-grey wave is taking a long time, and is probably getting narrower as time goes on, as well as its subwaves have a lot of Three-waves, which directly...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation). We see that ASX:FPH stock is about to complete a Triangle with wave 4, and prepare for the push up with wave 5. This analysis will guide you through the key points and important price levels to know the upcoming important market movements in the most intuitive way. Details: The 4H chart...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master. Function: Major trend (Minor degree, grey) Mode: Motive Structure: Impulse Position: Wave (y)-orange of Wave ((2))-navy Details: Looking closer, wave (2)-orange looks like it is developing as a Flat labeled A,B,C-grey, and we still have a push lower with wave C-grey. Then wave (3)-orange will return to...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master. Wave (ii)-orange may have finished and wave (iii)-orange is pushing lower, aiming for the nearest target around 2,608.4. While price must remain below 2,681.0 to maintain this view. On the other hand, the alternative scenario ALT (less likely), suggests that wave ((b))-navy in another development has...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master. The entire ((4))-navy wave most recently finished as an (A)(B)(C)-orange Zigzag, and the ((5))-navy wave is turning back to push lower. It is subdividing into waves 1,2-grey, and they are complete, since the high of 94.85 the 3-grey wave is unfolding to push lower, targeting the low of 83.58.

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master. Wave B-grey has just completed a corrective wave labeled ((a))((b))((c))-navy and wave ((c))-navy has completed a full five-waves in a Zigzag (5-3-5) pattern, so wave C-grey could be back to push lower. But it is too early to conclude such a major bearish trend. On the other hand, the shorter-term outlook...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation). The entire ((4))-navy wave most recently finished as an (A)(B)(C)-orange Zigzag, and the ((5))-navy wave is turning back to push lower. It is subdividing into waves 1,2-grey, and they are complete, since the high of 94.85 the 3-grey wave is unfolding to push lower, targeting the low of 83.58.

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M. The entire ((2))-navy most recent completed as an (A)(B)(C)-orange Zigzag, and the ((3))-navy is now retracing to push higher. It is subdividing into a (1)(2)-orange, and they have completed, since the high of 4.126%, the (3)-orange is unfolding to push lower, targeting the high of 5.163%

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation). Wave ((ii))-navy may have ended at 113.34, and wave ((iii))-navy is unfolding to push much higher, targeting 150.00. While price must remain above 113.34 to maintain this view.

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Desgination). So the wave ((iii))-navy could be unfolding to push higher, targeting the high around 23.84, a break of which would take us to 28.80. While price must remain above 17.54 to maintain this view.

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M. The wave ((b))-navy itself is a Zigzag, labeled wave (a)-orange, and the most recent wave (b)-orange is probably also finished, now we could be moving up with wave (c)-orange. While price must remain above 2,605.085 to maintain this view. Alternative scenario (ALT, less likely): Shows that wave (b)-orange is...

ShaneHua

©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M. Wave count changed to maximize probability. Wave 3-grey has ended, and wave 4-grey is still unfolding, there is little data to suggest it has ended, I think it may still be developing. More specifically wave 4-grey is developing as a Flat, its wave ((a))-navy has completed, and its wave ((b))-navy is pushing...