ShaneHua

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Forecast: Bearish Where are we in Elliott wave analysis? The chart on the left shows that we are bearish with the 3rd wave (Labeled wave (iii)-orange). Basically it will continue to push down even lower. (1D Chart) The broader context suggests that wave (ii)-orange seems to...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Wave (iii)-orange is opening up to push higher, it is subdividing into wave ii-gray and will probably end soon. Wave iii-grey returns then continues to push higher; while the price must always remain above 1,240.07 to maintain this view. Invalidation point: 1,240.07

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Forecast: Bullish Position: Fourth Wave Wave (iii)-orange is opening up to push higher, it is subdividing into wave iv-gray. The fourth wave will push down a bit and soon expire, then the gray v-wave will return to continue pushing higher. Invalidation point: 7,819.0

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Forecast: Bullish Position: Wave (iii)-orange. Since the low of 116.34, Wave (iii)-orange will continue to push higher, targeting 143.97; while price must stay above the 124.35 low to sustain this view. Invalidation point: 124.35

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Wave (2)-orange has completed at the low of 12.65, wave (3)-orange is unfolding to push higher; aiming for minimum targets of 20.00 - 25.00 or higher; while price should always remain above the 12.65 low to sustain this view. Invalidation point: 12.65

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Forecast: Bullish Details: Wave 2-grey has just bottomed at the low of 14.10, wave 3-grey is opening, to push higher. Invalidation point: 14.10

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Details: The short-term outlook shows that wave ((ii))-navy just ended at the low of 21.02 and wave ((iii))-navy seems to be opening to push higher, but a move higher is needed. a little more to confirm this view. Invalidation point: 21.02

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Wave 2-grey has bottomed at the low of 92.50 and wave 3-grey is unfolding to push much higher. Invalidation point: 92.50

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Wave (ii)-orange ended at the low at 124.35, wave (iii)-orange is unfolding to push higher, aiming for the immediate target at 136.53 or higher. Invalidation point: 124.35

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation) Wave 3-grey is opening up to push higher, it is subdividing into wave (iii)-orange; while the price must sustain above the 60.58 level to sustain this view. Invalidation point: 58.17

ShaneHua

AUSTRALIAN STOCK: REA.ASX - 09 JULY, 2024 © Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation). Forecast: Bullish Wave (iii)-orange appears to be unfolding to push higher, while price must stay above 189.80 to sustain this outlook. Invalidation point: 189.80

ShaneHua

DETAILED VISUAL ELLIOTT ANALYSIS: BTC/USDT, 06 July, 2024 © Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Question 1: Where are we in Elliott wave analysis? We are in the 4th wave (See 2nd image), specifically labeled wave ((iv))-circled, navy. Question 2: What pattern is the 4th wave developing under? Wave ((iv))-circled, navy, is developing in...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The short-term outlook shows some evidence that wave 2-grey has ended. Wave 3-grey appears to be unfolding to push higher. Invalidation point: 58.17

ShaneHua Updated 

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The short-term outlook shows that wave (iii)-orange is unfolding to push higher, towards the immediate target at 205.45. Invalidation point: 155.30

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The short-term outlook shows that wave ((ii))-navy seems to have just ended, and wave ((iii))-navy is unfolding to push higher. While the price should always remain above the low at 28.60. Falling lower shows that wave ((ii))-navy continues to last longer than expected, and following that, wave...

ShaneHua Updated 

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context shows that wave 4-red has concluded, and wave 5-red is opening up to push higher. The short-term outlook indicates that wave (ii)-purple seems to have just completed, and wave (iii)-purple is now opening up to push higher. The probability of this forecast is not the highest, as the...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The shorter-term outlook shows that since the low at 61.36, wave 2-grey appears to have ended, and this allows wave 3-grey to unfold to push higher. Wave (i)-orange is unfolding and is fulfilling its role, following which wave (ii)-orange will unfold as ABC. We will be watching ASX LIMITED for...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The short-term outlook shows that wave ((iv))-navy ended earlier than expected, and wave ((v))-navy opened to push higher, it is subdividing into wave (i),( ii)-orange, and they have concluded, now it is time for wave (iii)-orange to open and push higher. Invalidation point: 33.30