Currently in wave 5 some indecision on the one day but a possible 28% if wave 5 continues just my thoughts i'am not a professional
Waves 1 to 5 complete, targets hit for each one. Potentially finished the corrective waves. A typical target area for an Elliott wave correction is 50% of the preceding impulsive move. This is a common rule of thumb for what to expect in a correction. i have marked up the 50% line from wave 5 you can see it in the red line where we are currently holding. this is...
Wave 3 extension hit, eyes on the pull back and conformation of wave 5
Everything lines up, looking like the start of wave 5.
Hi guys, a little late with the one, looks like were in wave 5, could keep going but also could pull back soon
Wave 5 target reached, potential short back to wave 3
ATOMUSDT - 2 options on this one this could push straight through the wave 3 fib extension blue box and this could be the start of wave 5, or we get to the top of the blue extension box and then pull back for wave 4 and then push to wave 5. The blue wave 3 looks a little to short as 3 and 5 should always be the longest, the red looks good.
Wave practice, all fibs extensions and retracements line up, potential wave 4 short
Wave analysis, practice, potential start of wave 3, eyes on the 38, 50, 60.8.
Potential short on wave 4 or wait to see if wave 5 plays out
All extensions and retracments respected wave 3 was a little high but if the retracment to wave 4 is held wave 5 will be in play
Good morning all, here we have the potential start of wave 5 forming on DOT, the retrace on wave 4 has held for 38H or 8 bars, with this being the weekend anything can happen, I have a close stop below the current wicks, or you could have it below the 61.8 for a little more breathing room. the R:R is good the yellow zone would be the TP zone.
Possible wave 5 forming in VENBTC, Not much in the way past once we pass 0.00000127. could hit 0.00000136 before resistance
Possible wave 5 forming on VENBTC, as long as BTC plays ball