Hello everyone, our main scenario is still valid but at this point I think our alternative scenario has more credit. I updated the chart for main scenario, as you can see in chart we expect an upward rally to begin soon. Invalidation point for this scenario is 1791.52$. I also updated alternative scenario that you can see in next post. If you have any idea about...
Hello everyone, our main scenario didn't change much so I only updated alternative scenario. as we expected price moved higher to build wave (b). as you can see in chart, wave (b) seems to be completed or it could be complete little higher. after wave (b) we expect downward movements to complete wave 2. I will provide more elliott wave count daily, if you are...
Hi everyone I hope you are well Before we start, we need to warn all traders about cryptocurrencies and be very careful in investing in this field. In the previous analysis, we expected to reach the price of 2000, but it did not reach the target considered in the first scenario, and according to the second scenario, it dropped to 1792.72 and was supported by this...
Hello everyone, I updated our alternative scenario, as we expected for this scenario price moved lower to complete wave 2. as you can see in chart it seems wave (a) of (C) completed already, I expect some sideway movements in wave (b) and after that final downward movements to complete wave (C) of 2. I will provide more elliott wave count daily if you are...
Hello everyone, as we expected for today price moved lower to complete wave II. price didn't reach to invalidation point at 1791.52$ and our main scenario remains valid. I updated the chart, you can see the details of recent movements in chart. as you can see in chart we expect a powerful upward rally to the 1970$ to complete wave 3 of (c). I also updated...
Hi everyone I hope you are well We have seen a strong uptrend over the past few months. This trend stopped in support of 1.4600 and we have had a chart without a trend in the price range of 1.4600 to 1.4900 for some time. But we seem to be done. Although we still have resistance from the chart in the range of 1.4880 to 1.4910 and it seems that we will face another...
Hello everyone hope you spending a good weekend, our alternative scenario fits recent movements nicely so I updated this chart to see further movements by more details for this scenario. the ideal shape for this scenario to be complete is when price could make a low below 1791.52$. I will provide more elliott wave count daily, if you are interested follow us to...
Hello everyone hope you spending a good weekend, I updated the chart for main scenario in timeframe H1. for this scenario, we expect upward movements to begin soon. Invalidation point for this scenario is 1791.52$. I also update alternative scenario that fit with these movements nicely, you can see that in next post. I will provide more elliott wave count daily if...
Hi everyone I hope you are well Before we start, we need to warn all traders about cryptocurrencies and be very careful in investing in this field. Ethereum has been experiencing severe decline for a long time and has dropped to the support level of 1729.72, and we are facing strong support. In this analysis, two scenarios are considered: 1. Break the price line...
Hello everyone, this is new alternative scenario, as you can see in chart there is a possibility that wave 1 has not completed yet. I expect some upward movements to complete this final wave and after that some correction to make wave 2. I will provide more elltiot wave counts daily if you are interested follow us to receive updates. 📣 Attention 📣 ⚠️ 1. We...
Hello everyone, I updated the chart for main scenario in H1 timeframe. there is a possibility that wave I had been completed already and price go down from here to complete wave II of 3, but if price could make a new high this is how I see these movements. I also prepared another alternative scenario in H1 timeframe, to see that please go to the next post. I will...
Hi everyone I hope you are well After the previous analysis and reaching the price of 0.8613, we saw a fake break in the resistance trend line and the price acted according to the second scenario and dropped to the support level at 0.8510. Currently, the price is facing significant support and we expect the price to return from the same level. If the candlestick...
Hello everyone, I updated alternative scenario( to see main scenario look at previous post ). as you can see in chart I expect some downward movements for gold to complete wave C of wave 2 for this scenario. I will provide more elliott wave count daily if you are interested follow us to receive updates. 📣 Attention 📣 ⚠️ 1. We publish this trading idea to help...
Hello everyone, I updated the chart for our main scenario as you can see in chart it seems wave 2 completed at 38.2% and we are in the beginning of wave 3. Invalidation point for this count is 1791.52$. I will provide more elliott wave count daily if you are interested follow us to receive updates. 📣 Attention 📣 ⚠️ 1. We publish this trading idea to help...
Hello everyone hope you are well, our main scenario in timeframe m30 is still valid but I have another idea after seeing last movements of gold that I would like to share with you. both scenarios expect more sideway and downward movements to complete wave 2. I will provide more elliott wave count daily if you are interested follow us to receive updates. 📣...
Hello everyone, our main scenario in m30 worked perfect so far and it seems wave I is completed. I updated the chart, as you can see in chart we expect more sideway and downward movements to complete wave 2 and after that an upward rally will begin. I will provide more elliot wave count daily if you are interested follow us to receive updates. 📣 Attention 📣 ⚠️ 1....
Hi everyone I hope you are well After the price could not break the resistance of 1.2220 it started to fall and fell to 1.1780. Here we see that the price was well supported and could not go down. If the candlestick closes today and covers the previous day's candlestick, we can hope that the price will rise and the uptrend scenario, but if this candlestick is...
Hi everyone I hope you are well There is no clear trend in the chart review and the price moves in the range of 0.8540 to 0.8610 without trend. In the chart, you can see that the price reacted to the resistance line several times and each time after reaching the resistance line, it could not cross it and moved back to 0.8540. But it is possible that this time it...