pooria.latifi70

pooria.latifi70

Hi traders, Just look and enjoy, everything is crystal clear...!

pooria.latifi70 Updated 

Hi traders. It's an updated analysis. please look at the previous post! As I told you before I used to expect that the 5th wave would finish around 213$ but at this time, I have to say it seems that the 5th wave has not finished yet. According to ADX and RSI in Daily time frame, This correction is 4th wave of 5th impulse wave (yellow) So a deep corrective wave...

pooria.latifi70 Updated 

Hi traders. As you can see my chart and Elliott waves, I think 4th wave of impulse wave has finished and we are in 5th wave that seems it's an ending diagonal pattern. However we can see a parallel channel for impulse wave and red lines as good resistances. Also MACD, ADX and RSI are bullish. As a result, around 213$ will be my sell point. If my analysis play out...

pooria.latifi70 Updated 

It's my technical analysis about Elliott waves. I believe that correction is going happen, however we can see a bearish divergence confirmation in MACD. It's noticeable that maybe fifth wave of impulse waves has not created though and this upward movement can belong to wave B of ABC correction (ABC) that has been creating after third wave of impulse waves (RED...