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- Very likely that we are going to see another move downward (cycle wave b). However; wave b is still incomplete.

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Non-Standard Correciton. - There is an opportunity to enter at the end of Primary Wave . According to Elliot Wave Theory, after a non-standard correction, price should retrace to at least 61.8% of the last correction (@62.25).

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- We are in the final cylce wave - Wave V, with Wave IV as a triangle. - First TP is at 46.75 - 75% Triangle TP.

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- We are at Primary Wave - the last impulse wave up in this cycle. - Two key areas of resistant as shown on the chart.

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- Three key areas of resistant as shown in the chart above. - We are approaching Intermediate wave (iv) of Cycle wave a.

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- wait for a good trade setup to enter at the end of wave 4

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- Wave count going up is unsure, but first TP is @ 60.25.

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- Completed an impulse wave up. Beware for a retracement. - No opportunity to enter here.

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Expected this to be the end of an uptrend ABCXABC. Expect price to retrace back to 4.65.

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- We are currently in an upward Intermediate wave (5)/(A) - not confirmed but is irrelavent at this point, because both suggest an upward trend. Within this Intermediate wave, we are expecting either a non-standard correction or impulse wave up. - A Flag pattern can be seen here suggesting a strong upward breakout is upcoming.

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- Big Picture: ABC - We are currently in an upward wave-C. - Buy limit zone is shown on the graph.

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- We are currently in wB which is forming as a triangle. - Expect price to correct to around 1.09 area, before breaking out of the triangle for wC.

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TRIANGLE BREAKOUT to complete the non-standard pattern.

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Expecting a bullish movement in the up coming weeks.

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expect a breakout from a triangle very soon

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According to the graph, a move following a 5x impulse should retrace at least to 0.618 Fibonacci levels (to around $950 areas). Ps. ngl I wish I am wrong lol

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We are in the second Primary w of a Cycle wc, which is a non-standard pattern (abcxabc) that usually goes up within a channel. There are two likely scenarios here: 1) Primary w is completed, so we are now moving up on to Primary w . 2) Primary w is not completed; we are at Intermediate w(B) of Primary w . Therefore; we should be expecting a minor retracement...

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We are in the second Primary w of a non-standard pattern (abcxabc), where w does not seems to have completed. However; w 's pattern is still unclear There are three possible scenarios w could turn out to be: 1. a non-standard pattern (abcxabc) 2. an impulse wave - 1x wave is more likly 3. a triangle