vsysusdtHello dear friends and followers
The coin may choose three ways to start the fifth wave of Elliott
1. If the correction is up to 24% of the third wave, the price can go up to the previous level of 0.21043.
2. If it corrects up to 38%, we can consider the price of 0.14343 at the end of the fifth wave.
3. If it corrects up to 50% of the third wave, we can consider the price of 0.10611 for the fifth wave.
what is your opinion ?
5-WAVE
A Running Triangle in Bitcoinmeasuring the thrust of the triangle we can project an upside target for the bitcoin at 72000 levels for the medium term
Once the Wave-E ends, we can see an upside thrust for wave-5
subscribe to wolfanalyst where I explain how to identify and project future prices for any financial instrument using the elliott wave principle
Please Subscribe to learn elliott wave www.youtube.com
EURUSD Trade Idea (Need Some Correction to Continued More upEURUSD we see makret is making a B formation after a successfull ABC pattern, now in this B formation market starts to move up take an inner correction and then more up to the desired direction
EURJPY: Undecided Yet !On EURJPY, price has invalidated our previous analysis by almost reaching the top of the A-corrective wave, so here are our 2 possible scenarios:
1. Up then Down: Price can reach the resistance (130) then dive downward and break the down trendline.
2. Wave Respect: Price can still validate our previous analysis if the A-wave isn't reached by the B-wave and thus the price would break the down trendline and when the price reaches the support have a new Long position there.
Until then, Trade Safe and Best of Luck !
Ending Diagonal on BitcoinI don't think this is *THE TOP* but it is *A TOP*. Bitcoin has historically always returned to the 21 Weekly EMA before making a push higher, and we have not done that since the 10k breakout last year. Working theory is that this is a rising wedge/ending diagonal which is corroborated by the declining volume and volatility alongside bearish RSI divergence on the daily and weekly chart.
Be careful in this range as ending diagonals tend to reverse rather suddenly and violently with few bounces for underwater longs to escape liquidation. I've drawn in what is known as a "throwover" on that last pump that crosses the upper trendline in a false breakout. These are common in ending diagonals and definitely worth watching out for since crypto tends to move towards the extremes.
I fully acknowledge I could be wrong here, and this could be some kind of bullish wedge consolidation, but the Risk:Reward in this range is not great for me, and I would rather buy after a substantial pullback.
EW on $SUPERStill a beginner with the EW theory but if I used the fibs correctly, the wave 3 target could be around 6 dollars. Everything is possible in this bullmarket and SUPER could still have it's run.
📚 The Perfect Impulse - Correction - Impulse 📚NZDUSD has recently given us the perfect impulse, correct, impulse move, which is probably our favourite pattern to trade.
The market moves in waves. There's an impulse wave, followed by a brief period of consolidation/correction where buyers and sellers accumulate their orders. This is often followed by another impulse wave in the same initial direction as the first impulse.
The great thing about these patterns is that we can have a clear stop placement, which is above the correction. If you have a closer look at this chart, you will be able to notice various impulse waves followed by corrections.
Do your best to find them in your trading!
Elliott wave diagonalHello guys :)
Today I'm going to teach you what diagonal wave is. The normal wave counts like 53535 but this wave has 33333 waves.
Most ending diagonals have a wedge shape like this one.
Follow me for more tutorials.
Cheers :)
BTCUSD Analysis based on directional Bias .....Traders can comprehend with the directional trend movement of the candlestick based on the price action fluctuations ....
[EW] ASX:FMG correction nearing completionHi everyone
FMG has been in a minute degree correction since 7-8th Jan, it played out as a running flat (?). Seen a few of these across various charts and they're supposed to be rare lol.
Anyway, all the necessary internal waves seem to have played out which given the high degree .618 point of 18.82 leads me to believe this micro fifth will truncate, and begin the minute fifth.
We will see very shortly!
NFA, DYOR
EURJPY: Sell SetupOn EURJPY, currently the price in the corrective phase as it is ending it's A wave. A sell opportunity is clear since the price is around a resistance level. Let's wait and target our next trigger at the opening of the market.
Trade Safe and Best of Luck !
MacroForex
Elliott wave truncationHello guys :)
In this Elliott we have something called truncation or failure. It's because wave 3 is too large and wave 5 cannot reach wave 3.
Follow me for more tutorials.
Cheers :)
Elliott Wave Extension 9 WavesHello guys :)
Sometimes we have 9 waves instead of 5 waves. This is rare.
Follow me for more tutorials.
Cheers :)
US500: Correction before the 3rd WaveS&P500 has entered a new bullish cycle and is now in the 1st motive wave. After reaching the resistance price can retrace back into its 2nd corrective wave and possibly reach back the previous support before heading into new highs with the 3rd wave. This is the most likely scenario that can have place. Get ready for the upcoming week so you DON'T miss the Long opportunity !
Trade Safe and Best of Luck
MacroForex
#GME GAMESTOP Updated Chart Print 3/25/21#GME Don't Worry Apes🦍🦍🦍 We will be back to pick you up, on the way to the Moon 🌛🌛🌛 🚀🚀🚀 @GameStop @gamestopcorp #Retweet So the Apes Kno! #BullRun to the mofo MOON!!!
This was drawn out over a Week ago... Same trend as Bitcoin over 2 years, But of course much much shorter time span. Bullish Pennant... Elliot Wave
Apollohosp - Ready to break ATH 📈Wolfe wofe at daily and 4hr tf and AB=CD on daily TF. Bullish Butterfly at 4hr TF ,Demand zone below 😍... 2746-2757 PRZ...
NZDJPY - Clean 300pip Set UpAs mentioned before, we are overall short on NZD and awaiting a retracement so we can gain another entry. For this pair, it's simply waiting for a retest of the broken level indicated and then shorting it to the major trendline.
Goodluck and trade safe!
EURCAD-Upadte-Hi folks;
After the price hit our T.P, it has changed it's direction as a retest to the strong support so,it is ready to reject buy the demand zone and it move up till T.P1 & T.P2.
Please put your comment and like .
If you would like my vision , analysis please follow me thanks guys.
DENT - Elliot Wave forming! Lets see that big green D! Elliot waves suggest this will moon! Tech itself is amazing
