GBPUSD upd. Oct. 07, 2021, edu., Contracting Ending Diagonal.Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
C-WAVE
Audusd SellMorning all,
Following on from our previous analysis on this pair, which is now a risk free trade. We are looking to open our second entry at wave 2 down, following on from the double top pattern! As you can see price is completed a mini correction and we expect further decline on this pair until Jan 2022.
Entry and Sl marked.
Likes and comments welcome.
Long term positive AUDNZD outlookNumber one, we can find that there is a huge demand where the market couldn't close below a previous low, this demand resulted in the market breaking the structure and making a new long term weekly high, now the market is moving in a corrective waves which can look like a channel, this area is also a demand zone as well as AB=CD,
What can we do now? if you are trading long timeframes or short timeframes, we could wait few days and look at lower time frames, try to find confirmation/s depend on your preferred analysis. Enjoy!
immediate short term for BTCfollowing my current count( i am still learning EW) we should see wave 3 touch the top of the ascending channel or perhaps crest just above it before retracing for a wave 4, wave 5 should see us rise above the channel and then begin our new 3 wave move down to retest the top of the channel. i am still cautious as many belive we may see 57-58k as major resistance zone and can retrace for a primary wave 2 down to 47-50k before our primary wave 3 up above the previous ATH.
$SPY - Filling the gaps - Elliot Wave analysis
With the unsettling issue of the approaching debt ceiling deadline on Oct. 18th, 2021 , the timing of this potential drop in price is quite coincidental.
Applied my Fib extension starting at the top of corrective Wave (B) and lined up Fib 0.618 on Wave (A). The depth of Wave (C) is still in progress.
This scenario brings Fib level 1.618 indicator to approx. 404.07 , which coincidentally is approx. where the previous gap to be filled on Apr. 5th, 2021.
Coincidence?
This is my TA opinion only.
My worst case scenario if we go upBTC elliot wave structure
if we go up i see this as my worst case scenario lol
Is Bitcoin on another bearish flag?Bitcoin, currently forming another bearish flag. Will it go down further?
USDJPY POSITION IDEA usdjpy closed daily candle to (111.900) buy position order to (112.223) or (111.800).
usdjpy closed daily candle to (111.110) sell position order to (110.800) or (111.05).
but usdjpy closed Doji candle waiting for other daily candle !!!
$BTC - Moon CityBitcoin looking ready for Wave 3 run.
Ema ribbon still hasn't turned red and if it continues to drive out higher then it wont.
You can read the waves differently so this is subjective but just a thought as to what may be happening. Lets wait and see.
G999 indicator wave swingG999 has momentum to break resistance and reach 0.0077 levels as shown by MACD indicatioans: wave change and convergence point in combination with EWO forming another peak. All of that allows to create buy setup below:
Buy price: 0.00686695 - 0.00703633
Stop loss: 0.00652204
Target level: 0.00777898
RTY in (v) of (III), in sell zoneChart says all. Sell in the band between S/R. not advice, just an idea; GLTA!
GbpAud Nice sell setup GBPAUD is its possible that this upmove is over now one more impulse to down side is ready
Elliott wave analysis, prepare for long positionsSeems like Elliott wave theory is playing out very well, seeing a bounce at ~1,80$ (Fib level 0.61). Prepare for long positions then.
We are in an ABCIn 4 hours we are in an Elliott Correction Wave (abc) and next move will be 50k again.
Just be patience.
GOLD: Millennial Cycle Outlook Birdview#ElliottWave
It's a birdview projection of Gold's millennial cycle through elliott-wave perspective, it's to provide you with an insight for seeing waves from a familiar PoV.
timing won't match the chart, but keep checking for the patterns and levels.
Matic on it's 3rd leg of an Impulse?Love Matic, love catching a wave. Hopefully this newbie will ride it out and not wipe out!
Hard Buy next week 1830 - 1850 !!Hard Buy next week 1830 - 1850 As shown in the triangle chart, a slight drop can occur before it goes up
TSLA close to correctingElliot wave count suggesting incoming wave C of the primary ABC correction. Intermediate flat correction needs to complete to set the start of the primary wave C impulse. Invalidation is a new ATH.
Gold ready to head higher again after small correction We had the first half of the week, a small correction at the gold chart. Wich is healthy ofcourse. If you you zome out where are still in a bulltrend.
Just need to patience to enter longs again
What I want to see is a close and retest above the $1800 level. Wich is highly respected in history.
Push to the upside BTC - Bitcoin USDIt seems we have just corrected to wave 4 , we can still go a bit lower.. but i think that in the next few days we will continue to upwards , maybe even test all time high
