Eliotwave
UKX, FTSE100, elliot wave analysis. Bearish count. 31.07The prediction went right and the triangle d wave got broken.
I am expecting a short reversal and then another crash. I will keep you update here
HUGE ALT RUN IS COMINGWhy Alts season coming ?
1 - Parallel Channel Break Out
2 - Eliott Wave : We found a top
3 - 889 days of btc dominance pump
Fomo is coming, stay tied, we'll take off.
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This isn't financial advice, it is just my theory.
Bitcoin reality options!Hey traders!
Expecting the price movement in 2 steps.
First I am expecting the correction to the levels within a range of 9350-9000 USD. Then a turn from the trend line or near it and a hike to the top completing the forth wave in the form of an ABCDE triangle into three designated zones.
At the moment it is impossible to predict the exact zone where it will end up.
Currently, the most optimal and possible scenario is the second zone.
After battling there, the calculated fifth wave will finish. However it could possibly finish in the first or third zone. It’s not possible to say now since the third one was more classical than the first, then the fifth wave does not govern us with its size.
It can be either normal, reduced or extended, we need to see a structure that isn’t there at the moment.
As soon as the formation of the fifth wave will happen the correction of the ABC wave will start, with a possible moment below 6000 USD.
At the moment, it is impossible to say what level will be a confirmation of the beginning of the correction, we need the confirmation of the fifth wave’s end.
Regarding the fourth scenario its too early to speak of it since its currently unlikely.
But nevertheless still possible, in my opinion, with an approximate correlation 80 - 20%.
It will happen if the major ascending trend line of the upstream channel will be broken below the level of 9,000 and it will break this calculation of the fifth-wave.
But I want to point out again, in my opinion this is unlikely :)
Peace and profits to everyone)
Watch for BIG BUY on USDJPYHi traders,
Watch it for price action before buying. We are anticipating a nice wave which will break out of the Daily structure.
XRPUSD advanced EW TACall me crazy, but this is my expectation here for XRP only for TA perspective nothing else.
Let it be here.
-CryptonikLion
Dont miss the sell on NZDCAD Hi trades,
Keep your eyes and get ready for nice sell on NZDCAD. Wait for lower time frame setups before get in.
shortto all the people who said that they want short trades this one one it is for u guys
for the first trade just buy it will go up to 107.110
and then if it brokes the first resist 107.110 it will go up to the next one 107.240
have a great weekend guys and remember never give up
US30 16 July 2020 Daily Analysis BooBooDooDooDaDaI expect the price to correct to 26510 or 38.2% Fibonacci retracement.
The reason why it gets corrected because I notice in the Ichimoku indicator that the Tenkansen and Kijunsen are far separated. When that happened it will attempt to get closer for equilibrium.
On top of that, the price deviates too high from the Kijunsen which also indicates inequlibrium which eventually will get closer (correction) towards the Kijunsen.
If it goes below 38.2% and daily closes below 68.2% then the chance for a bearish reversal gets higher.
Speaking of the Eliot wave, I expect a 5th wave to the upside to be formed sometime today as seen in the chart.
CLVS Inverse Head & Shoulders pattern. $21 price target if it plays out. Please trade at your own risk. Good luck :)
Nifty Eliot Wave Analysisfrom the lows of Mar 23, 2020, till 26th Jun 2020, Nifty moved in a wave form equivalent to Eliot Wave. looks bearish in July.
