Third-wave done | Correction wave aheadDaily chart
Last my post about GOLD ( OANDA:XAUUSD ) reminded Reversal Pattern and it's completed.
Detail:
GOLD has broken up and out the neckline to complete the third wave at 1963.735 and it's happening fourth-wave
I expect GOLD will down to around 1950
I marked it on chart 4H below
Chart 4H TF
Gold's in Ascending Channel and done second-wave what's sharp correction wave and fourth-wave I think it will be a combo correction wave based on Elliott Wave theory.
Wait and see next move. I'll update
Eliotwave
Get Ready for a Golden Ride! Buy Signal on Gold Daily Chart 📈The bullish setup on Gold is sparking excitement as price follows a clear Elliott Wave pattern. With the fourth point of the wave in place, it's time to buckle up for the next wave, which could potentially take us to around the 2200 mark.
Adding to the bullish sentiment, Gold has been oscillating within an ascending channel in recent weeks, providing further confirmation for this setup. Notably, the RSI indicator is signaling an oversold condition while maintaining an overall uptrend, suggesting an impending bullish impulse.
Let's ride the wave and make the most of this glittering market trend!
Feel free to share your toughts in the comments section, follow me for updates and dont forget to press the like button if you think this insight was helpful✨🚀💰
Costco Wholesale Corporation I 4H TimeframeThis chart only for educational purposes
Here I tired to combine Elliott wave analysis with harmonic and SMC.
My main goal is to look for a strategy I could use in the future using these technical analysis.
It could be wrong specially the harmonic pattern is not confirmed yet and also there is a bullish count based on Elliott, even though we could see some big reactions on the marked areas.
Regards,
btc 00This is a simple analysis. Fundamental analysis is based on Elliot and Gan. I was waiting for us to rise from the 17k level. I put the analysis before. But the shape of the rise and the general economic situation tells us that we still have not reached the bottom by linking technical analysis with Elliot,I think the first bottom is in the range of 1400 to 6000. God help us.
Bank Nifty Elliott wave Correction - Expanding FlatBank Nifty Elliott wave Correction - Expanding Flat
Hey guys please go through this silent video....the counts are self explanatory.
If you come across some difficulty please comment, I would try to clear...my points...!
Thank you for showering likes on my analysis.
Keep motivating ....
Thank you.
XAUUSDXAUUSD price has coming some importance area ,"Gold holdings in China as part of the total reserves are still very low, so there is probably room for further purchases down the road,” he said Giovanni Staunovo, an analyst at UBS Group AG.
China bought around $1650/oz compared to $1787 today.
What's still not clear is where the rest of the Q3 gold buying came from; the World Gold Council reported that central banks had bought 400 tons of gold.
In other gold-bullish news this week, Credit Suisse analyst Zoltan Pozsar went on a bit of a tangent in a note and suggested Russia could start selling oil for gold.
UasCad 5 wave done now lets go for ABCWhat I see!
Looking for Impulse down.
UsdCad completed wave 1,2,3,4, & 5 now its waiting to move down to complete wave abc. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you/ give better knowledge. If you have any question ask me in comments.
Learn & Earn!
📉💥BTC Till the End of 2022💥📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello traders, first take a look at my previous analysis and positions.
The price can climb to 19kto complete its wave then pull back to 13-14k at the end of its trend.
What do you think about the future of the price trend until the end of 2022 and the beginning of 2023?
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
RACEFI - next leg up soon?Will we see the next leg soon? Possibly, it might shoot up soon. Set alerts on it since SRSI has more space below... Rsi above level 60 still - bullish region.
Good luck traders
📉💥BTC Short-term Short Position💥📈BINANCE:BTCUSDT
COINBASE:BTCUSD
First take a look at my previous analysis and positions.
💥Channel break pattern💥
While price is inside the yellow area, you can open short position in two steps.
If the price falls and reaches the TP1, you can risk-free the position.
TP1-2-3-4-5-6-7 are on the chart.
The optimum stop-loss1-2 are on the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌