OceanUsd Elliott wave countAbove 0.57564288 we are looking to the upside to complete wave ((3)) of wave 3 with possible target 1.36 USD zone (1.618 fib extension) of the wave ((1)) of 3.
We used log scale on this count!
Elliottwaveanalyis
SushiUsdt Elliott wave countFive waves to the upside may have been finished for Sushi.
Bellow 1.8757 we are expecting a pullback to complete wave 2 or B.
Bitcoin Elliott wave Daily updateFurther, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave (iii) of 3 upper is underway.
Wave (ii) may have ended at 2917.14, if so I expect a swift ascent over the coming sessions to suggest an impulse upper is extended, wave (iii).
We can keep the focus up against 24750 in a still-extending wave (iii) of 3,looking for price to aim for the 1.618 projection between waves (i) and (ii).
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Future updates will be posted as updates to this count.
Daily intraday updates on 1H and 4H time frame, don`t miss them!!
Good luck!
VSCO - Victoria’s Secret isn’t secret anymore !VSCO seems like bottomed out around 14 and up 100%+ from there already.
Either can start building long position here
Or
Wait for a pull back or trend-line break and hold.
Either way, Target 1 : 40 and Target 2 : 50
EUR/USD Bearish - Beginning of Wave 5 on DailyThe 1D Chart shows EUR/USD beginning wave 5, which is the lowest of the impulse waves (in a bear trend -it is the highest in bull market).
This suggests the EUR/USD pair will return to the channel and continue a downtrend towards 1.067-1.041 over the next several weeks.
More EW of this pair in different time periods to be published shortly.
XAUUSD FORMING DIAGONALIt is important to remember that Elliott Wave theory is interpretive, and different analysts and traders may have different perspectives regarding certain rules and variations.
I will post if there's a new update on my perspective.
Trade safe, Everyone!
DOTUSD Elliott wave countFurther, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave 3 upper is underway above 6.510 with possible target 1.618 fib extension.
Future updates will be posted as updates to this count.
Daily intraday updates on 1H and 4H time frame, don`t miss them!!
Good luck!
ENDING DIAGONAL : ELLIOTT WAVE ( ELLIOTT BABA)ENDING DIAGONAL : ELLIOTT WAVE ( ELLIOTT BABA)
Ending diagonals consist of 5 waves, labeled 1-2-3-4-5. Each wave subdivides into threes. Waves 1 and 4 overlap in price. Wave 3 can not be the shortest among waves 1, 3 and 5. Wave 1 is usually the longest, but not necessarily. Wave 5 of an impulse and wave C of an A-B-C correction are the places, where you should be looking for an ending diagonal. Since it is the final movement of the sequence, after an ending diagonal prices are expected to go back to the level, where the pattern had started. A real-life example of an ending diagonal with all its features is given on the chart of AUD/USD below.
B FAILURE RUNING FLAT : ELLIOTT WAVE ANALYSIS [ELLIOTT BABA]B FAILURE RUNING FLAT : ELLIOTT WAVE ANALYSIS
RUNNING FLAT :
• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
• Wave B of the 3-3-5 pattern terminates beyond the starting level of wave A
• Wave C fails travel the full distance, falling short of the level where wave A ended
Fibonacci Ratio Relationship
• Wave B = 123.6%-138% of wave A
• Wave C must be 38% of wave A
EXPENDED FLAT : ELLIOTT WAVE CORRECTIONEXPANDED FLAT CORRECTION
2- EXPANDING FLAT :
• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
• Wave B of the 3-3-5 pattern terminates beyond the starting level of wave A
• Wave C ends substantially beyond the ending level of wave A
Fibonacci Ratio Relationship
• Wave B = 123.6% of wave A
• Wave C = 123.6% – 161.8% of wave AB
Stor je vue UPDATE 22jan24WELL boiz, its time to update.
look at the chart, raise your eyebrows, wrinkle your forehead, puff out your cheeks, blink hard and repeat 10 times. The facial exercises are over.
NOW
realize the idea: Wave A is finished and will look like a plane. divergence is needed to go up into the final correction B before falling into the wave C. the reversal zone is marked with mustard, 2 strokes
stay safe and loved ;)
[UPDATE] XAUUSD TRIANGLEKindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective.
Trade safe, Everyone!
Cheers.
XAUUSD PROJECTIONKindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective.
Trade safe, Everyone!
Cheers.
Elliott wave on "GRTUSDT" Weekly time frameHi Guys,
You can see my prediction of the future price for GRT USDT.
At this stage, we cannot definitively say that we are in wave 3 or wave c. That's why I labeled it with 3orc wave.
In this case, the minimum target number for wave C is 0.344$. If the movement has a good acceleration and after reactions to the Wave C zone, a decision can be made regarding wave 3.
Also be informed that normal targe for wave 3 is 0.88$ up to 1.57$
UPDATE: XAUUSD H-1 PROJECTIONKindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective.
Trade safe, Everyone!
Cheers.
Let see how much fuel it has nowPersistent system.
Abiding by the rules of Elliott wave.
Now it interesting to see how much fuel it has for further moves.
no recommendation pls.
Link Intraday 4H, Elliott wave countAfter completed 5 waves up, we are looking lower against 6.507, to complete an ABC correction, wave (2), with possible targets 0.5-0.618 fib retracement.
Hit the like button if you like my analysis and follow me for future updates!
Future updates will be posted as updates to this count.
Daily intraday updates on 1H and 4H time frame, don`t miss them!!
Good luck!
UPDATE: XAUUSD PROJECTIONKindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective.
Trade safe, Everyone!
Cheers.
XAUUSD | Expanded Flat W2 CorrectionMy thesis regarding gold is simple—an Expanded Flat correction for Wave 2.
The primary rationale for this determination lies within the retracement on completion of the initial 5-Wave move up on completion of WA. From my perspective, this retracement exhibited insufficient depth to be counted as a W2. Reverting to what I call the Elliott Wave Theory paradox, if it is not a W2, it must be a WB.
Therefore, the following move completed WC of WB, with PA now residing in W1 of WC of an Expanded Flat which is forming as W2.
I expect PA to push to the 1.618 FIB to confirm that the bottom is in before launch.
Safe Trading.
Tencent Short: Target $246.Firstly, apologies for coughing around the 8th min (too much chocolate).
Basically this analysis builds on top of the HSI and China A50 analysis that I've done previously and that I expect Tencent to move down to $246 and hits the lower channel line as well as 1x of wave (1) distance by 2023 year end.
AAPL Short: ATH, multiple Fibonacci Resistances and wave 5 endsThis is my detailed analysis of AAPL and it is a strong Sell for the following reasons:
1. End of multiple wave 5s.
2. Triple Fibonacci targets reached.
3. Wave 4 as a triangle confirmed the 1 year move up as the last wave.
S&P Short; Wave 5 target reached, RSI(7) pattern recognisedIn Summary:
1. We see 5 waves up and wave1=wave5, and it doesn't matter if it is a 1-2-3-4-5 or a W-X-Y-X-Z. The next move should be down.
2. RSI(7) crosses 88 and based on 3 other historical instances of similar preceding pattern, the next move should be down.
3. The risk-reward is better on the short side than the long side.
HSI Short: Target ~15000This is a short update to HSI. I will expect that the burst up today is a corrective wave 4 and for the next 2 weeks, a correction down to 15000.
