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Elliottwavecorrection

BTCUSD Short - Multiple pattern and candlestick analysisPatterns 1. Harmonic Pattern shows a Bearish Crab (Bear) 2. Leaving the ascending channel at the bottom (Bear) 3. Forming a symmetrical triangle pointing upwards slightly (Bear) 4. Elliot (correction) wave ABCDE is at play which could become double or triple top or a head an shoulders (Bear) 5. Declining volume shows there's no big price changes coming (So for now remains bearish) Candlesticks 1M: Evening Doji Star (Bear) 1W: Bearish Harami (Bear) 1D: Bearish Engulfing (Bear) 4H: Bearish Engulfing as well (Bear) 1H: 3 Bearish Soldiers (Bear) _____________________________________________________________________________________ I'm purely a beginner in technical analysis. Please hit like, follow or place a comment if you wish. Any of your feedback is my motivation to keep going and to learn more about Technical Analysis!
BITSTAMP:BTCUSDShort
by AlgoSurfer
EURGBP Long Oportunity on 4H TimeFrameBased on Elliott Wave model, I expect the price to move upward. Price have done correcting with wave ii zig-zag correction of A-B-C, wave iii now in play, expect price to break the top of wave i. Since it broke the top of previous wave 4, the setup is complete, long position can be opened with stop loss at bottom of wave ii. I personally prefer to wait until stochastic bounce up or in oversold position probably in next 1-2 days. Hope this analysis helps. If you find it useful, please leave a like and share this analysis.
Long
by danuto17
1
GBPUSD POTENTIAL BUY SETUPPrice has been trending down and has reached a key support level on the daily. If price respects this level, I will wait for an inner trendline break to open a long entry. Overall, if this has happened, price is pulling back for a retracement to eventually continue down. The Take Profit 3 area is 61.8% of the entire move down and is a key level. ______________________________________________________________________________________________ If price does not respect this level, I would wait for it to break through, retest and enter for the sell. If we are signaled for a sell, I expect price to travel to the long term support zone ~1.14XXX
Long
by kacijackson
XAUUSD - WAVE D STILL FORMING?We’re in a clear Bullish Ascending Triangle on XAUUSD. There is a possibility that the wave D has not formed yet. I will be looking to see if we get a bounce from resistance. As you know, wave E does not always get put in so I would prefer to go long from the bottom of E (1680-1684) if it plays out rather than to short from D. Either way, I’m expecting a break out to the upside when XAUUSD finishes consolidating. There should be a quick retest of the breakout area allowing one to take a long position from there. The Bullish Ascending Wedge on D1 provides further confluence to this idea. *Disclaimer* This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust you own analysis. Beyond Edge
FOREXCOM:XAUUSDLong
by BeyondEdge
2
Correction Wave 4 in play - XAUUSDElliot wave count adding further confluence to my previous ideas. Expecting a bullish breakout from current consolidation. Quarterly outlook:- 2nd: Bullish 3rd: Bearish *Disclaimer* This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust you own analysis. Beyond Edge
FOREXCOM:XAUUSDLong
by BeyondEdge
2
JPFA : Possible upside1 hour chart shows a possible buy setup. Based on elliott wave principle. Wave 2 is ended with W-X-Y structure and nicely touch the 0.786 fibonacci retracement level. The price need to break peak of X wave to validate the counting. Plan Buy if break 1050 stop loss at 760. This idea is also supported with bullish divergence on RSI and stochastic. Cheers & god bless. Bahasa Indonesia Chart 1 jam memberikan kesempatan untuk buy dengan alasan perhitungan wave elliott untuk wave (2) bisa jadi sudah selesai dan lanjut naik ke atas (lanjut wave (3))apabila harga tembus puncak X dan keluar dr channel sideway. Pertimbangan wave (2) mungkin sudah selesai adalah dari angka fibo 0.768 yg disentuh ujung Y lalu terpantul ke atas. Plan nya adalah buy saat break 1050 dan stop loss di 760. Analysis diperkuat juga oleh indikator RSI dan stochastic yang menunjukkan bullish divergence. Semoga analysis ini bermanfaat, god bless.
IDX:JPFA
by danuto17
HAVELLS IND LTD. - FUNDAMENTAL VS TECHNICAL ANALYSISNSE:HAVELLS First will have a look into the fundamentals of the stock on QOQ, The Q3 result of NSE:HAVELLS is quite compromising to investors, the peoples interested in consumer sector line. Net Sales - QoQ Growth in quarter ended Dec 2019 is 1.82% vs -17.82% in Sep 2019 Operating Profit (PBDIT) excl Other Income IS 14.5% Consolidated Net Profit - QoQ Growth in quarter ended Dec 2019 is 12.09% vs 1.37% in Sep 2019 Latest dividend: Rs. 4.5 per share. Ex-Dividend Date: Jul-18-2019, DIVIDENS YIELD IS 0.73 % (Source: Bloomberquint) As per technical the stock is almost completed the correction, but still we can wait to reach the zone to accumulate for positional or long term investment. Q3 result might be quite impressive to invest in, but still technical side we could expect little bit down to complete the 5th wave in primary also completes the trendline (4th wave). levels are to accumulate 545 to 575 stoploss level is below 510, for longterm targets have arrived through technical by elliotwave, the correction is happening now is the 4th wave of cycle and impulsive (5th) wave target is 1150 to 1200. let us wait and see, what market has for us. for more details reach us through writetomonk@gmail.com or "9884344490" Disclaimer: the posts are for only educational purpose.
NSE:HAVELLSLong
by Raj_marketmonk
CRAZY ACTION IN THE MARKET! WHICH WAY DOES SBUX GO??? My previous chart showed a false breakout downward and an advance upward. Is the upward breakout false too? We definitely have to remain flexible for any possibilities. First setup a possible A.B.C.D.E Elliott pattern correction AND a possible head and shoulders formation on the hourly chart with a neck line around $61 I've labelled two possible scenario's 1) hits neck and moves upward and continues breakout in a bullish pattern. Or breaks out of A.B.C.D.E pattern upward. 2) breaks neck and heads down to Fib retracement around $45-$55 level. Breaks A.B.C.D.E pattern downward. Only time will tell. Have to remain open to all possible outcomes. I'm neutral on this one. These charts are using Heikin on the hourly.
NASDAQ:SBUX
by byzantine82