Get started

Elliottwavecount

EWT: CADJPY Preparing for 93.84Price has completed the C leg of corrective wave Primary ((4)), and the price will march for impulsive wave ((5)). Wave Formations: Wave ((1)) - Leading diagonal - Formed on extreme low - Termination sub-wave 5 is smaller than 3 Wave ((2)) - Zigzag - 50% of wave ((1)) - Ended near the sub-wave 4 of an impulsive wave. Wave ((3)) - Impulse (Five wave move) - Extended 2.618% of wave 1 Wave ((4)) - Running triangle/running flat - 38.2% of wave ((3)) - Ended above wave (b) Wave ((5)) - Wave ((1)) was a leading diagonal, so wave ((5)) can't form as a diagonal. It will be an impulsive wave. - Wave 3 can end near 161.8% of the 4th wave at 93.492. - Wave 1= Wave 5 at 93.765 - Wave 5 can complete after touching the parallel channel at 93.849. We can expect the following targets: 91.46-92.29-93.849
Long
by forextidings
7
🔥 Natural gas will rise in price three times 🥶●● Preferred count ● NATURALGAS ( Currency.com ) 🕐TF:1W Globally, the price of natural gas is driven by the third wave of the Grand Supercycle , within which the final wave (V) is developing. Wave (IV) that preceded it took the shape of a w-x-y double zigzag , although one should not exclude further complication before a sideways correction. ● NATGASUSD ( OANDA )🕐TF:1D Behind the most powerful part of the wave ① of I — Third of a Third — 3 of (3) , on the horizon — a less rapid growth in the fifth waves, followed by a series of downward corrections. ● NATGASUSD ( OANDA )🕐TF:4h A correction by wave 4 is expected in the form of an expanded flat , the target for which may be the area of the previous fourth . ● NATGASUSD ( OANDA )🕐TF:2h Wave ⓒ of 4 , presumably, is unfolding the ending diagonal . ●● Alternative count ● NATGASUSD ( OANDA )🕐TF:2h As an alternative count — wave 4 of (3) is a running contracting triangle . This interpretation implies the resumption of growth within wave 5 from the current levels. Long position under the conditions of the implementation of the main scenario seems to me less risky, but the alternative count also offers good opportunities for long at current prices.
NLong
by TradeWaves-EWA
Trading Chaos Part 4 | Elliott WavesHello, everyone! Today we are going to spot the most important and challenging part of Trading Chaos by Bill Williams(BW) – the Elliott waves. This analysis is the most efficient in combination with other techniques of Trading Chaos. Market always moves with the waves and BW developed the conception which eliminate the uncertainty of Elliott Waves. In this article we will consider every wave and explain how to spot their target areas. First of all we need to understand the 5 “magic bullets” which kill the trend. They are: Divergence with the Oscillator Target zone The squat bar at the one of three top bars Fractal at the top Momentum change Today we are goin to consider only the target zone. Other tools we will reveal in the next articles about Trading Chaos. How to spot Wave 1 start? Research the last wave from the previous trend. This should be wave 5 or c. This last wave have the typical structure of waves with less scale. You can use the technique for Wave 5 end defining to spot when trend is finished. How to spot Wave 1 end? Search the 5-waves structure inside the Wave 1. You also should spot the 5-th wave end. Use the 5 “magic bullets” which usually kill the trend.
BITSTAMP:BTCUSDEducation
by Skyrexio
2
We are probably at the beginning of the initial phase of wave 3Tomorrow (10/09/2021) we could experience the confirmation of the initial phase of wave 3, since today the price could not penetrate the zone of the lows that RHE left on September 7. This is a possible signal to enter in the purchase of the fractal major: it began with the low of August 17, in September 31 completed its first wave. The key is that in the morning session and next sessions comfirm the floor that was created in the last Tuesday, September 7, is not broken. Its greater if the confirmation of the movement are quickly to upwards. This idea may take until Friday, September 24 to be completed
AMEX:RHELong
by soygeo
We are probably at the beginning of the initial phase of wave 3Tomorrow (10/09/2021) we could experience the confirmation of the initial phase of wave 3, since today the price could not penetrate the zone of the lows that PETV left yesterday. This is a possible signal to enter in the purchase of the fractal major: it began with the low of August 25, in September 1 completed its first wave. The key is in this morning session, and next sessions to comfirm that the floor that was created last Tuesday is not broken. Its greater if the confirmation of the movement are quickly upwards. This idea may take till Friday, September 17 to be completed. Good luck! :)
PLong
by soygeo
🚀𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙛𝙞𝙣𝙖𝙡 𝙬𝙖𝙫𝙚...🌠●● 𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙀𝙒𝘼 ● ADAUSDT (BINANCE): 🕐1D The rocketing five-wave advance forms a nearly perfect impulse , in which the fifth wave is expected to rise. Extension by the third wave, alternating waves 2-4 , touching by the top of wave 4 to channels 1-2-3 — all this is a harbinger of growth by wave 5 , which on its way, most likely, will go beyond the extremum of wave 4 of (1) . ● ADAUSDT (BINANCE): 🕐6h Tentative targets for wave 5 , unless, of course, we go into extension, are located in the area marked in pink . Further, a decline is expected by the intermediate wave (2) to the area of the previous fourth wave. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
3
Possible leg up in Elliott Wave count for BTCI just analyzed the run up from bitcoin in Elliott Wave theory and it was quite difficult to define the last correction, as it is somewhat vertical. But continuing the Elliott cycle, there is theoretically, also due to the subdivisions seen in lower capitals, only 2 types of correction possible: ABCDE or a complex WXYXZ. If we would stay in the 'not so nice' but validated symmetrical triangle, we would have a ABCDE with shortened D and E correctional wave. If not, we could have a longer horizontal continuation which would get out of the ascending parallel. In case we are clearly going down the large ascending parallel, my Elliott count is wrong, and the ratio in divisions and subdivisions isn't correct. Though the abc subdivisions of the last larger correctional wave is in my opinion a higher probability, they are just shortened in to time and thus hanging on a horizontal level, which indicates again the symmetrical triangle. Also we still have the larger inverted H&S preceding, with an outplay to 68 or 70K.. In white and visible wave, the first possible uptrend in a subdivision 12345 Elliott wave impulse.
COINBASE:BTCUSDLong
by Wolverinos
2
SPX Elliott wave count daily. 101 probable count1/ This new idea is based on the previous idea below, rsi possible extended 1st wave like our spx. Nothing guaranteed here just an amazing similarities (chart # 1). 2/ The previous idea is coming handy for "Gaps behavior " and how they usually appear in waves 3 & C. Well it kind of supporting this idea of an extended 1st wave. Here it is below (chart # 2). 3/ Combining these together kind of make the argument for and extended 1st wave is more probable, or not. 4/ So what's next, well Elliott Fibonacci Retracement and Extension Guidelines for an extended wave 1 as follow: If wave 1 is extended, then the size of wave 3 through to the end of wave 5 is often 61.8% – 78.6% relative to the size of wave 1 If wave 1 is extended, then wave 2 and 4 are very likely to be shallow (i.e. 23.6% – 38.2%) If wave 1 is extended, then wave 2 will often end at the level of sub-wave 4 of 1 (i.e. the internal wave 4 of wave 1) 4/ That's would put the probable target for this bull's move since March's low between .61-79 fibs with minimum requirement @ 4122:
SP:SPX
by samitrading
ZIGZAG CORRECTION IN GOLDAs recently GOLD (XAUUSD) was rising, we have recognized the completion of the five waves up followed by lower degree five waves down. REMEBER: Five wave move against the major trend indicates the beginning of correction, specifically ZIGZAG CORRECTION. Therefore, we expect ABC zigzag correction that later will be followed by continuation of the trend to the upside. The same movement is expected to take place in SILVER (XAGUSD), therefore you can capitalize your self through this positive correlation. WHAT ARE YOUR OBSERVATIONS ON THIS, PUT THEM IN COMMNET SECTION.
OANDA:XAUUSDShort
by ASAMForex
5
🍫The Swiss franc continues its global growth against the dollar●● Mine scenario 🕐 1M FX_IDC:USDCHF Most likely, the sideways correction is unfolding by wave (b) in the form of a contracting triangle , followed by a downward exit in a five-wave structure (c) . The wave count allows you to keep the ratio I > III > V on a logarithmic scale. 🕐 1W FX:USDCHF 🕐 2D FX:USDCHF Pic. 3 Pic. 4 In the daily timeframe, there are two co-directional count options: with a single (pic.3) and a double zigzag (pic.4) in the wave b of (b) . The first of which allows us to consider the transformation of one of the subsequent subwaves c , d or e to a multiple zigzag or triangle . 🕐 4h FX:USDCHF Wave 3 of (3) is likely to be extending. Next, a series of corrections is expected in the fourth waves, at the end of which, under certain conditions, a long position can be set. ●● Alternative scenario 🕐 1W FX:USDCHF The alternative count of the higher wave degree still has the probability of transforming " Supercycle " (b) to a double zigzag w-x-y . The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
7
BTCUSD 15 m / short term /Very hard correction. wave abc / blue / is zig zag wave c / blue - diagonal wave abc blue - create wave (a) /yellow/ wave abc white is zig zag and create wave (w) white. wave (x) is connector wave 12345 white is expanded diagonal for create wave (1) green wave (1) - (5) green is leading diagonal for create wave a orange Wave b orange is zig zag wave 2 white is zig zag wave 4 triangle or flat ( in this time ) One more Up for finish all waves ... wave 5 white, for finish wave c orange, for finish wave (y) white and finish wave (b) yellow. This is the full EW count
BITSTAMP:BTCUSDShort
by okiots
3