Get started

Elliottwavecount

🚗 Tesla (TSLA) — batteries sat down, let's go to charge 🔋●● Mine scenario ● 1W NASDAQ:TSLA "Price charts are great for predicting ... the PAST," Peter Lynch once said. In addition, price charts of the past are a great tool for predicting the future with high accuracy, if, of course, you are familiar with the theory of Elliott waves. The exit up from the big triangle was expected even in October 2019 . ● 1D NASDAQ:TSLA Our previous targets of 820 level have been achieved. It is possible that the decline has already going in the wave (4) of ① in the area of the Minor degree wave 4 , in the range of 500-330 . ● 4h NASDAQ:TSLA Wave (3) has reached the key level of 161.8% of the wavelength (1) . Wave 5 of (3) of ① = 161.8% of 1 . The top of wave 4 divides the impulse (3) in the Fibonacci ratio. ● 45m NASDAQ:TSLA But. I haven't seen any good options yet to decompose the descending waves from the historical top into a series of One-two, one-two waves. Even the breakout of the 682 level, there will still be a probability of continuing the formation of ((v)) to the Ending Diagonal, as schematically demonstrated in black . In general, I consider the current decline as a local correction, but in the case of a downward formation in the form of an Leading Diagonal or impulse, at the end of the subsequent correction, I will open a sell trade with an eye on another descending five-wave as part of A of (4) . ●● Alternative scenario ● 1W NASDAQ:TSLA An alternative count of the senior degree. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
NASDAQ:TSLA
by TradeWaves-EWA
7
🧮 Elliott Wave Pattern. Combination: "Double Three"●● Combination ( CMB ): "Double Three" The SZ (FL) -X-T combination is the most common. ❗❗ Rules ● A "double three" combinations comprise two corrective patterns separated by one corrective pattern in the opposite direction, labeled X . (The first corrective pattern is labeled W , the second Y ) ● A "double three" flat combination comprises (in order) a zigzag and a flat, a flat and a zigzag, a flat and a flat, a zigzag and a triangle or a flat and a triangle. ● Wave X is any corrective wave. * ● Wave X always retraces at least 90 percent of wave W . ● Only one of the W or Y waves can appear as a single zigzag. ● Combinations can occur in the same wave positions as flats and triangles (except for the triangle subwave) but cannot occur in waves W , Y or Z . * most likely, except for the triangle. ❗ Guidelines ● The X wave is often 123.6% of the W wavelength. ● When a zigzag or flat appears too small to be the entire wave with respect to the preceding wave (or, if it is to be wave 4 , the preceding wave 2 ), a combination is likely. ☝ Notes ● An expanding triangle has yet to be observed as a component of a combination Elliott Wave Principal 2005
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
4
GBPUSD Wedge Spells WeaknessUsing Elliott Wave Theory as our guide, the recent weakness in GBPUSD is pushing it below the (ii)-(iv) support trend line. This is a bearish symptom that suggests a near term top has carved. Additionally, a wedge of this nature appears to be an ending diagonal. Ending diagonal's tend to fully retrace which means this market is ripe for a correction back to 1.3450 while holding below the recent swing high. A move of this nature would likely drag EURUSD, AUDUSD, NZDUSD lower and propel USDCAD, USDJPY higher. Give a thumbs up if you would like to see more analysis like this. Feel free to comment as well. Cheers!
Short
by JWagnerFXTrader
$MRNA Gapping up into our Elliottwave 5th wave Target ZoneJust a quick video pre-market to show the massive gap up on our MRNA stocks swingtrading opportunity. The mantra to go away with today is "You Gotta Be In It To Win It" With a simple and repeatable stocks swing trading strategy, when all your requirements are met, you need to keep adding the trades as you will get these types of moves. Not everytime but "You Gotta Be n It To Win it!" Just keep putting the high probability trades through with the help of our elliottwave indicator suite
NASDAQ:MRNA
by xBratSoftwareSolutions
3
DXY 1Day ELLIOTT WAVE PATTERNS Extension Pattern : By definition an extension occurs in an impulsive wave, where waves 1, 3 or 5 can be extended, being much longer than the other waves. It is quite common that one of these waves will extend, which is normally the third wave. The two other waves then tend to equal each other. In our pattern definitions we call it an Extension1 if the first wave extends, an Extension3 if the 3rd wave extends and an Extension5 if the 5th wave extends.
TVC:DXY
by ElliottWavePatterns
1
DXY (Dollar Index)In the DXY, it currently looks like we are in the last legs of the downward movement. Here, an implied EDT could be developing as a white v of the red (c). Thus, a downward wave would still be missing. The ideal target, the 1.00 extension, of the pink Y would be fairly close to the trendline drawn below. However, for me, a close below the last low would be enough to finish counting the movement. Of course, this also implies that there are still more highs/lows to come in the single pairs before the dollar should start its run.
TVC:DXYShort
by Elliott-Waves-2_0
2