🍫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.
Elliottwavecount
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
BTCUSD Wave 4 Drop is done! On to Sub-3 or Super 5!Price broke the corrective channel and has formed an ending Diagonal to finally end the downtrend a week ago! Please follow and comment with your own charts / opinions. Thanks for checking me out!
Not a professional, just learning all of this, do your own due diligence before making any trades!
🚗 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.
🧮 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
BTCUSD 4 HFull count Elliott wave 1 W -12 H and 4 H time frame
1. 4 H - time frame - bear divergence for wave iv - yellow / next wave iv - yellow - drop price /
2. 4 H - time frame - bear divergence for wave 3 white and wave 5 white, for finish wave iii - yellow, wave v - blue and wave 5 white / next wave iv - yellow - drop price /
3. 4 H - time frame - wave 5 white - ending diagonal /3-3-3-3-3/ short term 5-15-30 m/