Elliottwaveforecasts
APE 3 NEXT MOVES PREDICTION BASED ON ELLIOT WAVEIf there is one thing I love about APE it is the way it respond to Elliot Wave analysis.
Wave 1 ending at $17.298, wave 2 respected the Fibonacci retracement level of 0.786% at $9.505 then consolidated forming the a,b,c,d,e corrective Elliot wave 2.
After breakout we see the 1.00% Fibonacci Extension perfectly at $19.580. (now this is where the trap occurs most time this level are not perfectly respected they tend to poke out a bit) and that is why I have set a tight stop loss above $19.580 but I am confident based on how APE has been respecting these levels perfectly.
And yes this is what I love about APE!
Furthermore the next retracement downward (you can take a short position at set target at ($17.150 - .120). If APE continue to behave nicely as it has been doing then we will see upward movement from ($17.150 - .120).
According to previous analysis, Gold is bearish in short periodHi
According to previous analysis, Gold is bearish in short period. In this analysis, I predicted the details of elliott projection. Please wait to reach 1880 and lower than it. The big bullish impulse wave must be started at the end of this bearish wave.
Thanks for attention.
A bullish short term and a bearish anticipation afterwards.Here in the chart, currency may experience a short term impulsive completion of 5th wave of larger complex corrective wave Y.
When validated, currency pair may then face sell off to begin an anticipated impulsive wave down.
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