Elliottwaveforecasts
Elliott Wave - SELL GBPCAD - Potential Leading diagonalGood evening traders,
We are testing out some Elliott wave analysis.
We are currently watching the GBPCAD as we could be looking at a leading diagonal.
A leading diagonal consists of five waves, labeled 1-2-3-4-5.
Waves 2 and 4 are always corrective,
Wave 1 is usually the longest
Wave 3 cannot be the shortest among waves 1,3 and 5.
Waves 1 and 4 overlap
Leading diagonals occur in the position of the first wave of an impulse or wave A of a zig-zag correction.
Any thoughts or comments are welcome,
We are currently shorting with our initial target of 1.6900
EURUSD Spread Your Wings and FLAAA AWAY !AHHH EURUSD....
Why u do this ?
Why u have to go according to plan...
My peesha has not come...
My tea has not cooled down...
Why EURUSD.... WHY !!
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If i see any rejection or bullish setup above 1.10851...
I will buy... And keep on buying.... Until i buy no moar.....
That yellow (orange) zone is where my eyes will be glued to.....
Ah EURUSD....
Why u must do this.....
I want my PEESHA NOW !!!
EURUSD - Wave 5 session - BullishWell, this is interesting... Yesterday both 1D and 1H timeframe shows the making of wave 5. This is a good indicator that a long wave 5 is in motion. My suggestion is to wait for a few more hours since the price is going down (about three candles more or less) before you start your BUY order. There's a possibility that the price is going downfall to the bouncing line, so place your stop loss accordingly.
Trade safe!
XAUUSD The Ups and Downs and UP UP UP UP UP UP UP UP UP UP UPHello XAUUSD,
How does you fare ?
How does fare you thee yes ? No !
After the overextending Bullish... Something happened....
We are looking at the corrective movement (or retracement, or something....)
We might see a short oppotunity when it reaches that Yellow (Orange) zone on 1580 levels...
Goes down to 1540 ish area......
And then BAM ! TO THE UPSIDE AND AWAY !!!
And then death.....
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Leave me now in peace....
For my tea is ready.....
A Bitcoin Macro Elliott Wave Count You Haven't Seen YetI've broken down an Elliott Wave count in this video that I feel is strongly accurate at projecting a 3rd wave top of 136k for bitcoin over the next 12 to 18 months. The technical justification to support it is compounding from an Elliott wave perspective.
My name is Schyler and I'm a full time Elliott Wave trader in the crypto market that focuses on helping provide daily updates to aspiring traders as well as provide Elliott Wave educational videos that take elliott wave concepts beyond the basics and teach individuals advanced applications of the trading style.
I hope you consider following and check out all my other social platforms as well.
Sincerely,
The Hippo
EURNZD - SHORT PLANLooking to EURNZD, there is a good setup in this pair.
Based on EW, I would like to see the price getting higher to my "Area of Value" and I will go to lower timeframe to get into short opportunity.
We can call this intraday trade, in order to confirm my short bias of course I would love to see if the price makes a Lower Low in Daily TF before doing any pullback. In this case also, its finishing all impulsive waves.
Let's see how it goes.
XAUUSD What the hell are you doing !?Gold is OVERPERFORMING...........
This is what overextending looks like.
This is what everything bad looks like !
But regardless....
When this falls, (anytime now) it will reach my Yellow Zone (and we could finally... FINALLY... Enter Long to the Heavens i spoketh about)
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Be aware tho, all the crazy news all around the world could actually drive the price further up.
And im stuck here waiting......................................................
Anyways... Grab yourself a box of peesha... Its gonna take a while.....
EUR/USD Wave Analysis Buy Set UpEUR/USD have been consolidating lower in a corrective structure since December 13th, the move down is contained within parallel lines which gives more support that price will continue to the upside in a underlying Bullish trend. Price is currently being supported by the 61.8% fibonacci retracement level of the most recent swing low, The 3 wave corrective structure shuld come to a end this week and I am looking for Buy set ups