Elliottwaveidea
Nifty wave C 80% completed & heading towards 17255 - 17161-Nifty gave further confirmation of wave C after my last post & now heading to cross 17255 zone which is also 100% level
-As discussed in last post wave C generally retraces to 100% - 130% in most of the cases
-markets can fall further too after crossing 100% - 130% zone but 17161 is strong support from where wave 4 was started
-safe players can exit theirs positions after 100% level is crossed or book 90% of profits with strict stop loss around 17300 zone (in case anything goes against us) & trail till 17161 - 17100
-After that we can expect new wave cycle from there but we will discuss it when the time comes
Hope this idea was helpful & good learning experience
Long USDJPY with Elliott WaveShort term trend for USDJPY with elliott wave
All are just forecasts, watch and refer.
I think this is the most likely option
Thanks for watch
BTC starting wave 5 of weekIn monthly i have no idea about BTC because in my idea this at the moment is very sensitive about bubble bursting. But in weekly we can see it just closed wave 4 of week (Elliott wave) and if this is the last bullrun (monthly waves) so i want to see Head and shoulders or Triple top pattern in there. Psychology will be excited if the BTC break ATH 3 times in a shortime and that's what I want to see. Wish you successful trading and control your emotions.
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
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AUDJPY BREAKDOWN Price is at subminuette wave 4 which carries 3 waves as a corrective wave of wave 5 as the whole impulse wave. Do know that price is still at wave C as a correction phase and at wave 5 as the impulse phase.
Tips
Motive wave = 5 waves (12345)
Corrective wave = 3 waves (ABC)
ETHUSD 💵💵💵😊💵💵💵ETHUSD seems to be moving in the same pattern as BTCUSD.
So far we are in a correction of wave (1) and we're expecting bears to be in control all the way down to wave 2. Then bulls will definitely get on board to ride the all the way up to wave 3..
Please, don't miss the next coming bulls move, as this will the longest bulls move after wave 2 correction is completed.
Remember this , Bulls need more gas to take control of wave 3.
Wishing you all the best...💵💵💵😊💵💵💵
GBPJPY Trade Idea - Elliott WaveLet’s discuss the price chart of the GBPJPY currency pair based on the 240 minute timeframe.
From the Elliott Wave perspective, the price action appears to have completed Wave B of the corrective sequence just beyond the 78.6% Fibonacci retracement level. GBPJPY is currently progressing in Wave C down.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, topped on April 6 (red vertical line), and is projected to form a bottom on June 13.
Based on this, we can expect prices to push lower from here. The confirmation will come upon a breakout below the lower channel line and is likely to find support when it reaches a 100% Fib extension of Wave A.
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Silver go to 28-30Hi
In abc construction, we are in ending c wave.
Now c has ending diagonal and this structure is confirmed by macd in 4h.
Have good trade
Gold t0 2150 targetHi
Gold is in ending diagonal with ABC construction. Macd also confirm this pattern.
We are in fifth wave and raise in his channel to 2150 on the end of August.
Have good trend.
BitcoinThis level has remained interesting.
we are going lower first
Again we are still in line for a possible running flat, expanding flat (<28k)
Southern Copper SCCO futureI mean is this really impossible?
Is it probable? no
Will I be trading it? yes
this stock has always shown the clearest of waves and with precious metals & inflation on the rise, why shouldn't a company have some strong incentives?
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
LTCUSD 30m /short term/Simply correction ABC
Wave A - 5 waves
Wave B - /running flat /abc - yellow / 3-3-5 /
LTCUSD 30m /short term/Simply correction ABC /5-3-5/ zig zag
Wave A - 5 waves
Wave B - Complex correction / running or expanded flat / - 3 waves
Wave C - 5 waves
Bull div for wave B
ETHUSD 30 m / short term /1-2 / 1-2 / for impulse or complex correction - triangle or double ziz zag
XPDUSD 12 HWave 4 green finish
LD / leading diagonal / 1-5 white waves / finish / small time frame /
