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Elliottwaveideas

NASDAQ in the C wave as expectedHello trader! As you can see, the NAS100 keeps dropping exactly like what we analysed on 19th March. Thanks to the Elliott Waves, we are now in the C of the ABC correction. We are therefore in the C of the C. We will then see another red week to go to reach the different objectives. First objective: 12250/12173 Second objective (strongest) : 11720/11600. This one is the strongest because we will reach the 50% of the retracement of the 2 years of COVID, and also the 123% of extension
NShort
by ModTrades
USDJPY Trade Idea - Elliott WaveLet’s discuss the price chart of the USDJPY currency pair based on the 480 minute timeframe. From the Elliott Wave perspective, the price action appears to have completed Wave (5). The parallel channel also confirms this analysis. Additionally, most momentum oscillators are forming a bearish divergence pattern, which is typical at the end of fifth waves. Essentially the upside momentum is waning, and a downward correction is imminent. From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, topped on April 1 (1st vertical line), and is projected to form a bottom on May 6 (2nd vertical line). Based on this, we can expect prices to move lower from here. The actual sell confirmation would occur upon the breakout and close below the lower parallel channel. A Fibonacci retracement of 50% of the entire bullish impulse would be a likely support area. If you find this analysis useful, make sure to press the “Like” button and Follow us.
Short
by ForexTrainingGroup
1
GBPAUD Trade Idea - Elliott WaveLet’s discuss the price chart of the GBPAUD currency pair based on the 480 minute timeframe. From the Elliott Wave perspective, the price has completed the 5 wave impulse sequence down on April 5. From that point, we have been trading higher in a corrective formation which appears to be carving out a W, X, Y pattern. From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, bottomed on April 3 (green vertical line), and is projected to form a top on June 17. Based on this, we can expect prices to move higher after the minor X (circle) is complete, which should be within the next few days or so at the latest. The price should continue until it reaches a distance equivalent to that traveled in wave W (circle). If you find this analysis useful, make sure to press the “Like” button and Follow us.
Long
by ForexTrainingGroup
2
GOLD - EW main count !! LongHello trader, good mood and profitable deals! 💲 GOLD 2 hour chart EW - Analysis This is my Elliot Wave main count!! EMA 10 - 13 - 20 and EMA50 in red are also geared towards EW. EMA50 serves as a strong support. This should hold otherwise we should prepare for a stronger bullback or trend change! I would like to mention that all I post are just options and my own opinion! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. ➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️ Thanks for reading my ideas!
GLong
by TR7z
2
EURGBP Trade Idea - Elliott WaveLet’s discuss the price chart of the EURGBP currency pair based on the 480 minute timeframe. From the Elliott Wave perspective, the price action has recently completed an ending diagonal triangle formation. The price is trading within Wave 3 (circle). The most recent retracement is approaching a 78% Fibonnaci level. From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, bottomed on April 1 (1st vertical line), and is projected to form a top on April 29 (2nd vertical line). Based on this, we can expect prices to find support at or near the current level and start trading higher towards the 0.8599 level which is the next major resistance area. If you find this analysis useful, make sure to press the “Like” button and comment.
Long
by ForexTrainingGroup
1
Very Short Term opportunity on ETH using Elliott WavesBYBIT:ETHUSDT This is on a 15 minute time scale. The pullback that we have seen over the last day or so seems to be getting over. What we are seeing is an advance that might unfold in 5 waves as labelled on this chart. This should be followed by a decline in 3 waves (ABC). In case that happens and the price starts to move up explosively, I will look at entering a long trade at the top of wave 5, which might happen around the 3308 level, and a stop loss at the bottom of wave C of 2. The RSI also indicates a bullish divergence which is favouring the end of the recent pullback.
Long
by dhirajkhanna
6
BITCOIN Range Trading - I do not trust the latest pump++++++++++++++++++++++++ no financial advice ++++++++++++++++++++++++ I reproduce my thought processes in detail in the video. Summary: Still ranging! Don't forget to like, follow and comment :) Have fun +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Contact me NOW if you want to have the following: - ✍️ Analyzes every day – crypto and forex - 📈 Our self programmed wavereader – a force in any market - 🗣 Our personal trading setups - 🥇 Education in Elliott Waves, Gann and more (videos and scripts) - 🏆 Discussing trading ideas with our community, that we have trained
INDEX:BTCUSD
by CIGTechnischeAnalyse
3