LTC/USD Buy Setups 114.600 / 125.260 Hi Guys, LTC/USD Looking For Buy Setups either at the lows at 114.600 or 125.260 to break soon vs 134.220 / 142.670
Elliotwavecount
XRP/USD first Buy Setup 0.40116 Hi Guys, XRP/USD looks to have finished 5 waves down
looking for an entry on the pullback to 0.40116
VS 0.42633 / 0.48767 / 0.53070
BTC/USD Short Term Buy Setup 11231.0 Hi Guys, BTC/USD Bigger corrective pattern developing Short term buy setup Breaking 11231.0 VS 12338.0 / 12928.4
EUR/AUD Buy Setup 1.62471 ( Completed Pattern ? )Hi Guys, EUR/AUD Looking For Long Positions at the Break of 1.62471 VS 1.63103 , 1.64253 , 1.65521
XAG/USD Long 15.33976 Target: 15.75860 Hi Guys, XAG/USD (Silver) Looking For Buy Setup at the break of 15.33976 Target: 15.75860
GBP/USD Long Setup 1.26164 Target: 1.28369Hi Guys, GBP/USD Looking For Buy setup at 1.26164 Target: 1.28369 ( pattern completion )
EUR/AUD looking for Buy/Long PositionsHi Guys, EUR/AUD Correction could be completed ( 4th wave or X as it's very similar to the last correction as well )
for another up move ( 5th or Z ) Looking for buy setups back towards current down trendline
XLM/USD Correction finished? 0.13179393 vs 0.10563678Hi Guys, XLM/USD has made a large
correcting move sideways waiting to see if it has completed
and give us a nice buy/long setup ( impulse flag )
to head back up ( 0.13179393 vs 0.10563678 )
BSV/USD Correction Completed? 181.020 vs 245.000 Hi Guys, BSV/USD Rejected 181.020 another time Looking for buy flag/setup and see if we can break 245.000 to continue the upside momentum.
NEO/USD Correcting 20.35 vs 17.05Hi Guys, NEO/USD Expecting a larger corrective pattern (slow sideways movement) to develop before we can start looking for buys again.
IOT/USD expecting continuation for the down move Hi Guys, IOT/USD Expecting to break the recent low at 0.3940
which can complete a 123 correction against the bigger impulse.
GBP/USD looking for Short Term SellHi Guys, GBP/USD Correcting after its 1st wave down against the last impulse that broke our bigger downtrend if we can break there's a short term trade to the downside which can complete the corrective pattern for the upside
ETH/EUR Due for bigger correctionHi Guys, ETH/EUR Broke out after it completed its 5th wave up in the last impulse,
I expect we are due for a bigger correction before we can continue the upside, looking to revisit the bigger trendline first
US Dollar(DXY) Sell Set Up Wave AnalysisThis week I will be looking for shorts in the US Dollar, A potential 3rd Wave to the downside. Wait for price to give us confirmation
Soybean Futures Buy Set Up Wave AnalysisLook for a Bullish wave to the upside, in either a wave 5 or wave c
EUR/CHF Potential Sell Set Up Wave AnalysisLook for a break in trend line to give us more confluence of a bearish wave trend continuation
EUR/AUD Potential Long Term Sell Set Up Wave AnalysisWe could be near the end of a corrective structure that started in 2012, Look for signs of a sell off.
EURAUD - A TUG OF WAR BETWEEN BULLS & BEARS CONTINUEThe EURAUD weekly chart above reveals that the rally from February 2017 low to as high as 1.61957 in March 2018 took the shape of a textbook Elliot Wave leading diagonal structure. The pattern is labeled (i)-(ii)-(iii)-(iv)-(v); wave (iv) overlap wave (i) high which make the whole advance an Elliot wave motive diagonal rather than an impulse.
The Big Picture Still Remains in Favour of the Bulls
According to the theory, the motive waves “leading diagonal in this case” point in the direction of the larger sequence, and a three-wave retracement in the opposite direction follows every motive pattern.
Here, EURAUD correction seems to be unfolding as a "top flat ascending triangle" pattern labeled (a)-(b)-(c)-(d)-(e). Price has drawn wave (a)-(d) of the triangle and remain wave (e). So, in the short term, the price has the potential to move lower to complete the wave (e) of B.
However, once the corrective phase of the cycle is over, the larger trend resumes in the direction of the motive wave. This means that once the corresponding triangle correction in wave B is over, another rally in wave C can be expected.
The resistance area around 61.8% Fibonacci level of the monthly impulse structure “Not show on the chart” is plausible for the bulls.
Bottom Line
If this count is correct, traders should expect a short term decline and long term advance in EURAUD as planned on the chart.
Did you like this analysis? Let me know your thoughts in the comment.
Crude Oil Sell Set Up Wave Analysis Complex CorrectionLook for the sell set up to finish the complex W-X-Y corrective structure.
Bitcoin Wave Analysis Bullish Wave To Create Higher HighsBitcoin formed a big corrective structure all of 2018 and I believe it have ended. Price have began to rise quite impulsively from the $3,270 low of December 2018. Price is approaching a strong resistance/supply area around the $10,000 level wgere I believe we will encounter some weakness which will give people a chance to buy the pullback. In conclusion I do believe Bitcoin will keep gaining strength throughout the year eventually creating new highs.
