Elliotwavecount
PLATINUM LONG TERM WEEKLY TIMEFRAME
Corrective move down
Currently at wave (B) while wave A was a 3 Wave daily move down. What I expect to be wave C could also be a 3 wave (Y) down.
Either way the weekly timeframe is a corrective move down.
DAILY TIMEFRAME
Trading with the weekly trend down.
5 Wave move down was completed and noted as wave 1
A corrective (3-3-3-3-3) noted as wave 2 is complete
expecting a wave 3 daily down or a 5 wave down.
4 HOUR
Ideal entry zone
Probable time holding of this trade is 1-5 months : Not guaranteed just a projection depending on the timeframes
LOGITECH LONG POSITIONMarket finished full Elliot wave 1-5 and ABC correction, market has to fill the gaps it made going down so that is where are targets are.
Entry: 74 (Now because we just bounced off of an demand zone and 50% fib zone)
Target 1: 97 (First gap zone)
Target 2: 116 (Second gap zone)
Invalidation: 66 (Just below demand zone)
China fly so hard Next 10-20 YearsSeems Like a A-B-C pattern. At least above 10000.
Seems Like a A-B-C pattern. At least above 10000.
Seems Like a A-B-C pattern. At least above 10000.
ETH/USD Macro Elliott Wave CountsIn the ETH/USD 1W timeframe, 1750 becomes the key level to watch.
Bullish case (purple count): If we see a strong bounce from the 1750 level (23.6% of wave (iii)) to confirm wave (iv), we may be welcoming a wave (v) that takes ETH to $8000-12000 as well as a nice alt season soon.
Bearish case (red count): If ETH fails to hold the 1750 level, things may get very ugly in the next few years.
LUNA / USDT ELLIOT WAVE LUNA / USDT ELLIOT WAVE
Impulse dalgasının ABC düzeltmesi bitmiş ve öncül Diagonal olmuş gibi duruyor , bu yeni bir Impulse dalgasının 1 dalgası olabilir. Eğitim amaçlıdır yatırım atvsiyesi değildir.
Marathon Oil setting up to finish macro 5 wave impulse from $3showing the proposed contracting ending diagonal wave 5 within wave 5 of macro wave 5. Wave 5 within macro wave 5 began at $14.30. We finished a triangle b Friday and will get the final impulse next week. Get ready.
Elliot wave count of S&P 500 IndexCounting back to the 1800's. on a "Grand Supercycle" level, wave 3 began in the 1930's
By the beginning of 2000 we began an inherently Large ABC correction, ending with an (easily observable, in my opinion) C wave after a "throw-over" B wave leading into the current primary wave 5.
I believe that Elliot wave guidelines cannot be broken, Therefore labeling human events on a chart as the historically objective cause of particular market pullbacks/pushes are simply subjective
What human events will occur in the next 15+ year ABC correction? What/Who will be blamed for what is going to naturally take place already?
If you were fluent in Elliot waves during the 2000's - You would have known that a fail to break new highs would mean the beginning of a wave C. Correction lasted from 2000-2009. No US president or other world leader entering or leaving office can influence these unwinding patterns.
This correction is coming, the only person to blame for losing capital is the individual or entity that chose to ignore the warning signs and failed to make the trades. The Federal Reserve System does not "prop up" the market as some believe. One can trade based solely on market technical analysis, real life events do not change that! if you were trading unbeknownst to current events, market direction would be always be apparent from the chart
All market decisions technically made in singularity, unless you've entrusted someone else to make those decisions for you
Look to the higher period moving averages on a daily tf during corrections, as the 20, 200, and 800 MA beat against the 1600 period ma.
Wave 3 has lasted 80+ YEARS! Wave 4 correction is classified on a higher degree than correction spanning 00' - 09'
Oil Possible Top?We've been tracking a count on US Oil and it looks like the intermediate top is in for wave 1, if that's the case we can set up for a nice short trade for the wave 2 coming down to the 75-80 dollars range. If you do want to make this trade we'd suggest putting your stop at 92 dollars with a take profit at 80 giving a very healthy 1:5 risk to reward opportunity.
BTC/USDT (4H) Could this be the DIp to buy ? - short term long Hi Traders,
You probably think what the hell is going on with entire market and BTC especially as it dictate trend for entire Crypto market.
In my opinion we need to finish One short subwave of wave (V) of C. C is Major Corrective wave of entire growth from 3 to 69K.
So if my Elliot wave count is correct, than we will see Bottom of the Dip around 30-32K USD.
BUT. Many traders alredy expect this zone and want to buy. So I expect some F@ckUp. So
1) Either we will dip only to area aroun 33K (and most BUY orders will not be filled)
2) We will fall below 30K where more Stop-losses will be triggered what could extend last wave to something like 29-27K Area.
Be ready for both scenarios and Ladder your entry.
Also consider your strategy and RRR ;)
GBPAUD: bearish outlookHello everyone
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GBPAUD :
the price reached a Wave 5 and reacted well to the PRZ of wave 5. At the same time, this PRZ for W5 coincides with a strong resistant zone.
I show the daily chart below.
You can place a sell stop order below today's low or wait for a pullback at 4H time frame to short.
NZDCHF : bullish outlookHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
NZDCHF :
Possible Elliot counts are shown on the chart.
we can see two patterns:
1: the bigger ABC pattern.
2: the C arm of the ABC pattern includes 5 waves and the price reached the end of wave 5.
price:
the price reached a PRZ zone for the wave 5 and the end of ABC pattern.