USDCHFAdmittedly, this pair is basically not too nice to count. I still did my best and this is the most likely count for me at the moment. What must of course always be taken into account with the corrective count is that the market can always still attach another corrective pattern. So the movement can be counted finished, but if it's really finished, only the future will show. It is possible that the 5 circled in green forms a Zig Zag and is therefore not yet finished. The target for this scenario would be 0,8721.
EWT
USDCADIt is currently not entirely clear in the USDCAD whether the downward movement in the form of the orange Y was completed or whether the yellow circled y was completed first. In the first scenario, the complete labeling would have to be set to a higher degree. To make the first scenario recognizable, I have drawn in here with Alt. In any case, the dollar should rise again in the coming weeks. It is possible that a small downward wave is still missing in the blue c.
Tesla. That's The Top. Roast Me.TSLA has had quite the come-up recently - I think I've said that phrase about 3 times in the past year. Here's the case - this looks like a solid third wave extension I identified this when I zoomed out to the daily candles. You can see the detailed wave-count on the 4-hour chart starting from November of last year.
Predicting a rather severe correction potentially ending in the lower 300 range - this move would be incredibly healthy for TSLA in the long term as it validates this entire bull run-up. Price points obtained with volume-profile and various fib retrace zones.
(Reference Image here for third-wave extension www.elliottwavetrader.net )
Energy Web Token is breaking out after trying to find a bottom !After EWT topped out in August 2020 after a 4 x run, the token has been in a more than 4 month downtrend channel relative to Bitcoin.
This changed today !
At the moment EWT is back testing the descending trendline of the channel.
It seems to me that it has finally carved out a bottom and wants to trend higher.
Not financial advice but I have been buying around 10th December when EWT seemed to be collapsing....
I was lucky ! EWT is up 25% today alone !!