BIST:LINK Possible Expanding Diagonal Possible Expanding Diagonal + High Volume + Extreme Fear + 5 Elliott's Wave Count Down What will you do with this information...?
XAUUSD probably forming an expanding flat abc (blue circled) in wave B (red) where wave c ( blue circled) probably an expanding ending diagonal pattern (i)(ii(iii)(iv)(v)(yellow)
Gold need to "retrace" to 2050 +/- ( monthly order block PLUS ++ Bcos wave (c) Red have 3,3,3,.. wave structure . So it's an expanding ending diagonal wave structure!
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($65,700-$64,500) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 in the 15-minute time frame . 🔔I expect Bitcoin to Drop again and break the 🟢 Support zone($63,370-$62,790) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and...
XAUUSD, An Amazing Moves in wave C (yellow) within 1 day! Gold's Wave C (Red Circled) is an expanding ending diagonal pattern.
According to my wave count, BTCUSDT is finishing an 5th wave expanded in an ending diagonal to complete wave 5 of the actual bearish impulsive wave of this cyclical bear market.
BTCUSDT is in a downtrend now to fill the corrective wave-A in a broadening structure, which suggests by the wave count that we are in the terminus of a micro wave-ii, thereby the expected retrace can reach 27750 in the rest of the day, i.e. I'm predicting a extensive wave-(V) in a expanding ending diagonal (broadening wedge formation).
Expanding diagonal ending at potential right shoulder peak below volume POC.
USDRUB Complete the Monthly Wave 5 with Expanding Ending Diagonal. Now we have correction ABC or Downtrend with 5 Waves
Gold possible forming an expanding ending diagonal pattern as highlighted zone.
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer
..2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
P/s. To have more "consistent" Elliot Wave Counts.. Unlike Text Book written Elliot Wave Theory :- There is 5 sub-waves in any Impulsive Waves .. Traders are advised to label ONLY a-b-c 3 Sub-waves on ANY Impulsive Waves...
GOLD wave iv ( Cyan /Light Blue) having pullback which is much deeper . Price seem hold at the lower line (cyan/light blue dotted) of wedge /expanding ending diagonal pattern.. Long Gold until around 10 Nov 2021 (The Next Due daily Cycle) toward around 1870 till around 10 Nov 2021.. 1870 Price Zone are :- 1) The yellow(dotted) downtrend resistance.. 2) Next...
GOLD may form a running flat pattern in wave iv (cyan /light blue) .. Where price may have deep pullback till around 1788 at 1) 1 hour 233 EMA (white) AND 2) Lower Trend line Support (Dotted cyan ) of Wedge/ Expanding Diagonal Pattern..