USDCAD ForecastPrice is trading in an impulse phase, projecting a potential wave 4 minor drop then making a wave 5 high. Wave 2 retraced more than 61,8 Fibonacci level which tells us that wave 3 will complete at 2.618 Fibonacci extension level. Often wave 4 retraces 38,2 of wave 4. Also, keep in mind a base channel.
Impulse
XAUUSD ForecastDouble correction formation in the upside direction. We're trading in the last leg (Y) potential A-B-C zig-zag pattern. The long side won't last too long we have to anticipate the price to reach the 78,6 Fibonacci level.
Often times waves (w) and (y) are equal we can use that idea to look for wave (y) target which in this case correlates well with Fibonacci level.
BTC is a possible outcome!!!Why do I think so?
According to one version, the growth ended at 68944.62 with the
fifth wave according to Elliott's theory, from the entire movement of Bitcoin since 2010!
The price is lowered to the level of 15495.37, which may be the first wave
Adjusted by 31799.86 (second wave)
And it can give a third wave to the new Global zone 7577.63-3629.76
By making the current Global Zone a zone of Control at the highest TF
According to the second version, the fifth wave ended in December 2017 and was corrected in three waves into a triangle!
Then
From the current control zone we can go to the level of 48191.03
Or give a correction deeper at 22140.02 and from there it will go to the level of 48191.03
And then HIGHER!!!
I will attach a global screen!!!
UWGN Sale!!!I didn't look what happened there!
But clearly, something happened
In a week, the price just collapsed by almost 73%!
The control zone was simply stitched, there is not even anything to catch on, but there is a zone on a smaller TF!
The price has already left the buy zone, but is under the price of the total volume in the control zone from the uptrend!
While I was writing, the price went beyond
the volume price
There may be a correction and a hike below to the area of 51.0, 37.0, 27.9 on the highest timeframe!!!
careful!!!
But then it means the cars are rolling away!!!
MATIC is in the purchase zone!!!Global Buy zone 0.4374-0.2353
The purchase level of 0.3208 has worked out
Now the price is in the buy zone 0.5795-0.4879
Which is located in the local purchase zone 0.5663-0.4080
Buy level 0.4933
Volume price 0.8805
There is a probability of entering the Global ZONE!!!
Bucket 0.32!!!
Further buys are expected, either it is shortlived or it will laFirst bias we are in an A-B-C zigzag correction where waves A and C are equal After wave C we can expect the price to start selling.
The second bias we are in an impulse pattern, of which we are in a 3rd wave phase which could be projected to 1.618 Fibonacci extension level.
What do you think what's your view?
- Zig-Zag correction
- Impulse pattern
AUDUSD ForecastFurther upside can be expected from USDCAD but we should wait for a minor correction before considering the long direction as of yet. We can expect a classic A-B-C Zig-Zag correction.
The impulse pattern lasted longer than expected, with an extended wave 3 projected to about 2.618 Fibonacci levels.
USDCAD ForecastFurther upside can be expected from USDCAD but we should wait for a minor correction before considering the long direction as of yet. We can expect a classic A-B-C Zig-Zag correction.
The impulse pattern lasted longer than expected, with an extended wave 3 projected to about 2.618 Fibonacci levels.
USDZAR ForecastThe USDZAR seems ready to be bullish, no long ago we anticipated a correction for wave (2) which then occurred and traded to a 50% Fibonacci retracement.
The upside will last a lot longer we can expect it to break the previous high with a Fibonacci projection of 1.61.8 as that is common for wave 3s to extend to that level.
MOVR in the purchase zone!!!I set the levels for the global impulse (white) 495.0-237.0
Received the control zone 54.32-26.01 and the global purchase zone 6.41-1.58
The purchase level of this zone is 3.56
Set the levels according to the local pulse (white) 13.3-9.54
Got the purchase zone 4.86-3.47
Total volume price 11.2326
I do not expect a sharp exit, there will be accumulation and withdrawal of coins!!!
USDZAR 4H ForecastWe're in a bullish sequence on USDZAR, we're in a wave 3 phase which will unfold as an impulse wave. USDZAR will most likely trade bullish based on inverse correlation where XXXUSD trades on the bearish side. We can expect a minor pullback which may result in a significant buy very soon.
TON Level of the Market makerThe purchase was at the level of 1.1545 in the purchase zone of 1.3168-1.0121
Now the price is in a conditional triangle at the level of the market maker 1.9107
The price of the trading volume is 1.4008
The price of the total volume was 2.2786
Events:
Exit from the triangle with anchoring
Volume Price level test
Entrance to the control zone 2.43-3.10
Level 3.95
Control zone 4.92-7.80
Just in case, exit down with a pin
Level 0.77
Buy zone, averaging 0.61-0.37
Bucket 0.498
MANA exodus is near!!!Technically we are at the bottom!
I buy at this level 0.29!
Volume price 0.298
It is very unlikely that we will go lower, but even so it is! It will depend on the project or the market as a whole.
In the future, according to the previous impulse, we can reach $11
More precisely, I can say when there will be an exit from the accumulation.
AUDUSD ForecastPrice is ready to trade bullish, as impulse phase. We finished the corrective level at the 78,6 Fibonacci multiple levels. Wave (A) and (C) are currently equal suggesting that the zig-zag correction is over.
The wave (C) of the zig-zag is an impulse pattern. And the impulse confirms that we are potentially over. Waves 1 and 5 are relatively equal as well and the move seems to repeat itself.
USDCHF ForecastWe have been stuck in a 4th wave of corrective moves for a while now. We will potentially start trading bearish very soon to complete wave 5 of the impulse sequence before getting any deep and interesting pullback( correction). A few key factors are true waves 1 and 4 no overlapped and wave 3 is not the shortest wave of all.
MANA is in the purchase zone !!!Mana is in the sweet shopping zone!!! 0,32988-0,24128
Local area 0.314-0.205
The purchase level is 0.254
Global purchase zone 0.314-0.122
The purchase level is 0.211 the price can come to this level
The price of the total volume is 0.31094
We are closely monitoring this level!!!
The volume price is 0.77702
This is another important level, it will manifest itself in the future!!!