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🔮USD/CAD — Elliott Wave Analysis●● Preferred count ● USDCAD: 🕐 3M Fig.1 The historical price chart is taken from the RSWA forum. The author of the work is honored and respected, I am sure that it is worth a lot of work to collect and process such an array of data. But for a number of reasons, I did not consider it necessary to publish the original version of the markup. In Fig.1 there is a marking of my authorship, which suggests the development of the ending diagonal (c) as part of the "Grand Supercycle" zigzag ((IV)) . _______________________________________ ● USDCAD (FXCM) :🕐 4D Fig.2 The wave structure of a wave (B) of Ⓨ meets all requirements, can be considered complete. At the same time, you can find a dozen variants of local alternatives that allow the formation of correction (B) to continue in one form or another. _______________________________________ ● USDCAD (FXCM) :🕐 1D Fig.3 One of the most likely, in my opinion, local alternatives within the daily timeframe is marked in black, namely the regular flat A-B-C , within which C forms the ending diagonal . This marking option will become the main one in case the current top (B) , level 1.20036 is broken. _______________________________________ ● USDCAD (FXCM) :🕐 8h Fig.4 Most likely, wave 1 of (C ) takes the form of an leading diagonal consisting of zigzags. _______________________________________ _______________________________________ ●● Alternative count ● USDCAD (FXCM) :🕐 4D Fig.5 In Fig.5 , there is another version of the wave counting, which can be implemented in the medium term. The triangle Ⓧ can significantly expand its boundaries. Yes, there are questions about the counting of some wave structures, but for that it is an alternative scenario. _______________________________________ Disclaimer : — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
by TradeWaves-EWA
1
🧑‍🚀Yandex. Growth prospects.● YNDX: 🕐 1D In the long term, Yandex shares may rise in price significantly, however, like most other securities of Russian issuers. The counting of the wave structure on the daily interval encourages the adoption of a trading decision in favor of a long position. _______________________________________ ● YNDX: 🕐 2h Perhaps the complication of ⓒ of Y of (2) to the ending diagonal with the achievement of the target zone indicated by the blue channel. A buy recommendation from my side will follow only if there are waves 1 - 2 as part of the expected intermediate wave (3) . _______________________________________ Disclaimer: — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
RUS:YDEXLong
by TradeWaves-EWA
DXY - Decades of a weakening US dollar.●● Preferred count ● U.S. Dollar Currency Index (DXY) : 🕐 1M Globally, the dollar follows a positive trend in a submillennium wave. It is expected that the subwave (b) of ((IV)) will take the form of a side correction in the form of a triangle , followed by an exit from the model down. The completion of the locally negative phase within the Grand Supercycle ((IV)) wave will most likely fall on the price area of the previous fourth wave, the beginning of which is the peak (III) , level 63.5 . The counting was based on the developments © pr0 (RSWA), published in the material “The Hypothesis of the Fractal Lag of Sociometers”. _______________________________________ ● U.S. Dollar Currency Index (DXY) : 🕐 1W Triangle Ⓑ of d , I want to note, I have been predicting since May 2020 . Strengthening within the subwave (C) is ending, a decline is expected within the zigzag (D) . _______________________________________ ● U.S. Dollar Currency Index (DXY) : 🕐 1D Wave (C) of Ⓑ is forbidden to go beyond the top (A) , level "invalid." . In the event of a breakdown of this level, the wave count will require revision. _______________________________________ ● U.S. Dollar Currency Index (DXY) : 🕐 4h Within an eight-hour timeframe, I consider two options for interpreting wave (C) : a double zigzag W-X-Y and a rare triple zigzag , the second of which is marked on the slide below ↷ Both options allow local continuation of growth within the ending diagonal ⓒ of Y / ⓒ of Z . _______________________________________ ●● Alternative count ● U.S. Dollar Currency Index (DXY) : 🕐 1W The alternative remains the probability of exiting the triangle upwards, in case c of (x) goes into complication up to a double zigzag Ⓦ-Ⓧ-Ⓨ . _______________________________________ Disclaimer : — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
TVC:DXYShort
by TradeWaves-EWA
6
🛢️Brent oil - correction lasting several years? 🕰️● CFDs on Brent Crude Oil ( UKOIL ): 🕐 1M "Fig. 1" The development of the ending diagonal is expected within the wave (V) of ((III)) . _______________________________________ ● BCOUSD (OANDA): 🕐 2D "Fig. 2" From the end of wave II, there is a five-wave structure — an impulse that could be wave Ⓐ . If this assumption is correct, then the current decline is part of the correction Ⓑ , which can take the form of any corrective pattern and last for several years. _______________________________________ BCOUSD (OANDA): 🕐 4h "Fig. 3" "Fig. 4" Once again, I repeat that at this stage in the development of the correction it is not possible to predict its final shape and duration, but I am betting on a triangle , on a model that has a high predictive value and is appears , according to my experience, in wave B of the zigzag most often. _______________________________________ Disclaimer — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
TVC:UKOILLong
by TradeWaves-EWA
🎯NZDUSD is a good prospect for building a trading pyramid●● Preferred count ● NZDUSD (IDC): 🕐1 M As expected back in the distant 2019 , after the completion of the double zigzag , growth followed, presumably within the third wave of the ending diagonal c of (IV) . _______________________________________ ● NZDUSD (SAXO): 🕐 1D Primary wave ③ is likely to show a double zigzag shape (W) - (X) - (Y) . In the area indicated by the blue channel, the completion of the correction (X) and the subsequent resumption of growth by the final wave (Y) is expected. As a local alternative, wave (X) can take the shape of a triangle or a flat correction . _______________________________________ ● NZDUSD (SAXO):🕐 4h I recommend keeping a part of the short position with an eye to implementing an alternative count. _______________________________________ _______________________________________ ●● Alternative count ● NZDUSD (IDC): 🕐 1M The alternative wave count has not changed. There is a possibility that the wave Ⓧ of I has assumed the form of a flat . _______________________________________ ● NZDUSD (IDC): 🕐1D Most likely, wave (C) of Ⓨ will go beyond the top C of (B) , level 0.54720 , reaching the lower border of the 0-Ⓦ-Ⓧ channel. Not a bad prospect for building a short trading pyramid. _______________________________________ Disclaimer — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
by TradeWaves-EWA
3
🐻 S&P 500 — The crash of the US stock market 🌠●● Preferred count ● S&P 500 - U.S. (^SPX)🕐 TF:60D "Fig. 1" This interpretation of long-term waves (with a small difference) was published by TradeWaves-EWA © April 8 , 2019 . Next, on December 16 , 2020 , a minor change was made to the wave I subdivision count. It is November 2021 , the count is relevant and does not require revision, I hope it will remain so in the future. As for the forecast itself, in the foreseeable future — 5 - 10 years as part of the preferred count and in the near future under the alternative scenario — a sideways correction is expected within the framework of a supercyclical wave (IV) , with a duration of 10 - 15 years and a potential target of 1500 points ... ● SPXUSD (USD SP 500 CFD)🕐 TF:1W "Fig. 2" If you see the count in my performance on a light background, you should know that this is the main scenario. As you noticed, in "Fig. 1" wave I is an impulse , which already speaks in favor of the fact that wave V of (III) will take the form of the ending diagonal . Moreover, the counting of the internal structure, as well as the "Right Look", helps to focus on this particular version of the count. In any case, the "covid" rally is coming to an end, it is worth preparing for a great bear market. ● SPXUSD (USD SP 500 CFD)🕐 TF:1D "Fig. 3" On the horizon, there is a correction by a minor wave 4 , which, based on the guideline of alternation, will take the form of a sideways correction in the form of a triangle or a flat . ● SPXUSD (USD SP 500 CFD)🕐 TF:4h "Fig. 4" In fact, the decline is already underway within wave (iv) . Further, the growth of the final (v) of ⓥ of 3 is expected. ___________________________________ ●● Alternative count ● SPXUSD (USD SP 500 CFD)🕐 TF:1W "Fig. 5" As it was announced earlier, the alternative scenario is extremely negative and suggests the beginning of the decline by the supercyclical wave (IV) practically from the current values. Black label denotes a locally alternative count option, more bullish, but still through a rather deep retracement within the wave ② . ● SPXUSD (USD SP 500 CFD)🕐 TF:4h "Fig. 6" Alternative labeling was born literally today. Wave (4) can be represented as a combination "Double three" . Then the impulse is formed by the final wave (5) of ⑤ . It should be noted that such a count can be applied to the main scenario, it is only required to lower the wave degree by one level. ___________________________________ Disclaimer — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
FOREXCOM:SPX500
by TradeWaves-EWA
8
🔥 Natural gas will rise in price three times 🥶●● Preferred count ● NATURALGAS ( Currency.com ) 🕐TF:1W Globally, the price of natural gas is driven by the third wave of the Grand Supercycle , within which the final wave (V) is developing. Wave (IV) that preceded it took the shape of a w-x-y double zigzag , although one should not exclude further complication before a sideways correction. ● NATGASUSD ( OANDA )🕐TF:1D Behind the most powerful part of the wave ① of I — Third of a Third — 3 of (3) , on the horizon — a less rapid growth in the fifth waves, followed by a series of downward corrections. ● NATGASUSD ( OANDA )🕐TF:4h A correction by wave 4 is expected in the form of an expanded flat , the target for which may be the area of the previous fourth . ● NATGASUSD ( OANDA )🕐TF:2h Wave ⓒ of 4 , presumably, is unfolding the ending diagonal . ●● Alternative count ● NATGASUSD ( OANDA )🕐TF:2h As an alternative count — wave 4 of (3) is a running contracting triangle . This interpretation implies the resumption of growth within wave 5 from the current levels. Long position under the conditions of the implementation of the main scenario seems to me less risky, but the alternative count also offers good opportunities for long at current prices.
NLong
by TradeWaves-EWA
𝘾𝙤𝙥𝙥𝙚𝙧 𝙁𝙪𝙩𝙪𝙧𝙚𝙨 (𝙃𝙂1!) — 𝙀𝙒𝘼HG1!: 🕐 6h A big review of this asset is planned for the first half of next year, but decided to make a small update to the count, as the current sideways formation looks very much like a bullish contracting triangle that is about to be completed. On completion of the final wave E of (B) , there will be a good trading setup for a long position. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
COMEX:HG1!Long
by TradeWaves-EWA
2
🚀𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙛𝙞𝙣𝙖𝙡 𝙬𝙖𝙫𝙚...🌠●● 𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙀𝙒𝘼 ● ADAUSDT (BINANCE): 🕐1D The rocketing five-wave advance forms a nearly perfect impulse , in which the fifth wave is expected to rise. Extension by the third wave, alternating waves 2-4 , touching by the top of wave 4 to channels 1-2-3 — all this is a harbinger of growth by wave 5 , which on its way, most likely, will go beyond the extremum of wave 4 of (1) . ● ADAUSDT (BINANCE): 🕐6h Tentative targets for wave 5 , unless, of course, we go into extension, are located in the area marked in pink . Further, a decline is expected by the intermediate wave (2) to the area of the previous fourth wave. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
3
💨Cross Rate 𝙂𝘽𝙋 / 𝙅𝙋𝙔 - Grand Triangle 🌊●●● 𝙂𝘽𝙋/𝙅𝙋𝙔 — 𝙀𝙒𝘼 ●● 𝙈𝙞𝙣𝙚 𝙨𝙘𝙚𝙣𝙖𝙧𝙞𝙤 ● GBPJPY (FXCM): 🕐1W Globally, the GBP / JPY cross rate is in a downtrend. The Yen is strengthening on all fronts as part of the senior correction of the fourth wave of the "Grand Supercycle" degree, presumably, unfolding a double zigzag with a triangle (x) . The final of wave ((X)) of d is close. Further, a decline is expected by wave ((Y)) , which should take the form of a single zigzag , the critical level for which is the bottom of the subwave b of the large triangle (x) . ● GBPJPY (FXCM): 🕐1D Counting waves on a daily interval is exotic, suggests considering wave ((X)) in the form of a rare combination of the SZ-X-FL type. This calculation was chosen as a compromise between the rules and the "right look" . ● GBPJPY (FXCM): 🕐6h As you know, the wave C of the plane is always an impulse or a ending diagonal . At the current stage of growth, any of these options can be implemented, but the priority is given to the diagonal ( (i)) - ((ii)) - ((iii)) - ((iv)) - ((v)) . ●● 𝘼𝙡𝙩𝙚𝙧𝙖𝙣𝙞𝙫𝙚 𝙨𝙘𝙚𝙣𝙖𝙧𝙞𝙤 ● GBPJPY (IDC): 🕐1W An alternative wave count locally reinforces the main scenario, suggests wave ((IV)) in the form of a single zigzag , within which (c) unflolding the ending diagonal . The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
💨𝙀𝙒 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝙈𝙪𝙡𝙩𝙞𝙥𝙡𝙚 𝙕𝙞𝙜𝙯𝙖𝙜🌊●●● 𝙈𝙪𝙡𝙩𝙞𝙥𝙡𝙚 𝙕𝙞𝙜𝙯𝙖𝙜 (Mult.Z) Keep in mind that an triple zigzag is rare ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● A Multiple Zigzag comprise two (or three) single zigzags separated by one (or two) corrective pattern(s) in the opposite direction, labeled X . In the first case, it is called «double zigzag», in the second - «triple zigzag» (The first single zigzag is labeled W , the second Y , and the third, if there is one, Z .) ● Waves W , Y and Z are always single zigzags . ● Wave X never goes beyond the beginning of waves W and Y . ● Wave Y always ends past the end of the W , and wave Z , if any, always ends past the end of the Y . ● The first X wave always ends on the territory of the W wave, the second X , if any, on the territory of the Y wave. ● In a triple zigzag, the first X wave is always a zigzag, flat or combination . The second X wave is always a zigzag, flat , triangle or combination . ● In a double zigzag, wave X is always a zigzag, flat , triangle , or combination . ● Double and triple zigzags replace single zigzags , but cannot appear as W , Y , or Z waves. ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ●In a double zigzag, wave Y can equal wave W , .618 wave W , 1.618 wave W , or .terminate at a distance equal to .618 wave W past wave W . In a triple zigzag, there can be equality among waves W , Y and Z , or wave Z can equal .618 wave Y , 1.618 wave Y , or .terminate at a distance equal to .618 wave Y , past wave Y . In a triple zigzag, the Fibonacci relationships between waves W and Y , would be the same as a double zigzag. ● The Fibonacci relationships between waves W and X in a double zigzag, and waves Y and XX in a triple zigzag are analogous to the relationships between waves A and B in a single zigzag . ● In a double zigzag, as a guideline, wave b of wave Y should not break the trendline that connects the beginning of wave W with the end of wave X . ● As a guideline, wave X (second wave X of the triple zigzag) of a double zigzag should break the trend channel formed by the first zigzag in wave W ( Y ) and be greater than 80% of subwave b of wave W ( Y and Z ). ● When a zigzag appears too small to be the entire wave with respect to the preceding wave (or, if it is to be wave 4 , the preceding wave 2 ), the complication of the structure to a multiple zigzag will probably follow. Elliott Wave Principal 2005 and Q&A EWI .
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
5
💨𝙀𝙒 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝙎𝙞𝙣𝙜𝙡𝙚 𝙕𝙞𝙜𝙯𝙖𝙜🌊●●● 𝙎𝙞𝙣𝙜𝙡𝙚 𝙕𝙞𝙜𝙯𝙖𝙜 (SZ or ZZ) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● A zigzag always subdivides into three waves. ● Wave A always subdivides into an impulse or leading diagonal . ● Wave C always subdivides into an impulse or ending diagonal . ● Wave B always subdivides into a zigzag, flat , triangle or combination thereof . ● Wave B never moves beyond the start of wave A . ● Wave B always ends within the price territory of wave A . ● Wave C almost always ends beyond the end of wave A . (failure to comply with this requirement is called «truncation» * * Guideline, but should be followed as a rule ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Wave C should not fail to reach the end of wave A by more than 10% of the length of wave A . ● In a zigzag, the length of wave C is usually equal to that of wave A , although it is not uncommonly 1.618 or .618 times the length of wave A (rarely 2.618 ) ● Wave B typically retraces 38 to 79 percent of wave A . ● If wave B is a contracting triangle, it will typically retrace 38 to 50 percent of wave A . ● If wave B is a running contracting triangle , it will typically retrace between 10 and 40 percent of wave A . ● If wave B is a zigzag, it will typically retrace 50 to 79 percent of wave A . ● In a zigzag, if wave A is a leading diagonal , then we would not expect to see an ending diagonal for wave C . ● A line connecting the ends of waves A and C is often parallel to a line connecting the end of wave B and the start of wave A . (Forecasting guideline: Wave C often ends upon reaching a line drawn from the end of wave A that is parallel to a line connecting the start of wave A and the end of wave B .) Elliott Wave Principal 2005 and Q&A EWI.
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
4
💨𝙋𝙡𝙖𝙩𝙞𝙣𝙪𝙢 𝙁𝙪𝙩𝙪𝙧𝙚 - Long Term 🐂 Trend🌊 𝙋𝙡𝙖𝙩𝙞𝙣𝙪𝙢 𝙁𝙪𝙩𝙪𝙧𝙚 (𝙋𝙇1!) — 𝙀𝙒𝘼 The senior wave degree is borrowed from the counting of the structure for gold and silver , which have a much longer history of quotations. The second slide shows how the correction, presumably the fourth wave of the “Supercycle” degree, is taking place in most metals, and the commodity market as a whole. Further, taking into account the fact that the upward wave from the orthodox top (IV) is a single zigzag, it is correct to make an assumption about the formation of the ending diagonal (V) , within which wave III unfolds. PL1! : 🕐2W Wave ((A)) in the composition of III of (V) must also take the form of a diagonal . At least, the double zigzag that has passed from the end of wave II , in the context of the senior degree, can be interpreted as the first subdivision in its composition. PL1! : 🕐1D The first targets at 38.2% in wave (2) have been reached, the double zigzag W-X-Y of (2 ) looks complete. Growth is expected to resume by the intermediate wave (3) , the minimum targets for which are to go beyond the top of wave (1) . PL1! : 🕐4h The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
NYMEX:PL1!Long
by TradeWaves-EWA
💨𝙀𝙡𝙡𝙞𝙤𝙩𝙩 𝙒𝙖𝙫𝙚 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝘿𝙞𝙖𝙜𝙤𝙣𝙖𝙡🌊●●● 𝘿𝙞𝙖𝙜𝙤𝙣𝙖𝙡 (D) ❗❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨 ● A diagonal always subdivides into five waves. ● Wave 2 never goes beyond the start of wave 1 . ● Wave 3 always goes beyond the end of wave 1 . ● Wave 4 never moves beyond the end of wave 2 . ● Wave 4 always ends within the price territory of wave 1 (overlap). ● An ending diagonal always appears as wave 5 of an impulse or wave C of a zigzag or flat . ● A leading diagonal always appears as wave 1 of an impulse or wave A of a zigzag. ● Waves 1 , 2 , 3 , 4 and 5 of an ending diagonal, and waves 2 and 4 of a leading diagonal, always subdivide into zigzags. ● In a leading diagonal, wave 5 always ends beyond the end of wave 3 . ❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Waves 1 , 3 and 5 of a leading diagonal usually subdivide into zigzags but sometimes appear to be impulses (all zigzags or all impulses ). ● Within an impulse , if wave 1 is a diagonal, wave 3 is likely to be extended. ● Within an impulse , wave 5 is unlikely to be a diagonal if wave 3 is not extended. ● A leading diagonal in the wave one position is typically followed by a zigzag retracement of 78.6 %. ●● 𝘾𝙤𝙣𝙩𝙧𝙖𝙘𝙩𝙞𝙣𝙜 𝘿𝙞𝙖𝙜𝙤𝙣𝙖𝙡 (Contr.D) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● In the contracting variety, wave 3 is always shorter than wave 1 , wave 4 is always shorter than wave 2 , and wave 5 is always shorter than wave 3 . ● Going forward in time, a line connecting the ends of waves 2 and 4 converges towards with the line connecting the ends of waves 1 and 3 . ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● In the contracting variety, wave 5 usually ends beyond the end of wave 3 . (Failure to do so is called a truncation.) ● In the contracting variety, wave 5 usually ends at or slightly beyond a line that connects the ends of waves 1 and 3 . (Ending beyond that line is called a throw-over. ● In the contracting variety, wave 3 may be equal .618 to .786 the length of wave 1 , and wave 5 may be equal .618 to .786 the length of wave 3 . ●● 𝙀𝙭𝙥𝙖𝙣𝙙𝙞𝙣𝙜 𝘿𝙞𝙖𝙜𝙤𝙣𝙖𝙡 (Exp.D) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● In the expanding variety, wave 3 is always longer than wave 1 , wave 4 is always longer than wave 2 , and wave 5 is always longer than wave 3 . ● Going forward in time, a line connecting the ends of waves 2 and 4 diverges from with the line connecting the ends of waves 1 and 3 . ● Wave 5 always goes beyond the end of wave 3 . ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Waves 2 and 4 each usually retrace .66 to .81 of the preceding wave. ● In the expanding variety, wave 3 may be equal to 1.618 the length of wave 1 , and wave 5 may be equal to 1.618 the length of wave 3 . ● In the expanding variety, wave 5 usually ends slightly before reaching a line that connects the ends of waves 1 and 3 . Elliott Wave Principal 2005 and Q&A EWI .
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
10
🌽𝘾𝙤𝙧𝙣 𝙛𝙪𝙩𝙪𝙧𝙚 - we buy canned food for the New Year🚜ZC1! : 🕐 2W Most likely, wave (V) of the "Supercycle" degree unfolding the ending diagonal I-II-III-IV-V , in which the growth is in wave III . ZC1! : 🕐 1W The growth marked with ((A)) is most likely over, although one more local maximum is not excluded. Further, a rollback is expected within the wave ((B)) of III , which has the right to take the form of any corrective pattern. CORNUSD :🕐 1D When the correction forms appear, at the completion of the corrective wave ((B)) of III , I plan to take a closer look at a long position on one of the available trading instruments, as well as at companies in the agricultural sector. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
CBOT:ZC1!
by TradeWaves-EWA
2
💨𝙀𝙡𝙡𝙞𝙤𝙩𝙩 𝙒𝙖𝙫𝙚 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚🌊●●● 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (T) ❗❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨 ● A triangle always subdivides into five waves. ● At least four waves among waves A , B , C , D and E are subdivided into a single zigzag. ● A triangle never has more than one complex subwave, in which case it is always a multiple zigzag or a triangle. ❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Usually, wave C subdivides into a "multiple zigzag" that is longer lasting and contains deeper percentage retracements than each of the other subwaves. ● Usually, wave D subdivides into a "multiple zigzag" that is longer lasting and contains deeper percentage retracements than each of the other subwaves. ● Alternating waves of a triangle may be in Fibonacci proportion to each other by a ratio of 0.618 for contracting triangles and 1.618 for expanding triangles. For example, in a contracting triangle, look for wave C to equal 0.618 of wave A . ● A triangle can be wave 4 impuls , wave B of a zigzag, wave X of a double or second wave of an X of a triple zigzag, sub-wave C , D or E of a triangle and the last structure of a combination . ●● 𝘾𝙤𝙣𝙩𝙧𝙖𝙘𝙩𝙞𝙣𝙜 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Contr.T — CT) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave C never moves beyond the end of wave A , wave D never moves beyond the end of wave B , and wave E never moves beyond the end of wave C . The result is that going forward in time, a line connecting the ends of waves B and D converges with a line connecting the ends of waves A and C . ● Waves A and B never subdivide into a triangle. ● In a running triangle, wave B should be no more than twice as long as wave A . (Q&A EWI) ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Sometimes one of the waves, usually wave C , D or E , subdivides into a contracting or barrier triangle. Often the effect is as if the entire triangle consisted of nine zigzags. ● About 60% of the time, wave B goes beyond the beyond the start of wave A . When this happens, the triangle is called a running triangle. ●● 𝘽𝙖𝙧𝙧𝙞𝙚𝙧 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Barr.T — BT) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave C never moves beyond the end of wave A , wave D never moves beyond the end of wave B , and wave E never moves beyond the end of wave C . The result is that going forward in time, a line connecting the ends of waves B and D converges with a line connecting the ends of waves A and C . ● Waves B and D end at essentially the same level. ● In a running triangle, wave B should be no more than twice as long as wave A . (Q&A EWI) ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● About 60% of the time, wave B goes beyond the beyond the start of wave A . When this happens, the triangle is called a running barrier triangle. ● When wave 5 follows a triangle, it is typically either a brief, rapid movement or an exceptionally long extension. ☝ 𝙉𝙤𝙩𝙚𝙨 ● We have yet to observe a 9 -wave barrier triangle, implying that this form may not extend. ●● 𝙀𝙭𝙥𝙖𝙣𝙙𝙞𝙣𝙜 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Exp.T — ET) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave C , D and E each moves beyond the end of the preceding same-directional subwave. (The result is that going forward in time, a line connecting the ends of waves B and D diverges from a line connecting the ends of waves A and C .) ● Subwaves B , C and D each retrace at least 100 percent but no more than 150 percent of the preceding subwave. ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Subwaves B , C and D usually retrace 105 to 125 percent of the preceding subwave. ☝ 𝙉𝙤𝙩𝙚𝙨 ● No subwave has yet been observed to subdivide into a triangle. Elliott Wave Principal 2005 and Q&A EWI .
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
4
💨𝙀𝙡𝙡𝙞𝙤𝙩𝙩 𝙒𝙖𝙫𝙚 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝙁𝙡𝙖𝙩🌊 ●●● 𝙁𝙡𝙖𝙩 (FL) ❗❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨 ● A flat always subdivides into three waves. ● Wave A is always a zigzag, flat or combination . ● Wave B is always a zigzag. ● Wave C is always an impulse or a ending diagonal. ❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Wave A is usually a zigzag. ●● 𝙀𝙭𝙥𝙖𝙣𝙙𝙚𝙙 𝙁𝙡𝙖𝙩 (Exp.FL) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave B always ends after the start of wave A . ● Wave C always ends past the end of wave A . ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Wave B usually retraces 123.6 or 138.2% of wave A , less often — 161.8% . ● Wave C is often equal to 161.8% of wave A , less often — 261.8% . ● The most common type of flat. ●● 𝙍𝙪𝙣𝙣𝙞𝙣𝙜 𝙛𝙡𝙖𝙩 (Runn.FL) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave B always ends after the start of wave A . ● Wave C never goes beyond the end of wave A . ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Within such a flat wave B should end well above the origin of wave A and that means wave C might reflect a 61.8% or even a 100% relationship to wave A . ● A running flat indicates that the forces in the direction of the larger trend at next higher degree are powerful. ● Wave B is usually no more than twice the length of wave A . ● Keep in mind that a running flat is rare. ●● 𝙍𝙚𝙜𝙪𝙡𝙖𝙧 𝙛𝙡𝙖𝙩 (Reg.FL) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave B never goes beyond beyond the start of wave A . ● Wave B always retraces at least 90 percent of wave A . ● Wave C always ends past the end of wave A . ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● The rarest type of flat. Elliott Wave Principal 2005 & QA EWI .
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
🎌USD/JPY - the market devaluation of the yen will continue ...●● Mine scenario ● USDJPY (IDC):🕐2W Time passes, but the Japanese yen is not moving anywhere ... For more than two years now, I have been successfully forecasting a contracting triangle, after which a decline was expected. I think it's time to change something, for example, as the main scenario, consider the probability of an upward exit from the model. Yes, yes, after weighing all the pros and cons, I came to just such a scenario. ● USDJPY (FXCM):🕐1D The goals set back in September 2020 are still relevant and are likely to be achieved. The complication of the wave (C) of ((D)) to the ending diagonal is expected. ● USDJPY (FXCM):🕐4h Provided that the diagonal is formed by the wave (C) of ((D)) , I will fix a long position and switch to a short position with an eye on the implementation of an alternative wave count. ●● Alteranive scenario ● USDJPY (FXCM):🕐1W As mentioned earlier, the scenario in which a decline follows the triangle is now an alternative count. Nevertheless, provided the diagonal is formed in wave (C) of ((D)) and, under certain conditions, at the end of the final wave (E) of ((X)) , we will consider opportunities for trading in a short position. ● USDJPY (FXCM):🕐1D The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
💨𝙀𝙡𝙡𝙞𝙤𝙩𝙩 𝙒𝙖𝙫𝙚 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝙄𝙢𝙥𝙪𝙡𝙨𝙚🌊●● 𝙄𝙢𝙥𝙪𝙡𝙨𝙚 (IM) ❗❗ Rules ● An impulse always subdivides into five waves. ● Wave 1 always subdivides into an impulse or a diagonal. ● Wave 2 always subdivides into a zigzag, flat or combination . ● Wave 2 never moves beyond the start of wave 1 . ● Wave 2 always ends in the territory of wave 1 , and wave 4 in the territory of wave 3 . ● Wave 3 always subdivides into an impulse. ● Wave 3 always moves beyond the end of wave 1 . ● Wave 3 is never the shortest wave. ● Wave 4 always subdivides into a zigzag, flat, triangle or combination . ● Wave 4 never moves beyond the start of wave 2 . ● The termination point of wave 4 never moves beyond the end of wave 1 . ● Wave 5 always subdivides into an impulse or a diagonal. ● Never are waves 1 , 3 and 5 all extended. ❗ Guidelines ● Wave 4 will almost always be a different corrective pattern than wave 2 . If the second wave is a sharp correction, then the fourth wave will usually be a sideways correction, and vice versa (alternation). ● Wave 2 is usually a sharp correction in the form of a single or multiple zigzag. ● Wave 4 is usually a sideways correction in the form of a flat, triangle, or combination . ● In rare cases, a triangle (one that does not include a new price extreme) in the fourth wave position will take the place of a sharp correction and alternate with another type of sideways pattern in the second wave position. ● Wave 4 typically ends when it is within the price range of subwave four of 3 . ● In an impulse wave, wave 4 should significantly break the trend channel formed by the subwaves of wave 3 . ● Wave 4 often subdivides the entire impulse into Fibonacci proportion in time and/or price. ● On rare occasions, wave 4 subwaves can enter the territory of wave 1 . As a strong guideline, no portion of wave 4 of an impulse wave can enter the price territory of wave 1 or wave 2 . ● Second waves of impulse waves would tend to go beyond the previous fourth wave at one lesser degree. ● Sometimes wave 5 does not move beyond the end of wave 3 (in which case it is called a truncation). ● Wave 5 often ends when meeting or slightly exceeding a line drawn from the end of wave 3 that is parallel to the line connecting the ends of waves 2 and 4 , on either arithmetic or semilog scale. ● The center of wave 3 almost always has the steepest slope of any equal period within the parent impulse except that sometimes an early portion of wave 1 (the "kickoff") will be steeper. ● Wave 1 , 3 or 5 is usually extended. (An extension appears "stretched" because its corrective waves are small compared to its impulse waves. It is substantially longer, and contains larger subdivisions, than the non-extended waves). ● Often, the extended subwave is the same number ( 1 , 3 or 5 ) as the parent wave. ● Rarely do two subwaves extend, although it is typical for waves 3 and 5 both to extend when they are of Cycle or Supercycle degree and within a fifth wave of one degree higher. ● Wave 1 is the least commonly extended wave. ● If wave 1 of the impulse is the leading diagonal, then one should not expect wave 5 in the form of the ending diagonal. ● When wave 3 is extended, waves 1 and 5 tend to have gains related by equality or the Fibonacci ratio. ● When wave 5 is extended, it is often in Fibonacci proportion to the net travel of waves 1 through 3 . ● When wave 1 is extended, it is often in Fibonacci proportion to the net travel of waves 3 through 5 . In addition, wave 2 can subdivides the entire impulse into Fibonacci proportion in time and/or price. Elliott Wave Principal 2005 & QA EWI.
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
4
🚀₿𝙞𝙩𝙘𝙤𝙞𝙣 𝘾𝙖𝙨𝙝 at a crossroads ... 🤷‍♂️●● Mine scenario ● BCHUSD (COINBASE):🕐1D "Fig.1" The rise from the orthodox bottom of the triangle ④ formed a five-wave structure in the form of a diagonal, at least this variant of count can be applied to this structure in the context of the highest degree. The subsequent three-wave advance, which is labeled (2) , supports this idea. Cancellation of the scenario and, as a consequence, activation of the alternative wave count, - upon the breakout of the orthodox bottom ④ , the level "invalid" .. ● BCHUSD (COINBASE):🕐4h "Fig.2" "Fig.3" Agree, the wave structure is extremely complex and its interpretation is ambiguous. Figures 2 and 3 show you two options for count, both of which are conducive to continued growth, the only question is: is the correction (2) formed or we are expecting a deeper rollback within the "black" count? From the level of $ 600 there was a recommendation for a long-position. Upon reaching the levels of $ 880-1020 , we may partially reduce the volume of the long-position and prepare for a price decrease within the framework of an alternative count. ●● Alternative scenario ● BCHUSD (COINBASE):🕐1D "Fig.4" The global alternative wave-count suggests a large triangle in the primary wave ④ , within which a three-wave advance of the sub-wave (C) is expected. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
COINBASE:BCHUSD
by TradeWaves-EWA
💷EURGBP💶 — Life-long correction...●● Mine scenario ● EURGBP(IDC):🕐1W "Pic.1" To the question: "What pattern of Elliott waves is forming wave (B) " — I still do not have an unambiguous answer — either a combination , or an equally rare representative of a simple correction in the form of an expanding triangle. There are other options for the interpretation of this structure in the storerooms, but they all lead to one thing —continued growth with the renewal of the top of the primary wave ① . ● EURGBP(FXCM):🕐1D "Pic.2" I think it's too early to talk about long-term purchases — the structure is replete with alternative options for count in the senior and junior degrees. The bullish count (with renewed growth from the current ones) entered the main scenario only due to the fulfillment of the minimum structural requirements within the hypothesis with the W-X-Y combination , which, by the way, has a high probability of the Y wave becoming a triangle. ● EURGBP(FXCM):🕐4h "Pic.3" As you can see, this is not the best moment to make trading decisions. For a less risky long position, I recommend waiting for the invalidation of counting with black marking in the form of a breakout of the top of wave " (b) of ((ii)) ". ●● Alternative scenario ● EURGBP(IDC):🕐1W "Pic.4" As an alternative count of the waves, I propose a large triangle in the cyclical wave IV , in which the decline is taking place within the final wave ((E)) with targets in the area of ​​the green Fibo level. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
1
🥈Silver (XAGUSD) / The negative social mood is running out🌊●● Mine scenario ● Gold vs. Silver: 🕐1M "Pic.1" I think it will be useful to have a rough idea in what form gold and silver can correlate within the senior degree. Moreover, such an approach allows us to significantly narrow down the range of possible options for an alternative count. Review on Gold "here" . ● XAGUSD (SAXO) 🕐 1W "Pic.2" Growth from the bottom wave II of (V) goes in zigzags, presumably, forming the leading diagonal of the primary wave ((A)) . Further, a prolonged correction ((B)) is expected in the form of any corrective wave. 🕐 1D "Pic.3" "Pic.4" In "Pic.4" there is a locally alternative wave count, within which a deeper correction is expected by the wave (2) . This scenario cannot be supported by the count of a lower wave degree, and the expectations for the XAUUSD pair are against. 🕐 4h "Pic.5" The most probable area of ​​completion of growth by wave (3) of ((A)) is a cluster of Fibo extensions, namely: level 33.249 , upon reaching which wave (3) will reach 61.8% of wavelength (1) , further, level 33.588 , where W = 161.8% Y wave. ●● Alternative Scenario ● Gold vs. Silver: 🕐1M "Pic.6" As an alternative count, I consider a wider triangle in wave (IV) . ● XAGUSD (OANDA):🕐1W "Pic.7" Wave ((B)) forms an expanded flat with a diagonal in the subwave (C) .Provided that the model is completed, we will exit from a long position, further we act according to the situation. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
FX_IDC:XAGUSDG
by TradeWaves-EWA
🚀 🅱🅸🆃🅲🅾🅸🅽 price prediction - 30.000$●● Mine scenario 🕐 1W INDEX:BTCUSD The count of the senior wave degree has not undergone major changes, you can get acquainted with it by looking at our previous forecast. Current changes: I believe that the triangle ④ has already formed,because we have already gone very deep into the previously assumed sub-wave (B) in its structure. 🕐 1D BINANCE:BTCUSDT It is very likely that wave (1) of ⑤ is completed. Further, there is a decline within the second wave of an intermediate degree, the minimum norm for which - is to go beyond the top of the previous fourth wave, roll back into the $ 30k range. 🕐 4h BINANCE:BTCUSDT Of course, in the case when the third wave is no longer the shortest, until the top of the fourth wave is not broken, we will consider the probability of continued growth within 5 of (1) . Although, based on the concept of the «Right Look» , I would not bet on such a scenario — because in the current form, wave 4 divides the impulse (1) in the Fibonacci ratio. ●● Local alternative scenario 🕐 4h BINANCE:BTCUSDT As part of the local alternative, I consider a slightly different count of the ascending wave from the top ④ , where the decline goes within 4 of (1) , forming a Flat. With the minimum risks, it will be possible to work in long within this count, if the wave ((c)) of 4 is transformed to the Ending diagonal. ●● Global Alternative Scenario 🕐 1D BINANCE:BTCUSDT What if the top of the triangle falls on September 2020 ? If this is true, then unfortunately, we have at least three more count's options at our disposal. The first of which is a series of the first and second waves: (1)-(2) 1-2 . The second, has the probability of transforming ⑤ of V to the ending diagonal, and, the option of counting under the number "3" , gives us a reason to think about a big bear market with a decline "below a thousand" per coin. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
11