🌒Binance Coin - to the moon, but through a correction🚀●● Mine scenario
🕐 1D
BINANCE:BNBUSDT
"Pic.1"
At one time, this coin ruffled my nerves, there are still questions in the count's structure of the triangle's subwaves ④ . An upward wave from the top of triangle ④ has the form of an impulse - there are already all five subwaves, so a correction is likely, presumably by an intermediate wave (2) .
🕐 6h
BINANCE:BNBUSDT
"Pic.2"
🕐 6h
BINANCE:BNBUSDT
"Pic.3"
Above on the pictures there are two, in my opinion, the most likely scenarios. Yes, no one canceled the continuation of growth by wave 5 of (1) / ((v)) of 3 , especially since the cryptocurrency market is characterized by the extension of the fifth waves. But to be prepared for a scenario in which in the near future the coin will lose about 50% in price, rolling back to the area of the previous fourth wave, will not hurt anyone.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
Tradewavesewa
😨Fear comes. Gold is back in vogue.🥇●● Mine scenario
🕐 1M
FX_IDC:XAUUSD
Until recently, the main scenario was the count presented below on a dark background, but after weighing all the pros and cons, I chose the already formed triangle ((B)) of I . And in general, both counts suggest an ending diagonal of a degree lower, followed by a pullback, based on the depth of which we will build further plans.
🕐 1D
OANDA:XAUUSD
I expect the growth of the third wave within the diagonal ((C)) of I .
●● Alternative scenario
🕐 1M
FX_IDC:XAUUSD
As an alternative scenario, I propose to consider the probability of the formation of a wave ((B)) of I in the form of a triangle with a wider boundary.
🕐 1D
OANDA:XAUUSD
On the daily timeframe, the current count is identical to the main count and assumes a resumption of growth in the near future, except that the goals are slightly more modest.
"Gold is the time-honored store of value, and although the price of gold may flatten for a long period, it is always good insurance to own some until the world’s monetary system is intelligently restructured, a development that seems inevitable, whether it happens by design or through natural economic forces. That paper is no substitute for gold as a store of value is probably another of nature’s laws".
EWP2005
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🚀The Eurozone stock index is ready to take off! Or ... 🤷♂️●● Mine scenario OANDA:EU50EUR
🕐 1W
TVC:SX5E
If you are interested in trading on the euro area economy, you can use this index. The EURO STOXX 50 reflects the dynamics of the largest and most liquid 50 shares in the euro area. The rapid decline in the wave (C) that gave rise to the COVID-19 pandemic was apparently a necessity within the ② of V flat.
🕐 1D
OANDA:EU50EUR
Now we are testing a quite strong level of resistance. Counting from a series of the first and second waves is a harbinger of rapid growth and extension of the third wave.
🕐 6h
OANDA:EU50EUR
Focus on the "invalid." level, the breakdown of which will serve as a signal of the transformation of the wave ((ii)) to the flat, or, even worse, the realization of an alternative count with black markings.
●● Alternative scenario
🕐 1W
FESX1!
In an alternative count, the boundary of a large triangle of degree IV "Cycle" will be expanded. The current growth can go in a wave (Y) of ((B)) followed by a decline in ((C)) . The count will become more relevant if the wave C of (Y) (6h) is transformed to the ending diagonal.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🛢Investments in the Russian oil sector...●● Mine scenario
🕐 1W
MOEX:LKOH
«Pic.1»
We successfully predicted the growth of the fifth wave after the triangle ((iv)) and the subsequent decline within the wave 4 , which, based on the norm of alternation, is still expected in the form of a triangle.
🕐 1D
MOEX:LKOH
«Pic.2»
Combination "Double Three" SZ-X-CT
🕐 1D
MOEX:LKOH
«Pic.3»
The main purchases are planned under the condition of a fully completed triangle, at the end of the final wave ((e)) in its structure.
🕐 2h
MOEX:LKOH
«Pic.5»
This count has a number of disadvantages. They are: two sideways corrections in waves ii-iv , and a truncation within the assumed diagonal v . In connection with the above, I recommend any speculation in the short only after the breakout of the top iv , the level marked as «confirm.lvl» .
🕐 2h
MOEX:LKOH
«Pic.6»
Along the way, I am considering a variant count with a triangle in (b) of ((b)) , which suggests continued growth within wave (c) . Waiting for the implementation of my count for continued growth, I hold the buy position.
●● Alternative scenario
🕐 1W
MOEX:LKOH
«Pic.8»
As for the alternative count shown in "Pic. 8" , taking into account the probability of its implementation, I do not increase the volume of a long-term long position until we form a triangle as it is schematically depicted in "Pic. 1".
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🍫The Swiss franc continues its global growth against the dollar●● Mine scenario
🕐 1M
FX_IDC:USDCHF
Most likely, the sideways correction is unfolding by wave (b) in the form of a contracting triangle , followed by a downward exit in a five-wave structure (c) . The wave count allows you to keep the ratio I > III > V on a logarithmic scale.
🕐 1W
FX:USDCHF
🕐 2D
FX:USDCHF
Pic. 3
Pic. 4
In the daily timeframe, there are two co-directional count options: with a single (pic.3) and a double zigzag (pic.4) in the wave b of (b) . The first of which allows us to consider the transformation of one of the subsequent subwaves c , d or e to a multiple zigzag or triangle .
🕐 4h
FX:USDCHF
Wave 3 of (3) is likely to be extending. Next, a series of corrections is expected in the fourth waves, at the end of which, under certain conditions, a long position can be set.
●● Alternative scenario
🕐 1W
FX:USDCHF
The alternative count of the higher wave degree still has the probability of transforming " Supercycle " (b) to a double zigzag w-x-y .
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🧲 A magnet that does not attract (MGNT)🛒- EWA.«Magnit» - is the largest Russian retailer with the largest number of retail outlets and geographical coverage.
●● Mine scenario
● 2D
LSIN:MGNT
Admittedly, these red boxes with a terrible layout have always been alien to me. Having experience in retail chains, production and warehouse logistics - i can say - when you enter their buildings, you want to redo everything. It turns out that in the mood of investors in relation to this company, has the same confusion. From the top of the assumed wave ④ passed a three-wave correction in the form of a single zigzag, which, hypothetically, can be the first wave in the composition of the forming Leading Diagonal (1) . Of course, long-term purchases in this case can only be discussed if the diagonal is fully completed and the subsequent correction (2) of ⑤ has made.
● 1D
MOEX:MGNT
With a little difference, the picture is similar on the Moscow Stock Exchange .
● 4h
MOEX:MGNT
I plan to work locally in long at the end of ((b)) of 3 of (1) .
●● Alternative scenario
● 1D
MOEX:MGNT
Quite harmoniously, the descending wave from the top ③ has the form of an impulse . Which, however, can not be done with LSIN quotes, where if we consider the descending wave from 2015 as the first wave, then only as part of the Leading Diagonal.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🥇XAUJPY: Japanese Alchemy of Gold🎌●● Mine scenario
● 1W
It is very likely that, as in the case of XAU/USD , the wave (V) of the " Supercycle " degree forms the Ending Diagonal I- II-III-IV-V .
● 1D
A variant of count of the triangle ((B)) of I .
● 23h
A variant of count of the wave (1) of ((C)) in the form of a single zigzag A - B - C .
● 6h
I expect the wave (3) to resume growth soon. The confirmation in favor of the completed correction (2) of ((C)) in the form of a double zigzag W - X - Y will be: the breakdown of the line 0 - X , plus the formed waves ((i)) - ((ii)) of A , the first of which will break through the top of X — " bull lvl " and gain a foothold over the upper border of the descending channel.
●● Alternative scenario
● 6h
As long as the above conditions are not met, there is still the probability of continuing the decline of the wave Y of (2) with the first targets of 173775 .
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
📭IT holding of Russia at the start (MAIL)●● Mine scenario
● 1W
The top of the triangle ((B)) of IV is passed. A single zigzag, presumably the fourth wave of the " Supercycle " wave degree, can rightfully be considered as completed structure. According to the most conservative estimates, the growth potential of wave V is more than 150 % of the current price.
● 1D
The minimum structural requirements, the minimum norm for the second wave (2) of ① are met. Wave (3) growth is expected from the current prices. But keep in mind that the correction (2) of ① may show a deeper pullback to the levels: 21.80-19.15-16.90 . The two most relevant variants of transformation of the wave (2) are schematically depicted on the " 4h " interval with a dark background and black markings on the light count on the right. ⬇
● 4h
Dark background. A variant of the count with the probability of transformation the wave (2) to a double zigzag W - X - Y . The reversal targets for wave X of (2) are indicated by red Fibo levels and highlighted by a pink channel.
Light background. The color marking, as the main scenario, will be confirmed if the waves ((i)) - ((ii)) of 1 are formed with the breakdown of the top B of (2) — " bull lvl " and are fixed above the upper boundary of the descending channel. Black color marks the count option with the probability of continuing the decline of the wave C of (2) in the form of a impulse or a wider diagonal. Scenario cancellation: breakout of the " bull lvl " level ( 2297 ).
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🚗 Tesla (TSLA) — batteries sat down, let's go to charge 🔋●● Mine scenario
● 1W
NASDAQ:TSLA
"Price charts are great for predicting ... the PAST," Peter Lynch once said. In addition, price charts of the past are a great tool for predicting the future with high accuracy, if, of course, you are familiar with the theory of Elliott waves. The exit up from the big triangle was expected even in October 2019 .
● 1D
NASDAQ:TSLA
Our previous targets of 820 level have been achieved. It is possible that the decline has already going in the wave (4) of ① in the area of the Minor degree wave 4 , in the range of 500-330 .
● 4h
NASDAQ:TSLA
Wave (3) has reached the key level of 161.8% of the wavelength (1) . Wave 5 of (3) of ① = 161.8% of 1 . The top of wave 4 divides the impulse (3) in the Fibonacci ratio.
● 45m
NASDAQ:TSLA
But. I haven't seen any good options yet to decompose the descending waves from the historical top into a series of One-two, one-two waves. Even the breakout of the 682 level, there will still be a probability of continuing the formation of ((v)) to the Ending Diagonal, as schematically demonstrated in black . In general, I consider the current decline as a local correction, but in the case of a downward formation in the form of an Leading Diagonal or impulse, at the end of the subsequent correction, I will open a sell trade with an eye on another descending five-wave as part of A of (4) .
●● Alternative scenario
● 1W
NASDAQ:TSLA
An alternative count of the senior degree.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🧮 Elliott Wave Pattern. Combination: "Double Three"●● Combination ( CMB ): "Double Three"
The SZ (FL) -X-T combination is the most common.
❗❗ Rules
● A "double three" combinations comprise two corrective patterns separated by one corrective pattern in the opposite direction, labeled X . (The first corrective pattern is labeled W , the second Y )
● A "double three" flat combination comprises (in order) a zigzag and a flat, a flat and a zigzag, a flat and a flat, a zigzag and a triangle or a flat and a triangle.
● Wave X is any corrective wave. *
● Wave X always retraces at least 90 percent of wave W .
● Only one of the W or Y waves can appear as a single zigzag.
● Combinations can occur in the same wave positions as flats and triangles (except for the triangle subwave) but cannot occur in waves W , Y or Z .
* most likely, except for the triangle.
❗ Guidelines
● The X wave is often 123.6% of the W wavelength.
● When a zigzag or flat 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 ), a combination is likely.
☝ Notes
● An expanding triangle has yet to be observed as a component of a combination
Elliott Wave Principal 2005
🛒X5 Retali Group (FIVE) - excellent setup for a long position.●● Mine scenario
● 1W
LSIN:FIVE
The large Running Contracting Triangle ④ or ((B)) has been under consideration for about two years. Until recently, the main count had a decline in the final wave of C of (E) , but after weighing all the pros and cons and taking into account the expectations for the market as a whole, priority was given in favor of a completed wave ④ or ((B)) and an early exit from the model up.
● 1D History
LSIN:FIVE
A variant of waves count (B) - (C) - (D) as part of ④ or ((B)) .
● 1D
LSIN:FIVE
If the top of the triangle is really set, then we have nothing more than a series of One-two, one-two waves " (1) - (2) 1 - 2 " as part of the expected ⑤ or ((C)) .
● 6h
MOEX:FIVE
" Pic. 4 "
The targets for wave 2 of (3) can be the Fibo cluster area within two degrees, which is indicated by the blue channel. Looking back at the alternative count, I plan to make any purchases only if 2 of (3) and subsequent ((i)) - ((ii)) of 3 are completed and the first of which will break through the top of the ((x)) — " bull lvl " and will gain a foothold above the upper border of the descending channel.
●● Alternative scenario
● 1W
LSIN:FIVE
The probability of descendind below $ 18.90 ( LSIN ) is now as an alternative count, which, however, does not make it any less likely. Wait for the indicated conditions to " Pic. 4 " and open a long trading position with the least risk.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🦘AUD/USD - long-term forecast.●● Mine scenario
● 1M
Since the spring of last year, I have been using the variant with the large triangle IV as the main count. I believe that the growth of the wave ((C)) of the model will continue with the approximate goals of 0.92800 , where the norm of 61.8 % of the wavelength ((A)) of IV will be achieved.
● 2D
A variant of count for the internal structure of divisions (B) - (C) of ((A)) and (W) - (X) within ((B)) of IV .
● 1D
Wave 3 is likely to show extended.
● 4h
The potential area of finishing the correction ((ii)) of 3 is the green Fibo levels outlined by the blue channel. If the top 2 , the top level " invalid "., is broken, the count marked in black will remain under consideration, in which the wave (A) of ((C)) forms the leading diagonal of zigzags.
●● Alternative scenario
● 1W
An alternative count suggests wave IV of the type of sharp correction in the form of a single zigzag ((A)) - ((B)) - ((C)) , the top of which is at the maximum of 2011 . Next, a double descending zigzag, which in the context of a higher degree can be identified as the first wave of the Ending diagonal V .
● 1D
I plan to return to the search for points in the long-term short trades if waves (A) - (B) of ((3)) are formed, or waves 1 - 2 of (A) , the first of which will go beyond the top (B) — " bear lvl ".
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🎮 Nvidia — Big 🐻 comes out of hibernation.● 4D
NASDAQ:NVDA
I really want to believe that only the first wave of V of (III) is formed from the top of triangle IV . But it is necessary to prepare for the worst — for the main scenario, where on the horizon the senior correction of the fourth wave of the " Supercycle " degree with approximate goals of ⁓ 10 $.
● 1D
NASDAQ:NVDA
The area indicated by the pink channel can serve as a reversal target. In the range of 830-870 , there is a cluster of significant Fibo extensions. The primary wave ⑤ will complete its target by reaching 161.8% of the wavelength ① . When the values of 830-840 are reached, the wave ④ will divide the wave V in the Fibonacci ratio, and the waves (1)-(5) in the composition ⑤ of V will reach equality.
● 2h
NASDAQ:NVDA
It is very likely that the wave (4) is completed by a contracting triangle with a further exit up. An excellent setup for buy trades with an eye on the early resumption of growth with the final wave (5) of ⑤ .
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
Apple -A company that you want to invest in over and over again.●● Mine scenario
● 2W
NASDAQ:AAPL
There is no big changes from the last update . Now the wave (III) or (V) " Supercycle " is developing, as part of which 5 of (3) is extended. The approximate targets for the third waves correspond to the color of the wave degree.
● 1D
NASDAQ:AAPL
The top of wave ((iii)) was determined with high accuracy. Next, a sideways corrections was expected in the form of a triangle, which, as will be demonstrated later in alternative count, could have already been formed.
● 4h
NASDAQ:AAPL
At the moment, I expect the correction to transform into a wider contracting triangle in the form of a running model type. The targets for the wave 5 of (3) are located at the level of 214 , but later they can be revised based on the rule of the ratio of the lengths of the first and fifth waves of the impulse.
● 30m
NASDAQ:AAPL
On the lower timeframe, not everything is so clear. A series of local sideways corrections in the form of triangles forces us to adopt a variant of counting with a ending diagonal with c of (b) .
●● Alternative scenario
● 4h
NASDAQ:AAPL
An alternative count suggests considering the probability of a completed triangle ((iv)) . If we turn to the arithmetic price scale, the lower limit of the ascending channel has been reached. The first targets for wave ((v)) of 5 have also already reached ( ((v)) = ((i)) ). Further goals: 165 and 197 .
● 30m
NASDAQ:AAPL
So far, I have nothing to offer you except of the diagonal in the current count and the top of the triangle ((iv)) 112.60 in the lower degree. I plan to make any trading decisions in this situation only if the diagonal is fully formed or broken in its current form and with a powerful exit up.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
🚀Bitcoin. Correction in the senior wave degree.🌠●● Mine scenario
● 1D
You can see the count of the senior wave degree in the ideas published earlier. The probability that the growth goes subwave (B) as part of the triangle ((4)) is still the main scenario. But now i also add more bullish version of the count as an alternative (you will find it just below).
● 4h
Previously published forecast is completed.
Waves i-v as part of (v) of ((iii)) equality has been achieved, and the minimum structural requirements have been met. It is worth being prepared for a broader correction ((iv)) , which, based on the guideline of alternation, is more likely to have the shape of a Triangle or Flat.
● 45m
Now I'm not considering short positions. On the contrary, locally the growth can be continued in the case of transformation of the wave (v) of ((iii)) to the Ending diagonal. With minimal risks, it is possible to enter long trades if the triangle (B ) of ((1)) is fully formed and after breaking this triangle up.
●● Alternative scenario
● 4h
I also continue to consider the count in which the wave (B) forms a double zigzag W-X-Y . Locally, the count is identical to the main scenario, except that the correction is expected to be a fourth wave degree lower.
●● Global Alternative scenario
● 1D
Of course, I am under a lot of stress assuming the possibility of a serious decline within the wave (C) of ((4)) as the the main count. But I will allow it on New Year's Eve to be an alternative count, within which the triangle ((4)) was formed earlier. There are some reason to consider such a scenario less likely, but, as it usually happens, if it is successfully implemented, there are many more reasons why it should be considered as the main count.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.