Bitcoin started to rise after the announcement of the Unemployment Claims rate and Putin's signing of the crypto mining law . However, the factors I mentioned in the post below can still cause Bitcoin to decrease.👇 Bitcoin is moving in the Resistance zone($60,800-$56,700) and near 50_SMA(Daily) and 200_SMA(Daily) . According to Elliott Wave theory...
XAUUSD reaching ATH again BUT Instead of forming triangle on "Base" before "Rally" to 2700 +/-at wave (IV) (blue).. Gold probably forming a complex tripe (W)(X)(Y)(X)(Z)(yellow) three pattern in wave (IV) (blue).
Hero completed it's 5 wave, ending with a strong 5th wave extension hence, a correction is much needed before taking off again. A complex triple three correction wave which can consist of zig-zags/Triangles. Completing the correction at around 0-0.120 to 0.125 before bouncing. Not financial advice. Only for educational purpose. Price action of HERO depends on...
hello, Today, I tried to find the end of microwave 4 of main wave C . Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea). Location🌊: Bitcoin's Correction has started around 64200$ (The Corrective structure is ...
Hi Everyone, I can understand that maybe you are tired from this market, but I am believing that we will see new movements (Soon)❗️ I don't know that did you read my previous post about Bitcoin analysis or not !? if YES , please read this post, if NO , first please read my post with the topic'' Bitcoin Analyze ( Triple Three Corrections ) !!! ''. Bitcoin ...
hello, I have to say thanks to all users that respect ideas that are even wrong (Please Respect each other🙏). Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea). Location🌊 : Bitcoin's Correction has started around...
TOPGLOV price might be forming a wedge pattern which is probably at its last phase of completion also developing as a triple zig zag wave pattern W,X,Y,X,Z( Red Circled ).. the Z wave probably will be reaching at around RM3.50 ( As what JP Morgan Predicted )..which is 1) the lower trend line of the wedge pattern and also 2) the weekly 200 EMA Support line 3)The...
The corrective structure forming on the usdjpy chart as shown above is a triple three correction. I expect market to complete another zigzag move down to complete the last leg of (W-X-Y-X-Z) correction.
Here is a Elliot Wave Triple Three correctional combination which began since the last impulse move reached its peak (1689) in February. The Zigzag pattern you can see between wave X to Z is the final corrective pattern of the three combinations which implies that the correction is coming to an end. Further confluence is provided by the nature in which the final...
Here is a Elliot Wave Triple Three correctional combination which began since the last impulse move reached its peak (1689) in February. The Zigzag pattern you can see between wave X to Z is the final corrective pattern of the three combinations which implies that the correction is coming to an end. Further confluence is provided by the nature in which the...
FTSE100 continues to rage within the falling channel, looking more like a wedge with lower touches now. Today testing the resistance again after bouncing of 38.2% retracement, 200 SMA and resistance level in the way. FTSE looks bullish on dollar weakness. Though Brexit worries with David Davis resigning could spell for a weak pound later. Break above the...
AUDNZD has completed the "e" leg of an expanding triangle in a complex triple three correction. Triangles commonly mark the end of a three wave reactionary wave and thus an upcoming bullish move may be impending. A possible cypher will make for an optimal entry long. In the case of the triangle continuing to 2 or 4 additional three wave moves off of the...