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Triplethreecorrection

Bitcoin Analysis==>>Last ChanceBitcoin 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-$56,700) and near 50_SMA(Daily) and 200_SMA(Daily) . According to Elliott Wave theory , Bitcoin seems to be completing the Triple Double Correction(WXYXZ) . I expect Bitcoin to continue falling to at least the Support line after completing the corrective pattern . Considering the Situation of Bitcoin, a Short Position is definitely better than a Long Position. Do you agree with me!? Note: If Bitcoin can create a 4-hour or daily candle above the 200_SMA(Daily) and 50_SMA(Daily), we should expect Bitcoin to go up again. Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
32
Bitcoin Analyze (Counting Waves)!!!hello, Today, I tried to find the end of microwave 4 of main wave C . Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea). Location🌊: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5 ). I believe that end of microwave 4 of main wave C is Triple Three Corrections type (WXYXZ) . What is my aim 🎯? Answer: I want to find the end of microwave 4 of main wave C or where will microwave 5 of main wave C start ?! I want to say some of the necessary concepts for Triple Three Corrections and then compare them with our chart's conditions (Let's go): The corrective structures are labeled as WXYXZ. The corrective structures are labeled as WXYXZ. They are an 11 swing structure. The subdivision of wave W, wave Y, and wave Z can be a zigzag , a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle. The Fibonacci ratio relationships are as follows. Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W.Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three. The second wave X will retrace the wave Y in the same aforementioned Fibonacci retracement levels as it did the wave W. The second wave X structure does not have be the same structure as the first wave X. The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W. one of the standard templates of three corrective structure combinations that can form triple three corrections == this particular one is a double three wave W followed by the first wave X being a zigzag . Likewise as the wave W, the wave Y is a double three. This is followed by a zigzag second wave X connector. The wave Z ends with another double three. now I want to compare my chart with upper conditions: The corrective structures are labeled as WXYXZ. They are an 11 swing structure== I was able to find 10 swing structures and I think that we are on the eleventh swing (Wave (Z)). The subdivision of wave W, wave Y, and wave Z can be a zigzag , a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle == our waves have these shapes. Wave W is a double three Wave == the wave (W) is a double three Wave✅ // Any three ✅ Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W == Wave (X1) has complied.✅ Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three == Wave (Y) has complied. ✅// The wave (Y) is a double three Wave✅ Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave Y == Wave (X2) Has retraced 161.8%, it Has not complied but I am talking about the standard template ❌ //Any three ✅ The second wave X(X2) structure does not have be the same structure as the first wave X(X1) == This item has complied ✅ The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W .== The wave (Z) ends with another double three.// My aim 🎯 If you read my explanation carefully, you will know that my counting waves are really close to one of the standard templates of three corrective structure combinations that can form triple three corrections. Where is the end of Wave (Z) ?! My idea : Structure of Wave (Z) is (Flat 3-3-5), and I think that we are on microwave C or B of microwave ((Y)) of Wave (Z). The End of Wave (Z) (End of Main Wave 4 == My aim🎯) : Target 1 : 41315$ until 40840$ (Monthly Resistance 1+ Fibs Cluster) Target 2 : 4 3400$ (The Wave (Z) target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave (W))/ If Price goes up more than 43400$, my counting waves will fail❗️. Similarities that we are seeing on my post 👇, verify my counting waves too:https://www.tradingview.com/chart/BTCUSDT/vcxg8KKO-Bitcoin-Analyze-2018-VS-2021/ Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame) 📆: Please read this post carefully ( I ❤️ LOVE ❤️ THIS POST😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/ My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.// my idea, BTC will see less than 28800$ //Over 43780$ my Counting waves will fail and we can think about buying coins . Thanks for reading this Long text 🙏💐. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
by pejman_zwin
28
Bitcoin Analyze (Two Descending Triangle)!!!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 Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location 🌊: I think that we passed microwave 4 of main wave C at 36600$ . The shape of microwave 4 was Triple Three Corrections, and I was able to find the eleventh swing (Wave (Z)). My idea : Bitcoin is on Microwave 5 of main wave C (The end of Corrective Structure) and if this time the price arrives to our heavy support ( 316200$ until 30000$ ( Support + Cluster of Fibs+ the lower lines of Descending Triangles ), we will lose our Heavy support and even we will see 22535$ (Monthly Support 2). Patterns : Bitcoin is running in two Descending Triangles that the upper lines of these triangles are Heavy resistances (Especially Pink Triangle). I found Points A-B-C on Pink Triangle and we have to wait to verify Point D-E ( Critical Points ). We can lose heavy support at Point D or we can lose heavy support when the price goes down from Point E (Let's see what will happen!?) Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame) 📆: Please read this post carefully ( I ❤️ LOVE ❤️ THIS POST(for Jun 9)😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/ My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Over 43780$ our counting waves will fail and we can think about buying coins. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
by pejman_zwin
29
Bitcoin Analyze (Triple Three Corrections) !!!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 64200$ (The Corrective structure is Zig Zag 5-3-5). I believed that microwave 4 of main wave C ended at 41330$ == Microwave 4 was like Descending Triangle, but when the upper line of Descending Triangle has broken yesterday, as I said in my previous post ''If price breaks our triangle (to up), probably microwave 4 will be the Triple Three Corrections type (WXYXZ)''. now, we lost Triangle and I think that we have a Triple Three Corrections. What is my aim 🎯? Answer: I want to find the end of microwave 4 of main wave C or where will microwave 5 of main wave C start ?! I want to say some of the necessary concepts for Triple Three Corrections and then compare them with our chart's conditions (Let's go): The corrective structures are labeled as WXYXZ . The corrective structures are labeled as WXYXZ. They are an 11 swing structure. The subdivision of wave W, wave Y, and wave Z can be a zigzag, a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle. The Fibonacci ratio relationships are as follows. Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W.Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three. The second wave X will retrace the wave Y in the same aforementioned Fibonacci retracement levels as it did the wave W. The second wave X structure does not have be the same structure as the first wave X. The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W. one of the standard templates of three corrective structure combinations that can form triple three corrections == this particular one is a double three wave W followed by the first wave X being a zigzag. Likewise as the wave W, the wave Y is a double three. This is followed by a zigzag second wave X connector. The wave Z ends with another double three. now I want to compare my chart with upper conditions: The corrective structures are labeled as WXYXZ . They are an 11 swing structure== I was able to find 10 swing structures and I think that we are on the eleventh swing (Wave (Z)). The subdivision of wave W, wave Y, and wave Z can be a zigzag, a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle == our waves have these shapes. Wave W is a double three Wave == the wave (W) is a double three Wave✅ // Any three ✅ Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W == Wave (X1) has complied.✅ Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three == Wave (Y) has complied. ✅// The wave (Y) is a double three Wave✅ Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave Y == Wave (X2) Has retraced 161.8%, t Has not complied but I am talking about the standard template ❌ //Any three ✅ The second wave X(X2) structure does not have be the same structure as the first wave X (X1) == This item has complied ✅ The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W.== The wave (Z) ends with another double three.// My aim 🎯 If you read my explanation carefully, you will know that my counting waves are really close to one of the standard templates of three corrective structure combinations that can form triple three corrections. Where is the end of Wave (Z) ?! My idea : Structure of Wave ( Z ) is ( Flat 3-3-5 ), and I think that we are on microwave C of microwave ((Y)) of Wave (Z). Wave C terminates just slightly beyond the end of wave A at around 113% to 127.2% (Standard). The End of wave C or the End of Wave ( Z ) ( End of Main Wave 4 == My aim 🎯 ) : Target 1: 36370$ == (113% Wave A) // 37320$ (127.2% Wave A ) // 37555$ is Yearly Resistance 1 . Target 2: 41280$ until 40290$ ( Resistance + Cluster of Fibs+ Topline of the upper channel + upeer line of Bearish 🦇Bat🦇 Harmonic Pattern ( we have this pattern on this zone) ) Support zone: 31620$ until 30960$ ( Support + Cluster of Fibs+ the lower line of Descending Triangle ) == Heavy & important Support Also, still, I am believing in Bitcoin Long-term Analyze ( Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/ My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Over 43780$ our counting waves will fail and we can think about buying coins. Thanks for reading this Long text🙏💐. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
by pejman_zwin
23
XAUUSD - Ending Diagonal - End Of 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 set of waves are forming. They are coming together in an Ending Diagonal . Ending Diagonals are commonly found at the end of a Wave C in a correctional sequence. I see this final wave coming to at least 1650 according to the general guidelines, and then a wick out anywhere down below between the 1650-1630 zone. From there we could see a new yearly high with an initial target of 1787. Further wave extensions are coming in at 1808, 1833 and 1846. This is a long term target (quarterly and biannual) which only serves to provide an indication of the current direction. Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for educational analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
FX:XAUUSDLong
by BeyondEdge
XAUUSD - Ending Diagonal - End Of 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 set of waves are forming. They are coming together in an Ending Diagonal. Ending Diagonals are commonly found at the end of a Wave C in a correctional sequence. I see this final wave coming to at least 1650 according to the general guidelines, and then a wick out anywhere down below between the 1650-1630 zone. From there we could see a new yearly high with an initial target of 1787. Further wave extensions are coming in at 1808, 1833 and 1846. This is a long term target (quarterly and biannual) which only serves to provide an indication of the current direction. Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for educational analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
FX:XAUUSDLong
by BeyondEdge
FTSE 100, falling wedgeFTSE100 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 resistance would signal a long or you can enter earlier if your risk permits. For Elliott wave a break above the previous X wave will negate the 'triple three' wave pattern. Happy Trading!
OANDA:UK100GBP
by Antonio_trader
Long AUDNZD: Possible Triangle Completion, Cypher to Enter LongAUDNZD 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 barriers, target one will be taken near the top of the triangle. If price indicates impulsive action through the top of the triangle, the pair is likely to complete the (c) wave on one higher degree. T2 is placed at the peak of (a). SL is placed below Cypher X point, with entry at .786XA. If cypher entry is not triggered, entry will be taken on the break of the trendline.
Long
by glennmercer
2