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Wave-5

EURNZD 60 minutes completing 5 wave short term long expected. EURNZD on 60 minutes chart, completing a 5 wave movement respects to the elliot Principles, currently wave 5 facing a truncation at the price level where wave 3 ends. All 5 wave respects fibo levels as per the principles of wave analysis. RSI showing divergence as showing noticeable higher value at the same price level, where earlier showed lower value at the same price level. Wave A can possibly start at the break of the triangle formed, and can end at the noticeable previous supply zone. OANDA:EURNZD
Long
by SATHISHKUMARSM
USD/CAD corrective mess triangle/complex correctionthe wave count dictates that we are in wave X of a minute degree and yet we haven't show the complete pattern so here is the probabilities: 1) Triangle : it is the highly probable pattern, and since the wave B/X is smaller than A/W and wave C/Y is bigger than wave B/X allows us to assume that a probable triangle would be a barrier triangle, with that being said we should anticipate price being supported at the red line, currently price has made and distinguishable abd correction but even with the NFP report coming out it positive for the Green price couldn't complete wave D this indicates to us that price is preparing a WXY correction inside of wave D but this still remain to the price to make it. 2) WXY : this is probable if price hasn't been supported at the red line we can assume that this corrective pattern is not a triangle which led us to this probability (WXY correction) but we cannot confirm this count until the price break the green line that server us as a support . 3) WXYXZ : as all wave practitioner i do know that this correction is rare but it still possible if price didn't visit the red support and continue it's rising.
Short
by Wyckoff_Monk
MATIC Extremely BULLISH; planning the move aheadMatic provides a unique long oppurtunity and could see some bullish price action ahead with a larger 5 wave move up towards new highs yet to be completed. Off the low of ~$0.32 some impsulive wave action has been seen having come up in a 5 wave count completed at the high of ~$1.05 with clear sub wave counts adding to the validity of the overall count. Matic then saw some strong consolidation of overtaken levels as support with strong accumalation occuring between $0.70-$0.90 in a Possible Wave 2 bottom for a larger Minor Wave 3 to occur. A possible first wave in the Minor Wave 3 has occured; which preceeded the sharp sell off from $1.30 as bitcoin sold off; it appears a wave 2 correcion is forming and will take longer to occur and an ABC is likely with a B wave higher then C wave down to likely support areas of the golden line at $1.02 and also $0.95 & $0.92 where price can then push higher and start to build another uptrend. Noticeably, the sharp sell off recently found a bottom on the lower warning line created from an Original Pitchfork using pivots of Minor Wave 0,1,2. Please like and follow for more advanced elliot wave updates; lets see how this materialises trade at your own risk.
MLong
by NICKVASS10
BTC and complete the declineWolfe waves and the transverse demand zone: Shapes drawn on the chart: The orange region: Strongest Quantumes Area at the present time, which is current transverse area limits The red zone and the green zone: weak trading areas that are not accompanied by quantities The blue circle: the confluence of the fourth wave with the current strongest demand point and touching the sub-uptrend (the leg of the ascending triangle) The blue line is the price breakout point at the 2020 high towards the 2021 high (69K), and the same time is the strongest demand area in this current drop from the Bitcoin high. Intermittent red trend: the target of the triangle is based on the waves of Wolfe The fifth wave is expected to be short as it faces the point 20361 which is considered a strong resistance as the price is likely to retest it after breaking it, as well as the middle point of ​​the side of the fourth wave considering the unified (angle of the five waves of this triangle 47°), then after that it is expected that the price will fall to The target of the triangle according to the Wolfe waves (dashed red line), which also coincides with the previous idea attached, where it targets the first retracement area shown there. If this path is achieved, it will be updated with a new idea
by AHMAD-CHART