Wave5
XAUUSD (Gold) Prepares for 20 Month Bull Run - 30% PumpBased on what I've been tracking as for Gold's all-time wave structure/pattern, I believe that its due for a yet a strong bullish swing over the next 2 years. In the tail end of what I believe to be a Flat pattern, its safe to expect (take these words lightly) a Wave 5 move to follow in the macro direction of trend - to the upside. Solely based on my perception of the waves and continual fibonacci usage, I have strong belief that Gold will strike into the top range of $2200-$2400.
Guessing a timeframe is not my strong suit however, if I had to do so, I'd assume that this range will be seen between Fall 2023 and Winter 2024 (Jan-March). By scrolling to the right on my previous XAU prediction, you can see this same very prediction (see: ) or click at the bottom of this post.
Beyond this anticipated pump, I believe that Gold could see a 60% drop over the next number of years to come. As with all ideas and predictions, things are always 1000% tentative. Follow me on for continuously updated ideas and like/share this post if time permits :)
BTC - the only macro you needAll Elliott wave laws, thesis, observations are valid and pretty much textbook.
Alternation
wave 1 -> usually completely fades
wave 2 -> zigzag, deepest correction
wave 3 -> most dominant
wave 4 -> sideways expanded flat, long but not that sharp and deep
wave 5 -> most euphoric and normally retail driven
Rising channe
Wave equality? Perhaps That would put the target to cca. $120k if we goin similar to wave 1. But if we are following the channel, top is in at about $200k. Two areas to look for.
What's most important: we have wave 5 in front of us :) In a few months, welcome to mania .
ABC on LUNA?Could we now be in an ABC down to around the $60? The reason why I think $60 is because that's roughly where I assume the 200MA will be by the time the ABC down is finished. As you can see in the chart, the 200MA is a STRONG support, bouncing each time it touches.
XRP in a last upward move before restingXRP now trying to complete wave iv in wave 5. Now XRP is forming triangle chart pattern. If the price break the cut loss level than this count is invalid. The length of wave 5 can be measured by 3 methods. But also in a rare case scenario, wave 5 can be truncated. Taking into consideration of all these possibilities, the minimum take profit area is set at the previous high. If the price break this resistance, XRP can go up to $4 or $5.
LINKEUR Elliott wave 5 correctionElliot doesn't give us when or how much, but we know which way its movement is going.
¨°o.O - taking into account that wave 5 has to stay below wave 3 it can be predicted that there is a probability that the price will go to 1 digit at the end of this wave 5.
¨°o.O - taking into account that after wave 5 will make ABC go up because we are using inverted elliott in a bearish channel, I will make an entry at the end of wave 5 and an exit at C.
¨°o.O - the chart is at 9Hs, it gives you plenty of time to do your own analysis, however BTC and coins in general are doing something similar.
¨°o.O - I'm not saying that after wave 5 it will start a run to the top and I expect a continuation down after the elliott 5+ABC takes place,
but at a certain point the market after a C wave will make 12345 not going down but up until then we are analyzing daily and taking advantage of these small rises in the bear market which is a good way to earn between 10 to 30% even in a falling market.
¨°o.O - leave your like and leave your opinion if you want.
this is a conservative analysis because wave 5 as I said has to be below wave 3 but in a bear market it can even go below the white lines I drew
NZDCHF : bullish outlook, completion of patternHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
NZDCHF :
A falling wedge pattern is seen. the price breaks the falling wedge and we can expect a bullish wave.
This falling wedge is forming wave 5 of Elliot count.
Let's see my previous analysis at daily time frame.
This Elliot count still is valid.
Wave 5 is forming a falling wedge at lower time frame
We need another bullish candle in 1h time frame to confirm the breakout. Then we can assume the wave 5 is finished.
FORTH/USD Deep Crab Completed Along With 5th Wave Correction.Hello everyone. I was looking at FORTH/USD and seems to me that we have put a temporary bottom or even a final bottom. As you could see, there are 2 factors that give me confidence we are ready to move up. 1. The completion of a wave 5 sequence and 2 the completion of a bullish deep crab harmonic pattern. I except an explosive coming soon. My targets are 1) $17, 2) over $25 +. I just wanted to share this with whoever could see it. I'm not a financial advisor, I'm only sharing what I'm doing. Good luck everyone!
COTTONStrong performance uptrend.
Analysis from the weekly timeframe to the 4-hour chart support, a bullish wave 5 (DAILY) bias.
The daily chart is also end of trend wave 3 Weekly timeframe
NZDCHF : bullish outlookHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
NZDCHF :
Possible Elliot counts are shown on the chart.
we can see two patterns:
1: the bigger ABC pattern.
2: the C arm of the ABC pattern includes 5 waves and the price reached the end of wave 5.
price:
the price reached a PRZ zone for the wave 5 and the end of ABC pattern.
Rndrusdt future target Hello dear friend, even though you are short num :) Did you see the last two posts? Both successfully achieved their goals. So I decided to share a new idea about RNDRUSDT . I tried to set the price on the chart, I hope you are always profitable.