TRXUSDT Elliott wave countAbove 0.10475 we are looking to the upside for wave ((5)).
Equality between waves ((1)) and ((3)) could signal an extended wave ((5)).
From the guidelines of alternations, wave ((2)) a running flat correction may signal wave ((4)) ended as a zigzag correction.
Price bounced into the 0.382 fib retracement as usually a wave 4 do it.
Log scale used!!
Wave5extension
NIFTY - Ready to Launch into 27000 levelsGETTEX:NSE : NIFTY
NIFTY Index since its inception in 1990 - completed Wave 1 in 2008 followed by Wave 2 with FIB approx 0.5 Fib level retracement.
Then continued wave 3 impulse wave until COVID impact with a sharp correction(retracement) to 0.382 fib level marking the completion of wave 4.
when waves 1 and 3 neither of them are extended and wave 4 retracement is only 0.382 fib level, a most likely scenario of wave 5 is extended till 1.618 FIB extension (~27100 Level)
This long-term possibility could take months to make due to macro global and political as well.
However, the current position of INDIA in the Technological and Political Landscape globally. I truly believe this possibility is a quick one to achieve.
EURUSD - Elliott wave – monitoring micro wave ((3)) of submin v
prevailing scenario
wave (ii) maybe over in abc subminuette correction
monitor prices evolution in a motive mode
wave ((3)) of v unfolding - first target 1,2189 fib 1.618 wave ((1)) ext
ALT: continuation of wave (ii)
possible expandig flat in 3 waves
critical price area
previus daily close 1.2148
PP 1.2145
FIB 1,2189 fib 1.618 wave ((1)) ext – 1.2233 fib proj wave v (double extention 3/5)
static S/R 1.2182 critical R
volatility D 1.2130-1.2223