Get started

Waves

WAVES triangle fractal#WAVES/USDT $WAVES is inside a triangle that is below a long-term triangle. 🐻 if price follow the previous triangle it will breaks down the lower line to touch the descending trend lines around $3.5 and $3.2, and break down from $3 will drop price toward last long-term support around $2. 🐮 holding the lower line of 4h triangle will increase price to break out from long-term descending resistance to reach resistance zone around $4.2 and will increase more toward upper trend lines.
WShort
by parissap
Elliott wave 1 Elliott wave 1 Flat graph by Nantich The traingle Turtle and rabbit One day a rabbit was boasting about how fast he could run. He was laughing at the turtle for being so slow. Much to the rabbit’s surprise, the turtle challenged him to a race. The rabbit thought this was a good joke and accepted the challenge. The fox was to be the umpire of the race. As the race began, the rabbit raced way ahead of the turtle, just like everyone thought. The rabbit got to the halfway point and could not see the turtle anywhere. He was hot and tired and decided to stop and take a short nap. Even if the turtle passed him, he would be able to race to the finish line ahead of him. All this time the turtle kept walking step by step by step. He never quit no matter how hot or tired he got. He just kept going. However, the rabbit slept longer than he had thought and woke up. He could not see the turtle anywhere! He went at full speed to the finish line but found the turtle there waiting for him.
SET:IVL
by knantich
Bullish bias, target 1673.After the end of wave 5 (previous downtrend), gold has started to correct, maybe in a big ABC setup, or even in a new big impulse 12345. However, we should watch 12345 waves, inside big A wave or inside big 1, it doesn't matter. First we see 1 and 2, inside 3 we have another i,ii,iii,iv,v setup. Gold has retraced to 50% fib retracement levels of wave iii, this can be the end of wave iv. Inside iv wave, we can see small a,b,c setup. Here we have two scenarios : *First one in red, continuation from 1650's levels to 1673. *Second scenario in gray, we are ending small b inside iv, going down to create small c to start after it wave v. If this scenario is valid, Gold will probably retrace until 38.2% fib to end small c. Two buying setups are available, from 1655, or from 1635, knowing that iv shouldn't retrace more than wave ii, let it be the stoploss of the second scenario. Hope you enjoyed this analysis, Joe.
OANDA:XAUUSDLong
by joe-abdallah