Hellena | EUR/USD (4H): Short to support area 1.07693 (Wave 3).Dear colleagues, I assume that the price has finished corrective movement 2 and starts impulsive movement 3. The first target is the support area 1.07693.
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Wavetheory
Hellena | Oil (4H): Short to support 78.40 (Wave C)Dear colleagues, I assume that the price is starting wave C. The nearest target is the support area at 78.40. After reaching the target, I will consider only long positions.
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Hellena | GBP/USD (4H): Long to 50% Fibo lvl 1.26788.I assume that the price will make a corrective movement 2 to the area of 1.26788, after which I expect the continuation of the price decline with the renewal of the minimum.
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Hellena | AUD/USD (4H): Short to support area 0.63758.Dear colleagues, I assume that the price will reach the support area at 0.63758. Perhaps it will renew the minimum, as I see the beginning of wave 3 here.
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Hellena | GBP/USD (4H): Long to resistance area 1.28556.Dear colleagues, I assume that the price will reach the resistance area 1.28556. Thus, the corrective movement will be completed, then I expect an impulsive downward movement, but about it in the next idea.
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Hellena | GBP/USD (4H): Long to resistance 1.28783.Dear colleagues, I assume that the price will break out of the channel and reach the resistance target at 1.28783. This is the first target along the path of the impulse wave 3.
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BGLC gathering momentum to gain some profit .....BGLC gathering momentum to gain some profit though it may be temporary or rather say a correction pattern as we will follow.
we can expect impulsive wave to reach 3.87$ or ABC correction wave.
the sure thing is, after correction comes impulsive so we can see the BGLC rise in the near future.
3.87$ per share is a key level where we will observe to analyze the next move.
Hellena | EUR/JPY (4H): Long to resistanse (beginning of Wave 3)Dear colleagues, I believe that the impulse movement of Wave 3 has begun. A retest of the low is possible. The first target is the resistance area at 157.494.
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Hellena | EUR/GBP (4H): Short to support areaDear colleagues, I assume that the price is completing corrective wave 2 and an impulsive wave 3 will soon begin. The first target is in the support area at 0.85505.
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Hellena | GBP/USD (4H): Long to resistanse (beginning of Wave 3)Dear colleagues, I believe that the impulse movement of Wave 3 has started. A retest of the low is possible. The first target is the resistance area at 1.27885.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GBP/USD (4H): Impulsive wave 3 (Long)Dear colleagues, it is likely that the price is completing corrective wave 2 and an impulsive wave 3 will begin soon. Based on my analysis, I anticipate only long positions for this pair. The nearest target is at least in the resistance area of 1.31352.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
eth usdt I see two scenarios at the moment, but you have to wait for better entry points. It looks like wave 2 will soon be developing. If it goes down to the 61.8% Fibonacci level and creates a range, the risk ratio will be very good. This will allow you to ride the trend up easily. Patience and careful analysis are essential in making well-informed trading decisions.
Study and test Elliott Wave theoryI have been studying and experimenting with the original Elliott Wave theory for several days now. I've delved into the concepts and this is just the beginning, only 10 out of 100 in terms of results. Clearly, 90% is still incomplete for me. So, I'm looking for something more exceptional than this. Sometimes, time might help me develop something better. Haha... :)
EURUSD Div Invalidated, Alternate tagged perfectlyOn July 2nd I put out a video, discussing being "Stuck in the middle", and mentioning the Bearish Monthly Ichi structure. I admittedly was thinking EURUSD would be Bearish for the week, but I did mention where I'd be invalidated; A break above the descending Daily Forecast Line.
We did just that, broke the Daily Forecast, and proceeded to move to 1.112 and more, which was my anticipated alternate target.
In this video, I show out next anticipated levels above, using Ichi Forecast Lines, as well as Ichi Wave Theory.. and the invalidation areas to the downside, should the market choose lower, versus higher.
As always, good luck, have fun, and practice solid risk mgmt.
P.S. -- When mentioning the Divergence, I say "Lows", when I meant "Highs"... so forgive me for that confusion.
ADRO: A Death Cross Curse?Moving Average trend indicators are running into a death cross in IDX:ADRO , giving a sign for mid-term downtrend to sustain. My swing low targets are placed at level 1705 to 1730, leaving a sharp drop around 26 to 27% downside.
I hope my chart perspective would be wrong, but if.. it happened, you guys had been warned from the start.
NSE HEROMOTOCO: Are Bulls Strong Enough to Sustain Impulse?Timeframe: 30 min
Brief analysis:
HEROMOTOCO has started a five-wave impulse cycle from the low of 2745.5. Price has accomplished wave Y of wave (4) and started impulsive wave (5). Buyers will have an opportunity with a captivating risk reward to ride the trend after confirmation for the following targets: 3167 – 3210 – 3260+ .
In-depth analysis:
NSE HEROMOTOCO has formed an impulsive cycle after an extreme low. In this case, the security is trading above the 20,50, 100, and 200 EMAs, which indicates that the bulls are in control. The formation of wave two was a running flat which retraced 0.618% of wave (1) at 2795. The third wave was an extensive wave that extended 3.618% of wave 1.
Wave 4 has formed a double zigzag formation with wave W-X-Y, in which wave W was a zigzag, and wave Y is an expanding triangle. The retracement of wave (4) is 0.382 of wave 3. Currently, the price has broken out and traded above wave d, which signals that the big move is about to unfold.
Corrective structure always holds by either wave X or B-D trendline in expanding triangle. The price can take a retracement if the demand is growing with low volume. If the price breaks out at 3131, traders can initiate a long position for the following targets: 3167 – 3210 – 3260+ . The setup will be invalid after the breakdown of wave e.
Target measurements:
100% Reverse Fibonacci of the 4th wave at 3208, and 38.2% extension of wave 1 through the 3rd wave at 3212.
50% Fibonacci extension of wave 1 through 3rd wave at 3261.
Nearby high of wave B at 3167.
We will update further information soon.