Hellena | EUR/USD (4H): Short to 100% extension Fibo 1.06496.Dear colleagues, I assume that the price is completing the impulse wave 3. I think that the nearest target at reaching 100% Fibonacci extension level 1.06496.
Wavetheory
Hellena | GBP/USD (4H): Short to strong support 1.23974.Dear colleagues, we have 2 event scenarios in front of us, but with one final target in the support area at 1.23974. If the price immediately reaches the target, it will be the end of wave 3. But if we see a correction, it means that wave 3 is already formed and we are looking for a short entry with wave 5.
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Hellena | GOLD (4H): Short to support area 1914(Wave 3).Dear Colleagues, I assume that the price goes to corrective movement 2, then I consider short positions with the aim to reach at least the support area of 1914.
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GOLD, to continue the bearish waveLast Thursday, gold price attempted to make a correction towards the $1930 PER ounce but was quickly rejected by the EMA-200/100 on the 4Hr time frame at $1929.814 which signifies that the bears are still in control in that region.
Last Friday, the price declines to 1919.085 at the time of market closure whereby the last two 4Hr candles closed below the trendline support that has been holding the bulls since 21st August 2023.
As long as the candles are closing below that trendline support signals the potential continuation of the bears movement down to the next significant level (1903).
Important news coming up this week which can alter the direction of the gold market so keep your eyes on the news on Wednesday to Friday. DXY has for the next consecutive 8 weeks been a bullish swing that could put more selling pressure on gold.
Wednesday: CPI
Thursday: PPI, retail sales and unemployment claims
Friday: Empire State Manufacturing Index and Prelim UoM Consumer Sentiment.
Resistance: 1925
Support: 1907, 1903, 1896
Hellena | Oil (4H): Short to 38.2% Fibonacci 183.36. Dear colleagues, I assume that the price has completed wave 1. Correctional movement is inevitable. The nearest target is the area of 38.2% Fibonacci 183.36.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Ichimoku Wave Theory's | Time CycleA set of equations
AB=C
A=C
C=B(AB)
A=B+C
can be used to create waves that can be applied to every high and low or trend cycle. Combining these waves with Japanese Patterns can help to create more accurate TP and exit points.
Some tips for better results include using the nearest Japanese/Japsian number if the numbers are shy of the main Japanese Number.
For instance, instead of using A=60, use A=63. Similarly, use AB=99 instead of AB=97.
Below are some Japsian Key Numbers that can be used to enter new cycles and create better results:
- First Cycle: 9, 17, 26
- Second Cycle: 35, 44, 52, 63, 72, 77
- Entering New Cycle: 90, 99, 108, 129, 153, 216
Hellena | GOLD (4H): Short to support area 1915.960 (Wave 3).Dear colleagues, I assume that the price is completing the impulse wave 1 and starting the corrective wave 2. I consider only short positions and I think that the nearest target is in the support area of 1915.960. This is the minimum target because wave 3 should be longer than wave 1.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GBP/USD (4H): Short to 100% Fibo extension 1.24883.Dear Colleagues, I assume that the price is completing the impulse wave 3. I think that the nearest target at reaching 100% Fibonacci extension level 1.24883.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Is BTC Headed to 2019 Bear Market Lows - SHORT -85%?In this video analysis, we dive deep into the current state of Bitcoin's price action. We'll explore the critical M formation that emerged in June 2021 and how Bitcoin is currently resisting its lower boundary. We'll also discuss the ongoing corrective b-wave within the larger wave C, examining potential upside targets.
Join us as we analyze key support and resistance levels, Fibonacci retracements, and Elliott Wave Theory to provide insights into where Bitcoin might be headed next. Our target zone of interest? The 2019 bear market lows, situated between $3,000 and $4,900, which aligns with the 1.618 to 1.272 Fibonacci levels of the preceding wave a.
Stay ahead of the cryptocurrency market trends with our in-depth technical analysis. Don't miss this opportunity to gain a comprehensive understanding of Bitcoin's potential price movements and make informed trading decisions.
EURCADAccording to the above labeling, this currency pair is on the verge of falling in the form of hypothetical wave C or 3.
If the wave structure of wave B is recognized correctly, you can expect a fall.
This is just an analysis and idea of future price movement..
Hellena | GOLD (4H): Short to support area 1925.Dear colleagues, I assume that the price has started the movement of wave C. The nearest target is the support area of 1925.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GBP/USD (4H): Short to support area 1.25515.Dear colleagues, I assume that the price has finished corrective movement 2 and starts impulsive movement 3. The first target is the support area 1.25515.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Long to swing area 1.08282.Dear colleagues, I assume that the price will make a corrective movement to the swing area 1.08282. After that I will look for the possibility to enter a short position.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | USD/JPY (4H): Short to 50% Fibonacci 145.499.dear colleagues, I assume that the price has completed wave 1 and is going into correction. The nearest target is the area of 50% Fibonacci 145.499.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Long to swing area 0.08640.Dear colleagues, I assume that the price will reach the swing area 0.08640. Perhaps it will renew the minimum, as I see the beginning of wave 3 here.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | DJI (4H): Short to support area 34628Dear colleagues, I anticipate that the price will continue to decline towards the support area at 34628.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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.
