Judging by the observed situation, the 4th wave is now developing inside the higher 3rd wave. The previous forecast worked well, so we are waiting for the development of events, the most likely scenario will be a correction with targets of 0.8 -0.75-0.7 and the completion of the current impulse
In the current long impulse, wave 1 most likely ended. Now we will observe the development of wave 2. Since, if possible, it is better not to trade corrective movements, it will be better to wait for the completion of the correction at the targets: 1.1.7-1.6 2. 1.5-,1.45 3.1.4-1.35
We are watching the development of the impulse movement. The most probable are the following targets of the third wave - 53-56, 56-59, 59-62. There are small chances to see 65-70, nevertheless, they are worth considering. After that, we will probably see a correction in the form of the 4th wave and the completion of the impulse
The completion of the third wave can be considered completed, as we observed a three-wave movement, which we consider corrective. We expect the impulse to end in the form of the fifth wave, with targets at 14500-15000, however, due to the possible “emptiness” of the market, large “shadows” down are possible in this range
The controversial state allows us to enter the trade with minimal risk. The 3rd wave ran into resistance and showed an increase in fibo of 161.8%. We can consider the entire reversal movement as an impulse as long as a protracted correction lasts and until the pivot and at the same time our stop loss of 0.455 are overcome
Judging by the observed impulse decrease, the current situation is most likely the end of wave 4, and therefore we expect the movement to end by breaking through the pivot 5.55, when approaching it, you need to be more careful with short positions and you can look for entry points to the long
In the current situation, we are seeing the probable completion of the running correction in the form of formed waves a-b-c. The most probable seems to be a decline after the rebound or a false breakdown of the resistance at 55.5-57. The continuation of the decline will be confirmed by the breakdown of the pivot 40.3
On February 24, a 5-wave growth began, on April 5 it entered the correction stage, we are waiting for the completion of the corrective movement (targets 0.13-0.135) and are looking for points for a set of long positions. 3rd wave targets: 1st 0.24-0.25 / 2nd 0.30-0.32.
The 5-wave impulse began on March 7 and continued to rise until April 2. At the same time, the WXY correction began and we are now observing the development of the Y wave. goals 1.08-1.12. In these zones, it is probably worth closing short positions or postponing the opening of short positions.
1st correction target - 9.9 2nd - 7.5-7.6 Since there was a stretch in the 3rd, there is a chance of failure in the 5th
If marking is right then we are going to finish this impulse and reach 3.3-3.4 Then 1st correction target is 2.7-2.8 2nd 2.4-2.45 3rd 2.1-2.12 4th 1.34-1.4 Each next goal - lower chance
If marking is right then we are going to finish this impulse and reach 114-116. Then 1st correction target is 102-103. 2nd 95-96. 3rd 89-90. 4th 70-75 5th 60-65 Each next goal - lower chance
In the current situation, we are seeing the likely completion of a flat correction in the form of a-b-c waves. The most probable is a decline after the rebound or a false breakdown of the resistance of 3.7-3.9. The continuation of the decline will be confirmed by the breakdown of the pivot 2.875
The asset has a weak correlation with Bitcoin, and therefore the completion of the impulse with the fifth wave in the fifth wave of the senior level is most likely. The assumption will take effect after breaking through the pivot 5.03 with subsequent targets 4.7-4.5-4.3
The current environment still does not resemble the "total surrender" of weak hands. In this connection, the most likely outcome is the completion of the correction of the third wave (1500 -> 1000). Targets 1200, 1250, 1300. In the vicinity of these targets, we expect the final 5th wave with risks of sales up to 900, 800
We observe wave c in the correctional channel. we are more likely to end the impulse decline with the 5th wave, from the current levels and up to the update of the pivot 0.4. goals - 0.36-0.35.
We saw the completion of the 3rd wave of the bearish scenario. At the moment there is a formation of the 4th wave in the form of a triangle. We expect a decrease under 1700, possibly under 1600. With the definition of specific goals, everything is not clear, we will observe the development of the impulse.
After the A-B-C correction, we see a five-wave bearish momentum. The current situation looks like the development of the 5th wave in the 3rd wave of the higher order. We are monitoring the situation and will look for entry points speculatively into longs with a minimum volume at 2.75-2.8, and then entry points into shorts 5.3-5.0. Risk/reward as always 3 to 1.