Hello This is my idea The price has entered a higher channel after starting its up trend. And because it has touched the bottom of this channel twice, it has been fixed in it. Here we have two patterns AB=CD. One is in the form of a correction and minor wave, and the other is in the form of a major wave. This is a simple and general idea. The condition for...
Hi, its my idea : RISING WEDGE after break out and pullback you can inter by sell position
On all charts, if you see a long wave, it is probably Elliott wave 3. So look for the path of wave 4 and 5. The vertical lines of Time analysis are based on Fibonacci Wave 4 usually corrects either up to 32.8% or 50% of wave 3. So time analysis is very important here. Because we have to wait for the right time. Time correction for wave 4 is usually 100% fibo...
With a five, Elliott has reduced the price. Now we have to draw a fibo retracement from the beginning of this cycle to the end of it ( 0 to 5) and the minimum correction (here correction means price growth) will be 61.8% fibo. NEXT TARGET IS FIBO 78% The vertical lines of time analysis are based on Fibonacci
With a five, Elliott has reduced the price. Now we have to draw a fibo retracement from the beginning of this cycle to the end of it( 0 to 5) and the minimum correction (here correction means price growth) will be 61.8% fibo. NEXT TARGET IS FIBO 78% The vertical lines of time analysis are based on Fibonacci
Hi I see an inverted head and shoulder pattern in this chart. The divergence at MACD also confirms my idea. But the number of candlesticks on both sides is a bit out of symmetry. However, in a trade using classical analysis, the entry point for the Buy position is the green arrow. Time analysis is indicated by vertical lines. I have prepared this for the watch list
This is my idea. I have seen all the Fibonacci numbers for the 2 and 4 wave targets and it is correct. Divergence is also seen in the MACD. There seems to be a possibility of a head and shoulder pattern. And abc correction is on the way.
This analysis was performed in a weekly time frame. Given that the recent correction on the Fibonacci RET is 78% and PRO 100%, it is clear that this correction wave could be wave 2 on a large scale. So we are expected to have a big 3 wave ahead. The end of Wave 2, using Fibonacci time analysis, corresponds to the end of June.
This analysis was performed in a weekly time frame. Given that the recent correction is on Fibonacci 61.8%, it is clear that this correction wave could be wave 2 on a large scale. So we are expected to have a big 3 wave ahead. The end of Wave 2 corresponds to Braille-August using Fibonacci time analysis.
Hi this is weekly chart I do not know what has fundamentally happened to this currency. But technically, Fibonacci is usually 4.23 at the end of the wave. In very rare cases, it is possible to pass the currency value of this fibo. However, according to time analysis, it will be another strong start again by early September. This analysis is neither a buy offer...