EamesAnalysis

EamesAnalysis

I believe that Bitcoin has mad a double correction labelled as WXY and each individual as ABC. I think the second C wave or Y wave will end in the highlighted zone. From this point I expect upside. This will either be an X wave if the correction becomes more complex, or the begging wave of a bull run(1). In the area of the top two horizontal lines is where...

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I have labelled a five wave count and believe to be witnessing the unfolding of a C wave. I do think the B wave may be a very short lived, shallow correction, almost a stall of price action before the C wave occurs. RSI and MACD seems to be looking upside. The moving average is approaching price action from below indicating upside also. On this trade stops could...

EamesAnalysis Updated 

I see EURJPY to have made a five wave structure and made an A wave. I see the B wave forming and the moving average coming close to touching price action. I expect to see a downwards move to around the 61.8% level. Any advice or feeback is appreciated. Thanks.

EamesAnalysis

On this chart I see an impulse followed by a short correction. I anticipate a downwards move towards the trendline. If there is consolidation on the trendline similar to the corrective pattern we see now, then I expect a break of the trendline and continuation downwards. Also I have labelled an ABC pattern with C being 1.618 times larger than A and wave B...

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I see an almost completed elliott wave count as the B begins to finish (if it doesn't become more complex). I expect to see price fall once it reaches the highlighted area and will be watching for a break on the corrective trendline to confirm downside. I expect prices to fall quite sharply if trendline is broken. Any advice is appreciated. Thanks.

EamesAnalysis

I see this as an ABC correction. The A wave appears to have formed and the B wave looks to be soon finishing. Downside expected.

EamesAnalysis

Upside will be expected once there is a reaction from the grey highlighted zones. Any advice or information is appreciated, Thanks.

EamesAnalysis Updated 

DJI appears to be in a corrective period. I have seen this as a zig-zag which has led on to either another zig-zag or what may not have finished triangle. I have added the moving average for extra confluence and the market appears to have made a very short term flag (trend continuation pattern). To me this is looking upside and could potentially be the start of...

EamesAnalysis Updated 

I see that GBPUSD has been in quite a strong uptrend for some time now and has began correcting. I have labelled the correction as a zig-zag followed by a flat. It does have the potential to become a more complex correction, however, it is looking upside regardless if it continues correcting or resumes the uptrend. I have drawn out how I see the flat to have...

EamesAnalysis

I see this pair to be creating the elliott wave structure upwards. It appears to be making the fourth wave, and I have drawn the fourth wave down to the lowest possible point it could correct to. If price action passes the fourth wave marker then this count is incorrect. I also noticed that the Fibonacci retracement marks the 61.8% very close to where I drew the...

EamesAnalysis

It seems that DXY has been acting within this price range for some time and I have seen it as a more complex pattern. This is the fist time I have posted a WXY formation so any guidance or pointers on these is appreciated, as with all trading knowledge. I anticipate price to continue upwards and finish around the trendline. If that is the end of the correction,...

EamesAnalysis Updated 

Gold seems to have finished the 5 wave pattern which my other gold prediction covered. The five wave cycle has finished and has formed an A wave, is currently in the B wave and I am looking at any break of the short term trendline. This would confirm downside. I would not be surprised if the correction did retrace to the 50-61.8% of wave A before wave B...

EamesAnalysis Updated 

A-B fib retracement shows the D finish in 61.8-78.6% area. I expect price to fall into the 61.8-78.6% area of retracement C to D. I am waiting to see if it is confirmed for further downside at this point, before making any further predictions.

EamesAnalysis Updated 

GBPUSD looks like it has finished the 3rd wave and has began correcting. I would expect price to climb to the 61.8 to 78.6 % fib retracement level finishing the B wave. I then would anticipate price to fall down the the 161.8% level of wave A. This would complete the first of possibly 3 corrections. If entering, I would wait for a larger/engulfing bullish...

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BRK.A appears to have completed the 5 wave elliott wave structure and is showing signs of downward movement. It seems to be creating a 5 wave structure downwards, which would be the A wave of the corrective cycle. Wave 3 is currently in progress and I would anticipate some consolidation around the trend line to confirm the 3rd wave continuation to the negative fib...

EamesAnalysis Updated 

AUDUSD appears to be close to finishing another 3 wave structure labelled as C-D. It has made a short term correction following from an impulse. It also seems to have broken out of the short term correction trendline and began its move downwards. I expect the impulse to end at point D and begin another 3 wave pattern upwards completing at E. Once D has completed I...

EamesAnalysis Updated 

I'm new to trading waves and any feedback is appreciated. I see DJI nearing the end of the 3rd wave and am expecting a correction similar to that of wave 2. The fourth wave will be one of the three corrective pattern types and could become more complex, I just added the bar forecast as a general estimation. I expect it to form the fourth sub wave from the 1.618...

EamesAnalysis Updated 

Expecting gold to form a short correction like that of wave two. Expecting another impulse up after correction is broken. If confirmed, fifth wave can be expected to go to the 38.2 extension, with unlikely possibility of reaching the 61.8 XAUUSD. Never looked into gold, trying to apply my analysis to as wider range as possible. Any feedback appreciated. Thanks.