Hello friends On the Gold chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of gold. These 5 bullish waves are wave 5 of 3. Now this wave is wave 3 of 3 or C. That is, we are faced with two scenarios, in both scenarios the price should increase. Anyway, we expect the price to grow to the $2725 range, and...
Hello friends In the CADCHF currency pair, we expect the price to grow, but why? In this currency pair, we are witnessing the formation of 2 5-wave patterns and 2 zigzag patterns, which can be called 1 or A and 2 or B and 3 or C. In my opinion, considering the price drop and the formation of these patterns, it is evidence of a price reversal. Therefore, I expect...
Hello friends In the EURUSD currency pair, we are witnessing the formation of a 5-wave bearish pattern, which indicates a decrease in the value of the euro and an increase in the value of the dollar (due to President Trump's policies in the future). This 5-wave bearish wave is completing wave 5 of 5. This means that the price decrease will continue for now. This...
Hello friends In the Ripple digital currency, we are witnessing the formation of a 5-wave bullish pattern. Of course, this pattern can also be a zigzag with wave C extended! But we assume 5 bullish waves. Currently, waves 1 to 4 have formed and we are waiting for wave 5 to form. If the price moves upwards from the 2.35 range, our hypothesis will be confirmed and...
Hello friends On the oil chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of oil. This 5-wave bullish wave has completed wave 5 of 5. Between waves 2 and 4, we also witness an alternation, and wave 3 has more microwaves or, so to speak, more complexity, and this is a confirmation of our analysis. This...
Hello friends In the previous analysis of the currency pair USDCAD, we expected the price to grow and also specified the profit-taking range. Now, if you took your profit at the desired point and exited the trade, you can enter the buy trade again to reach a higher target. The reason for this is the formation of microwaves 1 to 4 of the main wave 5, and currently...
Hello friends, We are witnessing a 5-wave impulse pattern in the USDCAD currency pair. Waves 1 to 4 have been completed. Wave 3 has 5 complete subwaves. Wave 5 also has 4 complete subwaves and wave 5 of 5 has started to complete. So, according to the above theory, we can enter a buy position with a stop loss of 1.39300. The profit limit can also be considered...
hello friends We see a triangle in the USDCHF currency pair. Triangles are always seen in wave 4 or B zigzag. But everything depends on where these triangles break. It usually moves in the same direction after the break and the Pullback goes to the lane. My theory is wave B of Zigzag and the price is more likely to go up. Stop loss can also be set at the end of...
hello friends In the AUDJPY currency pair, we see the formation of a 5-wave pattern in the dominant wave (B). Before these 5-waves, we see a strong downward movement. which we call wave (A). These 5 waves have modified the previous powerful movement, and the corrective movements are always more complicated and time-consuming than their previous wave. Therefore,...
hello friends In the USDCAD currency pair, we see the formation of a 5-wave Elliott pattern. This clear pattern consists of 5 waves. Only wave 5 has many details and wave 3 is stretched. Wave 5 has formed an ascending channel, and when this channel is broken and a pullback is placed on it, you can enter into a sell transaction. The confirmation of this theory is...
hello friends In the EURCHF currency pair, we see the formation of 3 Elliott patterns. The first pattern consists of a 5-wave impulse wave, which we can call wave 1 or A. The second wave is a zigzag and the third wave is a collapsing triangle. Considering that there have been two correction waves, the possibility of changing the trend is very high. My guess is...
hello friends In the CADCHF currency pair, we see the formation of 3 Elliott patterns. The first pattern consists of a 5-wave impulse wave, which we can call wave 1 or A. The second wave is a ZigZag and the third wave is an Expanded Triangle. Considering that two correction waves have followed, the possibility of changing the trend is very high. My guess is the...
hello friends In the CHFJPY currency pair, we see a complete 5-wave pattern with waves 1-5 completed. Apparently, wave 5 is an end triangle, one of its characteristics is the formation of small waves that overlap each other. These microwaves diverge from each other. This means that the price has increased, but the RSI indicator has decreased. Wave 3 has a...
hello friends In NOTCOIN (NOTUSDT) digital currency, we see the formation of a 5-wave and zigzag pattern. Waves 1 or A and 2 or B have been completed. Wave 3 or C has not yet formed. According to the above, one (upward) scenario can be considered in two possible scenarios. In the first scenario, we consider the formation of 5 impulse waves. Assuming 5 waves and...
hello friends In NOTCOIN (NOTUSDT) digital currency, we see the formation of a 5-wave or ziggurag pattern. Waves 1 or A, 2 or B, and 3 or C have been completed. According to the above, two possible scenarios can be considered. In the first scenario, we consider the formation of 5 impulse waves. Assuming 5 waves and considering the formation of waves 1-4, we will...
hello friends In the EURGBP currency pair, we see the formation of a 5-wave pattern. Waves 1-4 have been completed and microwaves 1 and 2 of 5 have also been completed. Currently, wave 3 out of 5 has been applied. Therefore, we expect the completion of wave 3 of 5, then wave 4 of 5, and finally wave 5 of 5. Therefore, we should see the price increase. The limit of...
hello friends In the NZDCHF currency pair, we see the formation of a 5-wave pattern with overlapping waves (waves marked in pale blue). This only happens in triangles. Therefore, we are faced with a normal triangle or an end triangle that is formed in waves 5 or C. In both cases, when the price hits the line drawn at the bottom of the triangle (line 0-2), we...
Hello friends In Alibaba stock, we see the formation of a 5-wave impulse pattern, whose waves 1-4 have been completed. The alternation between wave 2 and 4 is also observed. So we expect the growth of the share in the majority of wave 5. Basically, wave 5 is not as fast and sharp as wave 3 and is usually slow and sluggish, but we expect the share to grow to...