M_Gheysvandi

M_Gheysvandi

Hello friends In the NZDUSD currency pair, we see the formation of an Elliott Impal pattern (5 waves). Waves 1 to 4 have been completed. Wave 5 has formed a 5-wave pattern known as Ending Diagonal Triangle. This pattern has a 3-3-3-3-3 structure and is formed in waves 5 and C, and it follows a sharp and fast correction. This correction will be deep and fast. You...

M_Gheysvandi

Hello friends In the Ethereum currency, we see the formation of a very clear Elliott Impulse pattern, which consists of waves 1, 2, 3 and 4. Wave 1 of 5 has also been completed and we expect the price to grow to the range of $4100. Of course, the first goal is $4100 and the second goal can be $4300. Be successful and profitable. To support me, I recommend you...

M_Gheysvandi

Hello friends Notcoin currency has had a price jump after the initial pricing. Then, with the calm of the transactions, wave 1 has been revealed and waves 2 and 3 have also been completed. One of the characteristics of wave 4 is that it is long and tiring and corrects between 50 and 61.8% of wave 3. These events are also observed in wave 4, so we can identify...

M_Gheysvandi

Hello friends Brent oil is completing its 5 out of 5 wave. Currently, waves 1, 2, 3 and 4 have been completed. Wave 1 of 5 and 2 of 5 have also been completed. Therefore, wave 3 out of 5, which always has the largest growth or changes compared to other waves, is being formed. If we want to create a trading stop, we can enter a trade buy at around $82 with stop...

M_Gheysvandi Updated 

Hello friends In the GBPCAD currency pair, we see the formation of an Elliott Impulse pattern. Currently, this wave is completing its 5th wave, of course, it may have been completed. Because of the count I did, I'm a little hesitant about wave 5. We can draw a channel on a larger time frame. This channel intersects in the range of 1.7600, which is a resistance...

M_Gheysvandi

Hello friends In the USDJPY currency pair, we see a completed 5 wave. We call it wave A or 1. An ascending channel that has modified these 5 waves has been formed and we call it wave 2 or b. Now, in both cases, whether we consider 5 wave impulse or corrective zigzag, in both theories we need another wave in the dominant wave 3 or C to complete the pattern. Now,...

M_Gheysvandi

Hello friends In the AUDNZD currency pair, we see the completion of 5 full bearish waves. These 5 waves are in a descending channel. Therefore, we can consider it as a corrective wave A. Now the first thing that comes to mind is the beginning of wave B. But what is the condition for the formation of wave B? The first case is the formation of a higher high (HH)and...

M_Gheysvandi

Hello friends It is not bad to have analyzes based on price action in our analyzes from time to time. In the currency pair USDJPY we see the breaking of the ascending channel and pullback to the ascending trend line located at the bottom of the channel. One can imagine the scenario of price reduction. Therefore, taking into account the possibility of changing the...

M_Gheysvandi

Hello friends today In Bitcoin currency, we have a 5-wave pattern that is completed by waves 1, 2 and 3. Bitcoin is definitely completing wave 4. Wave 4 is forming in the form of a triangle pattern, which is very common in wave 4. Now the 4th wave is completing its D and E waves. Therefore, we are waiting for the completion of these microwaves, and then the price...

M_Gheysvandi

Hello friends In the NZDCHF currency pair, we see a very clear Elliott pattern. In this pattern, we see either an ABC or a 3 of 5 wave. In every 3 or C wave scenario, we see a 5th wave, the 5th wave of which has not been completed yet. We are waiting for the completion of wave 5 of 3, and after breaking the upward trend line and pullback, we can enter the short...

M_Gheysvandi

Hello friends In the NZDJPY currency pair, we see sharp and strong growth. In the formed ceilings we see the divergence. If he pays attention to the trend line which is drawn as support, he can initiate a corrective process if the trend line breaks and pullback to it. To support me, I recommend that you install Trading View software on your phone and see my...

M_Gheysvandi

Hello friends Today, I have prepared an analysis with a high and short-term success rate for you. In Bitcoin currency, we have a 5-wave pattern with waves 1, 2, 3 and 4 completed. Bitcoin is definitely completing the 5th wave, so BUY Order is definitely recommended. Don't forget the stop loss at $69,000. The resistance target is $73,200. To support me, I recommend...

M_Gheysvandi

Hello friends In the NZDUSD currency pair, we see the formation of a 3- or 5-wave Elliott pattern. Considering that wave 3 or C is more than 1.618 times wave 1 or A and its sub-waves are not yet completed, we expect the price to grow to the range of 2.618 times wave 1 or A. This price increase has been done with a break and pullback to the resistance level of...

M_Gheysvandi

Hello friends In AMD share, we see the formation of a pattern in the form of 123 or ABC. But due to the breaking of the $162 range, which was a static resistance, and a pullback to it, the formation of an impulse pattern seems more likely. Therefore, assuming a 5-wave scenario, probably the 4th wave has ended and the 5th microwave has started from the...

M_Gheysvandi

Hello friends In Bitcoin digital currency, we see the formation of multiple waves in the shape of ABC (zigzag). This pattern only appears in triangles. Triangles appear in wave B of a zigzag or wave 4, but considering that before these zigzags we see a wave that consists of 5 parts, so the theory that this triangle of wave B is a zigzag seems very strong....

M_Gheysvandi

Hello friends In Ripple digital currency we see a clear triangle. Triangles are usually seen in wave B or 4. Therefore, taking into account these two theories, we make a trading plan. Triangles are always followed by a trend reversal (even a limited one). Therefore, to complete this triangle, we first need a price rise to the 0.5700 range to complete the triangle,...

M_Gheysvandi

Hello friends In the AUDCAD currency pair, we see the formation of a 3-wave pattern. In counting Elliott waves, these 3 waves are considered either a zigzag pattern or 3 out of 5 impulse waves. Therefore, there is a need for price correction in both cases. Microwaves of wave 3 or C are clearly formed, except for its 5th wave. Therefore, we are currently waiting...

M_Gheysvandi

Hello friends In the USDCHF currency pair, we see the formation of a 3-wave pattern. In counting Elliott waves, these 3 waves are considered either a zigzag pattern or 3 waves out of 5 impulse waves. Therefore, in both cases, there is a need to correct the price. Now, considering the formation of a terminal triangle pattern in wave 3 or C, we consider the...