Hello friends In Alibaba stock, we observed a 5 micro wave after a complete correction which was contrary to the descending rune We call these 5 small waves wave 1 or A. After these 5 micro-waves, we see a 5-wave with overlapping waves that is similar to a triangle. Triangles are seen in wave 4 or B. Therefore, in both scenarios, the share price should reach the...
Hello friends In the NZDUSD currency pair, we see a 5-wave pattern consisting of waves 1, 2, 3, and 4. We are currently at the end of wave 5 and there is a resistance at 0.6160 and 0.6175 which can be considered as the end of this wave. Therefore, with the break of the drawn trend line and pullback to it, you can enter the Sell transaction. Crossing the determined...
Hello friends In the NZDJPY currency pair we see the formation of a triangle. Triangles always appear in wave 4 or B in a zigzag. Considering that the previous wave of this triangle is a complete 5-wave, then we are facing a zigzag. Usually, in triangles, a wave can be a triangle or a zigzag. But weakness in wave E is always accompanied by overlapping and absence...
Hello friends In the AUDJPY currency pair, we see a 5-wave impulse movement and a triangle. According to the formed triangle, there is a 90% probability that we are close to its end. Because sometimes another triangle may be formed in wave E. Therefore, according to the formation of a model, we clearly expect to enter the sell trade after the breaking of the...
Hello friends In Alibaba shares, we see a 5-wave movement. This movement is a wave C of a correction. This movement can be traded in case of breaking the downward trend line that has formed a channel and a pullback to it. This breakdown and pullback can be the beginning of a correction or a 5-wave. Be successful and profitable.
Hello friends In the share of Tesla, we see a 5-wave pattern whose waves 1, 2, 3, and 4 have been completed in weekly time. Currently, wave 1 and 2 of its main wave 5 have been completed. A very important static support is seen at the price of $210. If the range of $210 is broken, our theory will be invalidated. But this pattern is beautifully visible and I was...
Hello friends In the GBPCAD currency pair, we see a 5-wave pattern. In this pattern, the main waves 1, 2, 3 and 4 have been completed. From the 5th main wave, the 1st, 2nd, 3rd and 4th microwaves have been completed. Therefore, we expect the price growth in the majority of microwave 5(5). This rise will continue until the resistance of 1.7230. If the price crosses...
Hello friends In the currency pair CHFJPY we see a very clear 5-wave pattern. In wave 5 we see a terminal triangle pattern. This pattern is always seen in wave 5 and wave C of the zigzag pattern. This template is currently being completed. We expect the breaking of the upward trend line and pullback to it and the start of a downward trend, which usually corrects a...
Hello friends In the GBPCAD currency pair, we see a 5-wave pattern. Waves 1, 2, 3 and 4 of the main cycle have been completed. Microwaves 1, 2, 3, and 4 of the 5th main wave have also been completed. Now we expect the price to grow up to the range of 1.7200, but since micro wave 3 is about 2.618 times micro wave 1, we have the possibility of shorting wave 5. We...
Hello friends In the NZDJPY currency pair, we see a 5 wave downtrend. Then we see a rise in the majority of a correction. 5 corrective waves are usually wave A of a zigzag. We observed and counted a 5 wave in the dominant wave A. Wave B has corrected 61.8% of Wave A. Therefore, we are waiting for another wave in the majority of wave C. If you look at the time...
Hello friends In the GBPAUD currency pair, we see an upward rally. In this uptrend, all waves have been completed except wave 5 of 5. Therefore, we expect to complete it. We are currently at the beginning of this small trend and we expect a small correction to 1.9025 where this number intersects with a small support. Then we have the rise to 1.9200, which is the...
Hello friends In the EUR USD currency pair, we see the formation of a clear 5-wave pattern. Waves 1, 2, 3, 4, and 5 are clearly formed. We see a divergence between microwaves 3 and 5 of the main wave 5. Usually, the presence of divergence is one of the indicators of wave 5. We expected a correction, which has been realized, and this correction is usually in the...
Hello friends In the GBPUSD currency pair, we see the formation of a clear 5-wave pattern. Waves 1, 2, 3, and 4 are clearly formed. Wave 5 is probably completed and divergence can be seen in wave 5. Usually, the presence of divergence is one of the indicators of wave 5. I could not count wave 5 completely, but I am sure that we are at the end of wave 5. This issue...
Hello friends In the GBPJPY currency pair, we see a complete 5-wave pattern Considering that the 5th wave meets an important resistance, we expected the price to return, which has been realized Now 5 downward micro-waves have formed In corrective waves, only zigzag has 5-3-5 structure Therefore, we expect an abc upwards and close to the resistance, then we have...
Hello friends In the AUDUSD currency pair, we see an upward rally that has completed 5 complete waves Now we expect the formation of wave A If the price breaks the upward trend line and makes a pullback, we expect the price to drop to the 0.6670 range. If this level breaks, a drop to the 0.6525 range is not far off. If the resistance level of 0.9900 is broken, our...
Hello friends In the AUDCAD currency pair, we see an upward rally that has completed 5 complete waves Now a corrective wave should be formed, which consists of wave A and B. Now we expect the formation of wave C If the price breaks the upward trend line and makes a pullback, we expect the price to drop to the range of 0.8893. If this level breaks, a drop to the...
Hello friends In Tesla shares, if we refer to the previous analysis, we predicted a correction and then the start of wave 3 out of 5, and the market moved in the same direction. Currently, wave 2 of 5 has been completed, which is what we expected. According to the chart, wave 1 of 3 of 5 can be seen. And we also see the second wave of this movement. Therefore, we...
Hello friends In the AUDNZD currency pair we see a triangle in the larger cycle which is quite clear on the daily time frame. Currently, the price is in wave E of this triangle Triangles are always formed in the form of zigzag and ABC Waves A and B are formed from this triangle, and wave C is not formed. If our theory is correct, a 1 Hz wave should be formed Wave...