The Chart analysis is a self explanatory manifesto to the dynamical market forces. A thorough description of the technicalities will merely entertain the curiosity of those who have a shallow understanding of Elliot Waves analytical strategy. However, everyone is going to deduce a subjective framework of understanding based on their preconceived analytical methods...
BTC has unfolded an expanding ''Ending Diagonal'' for the 5th of the 1st of the 3rd wave, from the previous lows the digital asset will form the final (5th) wave of the wedge following by a smooth reversal to at-least the end of 2nd of it's preceding wave. Wait for the end of the 5th for the wedge, then position your trades to downside for a quick reaping of...
BTC has completed the 1st wave of the 3rd in a larger degree, concluding it with a wedge (Ending diagonal), consequently making a smooth reversal as Wave A the first leg downward followed by B to the upside of the same degree correction wave, and the final wave (C) of the same degree correction is about to be unfurled. Enjoy Trading, make sure to adhere to all...
BTCUSD Third wave development analysis, the 93000-100500 zone is the (4.618) Fibonacci multiple i.e., a complete extension cycle, however, probabilities of lower scale multiples (2.618/3.618) must be put into consideration which subsequently give a wholistic expansion cycles with the 5th wave. Meaning: If the multiple is (4.618) then the 5th will be equivalent to...
Reap the fruits of the fast paced 5th wave dropdown, be careful trading this specific final wave downward cause it has an abrupt subsequential retracement. Finishing zone would be 1800-1790 Fibonacci (-0.618 %) of the preceding growth of the the same degree cycle. Enjoy Trading, Good Luck!
The interaction of the market forces has seemingly formed an extended wave-C (Flat) which is a 1.618 multiple of the first corrective wave A the preceding pull back back and the correction wave 4 of the 3rd in a larger degree. Upon completion of the 4th wave correction at a Fibonnaci level (0.236) the following 5th wave will continue to slope downward completing...
I hope you all benefited significantly from my previous analysis which the market followed the EXACT mapping I published for the public's advantage for your reference check my last published analysis for XAUUSD. XAUUSD completed it's 3rd of the 3rd with a colossal downslope of 4th multiple of Fibonacci (4.618) which is the nature the 3rd wave in the scope and...
Semi short-term and long-term projection. Please be advised that the market may unfold slightly scenarios but the underlying fundamentals remains unchanged, therefore trade at your own discretion with your specific trading execution strategies leading your decisions. Good Luck you all!
XAUUSD Pulled a surprising 4th wave triangle, fishing up wave E of the Triangle and will complete 5th of the 3rd wave from a preceding larger degree. Trade at your own discretion, combined with risk management/account size and your specific execution strategy, do not merely rely upon the information.
XAUUSD Finishing C waves of the 3rd on a larger cycle, upon completion will drop to 1910 marking the end of wave 5 of the preceding degree. Take trading positions in accordance to your degree of risk managing/psychology/ and applied money management strategies. Good Luck!
I have already posted this analysis 3 months ago right when Tsla was unfolding it's upward final 5th wave as in ''First Degree'', You can witness the mockery by some emotional, enthusiastic, fanatics of the underlying asset. Wave analysis is beyond the mere emotional attachment to certain assets of value; and provides an almost exact market points in any...
In the long zoom S&P500 is on downturn bearish, after remaining bullish for a couple of decades; the bearish continuum is a cyclic correction as per the Elliot theory pertains it which will unfold in 3 steps; will be a dive into the 3600 zone following with a slow paced unfoldment of upward, a phony bullish trap to most into the range of 4500 with the pursuing...
Currently Tsla is weaving it's downward (Bearish) waves at 1064, 2nd wave of it's 3rd of A larger cycle correction; the downturn flow is a continuum of a prospect of corrections as of (A,B,C) denoted as ''Minor'' correction to a completed first wave cycle as the 1st wave at 190, wave 3 at 818, 4th wave at the 547 range and fifth wave ended in the 1100 range,...
This is an empirical elliot waves analysis, trade at your own discretion by following your risk-reward ratio and money management strategy. Feel free to share your insights.