ShaneHua

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that the iv-purple wave may have concluded, and the v-purple wave may be ready to push higher. In the short term, the outlook indicates that the iv-purple wave unfolded as a Flat correction and has ended. The v-purple wave may now be unfolding to push higher. In the short...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that the 4-red wave has concluded, and the 5-red wave may be poised to resume and push higher. In the short term, the outlook indicates that the (i)-purple wave has recently completed, and the (ii)-purple wave unfolded as an Expanded Flat correction, which has just ended....

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context indicates that the 1-red wave has recently concluded, and the 2-red wave is now unfolding to decrease further. In the short term, the outlook suggests that the (a)-purple wave has completed, and the (b)-purple wave is currently unfolding to push slightly lower. Following that,...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The broader context suggests that gold has likely completed the iv-blue wave, and the v-blue wave is now unfolding to continue pushing higher. The short-term outlook describes in detail the iv-blue wave, which unfolded in the form of a Flat correction and appears to have concluded. Now is the time for...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfolding to push prices higher. We are closely monitoring NAB, and...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfolding to push prices higher. Breaking above the 26.5 level would be...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. (1D) The broader context may suggest that Bitcoin has completed the 4-red wave, and the 5-red wave may be poised to resume its upward trajectory. (4H) The short-term outlook suggests that the (i)-purple wave is currently unfolding to move higher. The decline below the $64,214 level indicates that the...

ShaneHua

© Master of Elliott wave Analysis: Hua (Shane) Cuong, CEWA-M. (1D Chart): Details: Short-term outlook shows that wave ((y))-green is ongoing as a Zigzag and wave (a)-purple has ended. Therefore, the (b)-purple wave is expected to have ended, and may be ready to push even higher. Pushing higher than 16.5 will be the first step to renew this outlook. Invalidation...

ShaneHua

© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. (1D) Long-term context suggests that the ((iv))-green wave is currently unfolding to push lower, targeting 2265. After reaching the bottom, the ((v))-green wave is expected to follow, ready to push higher. (4H) Short-term outlook has seen a significant decline since the recent high. Gold is now poised...

ShaneHua

ASX: TRANSURBAN GROUP - TCL: 22 APR 2024 | Semilog Scale 1D Chart © Master of Elliott Wave Analysis: Shane Hua, CEWA-M. Details: The short-term outlook indicates that wave 2-red is unfolding, subdividing into waves ((a)) and ((b))-green, which have completed. Now, wave ((c))-green is unfolding, and it appears it will soon conclude, preparing for the resumption of...

ShaneHua

ASX: MINERAL RESOURCES LIMITED - MIN: 18 APR, 2024 | 1D Semilog Scale Chart © Master of Elliott Wave Analysis: Shane Hua, CEWA-M. Details: The shorter-term outlook indicates that both wave (1)-blue and wave (2)-blue have concluded, with wave (3)-blue initiated since the low at 52.52. The anticipated direction is upwards, initially targeting 75.23, and a break...

ShaneHua

© Master of Elliott Wave Analysis: Shane Hua (CEWA-M). (1D Chart): Details: The short-term outlook describes that the 1-red wave has peaked, and the following 2-red wave is likely to unfold as a Combination pattern to continue pushing lower. A rise above 124.54 would indicate that the 2-red wave has ended earlier than expected, and the 3-red wave is returning to...

ShaneHua

© Master of Elliott Wave Analysis: Shane Hua (CEWA-M). The broader context indicates that the 4-red wave is unfolding to push lower. It subdivides into the ((a))-green wave, and the ((b))-green wave is completing its role before the ((c))-green wave returns to push lower. In the short term, the outlook provides more detailed insights. The ((b))-green wave...

ShaneHua Updated 

© Master of Elliott Wave Analysis: Shane Hua (CEWA-M) The outlook analysis suggests that Gold may continue to push higher, but there's a limitation on the upside potential due to the fifth wave. The target could be aimed at $2295 - $2327, and as long as the price stays above $2240, it's a positive sign for this bullish view. Any contrary forecasts against my...

ShaneHua Updated 

Master of Elliott Wave Analysis: Shane Hua (CEWA-M) This outlook analysis indicates a continuation of upward momentum in Crude Oil futures. However, there is a limitation on the upside potential due to the fifth wave. Nonetheless, the overall trend remains bullish, so as long as the price stays above $82.29, this trend is strongly supported, targeting $84.31 -...

ShaneHua Updated 

© Master of Elliott Wave Analysis: Shane Hua (CEWA-M) This outlook analysis suggests a further upward push in Silver futures with wave 3-red. However, it's still early to conclude this, so there's an alternative wave count (ALT Wave count) to consider. Nevertheless, approaching the target of $25.97 seems feasible, while maintaining a price above $24.82 is a...

ShaneHua

Master of Elliott Wave Analysis: March 28, 2024 Hi mate, it seems like Bitcoin has reacted positively around the support level of $68,507. The immediate bounce off that support level is a positive sign, but I'm pondering about the current wave count. It appears that the short-term target based on my wave count will need a slight adjustment, and I'll be looking...

ShaneHua

Master of Elliott Wave Analysis: Shane Hua (CEWA-M), The short-term outlook suggests that wave (ii)-purple is currently unfolding to continue pushing lower, targeting around $2129. However, the current correction pattern seems unpredictable, but we will monitor the price decline at the resistance level of $2208.