Analyst: Shane Hua (CEWA - Master Candidate), Since the low of 81.43 I started to see the Bull market move higher, and there was no doubt that this was an Impulse wave. I would like to see Amazon continue to rise even higher. Here is my forecast: Bottom line: Amazon will continue to move higher with the 5th wave. The big context shows that the Bull market is a...
Gold: Jan 29, 2024 || Analyst: Shane (CEWA-Master Candidate), Bottom line: Gold may rally with wave 2 (Circled, red). The big context indicates Gold is heading towards a Bear market, but the short-term outlook suggests a Bull market with wave 2 (Circled, red). What makes me contemplate a short-term Bull market is Gold consistently holding above the level of...
By: Shane (CEWA-M Candidate) Bingo! Gold has dropped a bit. 🎯 Bottom line: Gold continues to decline with wave iii. The general context is to drop even lower with wave iii. The short-term outlook has a downside: wave i has started to move quite far, increasing the possibility that wave i is about to end and wave ii will soon increase in price. up before returning...
Bottom line: Bitcoin has the potential to go higher. The big context shows that wave v(Circle) is developing. The target is the upper edge of the Channel and 53,101. The outlook for Bitcoin is to move higher, while the price must remain above 44,300.
Shane Hua (CEWA II, III in progress), Bottom line: Gold will decrease in price with wave iii. The large context shows the dominance coming from Bear market. The bearish outlook should be maintained while prices maintain lower than 2063.98, a lower high of 2046.58 could act as a Protect level with larger profits, but higher risk. Falling lower out of the Channel...
Elliott Wave Analyst: Shane Hua (CEWA - Level II, III in progress), Bottom line: Silver will drop in price lower. The general outlook for Silver is bearish with the 5th wave, while prices remain below 23.51, the evidence that convinces me to count this wave is that prices are already significantly below the high of 23.51, showing enough strength in the Bear...
GOLD: Dec 22, 2023 || Analysis by: Shane Hua (CEWA-Level1) Bottom line: Gold will continue to rise in price higher. The bullish outlook for Gold is bullish with wave iii of (iii) of iii(Circle). While Gold must maintain the 2047.180 side, falling lower shows that wave iv is forming and will return to the upside with wave v shortly after.
Bottom line: GOLD may have bottomed, and is about to increase in price with wave iii. The price action including the low labeled ii is sharp, strong and fast. The bullish outlook with wave iii will remain solid while prices continue to appreciate rapidly and sharply. The slow price increase in the near term increases the possibility that wave ii is correcting...
GOLD: Dec 5, 2023 || Elliott wave analyst: Shane Hua EN: Bottom line: GOLD will continue to drop prices lower. The general outlook for GOLD is bearish with wave ii with a target of around 78.6%. While price must sustain below 2058. A move higher suggests wave b of wave ii may have taken place
Bottom line: GOLD will continue to increase in price with wave 3. Bullish price target for overall outlook at large wave level with wave 3 (circle) still moving higher. In the short term, GOLD may continue to move higher. While the price still maintains above the 2027.254 milestone. A bearish break above this milestone shows that corrective wave iv is underway,...
Bottom line: Bitcoin price could drop lower. The short-term outlook is that Bitcoin could continue lower around the 36231 area. While the price should remain below 37748. The bull market may return, but now is not the time. At least the price must rise above the high of 37748 to reinforce the bull market view.
Bottom line: GOLD will continue to increase with the 3rd wave. The general outlook is for prices to go much higher. Upside target is around the 2055 area. In the short term, the bullish view will hold while the price must maintain above 2006. When the 2005 mark is broken downward, it shows that the 1st wave of a smaller level is completing, and the 2 discounts...
After the end of the discount according to the Three wave pattern. Looks like the orange b-wave has reached its target. The next price increase is Subdivided into 5 following the orange c- wave. In an alternative lower probability scenario, the price increase since 105.451 follows a Three pattern. From there it becomes a Flat/Triangle pattern.
Bottom line: Gold should continue lower in a second wave. GOLD remains bearish inside wave (c). The ideal target is a test of 1934 or lower before a bottom forms
#USOIL #ShaneElliottWave #Shaneliot USOIL || Elliott Main wave count || 29 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: USOIL Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Third Wave (Light pink- Minute degree) ---
#AUDUSD #ShaneElliottWave #Shaneliot AUDUSD || Elliott Main wave count || 29 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: AUDUSD Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Second Wave (Green- Minuette degree) ---
#CHFJPY #ShaneElliottWave #Shaneliot CHFJPY || Elliott Main wave count || 26 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: CHFJPY Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Third Wave (Green- Minuette degree) ---
#VNINDEX #ShaneElliottWave #Shaneliot VNINDEX || Elliott Main wave count || 26 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: VNINDEX Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Third Wave (Green- Minuette degree) ---