In 🇺🇸 #USDCAD 🇨🇦 we probably have a triangle in corrective wave 4. This is the wave prior the final wave for completing an elliott wave impulse. 📆 Let's have a clear plan and trade accordingly.
In the ever-evolving landscape of forex markets, the EUR/USD currency pair has recently displayed an interesting pattern. As an experienced Elliott Wave analyst, I have been closely monitoring the price movements and have identified a promising long count unfolding in the pair. This bullish setup, characterized by a series of well-defined impulse and corrective...
Clear waves. Let's see whether another wave 5 will come or it's already finished. Depends on wave 4 characteristics
61.8% seems a good entry point for long after correction finished
complex correction WXY seems completed, so looking for higher prices
Gold should correct to around 1600
Support at around 9k, going then up
ETH is nicely progressing to complete the 5th wave
Invalidation at Level C
GOLD has to make his last leg up before it crashes heavily. In correlation with the stock market, stock market will go up then probably
BTC completed wave D, now completing wave E, probably a ZigZag
Maintrend is still up. 2 possibilities here, showed in the two colors (black, red). Either retracement down to around 50% and then making new high (black), or completing now triangle and going up then (red) Black version very possible, since we have 5 waves for a.