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BTCUSD Elliott Wave Technical Analysis Mode: Corrective Structure: gray Wave 'c' Position: red wave (w) Direction Next higher degrees: red wave (x) Details: gray wave 'b' completed at 71391.72 and gray wave 'c' is in play Target : this is not a trade it just an analysis for my personal review. Wave Cancel invalid level: Daily closing above 70k. Disclaimer: This...

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Update on DXY's Movement: The DXY has hit our projected targets in DXY Rebound Alert: Prepare for the 104-105 Swing and completed its last wave in a WXY pattern, with a truncated Y wave. Following this, we've observed a downward trend, with the DXY breaking through the main price channel. We anticipate a decline from the current area to the Fibonacci levels...

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Analysis Overview: As we navigate through the intricacies of XAUUSD's price action, a new bullish scenario emerges, challenging the conventional expectations set by recent trends. This analysis delves into the possibility that the blue Wave B/X concluded with a truncated Wave Y around 2065, leading to the formation of the final leg of the blue Wave C/Y, bottoming...

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Analysis Overview: In recent weeks, XAUUSD has been caught in a sideways consolidation, leaving traders pondering its next major move. However, a recent uptick in price action hints at a significant development. The question now is whether this surge represents the final leg of our Wave B or if the momentum will carry the price further up, potentially breaking...

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can someone check my Analysis and give me some note if it is correct or I have done some mistakes. thanks

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There's been a lot of speculation about Bitcoin potentially dropping below 15k again, especially after the events of the last two weeks. As a response, I've conducted an analysis of the larger time frames (1Y, 6M, 3M, 1M) to confirm my perspective detailed in "BTC after $40K: Uptrend or WXY Pattern?" After this analysis, I'm more convinced than ever that we'll...

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We find ourselves currently in Wave B, having completed Wave A. According to the perfect zigzag correction, Wave B should conclude between the 0.5 and 0.618 Fibonacci levels. However, larger time frames suggest a possible extension of Wave B, potentially reaching the 0.786 level or even higher. For a detailed understanding of these projections, refer to my...

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As we delve deeper into our understanding of Bitcoin's trajectory, it's essential to examine the 1-week frame to reinforce the perspectives shared in my previous analyses, 'BTC: No Bearish Trend Before Reaching 42K' and 'BTC: Deciphering the Wave B Scenario'. In the attached chart, you'll notice a support channel that I've drawn from the initial price to the end...

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1D Frame Analysis Update: Following the detailed insights from our " DXY 1D: A Close Look at the Ongoing Correction Wave " the index has hit the anticipated marks quicker and more profoundly, indicating a stronger than expected momentum. Immediate Outlook: We are now eyeing a significant rebound towards the 104-105 area to complete the ongoing correction's...

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From my perspective, BTC is currently in a fourth wave, which I believe will be a complex correction following the simple ABC wave in wave 2. This fourth wave is expected to move sideways between 26k and 30k until sometime in the second half of May. I anticipate the start of a fifth wave after the sideways correction, with a target price of 35k. Following the...

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Analysis of Bitcoin on the Weekly Timeframe Overview: BTC is expected to reach $40K after completing the 5 impulse wave After reaching $40K, BTC is expected to experience a correction wave down to 25K The future price action of BTC is uncertain, as it may either continue as an uptrend or fall below 25K to follow the WXY pattern Note: These...

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Overview: The chart is expecting that we are still in the Double Three Combo WXY Wave from the monthly analyses The current movement is expected to extend the double three combo to make it a triple three combo wave WXYXZ. Expectations: If the price falls to around 1.046, then we will have two scenarios: If the price rebounds from this point, then we...

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Overview: This chart is showing signs of a potential large bullish wave we analyze now the Wave Three 'III' ( the green one) from the big 5 impulse wave. Expectations: Wave 1 has already been completed, and we are currently in Wave 2 When the price goes down below the entry point, a deeper Wave 2 is expected to occur and end around 1.073 If the price...

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Overview: This chart is showing signs of a potential large bullish wave we analyze now the Wave Three 'III' ( the green one) from the big 5 impulse wave. Expectations: Wave 1 is not yet finished Once the price rises above the entry point, Wave 1 is expected to continue rising and end around 1.12298 After Wave 1 is complete, Wave 2 will start and is...

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DXY will visit the area 93-89. S1: if it break 89 then we have ABC Wave S2: if it rebound and return inside the channel so maybe we have a big uptrend wave , then we will be in wave 3

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Introduction: In this revised analysis of the DXY, we explore a multi-layered Elliott Wave structure comprising three main waves – blue, orange, and red – and examine their interactions within different corrective channels. This analysis also considers historical economic events and current global shifts to project potential future movements of the DXY. Wave...

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In the chart analysis, I am examining the recent uptrend movement in the 1D timeframe. We can observe a clear pattern of 5 impulse waves, with the fifth wave forming an Ending Diagonal. This indicates an upcoming change in the trend direction. The price has broken below the lower trendline of the Ending Diagonal, reaching the target of the origin point of...

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Introduction: In our continued examination of XAUUSD's 1Y frame, we delve into the nuances of sub-impulse waves within the significant wave 5. Mirroring our approach for the overarching impulse wave analysis, we've established two critical channels: Support Channel: Links the start of wave 1 and the end of wave 2, with a parallel line from the end of wave 1....