USDRUB looks absolutely similar to indexes (RTS, SNP500). The only difference is that the pair will not go for new significant lows beyond 72 The same picture is happening with 6R1! (Russian Rubble Fu). If needed I will publish the subject chart.
One more wave down to 3800 before continuation of uptrend. The up target is 4150 which I expect to reach by May 21 In the summer time (starting from May-June 2021) or even earlier the market will perform the major correction which will last fo 3-5 months till Oct-Nov 2021. This correction is clearly in evidance on all indexes
Wave (b) is ongoing till 40-41K from where the price will plummet very fast
Another 40% crash is about to happen soon. This will be the last phase of big-big consolidation from 2000 (grey zone)
Target 310$ from "Buy Zone" upon completion of bearish correction - at least 65% growth Bearish correction is ongoing Scenario 1 - red Scenario 2 - blue
seems wave (b) is completed. Awaiting last wave (c) before resuming the major uptrend
Wave (B) is almost done and retraced 61,8% of (A) and also broke up the resistance line. Many will think that the brake up of the resistance line is the resumption of the uptrend but it is the edge of wave (B) which is always tricky. Same scenario happened with Gold on 4-6 January 2021 (please check it) SNP500 is in bearish correction right now and Bitcoin can...
There were two COC (change of characters) which broke the count and ended as (A)-(B)-(C) and abc. This means that the uptrend is over and the bearish correction is about to start
Bulls failed to resume the uptrend what activated the correction on the major (weekly) timeframe ABC, therefore no more wave (iv) anymore The sense of this fact is that investors are quite concerned about the existing bubble on the market and start fixing their positions and liquidating risky assets/equities.
Wave (II) is ongoing and will not retrace below averge price 36$ (which is EMA200 at the same time)
At least 15% bearish correction started
I believe EURUSD has some margin to go upwards. In this regard wave (b) of (abc) has started and is presumed to retrace up till 0,618% level. The white lines from (iv) edge is the WOLF WAVE. Will see how it will work out
The real estate sector is in trouble! The sector is presumed to climb up another 20% (more or less) before plummeting under the “unloading zone”
Wave (IV) has not completed, be patient! Awaiting last 5-wave impulse or ending diagonal in the wave (c) and only thereafter long
Awaiting at least 10-13% correction to complete 3-3-3(5?)