GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), LLOYDS BANKING GROUP PLC ORD 10P, SBERBANK OF RUSSIA ADR (EACH REPR 4 ORD SHS), UK OIL & GAS PLC ORD 0.01P, GREATLAND GOLD PLC ORD 0.1P, OILEX LD ORD NPV
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
If it is, 64% it will break down
ABCDE correction in BTC?
Multiple possible scenarios based on the 2014 correction and current support levels.
I believe that Bitcoin has mad a double correction labelled as WXY and each individual as ABC.
I think the second C wave or Y wave will end in the highlighted zone.
From this point I expect upside. This will either be an X wave if the correction becomes more complex, or the begging wave of a bull run(1).
In the area of the top two horizontal lines is where ...
I see EURJPY to have made a five wave structure and made an A wave.
I see the B wave forming and the moving average coming close to touching price action.
I expect to see a downwards move to around the 61.8% level.
Any advice or feeback is appreciated.
I see an almost completed elliott wave count as the B begins to finish (if it doesn't become more complex).
I expect to see price fall once it reaches the highlighted area and will be watching for a break on the corrective trendline to confirm downside.
I expect prices to fall quite sharply if trendline is broken.
Any advice is appreciated.
Upside will be expected once there is a reaction from the grey highlighted zones.
Any advice or information is appreciated,
The NIFTY has been due a major correction. Something seems to be happening.
Chart tracker, minimized.
The bearish targets are not displayed in chart, too much bars in to the future :-)
DJI appears to be in a corrective period.
I have seen this as a zig-zag which has led on to either another zig-zag or what may not have finished triangle.
I have added the moving average for extra confluence and the market appears to have made a very short term flag (trend continuation pattern).
To me this is looking upside and could potentially be the start of ...
I see that GBPUSD has been in quite a strong uptrend for some time now and has began correcting.
I have labelled the correction as a zig-zag followed by a flat. It does have the potential to become a more complex correction,
however, it is looking upside regardless if it continues correcting or resumes the uptrend.
I have drawn out how I see the flat to have ...
Good Morning Traders!
We saw a sharp decline in 5 waves down to the 3 month low. From This point, I expect at least ABC correction in this market to 38% Fib lvl -0.51% . Nevertheless UK economy is in a SLEEP MODE and chances of another Intrest Rate hike by BOE in May is nearly 0.
From Daily chart, we can see that Price is hovering near 200 MA and uptrend ...
Long Term I do believe that GBP/AUD is a Buy. However, we could be heading for a deeper correction, hence the possibility of a sell trade.
Ethereum overdue a correction here after great bullish move. Expecting it to retrace to these confluxing areas of support and fib levels. Worth noting that this retracement may also play out more shallow as bullish sentiment begins to creep back into the market.
support zone and Return range to buy...
Amazing gains over the last few weeks - looking like 5th wave have been achieved and now correction looks due.
Try and pick this one up cheaper in a few days.
In this vlog I explore mainly the shape of the younger Bitcoin parabolic correction with the much older and seasoned Wall Street (US30).
The emphasis here is in the nature of the struggle to avoid correction and the similarities in form.
The parabolic struggle seen in Bitcoin on the daily time frame, could well be reflected in the US30 on a weekly time frame. ...
I see this pair to be creating the elliott wave structure upwards.
It appears to be making the fourth wave, and I have drawn the fourth wave down to the lowest possible point it could correct to.
If price action passes the fourth wave marker then this count is incorrect.
I also noticed that the Fibonacci retracement marks the 61.8% very close to where I drew the ...