hey guys , i am counting GBPJPY today and i see it has another leg downwards to complete a bearish cycle sequence. There is decent divergence already on this last push which i believe to form a wedge soon (cant really tell) The rest is up on the chart , cheers!
Hey guys , i was checking usd index for the latest move and this move up doesnt really seem complete to me , despite the bearish sentiment i see on tradingview around it i believe it has a little bit more room left on the upside. Please note the break of yearly resistance from the which this move down would be seen as retest as support then uptrend...
Hi guys , i had to review my wave count after this strong bull run we had , it has impulsive look and it didnt break the low yet showing divergences. I believe thats the first leg of bull market , invalidation level is the red line , any ticker below the last low around 5.800 zone would invalidate this count. Possible however remains the triangle X (green)...
Hey guys , i was counting this move downwards as fifth but it just looks too small , im bearish today for FOMC event on EURUSD , lets see how it plays out! Cheers!
hey guys , i was reviewing my count on gold lately since the failed triangle idea i posted earlier , i was expecting a bullish impulse C wave but it didnt look right. After some time i found out what's going on , we got a consolidation Wave B in triangle Formation on Intermediate Degree , with one swing left inside. I expect a bullish move to complete the last...
Hey guys , i see a possible short opportunity short-term on EURUSD. I will be looking to long it if this support holds , otherwise will keep my short for any bearish trend.
Here's a possible EW count, combined with Fib Extension, for BTC.
I believe with a little more rest of the indicators ,we have one last push up for a green wave 5 to 9300 or 9400.This would be a 1:1 for green wave 5 with Green wave 1 since Green wave 3 is an extended wave. I would appreciate any constructive criticism. Still very green around the ears as an Elliot Wavetician.
Hi guys , i was counting this pair and i noticed a nice bearish impulse coming up for AUDJPY. Entry - Market excution as described with "Short Entry tool" Conservative - Breakdown of B wave (Blue Horizontal Ray) with SL above the C wave. For Elliott Wave professional analyses , signals or lessons i would recommend checking out the guys that are teaching me:...
My EW count seems to differ of opinion and that the cycle is not completed. Wave 3 must extend to at least 1.618 which only the last low had done. In addition we need divergence between wave 3 and 5. There is none, there will only be once the new low had been completed. What is happening here right now is that we are going to make a flag for the final push down or...
based on Elliott Wave analysis of a drop from 20K I can see 4 possible scenarios: all long term trend targets are not accurate - they are just for the illustration purposes. blue lines are major resistance levels that need to be broken up for the up trend to succeed in the long term. 1. WXYXZ complex correction (blue, high probability) short term = long mid term...
For full commentary and details of smaller timeframe counts, please refer to my blog post at the link below. cryptowaves.com
Still forming point 16 at the daily scale. If you stopped out at a higher price you might consider re-entering when the 4H move completes (see analysis in chart). If you stayed in you shouldn't have to suffer through too much more downward movement before the larger trend resumes. This current move down is a counter move within our trend, not the larger...
Here's the final count for the first 3 waves from the circa 3000 low. Might see a 4 or 5 days of loosing ground before the trend picks back up...
Looking for one more new high above 4470 then a pullback, possibly to the trendline or the 3760 area. This would make the current movement from the 2975 low, a 12 point count spread out over 3 waves. 12 is a valid endpoint according to M4, the counting method I'm using (not using EWP here)... After this pullback, which may be roughly the size of the Sept. 19 move,...
After WXY correction expecting C wave down, after today's news event entry at 50-61.8(blue line) w stop above(orange line). Target 61.8-100 ext from A wave. Safer entry is on break of channel and correction.
Recently listed tokens can make good trading candidates. Everything you need to know is printing on the daily charts. A low was formed and two previous days were counted backwards to enable green line to be drawn to the right hand side. This is count back line analysis being used to identify a buy signal. A buy signal is a close of the daily candle above the...