Thus far, Primary wave C is difficult to determine where the internal waves are located. We have either seen the end of Intermediate waves 1 and/or 3 or something else. The projection is for Primary wave C to last 37-46 days while it drops 863.93-1117.41 points. If this range is valid, where should each intermediate wave end? This analysis will determine potential...
CSCO:We can clearly see 5 waves up so now we have to see definitely a correction ABC! We know for sure that we are in a bear market from now on the question is how long that will last we may even retrace all 5 waves at some point of the trend depends how the market moves.I'm Trying to create an youtube channel! I`m working only with Elliott Wave so if you want you...
Minute wave 4 should be over, but confirmation is still forthcoming. The blue circle in the middle of the chart will be the key determining factor. Minute wave 4 has thus far been in a tight trend channel. Minute wave 5 would be active if the line of resistance (red line) is broken through.
Once this occurs, the top could be between 2928.92 - 2963.80. Based on...
This is an update of my BTCUSD Idea which I posted 14 of March 2018. I expected to see a bit sharper down movement similar to what happened with ETHUSD but the market always has its own reasons. In any case, I would keep this updated scenario as the main one with an expectation to see a new low.
P.S.
Please do not be confused. This is not pure Elliott Wave...
Hello Traders,
In this short-term analysis, we will have a look at the FTSE100.
FTSE cycle from 3/28 low is proposed to be completed at 7904 high in black wave ((1)), below from there the index is correcting that cycle & expected to find buyers in 7-11 swings provided the pivot at 6867 low in our proprietary distribution system stays intact.
Short-term it has...
The 4hr tf chart of OmiseGO (OMGUSD) from ~$7.77 on April 1, 2018 till present is identified in this analysis as 3 wave move (corrective)Elliott wave structure that should end up as a zigzag once minute wave ((c)) is complete. Termination of minute wave ((c)) based on this analysis would also result in the termination of a Minor wave degree.
The implication of...
As long as BTC goes sideways for a few weeks or slowly crawls to lower lows, EOS may possibly have found a bottom. The waves are very clear. However, I showed and alternate in yellow that may tell the story if BTC decides to move further down.
With it's most recent announcement, I don't see any reason why it can't hit these levels now that devs got the green...
This update contains some minor changes in markup. The initial Idea stays the same. I expect to see new low (but no lower than 9.90) which is needed for wave (((B))) to be completed. If the market crosses up the "critical point" then this scenario will be compromised.
P.S.
Please do not be confused. This is not pure Elliott Wave Analysis. This analysis is based...
