MSFT has accomplished the corrective wave (b) and started falling for wave (c) of wave (4). Traders can expect the following targets: 289 - 272 - 265 for wave (c). Here, 273 is the Fibonacci level of 50% of the wave. This level will act as a crucial level. An uptrend is only possible after the breakout of the parallel channel . As per the wave principle,...
Today I want to present my main scenario. As long as 37400 holds I give this scenario the highest probabillity. I have identified an expanded triangle in the WB of the triagnle. Foundation for this scenario is WB which made HH and WC which has corrective nature and was unable to make LL thus it made HL. Now we are moving up in WD which is a complex correction with...
Let’s discuss the price chart of the EURNZD currency pair based on the 120 minute timeframe. From the Elliott Wave perspective, the price action is moving in a corrective channel within Wave (iv). It is approaching a critical Fibonacci retracement level of .618 which should act as resistance. From the Hurst Cycles perspective, the composite model line which...
Bitcoin prices were moving upward at the beginning of 2021. But, its investors have seen heavy downfall into May to June. Afterward, it has hiked from 28600 to above 51356 . According to Elliott's wave theory, it's running under the 4th wave. We may see a sideways trend here. Bitcoin is preparing for a solid uptrend ahead. It's a right to jump on Bitcoin for...
Price has completed the C leg of corrective wave Primary ((4)), and the price will march for impulsive wave ((5)). Wave Formations: Wave ((1)) - Leading diagonal - Formed on extreme low - Termination sub-wave 5 is smaller than 3 Wave ((2)) - Zigzag - 50% of wave ((1)) - Ended near the sub-wave 4 of an impulsive wave. Wave ((3)) - Impulse (Five wave...
It appears VISA has one more drop left for 5th wave to complete an expanding ending diagonal, after which It will be setting up f or a bull run. This is just for education purpose only, not an investment advise.
AUD / USD , Looks like we will be having some major crash by next week !! right now we have completed the abc wave and impluse wave is ruuning in this pair , let's see what happens
Holding on support, wave 4 perfectly touched and hold on the 0.382. I believe we are in a flat correction. Break above 60k will hype up the bulls and we could continue with the bull rally. Moving below 0.786 (56k) could take us down to 53/50k level.
●● Preferred count ● NATURALGAS ( Currency.com ) 🕐TF:1W Globally, the price of natural gas is driven by the third wave of the Grand Supercycle , within which the final wave (V) is developing. Wave (IV) that preceded it took the shape of a w-x-y double zigzag , although one should not exclude further complication before a sideways correction. ●...
Hello and a warm welcome to this analysis on Nifty In lower time frame Nifty appears to be in sub wave 4 which might complete between 18200-18300 and then resume another rally. A confirmation of sub wave 4 done would be it sustaining above 18500 for an hour. Its advisable to use the up coming resistance around the upper trend line to book profits in the coming...
Tomorrow (10/09/2021) we could experience the confirmation of the initial phase of wave 3, since today the price could not penetrate the zone of the lows that RHE left on September 7. This is a possible signal to enter in the purchase of the fractal major: it began with the low of August 17, in September 31 completed its first wave. The key is that in the morning...
Tomorrow (10/09/2021) we could experience the confirmation of the initial phase of wave 3, since today the price could not penetrate the zone of the lows that PETV left yesterday. This is a possible signal to enter in the purchase of the fractal major: it began with the low of August 25, in September 1 completed its first wave. The key is in this morning...
AUDNZD BEST OPPORTUNITY TO BUY FOR LONG TERM
●● 𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙀𝙒𝘼 ● ADAUSDT (BINANCE): 🕐1D The rocketing five-wave advance forms a nearly perfect impulse , in which the fifth wave is expected to rise. Extension by the third wave, alternating waves 2-4 , touching by the top of wave 4 to channels 1-2-3 — all this is a harbinger of growth by wave 5 , which on its way, most likely, will go...
Elliott Wave : Complex correction for wave b / wxy / Wave X in process Liquidity position short trader 14 Jun with this wick :) Wave C must take this long liquidity under 28 k $ Wyckoff : Distribution LPSY
I just analyzed the run up from bitcoin in Elliott Wave theory and it was quite difficult to define the last correction, as it is somewhat vertical. But continuing the Elliott cycle, there is theoretically, also due to the subdivisions seen in lower capitals, only 2 types of correction possible: ABCDE or a complex WXYXZ. If we would stay in the 'not so nice'...
1/ This new idea is based on the previous idea below, rsi possible extended 1st wave like our spx. Nothing guaranteed here just an amazing similarities (chart # 1). 2/ The previous idea is coming handy for "Gaps behavior " and how they usually appear in waves 3 & C. Well it kind of supporting this idea of an extended 1st wave. Here it is below (chart # 2). 3/...
As recently GOLD (XAUUSD) was rising, we have recognized the completion of the five waves up followed by lower degree five waves down. REMEBER: Five wave move against the major trend indicates the beginning of correction, specifically ZIGZAG CORRECTION. Therefore, we expect ABC zigzag correction that later will be followed by continuation of the trend to the...