#VNINDEX #ShaneElliottWave #Shaneliot VNINDEX || Elliott Main wave count || 26 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: VNINDEX Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Third Wave (Green- Minuette degree) ---
So let’s focus on Ethereum… I have discussed this in our last update and sadly the situation is still a very complex one in Ethereum. We have been hovering below the 1.236 extension at 1828$ and didn’t manage to break above this resistance for more than 8 days now. This is a very bad signal and the market is loosing steam, making itself vulnerable for a possible...
#DXY #ShaneElliottWave #Shaneliot DXY || Elliott Main wave count || 26 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: DXY Trading strategies: Short Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Second Wave (Orange- Subminuette degree) ---
#USOIL #ShaneElliottWave #Shaneliot USOIL || Elliott Main wave count || 26 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: USOIL Trading strategies: Short Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Fifth Wave (Orange- Subminuette degree) ---
#GOLD #ShaneElliottWave #Shaneliot GOLD || Elliott Main wave count || 26 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: GOLD Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Fifth Wave (Light pink- Minute degree) ---
Hello everyone! I hope everyone had a good weekend so far, if not it's safe to say that at least bitcoin & ethereum relaxed over the last days. As you may know, the markets didn’t move much in since our last update and the situation is still the same. We estimate that the movements in bitcoin are simply a cool off from the last rally, according to our...
#EURUSD #ShaneElliottWave #Shaneliot EURUSD || Elliott Main wave count || 26 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: EURUSD Trading strategies: Short Timeframe Analysis: 4H Expect Main Elliott Mode: Corrective Wave Expect Main Structure: Double Zigzag Position: Wave ((y)) (Light pink-...
#GBPUSD #ShaneElliottWave #Shaneliot GBPUSD || Elliott Main wave count || 26 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: GBPUSD Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Second Wave (Light pink- Minute...
Hi traders, Bitcoin reacted of the Fair Value Gap and made an impulsive move down. After that it tried to break the high again but failed. Now it's in a consolidation. I think it can go down from here because the low is weak and likely to get broken. At the moment I would wait for more clarity and a new impulsive wave down to look or sells. Let's see what...
Hi traders, XAUUSD is still in wave 5. I think it can go up some more to the 4H supply maybe ending diagonal). After that I expect a bigger correction down. At the moment there are no trade possibilities for me. If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful...
Hi traders, The outlook of last week for SPX500USD haan't changed. It is still in a big consolidation. It can go lower to the lower 4H demand to complete a big A-B-C correction. And after that it can go up again. But it is also possible that it's an W-X-Y correction and were now in a triangle. In that case I expect one more small impulsive leg up to complete...
$XAGUSD has breached 61.8% retracement and also is violating the idea of the 4th wave pullback but is not denying the high probability of a reversal lower from this resistance zone.
Hi traders, EURUSD is still in a bigger (black) correction down. The pattern has changed a little bit. For me the B-wave turned out to be a rare expanding triangle (X). And there was a comment of a follower last week who said wave 1 and 4 were overlapping in wave 3 (red) which was right. So I've adjusted the wavecount. I think the Y-wave has now started....
Gold closed this week approaching a solid daily resistance. Depending on the reaction of the price to that structure, I see 2 potential scenarios for next week. Bullish Scenario If the price breaks and closes above 2010 resistance on a daily, a bullish continuation will be expected to 2060 level. Bearish Scenario The price may respect the underlined...
We're still anticipating one more low for the Euro against the Dollar. As you can see the move down in the last few weeks has been 5 minute waves down to make a minor wave 1. We moved quite sharply up last week in what looks to be a blowoff top to finish the minor wave 2 and we anticipate a very sharp move down over the coming weeks to complete a minor wave 3...
Not all IPO stock will.. e.g AAX.. their stock’s never ever closed above their IPO’s price..
With the news of SVB about to collapse, the markets started to move into safe havens and the stock markets started moving down. Now the question is, has the move down we've witnessed been the X wave of a larger B wave which should terminate around 4300 (as illustrated in our green count). Or is this the minor wave 1 of intermediate wave 3 which should result in a...