For a very long time, since 1993 GBPCHF is in down trend and it has created completed the 3rd wave on 1 august 2011. Till then its in a flat correction for the 4th wave of the circle. And for the 4th wave its forming ABC pattern while A & B of the ABC flat correction is also completed and moving for the C leg of the 4th Wave. Today is 15th August, and historically...
it want to complete wave C from flat correction. And to do this,it should generate a 5 wave to down. Because we have a Expanded flat,there is most probably to break point A.
Despite aggressive downside action from $68K, Bitcoin Bears are not yet done with their assault on Bullish traders. Based on price action, to include both confirmations and invalidations, it seems that Bitcoin is currently in a sideways push which could last for upwards of 3 weeks. I anticipate a drop test near $16K, also a pop test near $22K as price action ping...
Gold most likely is forming a “regular” flat pattern ( where wave “B” “Cyan“ retrace > 90% of wave “A” “Cyan” And wave “C”” Cyan” about the same length of wave “B””Cyan”)... AND building its “base” with a “footing” @ around 1680.. “ The whole foundation “ of “the base” might take 2-3 years more to complete with “last piling “ @ around 1540. Before “ launching “...
How are you HODL'rs holding up? Are you buying? Getting a divorce lol... She'll be back in a year or two as we already know. Here is my prediction on this run. No one has anticipated such a run as we have had and it has been difficult for many amazing analysts to keep a high % of correct analysis albeit, some are gaining notoriety as they had predicted bearish...
We are in this waves elliots ABC irregular flat. Same on ETH One push to the down and all in. 22/21/20k And we'll be rich.
Based on recent and continual analysis of Bitcoin, I believe that an upside trip to $32070 is minimally required (based on my perspective of the Elliott Wave count). This will serve as the final resistance level before Bitcoin takes an anticipated dip to $24K. From here, the crypto world will re-enter the "BTC to $100K" mindframe but that may become a troublesome...
Based on continued and ongoing analysis of Gold (XAUUSD), I believe that a) $1890 is due for test and denial, b) premature bulls will buy the dip near $1800, c) bulls will be denied again near $1890 and then we should/could make a drop below $1800 (between $1752 and $1770) to form final support for the macro pump that's currently pending. A new all-time high is...
XAUUSD - Elliott wave update - corrective flat submicro abc microwave (c) is running impulsive 5 waves invalidation 1878
Well, still waiting for the bottom. Today's breakdown looks like we are tracking to the original idea from December based on a review of historical market tops. A few idea tweaks have taken place over the past few months to consider possible trajectory but ultimately Target remains $20k area. The scenario was based on Weekly MA50 interaction. Market Top...
Hi In abc correction, we are in wave 5 of ending diagonal of wave c. Bit can touch the 52-54 resistance and must fall to 28k and beyond Thanks for your attention Have good trade
The flat correction with WXYXZ as wave B COMPLETED and Wave C is starting . Tell me what do you think ?
3-3-3-3-3 correction wave in the flat area that named WXYXZ with the elliott wave theory probably formed . Tell me what do you think .
Hello Crypto traders and investors! We are pretty sure you are wondering when it's time to buy cryptocurrencies again. Well, Cryptos are still trading in a bigger sideways correction, which we see it as an A-B-C flat formation, especially if we take a look on shitcoin index, where we see quite clear Elliott Wave Pattern, called 3-3-5 flat correction. A 3-3-5...
Quick chart, possible paths for: - Running Flat correction - presently this appears to be the formation - Expanded Flat correction - becomes possible if we close with a lower low than our previous low
It seems the correction has ended in a running flat with clear 5 waves down currently in a corrective mode to form the next leg up after C finishes which will form the next 12. Running flats are rare but it seems a lower low is not happening
Hello everyone, I wanted to share with you all what I'm seeing with ally. I believe Ally has completed a flat wave 4 correction. I have outlined 2 pink lines, one will invalidate the flat correction thesis and the other will validated. In other words if Ally breaks and closes below $44 the pattern will be invalidated and a larger correction will probably be in...
A clear text book like Elliott wave counts shows that on going ''C'' wave correction will bring this index to below 4000 levels before march'22 I appreciate if any TA tool tells this story.