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Wave analysis is based on the notion that markets follow specific patterns called waves which are the result of a natural rhythm of crowd psychology that exists in all markets. There are several advanced wave theories. The essence of Elliott waves is that prices alternate between impulsive phases that establish the trend and corrective phases that retrace the trend. In their most basic and straightforward form, impulses contain 5 lower degree waves and corrections contain 3 lower degree waves. NeoWave theory is an expansion of Elliott Wave concepts, with the goal to reduce subjectivity.

Wolfe wave patterns contain 5 waves where the first 4 define a wedge and the last extends beyond this wedge. This last wave is usually traded and its length can be predicted based on prior waves. The Kondratieff Wave, also known as K-wave or long wave, is a cycle-like phenomenon affecting all markets. These waves can last between 45 to 60 years. TradingView has several smart Elliott Wave drawing tools that allow users to identify impulse and correction waves on the charts and label them in any of 15 degrees.
myfxhub myfxhub AUDUSD, 240, Long ,
21 0 2
AUDUSD, 240 Long

AUDUSD has rejected our correction channel finding support around the 0.7350 level. We have entered the trade long with a great risk to reward ratio. Will we see AUDUSD trade to the long side hitting our take profits or will we break this channel and continue to trade lower ?

myfxhub myfxhub GBPUSD, 240, Long ,
112 2 0
GBPUSD, 240 Long
GBPUSD Elliot-Wave theory

After a complete Elliot-Wave 12345 ABC pattern on the 4HR time frame making wave 1 & 2 on the Daily, we are now expecting wave 3 on the Daily. Going down on to the 4HR time frame we can see we have made the 1st wave along with the correction wave 2. Price has held support at the 0.786 Fibonacci Retracement level. We have entered the trade long with a very tight ...

myfxhub myfxhub GBPJPY, 1D, Short ,
180 2 7
GBPJPY, 1D Short

GBPJPY has rejected a long term trend line with a lovely Pin-Bar Candlestick on the Daily time frame. This Trend line is also in confluence with resistance at the round number 150.00. Now that Price has given conformation with this candle stick we have entered the trade short as close to the top of the wick giving us a great risk to reward ratio if this trade ...

147 0 3
BTC Short Term Outlook

I believe we have made the subwaves of a wave 1. (I know I have also mapped the 'micro-waves' within the subwave 5 for clarity - Elliot-ception amirite?!) BTC will probably, at the very least, test the 6800 mark. It has become a very important level of horizontal resistance. If we pass it then we can go higher (mid 7000s - 8000s?). However, if it fails we are ...

stevepuri stevepuri BTCUSD, 1D, Short ,
3516 2 35
BTCUSD, 1D Short
2018 Crypto Crash (Elliott Wave): Barrier Descending Triangle II

2018 Crypto Crash (Elliott Wave): Barrier Descending Triangle II

202 1 7
EURJPY Elliot Wave 5th Wave completion

EURJPY is in an ascending monthly channel and has been in a descending correction channel over the past few weeks. Price has broken out of the correction channel showing an Elliot wave 123 pattern finding resistance around 131.70 level. Will we see EURJP correction wave 4 finding support around 130.00 level before a 5th wave completion ? Or will we keep trading ...

stevepuri stevepuri BTCUSD, 1W, Short ,
4266 11 33
BTCUSD, 1W Short
2018 Cryptocurrency Crash (Elliott Wave)

2018 Cryptocurrency Crash (Elliott Wave)

myfxhub myfxhub BTCUSD, 240, Long ,
232 0 2
BTCUSD, 240 Long

Bitcoin/dollar has shown an Elliot wave 5th wave pattern with a ABC correction on the 4HR time frame , making this a completed wave 1 & 2 on the daily time frame. Price has rejected the 0.618 Fibonacci retracement level with strong bullish candles. Will we see a 3rd Elliot wave to the long side on the daily or break further to the downside ?

stevepuri stevepuri EOSUSD, 1D, Short ,
2616 5 29
EOSUSD, 1D Short
EOS — 2018 Crypto Crash (Elliott Wave)

EOS — 2018 Crypto Crash (Elliott Wave)

stevepuri stevepuri BTCUSD, 1D, Short ,
2643 1 26
BTCUSD, 1D Short
2018 Crypto Crash (Elliott Wave): Barrier Descending Triangle


myfxhub myfxhub AUDCAD, 240, Short ,
89 0 3
AUDCAD, 240 Short
AUDCAD Short Trade

AUDCAD has rejected strong resistance at the 0.977 level with a bearish candle, this level is also in confluence with a descending trend line adding to a short bias. Will AUDCAD hit our take profit at the 0.9712 level giving a total of 55 pips ??

myfxhub myfxhub USDCAD, 1D, Long ,
215 2 4
Elliot-Wave Theory 5th Wave Completion

USDCAD is in an ascending channel with an Elliot Wave 1234 completion patter. Price has been rejected from the 0.382 Fibonacci retracement level with strong bullish candles. Will we see a 5th wave completion ??

stevepuri stevepuri ETHUSD, 1D, Short ,
1584 6 9
ETHUSD, 1D Short
ETH — 2018 Crypto Crash (Elliott Wave)

ETH — 2018 Crypto Crash (Elliott Wave)

myfxhub myfxhub GBPUSD, 240, Short ,
570 2 5
GBPUSD, 240 Short

GBPUSD has rejected descending channel with a strong short Pin bar Candle. Will we see GBPUSD trade lower or break out of the channel and trade higher ?

cryptogast33 cryptogast33 BTCUSDT, 1D, Long ,
823 9 17
BTCUSD Bullish Case

There is a possibility for a triple bottom and potential reversal. Let's see how this plays out. This is not forecast unlike my other charts, just an idea/possibility that has a realistic chance to come to fruition. People called 4k when we hit 6k bottom and where I bought, people called for 4.8k at 6.45k where I bought, people called for 5k at 6.1k where I ...

mingnhut mingnhut GER30, 1D, Short ,
128 0 3
GER30, 1D Short
Break down

Double top and it break down, and this B zone pull back test neckline and carry on down.

AlexCH AlexCH EOSUSD, 240, Short ,
209 0 4
EOSUSD, 240 Short
EOS - Keep track of this short opportunity

Setup: Entry: Break of wave 1 of C. Exit: Conservative - Previous low. Aggressive - .786 ret of whole wave 1 of 3. Count is invalidated if we break above $15.1 Entry is permitted if we break below red dotted line.

myfxhub myfxhub EURUSD, 240, Long ,
106 0 4
EURUSD, 240 Long
EURUSD Elliot-Wave Theory 5th Wave Completion

EURUSD has show an Elliot-Wave 1234 completion pattern. Price has rejected 0.50% Fibonacci and has now moved above the 0.382% level. Will we see a 5th wave completion using any pullbacks as buying opportunities ?

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