At time W1, after exiting the tram and breaking the bearish structure with a powerful spike candle, this corrective form can be a pullback to the broken structure. Therefore, after breaking the 3.13 range, it will first move towards $5, and then in the daily time, the first red box supply area and in the W1 time, the second red box area will be the next supply area.
green lines represent my previous btc long take profit levels i posed around 10th may, i am of the view we retrace this pump since many are fomoing in now
BTCUSD is on the edge, it is on the upper trendline, on the fibo levels, and from EW perspective, it's on the end of wave B, get ready for wave C, to 50,000ish. Cheers!
According to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92. 💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is...
Update to my idea previous where I mentioned that I expect a wave B down and then a wave C up. Now that I expect this wave 2 to have completed, it is time to short BTCUSD.
It looks like we have three big ABC waves on the chart. Wave B has started from where we placed the red arrow on the chart. Wave B looks like a triangle and now it looks like we are at the end of wave d of B. After the completion of wave e of D, we can see the rising movements of the big C wave. The targets are clear on the chart. Closing a daily candle below...
In the previous post, it was mentioned about the movement of the currency in the weekly time. In this post, it is moving in a medium-term ascending channel in daily time. After the high strength failure of the supply area, pullback to the broken structure is currently being completed. Therefore, it is expected that this pool will be completed in the green box...
FX:XAUUSD is forming a correction to the liquidity area after ATH update. To continue the growth the market needs to get confirmation from the bulls. The price still looks quite confident. A corrective wave is being formed, confirming the end of the impulse bullish wave and the market's readiness to go for a fifth, which in general determines the medium-term...
BINANCE:BTCUSD , after a shake-up (False Breakout), relative to the liquidity zone of 59-60K, is forming a bullish impulse, which is also favorably influenced by fundamental reasons On the local timeframe there are signs of the end of the locational correction and the beginning of the formation of the third wave. The bullish trend is starting to revive, but...
The correction??? In my opinion and chart theory suggest its time to go long and find the proper to stocks to be in Subscribe for update stock pick and the best sectors to be in so your not left behind!! as for todays daily chart set up I suggest calls at least a week out as chart indicates Goodluck traders like and subscribe as for members that listened and got...
This will be our final public post The collapse of modern society and capitalism has begun We must focus on preparation May you all be safe
USD/JPY is moving upwards within an ascending channel, following an Elliott Wave ABC pattern. We'll look to enter a buy position after a bullish rejection at a key resistance become support level, confirming the continuation of the upward trend.
Hello Looking at selling/shorting Xauusd because it's currently forming a running flat/expanding flat. There's an order block that's not filled/mitigated which will also form the c wave of the expanding flat as structure is incomplete without the C WAVE. Currently forming an engulfing candle Entry: 2428 Stop loss: 2441 Take Profit: 2399 (Break of B wave)
According to the previous analysis, now with more than 110% growth since the time of the analysis, which is in the ascending wave 5, it can continue until the area of 2.618 or the next supply area of this extension of the wave, which will reach the major ceiling area, which is an important supply area. It will be and after that I expect a correction wave after...
According to the previous analysis, which was checked in the weekly time frame, until the dynamic trigger continued its growth, after which it faced a combined correction. 💎 Currently, in the 8H time frame, after a rise to the supply range and the constructed neckline, it has faced a correction to the green box area. 💎 Now it is inside a corner pattern in the...
Hello everyone. First of all I should say happy new year (Nowrooz) to all iranian people around the world specially iranian traders community. Im going to explain how will BTC behave in coming months according to Elliot wave principles. As you know wave analysis act better in higher timeframes like Weekly. So I want to take a look at BTC price action from Nov 2022...
Base on Higher TF, the market is bullish. There's a break of the weekly structure and the market is currently in a correction phase. We could probably see buyers showing interest at the current price range. Let's see how this will play out. Feel free to share your views.
Hello everyone I am really happy that I have been able to find this profession and learned it (Learning yet) and so find a way to make money and help others to do that. For new season of crypto market we should consider those stock symbols that work in this field, so I want to give you (for those that does not know it) a good chance to invest for your futures but...