In this scenario I think we are still on Wave IV of big Wave. Chances of the pattern are: - Flat - ZigZag - Expanded Flat The invalidation of Flat & Zig Zag is at 18125 The invalidation of Expanded Flat is at 15575 If these 2 major invalidation line is broken then the scenario is invalid.
I think btc may be finishing this 5 wave move as part of a zig zag which is correcting the larger wave 1. IF wave 5 is still not over than it will most likely hit one of those points before coming back down to do the abc.
Hi A correction of Dax is not completed and we are in double zigzag correction. By the Elliot wave analysis, the entering point of sell opportunity, stop loss and take profit is shown on the curve. Have good trade Yours
Just a thought... so very beary, so many putholders, looks like the bottom about to fall out... just before a massive face-ripper?! Maybe not a great idea to buy anything, just sayin' shorting it here could be a bad disappointment too!?! Trade with care!
Completing the zigzag pattern. It can move up to the top of the ascending channel. The target price is $ 180. be patient.
FTT has rallied then declined in a 5-3 Elliott wave pattern. In Elliott wave terms, when you have a five-wave advance followed by a three-wave decline, most times, it is followed by another five-wave advance. From June 2021 to the Sept 2021 high, prices rallied in a five-wave impulse pattern. Then from September 2021 to the December 2021 low, a three-wave...
$TSLA, From reaching the all time high of 1,243.07, Tesla creates and nearly completing a good one example of Elliott corrective wave or Zigzag. In Zigzag rules: Zigzag is subdivided into 3 waves which subdivided into 5-3-5 waves. Wave B never moves beyond the start of wave A, wave A and C is subdivided into an impulsive or diagonal, and wave B is subdivided...
XAUUSD - Elliott wave – update - minute wave ((ii)) unfolding in a zigzag correction invalidation 1830
Every correction since 2015 has zig-zagged. Going again? IDK, but eerily close to dates, peaked on 12, sold to 28 Oct 2020. This one is running a week behind, looks like we peaked 10/21; to confirm on Fri 10/22, ERs tanking FB, SNAP, INTC techs overnight; if double top is in, might expect weakness until ~5 Nov, if the zigzag pattern repeats. Bull trap?! Not...
We had two zig-zags, in Sep/Oct and Mar/May. These lasting 2-3 months. Bull waves after lasting 3 months, gaining ~60+ pips. This rally is near exhaustion IMO. Expect correction on/about 7 September after Labor Day. 3 Sep likely a new ATH. Most ATHs DO OCCUR IN SEPTEMBER! That said, Ka-Powell speaks this week, Fed meets, Treasuries look like headed for...
Bitcoin is at the crossroads as to whether it's bullish or bearish. In this short analysis we'll explain how and, more importantly WHEN, you we determine which of the two it is. By being able to identify the technical direction at the earliest safest point, we'll either be given the gracious opportunity of stepping away from the fast-approaching freight train, or...
Last outlook we anticipated to have a normal Elliott Wave 5 to the downside. However price has continued to trade sideways in a Zig Zag Pattern. Price has not traded below the March 19, 2021 low which completed the Wave 3. The current analysis is that on June 22, 2021 price completed a final WXY Zig Zag at 29563.05 and exactly 6 months ago to the day when price...
In February and March we talked regularly on the YT channel about how Bitcoin's primary and secular trend lines were far too steep to be sustainable. Well, that was quickly redeemed by a deep and long-lasting price- and time-based correction. The primary and secular trend lines now merge nicely on the weekly log chart (if drawn as internal trend lines rather than...
watch pattern carefully which is zig zag chart as shows all information about trends without time limit or against time As per my Research will go to 195 once again to bounce back As per long term view this stock is best to hold Thank You Samkit Jain
Eth had a 5 sub-wave down correction which it can indicate a Zig-Zag correction at least. A Zig-Zag correction is a 5-3-5 wave count. Based on this theory, the wave B, should have 3 sub-waves up, as drawn on the chart. In case we see this pattern, we may expect at least to revisit the lows of 1500usd and even lower. But this is a short term (1-2 months) correction...