Elliott Wave Analyst: Shane Hua (CEWA - Level II, III in progress), Bottom line: Silver will drop in price lower. The general outlook for Silver is bearish with the 5th wave, while prices remain below 23.51, the evidence that convinces me to count this wave is that prices are already significantly below the high of 23.51, showing enough strength in the Bear...
GOLD: Dec 22, 2023 || Analysis by: Shane Hua (CEWA-Level1) Bottom line: Gold will continue to rise in price higher. The bullish outlook for Gold is bullish with wave iii of (iii) of iii(Circle). While Gold must maintain the 2047.180 side, falling lower shows that wave iv is forming and will return to the upside with wave v shortly after.
Bottom line: GOLD may have bottomed, and is about to increase in price with wave iii. The price action including the low labeled ii is sharp, strong and fast. The bullish outlook with wave iii will remain solid while prices continue to appreciate rapidly and sharply. The slow price increase in the near term increases the possibility that wave ii is correcting...
GOLD: Dec 5, 2023 || Elliott wave analyst: Shane Hua EN: Bottom line: GOLD will continue to drop prices lower. The general outlook for GOLD is bearish with wave ii with a target of around 78.6%. While price must sustain below 2058. A move higher suggests wave b of wave ii may have taken place
Bottom line: GOLD will continue to increase in price with wave 3. Bullish price target for overall outlook at large wave level with wave 3 (circle) still moving higher. In the short term, GOLD may continue to move higher. While the price still maintains above the 2027.254 milestone. A bearish break above this milestone shows that corrective wave iv is underway,...
Bottom line: Bitcoin price could drop lower. The short-term outlook is that Bitcoin could continue lower around the 36231 area. While the price should remain below 37748. The bull market may return, but now is not the time. At least the price must rise above the high of 37748 to reinforce the bull market view.
Bottom line: GOLD will continue to increase with the 3rd wave. The general outlook is for prices to go much higher. Upside target is around the 2055 area. In the short term, the bullish view will hold while the price must maintain above 2006. When the 2005 mark is broken downward, it shows that the 1st wave of a smaller level is completing, and the 2 discounts...
After the end of the discount according to the Three wave pattern. Looks like the orange b-wave has reached its target. The next price increase is Subdivided into 5 following the orange c- wave. In an alternative lower probability scenario, the price increase since 105.451 follows a Three pattern. From there it becomes a Flat/Triangle pattern.
Bottom line: Gold should continue lower in a second wave. GOLD remains bearish inside wave (c). The ideal target is a test of 1934 or lower before a bottom forms
#USOIL #ShaneElliottWave #Shaneliot USOIL || Elliott Main wave count || 29 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: USOIL Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Third Wave (Light pink- Minute degree) ---
#AUDUSD #ShaneElliottWave #Shaneliot AUDUSD || Elliott Main wave count || 29 Mar, 2023 (UTC-8) --- Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot) Hello traders, That's my wave count for: AUDUSD Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Second Wave (Green- Minuette degree) ---
#CHFJPY #ShaneElliottWave #Shaneliot CHFJPY || 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: CHFJPY Trading strategies: Long Timeframe Analysis: 4H Expect Main Elliott Mode: Motive Wave Expect Main Structure: Impulse Position: Third Wave (Green- Minuette degree) ---
#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) ---
#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) ---
#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...