keyvan333333

keyvan333333

i hope its clear on chart after a 5-wave descend, price has made 2 waves:( 1 or A ) and ( 2 or B ) from this point it need to make ( 3 or C ) wave that can go up to 180 - 260 if we also want to approach this from a classic point of view there is also a possibility for a bottom head and shoulders with a tp of 260 - 300 i am telling you this to get ready because...

keyvan333333

Hello guys first please take a look at my last SLP analysis at link below It seems to me that price is finishing its 5th wave of C wave of an ABC flat correction. there are three lines as wave 5 TP but the red one is ALSO the all-time support ( you can search it ) to enter long: 1 you can wait for trend line to break 2 you can go to 4H and wait for a minor high...

keyvan333333

Hello price is on trend line + 0.78 Ret wave AB + bottom of channel i think its a good spot to enter

keyvan333333

hello it seems after a big ABC correction price has made its first impulse wave ( with high volume ) and now its in wave 2 you can enter long after trend line breaks with SL at 11.55 $ or risk it now you can also draw a trend line in RSI indicator and after it breaks enter long position

keyvan333333

hello this is just an idea price is forming an ending diagonal with divergence in MACD on weekly timeframe but why its important is because if we look at chart below which is monthly timeframe. if my wave count is correct price is at exactly 2.618 projection of wave 1:3 and 2:3 which can be the end of wave 3:3 and an upcoming wave 4:3 correction wave but the...

keyvan333333

hello last time i published my idea we were ready to gain a 3 or C wave ( which i believe was the c wave of wave A of an ABC correction of wave 4) now it seems wave A and B of wave 4 is finished and we are at wave C to complete a big wave 4 correction and go further down for wave 5 to complete super big flat ABC correction this analysis is failed if price breaks 0.059

keyvan333333 Updated 

price is struggling to reach point A and i think a QM pattern is forming with HD+

keyvan333333

Hello guys price has reacted to 2.618 level fibo projection of wave 1-2 so we can count it as wave 3 and now its retracing in a contracting triangle as wave 4 forming a 3-3-3-3-3 structure ( although i cant count 3waves of wave D ) you can enter long after triangle breaks or risk it now !

keyvan333333

about 9 days ago we saw that price reacted to its all-time support line and made a five wave impulse (1 or A ) now its retracing at a much slower pace with ABC correction pattern ( 2 or B ) you can enter after trend line breaks or risk it and enter at about 0.06 for a big wave 3 or C

keyvan333333

seems price is finishing a 5 wave impulse at or near the support line as it is also price target zone for wave 5, and if we look at wave 5 sub-divisions or wave 5:5 sub-divisions we can count it's waves and see divergence in MACD as well

keyvan333333

after a five wave impulse price is correcting in a five wave so i dont think its the end of correction and we still have 2 more waves ( wave b and c ) to finish then there is a possibility of wave 3 or c this analysis is failed if price goes beyond 0.068

keyvan333333

it seems after a sharp uptrend price is correcting as a 3-3-5 flat correction and i think we are in wave 4 correction of wave C because price has reacted to 1.618 projection of wave 1-2 and that could mean the end of wave 3 also MACD is going for zero line that can be an indicator that price is going for wave 4

keyvan333333 Updated 

it seems price has made a butterfly pattern with AB = 0.78 XA and point D being at 1.27 XA with an ending diagonal forming at that exact point. plus there might be divergence in MACD so if the ending diagonal breaks downward we can anticipate that price would want to go down in a wave equal to wave XA

keyvan333333

as mentioned before price did make a five impulse so we entered and took the ABC retracement. now price is losing its strong force and seems its making an ending channel at 0.78 fibo with a possibility of forming a Crab in 4H if the channel breaks downward, it might want to go further down and make its C wave lower than point A and complete its ABC correction

keyvan333333

in my opinion there are 3 scenarios scenario 1: this rise is an incomplete wave 1 for a big wave 3 beyond 0.003 scenario 2: this rise is a completed abc retracement ( wave B ) to the 5 wave correction ( wave A ) and we are going further down of 0.00026 for a wave C scenario 3 ( what is drawn and i believe in ) : we are at near end of a 5 wave A for a bigger...

keyvan333333

price has stopped between 1.62% projection wave 1 and 2.61% extension wave 2 and it can be the end of wave 3 and MACD is turning to zero line MABYE to complete wave 4. just an idea to be on alert for and ABC if wave 5 is shaped

keyvan333333 Updated 

in monthly time frame it seems the price has made a butterfly pattern at 1.27 extension of XA and 1.618 extension of BC and with the inverted hammer at this PRZ, there may be a big chance that our pattern is complete if for another month the close price of the next candle stays under the close price of this inverted hammer. for price targets in short term we...