Hello friends It is not bad to have analyzes based on price action in our analyzes from time to time. In the currency pair USDJPY we see the breaking of the ascending channel and pullback to the ascending trend line located at the bottom of the channel. One can imagine the scenario of price reduction. Therefore, taking into account the possibility of changing the...
Hello friends today In Bitcoin currency, we have a 5-wave pattern that is completed by waves 1, 2 and 3. Bitcoin is definitely completing wave 4. Wave 4 is forming in the form of a triangle pattern, which is very common in wave 4. Now the 4th wave is completing its D and E waves. Therefore, we are waiting for the completion of these microwaves, and then the price...
Hello friends In digital currency Cardano(ADA) we are witnessing the formation of a 5-wave Elliott pattern. Waves 1, 2 and 3 have been formed and completed. Wave 4 is forming. According to the formed pattern, we are probably facing a triangle, which is very common in wave 4. Therefore, to complete this pattern, we expect to have a growth up to the range of 05000...
Hello friends In the NZDCHF currency pair, we see a very clear Elliott pattern. In this pattern, we see either an ABC or a 3 of 5 wave. In every 3 or C wave scenario, we see a 5th wave, the 5th wave of which has not been completed yet. We are waiting for the completion of wave 5 of 3, and after breaking the upward trend line and pullback, we can enter the short...
Hello friends In the NZDJPY currency pair, we see sharp and strong growth. In the formed ceilings we see the divergence. If he pays attention to the trend line which is drawn as support, he can initiate a corrective process if the trend line breaks and pullback to it. To support me, I recommend that you install Trading View software on your phone and see my...
Hello friends Today, I have prepared an analysis with a high and short-term success rate for you. In Bitcoin currency, we have a 5-wave pattern with waves 1, 2, 3 and 4 completed. Bitcoin is definitely completing the 5th wave, so BUY Order is definitely recommended. Don't forget the stop loss at $69,000. The resistance target is $73,200. To support me, I recommend...
Hello friends In the NZDUSD currency pair, we see the formation of a 3- or 5-wave Elliott pattern. Considering that wave 3 or C is more than 1.618 times wave 1 or A and its sub-waves are not yet completed, we expect the price to grow to the range of 2.618 times wave 1 or A. This price increase has been done with a break and pullback to the resistance level of...
Hello friends In AMD share, we see the formation of a pattern in the form of 123 or ABC. But due to the breaking of the $162 range, which was a static resistance, and a pullback to it, the formation of an impulse pattern seems more likely. Therefore, assuming a 5-wave scenario, probably the 4th wave has ended and the 5th microwave has started from the...
Hello friends In Bitcoin digital currency, we see the formation of multiple waves in the shape of ABC (zigzag). This pattern only appears in triangles. Triangles appear in wave B of a zigzag or wave 4, but considering that before these zigzags we see a wave that consists of 5 parts, so the theory that this triangle of wave B is a zigzag seems very strong....
Hello friends In Ripple digital currency we see a clear triangle. Triangles are usually seen in wave B or 4. Therefore, taking into account these two theories, we make a trading plan. Triangles are always followed by a trend reversal (even a limited one). Therefore, to complete this triangle, we first need a price rise to the 0.5700 range to complete the triangle,...
Hello friends In the AUDCAD currency pair, we see the formation of a 3-wave pattern. In counting Elliott waves, these 3 waves are considered either a zigzag pattern or 3 out of 5 impulse waves. Therefore, there is a need for price correction in both cases. Microwaves of wave 3 or C are clearly formed, except for its 5th wave. Therefore, we are currently waiting...
Hello friends In the USDCHF currency pair, we see the formation of a 3-wave pattern. In counting Elliott waves, these 3 waves are considered either a zigzag pattern or 3 waves out of 5 impulse waves. Therefore, in both cases, there is a need to correct the price. Now, considering the formation of a terminal triangle pattern in wave 3 or C, we consider the...
Hello friends In the USDCAD currency pair, we see the formation of a clear Elliott pattern. We are currently in wave 4 of C or 3. According to the formation of 5 microwaves in wave 4, a zigzag should be forming, which has a structure of 5-3-5. So we are waiting for a small wave 5 in wave 4 and then price growth to the range of 1.3850 and 1.3970. Usually wave 4...
Hello friends In the AUD NZD currency pair, we are witnessing the formation of a complete Elliott pattern, with all the waves completed in fine detail. Due to the breakdown of the downtrend line, we are waiting for a pullback to it and a price drop. You can enter a sell position within these limits. The first target is 1.0864 and the second target is 10.833. To...
Hello friends Following the previous analysis (be sure to refer to the previous analysis and if you are not following my page, be sure to follow it) We expected the growth of PayPal's share in most of the 5th wave. Currently, wave 1, 2, 3, and 4 of wave 5 have been completed, and wave 5 is left from 5. We expect the growth of the share price to about 72 and maybe...
Hello friends In the price of gold, we see the formation of a 5-wave bearish pattern. This pattern usually appears in zigzag form and their waveform is 5-3-5. Currently forming wave A, which is 5 waves. Wave B corrects wave A in the form of 3 border waves and usually 61.8. C wave is also (like A wave) 5 waves and is about 100 or 161.8% of A wave. Therefore, we...
Hello friends In the share of PayPal Holding, we see the formation of a clear Elliott pattern. In this share, we see completed wave 1 and 2. There are two scenarios. The first scenario is the 5 Elliot wave mode and the second scenario is zigzag. In both scenarios, we expect the share to grow. If we consider zigzag, we are currently in wave 3 of C, and if we...
Hello friends In the USDCAD currency pair we see a complete Elliott pattern. Waves 1, 2, 3 and 4 have been completed. Of course, wave 1 can be considered as wave A, wave 2 as wave B, and wave 3 as wave C, but we expect price growth. Therefore, according to the evidence, wave 1 consists of 5 and we are waiting for wave 2 and the beginning of wave 3. The first...