Wave Analysis

Wave analysis is based on the notion that markets follow specific patterns called waves which are the result of a natural rhythm of crowd psychology that exists in all markets. There are basically 2 dominant and advanced wave theories: Elliott Waves and Wolfe Waves developed by Ralph Nelson Elliott and Bill & Brian Wolfe respectively. These theories are said to be applicable for all instruments on all time frames. The essence of Elliott waves is that prices alternate between impulsive phases that establish the trend and corrective phases that retrace the trend.

In their most basic and straightforward form, impulses contain 5 lower degree waves and corrections contain 3 lower degree waves. Wolfe waves patterns contain 5 waves where the first 4 define a wedge and the last extends beyond this wedge. This last wave is usually traded and its length can be predicted based on the prior waves. TradingView has several smart drawing tools to allow users to identify impulse and correction waves on the charts and label them in any of 15 degrees.
ew-forecast ew-forecast PRO NZDUSD, 30,
NZDUSD: Elliott Wave Analysis: NZDUSD Intraday View
496 0 18
NZDUSD, 30
Elliott Wave Analysis: NZDUSD Intraday View

As already mentioned yesterday, NZDUSD is on our radar screen as decline from April 19 high looks very strong, thus an impulse that can take us even lower as we need five wave fall from 0.7050 area. That said, current bounce from 261.8% Fib level is wave four that may stop near 0.6930/40.

HenryHans HenryHans PRO LTCBTC, 240, Long ,
LTCBTC: LTC Elliot Wave Update 2 - Accounting For The Chaos
365 2 11
LTCBTC, 240 Long
LTC Elliot Wave Update 2 - Accounting For The Chaos

Have revised my Elliot Wave analysis of LTC, secondary downward wave formation is extended due to last nights chaos, pattern still looks very bullish however, on a technical level.

ew-forecast ew-forecast PRO GBPJPY, 60,
GBPJPY: Elliott Wave Analysis: GBPJPY Could Face Some Downtime
303 1 12
GBPJPY, 60
Elliott Wave Analysis: GBPJPY Could Face Some Downtime

GBPJPY may be trading in late stages of sub-wave v) of five, which means a corrective reversal may follow in the near-term. That said the pair may see limited upside later today, or maybe tomorrow and unfold a minor three wave decline towards the region of former wave iv. A broken lower channel line would be a confirmation that bulls are over and bears may come in ...

walled7863 walled7863 PRO EURUSD, W,
EURUSD: EURUSD  Elliot wave analysis.
204 0 13
EURUSD, W
EURUSD Elliot wave analysis.

GOOD LUCK https://www.tradingview.com/chart/XAUUSD/LznIwf5D-Elliot-wave-Rules-Flats-Regular-and-Irregular/ https://www.tradingview.com/chart/SPX500/9B4xQ9zA-Basic-Structures-Elliot-wave-1-2-3-4-5-A-B-C/ https://www.tradingview.com/chart/FXE/BUZEDf7f-EURE-INDEX-USD-INDEX-Elliot-wave-analysis/

walled7863 walled7863 PRO EURUSD, W,
EURUSD: EURUSD Elliot wave analysis.
141 0 13
EURUSD, W
EURUSD Elliot wave analysis.

GOOD LUCK

walled7863 walled7863 PRO GBPAUD, 15,
GBPAUD: GBPAUD Elliot wave analysis.
93 1 8
GBPAUD, 15
GBPAUD Elliot wave analysis.

GOOD ...

KevinSinghDhaliwal KevinSinghDhaliwal EURAUD, D, Short ,
EURAUD: EURAUD MULTIPLE PATTERNS
41 0 8
EURAUD, D Short
EURAUD MULTIPLE PATTERNS

Hello everyone, we have an opportunity to short this pair towards the highlighted target. For any questions leave a comment or DM me. Good Luck

gongambol gongambol EURUSD, D,
EURUSD: EUR/USD Corrective phase!
102 0 8
EURUSD, D
EUR/USD Corrective phase!

OANDA:EURUSD Following the euphoria generated by the French elections, we have already come to the end of the 5th wave of Elliot. We believe that area 1.095-1.10 can always maintain some strength, so we expect a corrective phase of the movement (maybe drawing an abc) which sets the price to close the gap. A return to area 1.07 can offer a good opportunity to buy ...

Stephore Stephore EURUSD, 15, Long ,
EURUSD: Elliot wave Correction
75 0 7
EURUSD, 15 Long
Elliot wave Correction

I think Price will go up with a target at 1.08988 near a fib level 0.618 at 5mn chart

SignalSwiss SignalSwiss TOP AUDUSD, D,
AUDUSD: [EW COURSE] RATIO ANALYSIS (impulsive)
1446 24 92
AUDUSD, D
[EW COURSE] RATIO ANALYSIS (impulsive)

Sequence of Impulsive Waves (12345 bullish). These are 8 Fibo/Ratio we use in our analysis/setup. From a technical point of view (guidelines), traders try to: => take Long Position on Wave 2 (38%/61.8% W1) => and Stop below Wave 1 (close bar) => take Long Position on Wave 4 (38%/50% W3) => and Stop below Point 1 (close bar) Thank you for your ...

Salvi Salvi GBPUSD, 45, Long ,
GBPUSD: Following the previous bull idea
96 0 5
GBPUSD, 45 Long
Following the previous bull idea

L3t's see...

johnmad johnmad PRO AUDUSD, 240, Long ,
AUDUSD: AUDUSD 4 HR Wolfe Wave
39 0 5
AUDUSD, 240 Long
AUDUSD 4 HR Wolfe Wave

Here is a Wolfe Wave with a 5 Wave Elliott Wave ending at the Bottom Wick Candle . I have marked possible Correction points . Trade your own Plan and your own Rules Trade What you see

rule rule EURUSD, 60, Short ,
EURUSD: eurusd
14 1 5
EURUSD, 60 Short
eurusd

possible down . elliot wave target

zhipengcfel zhipengcfel 1000/USOIL, D, Short ,
1000/USOIL: Oil is going to decline more to form right shoulder (2017-04-27)
63 0 4
1000/USOIL, D Short
Oil is going to decline more to form right shoulder (2017-04-27)

Oil is declining these weeks. From EW analysis it is going to decline more to form the right shoulder. The wedge was broken here. Furtherer decline can be expected here. The target will be around 42. For the worse case it can go to 38. Good luck to everyone!

6.1.8.Family 6.1.8.Family PRO USDCAD, 60, Short ,
USDCAD: Waiting For A Reversal On The USDCAD
50 0 4
USDCAD, 60 Short
Waiting For A Reversal On The USDCAD

Buyers have been dominant leading to the series of Higher Highs(H, HH1, HH2 and HH3) with the corresponding series of Higher Lows(L, HL1 and HL2). However, "Point F" is challenging "HL2" instead of creating a supporting Higher Low. And since the last push by buyers was very brief, it's likely that we see a reversal in the direction of price as momentum ...

AndyM AndyM PRO AMZN, 3D, Short ,
AMZN: AMZN is hanging by a thread
35 0 4
AMZN, 3D Short
AMZN is hanging by a thread

All good things should come to an end some day..

Anbat Anbat XAUUSD, D, Short ,
XAUUSD: GOLD- Bearish In May
36 0 4
XAUUSD, D Short
GOLD- Bearish In May

Elliot Impulse Wave (12345) up has concluded & RSI (momentum) is going down, per XAUUSD 1 day chart. I believe that GOLD will be bearish in May. On shorter time frames, set up bear positions.

ccerezo11 ccerezo11 EURAUD, D,
EURAUD: RE-ANALYSIS IN EURAUD - DAILY CHART
106 0 3
EURAUD, D
RE-ANALYSIS IN EURAUD - DAILY CHART

Hey Folks, We broke trend so we now have a B wave forming up which I expect to turn at some point of the upper structure into a final C wave. - Hey chicos, Tendencia rota entonces tenemos una onda B formándose que espero que en algún punto superior de la estructura desarrolle una onda C. Carlos

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