GBP/AUD has a completed head and shoulders pattern, the first impulse after the head and shoulders is complete. After every impulse there is a correction wave, which is what we are currently in. After the break of the wave we should be looking to see another impulse wave to the downside. Only sell if the bearish flag breaks to the downside, if not. The structure...
Bitcoin has been following an ascending channel since the beginning of 2017, and price action has been keen to respect the limits of this pattern every time it has reached the upper or the lower limit. Now that we reached the upper limit of the channel a couple days ago, which price heavily tested, a correction is likely to take place towards the supply demand...
Hi, look on the top of the channel for the last impulse to the 0.5 fibo ratio. good trade
Monero declined from 155 to 62 and lost exactly 60%! This is interesting sign, but to be more confident, 62 is really nice psychological support because wave (I) resistance became wave (IV) support. There is one more and the most important sign! We see a clear double zig-zag correction, which means that correction could be completed and we could expect Monero back...
If you want to trade this setup wait for breakout first.
Looking to buy at around $260, ready for the break up to $560.
BitCoin hit new lows, but we still see it as correction. Instead of triangle it's a flat correction within uptrend. We expect a bounce from support arround 38,2% fibonacci retracement and between 3600-3800 levels back to new highs into wave 5. ew-forecast.com <- Visit for more Cryptocurrencies FREE Analysis!!
Dash trapped in wave 4 triangle like BitCoin and LiteCoin. We assume that Cryptocurrencies are in positive correlation, so we have to track this triangles. Triangles are typical for wave 4, so we are expecting new highs in next days/weeks and @500 psychological level can be seen. ew-forecast.com <- Visit for more Cryptocurrencies FREE Analysis!!
This morning BTCUSDT entered my projected buy zone. If I counted right, BTCUSDT just completed an Elliott ABC 5-3-5 Zig-Zag style correction. I feel like It's pretty close to being done as it appears to have finished directly on the overall uptrend line. This point also terminates wave ((C)) directly in the middle of FIB 0.618 and 1.0 of wave ((A)) which are two...
Ethereum just like Bitcoin declined from our projected wave 3, which means wave 4 is on the move. We see really nice psychological support @300, also 38,2% fibonacci retracement and channel support for wave 4. We expect a bounce from those levels back to all time highs into wave 5 above @400-450 levels. ew-forecast.com <- Visit for more Cryptocurrencies FREE Analysis!!
MCO has finished an EW cycle, and is is the process for an corrective wave (-23% at this publication time on Bittrex). MCO is going to publish its new app on August 31st, but rumours emerge as the 500 cards are sent without the Visa logo. I don't know if this ia verified or fake, but the market seems to "sell the rumor". The Mona.co website do not reflet Visa...
Keep look this weak and last bullish of EUR i guess you can speculation with small volatility for short in Intra-Day but becareful i think wating for long @130.174 -@129.588 might be a good price
Ugh, what a mess... While my preference is that BTC is still in macro-degree Wave IV following the 2980 high I label Wave III, I must at this point give serious consideration to an Alternate Count,(labeled here in Red ) that against reasonable Time Duration, and against the Alternation Guideline, that BTC completed Wave IV at the 1840 low. The move up to 2938 was...
I'm looking for wave 3 to complete at 12.67, where wave v of 3 will be 61.8% the length of wave i thru wave iii subtracted from the top of wave iv. It should just be a matter of time before wave 3 completes and a corrective rally in wave 4 takes over. As the correction in wave 2 corrected a large part of wave 1, we should expect wave 4 to only correct a minor...
BTCUSDT / 1. Wedge pattern 2. Corrective Wave Zigzag Pattern. (5.3.5) 3. Bullish Harmonic pattern PRZ => Area Support POLONIEX:BTCUSDT BITSTAMP:BTCUSD KORBIT:BTCKRW
1. Down Trend line 2. Corrective wave Elliott Wave 5 3. Bullish Harmonic pattern PRZ 4. Area Support FX:XAUUSD COMEX:GC1!
Hey Traders, Very short term opportunity, if you want to buy the breakout of this corrective move (ONLY IF IT BRAKES). Normally I do not trade these moves in M15 but it could work out well :) - Hola Traders, Buena oportunidad a corto plazo, si quereis comprar la ruptura de este movimiento de corrección (SÓLO SI HAY RUPTURA). Normalmente no opero estos...
Hi All, Great to finally see EUR make some moves over the past couple of weeks and great to see Macron win as the world doesn't need more 'Trump like' people in office - (Thats just my opinion) Anyways, the count I had in my previous post is on track but the 5th wave extended further than anticipated but that just means extra pips were made. Now the impulsive...