September was a perfect wave A down while October was wave B up. I projected the original top for Friday but we were still shy of 460. Today's open got us there. Wave B quickly retraced 100% of wave A without its internal 5 wave pattern so I set the next stop around 460.58 which was the Fib 123.6% extension. Additional wave analysis of wave C's internal 5 wave...
As I'm still obsessed with Elliott Waves I find we're in a similar position to BTC - it looks as though we are about to enter the corrective wave. This goes against all popular price estimates for ETH I have seen shared recently. And definitely against the popular trend. I'm currently in a short trade ETH target £3800. Let's see if this plays out!
Welcome back! Please support this idea with a LIKE and COMMENT if you find it useful. ***** Price in strong supply zone that hasn't been tested since October 2015. Due for correction on weekly and bullish strength appears to be weakening at weekly/daily resistance. Be sure to follow the entry criteria rules for your strategy and keep this on your watch list! - BKH
Hi Guys, GBPCHF has completed a running flat so we will watch for continuations to the downside. Watch and wait for lower time frame flag to confirm the sell. Thank you for your support.
Hi Guys, keep an eye on EURUSD. Let this correction finish and buy a strong break to the upside. Thank you for your support
Nifty at the 5th motive(impulsive) wave sooner the corrective waves may come.
I believe BTC is beginning an ABC Corrective Structure down to $51,000 before it will complete a final run up to $75,000. I think the 3rd wave of the Elliot wave up will break the prior ATH. My theory will be invalidated if BTC breaks through $58,000 before touching down around $51,000.
Hi Guys, GBPUSD is in a downtrend so looking for a sell setup seems like a good idea. Thank you for your support.
Hi Guys, USOIL is setting up for a reversal so keep your eyes on lower time frame flag to confirm the sell. Thank you for your support.
Hi Guys, keep your eyes on USDCHF on this 1H flag and sell a strong breakdown once it appears. Thank you for your support.
Hi Guys, seems like we completed the correction on higher time frame and now the down trend is here. Wait for lower time frame flag to confirm the sell. Thank you for your support.
Hi Guys, seems like we are going for one more leg lower. Wait for lower time frame flag to confirm the sell. Thank you for your support.
Hi Guys, seems like we finally completed the correction and now the down trend is here. Wait for lower time frame flag to confirm the sell. Thank you for your support.
Hi Guys, SUGAR looks like a nice sell setup. Wait and watch for strong breakdown and sell it.
I see further drop to $2k4-2k6, which are the last resistance and 0.618 fib respectively. From there we can start to bounce.
USOIL - Elliott wave – update - intermediate wave (C) of corrective zigzag is running in minute wave 4 target 72.43 - 74.10 invalidation 71.15
Big elliott wave 1th . is done. next 2th . wave (ABC) Next correction zone C-wave targets 26-27$ good luck
Hi Guys, this looks like a nice sell setup. Wait for flag or correction on lower timeframe before selling it. Trade with care