Gold managed 1808 before breaking out of a reverse symmetrical triangle and dropping to the 1750 level of interest. Keeping an eye on the weekly close here as this could be the pivot for wave (ii).
We could also potentially see price drop further between the 1738 - 1717 levels highlighted before moving back up to complete the wave (ii) of C. Wave (iii) which...
using Elliot wave i have identified the key areas where price will probably go down to .
i will be waiting for my entry zone to look for a long position and will be looking for my first target and a possibility of reinvestment.
for max profit i will be using options to enter this long term position.
zones were identified by using Fibonacci confluence zones.
macd give us a positive divergence and according to elliot correction that completed we have impulsive waves in future but now in market price we have little correctin or range price but tottaly xrp will have increase price
Nio is forming text book EW ABC
correction after large impulsive move I would estimate the last 5 wave are actually part of a larger wave 1 and
the ABC correction is the larger wave 2 pull back and after NIO finds a bottom
we will push up for Wave 3 of the larger wave heading for $137 or the 1.618 fib extension.
loopring wait for start wave 5 of 3 of 3
We are waiting for the pivoting process to be completed. when Lrc mak HL Entery with Trigger.
This is not a financial recommendation.
Do not forget to like and comment.
Elliot Wave suggests we are now in an impulse wave which should play out with CAKEUSD reaching ATH again in the next 72 hours. It has had an incredible run lately and, considering market sentiment is super bullish, it should continue.
Hi every one
KLAYTN / TETHER
KLAY/USDT is doing an impressive move! If we Deploy the Elliot wave principle, we can understand that the five impulse waves has been completed and the price is now in correction. the first correction wave (A) is completed and the second and third expected correction waves can happen like the picture shown in chart. There are also...
A quick update, the smaller degree wave (v) could be in play. Price has bounced of a possible wave (iv) count around 1831-1832 (38.2%).
If the wave (v) is in progress then I expect the price to drop back out of the marked sell zone.
Please refer to my previous ideas which are linked below.
Follow for further updates.