I've put a lot of thought into this one. This chart is in log mode as the wide range of prices covered are smoothed and reveal the potential true picture. I give a primary bullish scenario but caveat with multiple different potential outcomes given certain price actions. Trade at your own risk. As you can see, PLTR put in a significant top near the 61.8%...
Hi. In this 1D chart I've plotted the Elliott Wave patterns from the latest months and from it concluded that the next wave will be an impulse wave, as a clear correction wave has just finished. The size of the incoming impulse is of course subject to speculation, but the certainty of it is substantial according to my analys of the latest patterns. Thank you....
Hi. In this 4h chart I've plotted a prediction of the Elliott wave pattern that could emerge as the price has now broken through the diagonal resistance line. I believe that the previous downturn when the price moved to the peak of the triangle was a correction wave and the current movement is the following impulse wave and that the price is currently in the...
I believe Elliott Wave suggest the last motive wave of ending diagonal of wave 5. Look to Buy, then we sell for corrective move to the downside.
On 4H according to wave analysis, we are on the final wave of minuette wave iv of wave 5 of Wave C, look to short USDCAD before the rally to the upside of wave C.
On the day time frame, Litecoin looks like it's current high could actually be the 5th wave of an Elliott Impulse Wave. Be on the lookout for Elliott Correction Wave to show the ABC.
Posible Corto en corrección correción. Forma parte de nuestra comunidad de analistas bursátiles. Cronos Capital TODAS TUS ACADEMIAS EN UNA... * Nuestro sistema aplica para cualquier mercado financiero. * Trading de precisión con algoritmos interbancarios y patrones Market Maker. * Canal de señales de precisión y proyecciones Elliot wave Vamos a crear los...
I suppose few people expected sudden rush of protests in US which have punched US market and dollar itself, however, this is what we need to work with now. Now I can see an Elliott impulse wave is built. it means we are going to have a way down on GBPUSD (and many orher USD pairs as well) soon. The protests may continue for some time now, however, they will...
Be careful! 3rd impulsive wave is strong and incredibly fast. Don't lose it be patient to reach Tp.
It looks like minor wave C (78.500) of the intermediate wave 2 of the corrective A,B,C zig-zag pattern has ended. The correction started off at intermediate wave 1 (85.23) and ended at the 88.6% FR, marking a correction low at 78.38. Although minor wave C ending near the 100% FE of the A, B triangulation makes wave C structure a tad weak, the impulsive motive...
Details in chart. The inverted Head & Shoulders is highlighted with cups, but you really can't miss the big red candles. Gonna get a huge bear flag from this, IMO. Closed my shorts early, but never sorry to give the other guy the last dollar. Reactionary wave should appear within a few days rising from oversold condition. IMO this rascal is gonna pop up hard...
Hello traders, USD Index is in a bullish impulse up from 2018 lows; now with final wave 5) in play. Wave 5) that is unfolding out of a triangle correction can be underway to around 98.50/99.00 region, where bulls may slow down if we consider that legs out of a triangle are final in the sequence, so a higher degree retracement may occur during summer time.
Hello traders, Some important news will be released for AUD/USD to day later in the Asian trading session, namely interest rate decision by the RBA. Fundamental point of view and also based on RBA latest statement in April 2019, a rate hike could be eliminated by RBA for today due to economical situations they are concerned about, namely the trade war...
Apparent Elliot Wave formation. If wave's 2 and 4 actually tested the Fib retrace zones, price target will be above 4k. Also including a chart of the subwaves on 30 minute view which all appear to be valid Elliot waves which leads me to believe that this is a proper wave formation. EDIT: I mispoke in my comment...wait for wave 3 and 4 on the 30m chart to test...
GBPUSD short-term Elliott Wave analysis suggests that the rally from 8/15/2018 low at 1.2660 to 1.3042 high ended red wave 1. The internals of that rally higher took place in 3 wave corrective sequence i.e double three thus suggesting that the pair can be doing a Leading diagonal structure. Up from 1.2660 low, the initial rally to 1.2935 high ended black wave...