We may see a flat correction for wave 2 from what I think is it a C wave at a bigger degree before to go for a 3rd wave. Time is too short for an wave 2 from an ABC correction when we compare time form wave 1 vs 2.
head and shoulder pattern enter short on the break also at least an abc correction from the perspective of Elliott wave if we don't make a 3rd instead of c wave. Approximately 10 percent target measuring distance from the head to neckline. Good luck!
Bitcoin impulsive move to the upside but what can be this last impulse? It may be a wave 1 from a C or 3 wave (follow green arrows count) or a 5th wave (follow red arrows count) from a flat scenario that I presented into my past analysis and now hit 1.414 A vs C wave.
I am expecting Bitcoin to go more to the downside with this impulse. Is it an impulse from an expended flat and this means it will turn up? Maybe and it is the only chance to turn up (Follow blue count). I will post updates when I will see more price action. Good luck!
Clean uptrend structure :) wave 2 retraced 0.786 + ny session it will moon may be today or tomorrow cpi
Ethereum still has the chance going for the 5th wave if the price stay above 1462 but a good probability will be if the price break above 1680 resistance. Going below red line (1462) the count will be invalidated.
Elliott Wave count and Parallel Channel - Meta Monthly Chart
EURUSD in a Consolidating mode on :) wave 4 is going to completed in upcoming hours , another ride is going to begin may be this week or next week let's see !
Parallel Channels, Elliott Wave Count & Cypher Harmonic Pattern in BTC/USDT Weekly Chart.
I think this impulse form Ethereum is not finished and will continue up with the 5th wave after a 4th wave that may be a running flat. Target 1780 - 1877 zone for this 5th wave. Count invalidation below 1558.
Elliott Wave Theory & Bitcoin chart in Weekly time frame.
EURUSD Forecast The correction EURUSD started in September 2022 is not over yet. We are forecasting that we only have finished the (A) from the (A)(B)(C) of the correction in the intermediate degree (blue) to end wave 4 (green). Therefore we still need to see the price making higher highs from the current position. We are forecasting this option as the most...
Dow Jones Industrial Average Index & Elliott Wave Theory
Bitcoin Forecast Technically the correction (II) in the super cycle degree (red) should have reached the 12,230 level to end the correction and start the new bullish cycle. However, the possibility that this will not happen is high as it seems that in Nov 2022 we ended this long corrective cycle. Even though another push low is not 100% discarded, we forecast...
Keeping this in mind, don't see much of a bullish move for this coming week however; we aim to catch a nice bullish wave C
Honestly, i should wait for more confirmation, let the wave or pattern formed, but, here's a speculative plan on XAUUSD. Trade safe, Guys!
On a monthly chart, wave 1 and 2 are complete and we are in the third wave. In 3rd wave, the 1st wave is about to be over. If it will retrace a good level (61% of wave 1, inner 4th wave of wave 1), then a nice bull run is expected. Short-term analysis - You can short it at some good level while managing risk. Long-term analysis - If wave 2 confirmation is good,...
500 PIPS INCOMING ON GBPUSD , A healthy correction happened with 0.786 retracement , according to ew looks like impluse going to begin !