ENDING DIAGONAL : ELLIOTT WAVE ( ELLIOTT BABA) Ending diagonals consist of 5 waves, labeled 1-2-3-4-5. Each wave subdivides into threes. Waves 1 and 4 overlap in price. Wave 3 can not be the shortest among waves 1, 3 and 5. Wave 1 is usually the longest, but not necessarily. Wave 5 of an impulse and wave C of an A-B-C correction are the places, where you should...
B FAILURE RUNING FLAT : ELLIOTT WAVE ANALYSIS RUNNING FLAT : • A corrective 3 waves move labelled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double...
EXPANDED FLAT CORRECTION 2- EXPANDING FLAT : • A corrective 3 waves move labelled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three •...
WELL boiz, its time to update. look at the chart, raise your eyebrows, wrinkle your forehead, puff out your cheeks, blink hard and repeat 10 times. The facial exercises are over. NOW realize the idea: Wave A is finished and will look like a plane. divergence is needed to go up into the final correction B before falling into the wave C. the reversal zone is...
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
Hi Guys, You can see my prediction of the future price for GRT USDT. At this stage, we cannot definitively say that we are in wave 3 or wave c. That's why I labeled it with 3orc wave. In this case, the minimum target number for wave C is 0.344$. If the movement has a good acceleration and after reactions to the Wave C zone, a decision can be made regarding wave...
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
Persistent system. Abiding by the rules of Elliott wave. Now it interesting to see how much fuel it has for further moves. no recommendation pls.
After completed 5 waves up, we are looking lower against 6.507, to complete an ABC correction, wave (2), with possible targets 0.5-0.618 fib retracement. Hit the like button if you like my analysis and follow me for future updates! Future updates will be posted as updates to this count. Daily intraday updates on 1H and 4H time frame, don`t miss them!! Good luck!
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
My thesis regarding gold is simple—an Expanded Flat correction for Wave 2. The primary rationale for this determination lies within the retracement on completion of the initial 5-Wave move up on completion of WA. From my perspective, this retracement exhibited insufficient depth to be counted as a W2. Reverting to what I call the Elliott Wave Theory paradox, if...
Firstly, apologies for coughing around the 8th min (too much chocolate). Basically this analysis builds on top of the HSI and China A50 analysis that I've done previously and that I expect Tencent to move down to $246 and hits the lower channel line as well as 1x of wave (1) distance by 2023 year end.
This is my detailed analysis of AAPL and it is a strong Sell for the following reasons: 1. End of multiple wave 5s. 2. Triple Fibonacci targets reached. 3. Wave 4 as a triangle confirmed the 1 year move up as the last wave.
In Summary: 1. We see 5 waves up and wave1=wave5, and it doesn't matter if it is a 1-2-3-4-5 or a W-X-Y-X-Z. The next move should be down. 2. RSI(7) crosses 88 and based on 3 other historical instances of similar preceding pattern, the next move should be down. 3. The risk-reward is better on the short side than the long side.
This is a short update to HSI. I will expect that the burst up today is a corrective wave 4 and for the next 2 weeks, a correction down to 15000.
Further, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave (iii) of 3 upper is underway. Wave (ii) may have ended at 1620.15 if so I expect a swift ascent over the coming sessions to suggest an impulse upper is extended, wave (iii). We're looking for ETH to remain above 1620.15 and subdivide higher in five waves, wave...