Watch for price to push higher towards the Blue box if we break through the orange box which is a supply zone. I believe we have a completed 3 wave structure as well and we are gearing up for a Impulsive Bullish wave
Hello traders, Last update for NZD/USD on March 27th, 2019 was a while ago and the target has been hit yesterday: Currently NZD/USD is trading at around 0.6583 handle and probably the support zone for Kiwi has been founding here to end its C leg in minor degree flat correction. A change of direction is now expected to see in the coming time, but to be...
AUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 – 76.3. In the chart below, the bounce to 78.94 ended wave 2. Wave 3 is currently unfolding as an Elliott Wave impulse with wave ((i)) of 3 ended at 76.77. The internal of wave ((i)) subdivided as another impulse structure of...
GBPUSD is showing signs of an Elliot wave in progress. Giving strong bullish indication with the trend break and retest also.
NZDUSD is coming towards the end of 4h expanding flat corrective structure. Look for buys for next impulsive leg up
AUDUSD is making expanding flat pattern, look for buys on the break lows of the next impulse up.
EURUSD on the daily chart is currently making running flat corrective pattern. Currently its starting the C wave, look for longs on pullbacks
XVG is standing right above the Bullish Gartley's Stop Loss Zone, still in the Potential Reversal Zone. It is coming this major trendline ; Elliott Wave count with the help of RSI makes me think that XVG finally bottomed with a truncated 5th wave. Let's note that RSI has also a Bullish Convergence. Good trade and good luck everyone, Zakaidze Omar
BTC count for the current bear market. I believe we have just put in the A wave of the largest degree and should be expecting slow, choppy uptrend for most of this year. Followed by the final leg down to sub 1k.
Recently due to the news from EU euro wenr down. Now we can see a corrective Elliote Wave, where wave 1 is already done, wave 2 is in progress, so we have a reason to wait for the wave 3 down. In addition, there will be some news about EU at Monday, so it's highly likely we'll see another strong wave down. I suggest to put a buy stop order under the end of wave 1.
The US Dollar Index is looking to make a bearish push to the orange box to finish the complex W-X-Y corrective structure. After the corrective structure is finished look for the Buy set up for the Dollar to make higher highs in the Bullish tremd
Bitcoin long term analysis. You can see my whole setup from the all time high. It might be too chaotic and messy to see, sorry for that. But if you know Elliot wave count, I do not think there will be a problem. After the all time high I suppose WXYXZ full correction happened. Before finishing the Z wave $6100 area was holding the price very long time, but when...
Price is completing a corrective structure that I believe to be a triangle structure, look for price to have a sell of completing the bigger corrective structure finishing in the blue box.
Short Term Elliott Wave view on Nikkei Futures suggests the pullback to 20704 ended wave (2). The Index then resumed higher in wave (3) which ended at 21985. The internal of wave (3) subdivided as an impulse Elliott Wave structure. Up from 20704, wave 1 ended at 21415, wave 2 ended at 20985, wave 3 ended at 21765, wave 4 ended at 21490, and wave 5 of (3) ended at...
XLM breaking out here, look for buys for the next impulsive leg up.
NEOUSD is looking to rally hard while BTC and majors like LTC , EOS , and ETH continue to consolidate. Look for buy for upside.
RLC/BTC is ready to start making the next impulsive leg in its cycle. 4H is making a nice flag for more upside.
Cron is making flat pattern. Looking like good buy for the C wave before more downside continuation.