Elliott Wave count and Parallel Channel - Meta Monthly Chart
Parallel Channels, Elliott Wave Count & Cypher Harmonic Pattern in BTC/USDT Weekly Chart.
Elliott Wave Theory & Bitcoin chart in Weekly time frame.
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,...
My previous forecast on XAUUSD was bearish continuation and looking for Lower Low, this is an alternative for Bull Run, key level on lower timeframe by using Andrew's Pitchfork was 1914 then 1860. Trade safe, Everyone!
Elliot wave counts from July 2022 to January 2023 Reversal expecting in next leg wait for clear reversal - positive close - channel break etc.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Oil should find support here. $74-$75. Least likely it breaks this level.
My primary expectation for Matic is one more low in a wave five of the wave c. However it has done a lower low so we could technically go up up from here and nearly hit the 50% fib which is an ideal retracement for a lager wave 2. If we are in the wave 4 still before wave down in the wave C. We could comedown between 0.6867 all the way down to 0.4587 in a wave 2....
Short term trend for USDJPY with elliott wave All are just forecasts, watch and refer. I think this is the most likely option Thanks for watch
Ready for the impulse wave?! Correction wave completed at fibo ext 161.80% as marking on my chart. Bull will be come back
●● Preferred count ● XAUUSD (OANDA) , 🕐TF: 1D Fig.1 The wave count on the quarterly and monthly timeframes has not changed. You can refer to the previous review for clarification in determining the current market position. Here . Wave X of (3) within the diagonal Ⓒ of I will probably take the form of a contracting triangle . In the...
Same target but alternative count. Double Three(WXY) pattern. Wave Y as another Double Three pattern. My pimary EW count for Wave IV -> Alternative count for Wave IV. (1) ->
Chainlink can start something from here?! I think we have a leading diagonal for wave A or 1 , zigzag correction for wave B or 2 that bounced 0.618 fib retracement of wave A or 1. Let's see how the market develop from here. I will update count later. I am long for short term also I am into this trade for at least a C wave. If you like my analysis please...
BTC looks like it hit a bottom after LFG cleared out its $BTC reserves to defend its stability. The momentum indicator if continues to curl up may produce a bullish momentum div, not yet confirmed. BBWP reading about to top out, no confirmation yet either upon crossover of its MA. EWT corrective target hit ~$30.7k from 1.272 fibs measured from late Jan....
Chainlink finished a 4th wave up and started the 5th wave. It will finish 1st subwave soon so I think it will go for corrective 2nd subwave. Target for Chainlink is somewhere at 4.5
Bitcoin finished 4th wave up with a complex correction and now finished 1st subwave from the 5th wave to the downside. I am expecting to finish 2nd subwave somewhere between 30400-30800 where it must be heavily rejected to start the 3rd subwave. Targets for the 5th wave impluse move to the downside remains 21000 -23000 until we have a finished 2nd...
We are now finally seeing a reversal on stocks into risk-on mode as USD trades lower. China is also looking to stimulate its economy to fight the recent economic issues because of Covid. EURUSD is turning up and looks like there will be more upside coming on hawkish ECB comments. ECB's de Cos just mentioned that the APP will end at the start of Q3, and that hike...