Elliott Wave view in Gold suggests the pullback to $1276.64 ended wave 4. Internal of wave 4 unfolded as a zigzag Elliott Wave structure. Wave ((a)) of 4 ended at $1276, wave ((b)) of 4 ended at $1295, and wave ((c)) of 4 ended at $1276.64. Rally from there looks impulsive. Up from $1276.64, wave ((i)) ended at $1286.53, wave ((ii)) ended at $1276.59, wave ((iii))...
The updated wave count for Tron (TRXUSD) from January 21st still stands. Although the timing I proposed was a bit ambitious, the wave count is holding up beautifully. Here is what you are looking at: 1. Red vertical lines: Time cycle beginning at the low of .01216364 on December 7th, 2018 and ending on December 24th. On this 4 hour chart, that is 103 'bars'...
Elliott Wave view in Tesla (Ticker: TSLA) suggests the rally to $352.09 ended wave ((2)). This suggests the stock is in an impulsive Elliott Wave structure to the downside. Wave ((3)) is in progress and the subdivision unfolded also as a 5 waves Elliott Wave impulse of lesser degree. Down from $352.09, wave 1 ended at $343.8 and wave 2 ended at $351.5. Wave 3...
It appears XRP/USD has completed a correction W2 (white) that ended on January 13th, completing a complex WXYXZ correction lasting since January 24th, 2018. To confirm the end of corrective W2 (white) is wave (Z) ending as a .618 proportion of wave (W). This also coincides with W2 retracing within a few points of the .786 of W1. Time cycles place the...
Short term Elliott Wave view of Alibaba (BABA) calls for the rally from Dec 24, 2018 low ($129.1) as a 5 waves impulse Elliott Wave structure. Up from there, wave ((1)) ended at $142.51 and wave ((2)) pullback ended at $129.99. Wave ((3)) rally ended at $153.35 and wave ((4)) pullback is proposed complete at $146.54. The stock still needs to break above wave ((3))...
The SPX has ended the cycle from 9/21/2018 peak at 2345.96 in red wave W. Above from there the index is correcting that cycle in red wave X in the sequences of 3-7 or 11 swings. Above from 2345.96 low the index can be unfolding as a possible Elliott Wave triple three structure. It ended black wave ((W)) at 2521.27 peak. Internals of black wave ((W)) unfolded as...
Oil's (CL_F) short term Elliott Wave view shows that the decline from 10/3/2018 high ended as 5 waves impulse in wave a at $42.41. The cycle from 10/3/2018 high has ended and Oil should now see at least a 3 waves rally. The rally from $42.41 is unfolding as Elliott Wave zigzag structure where wave ((A)) is currently in progress. An internal of a zigzag is 5-3-5,...
Short term Elliott Wave view in USDCAD shows that the decline from 12/31/2018 high (1.3669) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.3669, Wave 1 ended at 1.3563, wave 2 ended at 1.3662, wave 3 ended at 1.3263, and wave 4 ended at 1.3323. We can see a momentum divergence with momentum showing a higher low while price showing a lower...
We're in the correction waves of Elliot with a perfect head and shoulders at the end of impulse. Another head and shoulders is seen in making which also completes the corrective waves. (Fundamentally company is cool, this is just the mood of investors captured by the Great Elliot
We're in the correction stage of the long term elliot wave in Ashok leyland. Perfect head and shoulders seen at the end of Elliot's impulse wave. Hence there can be two possibilities according to elliot wave (there can be more, is pointed two most probable) and this is Probability 1
Short term Elliott Wave view in SPX suggests that the decline to 2346.58 ended wave (3). The Index is currently correcting in wave (4) as a double three Elliott Wave structure. Up from 2346.58, wave W ended at 2520.27, wave X ended at 2443.96, and wave Y remains in progress towards 2619.58 – 2727.95 area before Index resumes lower or pullback in 3 waves at...
Elliott Wave view in EURAUD shows that the decline to 1.5337 low ended wave b. Rally from there unfolded as a 5 waves impulsive Elliott Wave structure. Up from 1.5337 low, Wave (1) ended at 1.5886, wave (2) ended at 1.566, wave (3) ended at 1.6453, wave (4) ended at 1.6184, and wave (5) ended at 1.6794. The 5 waves move from 1.5337 low ended wave ((1)) of a higher...
Counting the waves i believe we are done with the correction(ABC) so we can have an implusive move OR another corrective structure and the minimum profit is that target if corrective but if impulsive it could be more. But also price is at resistance and and the indicator is at overbought so we have many confluence and the risk reward is good.
Short term Elliott Wave view in GBPUSD shows that rally to 1.2816 ended blue wave (4). Internal of that rally unfolded as a triple three Elliott Wave structure. Red wave W ended at 1..2687, red wave X ended at 1.2528, red wave Y ended at 1.2739, second red wave X ended at 1.2614, and red wave Z ended a 1.2816. Decline from there ended at 1.2437 in black wave ((a))...
Elliott Wave outlook in Oil (CL_F) suggests that the move lower from 10/3 high ($76.9) remains in progress as a 5 waves impulsive Elliott Wave structure. Down from $76.9, black wave ((1)) ended at $65.74, black wave ((2)) ended at $67.95, and black wave ((3)) ended at 42.27 low. Internal of black wave ((3)) also unfolded as 5 waves impulsive Elliott Wave structure...
Elliott Wave view in Alibaba (BABA) shows that the stock has an incomplete bearish sequence from 6.5.2018 high ($211.7). The 100% target in 7 swing comes at $88.3 and this view remains valid as far as the stock stays below 12.3.2018 high ($168.8). Near term, decline from 12.3.2018 high ended a 5 waves structure in black wave ((1)) at $129.10. Above from there it...
Elliott Wave outlook in Oil (CL_F) suggests that the move lower from 10/3 high ($76.9) remains in progress as a 5 waves impulsive Elliott Wave structure. Down from $76.9, black wave ((1)) ended at $65.74, black wave ((2)) ended at $67.95, and black wave ((3)) remains in play. Internal of black wave ((3)) also unfolded as 5 waves impulsive Elliott Wave structure of...
Bitcoin has completed the 5-wave impulse sequence. And now for the 3-wave A-B-C corrective sequence. So I would expect something like this. Merry Christmas!