As I've mentioned in my previous post BTCUSDT ended 4th wave of Cycle degree. The fifth wave has started since June 7th. We can expect the fifth wave of Cycle degree to be an impulse wave ((1)(2)(3)(4)(5) in graph). (3) wave is an impulse (i), (ii), (iii), (iv), (v). If it ended today we could expect corrective wave (a)(b)(c) in the beginning of the next...
As shown, the wave 2 has pushed through the 61.8 and is now headed to the 78.6. Would expect the correction continues and will need to track closely.
As shown, pullback continues for the wave 2. Since the 61.8 has been passed, would expect the 78.6 is next. Overall stock is beatdown and would expect pullback to continue in this market environment.
As expected, Wave 2 pullback has hit the 61.8. As a reminder, wave 2's can retrace 100% of wave 1. This is not the expectation, but we are sitting on the 61.8 as expected.
hey guys i update the aave chart that's chart make more sence for me now we had a 5 aves on aave stat the first wave on 27 may and at price 97$ and start a wave 2 correction end and start a big wave 3 umpulsive and it hit 124$ now we in wave 5 we have a nice correction we did a abc and now we doing an 5 waves traingle so i expect a wave 5 to the range around...
45 angle describes the corrective nature of the pattern.EURGBP has started forming impulsive wave C's sub-wave 3. It has broken down the correction channel of wave B. If EURGBP breaks down low of wave X at 0.84819 , then the price will complete its impulse wave C. It is also a support level of 200 EMA. Or it will start marching upward. Targets: 0.84500 -...
Correction looks complete and now we are working on a five wave structure to the upside. Would expect upside to fair market value as shown.
As shown, appears to have one more leg down to meet the 61.8 retracement level. Once complete, expect five waves up to fair market value.
On Thursday, XAUUSD prices fell for the second day in a row due to some follow-through USD purchasing. The deteriorating global economic picture boosted the US dollar's standing as the world's reserve currency, undermining enthusiasm for dollar-denominated gold. Technically the yellow metal was trending with 5 waves upwards within an ascending channel. We expect a...
Been on vacation for a while and finally back to the chart. What you see here is a potential butterfly on BTC. Trade should be taken between 34.5k - 35k. Confluence for this trade: - 3 Fibonacci Gan Fan. - Golden pocket. - Butterfly Harmonic with a 1.27 fib level. - Monthly level - Naked POC. - Elliot wave 4 count There are probably way more confluence why...
Looking for this strucuture on s and p 500 ! i feel we will have huge dip and it will drag bitcoin too towards the downside , let's see
Wow it looks like we have completed the 4th wave and it should move towards the 5thwave for the downside to my target levels ! let's wait and see how it plays out , tight stop loss
AUDCHF is going to retrace its move from few months ago. the ABC pattern would be formed in the upcoming day.
Ever since it hit a high of 701.0 back in November 2021, Netflix has fallen dramatically to trade at 162.71, its lowest level since August 2017. Looking at the daily chart, a clear 5-wave decline can be seen, pointing to an imminent correction. While we do not rule out small losses still, we recommend to go long at market with a stop at 124.0, targeting 280.0, the...
Pound seems to be moving as we predicted 💵💵💵😊💵💵💵👇 Wishing you all the best...💵💵💵😊💵💵💵
Hello traders, Eiiishhh, what a crash it was on the worldwide market!! But don't worry, we will soon see the bounce soon coming back after we finish scaring everyone. We are entering into the strongest support zone of BTC, which is also the B of my blue ABC, that will be on its 123%/127,2% My lowest price objective will be 28420 , which is the 161,8% of...
With this most recent drop, everything clicked into place. Eureka! Triangle is off the table, huge 1-2 as well. The only real alternative is long term top in or that this whole thing is not an abc, but a wxy -> same target, just different internal structure. We'll see how this progresses, but this has a very high probability of playing out.
Bitcoin just moved exactly as we predicted based on our previous post 👇 So far we are in a correction of wave (1) and we're expecting bears to be in control all the way down to 19156 zone. Then bulls will definitely get on board to ride the all the way up 121652.. Please, don't miss the next coming bulls move, as this will the longest bulls move after wave 2...