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this chart is based on Elliott wave theory and also according to DAW theory .. chart repeat it self again. if you looking to the chart you will find that we are going to repeat the same move to go to 0.2$ at least to 0.26 $ Gala & CHZ will be the biggest gainer in this mini bull run
See chart ♥ I think it'll go up gently! So a pretty longer-term trade to hold over a few hours (maybe start of next week?)
As the title suggests, I love it when things work out lol. We have received some key indicators the last couple days suggesting my count is correct. For instance, the 3min MACD did NOT make a new high today despite it making a new high on the 1Hr chart. The previous high on the 3min MACD was with-in my wave iii count, right where it is supposed to be. That is a...
FOREXCOM:XAUUSD strengthens and tests the local high but fails to reach the key resistance at 2050. A strong consolidation above the 2030 level and subsequent momentum is forming. On D1 we see the potential that the market is aiming for. On the background of weakening TVC:DXY , on the gold market bulls form a strong support area below 2030 after which...
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.
AZERO / USDT Elliott Wave Analysis The chart for AZERO is captivating when viewed through the lens of Elliott Wave theory. Our attempt at wave counting over the price action suggests the possibility of a small sideways movement between $1.65 and $1.47, potentially forming the 4th wave. Anticipating a rebound from $1.47, signaling the commencement of the...
In my analysis of Microsoft, the recent attainment of a new All-Time High at $385 signifies the culmination of either Wave A or Wave (iii). Currently navigating a subordinate ABC correction, a Zigzag correction, we're on the verge of completing Wave (iv) within the 38.2% to 61.8% Fibonacci levels. Anticipating an overarching Wave 5, I foresee a significant rise to...
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
It seems that we could potentially see another wave to the upside before seeing some aggressive sellers stepping in. This aggressive action should be very aggressive and also creates a break of the market structure. Inverse V shape to be expected to see the SELLERS taking back control of the trend. You also have a gap right below that break of market structure....
My previous analysis of the Hang Seng Index was invalidated. And now I've done a revamp of the wave counts for 2023. This is the summary: 1. Hang Seng will continue to fall either till Christmas or EOY. 2. Target support, or end of correction, will be 14980-15100. Look out for this support zone.
From the clear data on the chart, we find that the price fell historically to the strongest support area and fell in three corrective bearish waves. We are supposed to see a strong rising wave coming, so we follow what will happen. All data is shown on the chart
It is clear on the chart that we find the data that a flag has been formed, which is wave 4 of a historical downward wave that ended at previous support for the currency. A strong rise is expected to come, so we will follow what will happen. All data is shown on the chart
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.
my main macro scenario mid 35k target as a SWING SHORT trade with the local top 43500 and macro top 44780. all subjective NOT financial advice.
To summarize: 1. We are currently in the 5th wave down. The last wave. 2. Potentially a sharp drop for the last 2 weeks of Dec 2023. 3. Price might follow the same pattern as Dec 2018. 4. Target 10130-10145.
Depending on how this structure develops, a quick trade opportunity might develop from 0.67290 to 0.67510. The low of 12-14-2023 may have already completed the correction of the prior day's high. The structure fits, but I don't like its size. Combined with my anticipation that NZDUSD is not done correcting, we could see AUDUSD pull back further as well. Doing so...
Following the 12-13-2023 high this looks to be an incomplete corrective structure. Would expect further pullback to or beyond the marked blue Fib zone. If price does pull back to that range, a bullish setup should develop as it exits to the upside.