Hi traders, XAUUSD is still in a corrective move down (black A-B-C). Last week I said in my outlook gold can go down some more and after that up again. And this pair did exactly that! Now the orderflow changed to bullish again. So for next week I think it goes up more to finish wave c (blue). Let's see what price does and react. If you want to learn more...
Hi traders, Last week SPX500USD went down just like I said in my outlook. I think next week we could see more (longer term) downside. Let's see what price does after taking the liquidity under the lows and react. If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful...
This week, natural gas performed nearly perfectly. The wave count remains unchanged. Although I am still unsure about the ultimate shape of wave b, the scenario allows me to open cautious shorts. Of course, this is not advice. I look forward to the structure shaping the bottom and entering long positions into the winter.
The count of wave appears to be about complete. The issue with this chart is that the price is very near to the invalidation line (dashed red), but minor wave v of (c) of does not appear to be complete and needs some space to shape a reversal. If the red dashed line is violated I will fall back on the scenario with ABC flat (C is a diagonal)
Hi traders, Last week EURUSD made the last leg of wave 2 down. After that it went up again and changed the orderflow to bullish. For next week I think we could see more upside to break the high of the swing leg for wave 3. Trade idea: Wait for a small pullback down and trade buys after a ChOF bullish on a lower timeframe. Let's see what the price action...
On the H1 chart of TRXUSDT.P it seems that the instrument has completed a 5 waves down cycle with recent bullish impulse in wave A. Expecting retracement in wave B with my trading levels marked on the chart.
Hello Traders, NIFTY50 has popped to the upside at Friaday`s session and close the week @ 19517! The move from the ATH @ 199981 was a clear "three-down" and the odds do favour, that this was all of the correction. If so to come, the next target-range is at or around the 19876 levels with more bullish potential ahead, including a new ATH! But if the movoe from...
Elliott Wave Analysis Dow Jones Industrial Details on the chart
Elliott Wave Analysis Dow Jones Industrial Details 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.
Elliott Wave Analysis Dow Jones Industrial Details on the chart
Elliott Wave Analysis Dow Jones Industrial Details on the chart
It is expected to rise to the last sub-wave, thus forming historical waves and making a leading diagonal, and then correcting three other historical waves
It seems to us that the 23-year-old chart has completed five bullish historical waves, and it ended a week ago with the making of the Ending Dajonl model, and it is an internal wave five out of five. It is now expected, within the next few years, to drop to the shaded area, and this is considered a natural correction for all the rise that took place in the history...
In the weekly, the NASDAQ looks bullish and might be doing a Wave III to the upside. However, the minimum requirements for a Wave II to the downside were not fulfilled. As long as we do not take out the Wave I high, it could be that we still make a new low as a Wave II. In the daily and 4h, it looks like the upward structure as a wave (3) is finished. Investors...
It is clear that there are signs of severe weakness in the current ascent, and this leads us to decline once again to the shaded area, so that wave 4 of Elliott base forms, from which the market maker and buyers enter strongly to make a new historical peak for the shaded area above.. Then we will update the market. Good luck Note: the analysis fails if the price...
Investors should wait for the pullback to buy again. Now we are rather in the area to take profit. Traders should analyze the lower timeframe for opportunities.
The pullback in the higher timeframe is ongoing. We had 5 waves up as an impulse in the weekly and daily. Investors should wait for the completion of the pullback to buy. Traders should analyze the lower timeframe.