The only way i can decipher this motive wave development to give us a retrace and entry of a lifetime. You do know XRP will melt faces. You cant catch it because its a 3 wave unpredictable monster. Here is our potential chance if the count is good and we arent actually watching a vertical accumulation. *Advanced ElliottWave rules. Leading diagonals can be...
Hi Dude It seems Silver will be bulish for midterm and longterm, what's your opinion!? Saber
By looking at the chart, we find that there is a final upward wave remaining for the completion of wave C, from which a correction takes place for an average period that extends to two years before the completion of the upward movement again.
FX:EURUSD is unfolding within the framework of the downtrend. The price fails to reach the key support and gains a buyer amid the correction of the dollar index. The market is waiting for NonFarm Payrolls Chart on D1 - price has no clear global trend, the market is in neutral flat. A false breakdown of the ascending support line is formed, after which the...
From my analysis I am seeing a a short sell off to collect orders and form a Lower low. There after seeing a long to form a new lower high as we have had a change of character within the market. NFP might be the decision maker of whether we going to continue the bear run that we have seen for the week or change back to the bulls.
EURGBP has proven to be a very complex chart pattern. Given the very overlapping price action I believe we are dealing with a corrective pattern as shown by the numerous ABC (three wave) formations. Overall, I guess this is a WXYXZ pattern that currently is trapped in between a support and resistance zone (red boxes). My belief is that as long no significant...
The chart shows two potential ideas for a count based on Elliott wave theory. My main scenario is still bearish that will see price finishing a larg WXY formation (red color). Here, I believe price to be in a wave B (blue) of the wave Y. The alternative is that the WXY (red) has already ended and price will move higher. For now, I´m targeting the end of wave B...
the price is currently moving in a correction wave (wave 4)
FX:XAUUSD breaks records and updates the high to 2305, but technically, the implied target is still not reached. Today Initial Jobless Claims before NFP is published and the market may go into a consolidation phase. On D1 we see the dollar declining after a false break of the resistance at 104.94 as well as the downside resistance. Ahead of Initial Jobless...
Ripple ( XRP ) will put the banking system to the test. Many attempts to shut down this "wonderful" coin have been made. Still, it's alive, has a pulse, and it's barely getting started for the New Crypto Age. It will take some time indeed, until it would be implemented in the systems. All I can say is that, IMO, the Crypto Revolution is inevitable. Anyway,...
Elliott Wave Structure in Bank of America (BAC) shows incomplete bullish sequence from 10.27.2023 low favoring further upside. Short Term, rally from 1.17.2024 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 35.1 and dips in wave (2) ended at 32.35. The stock extends higher again in wave (3). Up from wave (2), wave 1...
Elliott Wave Structure in Bank of America (BAC) shows incomplete bullish sequence from 10.27.2023 low favoring further upside. Short Term, rally from 1.17.2024 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 35.1 and dips in wave (2) ended at 32.35. The stock extends higher again in wave (3). Up from wave (2), wave 1...
Analisa teknikal pada TF H2 diduga menunjukkan pergerakan akhir wave V gelombang elliot dengan bentuk leading diagonal, secara target teroritis akan melakukan koreksi turun dengan target 2260, 2242, 2223.
S&P 500 INDEX - In the midst of wave 3 which has still room to grow and then we see correction till wave 4. We resume journey upwards towards wave 5. Given target based on weekly wave analysis and no target is fixed as probable targets falls within the range #SPX500 #Elliottwave
XAUUSD is looking to complete wave 1 of 3 of 3 of 5. Looking for eventual retracement to 2163-2218.
My most bullish count has wave 4 (WXY) of 3 of 3 complete, looking for wave 5 of 3 of 3 to complete between 96829.17-98884.73.
(Possible) temporary top looks in. Bulls (in green) looking at zigzag to complete wave 4. Bears (in red) looking for formal impulse wave down.