It looks like two alternative patterns are playing out: A final expanding ending diagonal in a 5th wave, and when diagonals do end, they target the beginning of the move very quickly. Or a B wave in a flat structure, which needs a C wave, and again, this will target the $3500 price. Both mean we will soon have an explosive ending and it will target the October...
FX:XAUUSD is holding strong, yesterday's economic news also supported the price. The price of metal forms numerous retests of resistance, as well as forms a pre-breakdown consolidation. The complexity of the situation is that we have a very narrow range and within this range the market maker will gain liquidity by any means, but sometimes there are...
Elliott wave theory Fibonacci retracement Fibonacci extensions Zig zag corrcetion Ending impulse wave
Elliott wave Fibonacci retracement Fibonacci extensions Zig zag correction
📊Australian dollar vs Canadian dollar analysis The analysis is based on Elliott waves in the medium term The market is in wave abc, which is currently expected to be at the price floor of wave b, and by maintaining the support of 0.88150, it can enter an ascending wave as wave c to the target of 0.89370.
📊silver analysis Silver is falling in 5 minutes and short term in five waves Currently, we are in wave 4 correction, which can continue to fall towards the target of 22.450
As you see on the cart clearly up trend in channel. And i think eliot wave is completed so now we are in the area of ABC correction. so i see an opportunity for selling. Min Target: 1.35
Bullish case: 1. End of corrective wave 2 2. Price-RSI Divergence 3. Price-Volume Divergence 4. RSI double bottom
A EW count on SOL showing the current low as wave ((3)) ended and current move up as a corrective rally (similar to winter 2022 rally, just a larger degree wave) So far, the technicals have played out very well, not perfectly but good enough to bank great profits on both sides of the trade. Just a projection, Not Financial Advise.
ZS gapped down on earnings and filling the gap now. Technically it can complete the Corrective ABC wave here and base above 180-200 . If the broader market turns bearish, the Corrective ABC wave can turn into bearish Impulsive wave. Long between 180-200 Stop loss 170 Target#1 - 260 Target#2 - 320, after a pullback Target #3 - 380, after a pullback
- We can see as follows that the IXIC has been following a comprehensive Elliot Wave movement respecting the weekly high and low Fibonacci levels - We could see a move down towards $14 723 at the end of Q1 leading into Q2 - evidence to support this is the RSI movement > Trading around overbought levels > We can also spot an RSI bearish divergence on the daily,...
Let's take a closer look at Nvidia NASDAQ:NVDA – a stock generating a lot of buzz. On the two-day chart, we observe a potential completion of Waves (3) and (4) between November 2021 and October 2022. As an alternative, we could see Waves (1) and (2), leading to the upcoming Wave (3). The targets are ambitious, and time will reveal the accuracy of these...
We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. This results in two possibilities: we are now working on a wave ((3)) or we are close to finishing a wave ((1)).
Are you holding Xrp since the times of Jesus christ? Great, you must have huge back and shoulder muscles... We are approaching the final stages of the sideways action before this thing decides to melt faces. They underestimated the sleeping dragon for a long time. Yellow, indicates that we are good to go. Red. bit more pain.
📉Hi Traders, Investors and Speculators of Charts📈 Leap years are somewhat mysterious with many countries and cultures celebrating Leap Day as something special. But do the charts also celebrate leap days? Just incase you didn't know, Leap years happen when we add one day to the end of February in order to align our calendar with the Earth's orbit. Once every...
Apple seems to be in a serious correction after having lost the top position in the largest capitalised company. It will have to innovate a lot to keep pace with the new artificial intelligence companies that are threatening to take a big slice of the pie. In our Elliot wave count it would be in a wave 3 with a target above 168 dollars