Hallo everyone, markets are crazy lately and beside the fact, that Germany is in a recession period the DAX were climbing up for several ATHs in the last weeks. I think this should find an end very soon, as we are testing the ultimate resistance area formed by trend lines from ATH prices in the past. Also my wave count is pointing to an fifth wave of a fifth...
WIPRO multi time frames charts updated Weekly Chart Daily Chart 4 Hourly 60 Min In this educational case study, we delve into the chart analysis of Wipro using Elliott Wave Theory. Our analysis focuses on identifying potential wave patterns and understanding the current wave structure for educational purposes only. Overview: After a significant decline...
Dear Colleagues, it looks like gold is completing the impulse wave "1" of higher order and I expect the price to finally decline to the area of 50% Fibonacci level 2231. The decline has been expected for a long time now and the main thing for us is to catch a good entry into the market! Watch the risks! Manage your capital correctly and competently! Only...
This TFW wave analysis in this scenario of a 5 wave expanding diagonal structure: w.1 - completed Dec 2017 w.2 - declined @ 78.6% of w.1 w.3 - an impulse 5 wave @ extension 361.8% of w.1. w.4 - also @ 78.6% of w.3 ABC structure (alt count 1-2-3-4-5) overlapped w.1 zone by 10%+/-. w.5 - currently preferable ABC or 123 structure with a complex w.B/2 wave correction...
SOO, nowdayz good projects are rarity, but ENA is what u want to hold, I guess. Binance was very kind and generous(NO) to let us farm some tokens, and its brand new thin', we all wanna pick up. ANYWAY To be honest, I don’t like everything related to ETH and its commissions, I also associate the word ETHENA with something bad, and you will understand this if you...
since I don’t really believe in GameFi, this is probably the only game project that I will consider The graph here is strange and nothing but Diagonal comes to mind HOWEVER you can look at the chart yourself and figure out whether some kind of growth is possible here, if since listing on Binance the asset has made 2500%+ I think (but don't know), that its possible...
Hi there, my dearz! Tha time haz come to reveal newcommers of this bullrun! mista namba van - attractive brunette with his project with chatz, walletz and total surveillance. Paul's Du Rove';z TON! The giant Mr.T gave the first impulse 1-3-5, and now we have 2 paths. Or is it 1-3-5 of the 1st degree - then we can expect a deep correction of wave 2 (from 0.38 to...
XRP is getting close to completing the 2nd Wave of the 5 Wave move to the upside after breaking out of the Cup & Handle formation that I identified in my earlier posts these past few months. It looks like we could see a turn around, and the start of the 3rd Wave around, or shortly after the eclipse. Good luck, and always use a stop-loss!
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.
I recently gave an explanation for b-waves that stated: Sometimes B-waves can be difficult to track as an Elliottition. B-waves, and wave 4's serve a very healthy, potentially complex, but totally rational role, in the advance or decline of price within a market place/security. They represent the competing viewpoints about the direction of a security and it is...
We are currently in a 5th Wave of a GOLD cycle on the weekly timeframe. This 5th wave is what we see currently developing as a potential ENDING DIAGONAL If we are able to see a strong reversal pattern from where price currently is, that may be the beginning of the 4th wave of the ENDING DIAGONAL
After completing the first upward Impulse wave, we've seen a downward correction in the form of Wave A, followed by a complex correction Wave B forming an ABCDE triangle pattern. Now, as the triangle appears to be completed, we anticipate the breakout of Wave C to the downside, with expectations of it continuing towards the Fibonacci 61.8% retracement level.
Dear Colleagues, we expected the price to decline, but it seems that the upward movement is not over yet. I expect the completion of wave "5", then a corrective movement in wave "B" of higher order in the area of 38.2% - 50% Fibonacci levels (83.62), after which I will consider only long positions to the resistance area of 88.00. Manage your capital correctly...
PEPPERSTONE:XAUUSD Following the principles of #ElliotWaves, when waves 1 and 3 form without any extension, then wave 5 tends to make approximately the same magnitude in the same amount of duration. Wave 1 - Magnitude - ~ $76+ in ~ 2 D and 17 hrs Wave 5 - Magnitude also made ~ $76+ (Short of 60 cents) in ~ 2D 11 hrs as of this post. In this scenario, when...
Silver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, that's a very big triangle that can be coming to an end as metal is turning higher now and breaking the IMPORTANT trendline resistance of this contracting range. Ideally, A-B-C-D-E pattern is finished, so be aware of more upside,...
gold update most likely count ending diagonal. Just completing wave 5 of c of wave 3. Wave c can reach 2300-20 area to be determined 110% extension at 2300 likely. Wave 4 back into territory of 1 62% 1980 target. Before wave 5 which can target 2460.
It could be Elliot Wave Expanding Flat correction as well as Wedge. In the first case buy out target ~ 0.1, in the second case - 0.137. According to oscillators i anticipate the both figures will work out: 1) EWI Expanded Flat 2) Wedge. If uptrend is too much powerful we will see the price bump out on the level where wave A started ~0.17
Hi. KUCOIN:GTAIUSDT Today, I want to analyze GTAI for you in a 9H time frame so that we can have a SHORT-term view of GTAI regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). 🔵We have a Bullish Structure here GTAI formed a falling wedge on 9h timeframe🤔 Up we go if we do breakout , ended...