elliotwavecount

Veejahbee

S&P 500 decline in a five-wave contracting pattern knows as leading diagonal from its all-time high. It's labelled i-ii-iii-iv-v in wave (a). According to Elliot Wave theory, a three-wave correction follows every impulse move, that's the subsequent a-b-c zigzag move in SPX. The correction retraced more than 80% of the impulse, retested the upper boundary of...

EW_MY

Preferbably Short against Long Until TP LINE.. If You Like please show some support so ill continue providing analysis

Veejahbee

Gold breakout of the descending trendline + resistance after completing an a-b-c triangle in wave 4. I will be watching the price for a potential retest of the broken level and continuation higher. While the price is still trading below the blue line, then it's a tug of war between the bulls and bears. The break of wave b high, the blue line, will give...

Veejahbee

The AUDNZD 4hr chart above shows a classic inverted H&S pattern. Price also broke out of the long-term parallel channel and support & resistance level. Price has the potential to retest the broken neckline as support and resumes a strong impulse move in wave (3) of iii. Entry Criteria: Buy from or below the current market price and put stop loss at the...

Veejahbee

AUDCAD reversed from the demand zone and completed a 5-3 wave cycle. According to Elliot Wave theory, once a 5-3 wave cycle is completed, the market will resume in the direction of the trend! The corrective wave unfolded has a w-x-y double zigzag in wave ii and already fulfilled the minimum requirements. Price has the potential to move higher in wave iii of...

Kidy-Kida

EU is about to reverse to complete ABC pattern. So as my idea, it's going to from Blue Zone (Resistant Zone). Thanks for interests. *_<

Veejahbee

Kindly support this analysis with your likes and comments! The Silver 4 hourly chart reveals an incomplete Elliot Wave impulse sequence from wave (b) high on the chart. It's labeled i-ii-iii-iv-v. Wave iii is the longest wave and its sub-wave of wave iii is also visible. According to EW theory, once the corrective phase in wave iv is completed an impulse move...

Waleed44

Following up with the NYSE:UBER stock movement, we might see a drop into the $36 or lower as a wave 2 correction (Zigzag Pattern). If this is the case it would be good opportunity to get in from there.

saucetrader11

AMD is looking to finish wave 4 to go into wave 5 of a larger wave 3 which began in mid 2018. Looking for a dip to the 50-61.8 to get a full position. In my opinion, AMD looks to be still in its wave 4 which may coincide with my wave 3 INTC count. (i.e. rotation from momentum to value).

saucetrader11

INTC beginning a wave 3 of 3. Looking to add on any dips. Looking at options a few months out.

Waleed44

Gold might visit the $1780 area to complete its complex correction. That's will be confirmed by breaking the low of $1850

saucetrader11

BAC is hitting some key levels. Looks to be finishing wave 2 of a wave 3 of 3. Play this if you prefer over JPM. I like this set up a little more, although JPM has a nice triangle. Looking to go long with a couple of diagonal spreads to reduce the cost basis of my monthly options.

saucetrader11

JPM looks to have finished a complex wave 4 in an expanding triangle. Looking for a wave 5. It is hard to be bullish on banks, but given the recent allegations again JPM and the trendline support holding, it may be worth a shot at letting some monthly options play out.

saucetrader11

Looking to add a LUV position after it puts in a wave 2. Will be adding around the 50-61.8 retrace.

saucetrader11

Potential SPCE wavecount, looking for an extended wave 3 of 5. Will add during dips.

saucetrader11

LRCX has reached the 1.618 retracement implying the possible end of wave 3 of wave 1 of an extended wave 5. It could dip a bit to 330 then up to 350 possibly. Then a wave 2 correction to the 0.618 retracement of the wave finshed wave 1 in the short term. After which wave 3 is expected of the minor wave 5. I will be going long after wave 2 finishes which may be...

Drunkmonk

$PFE sideways combo almost done. 5/15m tf swing long

BGTradeHouse

Looking for a bullish move , possible ending wave C recommendation : Look to buy