Gold (xau / usd ) Looks like E wave is pending , we are playing inside the triangle , soon we will be breaking towards the upside , i am bullish in gold higher time frame !! Targets are 2000$ . 2100$ ,2300$
The RBNZ on their last meeting started the tapering program so that a bullish move for the NZD hence after tapering its rates hike. on the bigger structure the market is completing a WXY patterns that's in the same direction as the fundamental outlook. Note any correction will offer short term buys and any positive developments in the economic data should fuel the...
Im new to Elliot Wave theory but if this layout is correct then are we headed toward an ugly multi year ABC corrective wave (bear market)? Let me know your thoughts
Silver looks like bullish mode on !! we might see some small correction then we can see some pump in this !! , let's see what happens
Looks like it wiil be dropping in this week harder , we can make some good money here ,wait for retracment then do the sells
From a weekly point high to low, the retracement to 0.236 was completed. with the previous wave failing to make up to 100 Fibonacci extensions, ruling out a possibility of a Wave 3 weekly and to a Running ZIGZAG. 4hour timeframe forming wave 1 daily.
Only sell setups for this pair because of y or c and that's gonna b very steep and sharp quick to the downside don't buy it warning. Not a trading or financial advice do your own ta thanks. Ignore the previous one tysm.
Hi Traders, Chart shows it all. In my oppinion very good RRR setup, but consider your trading strategy and implement it. Also please share your EW Count or trading idea about MATIC ;) PS: Matic could be also very good coin for long term hodl but we will see. ;)
I still believe that we are one more bearish count and this could be set up as a bull trap. GOOD LUCK!
Good morning everyone, Today we are looking at are Forex chart as I think this could be an amazing swing opportunity for us. Sadly I didn't had the time to post this analysis when GBP hit our 124% entry which would be for you guys obviously the best entry too. I suggest to entry sells, when GBP is done retracing the previous sell-off movement that saw on 124%...
The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors.
Hi Trader, I’m glad to provide you with my new idea about Gold (XAUUSD). The last Idea hit successfully both of our take profits – it even went further. Nonetheless, price action changes day by day, so does my analysis. Gold closed at a price around 1750.46 on Friday’s US session. What I noticed is that we are currently forming a triangle in which the inner...
Based on the elliott wave I came up with my own plan , the expectation goes right and we'll be consolidating here (where is this? )
I’ve been wondering why there are so many chartists willing to bet that BTC is about to correct back down to $30k or lower, but now understand that this belief is routed in a misinterpretation of the Elliott Wave structure of the recent Bitcoin correction. Let me explain... An incorrect ABC wave count of the Bitcoin correction might look like the following chart,...
Now in D1 tf of GBPUSD the market is in a corrective phase of ABCDE formation to complete wave 4, expect bullish continuation in a long term since wave 5 is not complete
Unless it continues to go sideways and ends in a contracting or barrier triangle, i think we continue down one last time, unsure bout my previous drop to 20k, but not out of range of possibility This count here, is also valid as it refused to drop below top of w1 on this exchange at least. so maybe a miscount and we go up?
As we see on the EURUSD chart we ccurrently are in the fifth wave to the downside and soon we will complete our A wave