Elliott wave analysis view for MSFT suggests the decline from November 22, 2021 high is unfolding as a flat correction. It turned out to be quite an interesting structure. Down from November 22 ATH wave (w) ended at 328.2 as simple ZZ, and rally in wave (x) is expanded flat ended at 343.86 (as we know each reactionary wave, labeled X, can take the shape of any...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
BITCOIN's Price possible retrace back to around 28000 at :- 1) Demand Zone 2) Support from parallel channel (cyan) ..for possible flat pattern in wave 4 (Yellow)
BTCUSD - Elliott wave – update - micro ((4)) micro ((3)) ended 40620 - micro ((4)) should follow corrective flat - 43275 area invalidation 43275
* Good earnings * Very Strong up trend * High 3-month relative strength in the Real Estate sector * Breaking out of a flat base of roughly 6 weeks with higher than average volume * Pays out dividends quite generously since it's a REIT Trade Idea: * Now's a great time to enter as the price is just breaking out and is very close to the broken resistance. * The...
Hi, today I want to talk about one of the old Tokens of the market that has been in its five descending waves for a long time. maybe you can think about invest on it. The name of the token is 👉 Wabi 👈 Wabi Analyze ( WABIBTC ) Timeframe 2D ⏰ Location🌊 : Fortunately, Wabi was able to finish 5 descending waves at 0.00000929BTC , then it started to run on ...
BTC Shocked many analysts one more time ! What is the most possible scenarios now? BTC proved 100 % today that those (including me) who expected a zigzag correction were completely wrong. But, this the nature of the market. Nobody can make 100 % accurate analysis and predictions.! I see what is going on Bitcoin as a flat correction. There are three types of flat...
1. Flat correction (3.3.5) ending 2. At demand zone 3. RSI divergence
CADCHF is currently showing us the perfect correction. In Elliot wave theory, this correction is called a Flat correction made up of 3-3-5. 3 waves - WXY (Wave A) 3 Waves - WXY (Wave B) 5 Waves - 12345 (Wave C - we are currently in Wave C) After the massive impulse in February 2021, price has been stuck in a parallel correction. Within that channel, we can see a...
Solana is incredibly interesting. It seems to currently have completed a nice 5-wave impulse of +43 000% in just a year and a half. Personally, I wouldn't mind if this here were to be a running flat correction - an ABC - to retest the primary trend line. Given that this is on the log chart, we're still talking a nice 45-50% retracement, which should be good...
I Have a bearish bias on xxxJPY . My confluence on CADJPY is the head and shoulder pattern and bearish flat
TESLA price may reach near 900.40 again where there is a "possibility" to form flat pattern in wave 2 (Red Circled) AS Price now may trending up toward wave (B)( Cyan/ light Blue) of the flat pattern..
Eurusd is expected to buy after the completion of the abc flat correction
GBPJPY monthly/correction most likely will be completed at around 160 after completing its flat correction pattern with wave 5 (yellow)..Also Price level of 160 would be a confluence area of 1) Major Supply zone 2) Monthly Down Trend line .. Stop Lost for the long is 149.184
possible retest 1821.5 (or higher up to 1827) before dropping again (1800 or 1797 or 1787) strong resistance at 1831 if 1831 broken see 1836 and 1844 or 1847 as next target IMO if 1787 retest then daily candle close at 1797 or 1800++ then 1844 would be next target (and possible target higher than 1844 especially 185x zone)
EURUSD is expected to sell after the completion of the running flat
CHFJPY is expected to breakdown to wave 4 of the Elliot impulsive wave. wait for pull down and flat correction to enter
Hi, I Came back again with Bitcoin counting waves. still, I am believing that Bitcoin was able to pass Main wave B at 48800$, also, As I said in my previous post ''Bitcoin Analyze (Counting Waves at Timeframe 15min)!!!'',❗️Warning❗️: over 46822$, my counting waves will be fail. and NOW, my counting was failed (Normal, counting waves can change). So I tried to...