DISCLAIMER: Im not an Elliot Waves guru but only use the waves as a reference of a trend. BTC seems to have finished a three waves correction after which is seems to have started a new trend. What we know about trends is that it moves in waves as well, impulse correction, impulse correction, impulse correction... On a lower timeframe we can see a perfect...
Hello Traders, Hope you all are doing good!! We can see the momentum shift for GOLD. I expect more upside after the correction as shown in the chart. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position.
Bounced off the support so I'm expecting some bullish momentum. Prices also bounced off the range of the 61.8% Fibonacci level. Looking to catch and ride the impulse waves into the swing high area. Stop Loss set below the dynamic support.
The 1H structure has finally shifted structure from Bullish to Bearish by creating a Lower Low. I entered short when the Higher Low was broken. Will be looking to scaling in if price and structure gives chance. Note: This is only for educational purposes only and not signal.
Potential projection: Bitcoin could possibly be reaching the top of wave 3 of an Elliott Impulse Wave. Be on the lookout for Wave 4 to drop back down but probably not lower than 4300-4200. If support shows, be ready to ride wave 5 back up!! Maybe upwards to 60k! 50-60 Day projection. Thanks for your time!
Looks like on the H1 chart of GBPUSD we are in the middle of the 3rd leg of an impulse wave. Remaining Wave Targets: Wave 3: 1.3963 Wave 4: pull back to the 1.3853 or 1.3787 area Wave 5: should give us roughly the length of Wave 1 putting us around 1.4026
Good Day Traders !!! We just rejected for the third time this strong level of support around 1855-1853. We expect gold to start his impulse to the upside since we can clearly see that on the Daily we clearly tested almost all the level of the fib retracement during the correction and we expect to see a continuation to the upside. Also from an institutional...
Hi folks; ON EURCAD 4H timeframe we can see a divergence on MACD and the other hand RSI has a breakdown which is marked.So, we can see an impulse and Correction on the chart.we can expect the candles moves down till demand zone.After Breakdown and retest we can get short till 1.52787 or 1.50846 level as a target. JUST KEEP WATCHING FOR BREAKDOWN AND RETEST. I...
Good Day Traders !! On this pair we have a very strong impulse to the upside made during the past week as we expected, now the market started a nice correction to the 0.382 Fib level. for such a strong impulse we expect the market to retrace at least to the 0.5 Fib level which aligns perfectly with a strong support area and demand. We will be monitoring price...
GBPAUD has broke out of this asending channel with a massive bearish impulse, we are now waiting for a correction and market to test the broken support as new resistance, if we see a nice slow correction and all other rules are met we will be dropping down to our entry timeframe to look for a valid entry.
UsdJpy, after the bearish shark pattern comes the bullish 5-0 harmonic pattern. We are buying at market price due to the Bullish impusive wave from the lows in 5 waves Target will be 105.5, whilst above invalidation level 102.50
Hi, everyone, The gold market is in bullish sentiment. if we consider it as a start of a new impulse move of price action. We are still at 3rd wave of the Elliott wave theory. So hopefully we may see the gold price to change positions to new heights within the next few weeks. Thank you and trade safely.
looks to me like eth is gonna keep going based on this elliot wave fractal possibly repeating
Hey r tadomaniacs, Vechain seems to continue its UPTREND and has recently created the next Impulse-Wave. This could cause nice bullish confluence and so a break of the resistance-zone in order to create the third and extended Wave. Looking at the Wave-Sctucture, we can expect at least two more Major-Waves upwards in order to complete the entire Impulse. With...
looking long buy setup of GOLD .. what do you think guys.
Another setup of impulsive wave by QGMD. Had completed wave 1 and 2. Price likely move in impulsive wave-3 Good entry during pullbacks or corrective wave during uptrends - at wave 4. Riding the trends at wave-3 and TP at wave-5
Anyone in still doubt? Just look at the RSI trend-line retest. The uptrend move has been started and will break up next week.The current move we are in is a new impulse and will be full steam ahead, you have been warned. Get GDR on your watchlist and buy while its this fart low.