On Week Chart Fetch.AI is happening the fifth wave that's begun from 0.53 I expect this target will hit 1.53x by 1.382 Fib Re at 0.61 However, Fetch.AI has resistance ahead Wait for next move
Bitcoin pleased us with a good upward movement, but it won't last longer than 1 month. Final targets for this growth are ~38000$ or ~40000$. There after some confirmations will be good position for buying PUT options or trade Short.
Weekly Chart I figured out the impulse wave begin from 0.777 Now, it's trading around 1.975 and going up further with the target is also resistance around 3.0 That's 1.382 Fib from 2.025 I expect RUNE will pullback to 1.5 before come back to contention Wait for next move
A possible motive (impulse) wave is forming on GBPCAD with current ascending triangle pattern hinting for a possible advance towards next supply zone. Good opportunity for optimal RR ratio trades. I'm looking forward to catch the 3rd wave.
Chart 4H TF I found out the first impulse wave begin from 0.19 to 0.273 that is the first wave then the second one, correction wave has done at 0.197 and the third one is happening Target for this from 0.32 to 0.345 And MAV has support by ascending trend line If BINANCE:MAVUSDT break support or invalidation level, I wait to count again Time will tell
The global trend on USDCHF is bearish. The recent price action in USDCHF suggests the conclusion of a corrective wave of a higher degree wave 4. This corrective structure appears to have ended, potentially paving the way for a significant downward movement within wave 5. In light of this, I'm anticipating a five-wave impulsive decline, with a minimum target set at 0.85546.
Elliott Wave Analysis:- View 1:- Triangle was formed and breakout happened and waiting for the retracement. Once retracement took place we can enter into the trade with safe trade setup with Stop loss @ 1396 . target 1:-1500 target2:-1575 View 2:- There is a Flat formation in 4the Wave. expanding flat is getting into picture. Wave B crossed wave A...
Elliott Wave Analysis:- Everything was explained in the previous chart. Link was attached below. this is an alternative view for previous chart. final impulse was a doubt. I'm not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor.
Daily Chart ChainLink BINANCE:LINKUSDT is in correction phase come back to $6.7 if it can hold above that support, it will return strong and fast for next bullish. The fifth wave will reach around $9.4 if LINK doesn't break down the ascending trend line. So wait and see what happen
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The current price action is aiming the next demand zone as shown on this 30m chart. That impulse bearish movement, as expected, based on Elliot Principle, is about to happen. Bearish divergence on Chaikin Money Flow.
Just updating that 30m chart, in which price action (micro triangle break) seems to be igniting the terminal leg downward v of the impulse wave 3 inner a right-angled structure, likely an expanding ending diagonal. Plus hidden divergence on Chaikin Money Flow.
Bear trend in potential as the price action signalize a potential impulse wave 3 start, aiming local demand zone, as well a breaking micro triangle is forming wave 2 peak.
I have been studying and experimenting with the original Elliott Wave theory for several days now. I've delved into the concepts and this is just the beginning, only 10 out of 100 in terms of results. Clearly, 90% is still incomplete for me. So, I'm looking for something more exceptional than this. Sometimes, time might help me develop something better. Haha... :)
Crude oil is in a nice uptrend, making some very clear extended impulse from 70.20 area where fifth wave can be extended. We also see price now approaching the 161.8% Fib target, so intraday traders should be aware of some slowdown, possibly back into wave four before uptrend may resume. If wave four is really near, then nice support is at 75.32. Also, at the...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Bearish Impulse wave in development. Technical analysis up-to-date. After the fake-out from the major contract triangle, we can see clearly the direction of an inexorable leg downward. New levels for watch. Price action is currently retracing to the micro supply @ 239 region.
The market peaked in a rising wedge pattern completing leg V of a major contracting triangle. Price action ahead is about to drop in a bearish impulse wave.