Technical Breakdown of XAUUSD
Correctively Reached HTF Structure:
The price has reached a higher time frame (HTF) structure through a corrective movement. This structure serves as a significant resistance level observed on higher time frames.
Impulsively Got Here:
Following the corrective phase, the price made an impulsive move upward, indicating strong buying...
Hello Traders,
We have an interesting setup on EURNZD. Between 23rd of Feb and 1st of May, we saw an upward move identified as a corrective wave ABC, with Wave C forming an ending diagonal. Recently, we saw a break of the ending diagonal pattern in wave C, setting the stage for a decline. The break of wave 1 to the downside further confirms our bearish outlook....
Price action tends to interact with AVWAP in confluence to the pending retest @ resistance. Fisher Transform oscillator on H4 suggesting the trajectory in time. An extensive wave inner impulsive bearish wave (iii) expected till local demand.
The silver market began the initial subwave of a new, major impulsive wave, marked as the third in a sequence. This cyclical pattern can be traced back to the year 1932, with the completion of wave one in 1968, the corrective wave two in 1971, the impulsive wave three in January 1980, the corrective wave four in 1991, and ultimately, a truncated fifth wave that...
EURUSD looks like a long but the EURJPY is setting up for a short.
I favour the EURUSD trade triggering and should it be a false start, the reversal should then be captured with the EURJPY.
With a risk-reward ratio of 1:2 for every 1 winner, we can afford two losses.
Hi all.
lets take a look at CHZ altcoin.
according to its growing platform and awsome plans for FIFA World Cup 2020 Qatar.
lets analyze it with Elliot waves:
CHZ starts an impulsive wave from 18 june 2020 and after end its 1st and 3rd wave
its near the end of wave 4th and will start the last 5th wave in coming days.
like you can see in my chart we are completing...
Hi all.
we have a long term analysis on FLUX in 1W chart.
as you see on my chart after compelete a full cycle of 1-2-3-4-5 and ABC waves
we have a potential to start a new impulsive wave.
of course this correction may be extend and lasts more.
i draw cycle lines (Blue vertical lines) and we see ABC correction lasts 2 cycles and now is in the end of cycle.
this...
XAUUSD - Elliott wave update - corretive subminuette abc
Upward rally from 1786 looks corrective in a zigzag subminuette abc.
Motive waves should follow in 5 waves to resume downward direction of 1 higer degree
Confirmation 1846
Invaludation 1869
XAUUSD - Elliott wave update - micro wave 2 of subminuette iii
uptrend impulsive in 5 waves subminuette or corrective in zigzag subminuette abc
micro wave 3 unfolding - test area 1879
invalidation 1836
XAUUSD - Elliott wave update - subminuette wave v ended
whats next : corrective or motive (impulsive or diagonal) at minuette degree??
right now subminuete wave 3 or c is running
key resistence at 1860 area
Cambium Networks Corp has undergone a steep 77% drop in value over the past year. What may seem like a red flag for many investors seems to be a safe play for me (and the Digital Surf Trading Community). In Elliott Wave speak, the current patterns at play for this stock are likely that of a Wave 4 (Extended Flat correction) where (c) wave has completed a rare drop...
