In this CHFJPY 1-hour chart, Elliott Wave Theory suggests a promising SELL opportunity. The chart displays a completed impulsive five-wave sequence culminating in a peak at wave (5), followed by an apparent initiation of a corrective phase. The price movement has already formed wave (a) of the corrective phase and is now seemingly in the midst of wave (b), which...
In the USDJPY 1-hour chart, Elliott Wave Theory suggests a SELL opportunity is developing. The chart displays a completed impulsive sequence from points (1) to (5), followed by the start of a corrective phase. The completion of wave (5) at a significant high implies that the market is now in the corrective stages, traditionally consisting of an A-B-C pattern....
In this NZDCHF 1-hour chart, the Elliott Wave Theory suggests a potential SELL opportunity. The price action shows a completed five-wave sequence upward followed by a developing corrective pattern. We can see the impulsive wave sequence marked as (1) through (5), culminating in a peak at wave (5). The subsequent corrective phase, consisting of an A-B-C...
This 1-hour CADJPY chart analysis suggests a SELL opportunity, employing Elliott Wave Theory for strategic planning. The chart illustrates a completed five-wave upward movement followed by the onset of a corrective A-B-C pattern. From the peak of wave (5), a notable decline marks wave (a), followed by a corrective rebound in wave (b), which seems to be...
The GBPJPY 1-hour chart analysis suggests a potential SELL opportunity based on the Elliott Wave Theory. The chart reveals a completed impulsive structure, labeled (1) to (5), followed by the beginning stages of a corrective phase. After completing the fifth wave at a high, the pair has started to retrace, marking the beginning of a typical ABC correction. The...
In this USDCAD 15-minute chart, we are examining the potential for a BUY position based on Elliott Wave Theory. The analysis highlights the completion of three waves and indicates we might be nearing the end of the corrective wave (4), setting up for the next impulse wave (5). Currently, wave (4) appears to be retracing and finding support around key Fibonacci...
This 15-minute chart analysis of XAUUSD (Gold Spot/U.S. Dollar) suggests a possible SELL opportunity using Elliott Wave Theory. After observing an upward impulse wave sequence, we are currently in a corrective phase. The chart depicts a completed impulsive structure from points (1) to (3) and suggests a potential retracement as part of the corrective wave...
Learn how to read price! Learn where the key areas are Learn good risk reward Take notes on how FOMO and Euphoria behave, feel, and trade like Learn what tight tight tight looks and behaves like both up and down Learn the difference between CORRECTION and REVERSAL! Shorting is for the elite of elite Navy Seal Snipers!
The Fibonacci resistance level comparisons since the All-Time-High (purple) and the previous high (green) show a correlation to the main resistance at $29k USD. I am expecting a pump to at least ~$25k USD, which is the lowest fibonnaci resistance level since the beginning of March (previous high). I estimate the pump can happen from the 4th to 8th of July 2022,...
MOEX:RNFT is highly overbought and we must give time to let it to build up an energy a bit. My prediction is that it can find a bottom somewhere near 195. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
The chart shows a completed impulse wave (1 through 5), followed by the start of a corrective ABC pattern. Currently, the chart depicts wave (a) as complete and wave (b) in progress, with a potential wave (c) projected downward. The dotted line extending from the end of wave (b) suggests the expected path of wave (c), which is typically a move in the opposite...
For the USDCHF pair, my 45-minute chart analysis using the Elliott Wave Theory suggests a potential SHORT opportunity. We can see a complete corrective structure post an impulsive move up, labeled as waves (a), (b), and (c). With wave (c) underway, there's an indication that the market might continue to move lower. As per Elliott Wave guidelines, after...
Looking at the ETHUSD 15-minute chart, I'm contemplating a SHORT position, guided by Elliott Wave analysis. The chart shows a completed five-wave impulse to the upside, marked (1) to (5), which suggests the beginning of a corrective phase typically consisting of a three-wave structure: (a), (b), and (c). The initial corrective wave (a) is evident, and a bounce...
In this AUDUSD 15-minute chart, my Elliott Wave analysis suggests a SHORT position could be advantageous. The chart depicts a completed five-wave advance, followed by an apparent A-B-C corrective pattern in the making. The final fifth wave peaked and we are now seeing a typical retracement pattern taking shape. The corrective wave (a) has taken place, and the...
This 45-minute chart shows the GBP/USD currency pair in a clear ascending channel, indicating an uptrend. The channel is defined by two parallel trendlines: one connecting the higher lows and the other connecting the higher highs. The price action is currently near the upper boundary of the channel, which might act as resistance. If the pattern holds, traders...
The stock has given a multiyear Breakout in Monthly and continuing its momentum strong. It has decisively broken resistance ranges of multiple years 2010,2014,2015,2017,2022,2023. One may consider to enter on current market price and accumulate on dips for a target of minimum 410.
On the weekly chart of WOOUSDT, it appears that we are likely at the conclusion of Wave 4 or very close to it. This is inferred from the slight intrusion of Wave 4 into the level of Wave 1. In the volatile cryptocurrency market, such a minor breach is not considered a true break of the Wave 1 level for us, which is acceptable as long as it doesn’t lead to further...
Taking a look at the Gold market, we see a fascinating Elliott Wave formation on the XAUUSD 2-hour chart. It seems that an impulse wave has completed with the high of wave (3), and the market has since entered a corrective stage, finishing what appears to be wave (4). As Gold is a classic safe-haven asset, its price can be influenced by a variety of factors,...