This Elliott Wave count for the 2nd wave of the correction shows how to use a, b, c's and x's to label the waves, due to the fact that there is so much overlap between waves. A lot of Technical Analysts try to label upwards corrections with numbers 1 thru 5, and wind up showing the fourth wave trading in the range of the 2nd wave. It's an Elliott Wave rule that...
As its shown EURGBP is completing b wave of a flat. The b is a diametric pattern and g wave of b is forming. It is expected to coming up from 86/70 level of price to reach 89/00. Be in contact with at telegram id ernestcheg
#XAUUSD chart pattern is reverse contracting triangle. I expect to happen a slowly falling under 1200/00 level of price as TP in the format C of (E). Set the stop loss above 1390/00.
According to the previous analysis; and by completing the pattern, Bitcoin managed to break 6800 major resistance. We are discussing the possible scenario in this post.
Here we are analysing only the possible structure using Elliott Wave Patterns and we are not indicating any price point or time-lines...
The complex structure of #BTC which started in early 2018...
