There is an increase in the buyers' momentum and there is a correction that did not break through the wall of the wave with increasing momentum The price is now in a range, if the range is broken strongly we will see a rise to further levels
Regular flat elliott wave, if the momentum increased in 15 min chart. that is the main condition
Regular flat targets (24700 - 25400)
Fail if the momentum is lacking.
Not Financial Advice
Gold most likely is forming a “regular” flat pattern ( where wave “B” “Cyan“ retrace > 90% of wave “A” “Cyan” And wave “C”” Cyan” about the same length of wave “B””Cyan”)... AND building its “base” with a “footing” @ around 1680.. “ The whole foundation “ of “the base” might take 2-3 years more to complete with “last piling “ @ around 1540. Before “ launching “...
I want to publish my analysis about MATIC (MATICUSDT Timeframe 4h ⏰) on Tradingview (First time). Also,❤️ Matic ❤️ is one of my favorite Coins.
Location : MATIC was able to pass the Main wave 3 at 2.7$ . Now, MATIC is running at Main wave 4 , and we have to find the end of microwave C of Main wave 4. The end of microwave A of the Main wave 4 was...
Good morning Traders
Bitcoin (BTC/USD) has been expanding in a corrective manner since the covid crash back in March.
I reckon there's a pretty decent possibility that the current uptrend and final C wave of (B) completes somewhere between $16-19k to complete a macro regular flat correction.
IMO we should get a 1:1 extension of (A) which would have bitcoin...
I am looking for a bigger correction on the indices. We have a potential regular flat forming. What is important is that we did take significant liquidity.
The next step is to look for corrective price action or any of our entry patterns to get short.
As it stands right now I have no orders but watching this one develop.
If it will just shoot back up I will...
I've added notes to the chart that validate why I believe this is a buy opportunity based off of using the Elliott Wave Theory.
I believe we are in a corrective structure of a regular flat (3-3-5), moving into wave C.
Price is currently sitting in a demand zone.
The craft of trading is like solving the greatest financial puzzles using mathematical equations and behavioural structures. F
Gold has been one of my favourite markets to trade due to its structure, and precious ability to act as a safe haven when everything looks gloomy.
I am not painting gloom as yet, but will definitely capitalise on the next drop. Don't...
Today we will talk about FX:EURUSD before tomorrows Congressional Elections, so something big can be preparing.
What we see is that EURUSD bounced exactly from 1.1300 strong psychological support level for the second time, which looks like a potential double bottom formation?!
Not only this, even our primary tool Elliott Wave suggests more upside...
Hello my Crypto friends!
Today I'm posting update on XRPUSD. In my previous XRP analysis, i forecasted an impulse up. XRP went up, but I don't like how this move behaves. It's too corrective for the impulse in my opinion. So, I'm only changing the view of this correction. I think XRP is in the B wave. I'm expecting down move before the impulse. Guys, don't miss...
BITTREX:ETHBTC looks pretty clear with five waves up from lows and regular 3-3-5 three-wave A-B-C correction. ETHBTC currently trading in wave (4) of C from where we expect another decline into wave (5) of C towards 0.070 psychological strong support level, where ETHBTC may come to the end of correction. Just keep in mind that we need impulsive five waves up from...