Dear Colleagues, in the coming week I suppose that the price will go down. Tentatively, I expect a correction in the wave to the area of 50% Fibonacci level, after which the price decline to the support area of 2001. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, in the coming week I suppose that the price will go down. Tentatively, I expect a correction in wave b, followed by a price decline to the support area at 1.08477 with the completion of wave c. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I think that the strong downward movement is wave 3. Next, I expect the end of the impulse formation, then I expect the price to climb to the 50% target of the Fibonacci level 143.446. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, I suppose the price will go higher still. A Pin-Bar has formed on the chart. It means that buyers are not giving up their positions. I expect the price to reach the resistance area at 73.92. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Arihant Capital Markets Ltd: Riding the 5th Wave Impulse Daily Time Frame: Elliott Wave Analysis: Arihant Capital Markets appears to be in an impulse move on the daily time frame, with completion of wave 4 as a correction. Current Stage: Unfolding wave 5, with (i) and (ii) completed and a potential unfolding of wave (iii). Price Targets: Anticipating...
Dear Colleagues, I think that the strong upward movement is coming to an end and I expect a corrective movement to the area of 38.2% Fibonacci level 2014.626. It is possible to update the maximum. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, after yesterday's news, price disrupted my plans and my wave markup. At the moment I think that the price has almost formed a 5 wave structure and I expect a corrective movement to the support area at 1.09141. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, after yesterday's news, price disrupted my plans and my wave markup. At the moment I think that the price has almost formed a 5 wave structure and I expect a corrective movement to the support area at 1.26820. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The fifth day of this week is showing us some further movements towards the upper resistance zone, while yesterday we also had a nice liquidity movement to the lower zones (liquidation hunting). We are still waiting for this zone to be reached on BTC before any significant movement to lower zones (potentially reclaiming many unfilled gaps down there!).
Dear colleagues, after analyzing the chart I realized that wave 5 has either already ended or will end soon. The price can still reach the support area of 68.06, but I will consider only long positions with the aim to reach the resistance area of 74.15. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I think that the strong upward movement is coming to an end and I expect a corrective movement to the area of 32.8% Fibonacci level 1.25947. It is possible to update the maximum. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, having analyzed the chart I have redrawn the Elliott waves. I believe that the price formed a correction and now begins a major wave 5, which will reach at least the resistance area of 1.26498. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, I believe that the price is completing a five-wave impulse and I expect a corrective movement to the support area of 143.811. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, I believe that wave 2 has already been formed. This means that the price is in the formation of wave 3. I suppose that the price will go at least to 61.8% Fibonacci extension level of 1961. A small local correction to the swing area is possible. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, I have redrawn the waves and I think that the price is in a long downtrend. At the moment I expect a corrective movement in wave 2, which will reach the resistance area and 38.2% - 50% Fibonacci 2001 levels. But before this movement, the price may test the low of wave 1 (1975) or even update it slightly. Manage your capital correctly and...
After last week's strong move, we never waited for a correction. This may mean that the price will continue its downward movement. I believe that the price will reach the area of 100% Fibonacci extension 1975.753. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, after such a strong upward movement we saw an equally strong downward bounce. At the moment I believe that there are still some untouched sell orders slightly higher. I believe that the price will reach the resistance area at 2058.201. After that I will continue drawing Elliott waves. Manage your capital correctly and competently! Only enter...
Dear Colleagues, I believe that wave 5 is not fully formed yet, so the price will move down a bit more. Presumably to the support area of 70.81. After that I expect a strong corrective movement. Manage your capital correctly and competently! Only enter trades based on reliable patterns!