hi Before it stock continues to the top, will be executing a pull back, going down until level 2184.00 into a descending channel! good luck!
Hi terminal figure in the shape of a symmetrical triangle and swing down to level 1.02191 good luck!
Hi we are within a second middle part of a several correction index. Technical reasons why i think its really possible a bullish breakout: 1) correction between a range level type (WXY) by segments W and Y in a zig zag 2) the price level is ascending into a big channel and going to target at point E 3) formation of a well-defined bearish bat harmonic pattern...
Hi After having made a false break crossing the upper axis of the descending channel (Bulltrap), we clearly see in the chart a continuity with a downward trend towards 50% fibo. Will the downward trend be definitive or will carry out a bearish trap to gain bullish momentum? Cheers!.
The price, after reaching a floor on March 23, started a bullish rally encapsulated by an ascending channel and confirmed by the crossing of its moving averages. The 100% projection has already been passed with enough definition. The question is: the price will go looking for the upper axis of the channel in his fibonacci projection 161.8% and price level 320.00...
Hi this pair reached a bottom on the level 0.8046 after that doing a bullish rally has been reached an extension on the price level 0.9112, now the price is within a sideward correction with a several possibilities it does a runing flat correction reaching the fibo goals down until 61.8%. The question is: will this pair respect the level 0.9112 until the...
Hi A bottom line was reached into the year 2015 and 50% fibo and price level 1047 after that, the price began to form an ascending triangle during two years until the completion of fifth Elliott- subwave and until the price achieved its bullish break and its impulsive wave of correction in the form of wave B. The triangle TR projection has been reached,...
Descending channel forming a five-wave corrective zig zag with projection at 161.8% fibo and price level target: 1651.5
Hi The price broke the bottom of the bearish pennant but failed to continue within his way to its projected mast. The price is boxed in a very narrow range between 2952 and 2786. The 2952 price level is a resistance just matching 61.8% fibo of the entire previous down segment. Will we continue to be encapsulated in the cumulative range or will it definitively...
Hi We see that the price could not break above the 1.10 level, this being already a resistance of the last rise segment in a b c. The price is forming a second bearish corrective segment in the form of abc, we will see if it reaches the price target 1.08 to bounce upward in waveform B and then be able to attack in the formation of its last segment of momentum C on...
we are inside a bullish channel whose price limit in the part of the upper axis is located at the price level 231.97 we are observing the formation of a rather complex shoulder-head-shoulder (s-h-s) figure, now forming the complex head of the figure in form of a double roof. We will see if after reaching the goal at level 231.97 it forms a huge range of right...
HI, WE ARE INSIDE A BIG DOWN CHANNEL AND COMPLETING A CORRECTION OF ELLIOTT TYPE ZIG ZAG IN C. WE CLEARLY OBSERVED THE SEARCH FOR THE APPROXIMATE UPPER AXLE TO FOLLOW THE DESCENT IN THE FIFTH WAVE EXTENDED TILL HIS PROJECTION ON 261.8% FIBO AND PRICE LEVEL 2308 APROX. LOOK AT POINT OF RESISTANCE AND FIBOS UP NEARLY TO UPPER AXLE OF CHANNEL FOR A POSSIBLE SHORT...
Here I leave you a technical analysis of Elliott wave cycling. The index has already made two cycle corrections, finding a floor at price level 8234 and corrective wave C guarantee. Now begins the rise in the form of a zig zag of five waves whose primary target is located at the price level 12359 and fibonacci extension 161.8% Cheers!!