On daily chart look like next target for price is downside to complete correction
After making 5 wave of degree 9 price had reached target 1 2 of target w5 ext5 so after that we expecting a correction abc.
Look like price want to break structure to correct impulse move, if it break 14000 is bearish
I think after making 5 wave we have a wave a down and price will range around 45000 than making c wave down
After making 5 wave we expecting abc correction, and now look like we in wave b, if price have strength to break 3 maybe we will have ext 5 but this possibility is lower than wave c down
In semi log chart By Elliott wave count indicator we can easily count current wave is wave 4 but we don't know if we are in wave 5 or not, it count be flat correction, current price action still look like bear flag, so price need strength gain momentum to continue bullish, if it break previous high we can more confident it is wave 5, if it break last low which we...
As we can see on chart googl now in ext 5 so let turn on target on indicator, If you don't know how to target wave 5 here is some education Price had reached target 3 of ext 3 target and target 1 of ext 5 target, so it can be end of wave 5 or if it continues break the high 3222 is the next key area If price fall after making ext 5 correction will be sharp so we...
By Elliott wave count indicator, we can see look like we completed a impulse leg it maybe a high degree or wave 3 of 5 as chart above First target for correction is wave 4 and 2nd if it maybe a correction of high degree is full length impulse
As we can see ISRG have a blood day -4.35%. this is the Elliott wave count indicator perspective, now we in correction phase, and target for correction is previous wave 4
After making 5 wave in high degree price now in correction phase Price action of current wave look like wave b so we can expecting wave c down to correct previous impulse
Price near target 2 of target ext 1, maybe wave 5 will end soon
By Elliott wave count indicator we can see wave a is impulse so we can expecting zigzag correction to previous wave 4 of last impulse on daily chart
After reach target 1 2 of ext 5 price had drop expecting correction go to last wave 4 of degree yellow of indicator If you don't know how to target here is some education
On weekly chart NFLX entered wave 5 as we can see. Target for wave 5 is 620 and 700 area. Let breakdown to daily chart On daily chart price action look so bullish, look like we have a small degree maybe we will have some small correction than we can expecting continue trend
On daily chart of XLF we have multiple wave 5 of different degree very bullish, but now we have a complete 5 wave in small degree so we can expecting price calm down a little bit, so after that if it break previous high it is a good opportunity to buy short-term and midterm
On the weekly timeframe we can count it completed wave 3 and now we are in wave 4 Let zoom in and consider the count on daily thumbnail chart, we can it look like flat correction, and now it retesting trendline, it can break trend line to continue trend or reject to continue wave 4, we know that correction of oil take More Time, and wave 2 look swallow, so we...
a triangle had form on UJ, which way it will break we don't know yet but normally it will break follow last impulse wave direction.
First look on chart after a small impulse price had a rally I think possible now we are in wave 4. Let zoom in and consider the count. My count on 4h look more clean, with ext 3, and price action for wave 4 Correction of doge quite long, see history correction below.