BINANCE:XLMBTC As per elliot count shown looks like stellar is about to finish its complex correction for wave B with an ending diagonal, break of this ending diagonal would confirm the start of wave C which should surpass wave A
OANDA:XAUUSD from my wave count looking very bullish, confirmation of the same would the decisive break of B & D levels
Keep safe out there, i really appreciate feedback on this wave count and your comments are most appreciated
Pundi X NPXS has been going down for a while now, we can see that the down trend has started to slow in the past couple of months.
if the ellliot wave count shown on the chart is correct and this is a truly an ending diagonal for wave (c), i would expect to see a strong break out to the upside at least in 3 wave retracement.
feedback is appreciated.
Looking at the big picture we can see that a nice correction pattern materlized
Looking at smaller time frame 4H we can see that a complex correction is finished with an ending diagonal and we should see BATBTC explode into a 3rd wave.
Moment of truth should show itself soon, it looks like NPXS is finishing up with this long triple complex correction if this is true expecting a trend reversal and a break of the previous high i.e wave 3 or C is about to start ! watch out
it looks like BINANCE:POEBTC is on the verge of completing a complex correction, breakout of this ending diagonal to the upside would provide a confirmation.
Also we can see a nice MACD divergence on the daily which has been going on for a while. and RSI is starting to show nice divergence which can be seen clearly on the 4H chart
BTC has finished a nice impulsive 5 wave move finishing wave 1, btc currently in a small correction mode which should fall to previous wave 4 of the impuslive move thus gaining momentum to start the powerful wave 3.