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.
BITSTAMP:XRPUSD has bounced sharply after finishing Wave C in an ending diagonal.
Ripple also made 5 waves up now almost finished abc correction, also making inverse Head & Shoulder formation, Ripple looking to break that nickline and we would not be surprised to see ripple jump to 0.9$ and even further up.
Looks like XRPUSD Ripple finished the long awaited complex correction as per my idea below
Ripple now showing signs & pattern such inverse H&S with the right look for volume, ripple broke the nickline but is now testing it again expecting an expansion...