After a multi-year downtrend, Bombardier is headed for a correction, in the form of an ABZ zigzag pattern In a positive development, the target is in the range of 160 to 180
After years of falling dominance Bitcoin is heading into a correction, gradually reclaiming it back. The trend is holding in an ascending channel - this is positive At the moment, there is one more division left - the 5th wave The Fibonacci retracement to the plum is about 50% The target is 57%. Perhaps there is another subdivision lurking at the beginning of the...
After strong strengthening, the ruble again went looking for a bottom, which it does not have. At the moment of the high, near the top, the Central Bank of Erafia introduced a spread of about 30 rubles, so the top should be considered ~ 158 Taking into account that the correction started with an impulse, according to the Wave Theory this is only the first part of...
After a deep fall, Bitcoin continues its correction on positive market sentiment The correction is in the form of ABC zigzag where A=C Next reversal level $38
A deep fall is followed by a legitimate correction The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward C = A
A deep fall is followed by a legitimate correction The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward C = 1.618*A
A deep fall is followed by a legitimate correction The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward
Historical Reversal and New Cycle End of the centenary cycle Great Britain adopted the gold standard in 1920 The pound went up to $10 In 1931, the gold standard was abolished And the pound began its centenary decline
Resistance 28.5 Target 34 and 42 Support 24.5 23.2 20
USOIL A pattern of a series of zigzags is forming in the global picture, which suggests another final downward impulse in wave C
Wave counting for the next couple of quarters
Final 2 wave Maximum Maybe ~$43300
The 1st Target ~0.86 The 2nd Target ~0.57
Ends 5 Wave But She has several goals Target $3.35 Target $4.20 ;-) Target $4.80
Ending wave of correction 2 Next, we expect growth in wave 3 First targets $380-$400 or higher