ProficientForex

ProficientForex

The Triangle pattern is completed in the 4th wave and ended in the range of 3086.47. To get the confirmation for the uptrend, the price needs to cross the range of $ 3347.68. This analysis will be violated, if the price crosses the $ 2950 range

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Gold has reached $ 1870 on the 240-minute chart, which is a significant range for the Expanded Flat pattern that is being completed in Wave 2. If the price crosses the range of $ 1832, we can consider it as the end of Wave 2 in this range, by monitoring the movement the target of $ 1736 for gold can be expected.

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In the weekly chart, the price is forming a Triangle Pattern. Currently, the price is in wave D of that. The structure must have 3 confirmations. In the daily chart, wave A is completed in the range of 111.68, also in wave B, we can see the Diagonal pattern, which is ended in the range of 102.59. To be able to receive the confirmation of the uptrend, the price...

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As you can see in the image, the price is in the main wave iii, in sub-waves of the last ascending wave, a Triangle pattern is formed. The price can have progress for the target of $ 53,000. The 60-minute chart shows the structure of the Triangle Pattern, also the confirmation of the uptrend can be received by crossing the price from the range of 37850. In case...

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By the price crossing the range of $ 1350, the uptrend in 5th Wave has been confirmed and the target of this uptrend is in the range of $ 1900. Note that this is the first target, by referring to the weekly chart, achieving the targets of $ 18,000 or even $ 37,000 is not out of mind. (Weekly Chart )

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The Darkest hour is that before the down, the great hope and light which always draws you towards itself. In Elliott wave analysis, these sparkling lights are the patterns, and when we encounter a pattern, we can build the whole path. What we have learned in Elliott's rules is the importance of the patterns, the most valued of these patterns are Diagonal and...

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Please be noted that the target of $ 13 is a long-term price movement In the daily chart, Corrective Wave of 2 has been completed in the range of 0.1700, and the price is forming the first uptrend in Wave 3. ( Daily Chart ) In the 240- minute chart, after monitoring the details, the first ascending wave has been completed in the range of 0.3721 and the...

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There is the probability that the last wave from the uptrend is under completion, which could continue up to the target of 1.3800. However, to get the main confirmation for the completion of the Diagonal pattern, the price should cross the end of wave IV (The range of 1.3446).

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The first uptrend was completed in the range of 0.098 and the retracement of this trend was completed in the range of 0.786 Fibonacci ratio, with the diagonal pattern. It is clear, the price is in an uptrend channel, that can continue to the target of $ 0.16 and further to the final target of 0.38 level.

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As you can see in the chart, the uptrend continues in wave 3, from the sub-waves of the 3rd wave, the price is in the wave of 5. The targets of this uptrend could be initially $ 37 and in continuation $ 80, when the 5th wave from point 3 ends. In many analyzes, the target price of $ 700 for this token has been seen. But I personally think the highest target level...

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The first ascending wave has ended in the range of 5.53 , there are two scenarios of corrective movement for this uptrend. The first scenario which has shown in color line is a simple corrective Zig zag, that is completed in the range of 1.1226. In the second scenario, the pattern of wave 2 is in Complex format, which is displayed in gray. In any case, in order...

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Evidence suggests that in order to be able to predict the onset of the Alt season, we need a descending bitcoin dominance. According to the 10-days analysis of the Bitcoin dominance, the probability of the formation of an Expanded Flat pattern structure is very high, and the targets for this downturn are in the range of 57.67 to 51.61. BTC.D : ( 10 Days ) On...

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The pattern has finished in the range of 1.5461, the first confirmation for the buy order will be received when, the price crosses the range of 1.5592 . Also by crossing the price from the range of 1.5310, this analysis will be violated. The potential volume of target for the uptrend is too high and around 500 pips.

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The pattern has finished in the range of 142.26, we are waiting for a large drop in this currency. This analysis will be violated, if the price crosses the level of 142.72.

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The completion of the Diagonal pattern in the range of 1.3701, and the advent of uptrend There is a scenario that the Diagonal pattern has been ended, and the downtrend has begun. To confirm this analysis, the price needs 5 descending waves and a break above the level of 1.3446,.

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In the daily chart, by checking the details of the waves we can see that wave i from the sub-waves of wave 3 has completed in the range of 133.04, we are currently in wave ii. In the 240-minute diagram and in the details of wave 2 from sub-wave C, a diagonal pattern is forming which we can consider it as a terminated wave in the range of 142.03. To confirm the...

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In240 minutes chart of the uptrend from the range of 3511 to 3833 is in the form of 3 waves which confirms the scenario of the formation of the Diagonal pattern. Currently, to get the the confirmation of the downtrend,the price should not cross the range of 3841,because the 3rd wave should not be shorter than the other waves. By crossing the price from this...

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EURCAD: Diagonal pattern in the weekly chart, Triangle pattern in the daily chart ( Weekly Chart ) In the weekly chart, the largest waves have a triple structure, so monitoring the charts shows the end of the chart is in a form of 3-wave pattern that starts from the range of 1.2129. According to these explanations, the price is forming an Ending Diagonal...