Veejahbee

Veejahbee

Bitcoin has broken out of wave C of the triangle corrective channel and heading higher in wave D. Two days ago, I'm bearish on Bitcoin and I'm bullish now due to the recent price action formation. Am I missing out on the rally?  NO! Because as an Elliotician, I need to see a five-wave sequence to the upside to identify that the trend is now bullish. After which...

03:02

Veejahbee

Hi Traders, here is a detailed Elliott Wave analysis for #Gold This doesn't mean that you should buy/sell right now, it means that if you have a trading strategy, I recommend that you pay attention to this opportunity. Kindly let me know if you've any questions in the comment section below. Thank You!

03:36

Veejahbee

AUDUSD has just completed Elliott Wave double zigzag correction and heading lower in five-wave. Watch the video for more details. Thanks!

Veejahbee

GBPJPY seems to have completed Elliott Wave 3-3-5 regular flat pattern correction in circled wave 4. The wave (c) of 4 perfectly hit 123.6% fib extension + 4-hour order block. The breach of the green level will indicate that the correction has bottomed and the price is resuming higher in wave 5 of iii. What's your view on GBPJPY? Let me know in the comment. Thanks.

Veejahbee

ETHUSD advance in wave (2) is taking the shape of Elliott Wave w-x-y double zigzag correction. According to the theory, once the correction is completed the price will resume in the direction of the major trend. The breakdown of the parallel channel will signal the resumption of the downtrend. What's your view on Ethereum? Let me know in the comment.

Veejahbee

Hi guys! This is the first analysis I will be sharing on TradingView in 2022. EURUSD H4 Sell Trade Setup: We've been watching a triangle pattern together for almost six weeks now but the triangle has been violated and here is an alternative view. The triangle seems to be in the position of circled wave x of a double zigzag correction. The breach of the green...

Veejahbee

Hi Traders! EURUSD price action has been unfolding in a sideway and contracting manner for the past four weeks. This kind of choppy and time-consuming price action is the best fit for a triangle pattern in the Elliott Wave principle. According to the theory, the triangle is usually found in waves 4, B, or X. The current correction is in the fourth wave and if...

Veejahbee

Ethereum (ETHUSD) has just printed a bearish five-wave impulse sequence. This indicates that the current trend is to the downside. Once the three-wave correction is completed, the price should resume lower in wave 3.

Veejahbee

AUDJPY decline from wave 3 high took the shape of Elliott Wave 3-3-5 sequence known as Flat Pattern. This pattern is a corrective pattern and it is in the position of wave 4 in AUDJPY's case. Both Wave 2 and 4 follow EW alternation guidelines. Wave 2 was a sharp and deep correction (retraced 78.6% of wave 1) and Wave 4 correction is a sideway and retraced 38.2...

Veejahbee

USDCAD decline from wave B high is taking the shape of Elliott Wave five-wave impulse pattern. The corrective sequence within the impulsive decline follows the EW alternation guideline. Wave (ii) was a sharp correction that retraced 61.8% of wave (i) and wave (iv) is a complex correction and has retraced 38.2% of wave (iii). Price is expected to head lower in...

Veejahbee

USDJPY has been advancing impulsively after thrusting out of a higher degree triangle pattern. The impulse sequence seems to have just completed a shorter-degree triangle pattern in wave (iv). A rally higher in wave (v) is expected to complete the five-wave impulse sequence.

Veejahbee

GBPCHF decline from pink wave (b) has been taking the shape of classic Elliott Wave impulse structure. Price seems to have a complete wave iii. Correction is expected in wave iv before the final sell-off in wave v of (c).

Veejahbee

GBPAUD has just completed wave A & B of a zigzag pattern. The price is expected to head higher in five-wave to complete the wave C of the pattern.

Veejahbee

Hi traders! It has been a while here! :) Hope you're all doing well. AUDCAD rally from August low unfolded as a five-wave impulse structure and it follow by a three-wave correction. The correction unfolded as a simple zigzag with an ending diagonal pattern in wave C. According to EW theory, once a 5-3 (impulse-corrective) wave cycle is complete, the price...

Veejahbee

Hi Traders, Bitcoin has been a pretty dead market for investors in the past few months. However, the current market structure looks interesting as BTCUSD is building momentum for a big move. The chart above shows that Bitcoin's recent decline unfolded as a triple zigzag pattern. Wave z retested the wedge support line + strong demand zone. We might see huge...

Veejahbee

Hi Traders, GBPUSD 4 hourly chart price action is printing one-two, one-two pattern which usually occurs at the beginning of a new trend. Price is expected to continue higher in a third of a third wave in the days ahead. Any further decline must stay above the 1.37425 invalidation level for this count to remain valid. What's your view on GBPUSD? Let me know in...

Veejahbee

Hi traders, GBPCHF has been trading in a tight range but its price action makes Elliott Wave sense. After a strong impulse decline in wave A, a three-wave correction is expected before the bearish continuation. This correction seems to be taking the shape of the Elliott Wave 3-3-5 expanded flat correction pattern. Price made a three-wave rally in the circled...

Veejahbee

Hi Traders, I have been bullish in my last few Bitcoin Elliott Wave analysis I published here. However, I'm having an alternative bearish view due to the recent price action. The rally from $28798 low seems to be unfolding as a double zigzag correction. The first zigzag is completed and the second is in the making with its circled wave b unfolding as a triangle....