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Ripple is now moving towards its final lows for this bearish correction. We are anticipating price to reverse around the 0.12 - 0.13 level but we'll see how price action is once we're near the bottom. Right now we can capitalise on the final shorts! Trade Idea: - Possible entry now with stops at 0.40 - Targets: 28, 20, 15 Goodluck and as always, trade safe!

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GBPCAD is currently in a big ABC correction. We saw a really complex midsection (wave B). We are now looking for bullish price action to catch wave C, which is going to be a massive 2500pips. Trade Idea: - we are currently seeing a brief retracement on lower timeframe. Watch for that to complete and bullish price action to appear - When bullish price action...

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In Elliott Wave, the C wave usually has 5 waves which follow the impulse schematic, which is: Wave 1 = 5 waves Wave 2 = 3 waves Wave 3 = 5 waves Wave 4 = 5 waves Wave 5 = 5 waves We can see that we're on the 5th wave now. The 5th wave is also subdivided into 5 subwaves and we are currently seeing subwave 4. Expecting one final move down (subwave 5) to complete...

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Following on from our last post, we indicated that there's a final bearish wave left. We are now on the verge of breaking down for the final time. Once this bearish leg is completed, we will be looking for bullish price action for the next bull run. Shorting Bitcoin here will be a bit risky with limited gains to be made. The bigger and better trade would be to...

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Atom has almost finished its corrective phase. We are anticipating one more drop before we take off. SHORT Trade Idea: - sell entries now with stops above 9.5 - Targets: 5, 4, 2.5 LONG Trade Idea: - Once price moves lower once more, look for bullish price action - Enter with stops below the lows - Targets: 20, 40, HODL the rest Goodluck and as always, trade safe!

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In one of our previous analysis, we showed a short setup from $23 with targets of $10. We achieved that target and made raw gains of over 50%! We blew past our short targets and now we are approaching the final legs of the bearish wave. We are expecting bulls to jump in as soon as this final bear leg is over. On lower timeframe we can see that we're making our...

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AVAX is following the Elliott Wave Impulse schematic. Wave 1 has given us a 5 wave impulse. Wave 2 is showing us a 3 wave ABC correction - We are currently on Wave C of the correction Wave 3 is the next wave we are expecting, which is often the biggest wave. Wave 2 - ABC A wave = 3 waves B wave = 3 waves C wave = Seeing a 5 wave move down (which follows the...

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On the higher timeframe, Bitcoin is on the 4th wave, which is an ABC corrective wave. We've seen Waves A and B and now currently on Wave C which is a 5-3-5 zigzag. 5-3-5 ZIGZAG: W has 5 waves (follows impulsive schematic) X has 3 waves (follows corrective schematic) Y has 5 waves (follows impulsive schematic) For Wave W,...

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Cardano is currently on the last and final wave of its bearish leg. In Elliott Wave Theory, the 5th wave consists of 5 waves, which follow the impulse schematic. Wave 1, 3 and 5 being 5 wave impulses and wave 2 and 4 being ABC corrections. We can see that we have been following the aforementioned rules perfectly. We are in the 5th wave of the major 5th wave....

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EURCHF is currently in wave 2, which is an ABC wave. Waves A and B were simple enough but wave C was a different story! A really complex flat correction. We have however come to the completion zone for the correction which is the structure level at 1.0088. We're anticipating wave 3 soon, which is often the biggest wave! Trade Idea: - Watch for price to come down...

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Our last couple of Bitcoin analysis were short biased. We seemed to have blown past our short targets, which made us reassess the overall higher timeframe analysis. From a macro point of view, we can see that Bitcoin is still following the Elliot Wave Impulsive schematic. On the weekly timeframe, we can see that we're still in Wave 3. Wave 3 has 5 subwaves and...

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When trading, it is important to have confirmations. Confirmations are when price moves in a a particular way which tells us that our setup is valid and even, ready for entry. We have 3 main types of confirmations. 1. Trendline Break This confirmation is very simple yet very effective. When price is following a trend, you can often find that there's a...

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In our last analysis, we were watching for the 5th and final wave down. We now have that move. Trade idea is pretty simple. On lower timeframe watch for bullish price action. This could be trendline breaks, BOS or any other methods to find reversals. Trade Idea: - When bullish reversal pattern appears on lower timeframe, enter with stops below the lows -...

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After the massive impulse in the first half of 2021, we have been correcting ever since. We are approaching the bottom and price is making a really nice descending correction. We are watching for the first impulse to break the red trendline to confirm that the bullish reversal has begun. We can see that we've also got divergence at play indicating a reversal is...

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Matic is approaching the third touch on the descending trendline support. We also have divergence in play there, indicating there's a bounce coming. To be on the safe side, we can wait for for a bounce and lower timeframe correction before entering. Trade Idea: - Watch for bounce off the trendline - Enter with stops below...

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ICP has almost finished its bearish ABC corrective wave. Wave C consists of 5 waves and we are in the 5th wave now, which appears to be a descending wedge. A descending wedge is often a bullish reversal pattern. The confirmation required is a strong bullish impulse breaking the wedge. For entry we'd require a correction to follow where we can mark up clear...

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Solana has hit the -27 fib extension for wave A. This could potentially be the bottom but with the crypto market as it is, it's better to wait for confirmation. Price looks to be in a descending correction, which is often a bullish reversal pattern. Confirmation required: - A big bullish candle breaking the red trendline - Followed by a bullish correction...

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The bullish leg of CHFJPY is coming to an end very soon. Elliott Wave theory states that waves 1, 3 and 5 have 5 subwaves. We can see that we're in wave 5 now and we've only seen 4 subwaves so far. Anticipating subwave 5 higher before the completion of the over 5th wave. Short Term Trade Idea: BUY - Watch for the break of the red trendline - Enter with stops...