nezyrinfx

nezyrinfx

Here's a little update from my previous post in Oct 2021 on BTC ABC Corrective Wave. Looks like price is still in Wave (C) phase and a yellow box has been identified where this price decline will likely to end its Wave (C)(red) before climbing back up to make ATH.

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5 waves down suggest has been completed from peak of $1831 at the low of $1782. This could also forming as an Expanded Flat Correction ABC as alternate view compared to my previous analysis.

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In my previous analysis, i posted an WXY Correction that could do double correction towards $1864. Here im posting an alternate view where wave ((B))/2 (red) has already ended at the peak of $1831 and the start of a new impulse leg to the downside.

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Price suggest that 5 waves decline from peak of $1829 has ended at the low of $1786 to complete 3 waves decline of wave (X) from the peak of $1831. Price is expected to climb in another 3 waves ABC to complete wave (Y) somewhere between $1864 - $1873

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Price suggest that wave (iv) of (C) had ended at peak of $1807 and one more leg down is expected to complete this whole 5 waves down move for wave (X) before continuation to the upside.

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Some update on Gold waves looks like price is almost completing 5 waves down from peak of $1829 to make as wave (i) of (C) of (X). Anticipating 3 waves pullback to make wave (ii) before continuation down to complete the whole 5 waves structure of wave (C).

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A little update from previous analysis, price suggested to make wave (B) at the peak of $1829 and will make a price decline in 5 waves to complete wave (C) of (X) before continuation up for wave (Y)

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From the low of $1798, price seems to be making 5 waves. Could only mean another 3 waves ABC structure within this Wave (B) pullback. Since it's the NFP week, we can expect price will to behave erratically to trap buyers and sellers.

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Price suggest that it already made wave (B) of (X) and now anticipating price to make a decline for wave (C) of (X) before another push up for the completion of Wave (Y). As long as the low of $1752 holds, price still can make double correction towards $1863. If it break the low of $1752, then we will see minimum of $1707.

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A small update. Price suggest that it made 5 waves move to the upside from the low of $1789 that ends at peak of $1831 to make as Wave (W). From peak, price now is unfolding in 5 waves to make as wave A of (X).

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Wave looks like to be completing 5 waves up from low of $1789 and currently to be making wave 4 of C before one more high to be seen to complete this 5 waves move. Expect a larger pullback to make Wave (X).

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A little update on our waves for Gold shows that as long as price doesn't break the peak of 28th December, price is going to complete wave as wave (ii) of c of (X) and anticipating decline to happen soon for another 3 waves down to complete this wave.

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Another view that it could still make another high short term for 3 waves pullback for wave (ii) of C before the continuation down.

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A little updated on Gold waves looks like wave (ii) of C of (X) might have completed and forecasting price decline to take place to make 3 more waves down for this 5 waves to complete.

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Update from previous analysis, wave looks to be completing wave (i) of C of (X). 3 waves pullback expected to make wave (ii) before continuation to the downside to complete 5 waves for this C of (X).

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The wave movement unfolded after Wave (W) is formed could be forming as an Expanded Flat ABC to make Wave (X). Still expecting wave (X) to be made before another 3 waves movement to the upside to complete wave (Y).

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After price made a steep hike from the low of 87.70, price suggest that it ended the wave at peak 90.35 for Wave A (red). Currently price is pulling back for Wave B (red) before continuation for Wave C (red) before more downside to be seen.

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After Gold price made decline in 5 waves that ended at the low of 2nd Dec, price currently in the phase of correction. First leg looks to be an ABC that could be forming WXY Corrective Wave to turn higher.