Another little inner wave is over.I expect it to bounce to the nearest resistance zone.
I believe it is forming a formation for an upward move. If an uptrend bar or trend break comes in, it might be wise to consider
3 waves seem to be finished. I'm waiting for it to go up in wave 4.
The 5th wave is over and the rise can be expected.
If another down wave comes, there is a possibility that btc and all altcoins will start to rally up.
Today there is an explanation that concerns usdcad. "BOC Gov Macklem Speaks" The movement progresses in a harsh extension wave.But I saw a small deviation at 1.275. Presumably, Cad will try to hold its trend until the BOC announcement tonight (maybe one last hard pin up), then wait for a wave of correction. Follow Ema 20 or the white rabbit
Internal count and volume support my 4th wave thinking If so, it can create a short and then a long opportunity.
Wave counting in this horizontal area goes no further than fortune telling. But to show that there is such a possibility, I shared it with you. If the wave I marked with C at the end is impulse wave, long pose can be searched.
Another downward impulse wave is ending. For a long trade, you can look for 50% withdrawal at the engulf bar.
The current view is that wave A is 1-5 impulse waves. Therefore, the downward C wave after the B wave can give a good short opportunity. --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
1-5 impulse waves finished I'm waiting for a jump to fill the gap --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
Gradual purchase can be started from the blue zone. --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
The 1-5 impulse wave seems to be over. The only problem is the expected increase in volume has not yet Even if the decline continues, a nice profit can be taken with gradual buying. First target from here 47
A sharp wave of decline may have come to an end. Elliott internal count indicates wave 3 may be over Volume increase and rsi divergence positive If so, we can try the chance to win around 30% money.
The impulse wave may be over. Wait for the trend breakout --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
The impulse wave may be over. TP1 bottom of 4th wave TP2 .5 fib
Most likely after spending enough time in wave 4 it will move up towards the last wave