sehinz

sehinz Updated 

YFIBTC shows a very distinct ABCDE pattern that started on Sept 12th 2020 and ended on Feb 9th The pair is now bullish with 5 waves swing completed on Feb 12th Now the question remains whether the correction ended or whether we are in a B that will be followed by a C towards the 0.77 level I prefer the second scenario considering the current choppiness of the...

sehinz Updated 

Here is my elliott waves forecast for the Verge for the next months to come. The pair is showing clear breakout pattern in progress with multiple nested 1 waves. Once the fork breaks, the pair should accelerate towards the key levels of - short term : 0.04 then 0.06 and finally 0.095 - mid term : 0.2 then 0.5 and finally 1 by June this year => More update to come...

sehinz Updated 

All in the title

sehinz

REPEUR has almost finished complete 5 waves down of the C. Should be up very soon to reach 200

sehinz Updated 

BTCUSD is still very strong in Weekly timeframe. It seems we are within a iii of a larger wave 3 which will end soon in the 3000 area. Once the correction ended (wave iv), we should close the sub-cycle and larger wave 3 at 8000 (set for now but may change). For the final wave 5, my guess is it will end in a diagonal. But we are not here for now...

sehinz

XRPBTC is ending a wave 4 into a ending diagonal. The area matches with a strong support (top of old sub wave 1) and the 200-MA. It should reach 0.0003 at least to complete the full cycle from 2014.

sehinz

Here is my updated view of the CAC in 4H timeframe. We are currently on a huge support since it matches with the top of 2015. If it holds and go beyond the wave 1 (@ 5442), we would go straight to 5750 which is a huge resistance and should then expect a deep retracement. 5950 is also in sight but it is not clear for the moment of the importance of it. Maybe a...

sehinz Updated 

XRPEUR is stuck in a pennant with clear compression on RSI. This setup is bullish and fibo extension shows us a target at 0.43 for now.

sehinz Updated 

EURUSD is currently at levels where the Y leg is not enough low compared to the W leg of march 2015 to believe in the end of the major bear cycle. In the next months, I expect thus a larger move downside which would lead below the 0.9 level.

sehinz Updated 

EURUSD is in corrective moves of the bear cycle since 04/10 and should end it at ~1.07. Price should then go down to 1.035 minimum to complete the cycle.

sehinz

USDJPY has been stuck in a corrective move since mid december and should get out of it soon. In fact prices are very close of 4 different supports : - 0.5 fib retracement - 200-sma - abc in AB=CD type - mid line of the fork The convergence of it should be enough to give impulsion to the pair to reach at least the 127 level

sehinz Updated 

From the chart it seems DAX is in the wave 4 of the cycle that has started on the 3/22. The index should end this correction between 12150 and 12050 to reach 12500 then. The trade is a bit risky due to past events but the R/R ratio is very interesting, so the plan is to observe the reaction of price in the area and open a trade if it is positive. However, if DAX...

sehinz Updated 

REPEUR should reach 13-15 to complete the bull cycle. Invalidation level is given by the mid line on RSI.

sehinz Updated 

It is clear that a reversal on WHEAT -0.60% will occur very soon. WHEAT -0.60% is dealing with the 10 years lows and has reached an area of supply/demand from the back of the 2005. Price has also met an old trend, confirming the importance of the area. Moreover we can see that a bullish Wolfe wave is being taken place. Despite that, an excess is still...

sehinz Updated 

Here is how I see DAX for the next months.

sehinz Updated 

Based on EW and my own prediction algo, here is my view of the dollar for the future. To be updated...

sehinz Updated 

Lots of people think a new bearish cycle is being started. This often occurs at the end of a wave 3 and generally leads to a short squeeze (wave 5). That's why I expect a final wave to come with a target at 2864. The time boxes match with the previous ones of the last bull cycle with a 2-factor duration.

sehinz Updated 

We are currently in a correction cycle of a bigger move (see related idea below) which should end at 1.08 - 1.085. Once the area reached, we should get - at least - to the parity on the pair.