I'm examining a potential short opportunity for USD/CHF using Elliott Wave principles. Our analysis suggests that the currency pair is nearing the completion of an impulse phase, which often sets the stage for a significant corrective downturn. The market seems to have completed the impulse wave sequence with wave (5) reaching its peak. This indicates that a...
I'm examining a potential long opportunity for EUR/USD using Elliott Wave principles. Our analysis suggests that we're on the verge of entering a new bullish impulse wave. The market has shown signs of completing a corrective phase with wave (4), and is now transitioning into what appears to be a bullish wave (5). This phase often offers substantial upward...
I'm analyzing a potential short opportunity for GBP/USD using Elliott Wave principles. Our chart suggests that we are nearing the completion of an impulse wave, setting the stage for a significant corrective phase. The market appears to have completed wave (5) of the bullish sequence. This setup typically indicates that a downward correction is imminent,...
I'm focusing on a potential short opportunity for BTC/USD using Elliott Wave principles. Our analysis indicates that Bitcoin is nearing the completion of its current bullish cycle, with the impulse wave (5) almost finished. This setup usually precedes a notable corrective phase, offering a strategic entry for short positions. Wave (5) completion: The chart...
I'm exploring a potential short opportunity for the NASDAQ (US100) guided by Elliott Wave principles. Our chart suggests that we are nearing the completion of an impulse wave sequence, which often sets the stage for a significant corrective phase. The market appears to have completed or is close to completing wave (5) of the bullish sequence. This indicates that...
I'm examining a potential short opportunity for the US30 (Dow Jones Industrial Average) guided by Elliott Wave principles. Our analysis suggests that we are nearing the completion of a bullish impulse wave, which often precedes a significant corrective phase. The market seems to have completed or is close to completing wave (5) of the bullish sequence. This setup...
Hello traders, I'm focusing on a potential short opportunity for XAU/USD (Gold) using Elliott Wave principles. Our chart suggests that we are nearing the completion of a bullish impulse wave, which often precedes a significant corrective phase. The market seems to have completed or is close to completing wave (5) of the bullish sequence. This setup typically...
Hello traders, I'm analyzing a promising long opportunity for XAU/USD (Gold) using Elliott Wave principles. Our chart suggests that we're entering an exciting phase of a new impulse wave. The market appears to have completed a corrective phase with wave (4) and is now transitioning into what could potentially be a strong wave (5) upward. This phase typically...
I'm focusing on a potential long opportunity for the US30 (Dow Jones Industrial Average) guided by Elliott Wave principles. Our analysis indicates that we're currently seeing the setup for a bullish continuation. The market appears to have completed a corrective phase with wave (4) and is now transitioning into what could potentially be an ascending wave (5)....
I'm currently evaluating a potential long opportunity for the NASDAQ (US100) using Elliott Wave principles. Our analysis suggests that we're witnessing the formation of a new bullish impulse wave. The market appears to have completed a corrective phase with wave (4) and is now transitioning into what could potentially be a powerful wave (5). This phase often...
I'm currently exploring a potential short opportunity for the S&P 500 (SP500) using Elliott Wave principles. Our analysis suggests that we're nearing the completion of a bullish phase, potentially setting the stage for a corrective downturn. The market appears to have completed an impulse wave sequence, with the final wave (5) potentially culminating soon. This...
In this hourly chart analysis of XAUUSD, we're tracking the gold price within a well-defined descending channel, offering a strategic perspective for a potential short opportunity. The price has recently touched the upper boundary of the channel and has shown rejection, signaling a bearish continuation as per the historical pattern observed in this channel...
In this 15-minute chart of the US30, we have observed a completed Elliott Wave sequence culminating at a high that potentially marks the end of a significant bullish phase. As the index now embarks on a corrective journey, I've applied Fibonacci retracement levels to identify potential reversal zones that could signal the beginning of a short...
Hello fellow traders, I'm currently analyzing the NASDAQ 100 index for a potential short opportunity based on Elliott Wave Theory, and I wanted to share my insights with you. As we observe the US100 chart on a 30-minute timeframe, we can identify a clear five-wave progression upward in the recent movements. Starting from the lows on May 2nd, we see the price...
I'm focusing on a potential short opportunity for BTCUSD by applying Elliott Wave principles. According to my analysis, we're approaching the end of a significant bullish phase, and a corrective sequence is now taking shape. The market is now entering what appears to be a corrective wave pattern labeled (a), (b), and (c). The wave (a) has shown a sharp decline,...
I'm currently evaluating a potential long opportunity for EUR/CHF using Elliott Wave principles. My analysis indicates that we might be entering a bullish phase following the end of a significant corrective sequence. The chart shows a completion of a corrective wave pattern labeled (a), (b), and (c), with wave (c) demonstrating a decisive final drop. We are now...
I'm currently evaluating a potential short opportunity for USD/CHF by applying Elliott Wave principles. Our analysis indicates that we are approaching the end of a significant bullish phase, and a corrective sequence is now taking shape. The market is now entering what appears to be a corrective wave pattern labeled (a), (b), and (c). Wave (a) has shown a sharp...
I'm currently evaluating a potential long opportunity for AUD/USD using Elliott Wave principles. According to my analysis, we're witnessing the end of a corrective phase, with a bullish impulse wave likely to take shape soon. The market is now entering what seems to be the beginning of an impulse wave, labeled as (5) in our analysis. The completion of the...