start wave 3 of elliotmacd give us a posetive divergence and according to chart that complete the wave 2 we expect wave 3 BINANCE:BNBTUSD
Ellottwave
DOGEUSDT looking bearishDOGEUSDT looking bearish.
1) Break the support
2) present market sentiment
3) falling RSI
4) FIBONACCI 50% level act as resistance
note- this is my idea only, if you agree consider it otherwise just ignore. #mrspray
SHORT NIFTY NEXT WEEK FOR 14500c4 wave should take the nifty to 14912 on monday(5th April)where upper hands unload their longs and add shorts
Let us be on that side ,we do take shorts for a while
targets given
enjoy trading
B.selvam, Neowave analyst
LTCUSD ELLIOTT WAVE PATTERNSCorrections on LTC/USD the form of triangles, we just have to be patient.
Huge confluence of patterns - UsdChfLooking for buying opportunities
1. at the right shoulder and/or 61.8% fib retracement , invalidation level comes in below the Head of the head and shoulder pattern
2. a buy stop if neckline is broken (green circle), invalidation level will then be at the right shoulder
The 61.8% fib level entry will also be equal legs for the abc correction
Target will be at the 200% Fib Level (equal legs from the head to neckline)
Great risk reward ratio trade
Will update as this trade develops
the Best Risk reward trade for next week - UsdJpyUsdJpy 5 waves up, and now busy with a WXY correction
Whilst above that invalidation level, this could be a very good trade for next week.
Equal Legs comes in at the 61.8% Fib level
UsdJpy - Bullish PatternsUsdJpy, after the bearish shark pattern comes the bullish 5-0 harmonic pattern.
We are buying at market price due to the Bullish impusive wave from the lows in 5 waves
Target will be 105.5, whilst above invalidation level 102.50
XAUUSD trade update Hi folks, Gold price E leg has just gone over extended with I to V leg. Price got rejected on 1895 area so we will see a ABC correction on next move within the next week. Thank you and Trade safe
S&p500 elliot wave Update,05.10.2020it seems that wave 5 is gonna be a short ending diagonal
sell when we break the confirmation level
Another decline for Eur/NzdHello Traders
Another possible decline is coming for this pair. I've identified a Harmonic pattern (don't know which one ) but also as an Elliott wave analysis this can be wave B an EXPANDED FLAT wave A and B minor degree are completed and wave C minor degree is an ending diagonal or wedge pattern and it should end between 1.78 and 1.80
GBP/USD: DAILY ELLIOT WAVE ANALYSIS(WAVE 4)GUIDELINES
1. Alternation - Wave 2 of the grand supercycle is sideways and therefore wave 4 is supposed to be sharp.
2. Ratio analysis - Wave 4 is usually at a fib ratio 0.382 of the whole 5 wave motive cycle.
3. Channeling- The target for wave 5 is at the top of the parallel channel touching wave 1 and3
4. Equality - when wave 3 is extended wave 1 and wave five tend to move almost the same magnitude
Comment, like, and follow for more
EURUSD completes retracement @ 1.1914 or could push to @ 1.1965EURUSD bulls had pushed prices to 1.1914/20 levels yesterday, which is fibonacci 0.618 retracement of the earlier drop between 1.2010 and 1.1754 respectively. Probable wave counts might be suggesting that a lower degree Wave 1 and 2 might be in place at 1.1754 and 1.1920 respectively. Alternately Wave 2 could push through 1.1965 levels, the fibonacci 0.786 retracement levels before terminating. Either way, EURUSD remains good to be sold on rallies through 1.1920/60 mark.
Remain short, look to add more @ 1.1920/60, target is open.
Risk Disclaimer:
Trading Forex or any CFD products may not be suitable to all investors and they must evaluate their risk appetite. The above article should not be construed as a trading or investment advice as it is solely for education and information purpose only. Trading might incur a loss of capital and hence investors might be required to gain further knowledge regarding the risks involved. Leverage should be used wisely.
Bitcoin Elliott wave analysis for week starting 24.08.2020My prediction was correct and Bitcoin failed to touch 12.5k.
I am expecting a reversal but I can define a target. I am expecting to at least retest the trend line.
USD/CAD Elliott wave update 02.09.2020The down trend is almost down,
we have a strong fibo cluster just at the invalidation level of the triangle
wait for the trend line to get broken before buying
that is the safest option
GBPCAD_WAVE_PATTERN_ANALYSIS GOOD DAY TRADERS
WHAT WE GOT HERE IS TEXT BOOK WAVE ANALYSIS. IM LOOKING FOR THE WAVE 5 BUY ... THIS WILL HAPPEN, IT WILL GO
EURCAD_WAVE_PATTERN_ANALYSIS GOOD DAY TRADERS... THIS IS THE TRADE YOU WANT. PRICE HAS COMPLETED THE WAVE 4 STRUCTURE AND WE GOING FOR A WAVE 5
TEXT BOOK WAVE ANALYSIS
