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🍏 Apple (AAPL): unfolding the bullish triangle●● Preferred count ● NASDAQ:AAPL , 🕐TF: 2W Fig.1 The wave count on the weekly interval has not changed. More than a year ago, we were waiting for the beginning of a sideways correction in wave ((iv)) of 3 , and, as the analysis of younger time periods shows, it has begun. __________________________ ● NASDAQ:AAPL , 🕐TF: 2D Fig.2 At the moment, the triangle (a)-(b)-(c)-(d)-(e) is predicted as the most frequent pattern that appears in the position of the fourth wave of the impulse . Moreover, the alternation rule requires the appearance of a sideways correction. __________________________ ● NASDAQ:AAPL , 🕐TF: 12h Fig.3 At the end of the triangle, a long trading setup will open. __________________________ __________________________ ●● Alternative count ● NASDAQ:AAPL , 🕐TF: 1W Fig.4 Globally alternative markup does not require revision either. The only clarification is the following: development of the ending diagonal in the wave (5) of ③ is probable. ______________________________________________ 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️⬇️⬇️
NASDAQ:AAPL
by TradeWaves-EWA
📐USDCAD: Long term triangle●● Preferred count ● USD / Canadian Dollar, 🕐TF: 3M Fig.1 Friends, hello! Finally got around to the weekly public update. As you already understood, today we will analyze the USDCAD currency pair. The calculation of historical data presented in Fig. 1 has not changed: I still believe that a series of impulses waves and sideways corrections can be interpreted as part of the emerging long-term diagonal. The only thing that is very confusing in this markup is the significant discrepancy between the wave degree and the size of the " (B) of Ⓦ " and " Ⓧ of I " waves. As a norm, Ⓧ should be greater than (B) of Ⓦ , but in our example the picture is reversed. In the future, this problem can be solved by expanding the boundaries of the triangle Ⓧ of I . Fig.2 The second option for marking long-term waves suggests considering a series of sideways corrections as fourth waves within the impulse. Thus, the historical top formed in 2002 is the finale of the impulse, presumably within the framework of the wave Ⓐ of I . All subsequent wave counts will be based on the first variant (Fig. 1). The idea marked in Fig.2 came literally today and still requires some reflection and elaboration on smaller time intervals. __________________________ ● FX:USDCAD , 🕐TF: 4D Fig.3 So, in the context of the wave count, which is currently considered as the main scenario, the sideways correction (B) of Ⓨ in the form of a triangle A-B-C-D-E is supposed to develop. Within the framework of the triangle, sub-wave A is a double zigzag, which means that all subsequent sub-waves must take the form of exclusively single zigzags ⓐ-ⓑ-ⓒ . We should also remember that a double zigzag in wave " A " of a sideways correction can be not only within a triangle, but also within a flat. __________________________ ● FX:USDCAD , 🕐TF: 1D Fig.4 On the daily and smaller timeframes, we again encounter variability in wave counting. Now the sub-wave ⓑ of C can transform from a zigzag into a triangle, a flat or a combination. __________________________ ● FX:USDCAD , 🕐TF: 8h Fig.5 __________________________ __________________________ ●● Local alternative count ● FX:USDCAD , 🕐TF: 4D Fig.6 Well, now let's see what alternatives can be for a triangle and a flat, indicated in Fig.3 . The first thing you should pay attention to is that wave (B) could be completed in the form of a double zigzag W-X-Y . This is the marking we had as the main scenario until a series of the first and second waves within (C) of Ⓨ did not bog down in the sideways, which is marked ⓧ of 1 in Fig.6 . __________________________ ● FX:USDCAD , 🕐TF: 1D Fig.7 If the price exits the flat trend upwards (along the path of the red dotted line), then most likely priority will be given to this scenario. __________________________ __________________________ ●● Alternative count ● FX:USDCAD , 🕐TF: 4D Fig.8 An alternative scenario, which involves expanding the boundaries of the triangle Ⓧ , we discussed in previous updates. Earlier the wave X of (C) was considered as a zigzag, now there are reasons to wait for the wave X in the form of a triangle. I did not succeed in solving the problem with counting the impulse A of (B) of Ⓧ , and for this reason, the implementation of markup, in my opinion, is less likely, as before. As you can see, even applying a number of strong guidelines in your work, it is not always possible to minimize the number of possible ways for the development of the market structure. It remains only to wait for the manifestation of a readable form of the model in one position or another, compare it with the available wave counts options and adjust the trading plan as information becomes available. ______________________________________________ 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️⬇️⬇️
by TradeWaves-EWA
1
💸U.S.Dollar Index, 1792 to date●● Preferred count ◉ U.S. Dollar Currency Index (DXY), 🕐TF: 1M Fig.1 The counting of long-term waves has not changed. I still think that there is still a possibility of a correction to the area of the previous wave (IV) . On the other hand, of course, it should be understood that the fourth waves in most cases form lateral corrections with an overlap and do not always reach the area of the previous fourth. And is it a wave ((IV)) at all? I am sure that as the structure develops at lower time intervals, hints will appear and the least likely scenarios will be cut off. _______________________________________ ◉ TVC:DXY , 🕐TF: 1W Fig.2 In the meantime, we can make an assumption that the wave structure of wave c becomes more complicated to a double zigzag with a triangle in the sub-wave Ⓧ , but the combination and the flat are also not excluded. On the six-hour chart, the sub-wave Ⓧ in the form of a flat will be marked in black . _______________________________________ ◉ TVC:DXY , 🕐TF: 1D Fig.3 We were able to predict the completion of wave (B) and the subsequent reversal in wave (C) with high accuracy. Wave (C) is expected to take the form of a single zigzag subdividing into diagonal A and impulse C . The target may be the lower boundary of the ascending channel. _______________________________________ ◉ TVC:DXY ,🕐TF: 6h Fig.4 For you, my dear readers, I can suggest a few trading setups that will appear in the near future: The completion of diagonal A is a signal in favor of fixing a short position. Aggressive trading setup for opening a long position with a protective stop loss at the level ((v)) > ((iii)) . The completion of the subsequent wave B (preferably in the form of a triangle) is a trading setup for opening a short position. _______________________________________ _______________________________________ ●● Alternative count ◉ TVC:DXY ,🕐TF: 1W Fig.5 The option of counting wave Ⓧ in the form of a flat ( color marking) we have already discussed earlier. On this chart, it would be more correct to focus on an alternative marking, which suggests considering wave (b) of the supercycle degree from the position of the completed running flat a-b-c , in which wave c is an impulse ①-②-③-④-⑤ . A confident breakdown of the upward channel down can serve as a good signal in favor of this hypothesis. ______________________________________________ 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️⬇️⬇️
TVC:DXY
by TradeWaves-EWA
2
🚩Ripple: bullish triangle.●● Preferred count ● XRP / U.S. Dollar (BITSTAMP), 🕐TF: 1D Fig.1 The formation of a triangle within the intermediate wave (X) continues. The idea was proposed at the top of wave B , in September 2021 . At the moment, sub-waves A , B and C have been formed, then a zigzag develops in the sub-wave D of (X) . ____________________________________ ● XRP / U.S. Dollar (BITSTAMP), 🕐TF: 10h Fig.2 Based on the guideline of alternation of waves " A " and " C " in a zigzag, it is expected that the sub-wave ⓒ of D will take the form of an impulse or a ending contracting diagonal . The target for wave D is the level 0.87900 , upon reaching which the sub-wave ⓒ will reach 161.8% of ⓐ . ____________________________________ ●● Alternative count ● XRP / U.S. Dollar (BITSTAMP), 🕐TF: 1D Fig.3 The basic alternative wave counting has not changed. It is possible to hold a part of a long position based on the implementation of this wave marking. ______________________________________________ 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️⬇️⬇️
BITSTAMP:XRPUSDLong
by TradeWaves-EWA
9
📚 Elliott Wave Pattern: Flat 🌊●● Flat ❗❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨 ● A flat always subdivides into three waves. ● Wave A is always a zigzag , flat or combination. ● Wave B is always a zigzag . ● Wave C is always an impulse or a ending diagonal . ❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Wave A is usually a zigzag . ●● 𝙀𝙭𝙥𝙖𝙣𝙙𝙚𝙙 𝙁𝙡𝙖𝙩 ( Exp . FL ) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave B always ends after the start of wave A . ● Wave C always ends past the end of wave A . ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Wave B usually retraces 123.6 or 138.2% of wave A , less often — 161.8% . ● Wave C is often equal to 161.8% of wave A , less often — 261.8% . ● The most common type of flat. ●● 𝙍𝙪𝙣𝙣𝙞𝙣𝙜 𝙛𝙡𝙖𝙩 (Runn. FL ) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave B always ends after the start of wave A . ● Wave C never goes beyond the end of wave A . ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Within such a flat wave B should end well above the origin of wave A and that means wave C might reflect a 61.8% or even a 100% relationship to wave A . ● A running flat indicates that the forces in the direction of the larger trend at next higher degree are powerful. ● Wave B is usually no more than twice the length of wave A . ● Keep in mind that a running flat is rare. ●● 𝙍𝙚𝙜𝙪𝙡𝙖𝙧 𝙛𝙡𝙖𝙩 (Reg. FL ) ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● Wave B never goes beyond beyond the start of wave A . ● Wave B always retraces at least 90 percent of wave A . ● Wave C always ends past the end of wave A . ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● The rarest type of flat. __________________________ 🔗 References: Elliott Wave Principal 2005 Trade Waves / Elliott Waves Analysis (TWEWA) 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
3
📐GBPUSD: a long-term triangle is forming!●● Preferred count ● British Pounds / U.S. Dollar 1:1 (GBPUSD),🕐TF: 30D Fig. 1 A zigzag is expected to develop in wave (y) , within which sub-wave b is formed in the form of a triangle . ______________________________________________ ● British Pound / U.S Dollar (ICE), 🕐TF: 2W Fig. 2 The globally alternative scenario is marked in black , which will be described in more detail below. ______________________________________________ ● British Pound / U.S Dollar (FXCM), 🕐TF: 1D Fig. 3 A sub-wave Ⓒ is formed within triangle b , which will take the form of a single zigzag (A)-(B)-(C) . ______________________________________________ ● British Pound / U.S Dollar (FXCM), 🕐TF: 6h Fig. 4 The zigzag structure of ascending waves suggests the formation of (A) in the form of an leading diagonal — a pattern wedge-shaped, subdivided into overlapping zigzags. ______________________________________________ ● British Pound / U.S Dollar (FXCM), 🕐TF: 45min Fig. 5 Wave 2 is predicted as a double zigzag , in which sub-wave ⓧ has formed a flat . A decrease is expected within the wave ⓨ . ______________________________________________ ______________________________________________ ●● Alternative count ● British Pound / U.S Dollar (ICE), 🕐TF: 2W Fig. 6 The global alternative scenario assumes that the a-b-c zigzag in (y) was completed at the level of 1.0349 . It is possible to hold a part of the long position in the calculation for the implementation of this wave count. ______________________________________________ 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
Short
by TradeWaves-EWA
1
☕️Coffee futures (KC): third wave bull market.●● Preferred count ● Coffee Cash (KC.C), 🕐TF: 30D Fig.1 In Fig. 1 , the wave count from 02/07/2022 . At the moment, the market is in the initial stage of the development of the primary wave ③ . The alternative scenario is the same — the continuation of the formation of the wave e of (IV) , as it is marked in black . ______________________________________________ ● Coffee C®️ Futures (KC1!), 🕐TF: 6h Fig.2 The wave ① formed the shape of an expanding diagonal . There is another infrequent pattern on the chart — an expanding triangle at the position of the wave (X) of ② . Growth is expected to continue. ______________________________________________ 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
ICEUS:KC1!Long
by TradeWaves-EWA
1
🛢Brent oil: wave III target remains $150+●● Preferred count ● CFDs on Brent Crude Oil (TVC) , 🕐TF: 1M Fig.1 The three-wave movement within the framework of wave III of (V) is not completed. The minimum target is the same — to exceed the wavelength of wave II , which will lead to a rise in the price to $ 150+ . The subsequent wave IV will return the price to the current levels. ______________________________ ● Brent Crude Oil (OANDA) , 🕐TF: 2D Fig.2 From July 2022 , a correction Ⓧ is predicted. Upon completion of the consolidation in wave (B) , a decline will follow within wave (C) in the form of an impulse. This forecast is based on the norm of the alternation of waves " A " and " C " within a zigzag. ______________________________ ● Brent Crude Oil (OANDA) , 🕐TF: 4h Fig.3 Correction (B) is expected to take the form of a triangle, but other sideways correction are not excluded. The option of counting in the form of a triangle is schematically indicated by a red dotted line. Black color marks an alternative count with a completed wave (B) in the form of a running flat. With the breakdown of the top of wave B , the activation of the alternative marking will follow. 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
OANDA:BCOUSD
by TradeWaves-EWA
💨 Elliott Wave Pattern: Single Zigzag 🌊 ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● A zigzag always subdivides into three waves. ● Wave Ⓐ always subdivides into an impulse or leading diagonal. ● Wave Ⓒ always subdivides into an impulse or ending diagonal. ● Wave Ⓑ always subdivides into a zigzag, flat, triangle or combination thereof. ● Wave Ⓑ never moves beyond the start of wave Ⓐ . ● Wave Ⓑ always ends within the price territory of wave Ⓐ . ● Wave Ⓒ almost always ends beyond the end of wave Ⓐ . (failure to comply with this requirement is called «truncation»)* *guideline, but should be followed as a rule ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Wave Ⓒ should not fail to reach the end of wave Ⓐ by more than 10% of the length of wave Ⓐ . (Q&A EWI) ● In a zigzag, the length of wave Ⓒ is usually equal to that of wave Ⓐ , although it is not uncommonly 1.618 or .618 times the length of wave Ⓐ (rarely 2.618). ● Wave Ⓑ typically retraces 38 to 79 percent of wave Ⓐ . ● If wave Ⓑ is a contracting triangle, it will typically retrace 38 to 50 percent of wave Ⓐ . ● If wave Ⓑ is a running contracting triangle, it will typically retrace between 10 and 40 percent of wave Ⓐ . ● If wave Ⓑ is a zigzag, it will typically retrace 50 to 79 percent of wave Ⓐ . ● In a zigzag, if wave Ⓐ is a leading diagonal, then we would not expect to see an ending diagonal for wave Ⓒ . ● A line connecting the ends of waves Ⓐ and Ⓒ is often parallel to a line connecting the end of wave Ⓑ and the start of wave Ⓐ . (Forecasting guideline: Wave Ⓒ often ends upon reaching a line drawn from the end of wave Ⓐ that is parallel to a line connecting the start of wave Ⓐ and the end of wave Ⓑ .) ● Waves Ⓐ and Ⓒ within the zigzag often appear in the form of impulses, but more often alternate according to the type of motive waves: if wave Ⓐ is an impulse, expect wave Ⓒ in the form of a diagonal, and vice versa. It is much less common to find waves Ⓐ and Ⓒ in the form of diagonals, but in this case they will alternate in form: contracting / expanding, and vice versa. (TWEWA) ● If a similar amplitude and duration of waves Ⓐ and Ⓒ within a single zigzag is expected, the line passing through the top of Ⓐ , which is parallel to the line connecting the beginning of wave Ⓐ and the end of wave Ⓑ , often turns out to be the level of completion of wave Ⓒ . In case of a extended wave Ⓐ within a single zigzag, expect the wave Ⓒ to reach the middle line of the channel, and in case of signals in favor of a extended wave Ⓒ , it is worth resorting to the technique of doubling the channel to determine potential support or resistance. (TWEWA) __________________________ 🔗References: Elliott Wave Principal 2005 Trade Waves / Elliott Waves Analysis (TWEWA) 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
2
🚨NZDUSD: historical data analysis 1900-2022●● Preferred count ● New Zealand Dollar / U.S. Dollar, 🕐TF: 3M Fig.1 The counting of long-term waves has been revised in favor of a flat that develops within the framework of the supercycle wave (b) . Let me remind you that earlier this flat was considered in the position of wave (IV) . _______________________ ● New Zealand Dollar / U.S. Dollar (IDC), 🕐TF: 1M Fig.2 We predicted the beginning of the bullish phase within the third wave of the diagonal back in 2019 . At the moment, it is assumed that sub-waves (W) and (X) are completed in wave ③ , and the current growth is part of the emerging zigzag (Y) . _______________________ ● New Zealand Dollar / U.S. Dollar (SAXO), 🕐TF: 1D Fig.3 Correction within wave ((ii)) of A is expected. _______________________ ● New Zealand Dollar / U.S. Dollar (SAXO), 🕐TF: 6h Fig.4 The levels at which the corrective wave ((ii)) can be completed are marked with a blue rectangle. _______________________ _______________________ ●● Alternative count ● New Zealand Dollar / U.S. Dollar (IDC), 🕐TF: 1M Fig.5 Alternative labeling does not require adjustment. This counting assumes that the Orthodox Top of the flat in wave (b) corresponds to the level of 0.88370 (July 2014). Further, based on the zigzag structure of downward waves, we can consider a scenario in the context of which the leading diagonal is formed in the wave " Ⓐ of I of (c) " or in the wave " I of (c) ". _______________________ ● New Zealand Dollar / U.S. Dollar (IDC), 🕐TF: 1D Fig.6 The wave counting is unidirectional with the main scenario for at least one ascending five-wave pattern. 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
Long
by TradeWaves-EWA
🌾Wheat (ZW): Elliott Wave Analysis●● Preferred count ● Wheat - CBOT (ZW.F), 🕐TF: 1Q Fig.1 The counting of the wave structure of 1840-1972 has been revised in favor of a supercycly triangle (IV) , the subsequent series of uptrend waves is interpreted as waves I , II and III as part of the unfolding ending diagonal (V) . _______________________________________ ● Wheat Futures (CBOT), 🕐TF: 2W Fig.2 The target for wave IV may be the Fibo level of 78.6% of wave II . _______________________________________ ● Wheat Futures (CBOT), 🕐TF: 1D Fig.3 A variant of counting the wave structure of wave III . The wave structure is expected to become more complex up to the sideways correction. If the correction takes the form of a triangle, as it is schematically depicted in Fig.4 , then a good trading setup will open for opening a short position. 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
CBOT:ZW1!
by TradeWaves-EWA
💼 SP500 (SPX): ending diagonal ⑤ ●● Preferred count ● S&P 500 - U.S. (^SPX),🕐TF: 60D Fig.1 The current count of long-term waves is already two years old. How much more is allotted to the wave V of (III) no one will tell you. All we are capable of is tracking the shape and structure of the wave, which should manifest itself in the form of a five-wave motive wave. _______________________________________ ● US SP 500 CFD (FOREXCOM),🕐TF: 1W Fig.2 My experience with the Elliott wave suggests that in most cases there is an alternation of motive waves in the positions 1 and 5 of the impulse , as well as waves A and C of a single zigzag . Based on these observations, I expect waves " (C) of ① " and " V of (III) " in the form of ending diagonals . It should be noted that we do not predict the duration and amplitude of fluctuations inside the diagonals. Only the shape of the model. _______________________________________ ● US SP 500 CFD (FOREXCOM),🕐TF: 1D Fig.3 Counting of the internal structure of wave 2 is variable. As will be shown in the alternative marking, there is a possibility that the double zigzag in wave 2 has already formed. _______________________________________ ● US SP 500 CFD (FOREXCOM),🕐TF: 8h Fig.4 At the moment the wave ⓧ of 2 is interpreted as a running flat with a diagonal at the end. The pattern looks complete, probably the resumption of decline within the wave ⓨ from the current level. _______________________________________ _______________________________________ ●● Alternative count ● US SP 500 CFD (FOREXCOM),🕐TF: 1D Fig.5 Variant of wave 2 structure counting in the form of a completed double zigzag ⓦ-ⓧ-ⓨ . _______________________________________ ● US SP 500 CFD (FOREXCOM),🕐TF: 8h Fig.6 Both wave counts, preferred and alternative, offer good trading setups. The ending diagonal (c) of ⓧ within the preferred wave count, as well as the initial diagonal ⓐ of 3 within the alternative count, can be used for an aggressive short position. At the end of the correction in the ⓑ of 3 wave, especially if it takes the form of a triangle , a long position is possible, counting on the resumption of growth within the impulse in the ⓒ of 3 wave. 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
FOREXCOM:SPX500
by TradeWaves-EWA
1
🚀Ethereum (ETHUSDT): the third wave of the ending diagonal.●● Preferred count ● Ethereum / TetherUS (BINANCE) , 🕐TF: 1D Fig.1 It is assumed that the primary wave ⑤ will take the form of a large ending diagonal , subdivided into zigzags (1)-(2)-(3)-(4)-(5) . Within the framework of the model, sub-waves (1) and (2) are formed, wave (3) is expected to develop. The minimum target for (3) is to exceed the wavelength of (2) . _______________________________________ ● Ethereum / TetherUS (BINANCE) , 🕐TF: 8h Fig.2 The ascending wave marked as A of (3) can be interpreted as an impulse , the subsequent correction of B as a completed double zigzag ⓦ-ⓧ-ⓨ . If our calculation is correct, then we are at an early stage of the development of the ascending five-wave C . The formed waves ( (i))-((ii)) with the breakdown of the 0-ⓧ line will serve as an additional signal in favor of this hypothesis. _______________________________________ ●● Alternative count ● Ethereum / TetherUS (BINANCE) , 🕐TF: 1D Fig.3 Complicating the structure of wave (2) to a double zigzag is the first thing we should be ready for. Wave X can take the form of any corrective figure, but based on the fact that the first wave in the model, designated ⓐ , is interpreted as an impulse , at the current stage a bet is placed on the formation of X by the type of a single zigzag . _______________________________________ ● Ethereum / TetherUS (BINANCE), 🕐TF: 1D Fig.4 The second variant of alternative labeling returns us to the previously preferred scenario, in the context of which wave (2) unfolds an expanded A-B-C flat with a diagonal at the end. Provided the diagonal is completed, this calculation option can be designated as the preferred scenario. 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
Long
by TradeWaves-EWA
2
🔥 Natural gas (NG): resumption of the long-term bull trend.●● Preferred count ● Natural Gas Cash ( NG .C), 🕐TF: 20D Fig.1 I worked out in detail the counting of long-term waves on the historical chart 1930-2022 . The chart has a number of notes. The structure of wave (IV) in the future may become more complicated to a triangle. The ending diagonal (V) is also questionable — the development of momentum I-II-III-IV-V is possible. _______________________________________ ● Natural Gas (CURRENCYCOM), 🕐TF: 1W Fig.2 Variant of counting of wave structure V of (III) in the form of an expanding diagonal and subsequent (IV) , which, apparently, took the form of a double zigzag with a triangle in x . _______________________________________ ● CFDs on Natural Gas (OANDA), 🕐TF: 1D Fig.3 The July 2021 forecast has been implemented. As expected, correction ② (wave Ⓑ in the current version of the counting) took the form of an expanded flat, returning to the area of the previous fourth wave . A long-term bullish trend is expected to resume. _______________________________________ ● CFDs on Natural Gas (OANDA), 🕐TF: 8h Fig.4 A good signal for opening a long position will be formed by waves 1 and 2 with consolidation above the moving average with a period of 610 . 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
OANDA:NATGASUSDLong
by TradeWaves-EWA
1
Cardano (ADAUSDT): the probability of resuming long-term growth.●● Preferred count ● Cardano / TetherUS (BINANCE) , 🕐TF: 1D Fig.1 The correction within the framework of the expected wave (2) , the beginning of which was successfully predicted in August last year , could have already been completed at the level of 0.3300 , taking the form of a single zigzag A-B-C . _______________________________________ ● Cardano / TetherUS (BINANCE) , 🕐TF: 6h Fig.2 The presence of formed waves 1-2 , the first of which will exceed the top of wave B of (2) , will allow you to enter a long position without fear for the probability of continuing the development of the descending wave C of (2) . _______________________________________ ●● Alternative count ● Cardano / TetherUS (BINANCE) , 🕐TF: 1D Fig.3 As an alternative scenario, we can assume that the entire descending structure is a wave A as part of a zigzag A-B-C . The thing is that the lateral formation, which in this version of the count is assigned the marking ((iv)) , can be identified as a combination with a triangle at the end. 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
Long
by TradeWaves-EWA
💨 Elliott Wave Pattern: Triangle 🌊●●● 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (T) __________________________ ❗️❗️ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨 ● A triangle always subdivides into five waves. ● At least four waves among waves A , B , C , D and E are subdivided into a single zigzag . ● A triangle never has more than one complex subwave, in which case it is always a multiple zigzag or a triangle. ❗️ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Usually, wave C subdivides into a "multiple zigzag" that is longer lasting and contains deeper percentage retracements than each of the other subwaves. ● Usually, wave D subdivides into a "multiple zigzag" that is longer lasting and contains deeper percentage retracements than each of the other subwaves. ● Alternating waves of a triangle may be in Fibonacci proportion to each other by a ratio of 0.618 for contracting triangles and 1.618 for expanding triangles. For example, in a contracting triangle, look for wave C to equal 0.618 of wave A . ● A triangle can be wave 4 impuls, wave B of a zigzag , wave X of a double or second wave of an X of a triple zigzag , sub-wave C , D or E of a triangle and the last structure of a combination. __________________________ ●● 𝘾𝙤𝙣𝙩𝙧𝙖𝙘𝙩𝙞𝙣𝙜 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Contr.T — CT) ❗️❗️ 𝙍𝙪𝙡𝙚𝙨 ● Wave C never moves beyond the end of wave A , wave D never moves beyond the end of wave B , and wave E never moves beyond the end of wave C . The result is that going forward in time, a line connecting the ends of waves B and D converges with a line connecting the ends of waves A and C . ● Waves A and B never subdivide into a triangle. ● In a running triangle, wave B should be no more than twice as long as wave A . (Q&A EWI) ❗️ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Sometimes one of the waves, usually wave C , D or E , subdivides into a contracting or barrier triangle. Often the effect is as if the entire triangle consisted of nine zigzags. ● About 60% of the time, wave B goes beyond the beyond the start of wave A . When this happens, the triangle is called a running triangle. __________________________ ●● 𝘽𝙖𝙧𝙧𝙞𝙚𝙧 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Barr.T — BT) ❗️❗️ 𝙍𝙪𝙡𝙚𝙨 ● Wave C never moves beyond the end of wave A , wave D never moves beyond the end of wave B , and wave E never moves beyond the end of wave C . The result is that going forward in time, a line connecting the ends of waves B and D converges with a line connecting the ends of waves A and C . ● Waves B and D end at essentially the same level. ● In a running triangle, wave B should be no more than twice as long as wave A . (Q&A EWI) ❗️ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● About 60% of the time, wave B goes beyond the beyond the start of wave A . When this happens, the triangle is called a running barrier triangle. ● When wave 5 follows a triangle, it is typically either a brief, rapid movement or an exceptionally long extension. ☝️ 𝙉𝙤𝙩𝙚𝙨 ● We have yet to observe a 9-wave barrier triangle, implying that this form may not extend. __________________________ ●● 𝙀𝙭𝙥𝙖𝙣𝙙𝙞𝙣𝙜 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Exp .T — ET) ❗️❗️ 𝙍𝙪𝙡𝙚𝙨 ● Wave C , D and E each moves beyond the end of the preceding same-directional subwave. (The result is that going forward in time, a line connecting the ends of waves B and D diverges from a line connecting the ends of waves A and C .) ● Subwaves B , C and D each retrace at least 100 percent but no more than 150 percent of the preceding subwave. ❗️ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ● Subwaves B , C and D usually retrace 105 to 125 percent of the preceding subwave. ☝️ 𝙉𝙤𝙩𝙚𝙨 ● No subwave has yet been observed to subdivide into a triangle. __________________________ 🔗 References: Elliott Wave Principal 2005 RSWA: Q&A EWI
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
3
Platinum (PL): Wave Analysis 1917-2022●● Preferred count ● Platinum Cash (PL.C), 🕐TF: 20D Fif.1 The counting of long-term waves only confirmed the priority of the scenario defined in the previous review, in the context of which the supercycly wave (V) unfolds the ending diagonal . This hypothesis assumes the continuation of price growth within wave III , which will take the form of a zigzag, exceeding the maximum of wave I . _______________________________________ ● Platinum Futures (NYMEX) , 🕐TF: 1D Fif.2 The wave Ⓐ in the composition of III of (V) must also take the form of a diagonal . At least, the double zigzag that formed from the top of wave II can be interpreted in a general context as the first wave in its composition. _______________________________________ ● Platinum Futures (NYMEX) , 🕐TF: 8h Fif.3 According to the structure, the second wave of intermediate degree can be identified as a double zigzag W-X-Y with a combination in X . Moreover, wave (2) reached a level that created several Fibonacci ratios: wave Y = 61.8% W , while (2) = 61.8% (1) . Quite powerful the argument in favor of the fact that the downward correction is over. The breakdown of the 0-X line will serve as an additional signal in favor of this assumption. _______________________________________ ●● Alternative count ● Platinum Futures (NYMEX) , 🕐TF: 8h Fif.4 The alternative markup tells us that the correction within wave (2) will continue. A series of overlapping zigzags in a downtrend can be identified as the leading diagonal in wave A . If this interpretation turns out to be correct, then after correction in wave B , the minimum of 797.5 formed by wave A will be rearranged within the impulse C . 📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
NYMEX:PL1!Long
by TradeWaves-EWA
⚡USDJPY: 10-year zigzag nearing completion.●● Preferred count ● U.S. Dollar / Japanese Yen (IDC) , 🕐TF: 1M F ig.1 The scenario we wrote about in June of the 21st year has been implemented. As expected, wave b of (x) took the form of a triangle , followed by an increase in prices within wave c . The first target for completing wave c is to achieve equality with wave a . An alternative scenario in the context of a monthly time period is the probability of complicating the structure of the wave (x) to a triangle , flat or combined correction. _______________________________________ ● U.S. Dollar / Japanese Yen (FXCM) , 🕐TF: 1D Fig.2 As you can see from the chart, at the moment the structure of the wave c of (x) is identified as a developing impulse with an extension fifth sub-wave. _______________________________________ ● U.S. Dollar / Japanese Yen (FXCM) , 🕐TF: 6h Fig.3 The wave ⑤ probably forms the ending diagonal . To confirm this assumption, it is necessary to enter the price area of wave (1) within the framework of wave (4) without exceeding the wavelength (2) , then — to rise within the fifth wave to the top of wave (3) . _______________________________________ _______________________________________ ●● Alternative count ● U.S. Dollar / Japanese Yen (IDC) , 🕐TF: 1M Fig.4 It is difficult for me to talk about the global targets in terms of price and time that wave ((IV)) can achieve, because I do not have a historical data chart for a longer period. But there is a possibility that the fourth wave of a Grand Supercycle degree in structure was limited to a single zigzag a-b-c . If so, then the subsequent upward zigzag, marked in this example as Ⓐ-Ⓑ-Ⓒ , can be identified as the first wave of the emerging leading diagonal in the direction of the dominant bullish trend. It should be understood that the red dotted line indicates the probable shape of the model, does not predict time and price targets if the calculation does not have the appropriate markings. _______________________________________ Disclaimer: — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
by TradeWaves-EWA
3
🚀 Bitcoin Cash (BCHUSD): Triangle ④●● Preferred count ● Bitcoin Cash / U.S. Dollar (Coinbase) ,🕐TF: 1D Fig.1 The assumption that the primary wave ④ could take the form of a large triangle was put forward as early as May 2021 . Subwaves (A) , (B) and (C) have been completed within the triangle, an ascending zigzag is expected within wave (D) . At the end of the triangle ④ , a trading setup will open in a long-term long position. _______________________________________ ● Bitcoin Cash / U.S. Dollar (Coinbase) ,🕐TF: 8h Fig.2 The first wave within the uptrend, marked ⓘ , took the form of a zigzag . This zigzag may be the first wave within the leading diagonal A of (D) . I recommend waiting until the diagonal is fully formed, and then join the buyers at the end of the subsequent correction B . _______________________________________ ● Bitcoin Cash / U.S. Dollar (Coinbase) ,🕐TF: 30min. Fig.3 Variant of counting waves within a thirty-minute chart. _______________________________________ _______________________________________ ●● Alternative count ● Bitcoin Cash / U.S. Dollar (Coinbase),🕐TF: 2D Fig.4 The alternative is a bearish triangle (X) . In general, the count is consistent with the main scenario up to the top of the triangle (X) , but it is worth remembering: in about 60% of cases, wave " B " of the narrowing triangle ends behind the beginning of wave A . _______________________________________ Disclaimer: — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
COINBASE:BCHUSDLong
by TradeWaves-EWA
2
🚀Bitcoin - $70k● Bitcoin / U.S Dollar (INDEX TV) , 🕐 TF: 1W Fig.1 Anticipating questions regarding the context of the senior degree, I will leave a link to the December 2020 review. Of the changes: I revised the counting of subdivisions ①, ②, ③ as part of the developing cycly wave V . The current marking option meets more guidelines. _______________________________________ ● Bitcoin / U.S Dollar (INDEX TV) , 🕐TF: 1D Fig.2 Figures 2 and 3 show a variant of counting the internal structure of waves ①, ②, ③ and ④ . Fig.3 _______________________________________ ● Bitcoin / TetherUS (BINANCE) , 🕐 TF: 1D Fig.4 The final wave ⑤ is predicted as a ending diagonal . A rise is expected within wave (3) , which on its way will go beyond the top of wave (1) , updating the historical maximum. _______________________________________ ● Bitcoin / TetherUS (BINANCE) , 🕐TF: 8h Fig.5 A more reliable trading setup for a long position will open if there are formed A,B of (3) . _______________________________________ Disclaimer: — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
Long
by TradeWaves-EWA
10
📌EURUSD: Long Term Waves●● Preferred count ● Euro / U.S. Dollar (IDC),🕐 TF: 1M Fig.1 The formation of sub-wave c within the triangle (x) continues. The invalidation level of the wave counting is the top of sub-wave a, level 0.82320 . Breakdown of this mark will open the prospect for the transformation of the supercycle wave (x) into an expanded flat . _______________________________________ ● Euro / U.S. Dollar (FXCM),🕐 TF: 1W Fig.2 The 2017 low was passed, which served to revise the counting of the structure of wave c . The idea of counting the wave c a double zigzag Ⓦ-Ⓧ-Ⓨ is still valid, but in a different configuration: the 2008-2017 structure is recognized as a single zigzag Ⓦ, a series of zigzags from 2017 to the present as part of an emerging triangle Ⓧ . _______________________________________ ● Euro / U.S. Dollar (FXCM),🕐 TF: 1D Fig.3 It is expected that in the near future wave Y as part of (B) of Ⓧ will be completed, then growth within the zigzag (C) with targets in the range of 1.10-1.14 will follow. _______________________________________ ● Euro / U.S. Dollar (FXCM),🕐 TF: 6h Fig.4 Sideways correction is expected to develop within wave (iv) . _______________________________________ _______________________________________ ●● Alternative count ● Euro / U.S. Dollar (FXCM),🕐 TF: 1W Fig.5 In the context of an alternative count, I propose to return to the counting of the structure formed in the period 2008-2014 in the form of a contracting triangle , taking it as wave Ⓑ as part of the zigzag c of (x) . The subsequent series of zigzags is proposed to be interpreted as waves (1) , (2) , (3) as part of the ending diagonal Ⓒ being formed. The wave counting within a weekly interval is aligned with the main scenario - it is conducive to an early resumption of growth. ___________ Disclaimer: — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
Long
by TradeWaves-EWA
1
🎢Euro Stoxx 50: Eurozone economy will continue to grow●● Preferred count ● SX5E ( TVC ) , 🕐TF: 1W Fig.1 The Euro Stoxx 50 Index is the main index in the Eurozone. The components of the index are companies that are leaders in their industries - 50 companies from 12 eurozone countries: Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Luxembourg, the Netherlands, Portugal, Finland and France. The main scenario is the continuation of long-term growth within the framework of the cycle wave V . _______________________________________ ● EU50EUR (OANDA) , 🕐TF: 1D Fig.2 The ascending impulse (1) and the beginning of the subsequent correction (2) of ③ were successfully predicted. At the moment, the threewave corrective phase can be interpreted as a completed A-B-C single zigzag . Growth is expected to resume as part of the third wave. _______________________________________ ● EU50EUR (OANDA) , 🕐TF: 8h Fig.3 As a local alternative scenario, black marking is proposed, in the context of which wave (2) will become more complicated to a double zigzag W-X-Y . This counting option will become more relevant if the sideways correction stretches in time and takes the shape of a triangle X . _______________________________________ _______________________________________ ●● Alternative count ● FESX1!(EUREX) , 🕐TF: 1W Fig.4 The probability of realization of the given scenario will multiply increase in case of display by a wave B of (Y) of the form of a triangle. 🎯 Interesting points for making trading decisions: — Breakdown of the orthodox bottom of the wave B of (Y) of Ⓑ ; — Completion of the zigzag (E) of Ⓑ within black marking; — Completion of the zigzag Ⓔ of IV within the color marking. _______________________________________ Disclaimer: — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
TVC:SX5ELong
by TradeWaves-EWA
📈USDCHF: Long Term Forecast Update 1819-2022●● Preferred count ● U.S. Dollar / Swiss Franc, 🕐 TF: 1M Fig.1 Once again, we have to resort to the developments of pr0 . No other resource could please with a price chart covering such a long time period. Marking in black repeats the RSWA count published in April 2017 . I, for lack of understanding of the global context, do not undertake to mark the price extremes of 1819-1920 . I dare to assume that a double zigzag (w)-(x)-(y) is formed. _______________________________________ ● FX_IDC:USDCHF , 🕐 TF: 2W Fig.2 On a weekly time interval, within the wave (y) , a contracting triangle b is predicted, then an exit from the model down with an impulse c . _______________________________________ ● FX:USDCHF , 🕐 TF: 2D Fig.3 Within the triangle b , wave Ⓓ is formed in the form of a single zigzag (A)-(B)-(C) . The predicted target is 0.90610 , upon reaching which the primary wave Ⓓ will reach the gudeline of 61.8% Ⓑ . _______________________________________ ● FX:USDCHF , 🕐 TF: 4h Fig.4 From the top of wave Ⓒ a downward impulse has been formed within wave 1 of (A) of Ⓓ , or wave (A) of an intermediate degree. One thing is clear so far: after the rollback of wave 1 or (A) , at least one more five-wave down will follow. _______________________________________ _______________________________________ ●● Alternative count ● FX:USDCHF , 🕐 TF: 2D Fig.5 The long-term alternative scenario is the same - the formation of a large triangle Ⓧ as part of a sharp wave b , which takes the form of a double zigzag. _______________________________________ Disclaimer: — The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.
Short
by TradeWaves-EWA