Impulsive and correction wavesFor simple trades, we only need to distinguish what is impulsive and corrective.
I trade only impulse, I never recommend trade correction.
Elliottwaveanalyis
USDJPYAfter the impulse phase, the price movement will be followed by a correction phase and vice versa.
And the correction consists of zigzag, flat, triangle, and combination patterns.
AUDUSD Analisiys with elliott wave patternsI think AUD/usd is now in a bearish correction.
If the price manages to break through the upward channel line, it can be assumed that it will continue the main trend, which is bullish
#GBPUSD-#73% Top Prob. #Waves(d);(e);of B(Zigzag)-This ongoing #Contracting Triangle has found a #73% Top Prob.Box in 1.38903/1.39540 zone, might completing there the #WaveB (Zigzag), triggering down the #Wave C, which its first Target is about #1.35700/1.35300 zone.
We are probably at the beginning of the initial phase of wave 3Tomorrow (10/09/2021) we could experience the confirmation of the initial phase of wave 3, since today the price could not penetrate the zone of the lows that RHE left on September 7. This is a possible signal to enter in the purchase of the fractal major: it began with the low of August 17, in September 31 completed its first wave.
The key is that in the morning session and next sessions comfirm the floor that was created in the last Tuesday, September 7, is not broken. Its greater if the confirmation of the movement are quickly to upwards.
This idea may take until Friday, September 24 to be completed
#BTCUSD-#78%Top ProbabilityMy algorithm suggests a #Zigzag correction targeting #42,500/41,800 zone as most likely scenario ahead. The trigger would be the #78%(medium/high) Short Top Box between #50,400/49,200.00.The #Bearish count, despite delayed hasn´t been discarded at all yet.
#S&P500 Index# Alt.Count.#60% Bottom Chance#S&P500 Index# Alt.Count.#60% Bottom Chance-is drawing an #Ending Diagonal (wave (v)of 3).This might be the most possible path to reach the Target Shell zone #4,550.00/4,600.00 in the days ahead.(a breakout of the #triangle resistance is also possible).
#USDCAD-63% Top Prob. #Wave C(Flatt Pattern) The Forecast published on August 16th (labeled as possible Double Zigzag) failed. Now the Alt Count suggests #63% Short Top Probability at 1.29487, as possible trigger of #wave C (Flatt Pattern)of or , targeting #1.24062 Bottom Zone.
Let´s see what happens.
#USDCAD-78% Top Prob #Double ZigzagMy algorithm suggests, a #78% Top Probability Box about #1.25993/1.26139, possibly completing there a #sub wave X, splitting, and triggering the #2nd Zigzag correction,# targeting 1.22500/1.22197 zone (wave Y).
#EURUSD-67% Bottom Prob. #Wave (v) of C Flatt Pattern (End):
My algo suggests, that about 1.17/1.16605 might be the Short (at first) Bottom Zone, for #EURUSD.It has #67% Prob chances of pull back, targeting the zone of #1.19658/1.19665.
Let´s see what happens.
The scam of the year (BTC SETUP) 🚨🚨🚨So many people are about to get caught in this double zig-zag, thinking that it is a reversal to new highs. I'm here to warn you that we will not be making new highs on this aggressive move to the upside (to 39k) in the coming days, but rather it will be the final phase of distribution before MM dump the last of their bags on everyone. Don't get caught in this trap, as it is going to happen Very quickly. Scalp it, sell on the way up, set your take profits, move your stops up as we go - do whatever you can to protect your capital. You aren't going to want to be a part of what is to come after this big move.
My down side target sits at 23k to complete this Wave (4) correction, but I would not be surprised to see a liquidation wick bypass that 19k range to liquidate as many longs as possible before the real move up to 80~125k.
You have been warned, trade safe.
#BTCUSD 78% Short Top Probability #Ending Expanding DiagonalCompleting the forecast made on June 9th, updated on July 1st, my #algorithm still shows a way down to the #Target Shell of 26,800.00.After has finished #WaveC #Zigzag #Ending Expanding Diagonal. The current recovering zone of 32,000 has a #78 % Top Probability Box (strong), Targeting at first the zone of 27,789/27,111.00
Let´s see what happens.
#USDTRY (CFD) #83% Top Probability #Zigzag. The #high in the 8.7950 zone, has found a (strong) #83% Top Probability Box, completing up there, a (failed/truncated) #wave (v) of 5.Triggering a #Zigzag correction, which is targeting 7.96/7.91 zone.
#AMZN(AMAZON INC.) #67% Top Probability #Wave C; FLATT PATTERN.
The maximum at 3,773.00 seems to have been a #Wave B #(Flatt Pattern), there 67% #Top Probability Box (medium strength), Targeting 2.800/2.600 zone.
#ETHUSD 65% Short Top Probability Possible #WaveA Completing the forecast made on June 9th, my #algorithm keeps showing me a way down to the #Target Shell of 1,436.00/1,336.00
The current High zone of 2,368.00(may be a wave X), has a #65 % Top Probability Box(medium strength), that could be the beginning of a new #wave A (5 legs-zigzag) .
Let´s see what happens.
Elliott Wave: Analysis on the Amazon stockElliott Wave: Analysis on the Amazon stock
The price movement is following the 5th wave.
The characteristics of the 5th wave are not breaking the trend line 2-4 until it reaches 3523-3601$
DOGEUSD 2021.05.10 Chart Analysis (Bullish)Many were shocked at the movement of DOGE last night during his appearance on SNL. However the markets hold true to a measure of human psychology.
The SNL appearance of Elon Musk proved to be a catalyst for the market to rebalance below 0.47. Between May 5th and May 8th price for 4 days was completing a corrective Elliott Wave:c after having already pierced above the 0.67 to 0.73 Fibonacci 161.8 alternate price projection and 127.2 external retracement confluence, collecting liquidity to move lower towards 0.47 to rebalance in the area of an Elliott Wave:d. Should we see a bounce off of this area between 0.38 to 0.44 by the close of day, it is anticipated that price will continue to the upside to complete a full wave cycle at the 1.01 to 1.08 Fibonacci 261.8 and 2.0 Fibonacci zone Elliott Wave:e.
***Please do you own research as this is not trade advice.
#EURUSD is going to go downFor #EURUSD in chart I have shown a new entry level WITH MORE RISK.
In case the price passes ENTRY LEVEL, we will update for targets.
#eurusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
GBPUSD iv or b wave finished? Oportunity for a buyA good relation to take the risk in the next hours... Be careful with the 1.3875
