AMB 2H long setupAMB/ BTC completed running flat structure, looking for an impulsive leg up on breakout from this corrective structure.
Elliottwavecorrection
SILVER 4H Running flat correction complete!Silver completed the running flat correction expecting more upside next week.
NZD/USD keep shorting to lower levelHello traders,
It has been a big down move for Kiwi in this earlier Asian trading session. I think it is now the way for NZD/USD to reach lower level at 0.657xx with very high probability, so that C leg in flat correction will be finished. So keep further shorting it.
Happy trading!
WAN/BTC 4H buy for retest of the top.WAN/BTC making the B wave of flat.
Look for buys for retest of the top.
BNBUSDT 1H Long near the trendlineBNB is correcting for another push up.
Look for buys near the trendline.
VIA/BTC 4H BUYVia/btc 4H buy for C subwave up to complete the larger degree B wave in this correction.
DXY Elliott Wave Possible BuyMy first time using trading view.
Possible buy after another pull back
Maybe not
I’m still learning Elliott Waves:)
XAG 1H short Silver is making a flat correction - expanding or running variety.
Look for shorts back down to the trendline for the C wave
WABI/BTC Flat correction completeWABI completed a flat correction. Expecting impulsive move to the upside.
ENJ/BTC 4H Last leg upEnjin coin finished the 4H correction , looking to make the last leg before we get a correction of this whole move up.
Interesting fractal to note here recurring before enjin takes off
USDZAR - 1D sell to new lows USDZAR completed a running flat on the daily time frame, expecting another leg down for the completion of the larger degree B wave.
EURUSD - 1D Sell to new lows EURUSD completed a daily degree running flat. Expecting another impulsive leg down to make new lows.
Elliott Wave View: DAX Structure Remains BullishShort Term Elliott Wave view in DAX shows a bullish sequence structure from December 28, 2018 low, favoring further upside. The Index has potential to reach 100% extension towards 11912 – 12157 before ending cycle from December 2018 low. The rally from December 28, 2018 low is unfolding as a double three Elliott Wave structure where wave ((W)) ended at 11321.62 and wave ((X)) ended at 10865.31.
Wave ((Y)) rally is unfolding as a zigzag Elliott Wave structure. The first leg wave (A) of this zigzag ended at 11676.86 as 5 waves impulse. Up from 10865.31, wave 1 ended at 11217.3, wave 2 ended at 11018.95, wave 3 ended at 11556.87, wave 4 ended at 11416.08, and wave 5 of (A) ended at 11676.86. Wave (B) pullback is now in progress to correct cycle from Feb 9, 2019 low (10865.31) before Index resumes the rally higher. We are looking for 7 swings lower to complete wave (B) in 11445 – 11341 area where buyers should appear to resume the rally for new highs or produce a 3 waves bounce at least.
Elliott Wave View: S&P 500 (SPX) Should Find Buyers AgainShort Term Elliott Wave view in S&P 500 (SPX) suggests the rally from December 26, 2018 low (2348.50) is unfolding as an impulse. Index has ended wave ((3)) of this impulse move at 2816.88. In the chart below, we can see wave (5) of ((3)) move from 2612.42 low subdivides in 5 waves impulse of a lesser degree. Up from 2612.42 low, wave 1 ended at 2738.98 and pullback to 2681.83 ended wave 2. Index then rallied again and ended wave 3 at 2813.49. Wave 4 pullback ended at 2775.13, and wave 5 of ((3)) ended at 2816.88.
Wave ((4)) pullback of the larger degree is currently in progress before Index resumes the rally higher in wave ((5)). The internal of wave ((4)) is unfolding as a zigzag where the first leg down to 2767.66 ended wave (A). While wave (B) bounce stays below wave ((3)) at 2816.88, expect Index to turn lower to continue the zigzag correction within wave ((4)). We believe dips in the Index still can see buyers in 3, 7, or 11 swing for 1 more leg higher in wave ((5)) before cycle from December 20, 2018 low ends. We don’t like selling the Index.
