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Elliottwavecount

DXY 1Day ELLIOTT WAVE PATTERNS Extension Pattern : By definition an extension occurs in an impulsive wave, where waves 1, 3 or 5 can be extended, being much longer than the other waves. It is quite common that one of these waves will extend, which is normally the third wave. The two other waves then tend to equal each other. In our pattern definitions we call it an Extension1 if the first wave extends, an Extension3 if the 3rd wave extends and an Extension5 if the 5th wave extends.
TVC:DXY
by ElliottWavePatterns
1
DXY (Dollar Index)In the DXY, it currently looks like we are in the last legs of the downward movement. Here, an implied EDT could be developing as a white v of the red (c). Thus, a downward wave would still be missing. The ideal target, the 1.00 extension, of the pink Y would be fairly close to the trendline drawn below. However, for me, a close below the last low would be enough to finish counting the movement. Of course, this also implies that there are still more highs/lows to come in the single pairs before the dollar should start its run.
TVC:DXYShort
by Elliott-Waves-2_0
2
US30 (Dow Jones)Just as in the Dax, another high could be in store for the Dow. However, I think this scenario is more likely in the Dow. In this case, the Dow would also have only one more x built-in on Friday. I have rebuilt my count a little compared to the last post, by placing the red x of the orange (z) now on the low at 29430. In the now running yellow circled z we would have here an ideal target of 31980 in whose proximity is also the 1.00 extension of the red y. This is at 31749, so that a run-up to this area is currently the most likely scenario. However, my last count remains valid until the break of the high.
FOREXCOM:US30
by Elliott-Waves-2_0
USTech100 (NASDAQ)In the Nasdaq, too, a further high currently seems more likely than the direct way down. But also here I would like to emphasize again that this is not a necessary and the last posted count until the break of the high is still valid. In the yellow y, we have already left the 1.00 extension behind us. However, I have noticed that unlike in many other markets, the Nasdaq often runs to the area between the 1.272 and the 1.382 extension to complete a wave. Unfortunately, I can no longer draw in smaller units, as the white letters already represent the minus scale degree. Therefore, just think here another abc of which the c wave is still outstanding. Target here would be the area between 13340 and 13609.
WHSELFINVEST:USTECH100CFD
by Elliott-Waves-2_0
Elliot wave PLTR analysis, possibly very bearish $20 PTAll notes are written on the chart. Price targets and some proportions on chart may not exactly be accurate. I'm rather new to Elliot Wave, but I think I have a lot of it down and have used it to predict a lot of trades with significant success. Yesterday on Friday January 15th I was able to predict that we'd finish exactly at 25.50 as of 10am and we did, so I hope that adds a bit of credibility! Ask any questions you'd like, or provide feedback/correct me on where I may be wrong. I'm currently looking for a mentor to take me under their wing. I only started trading in August and have come very far on my own, with no prior knowledge of the markets, nor anyone to ask questions of. Hopefully this chart helps someone, it's my first stab at publishing something. Good luck everyone!
P
by Stockguy0415
OXTUSD - Price PredictionHello all, Here's OXTUSD as requested by 'NuMaUita'. I think there is a possibility that this could pullback to the 0.22 level once more before going back into its upwards trend. If it kicks on from here however, it will indicate a wave (iii) structure to one higher degree for which I have an initial target of 0.46 - 0.51 . Any further extended move up will likely take us to 0.60 - 0.67 . I hope you found this useful! As always, a like/follow is much appreciated. Thanks for looking! Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Remember to do your own research. Trust your own analysis. Beyond Edge
BINANCE:OXTUSD
by BeyondEdge
8
XAUUSD - Elliot Wave ForecastHello all, An update on XAUUSD, price is nearing the 1750 - 1760 zone as outlined in my previous idea. The corrective structure is still in formation with a lower degree 5 wave structure in progress. This is my primary count and we are currently in wave (iii) which can potentially extend further to 1741-1739 before retracing into wave (iv). I'm expecting this structure to complete (wave v) with a drop into the 1720-1690 zone before putting in a final sideways correctional sequence of some sort through out December. More on that when we get there, follow for further updates and be patient if you're waiting for a long swing position. Trade safe, Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
OANDA:XAUUSDLong
by BeyondEdge
1
Bitcoin latest updateHello traders, welcome to today’s analysis. I hope you are all doing great. From our previous analysis, we took a swing trade from higher 17k region to around mid 19k, sorry I missed an update earlier this week. We reached the top on btc around 19.5k with a lower sub-wave truncation and got some massive rejection. Wave truncations generally indicates that the market is over stretched and reach a top, but in this case we can call this a local top for btc if and only if we get some healthy corrections to the downside to keep the bull run in motion and eventually shatter the ATH another possibility is a change in trend which there’s no confirmation for that yet except for the fact that we got a double top with ATH in our last rally. The correction can come in any form and I don’t want to be all speculative about it, but usually with btc, WXY correction is a common one. The first level of correction we got is about 0.618(or 68%) retracement of wave 5(higher degree) impulsive move which is around 16k region, I labelled that wave w. The second level of correction we would like to see which could turn out to be a major correction for the impulsive move we’ve been tracking from higher 9k to 18k region could lead us to around 14 or 13k region, which is a good spot for re-accumulation for a market continuation pattern. If it fails, then that could hint a change in trend. We’ll be taking the corrective phase one at a time and try to be less speculative as possible. Trade Setup: We expect some retracement to 18k region (.5 or .618 fib level) which I’ll call wave x to correct for the recent dip we had before a continuation to the downside. You can wait for this retracement if you don’t want to scalp to 18k If you enjoyed this analysis, don’t forget to hit the like button, share, subscribe and stay tuned to this channel for more free updates. Don’t forget to share your questions, ideas and chart with the community in the comment section below. Donations via TradingView coins also helps me at posting more free trading content and signals here. Thanks for your continued support as always. I’ll see you all shortly Thank you Namaste! Traders Nueel_classic
BITSTAMP:BTCUSD
by Nueel_classic
4