Elliotwavecount
the final count down to BTC bottomHello to all, been tinkering with this idea for a bit now to how it might play out. Looking to top out on the rising channel at 51850 ish where it intersects with purple line (expanding wedge) get rejection, break down out of rising channel with measured move to 3937i ish, bounce up to resistance line at 43968 ish, create the right shoulder, then down to the bottom expanding wedge line at 32175 ish, once we break bottom of expanding wedge, we have a measured move down to 9326 ish, or just complete the ABC correction at 13478 ish, obviously NFA just a thought how might play out and areas to watch. Happy on feed back, obviously where we finish on certain moves will decide where we end up this is just a basic map of how we may get there, cheers
Matty Surfbeach73
Future of BitcoinElliot waves notes
.618 of entire structure lands about 22-25k
if current red C begins from 41,500, and if the purple subwave c is the same size as the a , started at the end of b , a 1:1 fib ratio would land it about 22,400
Perhaps yellow 5 gets truncated at old ath, but unlikely due to visible strength in the psychology of crypto markets, measurements based on the whole structure, yellow 1 and 3 would land BTC up near 92k,95k maybe with a throw-over
The wave principle is very visible in crypto markets because the market never closes and value largely rides on speculation of future adoption, news only picks up if we are approaching the end of a wave, or full cycle (sell the news, buy the rumor)
rumor is we're going to 8,16,19,23,28k
there is no real news
Trend Rider 171. Weekly chart EMA 10>EMA 30 but below EMA 200. Expected to break soon.
2. Now in Wave 4, reversal can be seen at H4 and D1 at level 0.5. Wave 2 reversal at 0.618.
3. Bursa Marketplace rating 8 (Earn 10) target price 0.74, isaham 8.2, i3 ATP RM0.55 (latest RM0.83).
JINKOSOLAR ENTRY [ELLIOT-WAVE-FORECAST]Entry is based on a flat correction which ends at 0.5 Fib-retracement at 46.34 USD.
EWO shows the performance nicely.
#nofinancialadvice
#BTCUSD 68% Short Top Probability Possible #WaveACompleting the forecast made on June 9th, my #algorithm keeps showing me a way down to the #Target Shell of 26,800.00.The current High zone of 36,800.00 has a #68 % Top Probability Box(medium strength), that could be the beginning of a new #wave A (5 legs-zigzag).
Let´s see what happens.
EURUSD 28/06/2021 Complete The Retracement Phase And Then FallHere is my continuation analysis of EURUSD. Last week as we can see EURUSD rising from the 1.1850 area until 1.1975 area. For the next week, I believe there is still some room left to the upside for EURUSD to reach and complete the retracement phase around the 1.1980 - 1.2005 area before going down again targeting the 1.1735-1.1755 area.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
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Cheers.
Gold (XAUUSD) 28/06/2021 Move To The Upside Before FallingHere is my continuation analysis of Gold (XAUUSD). Last week we saw that Gold (XAUUSD) was moving sideways with a range of 1761 - 1790 area. For the next week, I believe Gold (XAUUSD) in the beginning will go to the upside to complete the retracement phase before falling again to the downside.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
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Cheers.
HITID ( Elliot wave forecasting on HITI )On HITI, we can see the ABCD triangle pattern. should be the 4th wave. Now it is trying to complete the 5th wave. We can expect that this will create new highs soon .
GBPUSD 28/06/2021 Going Upside a Bit And Then Fall AgainHere is my continuation analysis of GBPUSD. Last week as we can see, GBPUSD still in bearish mode. Next week, I believe the beginning of the week GBPUSD will go to the upside a bit around 1.3945 until 1.3965 before going to the downside again and targeting the 1.3735-1.3750 area. I believe there is still some room in the downside for GBPUSD to fulfill before going to the upside again.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
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Cheers.
CADCHF SWING TRADE THEORY
This is an impulse move of the Daily timeframe, Wave 3 having been extended and completed.
Wave 4 zone A retracement at 0.38 of the impulse move
Wave 4 zone B retracement at 100% of wave A corrective lower timeframe
WAVE 4 zone C wave count (3 wave internal structure) 5 WAVE DONE
CONCLUSION
THE CURRENT PATTERN IS A RUNNING FLAT WHICH HAPPENS TO BE COMPLETE,
A STRONG WAVE FIVE TO THE UPSIDE SHOULD BE EXPECTED, CONSIDERING THAT THE PREVIOUS IMPULSE MOVE WAS AN EXTENDED WAVE 3. WAVE 5 TARGET ZONE SHOULD BE 100% EXTENTION
GBPJPY Setup 2.0 ready for wave 3 🌊This is my updated setup.
Waveforecast based on fib retracement, extension, time-based,EWO
Elliot wave GPBJPY setup 🌊My setup is currently in an ABC correction which ends in an third elliot wave.
Looking for higher highs to go long and catch the long ride. 🌊
GBPUSD 14/06/2021 GBPUSD is Ready To Rise AgainHere is my continuation analysis of GBPUSD. On my last analysis of GBPUSD, I was expecting that GBPUSD will go deeper for the retracement phase. But as we can see, last week GBPUSD retracement only until the 1.4070-1.4775 area. That indicates GBPUSD will not go down as deep as I count. For next week, I believe GBPUSD will start the journey to the upside again with the closest target is 1.4200 - 1.4225 area and completing my subwaves 3 counts around 1.4320 - 1.4350 area.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
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Cheers.
Elliot correction ETHUSDCurrent Setup
Update to my previous analysis.
I guess after the correction the price will go up again.
Elliot wave based on fib time, retracement +++
GBPUSD 31/05/2021 Correction for Going HigherHere is my continuation analysis of GBPUSD. Last week from my previous analysis, GBPUSD was hitting my TP1 area projection. And from that area GBPUSD bounce back to 1.4200 areas today. This indicates to me, that GBPUSD is ready to going to the upside again. As we can see GBPUSD in a 4h timeframe already making a channel to the upside. For today, I am expecting that GBPUSD will do retracement to the 1.4115-1.4135 area before going to the upside again and targeting the 1.4300-1.4325 area.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
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Cheers.
$BTC Elliot wave action down Here is Elliot wave count to the 25-27k range to finish the 5th Elliot Wave
I m always bullish, but take this level as a buying opportunity to blow off to 118k later. Bigger scale shows us we are at the 2nd wave retracement to 25-27k and current price action is showing us we are in 4th wave to 41-44k then down to 25-27k
Pls lmk your thoughts
GOLD (XAUUSD) 24/05/2021Here is my continuation analysis of GOLD (XAUUSD). As we can see GOLD (XAUUSD) right now breaking the daily downtrend channel. That indicates me GOLD (XAUUSD) will make a new trend to the upside. For now, I believe GOLD (XAUUSD) is in subwaves 3 for making the impulse moves to the upside.
Next week I believe GOLD (XAUUSD) will go to the downside to retest the daily down trendline channel and also to make subwaves 4 and then continuing to the upside again to complete the subwaves 5 and also the impulse upside movement.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
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Cheers.
GBPUSD 18/05/2021Here is my continuation analysis of GBPUSD. Yesterday as expected GBPUSD going up into the selling area. For today, I expect that GBPUSD will go to the downside to complete the subwave pattern before going back to the upside. I will put the link to yesterday's analysis in the related ideas section below.
Disclaimer: This is my personal trade setup !! Please use this only for comparison with your own analysis.
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Cheers
EURUSD 17/05/2021Here is my continuation analysis of EURUSD. From my previous analysis of EURUSD, the price has been rejected from 1.2050-60 area and last Friday's daily candle showed that EURUSD still in bullish momentum. But if I look at the weekly candle, EURUSD made Hangingman candlestick which indicates that upside movement getting less pressure. For this week, I will be looking for a selling opportunity because I believe that EURUSD will go to the downside for a retracement before continuing to the upside again.
Disclaimer: This is my personal trade setup !! Please use this only for comparison with your own analysis.
Share your thoughts or idea in the comment section below and if you like my idea give support by giving thumbs.
Cheers
