According to the previous analysis; and by completing the pattern, Bitcoin managed to break 6800 major resistance. We are discussing the possible scenario in this post.
Here we are analysing only the possible structure using Elliott Wave Patterns and we are not indicating any price point or time-lines...
The complex structure of #BTC which started in early 2018...
ear traders,
as you know are are in the channel. but in the bottom. i calculate wave degree and i get great result. tomorrow we can touch the bottom. but it doesn't mean we don't see bottom anyway. if we don't break 1235 now i can tell you we can move up. first 1370 and second we can reach 1565.
i will update every week on this page.
Thanks for taking time for...
Next probably motions of AUD index has been shown by neowave counting method... The first TP is 101 unit in the shape of A wave of triangle.... So, in the long time it is practical to rising some symbols such as #AUDJPY
A counter trend neutral triangle pattern has been completed in form of b of b wave. c of b will be ended at 25000-26000 zone target and after that the #DOW is ready to complete higher degree wave until reach to 22000-23000... by completion the flat pattern ABC It is expected to grow to 27000 level as the first target...
In 15 min time frame the USDJPY is ongoing to completed the final part of a counter diametric pattern. TP1 and TP2 has been shown on the chart.... Plesae wait to make two first arrows....
Forecast TVC:USOIL
Truncated
1.Wave-c cannot be shorter then 38.2% of wave-a, but should be less then 61.8% of wave-a.
2.After completion of zz the market must retrace at least 81% of entire zz and preferably it should retrace 100% or more.
3.the pattern will most likely be found as one of five legs of triangle or as a sement of one of the legs of a triangle.
#EURUSD seems is completing a reverse alternation of neutral triangle. Based on the black line drawn what is the named main scenario, after completing the pattern (the end of E wave), the rate rises to a range of 1/2800-1/3050. The second scenario is shown with a blue line that can be positioned after the break of the BD line. Stop loss is the break C wave floor....
