HematiHassan

HematiHassan

we are at the end of wave 2 in wave B correction which includes A,B,C waves. Wave A and B of Wave B correction is completed and wave C has started. Wave C includes 5 waves, wave 1 and 2 is completed and wave 3 is gonna start.

HematiHassan

it can be a good PRZ (78% fib and another historical resistance and middle line of channel).

HematiHassan

It's expected to go up to the top of the channel in where wave 3 is completed.

HematiHassan

Wave 2 is completed and it will go down to complete wave 3, on the other hand, it's on the top of the channel.

HematiHassan

Wave 5 is completing. Since the whole 1-5 structure has been in a big channel, it's expected that the end of wave 5 would be the end of channel.

HematiHassan

Hi everyone, as it can be seen in the chart, the end of price movement has been in a triangle which is a part of big channel. So we expect after breaking the triangle, it goes down to the end of the channel. Also the Elliot wave approves the expected trend.

HematiHassan

the first target of wave C is the same level as A and the 2nd will be 100% APP and 1.27 which is a very good cluster will be the final target.

HematiHassan

go short

HematiHassan

go long

HematiHassan

new impulse wave

HematiHassan

Go long

HematiHassan

Wave 2 is being completed APP 100 can be the end of wave c

HematiHassan

the minimum wave 4 is 38% of Ret wave 3 and the maximum is 61.8%.

HematiHassan

Wave 4 can be a complex correction, abc correction can continue with WXY and then another ABC correction, It's time to just sit until wave 4 is completed.

HematiHassan

Completion of wave C correction is being completed and then 5-wave down will start

HematiHassan

Wave 2 was ABCDE correction, now it's time to go to completion of wave 3

HematiHassan

The 1st scenario was ABC flat correction, but it didn't happen, It's gonna be a triangle ABCDE

HematiHassan Updated 

The cluster of FE100% and RET 50%