Hello friends In the Ripple currency, we see a clear 5 wave The next wave is corrective It can be counted in different ways! However, with the failure of the drawn down channel and pullback to it or reaching the important support level of 0.5600 or 0.5450, we expect price growth. Be profitable and successful.
Hello friends In Ethereum currency, we see a complete 5-wave pattern, which can be considered as A of ABC or 1 of a 5-wave pattern. Therefore, considering both situations, the price should reach the range of 2150 or 2250 dollars, which is equal to the drawn channel ceiling and 61.8% Fibonacci ratio. Triangles can appear in wave 2 of 5 waves (rarely) or B of ABC,...
Hello friends In Bitcoin currency, we see an ABC or 123 pattern Considering that wave 1 or A is a 5-wave pattern and wave B or 2 is a flat one, we cannot definitively say that we are dealing with a 5-wave pattern or an ABC pattern. Therefore, considering both situations, the price should reach the range of $41,000, which is equal to the drawn channel ceiling and...
Hello friends In the PEPE USDT cryptocurrency, we see a clear 5-wave completed pattern. Currently, this currency is undergoing correction. According to Elliott's rules, correction can correct up to 99% of its wave, of course, if we consider the last 5 waves as a wave of a higher cycle. But there are two important static supports for the currency. Therefore, we...
Hello friends In the AUDUSD currency pair, we see a clear 5-wave pattern At the 0.6600 range we have an important static resistance Therefore, we expect a correction Therefore, we can enter a SELL transaction by observing a failure and starting a downward trend Be successful and profitable
Hello friends In the AUDCAD currency pair we see a 123 or ABC pattern In the range of 0.9015 to 0.9052 we have an important static resistance Therefore, we expect to have a correction in both cases This correction can be wave 4 or the beginning of a downward trend If it is wave 4, according to Elliott's rules, it can go down to 0.8752 without violating Elliott's...
Hello friends In the pound, Canadian dollar currency pair, we see a complete 5-wave pattern Wave 1 is in the form of an initial triangle with an overlap Wave 3 is extended and wave 5 is shortened Assuming the ABC zigzag correction, wave A and wave B have been completed According to Elliott's rules, in zigzags, wave B corrects between 61.8 and 78.6% of Fibonacci...
Hello friends In Apple stock, we see a 5-wave pattern Wave 1, 2, 3 and 4 have been completed Wave 2 is formed in the form of a zigzag and wave 4 in the form of a triangle, which follows the sequence between waves 2 and 4 according to Elliott's rules. Wave 3 is usually 1.618 times wave 1, which is also observed and forms an ideal Elliott pattern. Currently, the...
Hello friends A 5-wave pattern is seen in the form of a corner pattern, which is usually in the initial wave 1 or the final wave 5, and the pattern is completed. Now we see a triangle pattern The triangle pattern is formed in wave B or wave 4 Therefore, we are facing two scenarios If it is wave 4, the price moves up and if it is ABC, it moves down Therefore, we...
Hello friends In Tesla stock, we see a 5-wave pattern This pattern might as well be ABC! However, considering the 5-wave pattern, wave 4 is over Probably microwave 1 of wave 5 and microwave 2 of 5 have also been completed Therefore, we expect wave 3 out of 5 Usually wave 3 is the strongest and most efficient wave Of course, if the price crosses the bottom of...
Hello friends We see an ABC pattern in the AUD NZD currency pair, whose wave B is ending as a triangle Triangles are very common in wave B Therefore, we are waiting for the end of wave B and the beginning of price movement towards the formation of wave C Wave C is usually equal to wave A or 1.618 of it This theory will be invalidated if the price crosses wave C of...
Hello friends In currency pairs USD CAD we see the completion of a 5-wave pattern and the beginning of an ABC Wave A and B or ABCDE triangle is formed Wave B will usually retrace to the range of 50 to 76.8 Fibonacci Therefore, in case of formation of a down trend, you can enter into a sell position Therefore, if our theory is correct, wave C will start soon and it...
Hello friends In Boeing stock, we see the completion of a 5-wave pattern Because wave A is 5 waves, therefore, the shape of the correction wave ABC is very likely Therefore, we expect limited growth in the form of wave B and much more fall in the form of ABC. But if our theory is correct, first the ascending wave B will form, then the descending wave C will be...
Hello friends In Tesla share, we see the formation of a 5-wave pattern that is finishing the 4th wave According to Elliot's classic rules, wave 4 should not enter waves 1 and 2 But Robert Preacher has allowed 5% immigration So, if the price crosses the set red range, our scenario is invalid But if our theory is correct, the rising wave 5 will form and the price...
Hello friends In the US oil price chart, we see a completed 5-wave pattern Currently, with the breaking of the upward trend line and pullback to it, a zigzag correction is being completing and we expect the price of oil to drop to $76. Good luck.
Hello friends We see a completed 5-wave pattern in the EURCAD currency pair After a complete 5th wave, a corrective zigzag pattern or... is formed If the drawn downtrend line is broken, we expect the price to fall to around 1.3752 Good luck
Hello friends We see the formation of a 5 Elliot wave in the EURAUD currency pair Wave 4 is in the form of zigzag WXY The second scenario is the formation of an ascending corner triangle in the form of an ending triangle in wave C In both cases, with the completion of wave 5 or C, which are probably completed at the ceiling of the ascending channel The price...
Hello friends In the Niki index, we see a 5-wave pattern which is completing the 5th wave It seems that wave 4, which is usually longer and more complicated than wave 2, has been completed, and wave 1 of 5 and 2 of 5 have also been completed. If the bottom range of 31323 specified in the chart is broken, our theory is wrong and should be revised Therefore, we...