© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The short-term outlook suggests that the recent completion of the 1-red wave and the initiation of the 2-red wave are underway, and it appears that the latter has just concluded. Maintaining price above the support level at 92.93 would be an initial advantage for this perspective. However,...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that wave (iv)-purple may have bottomed out at 2285.2, allowing wave (v)-purple to unfold upwards. The short-term outlook suggests that wave ((1))-red recently reached a peak, and wave ((2))-red is unfolding to push lower. Subsequently, wave ((3))-red will return to begin...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that wave 4-red appears to have ended, allowing wave 5-red to unfold upwards. The short-term outlook suggests that Bitcoin has just completed wave (i)-purple, and wave (ii)-purple is unfolding to push lower, targeting support around 60889-59844, before the third wave...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that wave 4-red appears to have ended, allowing wave 5-red to unfold upwards. In the short term, the upward movement from the low of 56552.82 is crucial to reaffirm the bullish outlook. Pushing above the level of 67232.35 would further strengthen the medium-term bullish...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that wave (iv)-purple may have bottomed out at 2285.2, allowing wave (v)-purple to unfold upwards. In the short term, the completion of wave (iv)-purple in an ABC pattern indicates that the upward movement from 2285.2 suggests that wave (iv)-purple may have ended. Pushing...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The short-term outlook indicates that Wave (iv)-purple has ended as expected, and wave (v)-purple is being opened to push higher. It is targeting a goal of 31.10 while maintaining a price above 25.87 is advantageous and provides significant support for this outlook. Invalidation point: 25.87
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The broader context suggests that wave (iv)-purple continues longer than expected, pushing lower, looking for targets around the 2260 area. The short-term outlook shows that the x-blue wave recently ended, and the y-blue wave is opened to push lower, while price sustaining below the 2317 resistance...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context indicates that wave (ii)-purple appears to have just ended, and wave (iii)-purple is being initiated to push lower. In the short term, wave (iii)-purple seems to be opening up to push lower. Wave i-blue is currently in progress, and surpassing the level of 82.14 would indicate the...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The near-term outlook suggests WES may be ready to push higher. Invalidation point: 63.81
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The short-term outlook suggests that the 2-red wave appears to have recently completed as a Double Zigzag correction, and the 3-red wave may be ready to push higher. Further upward movement would confirm this outlook. Invalidation point: 140.50
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The latest forecast for Gold to fall lower with wave ((2))-red has taken place 🎯. Here is the latest update: The broader context suggests that the iv-purple wave may have concluded, and the v-purple wave may be ready to push higher. The short-term outlook suggests that the ((1))-red wave has just...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that the ((ii))-green wave has just concluded, and the ((iii))-green wave is currently unfolding to push lower. In the short term, the outlook indicates that the (i)-purple wave has recently completed in the form of an expanding diagonal, followed by the (ii)-purple wave...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that the iv-purple wave may have concluded, and the v-purple wave may be ready to push higher. In the short term, the outlook indicates that the iv-purple wave unfolded as a Flat correction and has ended. The v-purple wave may now be unfolding to push higher. In the short...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that the 4-red wave has concluded, and the 5-red wave may be poised to resume and push higher. In the short term, the outlook indicates that the (i)-purple wave has recently completed, and the (ii)-purple wave unfolded as an Expanded Flat correction, which has just ended....
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context indicates that the 1-red wave has recently concluded, and the 2-red wave is now unfolding to decrease further. In the short term, the outlook suggests that the (a)-purple wave has completed, and the (b)-purple wave is currently unfolding to push slightly lower. Following that,...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The broader context suggests that gold has likely completed the iv-blue wave, and the v-blue wave is now unfolding to continue pushing higher. The short-term outlook describes in detail the iv-blue wave, which unfolded in the form of a Flat correction and appears to have concluded. Now is the time for...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfolding to push prices higher. We are closely monitoring NAB, and...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfolding to push prices higher. Breaking above the 26.5 level would be...