Trend: Uptrend EW No.: Wave IV to Wave V Note: I see correction waves ABC with a 5-5-5 wave pattern. Probably wave C (in circle) is complete. If Wave C is completed, then we may witness a new Wave 1 (in a circle) to complete Wave V. This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade.
Trend : Uptrend EW No.:- Original plan : Wave ii in circle completed Option 1: Final wave c for Wave ii in circle Option 2: More complex wave of Wave ABC. This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
Trend : Uptrend EW No.:- Option 1: Wave WXY or Option 2: Wave WXYXZ Note: Currently I see a correction to form Wave 2 is in progress. This is the wave from Wave 4 to Wave 5 (Refer previous chart). This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
This is an update on EW counting, as the previous counting was wrong. Trend: Uptrend (Preferable) EW No.: Option 1: Uptrend Wave (IV) to Wave (V). Option 2: Downtrend Wave 1 to Wave 2 if Wave (V) is completed. This is just my point of view only. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
Trend: Uptrend EW No.: Option 1: Wave 1 to Wave 2. Minor (Wave B to Wave C) or Option 2: Wave X to Wave Z, which is less likely. Note: Currently I see a correction to form Wave 4 (blue in circle) is completed. If I am correct, Wave 4 to Wave 5 started with Wave (1). Now the price is moving to Wave (2), where I suppose the minor waves are ABC (3-3-5) as Option...
Trend : Uptrend EW No.: Wave 1 to Wave 2. Wave B to Wave C. Note: Currently I see a correction pattern of 535 in progress to complete the Wave 2. Wait for the completion of Wave 2 in the zone before taking any action.
Trend : Uptrend Current wave : Wave3 to Wave4 Note: I see option 1 as WXY as combination of zigzag and triangle and option 2 as combination of zigzag+triangle+zigzag. Plan : Wait until triangle complete before joining the uptrend to Wave5 or wait the completion of option 2 complex waves. This is only my point of view. No trade recommendation and do your own TA...
Trend : Uptrend Current Wave : Wave 1 to Wave 2 Note: If the counting is right, the minor wave is currently moves toward Wave C to complete Wave 2. I am sure the Wave C is not yet finished. Thus we need to wait until we see a reversal structure to confirm the completion of Wave 2. At this moment the corrective wave structure forming just a simple ABC. If the...
Trend : Uptrend Current Wave : Wave 1 to Wave 2. Note: If wave 1 completed, we want to see a retracement wave ABC/WXY/. I don’t which one will happen. Plan : I want to see a reversal of wave A before join the wave to wave B and join the wave to wave C when reversal can be seen at wave B. Finally join the wave from wave 2 to wave 3. This is my point of view only....
Trend : Bullish EW No. : Possibility of Wave 3 completion and price makes correction to complete Wave 4. Price may form an ABC or WXY or WXYXZ correction. I don't know which one. Plan : Wait for price to come into potential zone and look for reversal in that zone for confirmation. Note: This is ONLY my point of view on technical analysis, do your own analysis. TAYOR.
Trend : Bullish Continuation from previous daily chart. Plan : Looking for a pullback / retracement to specific zone (setup zone). This is only ideas, please make your own analysis before make an entry. TAYOUR
Monthly Trend : Down trend EW No. : Moving to Wave C to complete Wave Y. Plan : Wait the price come to the liquidity zone then looking for reversal.
Trend : Bullish Current EW : Possible Wave 4 completion if Wave e completed. Plan : Looking for buy setup when price break the resistance. Price may drop to triangle support level if she not breaks the resistance.
Trend: Bull Phase: Retracement EW: Completing wave 4 of Wave Y. Plan: Wait for entry at Wave 5 of Wave Y. CL: Close below wave 5. TP: Wave 5 of the continuation trend. Trade at your own risk.
Btcusd may want to retrace to wave IV if wave III completed. Then we can ride the wave to the final wave V to complete major wave 5. Hope the counting is correct. Money management is required to protect capital.
BABA is now in retracement to complete Wave (2). Possible to retrace with an ABC pattern. However, at this moment, only see Wave A of Wave (2). We need to see more waves to confirm the completion of Wave (2).
Gold already completed her wave (III) and is now moving toward wave (IV). As we may see, the wave (II) is a simple correction wave, we may expect the wave (IV) will be a complex retracement, which is WXY, perhaps 5-3-5 waves, but it's too early to say that. Anyway, that is just my 2-cent opinion.
Based on my EW study and if my EW counting is right, BTCUSD will fly higher. If USD is going to crash, then it is possible for BTC to fly high. Same goes to gold. Just my 2 cent opinion. Do you own analysis too friends.