Elliottwave-Edge

13:38

Elliottwave-Edge

4th wave is expected to close between 1878-1897 If close below $1878 then we may see a trend reversal and further downfall towards 1836/1800 SNP500 after five impulses in correction. #XAUUSD #gold

09:10

Elliottwave-Edge

Five impulses 12345 is completed at 17760 After the completion of five impulses, there is a correction as flate , Zig-zag or inverted flate . Correction after five impulses is longer than the prior two corrections. Fibonacci 38.2% at 18200 & Fibonacci 50- 61.8% at 18462 These two levels are for correction targets for the entire five impulses in coming days. #nifty50

06:45

Elliottwave-Edge

How to trade forex like a professional? A chart tells you much more. #forextrader #forexsignals #mentor #forex #GBPJPY

09:40

Elliottwave-Edge

AUD/USD Detail Analysis for the Year 2023 To a Higher Degree Daily Time frame Wave 1 & 2 is completed Wave 3 is continuing. The year 2023 may be bullish for AUD/USD as it is wave 3. Sub-waves of 3rd wave are unfolding. Stoploss for Bulls is below 0.67200 #forex #audusd #elliottwave

06:12

Elliottwave-Edge

For a Week (9th to 13th Jan 2023) #Nifty50 is Five impulses in down ?? It is interesting to see 4th wave correction unfolding. Is it completed or going to unfold more complexly?? hmm, Have you noticed 2nd wave was inverted flat? It might be possible that 4th wave has been over at 18266. I need more confirmation around 17950. If fails then we may see the 5th...

Elliottwave-Edge

AUD/USD @ 0.66500 3rd wave is normal upto 161.8%(1st Wave) 4th wave is inverted flat. Expecting 5th wave to be an extended Target 0.71800 Stoploss @ 0.65800

Elliottwave-Edge

Either V wave completed @ 1810 or will complete at 1844/1909/1950/1977 If we consider 4th wave completed @ 1740 and gold is in extended 5th wave then 1st wave (1740-1810) of extended 5th wave is completed 2nd wave (1810-1765) Now 3rd of the 5th wave may see 1844/1910/1950 any one of this level.

Elliottwave-Edge

AUD/USD Five impulse 2nd wave has flate & Dipper correction, So 4th may be shallow and zig-Zag As shown 4th has made an inverted flat which is a sign of an extended 5th wave. If we consider 0.66 670 as the 4th wave end then the 5th wave may see at least 0.70900

Elliottwave-Edge Updated 

We can see five waves started from 1616 1st wave : 1616- 1682 2nd wave : Shallow Correction 23.6% of Wave 1 3rd wave : 1665-1786 around 180%(1st) 4th wave : also shallow correction upto 1757 Now we have seen 2nd and 4th wave is shallow correction . There is a high chance to be a extended 5th wave 5th wave Forecast : If 5th wave extended then 100% (0-3) is @...

Elliottwave-Edge

As shown in the chart , USOIL was around at $81 on 5th Dec 2022 We can see in the chart, USOIL unfolds the 4th wave as a triangle or complex correction. 1st and 3rd waves equal 100% 2nd wave is simple and shallow . If the 4th wave also is shallow at 38.2%(3rd wave) then 80.90 is a key level support for Big move. As per the Elliott rules one of the three waves...

Elliottwave-Edge

Stating five wave counting from 0.62760 1st wave : is normal 2nd wave : has given simple deep correction. 3rd wave : is 138.2%(1st wave) which is also normal. As per Elliott's rules, one of the three impulses is extended. So here 1st and 3rd are normal so there is a high chance to be an extended 5th wave. 4th wave: is under progression or it is completed @...

Elliottwave-Edge

DXY is in the 4th wave as shown in the chart. 1st wave started from 89.200 2nd wave was simple. 3rd wave was extended and steep up to the 114.800 Now we are in a 4th wave. It may be completed at exactly 38.2%(3rd Wave) at 105.240 or we may see continue complex correction as ABCDE So if 4th wave is over at 105.240 then we may see a new Bull rally towards 122...

Elliottwave-Edge

We can see ABC correction is going complete near 138.900 Once we close above reflex point 139.700 and from there, any correction is buying opportunity for Target 141.500/142/143

Elliottwave-Edge

Gold : Resistance: 1687-1673 Support: 1566-1598 Above 1690 for 1728 Below 1648 for 1620/1598

Elliottwave-Edge

Wave 1 : 880-1280 Wave 2 : Simple Flat Correction 1280-1013 , Fibonacci 70.7% (1st) As per the alternation rule,wave 2 is simple and Dip so wave 4 may complex and shallow Wave 3 : Fibonacci 261.8%(2nd) (1013-2034) we can see as per the 3rd wave personality, wave 3 is fast and steep. Wave 4 : we know wave 4 is complex time consuming and shallow so we may see an...

Elliottwave-Edge

II wave has 38.% correction of Ist wave @ 1321 Here Complex correction has seen as WXY which is inverted flat. So we may see the next Bull run is Fast and devast My target is $2500 and Stoploss 1321 Current Market Price @1340 Risk Reward more than 1:100

Elliottwave-Edge

Five impulses on Log Chart ($0.5 - $4800) WXY Flat Correction after five impulse W wave: $4800-$880 X wave as Zig-Zag Forecast, i) 61.8% of W wave - $2500 ii) 100% of W wave up to - 4800 iii) if inverted flate then we may see above all-time high $4800 Forecast Y wave : Truncated Y wave: $1000-$1400 Extended Y wave: $100-$500

Elliottwave-Edge

XRP is in triangle correction 4th wave and it is over at 0.47400 So 5th wave may see 0.58 Stoploss below 0.47300