Another little inner wave is over.I expect it to bounce to the nearest resistance zone.
I believe it is forming a formation for an upward move. If an uptrend bar or trend break comes in, it might be wise to consider
It's very likely that the SP500 is in wave 4. The problem is the possibility of doing almost anything in the 4th Wave.(triangle, complex wave or simple zigzag) If so, it is okay to think that the price will go up as long as it stays above 4270, considering that it is doing a simple zigzag for...
Reached 135.500 with the 5th wave 4. Minimum retreat to the bottom of the wave can be expected (131.1) --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
The 5th wave is over and the rise can be expected.
3 waves seem to be finished. I'm waiting for it to go up in wave 4.
Today there is an explanation that concerns usdcad. "BOC Gov Macklem Speaks" The movement progresses in a harsh extension wave.But I saw a small deviation at 1.275. Presumably, Cad will try to hold its trend until the BOC announcement tonight (maybe one last hard pin up), then wait for a wave of correction. Follow Ema 20 or the white rabbit
The 5th wave is over and the rise can be expected.
1-5 impulse waves finished I'm waiting for a jump to fill the gap --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
If another down wave comes, there is a possibility that btc and all altcoins will start to rally up.
Internal count and volume support my 4th wave thinking If so, it can create a short and then a long opportunity.
The impulse wave may be over. Wait for the trend breakout --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
Level 2 subwave is about to end.Wave 4 has a high probability of starting
Wave counting in this horizontal area goes no further than fortune telling. But to show that there is such a possibility, I shared it with you. If the wave I marked with C at the end is impulse wave, long pose can be searched.
Another downward impulse wave is ending. For a long trade, you can look for 50% withdrawal at the engulf bar.
The ew count and rsi divergence show that the bearish pressure is weakening. A long position can be opened from the blue zone where the weekly support is marked. --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
The current view is that wave A is 1-5 impulse waves. Therefore, the downward C wave after the B wave can give a good short opportunity. --------------------------------------------------------------------- If my analysis supports your thoughts, do not hesitate to leave a like.
A bounce can be expected from the rising trend. I did the elliott wave count in my previous audusd analysis.But it may have extended the last wave or doing abc.