WAVE 3 OF 5 BLOW OFF IS STARTING IN ALL INDEXES The markets look to be setup for wave 3 of 5 to start . i am going back to a net 100 % long in calls only
C-WAVE
AUDUSD may be done with its first bearish impulse Hi trader,
please see above my current idea on AUDUSD for a good long swing opportunity.
My idea is based on my Elliot Wave knowledge and the fact that we are seeing here an ending diagonal, which would now lead to a 50-61.8% retrace for wave 2.
For further informations see below.
RT
EURAUD Starts selling-off Its In Wave 3 PhaseEURAUD seems to be in a wave 3 phase less price will continue to the downside. Wave 3 is normally a wave that extends the most with very fast price action. One way to measure wave 3 is by the use of the Fibonacci extension tool, we will wave 3 starts to unfold soon. We are currently in wave (5) of a higher timeframe hopefully price will move down soon it will be very interesting to watch. How I like to look at wave 3 is by referring to wave 1 price if wave 1 was slow and choppy then that means the wave after wave 2 is wave 3.
CROUSD Bullish Impulse or Corrective Extension....BITTREX:CROUSD
It appears the correction is over for CRO, it wants to fly!
If we are in a bullish impulse then we may see targets such as the 1.618% Extension or much higher, possibly up to 3.618% or higher if the market allows. But let's not get ahead of anything.
Should the move prove only corrective in nature then we can presume lower targets such as the .618% up to 1.236% Extensions.
Picture Perfect Cup And Handle?Given that the market structure has been pretty weak lately, if we print another rounded top on our way up to hit the cup and handle targets, ill probably scale almost 100% out of the markets.
We've been banging against overhead resistance in the middle of this channel for some time now and i would expect a pretty substantial drop after this next leg up.
Obviously nobody knows where the next top will be but i'm aiming at 80-90K, it may break up it may break down, keep your eyes on the charts and trade accordingly.
Its good to note that as we near, what i am looking at as getting close to, the end of the cycle remember to pull profits frens.
You haven't made any money until your profits are actualized.
And as always,
Good Luck And Safe Trading.
EURAUDIs in wave c. It corrects slightly downwards to complete wave 2 of wave c, and in total it will grow upwards in a wave of five waves in the form of wave c. Wave 4 will be completed in the higher time frame and then Wave 5 will start moving downwards as you can see in the figure.
In the coming weeks, I will update the Wave 4 price target in another post.
The entry range is specified on the chart.
Elliot Wave on WRAPLooks like a perfect Elliot wave forming on WRAP. Going long using the bottom line as a stop loss. Expecting a solid bounce back off the bottom and then finding new all time highs.
1/22 $5c
a little drop for btc is comingthe volume is in a downtrend which is starting
according to past channels and fibonacci that may be the support and buy zone
idea for sol with elliot wavesim bbuying here because its a retracement from the c wave
277 is my target before a big correction
21/11/10 - GBPUSD is about to finish its correctional wave C Hi Trader,
see my current Idea on GBPUSD. For further informations about me and my services look below.
RL from RT_Trading
The most possible trends for polkadotThe basic trend is uptrend but in 2 ways it will be firstly downward then upward and in 1 way shows reaction to the oriented trendline then goesup.the level lines are spotted at the chart.
idea for a gem on kucoin htr/usdthis is a gem on kucoin which is like sol but better and made a 168% these weeks now it seems like completed the cycle so im waiting a correction so we can go more up
Bitcoin Price Prediction Wave AnalasysBitcoin Price Prediction Wave Analasys - Very nice prediction very good like obama barack the third
BRENT: Daily View As 4th and 5th Still in ProgressThis is the Daily TF overview of pricing structure and projection.
(You can find my previous analysis for H1 TF in Related Ideas)
GBPJPY: Long Term Rally Seems Started?Long time after its' inception, GBPJPY seems like finally trying to stand up. It won't be easy to break decades long Bearish Bias. But we will start to see stong bulls gathering in the upcoming weeks, months...
And considering JPY is a safe-haven, think about the inflation awaiting us :)
SPX: Long Term OutlookMeasuring the rally to see how next episodes could unfold. Currently 3rd wave's ending extension is happening. It will end up with double-top h&s formation, then we'll look for #4.
if #3's extension will complete at 61.8% or lower, then #5 strongly possible can suggest 10K for the final range.
GBPJPY: Daily TF Elliottwave Projection MidtermMeasuring in daily TF, just ruler & guideline for swing-traders. Taking 0-1-2 as base for measuring 3-4-5.
(Sorry, removed the previous one as it said to be Daily TF but published mistakenly in Weekly)
BRENT: Overextended 3rd Wave & Pygmy 5th3rd Wave has extended 276.8% and this overextension did not leave room for 5th to reach its' own targets. Limited it with 100% of 1st Wave.
I don't expect HH despite nice bull attacks happening, it's sell until 78-79$.
SHIBAINU/USD shows reaction to Fibo-Predictionin a high possibility shibainu will fall to the specific area of fibo in the chart and then will rise to the previous historical high in the last week.
Wave next moveWave looks good and is it on its support you can long it with low leverage
trade at your own risk
sl=24.5
Tp=28$
bitcoin chart daily with elliot waves if you look at the daily chart of bitcoin it shows a clearly and simple wave structure which is bullish and can drive us into 80k in this bullrun
so there is only one thing to say: hold
Elliott Wave Zig Zag Proper Labeling Here is a visual representation of an Elliott Wave Zig Zag with some common labeling mistakes. Also has some idealized Zig Zag guidelines as well.
xrp have big bullish move i show a path that have a nice possibility of wave 3 and going too the moon for next 3 month(i think next 2 or 3 month) and wave 3 i a very big bullish wave
so buy it and hold that
