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Elliottwaveanalyis

EURJPY by ELLIOTT WAVE PATTERNSA triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E. A triangle is delineated by connecting the termination points of waves A and C, and B and D. Wave E can undershoot or overshoot the A-C line, and in fact, our experience tells us that it happens more often than not.
Long
by ElliottWavePatterns
📭IT holding of Russia at the start (MAIL)●● Mine scenario ● 1W The top of the triangle ((B)) of IV is passed. A single zigzag, presumably the fourth wave of the " Supercycle " wave degree, can rightfully be considered as completed structure. According to the most conservative estimates, the growth potential of wave V is more than 150 % of the current price. ● 1D The minimum structural requirements, the minimum norm for the second wave (2) of ① are met. Wave (3) growth is expected from the current prices. But keep in mind that the correction (2) of ① may show a deeper pullback to the levels: 21.80-19.15-16.90 . The two most relevant variants of transformation of the wave (2) are schematically depicted on the " 4h " interval with a dark background and black markings on the light count on the right. ⬇ ● 4h Dark background. A variant of the count with the probability of transformation the wave (2) to a double zigzag W - X - Y . The reversal targets for wave X of (2) are indicated by red Fibo levels and highlighted by a pink channel. Light background. The color marking, as the main scenario, will be confirmed if the waves ((i)) - ((ii)) of 1 are formed with the breakdown of the top B of (2) — " bull lvl " and are fixed above the upper boundary of the descending channel. Black color marks the count option with the probability of continuing the decline of the wave C of (2) in the form of a impulse or a wider diagonal. Scenario cancellation: breakout of the " bull lvl " level ( 2297 ). The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
MLong
by TradeWaves-EWA
🧮 Elliott Wave Pattern. Combination: "Double Three"●● Combination ( CMB ): "Double Three" The SZ (FL) -X-T combination is the most common. ❗❗ Rules ● A "double three" combinations comprise two corrective patterns separated by one corrective pattern in the opposite direction, labeled X . (The first corrective pattern is labeled W , the second Y ) ● A "double three" flat combination comprises (in order) a zigzag and a flat, a flat and a zigzag, a flat and a flat, a zigzag and a triangle or a flat and a triangle. ● Wave X is any corrective wave. * ● Wave X always retraces at least 90 percent of wave W . ● Only one of the W or Y waves can appear as a single zigzag. ● Combinations can occur in the same wave positions as flats and triangles (except for the triangle subwave) but cannot occur in waves W , Y or Z . * most likely, except for the triangle. ❗ Guidelines ● The X wave is often 123.6% of the W wavelength. ● When a zigzag or flat appears too small to be the entire wave with respect to the preceding wave (or, if it is to be wave 4 , the preceding wave 2 ), a combination is likely. ☝ Notes ● An expanding triangle has yet to be observed as a component of a combination Elliott Wave Principal 2005
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
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