Get started

Ending Diagonal

TEXTBOOK Ending Expanding DiagonalDino juice looking like a page out of an Elliot Wave Theory textbook. All rules have been illustrated to be present and not broken. This is probably the most extensive analysis I've done so I would love to hear any feedback. Always do your own due diligence. Supposedly these patterns are "extremely rare".. Ending expanding diagonal Rules (these are “hard” rules; they cannot be broken) A diagonal triangle always subdivides into five waves. An ending diagonal always appears as wave 5 of an impulse or wave C of a zigzag or flat. Waves 1, 2,3, 4 and 5 of an ending diagonal always subdivide into zigzags. In the expanding variety, wave 3 is always longer than wave 1, wave 4 is always longer than wave 2, and wave 5 is always longer than wave 3. In the expanding variety, wave 5 always ends beyond the end of wave 3. Guidelines (guidelines can be broken but it’s rare that they are) Within an impulse, wave 5 is unlikely to be a diagonal triangle if wave 3 is not extended. In the expanding variety, wave 5 usually ends slightly before reaching a line that connects the ends of waves 1 and 3. source: worldcyclesinstitute.com
TVC:USOILShort
by theroadtoprofit
4
Crude Oil WTI Wave 5 Ending Diagonal Hello everyone. I just wanted to bring this to your attention. There's a very high probability WTI will pull back significantly. As illustrated above, I believe Crude is almost completing the final wave 5 of what I believe is a wave 1 of a much larger sequence. The wave 5 is a complex, one called ending diagonal. If I was long on oil futures I would be closing my position ASAP. And be looking to shorting here, along with some energy companies. Please keep in mind I'm only sharing what I'm doing, I'm not a financial advisor and I'm not telling you what to do. Good Luck everyone
TVC:USOILShort
by FreedomBuilder
14
Elliott Wave Analysis: SILVER UPDATEHello traders and investors! We want to update our silver chart from December 20 2021, where we mentioned and highlighted about that bigger ending diagonal pattern within wave C of a bigger A-B-C irregular flat correction. As you can see, we are still moving within final wave "v" of C, which should be finished in three legs (a)-(b)-(c) and after recent corrective rally in wave (b), we could be now in final stages of wave (c) of "v" of C that can ideally stop in the 21-20 strong support zone and from where we will expect a bullish reversal. All the best and have a nice weekend! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
OANDA:XAGUSD
by ew-forecast
Bitcoin BTCUSDT - Bullish Elliott Wave + Huge channel- This is a bullish scenario for Bitcoin, if this scenario is wrong, then now we should see a small ABC to the upside (40-42k) and then another small 12345 Impulse down to 20-30k. - For now this huge ABC correction has been completed succesfullly, but we do not know yet, if this major ABC correction turns into 12345 Impulse to the downside. - The price is currently moving in the parallel channel on the daily timeframe. - We also have a bullish hammer on the daily / 3D chart and RSI is very low. - I think we are going to reach 40-42k in the near future before another threat can possibly come. - 95% of altcoins looks still terrible, only few will go higher, for example ATOM is a great choice.
Long
by UnknownUnicorn2537518
5
Cardano ADAUSDT - Entered bearish territory + Head and Shoulders- Cardano is not looking good at this moment. - We have the lowest new weekly candle with low at 0.917, which is the lowest value since 22 February 2021. - Head and Shoulders pattern just broke down with strong momentum! - Also the impulse Elliott Wave finished with 5 waves successfuly. - The price is below the main trendline established in March 2020. - Next support is 0.39 USD, which is another drop about 63%.
Short
by UnknownUnicorn2537518
4
Ethereum Analyze (Road Map)!!!🗺️Hi, I want to show the road map🗺️ of Ethereum in this post. First, I want to back to my last post about the Ethereum road map🗺️, my road map was run 😱 great 😱 and if you want to know more info about the Ethereum road map🗺️, please visit my post 👇https://www.tradingview.com/chart/ETHUSDT/E6kgsNtc-Ethereum-Counting-Waves/ Ethereum Analyze ( ETHUSDT ) Timeframe 12h ⏰ ( Log Scale ) Location🌊 : Since Ethereum broke the important uptrend line, I can say that Main wave 4 was started. The main wave 4 can continue until Ethereum 2 is launched. I tried to show you some patterns that happened on the Ethereum road map. Now the Ethereum is running at the ending diagonal pattern and it can be a sign for ending micro wave C of one of the main correction ways. The end of the microwave C 🎯Zone🎯 : 🟢 3460$ Until 3270$ (Support + Cluster of Fibs + SMA 200 at Daily timeframe ) Resistance zones on Ethereum's way : 🔴 4580$ until 4240$ Also, RSI is running at a Symmetrical Triangle at Daily timeframe, and I believe that end of microwave C can be around the lower line of the Symmetrical Triangle. 👇https://www.tradingview.com/x/LNx9rAB4/ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
BITSTAMP:ETHUSD
by pejman_zwin
23