elliottwaveprojection

Short term Elliott Wave view in USDJPY calls the decline from April 25 peak (112.4) ended as wave A at 108.99. This suggests the decline from there is unfolding as a zigzag Elliott Wave structure. Wave B bounce is in progress to correct cycle from April 25 peak in, 7, or 11 swing. The internal of the bounce is unfolding as Elliott Wave double structure. Up from...

Up down middle...who cares - I trade with confirmations and dollar cost averaging. Please note that I am not your financial advisor and this is only my opinion on the current market patterns

we are going short soon.

Bitcoin formed a big corrective structure all of 2018 and I believe it have ended. Price have began to rise quite impulsively from the $3,270 low of December 2018. Price is approaching a strong resistance/supply area around the $10,000 level wgere I believe we will encounter some weakness which will give people a chance to buy the pullback. In conclusion I do...

In case BITFINEX:BTCUSD has bottomed we can expect Wave 2 to commence. Wave 2 can potentially extend towards 61% Fib even lower as long as Wave 1 isn't surpassed. From there onward the next Waves will develop. 2 other scenarios that can happen in in a bullish perspective. Scenario 1 : The Waves develop but BTC manages to get up to 10k range before the...

Here is an idea about what has happened so far and where we may be going. This is a short term trend as the analysis is made on the four hour chart! The first Elliot Wave pattern has completed along with the ABC correction. It is very possible that we are now in the first wave move of another Elliot Wave? The volumes are picking up but we will need to see more in...

Look for the sell set up to finish the complex W-X-Y corrective structure.

Nasdaq (NQ_F) decline from April 25 peak (7879.93) unfolded as an impulsive Elliott Wave structure and ended wave ((A)) at 7290. The internal of wave ((A)) unfolded as a 5 waves impulse. Down from 7879.93, wave (1) ended at 7682.25 and wave (2) ended at 7872.50. Wave (3) ended at 7481, wave (4) ended at 7637, and wave (5) of ((A)) ended at 7290. Subdivision of...

I believe the bearish corrective structure is near the end and the Bullish wave have started. Look for a small corrective structure to ride the wave up to retest the highs and create new highs.

You know what it is like to get comfortable.... you know live in your comfort zone... we all do it from time to time, we accept that what is happening around us is okay and we continue to just exist... but what if... WHAT IF THERE IS MORE? What am I trying to tell you? So you only trade BTC or you only trade.... XXX....... I am here to tell you NEO is about to...

Elliott Wave view on Netflix (NFLX) shows an impulsive structure from May 2 peak ($386.26) . The move lower from May 2 ended wave 1 at $342.5. Internal of wave 1 subdivided as a 5 waves where wave ((i)) ended at $377.25 and wave ((ii)) ended at $385.16. Down from there, wave ((iii)) ended at $352.75, wave ((iv)) ended at $365.26, and wave ((v)) of 1 ended at...

Elliott Wave view on Oil (CL_F) suggests a 5 waves decline from April 22 peak ($66.6) which ended wave (1) at $60.04. In the chart below, we can see wave (2) bounce ended at $63.32 at the blue box. The internal of wave (2) unfolded as a double three Elliott Wave structure. Up from $60.04, wave W ended at $62.95, wave X ended at $60.66, and wave Y ended at...

Hello traders! Let's talk about Bitcoin. Everyone is already turning bearish, but no one noticed a potential running triangle pattern. Well, Bitcoin is trading sideways for the last couple of days, which more and more looks like a correction in wave (iv) that can be either a running triangle pattern or maybe even a deeper three-wave setback down to 4650 support...

Hello traders! Today we will talk about metals, specifically Copper. Metals are in a big rally and everyone is looking for a potential resistance, especially on Gold and Silver! But, Gold and Silver are quite unclear at this stage and it's hard to predict, where are they going to stop, so in our opinion, it's always good to take a look at correlated markets and...

Look for price to break out of the corrective structure to head lower in the bearish trend towards the support level of 108.490

going long soon

AUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 – 76.3. In the chart below, the bounce to 78.94 ended wave 2. Wave 3 is currently unfolding as an Elliott Wave impulse with wave ((i)) of 3 ended at 76.77. The internal of wave ((i)) subdivided as another impulse structure of...

Hi Traders, The GBPNZD daily chart above revealed that the sell-off from the high at 2.0476 to the low at 1.8132 was an Elliot wave impulse structure, labelled 1-2-3-4-5. According to the theory, a three-wave correction in the opposite direction follows every impulse. . The retracement after the impulse unfolded as a W-X-Y double three corrective structure with a...