- This is an Elongated Flat corrective pattern.
- Wave C of Higher wave is forming.
- The 3rd Wave has really deep and I expect correction to complete Wave 4
- There should be alternation between Wave 2 and Wave 4 in terms of Fib retracement, time and subdivision of monowaves.
WAVES ANALYST
Forex, Metal, Commodities, Cryptocurrencies, etc
Thursday, July 8, 2021
LONG EURUSD 08/07/2021
Tuesday, July 6, 2021
SHORT XAUUSD 06/07/2021
GOLD
Gold price action making last 5th Wave move to complete the downtrend impulsive wave then to correction.
Disclaimer: This is author's trading view on the asset; hence not a financial advise.
[CRYPTOCURRENCY] BUY EPSBUSD 06/07/2021
ELILIPSIS.FINANCE
Triangle formed after long period of downtrend
- This is an asymmetric triangle of ABCDE.
- The E wave bounce off from 50%-61.8% which makes the triangle a valid one.
- It took 20 hours for E wave to form and took 10 hours to breakout of the triangle which makes it a valid triangle.
- I am expecting a 261.8% move as target point for the assest at $0.741
MARKET WHERE YOU CAN GET EPS
- Binance
- Pancake Swap
- CoinEx
- MexC
Disclaimer: This is author's trading view on the asset and not a financial advise.
Monday, July 5, 2021
LONG GBPJPY 05/07/2021
Triangle with Wave A the Largest
- Price breaking out of 56.3% Fib retracement of Wave A is valid breakout.
- Triangle occurs at Wave 4/Wave B/the last pattern in Double-three and Triple Three combination.
- Triangle signifies change in market sentiment from Bearish to Bullish vis versa when it ends Double-Three and Triple Three combination.
- Target is based on equal distance between Wave A and proposed price target for profit
Disclaimer: This is author's trading view on the assets and not a financial advise.
Sunday, July 4, 2021
LONG BTCUSD 04/07/2021
- This is a raising/ending diagonal terminal pattern
- It occurs at Wave C [Corrective pattern] or Wave 5 [Impulsive pattern]
- I expect price to close a bit above 78.6% of Wave 3 but won't touch 100%
- The next price action should be a downward corrective pattern if it is a Wave 5 terminal pattern
- Alternative, if it is an ending diagonal Wave C, i am expecting a Corrective Wave X then a probable Zig-Zag corrective pattern that will take the price higher
https://www.tradingview.com/chart/BTCUSD/5cxYHyuo-LONG-BTCUSD-04-07-2021/
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