


ElliottWaveBelgium
PremiumEURUSD finished the B wave of a zigzag, looking now for wave C higher wich should play out as an impulsive wave. So, we are anticipating price to go to 1.19 - 1.21 area in the following weeks. I entered at 1.148 then 1.152 and 1.156 You can enter now, but it's better to wait for a pullback before entering for a better Risk/Reward ratio. So, Entry : on pullback...
USDJPY Look at my previous post for the first count I had in mind. () This count seems more plausible as we are seeing some USD weakness now. Price should go down to 110 possibly 108 wich will be my targets for the coming weeks. On this weekly chart we can also see a bearish candle formation giving more weight to the count. Setup Entry : Now or wait for a...
Price is making an impulse wave, we are in wave 3 for now. I'll wait for w3 to end or buy intraday maybe also short wave 4 intraday but don't really feel like it... Then go long wave 5, which might be one of the last ones as we would then finish wave 5 of (5) of 5 of (V) ! ¤ In that case, the 2007-2008 crisis will be a joke comparing to what will happen !
Silver getting ready to break this channel. Price finished (probably) this wave C lower of Y. Expecting it to go to 1.17 first.
Short term traide -- Pending Long Wait for wave 3 and 4 to end then go long up to wave 5 (For better view of the overall move look at my older post).
We are ending this impulsive wave higher in wave C of wave B of wave 2. Wave 1 is longer than wave 3 therefore wave 5 can not be longer than wave 3 giving a clear invalidation point (stop loss) for this count. So, * Entry : 112,32 * Stop : 112,72 * Target 1 : 110,40 * Target 2 : 109,90 * Target 3 : 109,00
Well, it seems XRP might just have finished the last wave 5 of C of Y. In that case, expect euphoria to take over again. Even tho I would like price to fall to one of the green marked level (Fib 100% 5v4, 61.8% YvW, 161.8% CvA) BTCUSD is still the leading force behind all other cryptos, and has still a bit of room to the downside. Ideally, I would like BTC to...
As you can see, price is living the last moments of wave C of wave 4 of a larger wave 3. This means we will see a wave 5 higher. My target will be 30000 !!! But beware, price will come down a bit more. Ideally, I would like to see it below 5000 to buy without regrets. Anyway, start selling your car, home, husband/wife and get ready to buy the BOTTOM !!! ...
We should be making wave C higher now, which is composed by an impulsive wave. But, where did wave 1 end ? If blue count is right, then we might be in an extended wave 3. Else, the red count is probable. In that case, wave 2 might not have retraced enough, therefore we might still be in a correction, price now making wave B of a zigzag. But it has to turn soon...
Go Long, R/R : >1/3 Stop : 1.0857 Target 1 : 1.1178 Target 2 : ~1.1250 (use trailing stop) Look for Bearish Divergence to find the end of wave 5.
We are in a correction started at 1.13 Two possible counts now : 1) Wave B is in place so now price is making wave C higher as a motive wave giving long opportunites. ---------------------------> LONG 2) We are in a WXY formation, so that we then need price to fall down to Y to have B in place, followed by a C wave higher. In this case, the (i, ii) wave count...
Looks like we are in a flat correction, in the C wave of the extended B of the Flat. C wave itself is composed of an Impulse wave. Looking for it to end soon (if it did not already), The impulse might be ending an extended wave 3, which means after a small wave 4 correction, price will carve it's way up for a fifth and last wave before giving us sell...
Small trade for the week 10 - 14 Sep. TL broken, divergence on RSI & MACD On MA(21). Move SL to break-even once 1:1 R/R is hit.
Wait for MA or Trend-line break before going long SL : a few pips below last low or 0.7202 for a more conservative one. Target 1: 0.7380 Target 2: ~0.7454 Target 3: 0.7560 to 0.7780 **Price neeeds to hold above 7203 for this bullish move to be valid !
USD weakness is kicking in after it outperformed it's pairs for the last months. Now EURUSD is looking for the upside, targeting the 1.20 area.
Simple trade for the week Entry on trend line break Invalidation level : 25815 Target 1 : 25600 Target 2 : 25500
Price is finishing a five wave bearish impulse move, so I then expect a corrective move up to .382 - .618 Fib levels. I won't go long just yet and definitely not short. Wait for price to turn before buying, don't try to catch a falling knife, you'll just bleed to death !
Impulsive wave is now ending (if it did not already end). This rally would be a corrective wave 2 or b. Anyway, expect price to go up to .382 or .618 Fibonacci levels (0.76 to 0.78 cents).