ELLIOT WAVE ANALYSIS AND NEAR FUTURE PREDICTION
Güncellendi
As I have said before in the linked analysis wave 3 of this bull trend has started.
As you can see in the chart sub-waves (i) and (ii) of wave 3 are completed and sub-wave (iii) is halfway through.
sub-wave (iii) will end at the shown zone between 2 and 1.618 Fibonacci extension levels most likely at the same price wave 1 ended. after a short correction which will end roughly at the shown zone sub-wave (v) will start and I'm pretty sure it will be the biggest sub-wave of wave 3.
sub-wave (v) will start slow and linger in 1.28 to 1.35 zone BUT (and its a BIG but) it will explode after a 4H close above 1.36 and it will continue its climb toward 3$. Its hard to tell where it will end but it surely will NOT be below 1.7$.
KEEP IN MIND THIS IS JUST AN ANALYSIS AND EVEN I HAVE A BACKUP PLAN IF MY ANALYSIS TURNS OUT TO BE WRONG.
Never ever invest money you can't afford to lose.
Please comment your thoughts and questions. I will try my best to answer your questions and would love to know what you think.
As you can see in the chart sub-waves (i) and (ii) of wave 3 are completed and sub-wave (iii) is halfway through.
sub-wave (iii) will end at the shown zone between 2 and 1.618 Fibonacci extension levels most likely at the same price wave 1 ended. after a short correction which will end roughly at the shown zone sub-wave (v) will start and I'm pretty sure it will be the biggest sub-wave of wave 3.
sub-wave (v) will start slow and linger in 1.28 to 1.35 zone BUT (and its a BIG but) it will explode after a 4H close above 1.36 and it will continue its climb toward 3$. Its hard to tell where it will end but it surely will NOT be below 1.7$.
KEEP IN MIND THIS IS JUST AN ANALYSIS AND EVEN I HAVE A BACKUP PLAN IF MY ANALYSIS TURNS OUT TO BE WRONG.
Never ever invest money you can't afford to lose.
Please comment your thoughts and questions. I will try my best to answer your questions and would love to know what you think.
Not
Just a heads up:The correction that started 02 sep at 12:00 and ended 03 sep at 00:00 may or may not be sub-wave (iv)
If it is sub-wave (iv) we will linger in 1.30 to 1.35 zone (maybe hit 1.35 and have a tiny correction) and then after closing above 1.36 get boosted to our target above 1.7$.
Make sure you don't loose your chance to get on the train.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.