SP500 & Nasdaq 100 Insights: Optimize Trades with Elliott Wave Analysis
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By tradinglounge · Posted
Australian Dollar / Japanese Yen (AUDJPY) Day Chart AUDJPY Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: impulsive STRUCTURE: blue wave 5 POSITION: black wave C DIRECTION NEXT LOWER DEGREES: new impulse 1 DETAILS blue wave 4 looking completed at 99.950. Now blue wave 5 of C is in play. Wave Cancel invalid level:99.95 The AUD/JPY Elliott Wave analysis on the daily chart provides an in-depth look at the market's current dynamics. This analysis identifies the function of the movement as a counter-trend, indicating that the market is moving against the primary trend. The mode is described as impulsive, which implies that the counter-trend movement is strong and directional, typically structured in a five-wave pattern. The specific wave structure under examination is blue wave five, indicating that the market is in the final phase of this particular impulsive counter-trend movement. Within this structure, the position is identified as black wave C. This suggests that the market is in the third wave of the counter-trend sequence, specifically the last push of the counter-trend correction before a potential return to the primary trend. The direction for the next lower degrees is set for a new impulsive wave one. This means that following the completion of the current impulsive counter-trend wave, the market is expected to start a new primary trend movement, beginning with wave one. The detailed observations note that blue wave four appears to be completed at the level of 99.950. Consequently, the market is now in blue wave five of C, suggesting a continuation of the counter-trend movement within this final wave phase. An essential aspect of the analysis is the wave cancel invalid level set at 99.950. This level acts as a critical threshold; if the market moves beyond this level, the current wave count would be invalidated. This would necessitate a reassessment of the wave structure and could indicate a potential change in the market's direction. In summary, the AUD/JPY Elliott Wave analysis on the daily chart indicates that the market is in a strong counter-trend movement, specifically in blue wave five. The current position is within black wave C, suggesting an ongoing counter-trend push before a likely return to the primary trend with a new impulsive wave one. The analysis also highlights an invalidation level to watch, which is crucial for monitoring potential shifts in the market's behavior. AUDJPY Elliott Wave Analysis Trading Lounge 4 Hour Chart, Australian Dollar / Japanese Yen (AUDJPY) 4 Hour Chart AUDJPY Elliott Wave Technical Analysis FUNCTION: Trend MODE: impulsive STRUCTURE: red wave 3 POSITION: blue wave 5 DIRECTION NEXT LOWER DEGREES: red wave 4 DETAILS red wave 2 looking completed . Now red wave 3 of 5 is in play .Wave Cancel invalid level:102.066 The AUD/JPY Elliott Wave analysis on the 4-hour chart presents a detailed view of the market's current trend. The analysis categorizes the function of the market movement as trending, indicating a sustained directional momentum. The trend mode is described as impulsive, which means the market is in a strong movement phase, typically characterized by a five-wave structure. The current wave structure under examination is identified as red wave three. This suggests that the market is in the third wave of an impulsive sequence, often the most powerful and extended wave in the cycle. Within this structure, the specific position is pinpointed as blue wave five. This indicates that the market is in the latter stages of the current impulsive phase, with blue wave five representing the final push in this sequence before a potential correction. The analysis highlights that the direction for the next lower degrees is red wave four. This implies that following the completion of the current impulsive wave, the market is expected to enter a corrective phase, typically retracing some portion of the impulsive movement. The detailed observations indicate that red wave two appears to be completed. Consequently, the market is now engaged in red wave three of five, suggesting an ongoing strong impulsive move within this wave cycle. A crucial component of the analysis is the wave cancel invalid level set at 102.066 . This level is essential as it acts as a threshold; if the market breaches this level, the current wave count would be invalidated, requiring a reevaluation of the wave structure and potentially signaling a change in the market's behavior. In summary, the AUD/JPY Elliott Wave analysis on the 4-hour chart reveals that the market is in a strong impulsive trend, specifically in red wave three. The current position is within blue wave five, indicating a continued impulsive movement before a likely corrective phase in red wave four. The analysis also emphasizes an invalidation level to monitor, which guides traders on potential trend shifts and corrections. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here! -
By halikarnas · Posted
Binance referans kodu " EWSN8BUS " olarak tercih eden yeni üyeler en yüksek işlem ücret iadesi almaktadır. Dünyanın en popüler, en yüksek komisyon indirimine sahip ömür boyu geçerli referans kodudur. Binance borsasına kayıt olurken "Referans Kimliği" alanına EWSN8BUS kodunu girin ve ardından kimlik doğrulama işlemlerini tamamlayın. Sonrasında kayıt bonusu şartlarını okuyarak işlemleri gerçekleştirin. Böylece çeşitli ödüller almaya hak kazanabilirsiniz. Binance, coinmarketcap verilerine göre işlem hacmi, kullanıcı sayısı, kripto para fazlalığı, güvenilirlik endeksi, kullanıcı yorumlamalarına göre dünyanın en iyi kripto para borsası konumundadır. Binance Referans Kodu Nasıl Alınır? Binance referans kodu almak için öncelikle Binance web sitesine veya mobil uygulamasına kayıt olmanız gerekmektedir. Kayıt işlemini tamamladıktan sonra, kullanıcı panelinizde yer alan Referans sekmesine tıklamanız yeterli olacaktır; burada sizin için özel olarak oluşturulmuş olan referans kodunuz bulunmaktadır. Referans kodunuz ile yeni kullanıcılar davet edebilir ve bu kullanıcıların platform üzerinde gerçekleştirdikleri işlemlerden bonus kazanabilirsiniz. Rakip Uygulamalar OKX, MEXC, Kucoin, HTX, Bybit, Bitexen, Paribu, BTCTürk -
By CryptoSaint · Posted
Shiba Inu (SHIB), a meme coin that's been a hot topic in the crypto world, has hit a snag in its recent comeback attempt. The price has been struggling to surpass the $0.000025 resistance level, leaving investors wondering what's next for the Shiba Inu coin price prediction. A Bumpy Road for SHIB's Climb After a volatile period, SHIB initially showed signs of recovery, embarking on an upward trend. However, this momentum fizzled out as the price couldn't maintain its rise above $0.000025. This leaves investors questioning the coin's future trajectory. Challenges in a Shifting Market Despite a strong community and widespread popularity, SHIB faces difficulties sustaining its price momentum in a constantly fluctuating market. As the cryptocurrency landscape evolves, investors are increasingly drawn to projects with innovative features and real-world applications. Market Sentiment vs. Long-Term Growth The unpredictable nature of the crypto market poses challenges for even established tokens like Shiba Inu. Maintaining price increases amidst ever-changing market conditions is difficult, even with a passionate SHIB community behind it. SHIB's reliance on market sentiment and hype means it might experience short-term gains fueled by community support. However, for long-term growth, the project needs to develop more sustainable foundations and offer unique solutions. Will SHIB manage to break through the resistance and continue its climb? Stay tuned to see how the shiba inu coin price prediction unfolds!
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