ElliottWaveSpot

Elliott Wave Forecasts | We cover FX : Stocks : Commodities : Top 20 Crypto coins | Not a financial Advisor! -

[ElliottWaveSpot @elliottwavespot]

About us:

ElliottWaveSpot is an Elliott Wave based firm that teaches and share educational Elliott Wave and general technical analyses based lessons. Our focus is on making sure every student of the Wave Principle applies it correctly and can use it in real-time to forecast the financial markets. We provide Elliott Wave forecasts and video lessons across all market classes and assets.

Our primary focus on forecasts:
▪︎ FX - majors, cross-rates & extras.
▪︎ Commodities - metals, energies, softs & grains.
▪︎ Stocks - JSE Top 50, NYSE & ASX.
▪︎ ETFs - JSE & NYSE.
▪︎ Global indices - USA, EU, JSE & Asia.
▪︎ Top 20 Crypto coins.

Our video lessons focus:
--> Raw Elliott Wave education - basic to advanced.
--> Raw price action including Japanese candlesticks, bar patterns, chart patterns, price gaps and more.
--> Proficient use of technical indicators.
--> And how all this can be used in real-time to make unsolicited trading decisions.

We are not financial advice thus everything we share is solely for educational purposes only!

[ElliottWaveSpot @elliottwavespot]

@AlfredENewman5 Yes! Wave 4 cannot end in the price territory of wave 1. The exception is on diagonal Elliott Wave patterns.

[ElliottWaveSpot @elliottwavespot]

#GBPAUD 🇬🇧🇦🇺 - 6 Hourly Elliott Wave Update.

👉 Telegram group: https://t.co/WqFPoZTriP.

--> Chart link: https://t.co/nS7inm04sH

💡 Remember our stance a month ago? It has not changed, instead the forecast has gone as expected. The secret was not really a secret, but a methodology so old and public - the Wave Principle!

🔎 Outlook: Wave C of IV continues to unfold to the upside. The primary pattern we look forward to is Elliott's flat, and if not, his triangle!

#ElliottWave #Crypto #forextrading

[ElliottWaveSpot @elliottwavespot]

🔗 Telegram group: https://t.co/WqFPoZTriP.

🎯 Most people believe that the Wave Principle is subjective but Jeffrey Kennedy has longed debunked this belief.

📉 The simple technicals call for a bearish move as we are tracing out a bigger post Double Top decline which found resistance at the blue zone. As things stand, we are in a Bearish channel, suggesting that the decline will likely be brief as the lower boundary of the channel will act as support to any further decline or explosive in order to go past the it seamlessly.

👉 Now what does the Wave Principle have to say about all this? Stay tuned!

--> Click link for a cleaner chart: https://t.co/8sYhycjj8h

[ElliottWaveSpot @elliottwavespot]

@Barchart @elliottwaveintl & @RobertPrechter

[ElliottWaveSpot @elliottwavespot]

@sallkka Yes sir!

[ElliottWaveSpot @elliottwavespot]

#NATGAS - Intraday (90 min) Elliott Wave Update.

👉 Telegram group: https://t.co/r2mNBq0Lli

--> Chart link: https://t.co/bQpuNVtKcR

🎯 Bottom Line: Short-term bear market rally closer to point-T!

#Elliottwave

[ElliottWaveSpot @elliottwavespot]

@kangminlee Oh my poor Saitama!

[ElliottWaveSpot @elliottwavespot]

@FabrizioRomano Man of the match, Man of the City!🔥🔥🔥

[ElliottWaveSpot @elliottwavespot]

#Elliottwave

[ElliottWaveSpot @elliottwavespot]

This is only applicable within diagonals, meaning an overlap in diagonals is not a must, although we want to see it almost all the time.

The rule of overlap is often said erroneously. Here is its correct statement: Wave 4 cannot enter the price territory of wave 1 and end there. There's exceptions to it. Read page 31 of Key to Market Behavior by A.J Frost and R.J Prechter. Here you will find a few exceptions regarding overlaps.

Last thing watch here --> https://t.co/QOMT814RS4.

If you ask me, based on my knowledge, experience and interaction with some of the advanced EWI graduates, casting your arrogance and ego aside is the quickest way to learn. Email Jeffrey W. Kennedy himself and ask him about Siinom. Odds are, you'll learn a key difference between your knowledge & experience versus ours at EWSpot.

Ciao

[ElliottWaveSpot @elliottwavespot]

#XAUUSD 🥇🇺🇸 - Intraday (6h) Elliott Wave Update.

👉 Telegram group: https://t.co/WqFPoZTriP

--> Chart link: https://t.co/9qernDAcEw

🔥 Everyone's favorite - #Gold! While the noise is prevalent at the moment, it's easier to drown in it, but that is if you lack a plan and its alternate.

🔎 Outlook: We are convinced that wave (x) of [b] within a wave 4 triangle has ended. This means that we expect to see price soaring higher in a form of Elliott's zigzag.

#bitcoin #elliottwave #US30 #Solana

[ElliottWaveSpot @elliottwavespot]

Now I see what you're talking about. FYI there's no overlap between the leading diagonal wave 1 and 4. Secondly, minor overlaps are exempt from this rule on overleveraged assets especially on intraday time frames. Check Key to Market Behavior page 31 (12th edition, 2022) for more info regarding acceptable overlaps!

[ElliottWaveSpot @elliottwavespot]

@ELLIOTTAHOLIC Wave 4 and 1 in any diagonal are expected to overlap almost always!

[ElliottWaveSpot @elliottwavespot]

#USDJPY 🇺🇸🇯🇵 - Intraday (90 min) Elliott Wave Update.

👉 Telegram group: https://t.co/r2mNBq0Lli

--> Chart link: https://t.co/5Kg3CHQCZv

Something is loading on Dollar-Yen and it has started!

#Japan #Yen

[ElliottWaveSpot @elliottwavespot]

#SOLUSDT - Weekly (2W) Elliott Wave Update.

👉 Telegram group: https://t.co/WqFPoZTriP

--> Chart link: https://t.co/2BiuyUfVO5

📝 Analysis: While by price change we may say #SOLANA has declined by more than half of its highest recorded trading price per coin - $295 and a change. As per correct Elliott Wave close-look, we might be headed for even lower prices.

#Bitcoin #Crypto

[ElliottWaveSpot @elliottwavespot]

@johancfcc Hey there! Wassup - are you good?

[ElliottWaveSpot @elliottwavespot]

#US30 (#DJIA) - Intraday (6h) Elliott Wave Update.

👉 Telegram group: https://t.co/r2mNBq0Lli

--> Chart link: https://t.co/RJyM5BCdv4

🔎 Outlook: The wave (i) top is likely in place - wave (ii) decline might have commenced!

#USA #NYSE #USD #Elliottwave #BTC

[ElliottWaveSpot @elliottwavespot]

@StanFXTrading @DumbMoneyHunter And I like that about you. You offer access to more capital than one actually did while they were trading prop firm accounts and of course access to higher grade institutional level trading resources.

[ElliottWaveSpot @elliottwavespot]

@_JoeyCoco_ @Barchart Yes it will recover to ATH but at the moment, the nosedive should persist!