Eliotwave
TSLA's Overvalued zoneCharts are clear that were nearing the top of this impulse wave (5 waves identified, 88 RSI value). TSLA could retrace to the 0.618 or 0.5 FIB level as this seems mega wave seems to be wave 1 for a new bull cycle or it could be a continuation of a channel that started in 2014 (in comments). Anyways time will tell.
USDCAD Eliot and Fibo USD CAD gives us straight eliot wave on these days.And i think target is near to 1.41.But between 3rd wave and 4th wave there is a line drawed with red which is should broke for confirmation of this eliot wave.If fibo 0.382 would broke to down we should think it as breach to our eliot.But i think probably eliot 5th wave will come true.
EUR/USD Fib Extension ForecastFX:EURUSD
On the 1st of October we sew the start of a 15 day bullish rally which produced the recent swing high on the daily EUR/USD chart (21 October 2019) followed be a pull back to the 61.8 Fib retracement of leg 1 which is the target price for leg 2. Although there remains a bearish short term bias could this be an attempt to recover after the EURUSD recent sharp fall, the NEWMAC technical analysis would suggest so.
The technical principle at play is referred to as NEWMAC (New Age Elliot Wave Market Cycle) which is the Elliot Wave principal of a five wave cycle followed by an abc correction all conforming to Fibonacci levels.
Target for leg 2 at 61.8 Fib R of leg 1 @ 1.09939
Target and TP for leg 3 at 127.2 Fib Ex of leg 1 @ 1.12612
Eliot Waves bitcoin bullish analysis ENGLISH BELOW
Nous avons beaucoup de signes qui nous indiquent une fin de correction sur le bitcoin.
La descente s’essouffle et ils ne semblent pas vouloir aller plus bas.
Nous attendons une action importante sur le prix avant de confirmer cette décision
Plusieurs hypothèses sont possibles et classé selon leurs probabilités :
H1 Bull : Nous entrons dans une vague 5 (1) qui l’amènera vers un bull trap autours des 20,000$ et entrera dans une vague corrective plus basse autours des 10,000$
(schéma au-dessus) prochaine Target : 12,000$ / 12,500$ / 13,000$
H2 Bull : Nous commençons la vague (3) et dans ce cas-là nous pourrions vite atteindre les 30,000$/40,000$
H3 Bear : Nous sommes seulement dans la vague B corrective de notre schéma WXY et allons vers les 7000$ pour mieux rebondir sur une vague (3)
Entrée LONG @10100 / SL 9850 => Target 12000
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We have many signs that indicate an end of correction on the bitcoin.
The descent is slowing down and they don't seem to want to go any lower.
We are waiting for a significant price action before confirming this decision
Several hypotheses are possible and classified according to their probabilities:
H1 Bull : We are entering a wave 5 (1) that will lead him to a bull trap around $20,000 and will enter a lower corrective wave around $10,000
( figure shown above) next Target: $12,000 / $12,500 / $13,000
H2 Bull : We are starting the wave (3) and in this case we could quickly reach $30,000/$40,000
H3 Bear : We are only in the corrective wave B of our WXY scheme and are going towards $7000 to better bounce back on a wave (3)
Entry LONG @10100 / SL 9850 => Target 12000