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Waves

📍Part # 8, Combination - Corrective Waves.👩🏻‍💻 Hello ! This time we're going to look at combinations. It may seem too complicated, but don't worry. In fact, any combination simply consists of two corrective patterns that you and I already know, only between these two patterns there is a connecting wave. Let's go straight to the rules and everything will become clear to you at once! ✅ Rules ✅ 📍A “double three” combination comprises two corrective patterns separated by one corrective pattern in the opposite direction, labeled 'X'. The first corrective pattern is labeled 'W', the second 'Y'. 📍A "double three" combination comprises (in order) a zigzag and a flat, a flat and a zigzag, a flat and a flat, a zigzag and a triangle or a flat and a triangle. 📍Wave 'X' appears as a zigzag or flat. 📍Wave 'X' always retraces at least 90 percent of wave 'W'. 📍Combinations have a sideways look. With respect to waves 'W' and 'Y' in a double three, only one of those waves in each type of combination appears as a single zigzag. 📍Combinations can occur in the same wave positions as flats and triangles (except for the triangle subwave) but cannot occur in waves 'W' and 'Y'. ✅ Guidelines ✅ 📍Wave 'X' is often 123.6-138.2% the 'W' wavelength, less often wave 'X' retraces 161.8% or more. Don't expect wave 'X' to be more than 261.8% of wave 'W'. 📍Wave 'X' is usually a single or multiple zigzag. 📍When a zigzag or flat appears too small to be the entire wave with respect to the preceding wave (or, if it is to be wave '4', the preceding wave '2'), a combination is likely. Thank you for your attention! There will be another lecture next week! Don't miss it! 🔔 Links to other lessons in related ideas. 🔔
Education
by Hellena_Trade
3
WAVES/USDT is Ready For a Breakout From Descending Channel 👀🚀💎Paradisers, We are seeing that #WAVES is in an intense accumulation phase and building up for a breakout from its descending channel. 💎Once it breaks out, we'll look for a retest for confirmation before planning our trade. The retest often follows a breakout and provides us a prime opportunity to validate the bullish momentum. If #Waves maintains support at $2.36 and continues its upward trajectory, the next target lies in the resistance zone within our projected range. 💎However, if #WAVESUSDT struggles to uphold support and falls below this zone, it might signal a weakening of the bullish trend. In that case, the price could further drop to the next significant support level, around $2.089. 💎Historically, PSX:WAVES has shown resilience by decisively rebounding from this support level. If this support holds, we might see a strong bounce. A firm close below this key support could challenge the bullish outlook, potentially signaling a more bearish trend. MyCryptoParadise iFeel the success
WLong
by MyCryptoParadise
WAVES/USDT ready for potential move? 👀🚀waves Analysis💎 Paradisers, get ready for a promising opportunity with #WAVESUSDT as it positions itself within a demand zone, gearing up for a potential bullish move. 💎 Historically, we've observed #WAVES adhering nicely to a pattern of descending resistance. Currently, after rebounding from a potential bottom, the price is maintaining momentum within the demand zone. If it can sustain this momentum at the demand level of $2.358, there's a strong chance it could break through the descending resistance and initiate a bullish movement. 💎 Consider this alternate scenario: if PSX:WAVES struggles to maintain its momentum at the demand level, a bullish rebound from the double bottom area or key support might be expected. However, should #WAVES fail to find support at this level and instead break below, it may indicate a continuation of the bearish trend. Overcoming the descending resistance is crucial for #WAVES to sustain its bullish trajectory. MyCryptoParadise iFeel the success🌴
WLong
by MyCryptoParadise
📍Part #7, Multiple Zigzag - Corrective Waves - Combined.👩🏻‍💻Hello! Dear colleagues, this is the 7th lesson on wave analysis and today we are going to look at Multiple Zigzag. We already know what a Zigzag is, so we will not look at this pattern for a long time, but just to clarify that Multiple Zigzag consists of several Zigzags. Let's get to the rules and guidelines! ✅ Rules ✅ 📍A Multiple Zigzag comprise two (or three) single zigzags separated by one (or two) corrective pattern(s) in the opposite direction, labeled "X". In the first case, it is called «double zigzag», in the second - «triple zigzag» (The first single zigzag is labeled "W", the second "Y", and the third, if there is one, "Z".) 📍Waves "W", "Y" and "Z" are always single zigzags. 📍Wave "X" never goes beyond the beginning of waves "W" and "Y". 📍Wave "Y" always ends past the end of the "W", and wave "Z", if any, always ends past the end of the "Y". 📍The first "X" wave always ends on the territory of the "W" wave, the second "X", if any, on the territory of the "Y" wave. 📍In a triple zigzag, the first "X" wave is always a zigzag, flat or combination. The second "X" wave is always a zigzag, flat, triangle or combination. 📍In a double zigzag, wave "X" is always a zigzag, flat, triangle, or combination. 📍Double and triple zigzags replace single zigzags, but cannot appear as "W", "Y", or "Z" waves. ✅ Guidelines ✅ 📍In a double zigzag, wave "Y" can equal wave "W", .618 wave "W", 1.618 wave "W", or terminate at a distance equal to 1.618 wave "W" past wave "W". In a triple zigzag, there can be equality among waves "W", "Y" and "Z", or wave "Z" can equal 1.618 wave "Y", 1.618 wave "Y", or terminate at a distance equal to 1.618 wave "Y", past wave "Y". In a triple zigzag, the Fibonacci relationships between waves "W" and "Y", would be the same as a double zigzag. 📍The Fibonacci relationships between waves "W" and "X" in a double zigzag, and waves "Y" and "XX" in a triple zigzag are analogous to the relationships between waves "A" and "B" in a single zigzag. 📍In a double zigzag, as a guideline, wave "b" of wave "Y" should not break the trendline that connects the beginning of wave "W" with the end of wave "X". 📍As a guideline, wave "X" (second wave "X" of the triple zigzag) of a double zigzag should break the trend channel formed by the first zigzag in wave "W" ("Y") and be greater than 80% of subwave "b" of wave "W" ("Y" and "Z"). 📍When a zigzag appears too small to be the entire wave with respect to the preceding wave (or, if it is to be wave "4", the preceding wave "2"), the complication of the structure to a multiple zigzag will probably follow. Thank you for your attention! There will be another lecture next week! Don't miss it! 🔔 Links to other lessons in related ideas. 🔔
Education
by Hellena_Trade
📍Part #6, FLAT - Corrective Waves-Simple-Sideways corrections.👩🏻‍💻Hello! In this lecture, we will cover one of the options for corrective cycles, namely Flat. Let's now look at the 'flat' separately as a stand-alone correctional structure. I remind you, 'flat' and 'plane' are essentially the same thing. So, the 'flat' always has a three-wave structure, and it looks like this: 3-3-5. That is, you can identify it by the third wave "C", which always has a five-wave structure. But it can also be a Ending diagonal. And all this will be within the scope of a regular 'flat' or 'plane'. If we draw a line from the base of wave A and the maximum of wave "B", and then also draw a line or level from the end of wave "A" and the end of wave "C", we will get parallel lines, which is exactly what the name Flat hints. And this wave "B" should roll back approximately 90% of wave "A" for everything to look nice. But not always, because there is also an expanded 'flat' and a running 'flat', whichever you prefer. Well then. Let's look at the main rules and guiding norms for flats. ✅General rules✅ 📍A flat always subdivides into three waves. 📍Wave "A" is always a zigzag, flat or combination. 📍Wave "B" is always a zigzag. 📍Wave "C" is always an impulse or a ending diagonal. ✅General guidelines✅ 📍Wave "A" is usually a zigzag. ✅Regular Flat✅ Rules 📍Wave "B" never goes beyond beyond the start of wave "A". 📍Wave "B" always retraces at least 90 percent of wave "A". 📍Wave "C" always ends past the end of wave "A". Guidelines 📍The rarest type of flat correction. ✅Expanded Flat✅ Rules 📍Wave "B" always ends after the start of wave "A". 📍Wave "C" always ends past the end of wave "A". Guidelines 📍Wave "B" usually retraces 123.6 or 138.2% of wave "A", less often — 161.8%. 📍Wave "C" is often equal to 161.8% of wave "A", less often — 261.8%. 📍The most common type of flat correction. ✅Running Flat✅ Rules 📍Wave "B" always ends after the start of wave "A". 📍Wave "C" never goes beyond the end of wave "A". Guidelines 📍Within such a flat wave "B" should end well above the origin of wave "A" and that means wave "C" might reflect a 61.8% or even a 100% relationship to wave "A". 📍A running flat indicates that the forces in the direction of the larger trend at next higher degree are powerful. 📍Wave "B" is usually no more than twice the length of wave "A". Keep in mind that a running flat is rare. Thank you for your attention! There will be another lecture next week! Don't miss it! 🔔Links to other lessons in related ideas.🔔
Education
by Hellena_Trade
1
GTAI is gonna Reach $5 One way or another!!!Hi. GTAIUSDT Today, I want to analyze GTAI for you in a 1D time frame so that we can have a SHORT-term view of GTAI regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). 🔵We have a Bullish Structure here GTAI formed a falling wedge on 1D timeframe🤔 Up we go if we do breakout , ended correction waves, & starting 5th impulse waves. also a bullish Divergence (RD+) on MACD which shows Positive Signs for GTAI. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 5th waves. 🟢Bullish Regular Divergence(+RD) Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
HD Long Day Aggressive Counter Trend Trade 16Aggressive Counter Trend Trade 16 - short impulse + biggest untested volume T1 + support level + biggest volume 2Sp+ + test + below first bullish bar closed level entry Calculated affordable virtual stop loss 1 to 2 R/R take profit Hourly Context: "- short impulse + biggest volume T1 + biggest volume 2Sp-" Daily Context: "+ long impulse + T2 level + support level" Monthly Context "+ long impulse + SOS level + support level + 1/2 correction"
NYSE:HDLong
by MishaSuvorov
INTC Swing Long Conservative Trend Trade Conservative Trend Trade + long impulse + expanding T2 level + support level + unvolumed 2Sp + volumed test + below first bullish bar closed level entry Calculated affordable virtual stop loss 1 to 2 R/R take profit Daily Context "+ long impulse + SOS level + support level + unvolumed Sp" Monthly Context "+ long impulse + SOS level + support level + 1/2 correction" Give me a way better price at afterhours. I just need my 2 R and I'm out!
NASDAQ:INTCLong
by MishaSuvorov
Bitcoin Fib Estimation IIIn this idea I'll document my further observation of long-term price action The way 0.236 first fibonacci channel defined 2021 ATH Critical points of prior cycles were also captured by fibonacci channels of same tool. Significance of second Fibonacci channel is also apparent because it also breaks down historic cycles. This means that correlation of prices with its derived fibonacci ratios has been occurring over a decade period long. 2012 - 2015 cycle can be measures with 0 - 1 based on direction of the fall of 93.75% where n.618 defined ATHs. Another way of presenting how price maintains golden rule would be using the metrics of first bullish wave. Shows exactly how fibonacci channels split up historic cycles into component phases. For now I see 2 options of LT price movements in respect to whole history: A squeeze into a triangular formation OR a sooner breakout
INDEX:BTCUSD
by fract
📍 Part 4. Corrective Waves- Simple Zigzags - Sharp Corrections.👩🏻‍💻 Welcome to the 4th lecture on Elliott Waves! ➡️In this lecture, we will start discussing the variations for corrective movements. Let's begin with the simplest one - it's zigzags. ➡️By correction, we mean the construction "ABC" after an impulse. This reminds us of a zigzag, hence the name. Also, we can encounter it in each corrective wave, that is, "2" and "4" - it's the simplest and most common form of correction. ➡️As you recall from previous lectures, for waves "A" and "C," there are variations in the form of Leading and Ending Diagonals, and the same applies to "B," namely flat, zigzag, triangle, or even a combination, i.e., any three-wave pattern. Here it's worth remembering that wave structure is fractal, and there's no need to be afraid, just like with variations for impulses, namely leading and ending diagonals. ➡️Zigzags can often be embedded into a parallel channel. We've dealt with a simple zigzag. Most likely, your main questions are about variations for "B": flat, zigzag, triangle, or combination. On the cover of the learning materials, you will find the main variations of simple zigzags. Keep and use them! 📍 Let's look at the main rules and guidelines! 📍 📍 Guidelines: 📍 📍In a zigzag, wavelength "C" can be equal to wavelength "A". 📍Wave "B" is usually corrected at 38.2% - 78.6% of the length of wave "A". 📍If wave "B" is a triangle, is usually corrected at 38,2% - 50% of the length of wave "A". 📍If wave "B" is a zigzag, is usually corrected at 50% - 78.6% percent of wave "A". 📍In a zigzag, if wave "A" is a leading diagonal, then we would not expect to see an ending diagonal for wave "C". 📍A line connecting the ends of waves "A" and "C" is often parallel to a line connecting the end of wave "B" and the start of wave "A". (Forecasting guideline: Wave "C" often ends upon reaching a line drawn from the end of wave "A" that is parallel to a line connecting the start of wave "A" and the end of wave "B".) 📍Waves "A" and "C" within the zigzag often appear in the form of impulses, but more often alternate according to the type of motive waves: if wave "A" is an impulse, expect wave "C" in the form of a diagonal, and vice versa. It is much less common to find waves "A" and "C" in the form of diagonals. Thank you for your attention! There will be another lecture next week! Don't miss it! 🔔 Links to other lessons in related ideas. 🔔
Education
by Hellena_Trade
4