Elliott Wave Monitor


Channel's geo and language: Iran, English
Category: Economics


Elliott Wave Monitor Provides Daily Analysis And Forecasts

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Iran, English
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Economics
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EURUSD -1 YEAR


GOLD - 4H


Wave update on CrudeOil:

Wave (X) completed near $72.50.

Sharp drop to $54.76 marks wave i.

Wave ii bounce in play toward 63–65 (Fib 50–61.8%).

Forecast: Possible drop below $48 if wave iii unfolds.

Watch price action near resistance!


XAUUSD - 4H


XAUUSD - 4H


If you're looking to learn Elliott Wave Theory in a structured and simplified way, all you need to do is visit this link, where you’ll find 15 short Reels, each no longer than 5 seconds.

I highly recommend saving these Reels or downloading them to keep as a permanent reference, and studying them carefully.

Trust me, this is one of the most important steps you can take to build a solid and genuine understanding of the theory.

Link: Elliott Wave Theory


How To Trade Wave 3 Using Elliott Wave Theory?

Don't Forget To Leave A Comment & Save This Reel.


1 Candle = 1 YEAR






On the 4H timeframe, we’re spotting signs of a potential correction.


Has Gold's Wave (1) Peaked?

On the weekly chart, wave (1) seems to have topped at $3168.


XAUUSD | 4 HOUR


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Complex correction in Elliott Wave Principle is a sideways corrective pattern that consists of 2 or 3 corrective patterns.

Elliott called these sideways corrections as double threes and triple threes.


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Do you know the difference between a real breakout and a fake one?

Don't fall into the trap!


The price reached a peak of 3098.01, marking the end of wave (3).

Wave (4) is expected to start a corrective decline toward the 38.2% Fibonacci level, where the price may find support.

After the correction is complete, wave (5) is likely to begin an upward move, targeting a new high above $3100.


Our wave analysis suggests that the decline in GOLD prices could reach the Wave 4 trough, setting the stage for a strong bullish reversal.


GOLD SIGNAL ON INSTAGRAM STORY


Is the Euro Ready for a Bullish Breakout?

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