📚 Let's take a moment to check a very important channeling technique applied to Elliott Wave.
🌀Applying Elliott Wave & Terminating Channel together!
✅ The terminating channel: to forecast the potential terminal point of wave 5, the terminating channel applies to Elliott Wave once wave 4 has completed its cycle.
✍️ To draw the terminating channel, draw the first trend line from the end of wave 2 through the end of wave 4, and project the parallel trend line at the extreme of wave 1 & 3, the trend line projected from wave 1 is known to as the mid-channel line. Wave 5 can end at either one of these key trend lines.
🎯 To be more precise, we know that wave 5 needs to have 5 sub-waves, if the wave structure reaches the mid-channel line and have not yet formed 5 sub-waves, expect the structure to unfold to the upper trend line.
🌀Applying Elliott Wave & Terminating Channel together!
✅ The terminating channel: to forecast the potential terminal point of wave 5, the terminating channel applies to Elliott Wave once wave 4 has completed its cycle.
✍️ To draw the terminating channel, draw the first trend line from the end of wave 2 through the end of wave 4, and project the parallel trend line at the extreme of wave 1 & 3, the trend line projected from wave 1 is known to as the mid-channel line. Wave 5 can end at either one of these key trend lines.
🎯 To be more precise, we know that wave 5 needs to have 5 sub-waves, if the wave structure reaches the mid-channel line and have not yet formed 5 sub-waves, expect the structure to unfold to the upper trend line.
💡 Taking a brief look at Ripple's bullish scenario, Elliott Wave suggests Wave (3) is underway.
Therefore, we can expect a strong move to the upside, our projected target is at the $4.1 price level (161.80% of Wave (1), projected from Wave (2), and 200.00% of Wave I, projected from Wave II).
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Therefore, we can expect a strong move to the upside, our projected target is at the $4.1 price level (161.80% of Wave (1), projected from Wave (2), and 200.00% of Wave I, projected from Wave II).
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📚Let's take a moment to check a very important channeling technique applied with Elliott Wave.
☯️Applying Elliott Wave & Base Channel together!
✅The base channel is the first channel that you draw in a new Elliott Wave cycle, it's drawn to project the potential ending point of the corrective wave 4.
✍️To draw this channel, it's drawn from the origin of Wave 1 to the extreme of wave 2, followed by a parallel channel of the trend line drawn against the extreme of wave 1.
☯️Applying Elliott Wave & Base Channel together!
✅The base channel is the first channel that you draw in a new Elliott Wave cycle, it's drawn to project the potential ending point of the corrective wave 4.
✍️To draw this channel, it's drawn from the origin of Wave 1 to the extreme of wave 2, followed by a parallel channel of the trend line drawn against the extreme of wave 1.
💡 Taking a brief look at the chart of Monero (XMR/USD) on the 1W time-frame, we notice a long-term bullish continuation as it's likely that Wave (IV) of 1 is complete.
Elliott Wave suggests a continuation up to the $700 price level.
This setup will remain valid as long as Monero remains above 179.200.
🤝 Cheers to many pips!
Elliott Wave suggests a continuation up to the $700 price level.
This setup will remain valid as long as Monero remains above 179.200.
🤝 Cheers to many pips!
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Focus on the probabilities and risk management of trading, you don't need to win 9/10 times to become profitable.
Patience, wait for setups that offer a favorable risk to reward ratio, and seize the opportunities once they present themselves.
Patience, wait for setups that offer a favorable risk to reward ratio, and seize the opportunities once they present themselves.
💡 The recent performance for the majority of Cryptocurrencies has been quite impressive and Elliott Wave suggests that we should continue to expect higher prices.
✅Taking a look into the long-term perspective (1W timeframe) of Bitcoin Cash (BCH/USD), we notice a great opportunity for gain.
✅We see a +300% growth potential suggested through our Elliott Wave count as Bitcoin Cash continues to unfold Wave III, typically the longest and strongest wave in the Elliott Wave cycle.
✅ Stay to date for up to 12 different markets and be ready for the next big wave, subscribe today!
👍 Get Started, Visit Our Website.
👉 https://sunnyhillcapital.com/premium
✅Taking a look into the long-term perspective (1W timeframe) of Bitcoin Cash (BCH/USD), we notice a great opportunity for gain.
✅We see a +300% growth potential suggested through our Elliott Wave count as Bitcoin Cash continues to unfold Wave III, typically the longest and strongest wave in the Elliott Wave cycle.
✅ Stay to date for up to 12 different markets and be ready for the next big wave, subscribe today!
👍 Get Started, Visit Our Website.
👉 https://sunnyhillcapital.com/premium
✅ Before and after results on Gold (XAU/USD), our analysis sent out on Sept the 5th to the Sunny Hill Capital team, suggesting that bearish move is likely to occur.
+720 pips later, we're still holding this trade with the team.
Putting that into perspective with position sizing:
0.1 Lot = $720.00
1 Lot = $7,200.00
10 Lot = $72,000.00
etc.
Beautiful results for the month of September so far, people in our Premium Analysis Group made money with this move, looking forward to a profitable rest of the month with the team.
What are you waiting for, join us! 👇
+720 pips later, we're still holding this trade with the team.
Putting that into perspective with position sizing:
0.1 Lot = $720.00
1 Lot = $7,200.00
10 Lot = $72,000.00
etc.
Beautiful results for the month of September so far, people in our Premium Analysis Group made money with this move, looking forward to a profitable rest of the month with the team.
What are you waiting for, join us! 👇
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🗝 Don't forget about the crucial prerequisite of risk management, as it is your key to long-term successful trading.
👌 Here we have another example of a third wave trade opportunity, this time with USD/CAD on the 1D timeframe. A simple buy & hold setup.
💰 If you followed our analysis, you would've caught a total of +356 pips so far!
💵 Putting +356 pips into perspective with position sizing:
0.1 Lot = $356.00
1 Lot = $3,560.00
10 Lot = $35,600.00
etc.
🔥 We're running a FLASH SALE DISCOUNT for all of our Premium Elliott Wave Analysis plans
👇 Join today, what are you waiting for?
👉 https://sunnyhillcapital.com/premium
💰 If you followed our analysis, you would've caught a total of +356 pips so far!
💵 Putting +356 pips into perspective with position sizing:
0.1 Lot = $356.00
1 Lot = $3,560.00
10 Lot = $35,600.00
etc.
🔥 We're running a FLASH SALE DISCOUNT for all of our Premium Elliott Wave Analysis plans
👇 Join today, what are you waiting for?
👉 https://sunnyhillcapital.com/premium
🎯 GBP/USD before & after results - Currently running +418 pips on our GBP/USD short positions. We've shared this exact setup with our Premium members.
❌ Don't miss the next opportunity for the next BIG SWING trade.
✅ We offer everyday analysis updates for major and minor Forex markets, including Gold.
🔥 Take advantage of our discounting pricing for everyday Elliott Wave Analysis, limited time offer.
👇 Join today, what are you waiting for?
❌ Don't miss the next opportunity for the next BIG SWING trade.
✅ We offer everyday analysis updates for major and minor Forex markets, including Gold.
🔥 Take advantage of our discounting pricing for everyday Elliott Wave Analysis, limited time offer.
👇 Join today, what are you waiting for?