Elliott Wave Monitor
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Elliott Wave Monitor Provides Daily Analysis And Forecasts

Contact: @ewmteam
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One Of The Signs Of A Trend Change:

When The Trend Is Up & We See Big Candles, Then The Price Starts Forming Smaller Candles…

β–ͺ️Two Possibilities:
1. A Trend Reversal Is Coming
2. Low Liquidity In The Market
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🚨 Bitcoin on the Monthly Chart 🚨

β–ͺ️After a historic rally reaching $124,474 ✨,
the wave structure suggests a potential deep correction toward the 61.8% Fibonacci level πŸ“‰.
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Elliott Wave Monitor
One Of The Signs Of A Trend Change: When The Trend Is Up & We See Big Candles, Then The Price Starts Forming Smaller Candles… β–ͺ️Two Possibilities: 1. A Trend Reversal Is Coming 2. Low Liquidity In The Market
Rule: When A Support Or Resistance Level Is Broken By A Large Candle, There Is A High Probability That The Price Will Either Correct Or That The Breakout Is False.
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Technical chart of Bitcoin on the daily timeframe using Elliott Wave Theory.

Shows completion of a corrective wave at the 61.8% level and the beginning of a bearish impulse wave targeting around $95,000.
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GBPUSD: πŸ‘€
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The strength of support/resistance is measured by the number of touches

The more times price bounces from the same level, the stronger it becomes.

But be careful: every bounce weakens it slightly β†’ like a wall that’s cracking.
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Support and resistance are not a line – they’re a zone

Don’t treat them as a straight line, but as a zone where buyers and sellers clash.

If the price breaks your line by a few points β†’ it doesn’t necessarily mean a real breakout.
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ETHUSD on the 2-week chart is showing a new impulse wave according to Elliott Wave analysis
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EUR/JPY – Perfect Short Setup
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Elliott Wave Monitor
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TP: 170.000
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How To Use The Impulse Wave To Profit From Any Market

LINK
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Elliott Wave Monitor
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Once The Stop Is Triggered, We Won’t Enter Again.
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We’ve Been Receiving A Lot Of Questions About Whether we Have A Private Channel.

But If We Decide To Create A Private Channel.

@ewmteam
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What Would You Prefer The Main Focus To Be On?
Anonymous Poll
17%
Bitcoin & Ethereum
7%
Indices (Dow Jones, Nasdaq, S&P500)
19%
FOREX
57%
GOLD
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Bitcoin on the 1-Day timeframe is currently in corrective wave (ii) after completing wave (1) down.

β–ͺ️If the Elliott Wave count is correct, the next target would be wave (iii) heading lower toward the 161.8% Fibonacci extension around $102,500.

β–ͺ️Since each candle = 1 day, this scenario could take a few weeks to play out before a new major move unfolds.

β–ͺ️The trend remains bearish within the descending channel, and any short-term bounce above 61.8% still keeps the downside scenario valid.
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GOLD
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GOLD From 1953 To 2025
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