official Elliot Wave Analysis by Solidecn.com

[Solid ECN ✔️]

On the daily chart, the first wave of the higher level (1) develops, within which the third wave 3 of (1) formed, and a downward correction develops as the fourth wave 4 of (1). Now, the wave a of 4 is forming, within which the wave of the lower level (i) of a has formed, and a local correction is developing as the wave (ii) of a.

If the assumption is correct, the asset will fall to the levels of 124.4 – 122.38. In this scenario, critical stop loss level is 131.24.

[Solid ECN ✔️]

On the daily chart, the first wave of the higher level 1 formed, and a downward correction develops as the second wave 2. Now, the wave (А) of 2 has formed, within which the fifth wave of the lower level 5 of (А) has developed, and an upward correction has started to form as the wave (B) of 2. 

If the assumption is correct, the price will grow to the levels of 39.5 - 41.5. In this scenario, critical stop loss level is 32.9.

 

[Solid ECN ✔️]

On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C, within which the wave C of (2) forms. Now, the wave of the lower level i of C has formed, and a local correction is ending to develop as the wave ii of C. 

If the assumption is correct, after the end of the correction, the asset will fall to the levels of 0.6742–0.6446. In this scenario, critical stop loss level is 0.7342.

 

[Solid ECN ✔️]

On the daily chart, the upward wave of the higher level (А) of B formed, and a downward correction develops as the wave (B) of B, within which the wave C of (B) forms. Now, the third wave of the lower level iii of C has formed, and the correctional wave iv of C is ending to develop. 

If the assumption is correct, after the end of the correction, the asset will fall to the levels of 0.6060 - 0.5910. In this scenario, critical stop loss level is 0.6718.

 

[Solid ECN ✔️]

On the daily chart, the first wave of the higher level (1) develops, within which the fifth wave 5 of (1) forms. Now, the third wave of the lower level iii of 5 is developing, within which the wave (iii) of iii is forming. 

If the assumption is correct, the price will grow to the levels of 153.45–160. In this scenario, critical stop loss level is 125.6.

 

[Solid ECN ✔️]

On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the third wave of the lower level iii of 3 is forming, within which the wave (i) of iii has formed, and a local correction has developed as the wave (ii) of iii. 

If the assumption is correct, the price will grow to the levels of 1.32 – 1.341. In this scenario, critical stop loss level is 1.2575.

 

[Solid ECN ✔️]

On the daily chart, the third wave of the higher level 3 of (3) forms, within which the wave iii of 3 develops. Now, the third wave of the lower level (iii) of iii has formed, and a local correction has ended as the fourth wave (iv) of iii. 

If the assumption is correct, the price will grow to the levels of 1.0072–1.02. In this scenario, critical stop loss level is 0.9536.

 

[Solid ECN ✔️]

On the daily chart, the downward wave of the higher level (C) develops, within which the third wave 3 of (C) forms. Now, the third wave of the lower level iii of 3 is developing, within which the wave (iii) of iii is forming. 

If the assumption is correct, the price will fall to the levels of 89.41–50. In this scenario, critical stop loss level is 157.65.

 

[Solid ECN ✔️]

On the daily chart, a downward correction of the higher level develops as the second wave (2), within which the wave C of (2) forms. Now, the third wave of the lower level iii of C is developing, within which the wave (iii) of iii is forming. 

If the assumption is correct, the price will fall to the levels of 38 – 31.5. In this scenario, critical stop loss level is 48.95.

 

[Solid ECN ✔️]

 

On the daily chart, the wave A of the higher level formed, and a downward correction developed as the wave B. Now, the wave (C) of B has formed, within which the fifth wave of the lower level 5 of (C) has developed, and the formation of the wave C has started.

 

If the assumption is correct, the price will grow to the levels of 326.97 – 397. In this scenario, critical stop loss level is 161.84.

 

 

[Solid ECN ✔️]

On the daily chart, the wave A of the higher level developed, and a downward correction develops as the wave B, within which the wave (А) of B forms. Now, the fifth wave of the lower level 5 of (А) is forming, within which the third wave iii of 5 has formed, and a local correction is ending as the fourth wave iv of 5.

If the assumption is correct, after the end of the correction, the price will fall to the levels of 80 – 62.5. In this scenario, critical stop loss level is 126.86.

 

[Solid ECN ✔️]

On the daily chart, the downward wave of the higher level C of (B) develops, within which the fifth wave v of (C) develops. Now, the third wave of the lower level (iii) of v of (C) has formed, a local correction has developed as the fourth wave (iv) of v, and the formation of the fifth wave (v) of v is starting.

If the assumption is correct, the EURUSD pair will fall to the levels of 1.03 – 1.02. In this scenario, critical stop loss level is 1.0868.

 

[Solid ECN ✔️]

On the daily chart, a downward correction developed as the wave (2), within which the wave C of (2) formed, and the development of the third wave (3) started. Now, the first entry wave of the lower level i of 1 of (3) is forming, within which a local correction is developing as the wave (ii) of i. 

If the assumption is correct, after the end of the correction, the GBP/USD pair will grow to the levels of 1.3148–1.3311. In this scenario, critical stop loss level is 1.2323.

 

[Solid ECN ✔️]

On the daily chart, a downward correction of the higher level develops as the wave (B), within which the wave C of (B) forms. Now, the third wave of the lower level iii of C has formed, and a local correction is developing as the fourth wave iv of C.

If the assumption is correct, after the end of the correction the price will fall to the levels of 100 – 50. In this scenario, critical stop loss level is 240.2.

 

[Solid ECN ✔️]

On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the third wave of the lower level iii of 3 is forming, within which the wave (i) of iii has formed, and a local correction is ending to develop as the wave (ii) of iii.

If the assumption is correct, the USDCAD pair will grow to the levels of 1.3200–1.3410. In this scenario, critical stop loss level is 1.2417.

 

[Solid ECN ✔️]

On the daily chart, the third wave of the higher level 3 of (3) forms, within which the wave iii of 3 develops. Now, the third wave of the lower level (iii) of iii has formed, a local correction has ended as the fourth wave (iv) of iii, and the development of the wave (v) of iii has started. 

If the assumption is correct, the USDCHF pair will grow to the levels of 1.0072 - 1.0200. In this scenario, critical stop loss level is 0.9536.

 

[Solid ECN ✔️]

On the daily chart, the third wave of the higher level (3) developed, and a downward correction forms as the fourth wave (4), within which the wave and of (4) develops. Now, the fifth wave of the lower level v of A is forming, within which the wave (iv) of v is ending. 

If the assumption is correct, the price will fall within the wave (v) of v to the levels of 178.37 – 135.65. In this scenario, critical stop loss level is 228.62.

 

[Solid ECN ✔️]

The pair may fall.
On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C, within which the wave C of (2) forms. Now, the wave of the lower level i of C has formed, and a local correction has developed as the wave ii of C. 

If the assumption is correct, the AUD/USD pair will fall to the levels of 0.6742 – 0.6446. In this scenario, critical stop loss level is 0.7283.

[Solid ECN ✔️]

The pair may fall.
On the daily chart, the upward wave of the higher level (А) of B formed, and a downward correction develops as the wave (B) of B, within which the wave C of (B) forms. Now, the third wave of the lower level iii of C has formed, and the correctional wave iv of C has developed. 

If the assumption is correct, the NZD USD pair my fall to the levels of 0.6060 – 0.5910. In this scenario, critical stop loss level is 0.6572.

 

[Solid ECN ✔️]

On the daily chart, the third wave of the higher level (3) formed, and a downward correction developed as the fourth wave (4). Now, the formation of the fifth wave (5) has started, within which the first entry wave of the lower level i of 1 of (5) has formed. 

If the assumption is correct, the price will grow to the levels of 171.15–188.15. In this scenario, critical stop loss level is 100.49.