Elliot Wave Analysis by SolidECN Experts

[Solid ECN]

On the daily chart, an ascending wave of the higher level (A) of B has been formed, and the downward correction continues to develop as wave (B) of B, within which the formation of wave C of (B) began. At the moment, the third wave of the lower level iii of С is forming, within which wave (iii) of С is developing and wave (iii) of iii has completed.

If the assumption is correct, after the local correction (iv) of iii the decline of NZDUSD will continue to the levels of 0.632 - 0.6224. The level of 0.6646 is critical and stop-loss for this scenario.

 

[Solid ECN]

On the daily chart, the first wave of the higher level (1) of 5 is formed, within which the wave 3 of (1) develops. At the moment, the first wave of the lower level i of 3 has formed, the local correction as the second wave ii of 3 has completed and the third wave iii of 3 is developing, in which wave (iii) of iii is being formed.

If the assumption is correct, USDCAD will rise to the levels of 1.32 - 1.341. The level of 1.2455 is critical and stop-loss for this scenario.

[/JUSTIFY]

 

[Solid ECN]

On the daily chart, the fifth wave of the higher level (5) is developing, in which wave 3 of (5) appeared and the fourth wave 4 of (5) is developing. At the moment, wave a of 4 has formed, wave b of 4 has completed, and the formation of wave c of 4 has begun, in which the wave of the lower level (iii) of c is being completed.

If the assumption is right, the fall of the pair will continue to the levels of 144.62 - 131.35. The level of 192.89 is critical and stop-loss for this scenario.

[/JUSTIFY]

 

[Solid ECN]

On the daily chart, a descending first wave of the higher level (1) of 3 has formed and the upward correction continues to develop as the second wave (2) of 3; wave C of (2) is being formed, in which the third wave of the lower level iii of C is developing.

If the assumption is correct, the growth of USDCHF will continue to the levels of 0.99 - 1.0029. The level of 0.9593 is critical and stop-loss for this scenario.

 

[Solid ECN]

Intel Corp, the price may fall.

On the daily chart, the downward correction of the higher level continues to develop as the second wave (2), within which wave C of (2) is being formed. At the moment, the third wave of the lower level iii of C is developing, in which the local correction as wave (ii) of iii has completed and the formation of wave (iii) of iii continues.

If the assumption is correct, the price will fall to the levels of 38 - 31.5. The level of 52.6 is critical and stop-loss for this scenario.

 

[Solid ECN]

The Walt Disney , a fall is possible.​

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

If the assumption is correct, the price will fall to the levels of 95 - 80. In this scenario, critical stop loss level is 130.2.

 

[Solid ECN]

On the daily chart, the upward wave C forms, within which the first wave 1 of (1) of C developed, and a downward correction form as the second wave 2 of (1) of C. Now, the wave of the lower level a of 2 is developing, within which the correctional wave (iv) of a is ending its formation.

If the assumption is correct, after the end of the correction, the price will fall within the wave (v) of a to the levels of 82.3 - 67. In this scenario, critical stop loss level is 118.38.

 

[Solid ECN]

Netflix, the price may fall.​

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

If the assumption is correct, the price will fall to the levels of 132.95–80.22. In this scenario, critical stop loss level is 206.31.

 

[Solid ECN]

On the daily chart, a global downward correction develops, within which the wave of the higher level (C) of B forms, and the fifth wave v of (C) develops. Now, the fifth wave of the lower level (v) of v of (C) is forming, within which the wave v of (v) of v is developing.

If the assumption is correct, the EURUSD pair will fall to the levels of 1.035 - 1.025. In this scenario, critical stop loss level is 1.0704.

 

[Solid ECN]

On the daily chart, a downward correction develops as the wave (2), within which the wave and of (2) formed, a local correction developed as the wave B of (2), and the wave C of (2) develops. Now, the fifth wave of the lower level v of C is developing.

If the assumption is correct, the GBP/USD pair will fall to the levels of 1.2081 - 1.195. In this scenario, critical stop loss level is 1.2642.

 

[Solid ECN]

Nvidia, the price may fall.​

On the 4-hour 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 is developing, within which the formation of the wave (iii) of iii has started.

If the assumption is correct, the price will fall to the levels of 100 - 50. In this scenario, critical stop loss level is 203.96.

 

[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 first wave of the lower level i of 3 has formed, a local correction has ended as the second wave ii of 3, and the third wave iii of 3 is developing, within which the wave (iii) of iii is forming.

If the assumption is correct, the pair will grow to the levels of 1.32 - 1.341. In this scenario, critical stop loss level is 1.2709.

 

[SOLIDECN]

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 A of (4) develops. Now, the fifth wave of the lower level v of A is forming, within which the wave (iii) of v is developing.

If the assumption is correct, the price will fall to the levels of 178.37 - 135.65. In this scenario, critical stop loss level is 215.3.

 

[Solid ECN]

On the daily chart, the first downward wave of the higher level (1) of 3 formed, and an upward correction develops as the second wave (2) of 3, 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 has ended.

If the assumption is correct, after the end of the correction (iv) of iii the pair will grow to the levels of 1.007 - 1.02. In this scenario, critical stop loss level is 0.9783.

 

[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. Now, the wave of the lower level A of (2) has formed, the wave B of (2) has developed, and the wave C of (2) is forming, within which the wave i of C has ended, and the wave ii of C is forming.

If the assumption is correct, after the end of the correction, the pair will fall to the levels of 0.6742 - 0.6446. In this scenario, critical stop loss level is 0.7374.

 

[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 is forming, within which the wave (v) of iii is developing.

If the assumption is correct, the pair will fall to the levels of 0.6224 - 0.591. In this scenario, critical stop loss level is 0.6572.

 

[SOLIDECN]

On the daily chart, the first wave of the higher level (1) develops, within which the third wave 3 of (1) formed. Now, a downward correction has started to develop as the fourth wave 4 of (1), within which the wave a of 4 is forming.

If the assumption is correct, the pair USDJPY will fall to the levels of 124.65 - 120.5. In this scenario, critical stop loss level is 131.5.

 

[SOLIDECN]

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) formed. Now, a local correction has ended as the fourth wave 4 of (5), and the development of the fifth wave 5 of (5) has started, within which the first wave of the lower level i of 5 has formed, and the wave ii of 5 is ending.

If the assumption is correct, after the end of the correction, the price will grow within the wave iii of 5 to the levels of 280 - 295. In this scenario, critical stop loss level is 233.65.

 

[SOLIDECN]

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

If the assumption is correct, after the end of the correction, the price will fall to the levels of 1.031 - 1.025. In this scenario, critical stop loss level is 1.0645.

 

[Solid ECN]

On the daily chart, the third wave of the higher level 3 developed, and a downward correction develops as the fourth wave 4. Now, the wave (A) of 4 has formed, the wave (B) of 4 has developed, and the wave (C) of 4 is developing, within which the third wave of the lower level 3 of (C) has formed, and a local correction is developing as the wave 4 of (C).

If the assumption is correct, after the end of the correction, the price will fall to the levels of 127.03 - 121.35. In this scenario, critical stop loss level is 155.30.