Elliot Wave Analysis by SolidECN Experts

[SOLIDECN]

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.

 

[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 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.

 

[SOLIDECN]

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.

 

[SOLIDECN]

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.

 

[SOLIDECN]

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.

 

[SOLIDECN]

The pair may grow.​

On the daily chart, the first wave of the higher level (1) develops, within which the wave 3 of (1) forms. Now, the development of the third wave of the lower level iii of 3 is ending, within which the wave (v) of iii is ending.

If the assumption is correct, after the end of the local correction as the fourth wave iv of 3, the USDJPY pair will grow to the levels of 138.5 – 142. In this scenario, critical stop loss level is 126.45.

 

[SOLIDECN]

The pair may fall.​

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

If the assumption is correct, the EURUSD pair will fall to the levels of 1.0300 - 1.0200. In this scenario, critical stop loss level is 1.0790.

 

[SOLIDECN]

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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 ending as the wave (ii) of i.

If the assumption is correct, after the end of the correction, the GBPUSD pair will grow to the levels of 1.3148–1.3311. In this scenario, critical stop loss level is 1.2160.

 

[SOLIDECN]

On the daily chart, the first wave of the higher level (1) develops, within which the wave 3 of (1) forms. Now, the third wave of the lower level iii of 3 has developed, within which the wave (v) of iii has formed, and a downward correction has started to develop as the fourth wave iv of 3.

If the assumption is correct, the USD JPY pair will fall to the levels of 128.52 – 124.48. In this scenario, critical stop loss level is 135.22.

 

[SOLIDECN]

The price is in a correction, a fall is possible.
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 a local correction has started to develop as the wave (B) of 2.

If the assumption is correct, after the end of the correction, the price will fall to the levels of 26.32 – 20.82. In this scenario, critical stop loss level is 43.40.

 

[Solid ECN]

AUDUSD, 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, a local correction has developed as the wave ii of C, and the wave iii of C is forming.

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 0.7235.

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[SOLIDECN]

IBM, the price may grow.​

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.​

 

[SOLIDECN]

NZDUSD, 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, the correctional wave iv of C has developed, and the fifth wave v of C is forming.

If the assumption is correct, the NZD USD pair will fall to the levels of 0.606 – 0.591. In this scenario, critical stop loss level is 0.6426.

 

[SOLIDECN]

USD CAD, The pair may grow.​

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, a local correction has developed as the wave (ii) of iii, and the wave (iii) of iii is forming.

If the assumption is correct, the USD CAD pair will grow to the levels of 1.341 – 1.37. In this scenario, critical stop loss level is 1.2507.

 

[SOLIDECN]

Boeing, the price may fall.​

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

If the assumption is correct, after the end of the correction, the price will fall to the levels of 89.41 – 50. In this scenario, critical stop loss level is 167.33.

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[SOLIDECN]

Intel, the price may fall.

If the assumption is correct, after the end of the local correction (iv) of iii the price will fall to the levels of 31.5 - 24.4. In this scenario, critical stop loss level is 48.95.

 

[SOLIDECN]

Netflix - The price may grow.​

If the assumption is correct, the price will grow to the levels of 326.97 – 397. In this scenario, critical stop loss level is 163.03.

 

[SOLIDECN]

EURUSD - The pair may fall.​

If the assumption is correct, the EUR USD pair will fall to the levels of 1.0300 – 1.0200. In this scenario, critical stop loss level is 1.0622.

 

[SOLIDECN]

GBPUSD - The pair may fall.​

If the assumption is correct, the GBP USD pair will fall within the wave (v) of v to the levels of 1.175 – 1.155. In this scenario, critical stop loss level is 1.2412.

 

[SOLIDECN]

Nvidia - The price may fall​

If the assumption is correct, the price will fall to the levels of 100 – 50. In this scenario, critical stop loss level is 196.