Elliot Wave Analysis by SolidECN Experts

SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
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Microsoft - The price may grow.​

If the assumption is correct, the price of the asset will grow to the levels of 316.2–350.4. In this scenario, critical stop loss level is 241.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39

USDJPY - The pair may grow.​

If the assumption is correct, the USDJPY pair will grow to the levels of 139.5–142. In this scenario, critical stop loss level is 134.69.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39

Silver - A fall is possible.​

If the assumption is correct, the pair XAGUSD will fall to the levels of 18.4–15.77. In this scenario, critical stop loss level is 20.2.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39

AUDUSD - The pair may fall​

If the assumption is correct, the AUDUSD pair will fall to the levels of 0.6446–0.6082. In this scenario, critical stop loss level is 0.6885.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
NZDUSD - The pair may fall.

If the assumption is correct, the NZDUSD pair will fall to the levels of 0.6060–0.5910. In this scenario, critical stop loss level is 0.6257.

nzdusd.png
 

SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
IBM - The price may grow.

If the assumption is correct, the price of the asset will grow to the levels of 153.45–160. In this scenario, critical stop loss level is 132.61.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
JPMorgan Chase - The price may grow.

If the assumption is correct, the price of the asset will grow within the wave (B) of 4 to the levels of 132.7–140.7. In this scenario, critical stop loss level is 108.35.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39

USDCAD - The pair may grow.​

If the assumption is correct, the USDCAD pair will grow to the levels of 1.341 – 1.37. In this scenario, critical stop loss level is 1.2816.

 

SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
USDCHF - The pair may grow.

On the daily chart, the third wave of the higher level 3 of (3) develops, within which the wave iii of 3 formed, and a correction formed as the fourth wave iv of 3. Now, the formation of the fifth wave v of 3 has started, within which the first wave of the lower level (i) of v has formed.

If the assumption is correct, after the end of the local correction (ii) of v, the USD/CHF pair will grow to the levels of 1.02 – 1.035. In this scenario, critical stop loss level is 0.949.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
Boeing - The price is in a correction, a fall is possible.

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

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39

American Express - The price may grow.​


If the assumption is correct, the price of the asset will grow within the wave 5 of (5) to the levels of 171.15 – 199.25. In this scenario, critical stop loss level is 132.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
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Crude Oil - The price may fall.

If the assumption is correct, Brent Crude Oil price will fall to the levels of 77.08–62.5. In this scenario, critical stop loss level is 109.83.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
Gold - The pair is in a correction, a fall is possible.

On the daily chart, a downward correction develops as the fourth wave of the higher level (4), within which the wave C of (4) forms. Now, the fifth wave v of C is developing, within which the third wave of the lower level (iii) of v of C is ending the formation.

If the assumption is correct, after the end of the correctional wave (iv) of v of C, the XAUUSD pair will fall to the levels of 1681.1–1621.9. In this scenario, critical stop loss level is 1811.8.

oil.png
 

SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39

Intel - The price may fall.​

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 ending.

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 44.86.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
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Crude Oil - The probability of decline remains.

On the daily chart, the formation of the first wave of the higher level 1 of (1) of C has completed, and a downward correction is observed as the second wave 2 of (1) of C, in which the wave of the lower level a of 2 is developing. At the moment, the wave (i) of a has already been formed, the correctional wave (ii) of a has completed, and the third wave of the lower level (iii) of a is also developing.

If the assumption is correct, the price of WTI Crude Oil will fall to 82.3 – 67. The level of 105.93 is critical and stop-loss for this scenario.

oil.png
 

SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
Crude Oil - The probability of decline remains.

On the daily chart, the formation of the first wave of the higher level 1 of (1) of C has completed, and a downward correction is observed as the second wave 2 of (1) of C, in which the wave of the lower level a of 2 is developing. At the moment, the wave (i) of a has already been formed, the correctional wave (ii) of a has completed, and the third wave of the lower level (iii) of a is also developing.

If the assumption is correct, the price of WTI Crude Oil will fall to 82.3 – 67. The level of 105.93 is critical and stop-loss for this scenario.

oil.png
 

SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
Silver - The probability of decline remains.

On the daily chart, there is a downward correction of the higher level as the second wave (2), in which wave C of (2) is formed. At the moment, the fifth wave v of C is developing, which includes wave (v) of v.

If the assumption is correct, XAGUSD will fall to the levels of 17.2 – 15.77. The level of 19.44 is critical and stop-loss for this scenario.

silver.png
 

SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
Netflix - The possibility of growth remains.

On the daily chart, wave A of the higher level has formed, and the development of a downward correction as wave B has also completed. At the moment, wave C is being built, where the first leading wave of the lower level 1 of (1) of C has already appeared, the local correction as wave 2 of (1) of C has been completed, and the development of the third wave 3 of (1) of C has begun.

If the assumption is correct, the price will rise to the levels of 326.97 – 397. The level of 163.03 is critical and stop-loss for this scenario.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
Walt Disney - The probability of decline remains.

On the daily chart, the development of wave A of the higher level has completed, and now there is a downward correction as wave B with the formation of wave (A) of B. In addition, the fifth wave of the lower level 5 of (A) is being formed, within which the wave of the third wave v of 5 is developing.

If the assumption is correct, the price will fall to the levels of 80 – 62.5. The level of 113.45 is critical and stop-loss for this scenario.

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SOLIDECN

Master Trader
Nov 16, 2021
3,177
22
54
39
EURUSD - The possibility of growth remains.

On the daily chart, the development of the downward correction of the higher level as wave (B) has completed, in which the wave C of (B) has formed, and the fifth wave of the lower level (v) of v of B has also appeared and the formation of the upward wave of the higher level (B) has begun.

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If the assumption is correct, EUR/USD will rise to the levels of 1.0612–1.0787. The level of 0.9944 is critical and stop-loss for this scenario.