sanjayplayer1

sanjayplayer1

Silver has fallen from high on saturday and we mark this move as A and from 31.93 low it has made (a) move to upside and ABC irregular correction in (b) and complete (c) at 32.92 and total move as W and x and now completed a Y correction to upside and now broken the low of X,as per EW this move has completed the correction and more downside move is expected below 31.93

sanjayplayer1

In reference with my previous post, gold has made a 3-3 corrective move and didn't break above the high, so price is expected to break the low of 2864 . Lets see how it unfolds in coming days.

sanjayplayer1

Gold has moved from the lows of 2771 to 2991 highs making 5 wave to upside, wave 3 not extended in this move and is only 123% and we have 3 wave correction in wave 4 and 5th wave is extended is more than 0.618 and is not reached more than 0.78, as per study we are in overbought zone and we can expected a fall from this zone of 2910-2943 zone, higher the price...

sanjayplayer1

Price is in correction since the last rally from 91500 lows, now going through the pattern it looks like a WXYXZ pattern WXY is is complete and the last leg of z is pending. Since the price has bounced from 94735 lows and it doesn't seems to be implusive so one more move to the downside is expected.\ It is very complex correction and slow price movement.

sanjayplayer1

Silver has completed ABC move towards upside from the low of 29.70 A completed a 31.70 and B at 30.68 and C at 32.65, which is 100% as per ABC move, if it breaks below 31.85 and sustain below than this ABC will be confirmed and the entire move will become 3 wave correction. Start of wave from 28.74 (A) to the high of 30.97 and mid low of 29.70.(B) and last high...

sanjayplayer1

In reference with previous post. Price dropped from your level of 61-70% zone and broke to new low, price has made a 5 wave downside to make a possible wave and wave 2 is looks like complete at 100741 level and new low of 93270 is possible inner wave of wave 3, which is 100% from high of wave 2, is it can be a wxy irregular correction of is being completed at...

sanjayplayer1 Updated 

If I try to label to it Via green count ,price has dropped from high of 102433 and retraced almost to from the point wave 2, 50% retracement in price from high creates doubts, as it doesn’t happen often in impulsive moves. If I try to label is according other way, wave 3 end near 123% and wave 5 doesn’t even cross 61.8% which is mandatory in case of non extended...

sanjayplayer1

After making Low of 91226 price bounced impulsively, it was bound to happen due to extended 5th wave, now making a structure on impulsive nature and 1-2 is complete and 3 is undergoing or about to complete, I have marked 1 at 94915 an wave 2 is running correction-wxy, it also gives an impression of 1-2-1-2 but its inner count doesn’t allow, so wave 3 started from...

sanjayplayer1

As explained earlier, structure in shade was looking like, LD but it turnout to be WXY and broke below the low of entire LD. Over all pattern turned Higher degree WXY and an inregular correction in 4h Time frame. It looks more complex . In WXY pattern Y usually is Simple zig zag means two moves to the downside. 1 is complete and it may take some time and make...

sanjayplayer1 Updated 

Gold completed correction and now is in 5th wave of Major trend. Is expected to go to 2880 minimum. in last wave

sanjayplayer1

In reference to my earlier post, As I mentioned in my analysis it Can be a Leading diagonal structure. It has turn out almost the same. Under the rules of LD wave 4 is overlapping wave 1 and and wave 3 is not extended and wave 5 is more than 61.8% hence extended and move from wave 5 to downside as 3-3-3 WXY correction has broken the trendline as normally happens...

sanjayplayer1

BTC USD completed THE WXY PATTERN, and now forming a pattern with 5 wave upside on first leg, which opens up more than one opportunity, like ABC- zigzag, LD first wave 1-3 have formed under this, it can be LD as well, it can 1-1-1 ew combination as well, it will interesting to see what folds out. Now the sturcture based on counts looks like DIANGONAL 1- LD-...

sanjayplayer1

BTC USD COMPLETED THE WXY PATTERN, and now forming a pattern with 5 wave upside on first leg, which opens up more than one opportunity, like ABC- zigzag, LD first wave 1-3 have formed under this, it can be LD as well, it can 1-1-1 ew combination as well, it will interesting to see what folds out. Options are 1- Abc pattern SZZ-- structure wise ok, fib ext. Was...

sanjayplayer1

OIL is under the correction and look like it is double zigzag and posible becoming triple zigzag and the if it break out to upside than it may go to upside in very less time.

sanjayplayer1

Elliotwave analysis, bitcoin has completed 5move to the upside from low and now looks like completing its correction on the upside. It has made a Irregular correction at top and is in Y wave and expected to make another low than rally upwards for fresh targets

sanjayplayer1

This is an attempt to do the EW analysis. I have done with best of my knowlede if any one find any error, plz let me know. thanks

sanjayplayer1

HIgher degree correction in Crude oil Elliot wave in progress in crude oil wave X is as a leading diagonal, waveY is complete as corrective and wave Z is in progress.