Elliot Wave Analysis by Solidecn.com

#8
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.

 
#9
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.

 
#10
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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