Wave Kani

@wavekani


Free Elliott Wave analysis channel Hello everyone ๐ŸŒŠ๐ŸŒŠ

Wave Kani

21 Oct, 22:39


๐Ÿ“Š EUR/USD 1H Update:

In the last update, we expected a diagonal ending for Wave 5, but guess what?

The market had other plans! ๐Ÿ˜… The price kept dropping, forming new lower lows.

No worries, though โ€” I still anticipate that this wave will wrap up soon, giving us a chance for an upward correction. ๐Ÿš€

The fourth wave might be forming a triangle, with the possibility that Wave 5 has already completed.

But watch out! Thereโ€™s a second scenario (not my fave ๐Ÿ˜ฌ) where the price continues its descent without giving us the big correction weโ€™re hoping for.

Stay alert and remember, opportunities will come! ๐Ÿ“‰๐Ÿ’ฅ

Wave Kani

20 Oct, 10:53


๐Ÿ”ฅ Wave 3 in Elliott Wave is like a rocket ๐Ÿš€ taking offโ€”itโ€™s the strongest and fastest!

Youโ€™ll feel the rush ๐Ÿ˜ฑ as prices move with serious momentum, and missing it is like watching the bus zoom off without you ๐ŸšŒ๐Ÿ’จ.

This is the market saying, โ€œI mean business!"๐Ÿ•ด๏ธ

Wave Kani

20 Oct, 10:24


USD/JPY 1D Update: Are You Ready?

๐Ÿช We've seen a strong wave down, but now it's time for the third wave โ€” and trust me, it's going to be BIG! ๐ŸŒŠ

๐Ÿ’ฅ This is where the real action begins, and missing out could be a costly mistake. The market is about to explode, and this could be your chance to ride the momentum.

๐Ÿ˜ดDon't let this opportunity slip through your fingers! Join us now to get real-time updates, detailed entry/exit points, and ensure you're not left behind while others ride the wave to success.

๐Ÿš€ What are you waiting for? The market wonโ€™t wait!

Wave Kani

19 Oct, 17:23


Stop fearing retracements.

Price never follows a straight line.

Trust your system.

Trust your plans

Wave Kani

19 Oct, 17:02


Have a nice weekend ! ๐Ÿฅฐ

GBP/USD 1D The price first formed an ending diagonal ๐ŸŒ€ and then we saw a strong drop ๐Ÿ“‰.

โ—๏ธNow, weโ€™re waiting for a correction. The market tends to pull back after such a move,
so the next week could give us a good opportunity to catch the next wave down! ๐ŸŒŠ

๐ŸคŸ Remember, itโ€™s all about staying patient and catching the next big move! ๐Ÿ“‰

Are you ready for it? ๐Ÿ˜Ž

Wave Kani

17 Oct, 20:32


๐Ÿ“š Ending diagonal and ledinge diagonal it's almost the same
that they a motive waves , but not impulse as it also has corrective characteristics.

โš ๏ธRules:

โœ…Wedge shape with contracting trendlines
โœ…Wave 4 overlaps with Wave 1, but does not
go beyond the start of wave 2
โœ…Wave 1 is the longest wave and wave 3
canโ€™t be shorter than wave 5
โœ… Structure is normally 3-3-3-3-3, or 5-3-5-3-5each
waves subdivides into a ZigZag a-b-c or w-x-y
โœ…Ledainge diagonal it can be wave (1 or A) Ending diagonal it can be wave (5 or C)

โ—๏ธIt is also accompanied by divergences in RSI or MACD indicator.

Wave Kani

17 Oct, 10:16


Bitcoin Update ๐Ÿค‘

๐Ÿ”ฅCalling all Bitcoin fans! ๐Ÿ“ข Iโ€™m seeing signs of 5 impulsive waves completed, and it looks like we're starting an leading diagonal!

๐Ÿช Right now, Wave 4 is overlapping with Wave 1, which is typical for these patterns.
We could see a zigzag correction coming soon before Bitcoin heads higher! ๐Ÿ“‰๐Ÿ”„

Could this next wave push us all the way to 100K? ๐Ÿคฏ

Whatโ€™s your takeโ€”are we about to ride the next big wave,
or are you cautious?

Wave Kani

17 Oct, 09:58


๐Ÿ“š The Ending Diagonal is a pattern the occurswhen the preceding move as Elliott puts it has gone โ€žto far too fastโ€œ.

This pattern is mostly found in the fifth wave,at the end of an impulse.

It can also happen
as a final Wave C in a ABC-Correction.

Wave Kani

16 Oct, 20:38


โ—๏ธGOLD 1H

โœŒ๏ธ This is the most likely scenario at the moment!

Tomorrowโ€™s news will be BIG, and itโ€™s likely to set the marketโ€™s direction! Stay cautious, avoid rushing in.

rememberโ€”thereโ€™s always another opportunity to catch the move!

โณ By the way, only 1 day left to grab 30% OFF on all plans! ๐ŸŽ‰

๐Ÿ“ฒ Donโ€™t miss out on daily updates with precise entry and exit zones!

๐Ÿ’ฅ Covering 1D, 4H, and 1H time frames!

AUD, EUR, GBP, CAD, CHF, and JPY vs. USD
Gold, WTI (Oil), GBP/JPY , EUR/JPY

Wave Kani

16 Oct, 17:46


EUR/USD 1H Update ๐Ÿš€

๐Ÿ˜ถโ€๐ŸŒซ Spotted a juicy ending diagonal after a steep drop!
This could be the marketโ€™s way of saying the move Is nearly done.

๐ŸŽฏ Ending diagonals often show up in Wave 5, just before the market flips into correction mode

โ—๏ธ Be readyโ€”false breakouts can happen here, but a reversal could be just around the corner! โณ๐Ÿ“ˆ

What do you thinkโ€”are you ready to catch the next move?

Wave Kani

16 Oct, 08:54


๐Ÿ”น Third Scenario: The flat correction scenario is still possible.
In this case, we are in Wave B of the correction and still
expect 5 corrective waves before the next impulsive move.

Wave Kani

16 Oct, 08:54


๐Ÿ”นSecond Scenario: Wave 3 has already started with strong
momentum, and we may not see a deep correction for Wave 2.

Wave Kani

16 Oct, 08:54


๐Ÿ”นFirst Scenario: The first wave of the third wave has already
finished. We are now expecting a small correction, presenting
an ideal entry point as we anticipate 5 clear impulsive waves.

Wave Kani

16 Oct, 08:53


โ—๏ธGold Quick Update #3:

๐Ÿš€ After breaking the previous high, it seems that the second
corrective wave may have completed, and we are now in
Wave 3. There are three possible scenarios still in play:

๐Ÿ”นFirst Scenario: The first wave of the third wave has already
finished. We are now expecting a small correction, presenting
an ideal entry point as we anticipate 5 clear impulsive waves.

๐Ÿ”นSecond Scenario: Wave 3 has already started with strong
momentum, and we may not see a deep correction for Wave 2.

๐Ÿ”น Third Scenario: The flat correction scenario is still possible.
In this case, we are in Wave Z of the correction and still
expect 5 corrective waves before the next impulsive move.

๐Ÿ™ Each scenario has its own likelihood, and it's important
to be patient and wait for confirmation before jumping in!

Wave Kani

15 Oct, 17:04


Gold Quick Update ๐ŸŒŸ

๐Ÿงข I've received a lot of messages about gold lately.
I still believe gold is in a corrective wave, likely forming an extended flat pattern.

I expect a retracement to the 50% or 61.8% Fibonacci levels. ๐Ÿ“‰

๐Ÿ™‹โ€โ™‚๏ธ While my primary scenario is this corrective move, there's also a chance that the impulsive wave has already completed and we may not see those levels.

But donโ€™t worryโ€”markets always provide opportunities! ๐Ÿ˜‰

Wave Kani

15 Oct, 09:37


Quick Gold Update ๐ŸŒŸ

The correction isnโ€™t over yet. Wave "X" looks like a flat pattern and may set a bull trap.
We still need to see a 50% Fibonacci retracement before any big move. Whatโ€™s your view?

๐Ÿ˜Ž Stay cautious, and donโ€™t jump in too earlyโ€”waiting for
confirmations can save you from unnecessary risk.

Wave Kani

14 Oct, 16:44


๐Ÿ“šEducational post

โœ…Impulsive Waves (5-3-5-3-5)


Understanding Impulsive Waves is crucial in Elliott Wave analysis as they represent the initial movement in the direction of the larger trend. These waves consist of a five-wave structure, with waves 1, 3, and 5 moving in the direction of the trend, while waves 2 and 4 serve as corrective phases. It's important to adhere to three key rules to label Impulsive Waves accurately.


Impulsive Wave Rules

โ˜‘๏ธ Rule #1 - Wave 2 never falls below the starting point of Wave 1.
โ˜‘๏ธ Rule #2 - Wave 3 is often the longest wave, but never the shortest of the waves
1-3-5. Wave 3 can be shorter than wave 1 or wave 5, but canโ€™t be shorter than
both.
โ˜‘๏ธ Rule #3 - Wave 4 canโ€™t enter Wave 2 territory.



๐Ÿ† Tip: You are usually going to see Impulsive Wave patterns in the direction of the larger
trend, and you can check for wave 5 after you see some strong and sharp movements,
but to be sure you are on the right track make sure all three rules are in place.