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Archive by author: Alessio BarrettaReturn
February 2023
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have had three wave to the downside in wave {a}, however it could also be counted as five down as a diagonal. Daily - It kept moving as expected after the exited the trade in profit last month. At this point we can expect a three wave move which seems to have started already and we could be ready to resume lower into wave {c}.
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Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have had a diagonal in wave (i) and we are now ready to pullback lower into wave (ii). Daily - It has been moving higher after a clear five wave move which seems to be completed to then resume higher.
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Elliott Wave charts by Alessio Barretta 4 Hour - Looking for further downside into wave {c} as we could be in wave (iv) of {c} and we could reach the 0.618 {c} vs. {a} to then find support. Daily - Looking for further downside into wave {c} as we have been anticipating for quite some weeks now, and then we’ll look for longs in wave 3.
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Elliott Wave charts by Alessio Barretta 4 Hour - It is clearer on this lower timeframe chart that price has been moving sideways and we could expect further developments before continuation higher. Daily - At this point we can explore the possibility of a triangle in wave {b} of 2 to then resume higher in wave {c} and complete the three wave move to the upside.
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