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Archive by author: Alessio BarrettaReturn
April 2023
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for waves (iv) and (v) to come as anticipated in the previous analysis. We could find support around 450/440$. Daily - Moving as expected, with what seems to be a three wave move. Looking for more downside into wave {c} to then resume and complete the diagonal in wave (5).
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Elliott Wave charts by Alessio Barretta 4 Hour - Looking for further downside into wave {v}, ideally we will get more confirmation one we break the green line. We have an overlapping structure at the beginning od the down move which then resulted in an acceleration lower, which many time stands for a series of ones and twos that turn into a series of threes and fours. Daily - Moving as expected, we could definitely be in wave {v} of 3 as we are resuming lower in a decisive manner.
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Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a potential three wave move to have come to an end into wave {b}, however I still do not see a clear impulsive move to the downside which makes me wonder whether we might continue sideways or not. Daily - Looking for further downside to complete the overall correctio in wave B. however it is worth mentioning that wave Bs are often known for being unpredictable in terms of the shape they will assume. We should then be prepared for a po...
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Elliott Wave charts by Alessio Barretta 4 Hour - We can see five waves into wave 1 as we are starting to pullback more than in the previous retracements. Looking for a clear three wave move into wave 2 before considering longs. Daily - Looking for further upside into wave (C) as we have broken through confirmation level (green line).
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