{"id":361899,"date":"2025-01-29T12:52:09","date_gmt":"2025-01-29T07:22:09","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=361899"},"modified":"2025-01-29T12:52:09","modified_gmt":"2025-01-29T07:22:09","slug":"wbc-elliott-wave-analysis-and-elliott-wave-forecast-video-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/wbc-elliott-wave-analysis-and-elliott-wave-forecast-video-crypto-news\/","title":{"rendered":"WBC Elliott Wave analysis and Elliott Wave forecast [Video] &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>ASX:\u00a0WESTPAC BANKING CORPORATION &#8211; WBC Elliott Wave\u00a0Technical Analysis TradingLounge.<\/p>\n<p>Greetings,<\/p>\n<p>Today&#8217;s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/elliott-wave\" data-fxs-autoanchor=\"\">Elliott Wave<\/a> <a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/analysis\">analysis<\/a> provides an updated perspective on the Australian Stock Exchange (ASX) focusing on\u00a0WESTPAC BANKING\u00a0CORPORATION (WBC).<\/p>\n<p>Our analysis indicates that\u00a0ASX: WBC\u00a0may have completed a\u00a0Triangle pattern, suggesting an upward movement. This evaluation also highlights\u00a0key price levels\u00a0to help traders determine whether this scenario remains valid, when it is invalidated, and when a\u00a0bullish confirmation trend\u00a0is likely to emerge.<\/p>\n<h2 class=\"fxs_headline_medium\">WBC (1D chart, semilog scale)<\/h2>\n<ul>\n<li>\n<p><strong>Function:\u00a0<\/strong>Major Trend (Minute degree, navy).<\/p>\n<\/li>\n<li>\n<p><strong>Mode:<\/strong>\u00a0Motive.<\/p>\n<\/li>\n<li>\n<p><strong>Structure:<\/strong>\u00a0Impulse.<\/p>\n<\/li>\n<li>\n<p><strong>Position:\u00a0<\/strong>Wave (v) &#8211; orange of Wave ((v)) &#8211; navy.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Details:<\/strong><\/p>\n<p>Our analysis identifies a\u00a0Triangle pattern, with the\u00a0fourth wave recently completing\u00a0at a low of\u00a031.59. This setup is followed by the\u00a0(v) &#8211; orange wave, which has begun unfolding in an\u00a0upward direction. The\u00a0target price\u00a0is projected to reach\u00a0around 36.49\u00a0or as high as the\u00a0upper edge of the channel.<\/p>\n<p>For this scenario to remain valid, the price\u00a0must stay above 31.59.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/p-638737284013009247.png\"><\/a><\/p>\n<h2 class=\"fxs_headline_medium\">WBC (4-hour chart)<\/h2>\n<ul>\n<li>\n<p><strong>Function:\u00a0<\/strong>Major Trend (Minor degree, grey).<\/p>\n<\/li>\n<li>\n<p><strong>Mode:<\/strong>\u00a0Motive.<\/p>\n<\/li>\n<li>\n<p><strong>Structure:<\/strong>\u00a0Impulse.<\/p>\n<\/li>\n<li>\n<p><strong>Position:\u00a0<\/strong>Wave (v) &#8211; orange.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Details:<\/strong><\/p>\n<p>The\u00a0Triangle formation\u00a0appears to have completed, with the\u00a0price pushing above the end of wave d &#8211; grey. In the short term, the\u00a0price is expected to move towards the nearest target\u00a0at\u00a00.618 <a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/support-resistance\/fibonacci\">Fibonacci<\/a> ratio of wave (v) to wave (i).<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/p2-638737284243279243.png\"><img decoding=\"async\" alt=\"Chart\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/p2-638737284243279243.png\" style=\"width: 900px;height: 522px\" \/><\/a><\/p>\n<p><strong>Conclusion:<\/strong><\/p>\n<p>Our Elliott Wave analysis for\u00a0ASX: WESTPAC BANKING CORPORATION &#8211; WBC\u00a0provides key insights into\u00a0current market trends, helping traders make informed decisions. By identifying\u00a0critical price levels\u00a0that validate or invalidate our wave count, we enhance confidence in our forecast.<\/p>\n<p>By integrating these technical factors, we deliver a\u00a0professional and objective perspective\u00a0on market trends, equipping traders with\u00a0actionable insights\u00a0for effective decision-making.<\/p>\n<p><strong>Technical analyst:<\/strong><\/p>\n<p>Hua (Shane) Cuong, CEWA-M (Master\u2019s Designation).<\/p>\n<h2 class=\"fxs_headline_medium\">ASX:\u00a0Westpac\u00a0Banking\u00a0Corporation\u00a0&#8211; WBC Elliott Wave technical analysis [Video]<\/h2>\n<div class=\"youtube_cke fxs_external\">\n<p><iframe loading=\"lazy\" title=\"ASX Trading Success: WESTPAC BANKING CORPORATION - WBC Elliott Wave Analysis &amp; Elliott Wave Forecast\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/j1U0uGqiADo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ASX:\u00a0WESTPAC BANKING CORPORATION &#8211; WBC Elliott Wave\u00a0Technical Analysis TradingLounge. Greetings, Today&#8217;s Elliott Wave analysis provides an updated perspective on the Australian Stock Exchange (ASX) focusing on\u00a0WESTPAC BANKING\u00a0CORPORATION (WBC). Our analysis indicates that\u00a0ASX: WBC\u00a0may have completed a\u00a0Triangle pattern, suggesting an upward movement. This evaluation also highlights\u00a0key price levels\u00a0to help traders determine whether this scenario remains valid, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":361904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,800,307,255,250,252,247,253,249,308,256,254],"class_list":["post-361899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-elliottwave","tag-equities","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=361899"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361899\/revisions"}],"predecessor-version":[{"id":361906,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361899\/revisions\/361906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/361904"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=361899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=361899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=361899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}