In nifty 5 Waves down seems done for A. We can see 22320-22400 in coming days. latest updated.
the best scenario is to see the price mitigate the demand level for searching for buying opportunities from better prices _____________________________________________________________ don't forget your risk management follow for more :))
Looking at the current market condition it is very clear that the top of wave B is completed here & also today big red candle gave us the indication that it is going for the wave C -in the downside wave C projects minimum around 61% so first target would be 17511 which is minimum projection & after that it can retrace till 100% (17257) - 127%...
Wave B well on it's way. If yesterdays low completed a wave 4 (size of 1 from top of 3) we shall complete quite rapidly the full 5 wave sequence of A of (B),fib targets on the chart. Note we shall be entering a wave 5 of 3 so expect a well defined trend to unfold in the coming weeks. Ultimate target of this wave (B) is quite likely to complete in ATH.
I've put this Elliot Impulse wave together with an ABC corrective and a possible entry around the fib golden pocket for anyone interested in maybe looking at this trade. Thank you
Hi traders Please see our analysis of Gbp/Usd. We previous analysed this pair and marked on the charts our bearish expectation which we gone into our decision zone and it appears we may now be at the start of a major bullish cycle for cable. Do you agree with the Elliot wave used here? Let me know in the comments below and as always trade safely 1% is...
On the hourly chart, my favorite count has slightly change but with no material difference. My favorite count is that we are in a 3rd wave of C and alternatively in a c of a double zigzag. The first count better with tuesdays gap down open, where 3rd waves generally start with a ripping movement. The only bullish alternative is that yesterday completed a B wave of...
The main resistance zone pressure is started and we prices like 51500 are now strong and important number if reaches, because as you can see our range zone based on this (0.61% of Fibonacci retracement level). If we have a breakout here to the upside then the price can easily continue pumping and reaching previous ATH or even 80K and ... Targets and supports...
NQ1! seems to be completing an ending diagonal / wedge. Declining volume for the past 16 weeks. Potential reversal ahead.
101 Elliott Time & Percentage gain !!!!
Forecast: If momentum is strong this week, target's ~1762 and ~1785 before correction, but if price action develops truncation @ ~1755 and reverses, target's @ ~1714 - 1709ish. About Gold Next Week # A weekly 3-10-minute forecast video on Gold's price action on a weekly basis. I'll follow up with charts throughout the week as price action develops patterns and...
This idea is adjusted for 2020's Time Cycle of ABCDE. I think this would appeals to all schools of analysis weather it happens or no due for many factors !!!
Please see 1st and 2nd wave already played out. I assume we are in the 3d wave which extends at the level $93
GBPUSD: the resistance has been broke. Third wave is continuing.
This is a continuing long trade in BTC that churns through a wave 4. See linked charts for earlier instruction. Once this wave is complete the uppward trend makes is final move toward $25,2000 - $26,000 or so. Tune in for more details.
Upon analysing the chart. I believe that this pair has potential to hit a lower area, to around the 1818 price. Looking at the bigger time frame and seeing it's direction, it gives us a better analysis in the lower time frames to predict what will happen next.
US Dollar Index had rallied through 92.24 levels on Friday and might have terminated lower degree Wave 1. Alternately, it might push through 93.50 to complete. Either way, the indice could be preparing for a corrective drop soon to terminate potential Wave 2 around 92.20/30 levels respectively. Once a classic 5-3 structure is ready, we can expect another 5 wave...
now the triangle is broken and we are on the wave 3 of the impulsive wave I am expecting the market to retest the broken line somewhere in the box that I have marked