Hello my friends,
It's been long since my last post.
I was waiting for a really good setup to come to me and finally have one.
GBPAUD currently at trend line and MA-200 support right now.
Using Elliott wave principles, we might be seeing this pair reverse to the upside as long as it hold above 1.8250.
In my opinion we're at the rnd of wave-4 and will start...
Lossless bullish scenario:
As usual, BTC has to accompany the bull side of the market
Supposed a finished wave 2, we are unfolding the wave (iii) of 3
1.618 fibonacci of wave (i) is at 3.272 for the end of wave (iii)
After the correction at wave (iv) we still have a long run to the upper side with a non-clear top end... (but could be pretty high)
Hello and a warm welcome to this analysis on Nifty
In lower time frame Nifty appears to be in sub wave 4 which might complete between 18200-18300 and then resume another rally.
A confirmation of sub wave 4 done would be it sustaining above 18500 for an hour.
Its advisable to use the up coming resistance around the upper trend line to book profits in the coming...
●● 𝘾𝙖𝙧𝙙𝙖𝙣𝙤 (#𝘼𝘿𝘼𝙐𝙎𝘿) — 𝙀𝙒𝘼
● ADAUSDT (BINANCE): 🕐1D
The rocketing five-wave advance forms a nearly perfect impulse , in which the fifth wave is expected to rise.
Extension by the third wave, alternating waves 2-4 , touching by the top of wave 4 to channels 1-2-3 — all this is a harbinger of growth by wave 5 ,...
Nifty still in uptrend....no need to panic for today gap down as it will be a good buying opportunity.....go long on every dip.....17850 with the stop loss of Friday low...!!!!
Have a great day.....
Short-term Elliott wave view in Dow Futures ( YM) suggests that the decline from the August 16 high is unfolding as Elliott wave double three structure in a bigger wave ((4)) pullback. Down from there, the decline to $33628 low ended wave (W) in a lesser degree double three structure. Up from there, the wave (X) bounce unfolded as a zigzag structure where wave A...
This is Gold Elliott Wave projection in 60 minutes timeframe.
Gold is running Flat correction (3-3-5) now.
Wave c often equal wave a or 1.618-2.618 wave a.
If abc correction is elongated flat, wave c ~ 3 wave a.
Check out previous analysis
This's an unique Gold Elliott waves forcast for day trading in 60 minutes timeframe.
Gold (XAUUSD) is running wave (iv), i'd like to see it complete 5 Elliott waves in US session.
My last previous idea
This is my idea and plan.
You also need yours and manage risk strictly.
BTCUSD is running a Elongated Flat correction in 15 mins timeframe .
Wave v could not beyond iii (trunction)
Hope you all are enjoying Ideas and analysis.
Keep in touch we will update further soon.
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I am expecting further upside in this pair.
Price currently retracing to complete wave-4.
Notice that wave-1 and wave-3 are almost same length.
Usually when the length of wave-1 and wave-3 is the same size, wave-5 gonna be the longest wave and it will have 1 : 1 : 1.618 comparison.
Buy EURGBP 0.8558
Stop loss 0.8530
Take profit 0.8638 (2.8R)
Use only 1-2%...
Today we saw a fierce selloff in NZDUSD because of covid case in Aucland.
In my opinion this sell off could be an opportunity to enter short as RBNZ might start tapering soon.
This trade ideas offer 8.6R trade opportunity. Price now struggling at 61.8 fibonacci retracement of wave-3 which means we might see wave-4 end soon and we got another push to the...
According to Elliott Wave Theory, Silver (XAG/USD) might have completed its Wave 2 retracement.
Here we can break down its recent descent since the beginning of February 2021 into visible Leading & Ending Diagonals.
One concern is that thus far, it has only retraced to 0.382 Fibonacci Retracement.
It could definitely go down further for corrective combinations...