Price action and chart pattern trading > Elliott Wave projection possible the end of Intermediate 4-wave downtrend > Complex inverted head & shoulders formation ABC uptrend correction > Bullish divergence in previous 5-wave downtrend confirmation > Entry @ neckline breakout - RSI downtrend breakout > Target @ C-wave uptrend 1.618 extension of A-wave near volume...
'C' Wave started violently from 24th Jan'23 .it formed as 3 wave pattern An open statement of short position and news may panic investors to offload nifty constituents it is easy to find out targets for c3,c4,c5 and tgt time also
5th wave to the downside after the triangle completes. 4th waves can be triangle. I project to the downside with 100% of wave 1.
EUR/USD My setup. Corrective wave plan 2. Check plan 1 for alternative plan. Follow for more.
EUR/USD My setup. Corrective wave plan 1. Plan 2 is next. Go check and follow for more.
Price action and chart pattern trading: > The current price crossover above EMA200 with squeezed symmetrical triangle pattern. > A possible ABC 1-wave uptrend breakout with potentially +20 - 30% upside > Entry@EMA200 zone > Target 1 @ 0.786 - 1.0 fibonanci extension level +20% upside > Stoploss @ right shoulder pattern wave b position -8% Always trade with...
Price action and chart pattern trading > Elliott wave downtrend falling wedge breakout > Inverse head & shoulders reversal pattern with breakout > Entry @ pullback B-wave retraced near neckline zone > Target @ 0.386 retracement of (A) wave - volume profile point of control zone > Stoploss @ the lowest head position -10% downside > Risk reward ratio: 2:1 Always...
NVDA trend has been strong. It's not losing steam, and the retest is always happening on 10DMA. Let's see how much steam this stock will have. Could be a B wave of Elliot wave theory also, looking at the beginning of the cycle early January.
BTC completing 4th wave going test 20900 21200 then 2700 BTC running 4th wave forming falling wedge consolidation breakout here will lead to 27k 31K
Based on the analysis above, the market is currently almost at the end of the final subwave of the fourth wave. The wave 4 contains three corrective waves (ABC) with subwaves formantion of 5-3-5 waves. As of now, expect the completion of the subwave 4 of the entire correction and its supposed to contain 3 corrective subwaves (ABC waves). After the bullish...
Currently, Wave 2 is almost coming to a completion and it conatains three waves (ABC corrective wave) but by the look of the whole structure, it happens it be a flat correction. Wave C which carries 5 waves (12345 waves) is at its last wave also which is the fifth final wave. WIll be looking for buying opportunities when is see some rejections off the end of the...
Price action and chart pattern trading: Elliott Wave 5 wave projection > Ascending channel global pattern with i - iv wave ending diagonal formation : ii wave retraced 0.786 of i wave, iii wave ABC diagonal extended 1.242 of i wave with a bull outlook of further rising. > 4-wave could retrace below the current local rising triangle wave as a temp bear outlook. >...
Price action and chart pattern trading setup > The previous minor 3 wave extended 2.618 of 1-wave with small head & shoulders formation. > Potentially, minor 4-wave correction scenario at 0.5 fibonanci retracement of minor 3 wave impulse > possible retesting SMA50 dynamic support at SMA50 X SMA200 level zone. > Wait for reversal pattern in smaller timeframe TF4H /...
Hi everyone! The main trend on DAX is bullish so if you think about a short trade, it is not possible to anticipate the market/signal so it could be interesting to wait for a first bearish leg development on intraday chart and try to take a short position using the potential technical rebound (wave B) with stop loss above wave A (Top): If there is no...
Looks like we have topped out in NZDUSD , If am i right then it should touch my entry zone then a free fall towards downside
Hi everyone, We saw the reaction off the completed WXY highlighted last week (linked idea below) play out perfectly and the larger three wave corrective structure now also looks complete above the 1860 level. My plan is to target the price inefficiency highlighted in the red boxes whilst monitoring how the forthcoming wave structure develops. Expecting initial...
The USDCHF currency pair has been under observation and analysis in recent times, and based on the current market conditions, it is likely to be in a corrective phase. After the correction, it is expected that the USDCHF currency pair will enter into an impulsive phase. I expect the currency pair to drop to the 0.92000 - 0.91500 price zone. At this level, it is...
Hello and welcome to this analysis The stock has been in a decline since Sept 2021, all bounces have so far been sluggish as it continues to make a lower high lower low pattern. It was removed from Nifty Next 50 hence the recent exit pressure from Index based funds In the immediate short term due to a heavily oversold scenario a dead cat bounce appears to be in...