The power index is all set to move towards the INR 7000 mark in the new wave v of (iii) of III.
The index has been in a strong uptrend since Feb 2023 and the trend only got stronger in OCT 2023.
The new wave is expected to touch 6968 levels soon.
6164 remains a crucial support for the index going forward.
This analysis reflects my perspective on NYSE:PLTR through the lens of Elliott Wave theory. I acknowledge the potential for error and welcome any feedback or alternative viewpoints.
After thorough analysis, it seems that NYSE:PLTR has concluded its impulsive phase and is now set for a significant downward movement. Currently navigating through sub wave C of...
BTC has remained impulsive since early 2023 and with OMH, we should complete our first subdivision, of a long term wave 3 that will last years according to my long term forecasts. Currently we find ourselves in our wave 4 consolidation which I am forecasting once complete and price breaches $49,023, could see prices top in the area north of $51,175.
Afterwhich,...
The stock is currently falling in Wave "B" and is expected to complete the wave close to the INR 6600 mark.
A small bump up from current level is possible towards INR7250 but INR 7400 will continue to be a major resistance for the stock.
Upon the completion of the bump-up the fall should again resume and the price should proceed towards the projected target zone.
Crude oil made only three waves up over the last few weeks, which indicates for an A-B-C correction within downtrend. It actually retraced into golden 61,8% Fibo. and 80.00 area from where market turned down and now pointing lower, possibly back to the 2023 lows if the channel is broken. So, energy can see more weakness as latest latest 4h structure looks bearish...
PAYTM is currently falling in Bearish "C" wave and the target for the same is projected around INR225-240 zone.
The fall after its listing was an bearish impulse labeled as "A" and the entire 2022-2023 move can be labelled as a counter trend bounce labelled as "B".
We can witness another 50% drop from current levels with or without any counter trend bounces on...
Price action Breakdown Analysis:
It is the EURUSD monthly timeframe, and it shows a downtrend for more than 15 years. The price has settled in a downward value area.
Elements of price action Breakdown:
Excess:
There are nine price excesses, four on the upper band and five on the lower band. It shows that the sellers were too aggressive when the...
Elliot wave analysis indicates that NYSE:UBER is currently in wave 3, Following a rebound from the 0.764 extension, it becomes evident that Uber is poised to advance towards the 1.618 extension, with the potential for further extension beyond, considering the substantial duration of the initial wave.
B FAILURE RUNING FLAT : ELLIOTT WAVE ANALYSIS
RUNNING FLAT :
• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double...
EXPANDED FLAT CORRECTION
2- EXPANDING FLAT :
• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
•...
Cable has seen some nice recovery at the end of 2023; move that is looking impulsive so more gains can be seen after the corrective retracement that is now underway. Ideally, that's wave four correction, a higher degree pullback that can sooner or later send prices back to the highs, possibly already now after first support for a triangle near 1.26 held, but we...
The crypto after having witnessed a 77% crash between Nov.2021 and Nov 2022.,started on its recovery path.
The structure i can best label the crypto would be a 1-2-i-ii at this moment from the 2022 bottom(a pessimist analyst will label it as ABC) .
From here on the journey according me is only towards new highs. Wave iii of 3 comes at roughly the previous ATH and...
The CAC40 has begun its up journey in what is being labeled currently as wave iii of WAVE 3.
This particular sub-dividing leg is projected moving towards EUR8100-8150 zone.
The final projected target zone for the bigger wave 3 however comes in at a much higher level of EUR 8750.
This analysis reflects my perspective on NYSE:W through the lens of Elliott Wave theory. I acknowledge the potential for error and welcome any feedback or alternative viewpoints.
Based on my analysis, it appears that NYSE:W has completed its corrective phase and is now poised for a robust bullish trajectory, forming a leading diagonal pattern. Both wave 4 and...
This analysis reflects my perspective on NYSE:DAL through the lens of Elliott Wave theory. I acknowledge the potential for error and welcome any feedback or alternative viewpoints.
Please note that the unfulfilled waves are provided for contextual reference and do not indicate precise targets. Based on my assessment, it appears that NYSE:DAL is currently in...
Main analysis on #DowJones US30 is this. We hit a ST top soon around 38,500-39,000.
Then we retest the 2021 high breakout before running straight parabolic all gas no breaks bears slaughtered all the way up to 44,150.
Then major 4th can hit. So Just be warned now. Once 36,400 flips into support there will be 0 rest for bears. It will be explosive and relentless....
In my Elliott Wave analysis of BABA, I've observed a corrective pattern since its inception, with the peak occurring during the 2020 bull market. The correction seemed to have ended when BABA hit bottom in 2022. Following this, it appeared to start a new upward wave (wave 1), followed by a corrective phase (wave 2), which now seems to be complete. It's important...
Based on my Elliot Wave analysis of NYSE:BABA , it appears that the stock has been following a corrective pattern since its inception, with the peak occurring during the 2020 bull run. Since then, it has been in wave B, currently progressing into subwave C of wave B. The trend is strongly bearish, indicating a downtrend.
I anticipate wave B to conclude around...
![DEEPAKFERT: B FAILURE RUNING FLAT : ELLIOTT WAVE ANALYSIS [ELLIOTT BABA]](https://s3.tradingview.com/g/gHqx2Vgo_mid.png "B FAILURE RUNING FLAT : ELLIOTT WAVE ANALYSIS [ELLIOTT BABA]")
