Seems to be in wave 3 of 5 to complete at 124 end of 2022, start of 2023 When 5 is reached, all markets (stock/crypto) should reverse and become bullish
Price action and chart pattern trading setup > A possible uptrend 4 wave with expanding triangle pattern ABCDE > Target take profit zone at 4.4-wave @ 0.382 - 0.5 retracement zone of previous wave 4.2-wave > The final downtrend 5 wave zone could be projected at 0.5 - 0.618 retracement zone between the recent lowest zone and original major 2-wave - dump & pump...
-Nifty gave further confirmation of wave C after my last post & now heading to cross 17255 zone which is also 100% level -As discussed in last post wave C generally retraces to 100% - 130% in most of the cases -markets can fall further too after crossing 100% - 130% zone but 17161 is strong support from where wave 4 was started -safe players can exit theirs...
Price action and chart pattern trading > Falling wave channel pattern, possible downtrend 3-wave ending diagonal pattern > Target doubled top zone previous wave 1 - 2 as price rejection is expected, followed by tight candlestick consolidation. > Entry @ downtrend channel breakout from the consolidation, MACD and RSI bullish signal > there are other strategies you...
Price action and chart pattern trading: > Falling wedge correction wave with strong breakout uptrend if you didn't catch the first uptrend, here is the setup for buying the dip. > status MACD dead-crossing the signal line, possible correction is coming. > 1st Entry @ strong POC support near 6 baht or SMMA25 zone > 2nd Entry @ falling wedge retest zone about 0.618...
As per Elliott wave analysis Crude Oil WTI Futures is in 4th wave, expect it to reverse and go down to $87 area marked in red circle.
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%...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck. Now don't mess it up please.
Looks like bitcoin has finished a double zigzag and correction could be over. Its overbought on weekly rsi and so far there is bullish divergence on Daily timeframe. 22.4 is key area so lets see if we Can break above that.
-As discussed yesterday Nifty confirmed wave 3 & today itself it gave retracement of wave 4 -From now on nifty at the time of closing Nifty gave very small bounce from 17779 which is where 38% level is -We can assume that wave 4 is completed here & from tomorrow we are heading towards wave 5 -Target of wave 5 is 17919 also because our wave 3 was extended & wave 5...
Adani Wilmar wave analysis: Adani wilmar is doing well in terms of waves. So far we have done wave 1, wave 2 also looks completed. Now we are in a non-convincing up move but it looks like adani wilmar is making space for upward move. Investor can invest on advice of their financial advisor. This chart is not a trading/investing advice. Please ask your experts for...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
My forecast on DXY is now complete. Please see link below for original idea If you like my ideas, please leave a like or comment below for more updates.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.