Elliottwaveprojection
INDUSIND BANK ELLIOTT WAVE ANALYSISThis bank stock analysis is on weekly timeframe for long term value investment , the stock is showing great movement after the 2020 crash has recovered well.As shown in the chart the stock is in wave 3 of cycle degree on weekly timeframe and the wave 3 target is around 3500 in coming years.
APEUSD | Wave Analysis | Bullish Triangle ABCDE ProjectionPrice action and chart pattern trading setup
> A possible upcoming bullish triangle ABCDE wave within 1-2 months
> B-wave retraced 0.786 of A-wave and recent C-wave retraced exactly 0.786 of B-wave.
> Expecting uptrend D-wave at 0.786 of C-wave with an inverted head n shoulders reversal pattern.
> Entry: head n shoulders breakout
> Target: D-wave position +30%+
> Stoploss: right shoulder -10%
> RRR: 3:1
Indicator:
> MACD above signal line just below 0.
> RSI bullish momentum rebounded from MA line
Nothing is 100%, always trade with affordable risk and respect your stoploss
TKN | Wave Analysis | Possible Upcoming Impulse 3-Wave ForecastPrice action and chart pattern trading setup
> Wave pattern: 2-Wave Triangle ABCDE - possible upcoming wave E before rising impulse 3 wave.
> Entry: Support level SMMA50 and SMMA20 @ 0.618 and 0.786 retracement zone
> Target: 3 -wave triangle breakout plus distance of the triangle channel 1.272 extension zone of main 1-wave +15-20%
> Stoploss: Lower triangle support zone -7-8%
> Risk reward ratio: 3:1
Always trade with affordable risk and respect your stoploss
Next Top Is...Minor wave 1 may have finished today, slight chance of it finishing if a new low occurs shortly after the open tomorrow. For now, Minor wave 1 was 3 days. Wave 2 will likely be similar in length. Historical relationships point to a possible top around 4000.
There is not much news until the Fed so we could meander upward for a few days while we wait. I do expect Minor wave 3 to be a very sharp drop in the order of 300+ points over 3-6 days which would be fueled by a larger than expected Fed hike and/or hawkish comments afterward.
Minor wave 1 has been eventful so far, we shall see what happens next.
XAUUSD GOLD Elliott Wave AnlysisThe Gold Commodity has been moving in the Impulse pattern in the weekly timeframe.Now he gold is in the Wave 4 Double three pattern W-X-Y which will complete around 1670 and 1575 usd levels.After the end of his wave 4 correction the gold will move into a big wave 5 impulse target above 2200 usd as shown in the chart levels.
WTI CRUDE OIL ELLIOTT WAVE ANALYSISThe crude oil commodity has been trading in big A-B-C Flat correction for last couple of months which is going to complete very soon.Around the level of 80 usd the oil will start big Impulsive Rally.Previously oil has completed the big impulse as shown in the chart .















