RAIN INDUSTRIES - Confluence of harmonics and waves. 168.60 seems to a target at point D. Keep SL as Point B CENTURY PLY - Bearish harmonic bat. One can go long with a SL of today's low. Target = 643.85 GMDC - Smoothed Rounding bottom formation One can go long with a SL of 50 ema.
XAUUSD GOLD monitor slow slowwww. sell only for last leg correction.
EUR/USD - Technical Analysis Chart Update Pattern in Long Time Frame ( LTL ) - Bearish Chanel it Rejected from the Lower Trend Line ( LTL ) and Started Following Bullish Trend According to Elliot wave its '' 4 '' wave will completed at Demand Zone or Fibonacci Level - 61.80 % We have Divergence as well in Shorter Time Frame
Every rise (if you look at the last five attempts) has always ended with a fall ⠀ Notice how in waves 1, 3, 5 the market managed to move the market higher, then after the end of the 5th wave, every surge upwards looks like a correction of the downward movement, which is controlled by the bears Trade Guide sell @ 0.8524 stop loss @ 0.8544 TP 1 @ 0.8402 TP...
Are we looking forward ahead for Big targets! NSE:CNXAUTO NSE:EICHERMOT Targets!
Just an idea, speculation. This could indicate another push down but the macd is still strong and it is above 50 so this can very much be wrong.
Wave A of ABC corrective wave is now forming in the shape of ABCDE Triangle and it will end around 21900, before it starts to raise back again to 23700 forming B wave, and then it will sink down with wave C to 21000
Price action and chart pattern long term trading setup - catching the impulse 3rd wave extension. > ABCDE Wave ascending triangle correction during 2nd wave is one of the most powerful that generates maximum profit for traders > Possible making the final E wave before breakout > Watch out for dump & pump on the way as prolongation of the E wave. Target estimated...
Following on from my previous ideas and to provide an update, whilst most people may be looking at the upwards channel being broken, I am still looking at this as a correction on the 3rd wave and is currently in a bull flag shape. I have just accumulated another position to add to my holdings.
BTC in big impulsive waves to the up side it start before covid drop and after covid we pushed up in big wave 3 and it finished now we in wave 4 correction and it took the shappe off expanded flat correction the expanded flat made from 3-3-5 we finishd the first 3 wave from 65k to 30k then we finished the next 3 waves from 30k to 69k and now we in 5 waves...
This chart assumes we're in Primary Wave A of Cycle Wave 4. First scenario is a 5-3-5 sequence Zigzag. Wave C may be extended out to any length. Second scenario is an ABCD harmonic. If this plays out, you can actually draw an XA leg (X placed at the June 8th-9th pivot) to form a Bearish Gartley. Regardless, short entry near the 38.2% retracement is worth...
I believe the French 40 is still in a sub wave 4 correction, it should retrace more, before making a final correction down to 61.8 extension. It should then head back up to make its final wave 5!
This is my personal analysis and anticipated trajectory of the Pepsi Co stock.
Price action and chart pattern trading > Wave projection double zigzag correction ABC with downtrend channel breakout and EMA5 crossover SMA50 above neckline > Inverted head and shoulders breakout, possible wave 1 > Target @ previous A-wave +50% upside > Stoploss @ right shoulder -15-20% downside > RRR 3:1 Always trade with affordable risk and respect your stoploss
EUR/GBP Technical Analysis Chart Update Time Frame - H1 According to Pattern in LTF - Bullish Channel it has Breakout and completed the Retest now it will follow Sell TREND According to STF patterns it will complete its Bearish Channel and 4th wave at upper Trend Line AT 78.60% Fibonacci Level
Good morning traders, please see my previous analysis of the wyckoff accumulation (linked to this idea at the bottom). I have now cleaned up my chart as it was starting to get a little bit too busy. I have measured the fibonacci extension levels and drawn these on but removed the extensions tool and added in my predictions for price movements. I am expecting...
Following on from my previous ideas, the wyckoff accumulation has entered the final phase. As shown on the chart I have indicated my predictions of the next movements using elliot waves (including 3 different degrees of waves). The primary wave 1 (Red numbers) I am expecting to finish at around 27500-28000. This will then have a correction to around the previous...
in short term we expect such behavior from ATN but after that we can have complex correction or 50% price reduction check out our next chart to see long term scenario