The recent surge of Bitcoin is indeed noteworthy, surpassing the $30k threshold. However, upon the fulfillment of its sub wave 5, it appears to be a potential bull trap with a possibility of plummeting to a minimum of $12,622. While we remain optimistic that this scenario will not materialize, we are cautiously monitoring the market to ensure that the winter...
The impulsive wave that began in mid-October is losing steam. My count considers that the current grind to the upside is an ending diagonal for blue wave 5, in green waves I to V. RSI divergence is also showing up. The low 0.06´s are good targets for the pullback, but let´s wait for further price action.
This is an update to our previous analysis below
HINDUNILVR - Elliott Wave Count HINDUNILVR - the market seems to be forming a triangle pattern... Please exercise caution when trading as this information is for educational purposes only. plan your trade accordingly. NSE:HINDUNILVR NSE:HINDUNILVR1! BSE:HINDUNILVR
Hindcopper - Elliott Wave Count Hindcopper appears to have completed the correction. Expecting bullish impulse wave with current low at 135 serving as stop loss. Please exercise caution when trading as this information is for educational purposes only. NSE:HINDCOPPER NSE:HINDCOPPER1! BSE:HINDCOPPER BSE:HIND1!
Tatachem - Elliott Wave Count The market appears to be in a bearish trend, and we can expect wave C to complete between 780 and 680. After that, we can expect an upward rebound. Please exercise caution when trading as this information is for educational purposes only. NSE:TATACHEM NSE:TATACHEM1! BSE:TATACHEM
Divis Lab Elliott Wave Count this is an update to our previous post! Based on the current market situation, it appears that Divis Laboratories is still experiencing the 3rd wave. As a result, we can anticipate a new low within the 3200 range, followed by a rebound. This view is consistent with our previous post, with only minor adjustments to the inside counts...
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.
We reached the extreme boundary of the wave (4) area. The scenarios widely vary depending on whether this level holds or not. We need more data to provide a good forecast.
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((b)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure.
In the higher time frame, we are working on a corrective move down. The primary scenario is now suggesting that this happens as an ABC. The five waves down from the high might also indicate a bearish flat scenario. In the lower time frame, we did not respect the wave ((iv)) area of a potential wave 5 of wave A. Therefore, it looks like we are doing a WXY and the...
In the higher time frame, we are working on a wave ((2)) correction down. The primary scenario is now suggesting that wave ((2)) is unfolding as an ABC. The five waves down from the ATH might also indicate a bearish expanded flat scenario. In the lower time frame, the final wave ((v)) of wave 5 of wave A looks incomplete. We didn't get our move down yet so the...
In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, it looks like the wave Z is unfolding as an ABC structure. We are currently finishing wave B as an expanded flat.
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
In addition to previously posted chart there is another alternative of the same scenario where consolidation wave is much smaller.
There is a large side area extending to 490 days inside the body of a weekly candle that has not been broken yet. If its peak is broken and the top is closed, the market will go to the shaded area above The analysis fails if it closes below the weekly candle Please clarify that I am helping you with my point of view, which may be right or wrong, and see my...
After such wild swings I have somewhat restored my confidence in the count where according to my analysis we are in the midst of correction, hence volatility and uncertainty. Wave x is plotted in 2 scenarios - triangle and expanded flat. I would say that flat is the preferred one based on the sctructure of waves a and b that tempt me to label both of them as...