We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. This results in two possibilities: we are now working on a wave ((3)) or we are close to finishing a wave ((1)).
Since my last call for a "long then short", I believed the opportunity to short SPX is here in the sense that the risk-reward is now too favourable on the short side.
Here the the overall market projection on Gold (XAUUSD) for next week. It is a clear analysis and projection of the probable direction of Gold. PRIMARY PROJECTION: Consider buying either strait after reversal from the current price level followed by break and retest of the resistance indicated in four hour timeframe. ALTERNATIVE PROJECTION: Consider buying...
We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. This results in two possibilities: we are now working on a wave ((3)) or we are close to finishing a wave ((1)).
We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. This results in two possibilities: we are now working on a wave ((3)) or we are close to finishing a wave ((1)).
We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. This results in two possibilities: we are now working on a wave ((3)) or we are close to finishing a wave ((1)).
Hey guys, Crude oil came down recently, which can help inflation to come down as well if energy market will continue to decline. In fact I see nice bearish pattern, so my assumption is that US yeilds and USD can be trading at resistance. In this video I will also look at the chart of the 10 year US yeilds where I see greater chance for a drop to 3% rather than...
Decoding the US Dollar Index: Navigating Wave (V) with Thrills Since the economic tumult of 2008, the US Dollar Index DXY (USDX) has been on a captivating journey, tracing significant waves on its chart. As of now, it stands on the precipice of unfolding the final leg of this larger movement, marked as the thrilling wave (V) on the weekly chart. Weekly Chart...
Nifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA Nifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA This prediction is for the Nifty Index and it's based on a technical analysis of the market. I'll also be providing an option trading setup for beginners so that...
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 • Wave B of the 3-3-5 pattern terminates beyond the starting level of wave A • Wave C ends...
Wa have marked the alternate count of nifty which is showing the hidden impulse . which may last till 22700 mark .
We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. This results in two possibilities: we are now working on a wave ((3)) or we are close to finishing a wave ((1)).
We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.