De nora is placed on fifth wave we can see 1900/2300 and 2900 levels in this counter keep stop loss of 1400 on day close basis
What Is the Cypher Chart Pattern? The Cypher is a type of harmonic pattern used by traders to identify potential buying and selling opportunities in the markets. Specifically, it’s used to help find areas where a reversal may occur. The pattern is made up of five swing points (X, A, B, C, D) and four legs (XA, AB, BC, CD). It’s characterised by an “M” shape when...
Expecting a five wave move. the stock can move towards 3770. then may pause and test 3250-3350 zone, and then the last wave can take to 4037-4450 levels All this is expected before March'24. so lets watch it closely
This is the main case currently. Wave C has finished with truncated wave 5. Currently at the final stage of wave 1 of 5. Bullish bias but no clear trade entry yet. Any longs has to have SL: 2305
TSLA is not out of the woods yet. The weekly chart shows that the RSI of the Jan 2023 low needs to be taken out with one more low to complete the large WXY structure... at least down to the 110 (?) area. The strong bounce over the past couple of days is a relief bounce to correct the Dec 2023 down cycle. The bounce may reach 0.5 retracement of that cycle,...
📉Hi Traders, Investors and Speculators of Charts📈 Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal: Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The broader context suggests that gold has likely completed the iv-blue wave, and the v-blue wave is now unfolding to continue pushing higher. The short-term outlook describes in detail the iv-blue wave, which unfolded in the form of a Flat correction and appears to have concluded. Now is the time for...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfolding to push prices higher. We are closely monitoring NAB, and...
From my opinion and my analysis, I think now bitcoin is in the corrective wave of wave 2 in term of strong B and I think bitcoin is going to make Irregular Failure Flat or Running Flat for make the 3rd very extionsion wave. WHY I think it would be Irregular Failure Flat or Running Flat, from CCI indicator it happened Hidden Bullish Divergence so it mean the wave...
This scenario assumes that wave C primary degree not yet finished and we're just starting wave 5 of C. This is my main scenario and I'm holding shorts with SL: 2348 and TP: 2280.
This scenario assumes wave C primary degree have finished and we're going higher for wave 5 primary degree.
Showing what should be a clear 5 wave move coming in to the downside here. (pink pen) The yellow pen is what would be expected if we get a slightly higher retracement or if the market is going up now long term. I think we can all agree Its good to manage risk properly and have clear ideas on both sides of the market you're trading (buy and sell) and not have a...
Wave 2 of 5 to the downside is complete. Price has broken below corrective channel. Signal bar is an hourly doji and the breakout below the bar gives me the entry to the downside. SL is 2348 TP is 2280 TP may not be reached, I'll be monitoring development of the trade and close accordingly. At around 2280, I'm planning to go long.
As per patterns and wave counts ... IEX is sure to give breakout !!!
FX:EURJPY is in an uptrend phase. Regarding what is happening on the chart, we can assume that the bullish trend will continue in the medium term. The market is redeeming the strong drop that happened at the end of 2023 on the fundamental background in a few months. The Japanese Yen is weakening strongly on the back of weak regulation by the Central Bank of...
In a perfect world we make our way higher here to complete a larger correction, before running lower for quite some time/price
My count has wave 5 of 5 of primary wave 3 complete, primary wave 4 projected to complete towards October 2022 low of 10484.75. I'm looking at 11806.25 to be support for primary wave 4. Area in orange ellipse ends of being an expanding leading diagonal 1 of 5 of 3.