In this article, I want to bring attention to the failure break on Apple yesterday. It's true, good news occurs in an uptrend, but should be careful when good news pushes sentiment to extremes. Must be an over-crowded reaction after the new product announcements. As you know the big announcement was the debut of the Apple Vision Pro. However, maybe there was a...
Gold has had a fantastic bull run since December 2015, however this trend may be due for a reversal ahead. The Green wave 5 seems to have completed, so an entry on a short position can be taken at the current price of 1960.39 Further size can be added to the short if the price reaches 2068.32 as this could be the final push upwards before the reversal. The...
The rally in Render appears to be reaching its conclusion. Over the past few months, Render has been an intriguing trading token, outperforming BTC by surging from 0.9 to its monthly resistance level of 2.93 (Bybit). Based on my wave count analysis, it seems that we are approaching the end of the rally at this resistance point. I observe a potential ending...
Here you can see the possible start of Elliot's 5th Wave (The Green). The end of wave 4 is also matched with Bollinger's Lower Band and Top of Ichimoku cloud. It's A price where a lot of indicators and stuff may give the same signal. Here is the bigger picture wave counting: It is all just a technical analysis and a new ATH for gold is a huge deal which should...
This analysis is on BNBUSDT however, it relates to the market as a whole as all major crypto coins usually trend in the same direction. This (A)(B)(C) Elliott Wave pattern indicates weakness from the bulls. Wave (C) formed an "ending wave diagonal" where wave 3 is shorter than 1 and 5 is shorted than 3. This usually indicates exhaustion from the bulls and a...
Hello Friends, Today I am sharing my view on Aditya Birla Fashion And Retail Limited. ABFRL is now ready for new long positions as per Elliot Wave structure. It is suppose to complete WAVE ABC as Expanded Flat Correction which usually comes in 3-3-5 waves. Now price is in 5th wave of corrective wave ABC which any time get reversal from downtrend to...
Here we have a longer term trade for BNBUSDT shown on the daily chart. The Elliott Wave pattern shown in the image is an "ABC" pattern. Blue wave (A) moves upwards and consists of 3 waves: A,B, and C (in yellow). Blue wave (B) moves downwards and consists of 3 waves: A,B, and C (in yellow). In accordance with the theory, wave C in an ABC must end with 5 waves,...
This is Elliott Wave Analysis that shows a potential long trade opportunity. If Bitcoin breaks down sharply, do not take this trade, as the price will likely drop much further than shown in the image. If the parallel trend channel holds, this could be a good trade. If you do take this, be ready to cut the trade if the market drops further than expected. It is...
My AGIX USD Elliot Wave counts, I hope it will be helpful
1W Chart showing long term projections Wave (iii) of (C) Wave (3) of 3
West Australian based engineering firm designing and constructing mine processing facilities for some of Australia's biggest mining companie s. Huge growth potential shown in the 1W chart. ST from here we should rely on support around the 1.60 area. I think we should swing somewhere in the region of 2.00 which is the 0.382 retracement of wave a-c
HELLO FRIENDS, Today I am sharing the possible ELLIOT WAVE counts of BHARTI AIRTEL on monthly, weekly and daily time frames. Bharti Airtel is in wave (5th) of 3rd wave of bigger impulse wave 12345. Generally as per ELLIOT WAVE guidelines, bigger wave 3 may go up-to 1.618 of fib levels which is around 1060 on spot chart and also shown in the charts given...
EURJPY is expected to fall after the completion and breakdown of the diagonal triangle
currently, CHZ is still in a prolonged correction and is still missing a wave to complete it's correction. one more drop IMO. overall all count is still bullish, still a strong uptrend based on HTF. wave 1,2 and 3 is already complete IMO.
Hello Traders! As you can see from the price action, XAUUSD is in sell mode as of now. Currently we are in 5 wave impulse down with a target of 1971.
Uh oh, the first target is about to be destroyed soon. The next targets are 36k and 45k, which will be tracked using our real-time wave counting tool, allowing us to quickly assess market conditions.
Analysis based on Elliot wave theory. price move within a downward channel. the projection is to sell the 5 wave of Elliot wave count.
I Want to point out a few things about the last bitcoin's possible reversal point: 1- We had the highest volume on daily candle since 2023 with a bullish pin bar 2- The price rejection is from the previous cycle ATH around 19700$ which makes it an important level (Maybe the strongest support till 16000$) and also near the bottom of the ichimoku cloud Now, IF we...