After some fluctuation, the continuation of the downward trend is expected to form and the support range will be broken. Then it can advance to the next support range. If the stabilization is formed above the current support range, the upward trend will be possible according to the specified path
It is expected that the downward trend will change in the support range and we will see the beginning of the upward trend. By crossing the support range, it is possible to continue the downward trend up to the 100% level.
It is expected that a trend change will be formed in the current support range and the beginning of an upward trend will be formed up to the specified resistance levels. Otherwise, it will be possible to continue the downward trend up to the level of 78.6%
The price has hit an important supply. It seems to drop towards the targets indicated on the chart to complete the timing of the d wave from our hypothesized diametric. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some...
From where we placed the green arrow on the chart, it seems that the ONT symbol has formed a diametric. It is now in the last wave of this pattern (wave G). From the red range, it can be rejected downwards. We are looking for sell/short positions in the supply range. The targets are clear on the chart. Closing a 4-hour candle above the invalidation level will...
It is expected that the corrective trend will be formed in the support range, and after the completion of the corrective pattern, the continuation of the upward trend is likely. As long as the price is above the red support zone, the continuation of the upward trend is likely
After some correction, it is expected to continue the downward trend. According to the behavior of the price at the support levels and the support trend line, the continuation of the movement trend will be according to the specified paths. If the price does not cross the support range, it will be a warning for the continuation of the upward trend and the formation...
If the price enters the support range, the continuation of the correction process will be formed, and it is expected that an erosion and time-consuming correction pattern will be formed. Otherwise, an upward trend is expected to form up to resistance levels
It is expected that the current bullish wave will end at the resistance levels and then a corrective trend will be formed. The price above the trend line is then expected to provide consolidation support. Ignoring all corrections, the price has entered a long-term uptrend
It is expected that a trend change will be formed in the resistance range and we will see a corrective trend. By passing from the resistance range to the Fibonacci levels and the resistance trend line, the continuation of the upward trend can be formed
It is expected that the current corrective trend will not be able to break through the support range. Otherwise, by crossing the support range, the beginning of the medium-term downward trend will be possible. It is expected that after some fluctuations we will see the beginning of an upward trend
It is expected that the upward trend will end in the current resistance range and we will see the beginning of the corrective trend. If the price crosses the support range, the correction process will continue
It is expected that a trend change will take place in the current support range and we will witness the beginning of an upward trend. Then, according to the behavior of the price in the resistance range, the continuation of the movement process will be determined. If the price crosses the support range, it will fall to the Fibonacci levels
The continuation of the upward trend is expected to form until the specified resistance range. Then, according to the behavior of the price in this range, there will be a possibility of changing the trend. By crossing the resistance range, it will be possible to continue the upward trend until the next resistance range
Elliott Wave Analysis of HCLTECH In this analysis, we will examine the Elliott Wave count of HCL Technologies Limited (HCLTECH) and provide insights into the current wave structure on various time frames. This is purely for educational purposes and should not be taken as investment advice. Monthly Time Frame: Bigger Wave I and II: HCLTECH has completed its...
On the HOT chart, we have 3 big ABC waves. The time of wave A is about 416 days, the time of wave B is about 550 days. It is expected that the time of C wave will last about 400-500 days. It should be stated that HOT is very interested in triangle patterns. Wave A was a contraction triangle. Wave B was an expansion triangle. Now wave C seems to have 3 waves....
It is expected that this currency pair will start to fall after a little growth until it reaches the set limits