The primary scenario (in green) assumes more upside in a corrective pattern to finish wave (X). The secondary scenario (in red) assumes that wave (X) is in that we further go down in an ABC pattern to finish wave (Y).
Nifty seems to be taking a pullback after being in a nice uptrend since April. But this does not seem like a change in trend just yet, more like a temporary cooling down and I would certainly be waiting for a positive price action which would probably happen sometime next month.
The (first part of the) correction in the NASDAQ might be finished. We expect more upside but we have to be careful. The rally to the upside can fail and result in another corrective leg down.
The corrective structure down might be finished. It looks mature on both the 4h and 1h timeframe. The surprise would be that the 3 waves down are unfolding in 5 waves which would mean an ABC correction instead of a WXY.
The primary scenario (in green) assumes more upside in a corrective pattern. The secondary scenario (in red) calls for another leg down before we have the upside in a corrective pattern.
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nvidia 💪 A couple of months ago Nvidia perfectly retested the lower support trendline of the major monthly rising channel and the next resistance towards the upside is roughly at the $800 level. On the weekly timeframe you...
A look at the DOW & a potential bearish breakout that I have my eyes on. In this video I walk you through the story behind recent price movements and how that lead me to form my opinion on the markets. If you have any questions feel free to leave them below & as always PLEASE show your support by hitting that BOOST BUTTON! Akil
The (first part of the) correction in the NASDAQ might be finished. We expect more upside but we have to be careful. The rally to the upside can fail and result in an another corrective leg down.
The corrective structure down might be finished. It looks mature on both the 4h and 1h timeframe.
The primary scenario (in green) assumes more upside in a corrective pattern. The secondary scenario (in red) calls for another leg down before we have the upside in a corrective pattern.
For the total cryptocurrency market cap, a death cross between the 21-week and 200-week moving averages on a weekly timeframe suggests that the market might be entering a period of extended bearish sentiment. Traders and investors might interpret this as a warning sign that the overall trend is weakening and that further declines could be expected. However, it's...
Multiple time frame analysis for GBPUSD. Important key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Daily bias - Inside day + Hammer Hourly Tf - Resistance level
We are in the wave Y area. From here we can expect upside again but we see it as the 'last' chance.
The corrective structure down might be finished. It looks mature on both the 4h and 1h timeframe.
Daily/4h time frames analysis on Gold. Price action. Key levels. Potentials scenarios. Trading plan. ❤️Please, support my work with like, thank you!❤️
Bitcoin and SPY in a 3 waves down move. We will see if it can get a reversal here but expecting more to come to get us 5 waves into 21500-25k area for bitcoin. Not sure on my micro count. could be a sub wave 3 of 3 at this point. Refer to previous video for macro outlooks and haven't changed opinion. Not financial advice.
Here in this video we have discussed current trend of Nifty, bank Nifty and Finnifty and tried to identify some important support and resistance levels.