Nifty | Nifty50 idea Key levels based on XD-Band11 Indicators
interesting wave formation on Raymond chart which is showing an upward slanting wave 4 which could have been done for the next impulse to start
Please, check our technical outlook for AUDCHF. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.584. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
In my opinion, Gold is now in its 5th wave. Within this 5th wave, there are 5 waves and current in its 5th wave as well. Gold is going to reverse into temporary correction and should correct until 2305. Afterward, it will rebound to at least 2430 and close May in slightly green candle. Then Gold will engage several months of correction toward 2135.8. From...
Take a look at our analysis for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 17330.1. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 16972.3...
Here is our detailed technical review for EURCHF. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.968. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.975 level soon. P.S The term oversold refers to a...
Hello,Friends! The BB lower band is nearby so GBP-USD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1.241. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.063 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! Bearish trend on BITCOIN, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 59200. ✅LIKE AND COMMENT MY IDEAS✅
Taking Elliot Wave Theory as a foundation and applying a fractal growth to waves as they complete a full "impulsive wave" and its "corrective wave" ...i consider that a complete wave fractal and we will either grow exponentially or, in this case would have already put in a reversal to the down-side well below these current level (which broke the recent...
CRYPTOCAP:BTC VIP Analysis APRIL 20, 2024 - BIAS: Mid-Term: BEARISH Short-Term: BULLISH -- On a daily timeframe level the price action of CRYPTOCAP:BTC after taking out the Sell Side liquidity level has bounced back from its 89 EMA level. A lower high leg up a level we can see and the price action is trying to flip out - MAIN INTEREST LEVELS ⬇️SHORT⬇️...
The Euro/Dollar (EUR/USD) pair is currently at the level of 1.0600, having recovered from the start of its decline. Spurred by news reports about the escalating conflict in the Middle East, which boosted the value of the US Dollar (USD), which led to the decline in EUR/USD.
Expecting a continuation higher eventually here, but first we need to finish this ABC corrective wave to the down-side. Then we should see steady growth until the waves are complete and this would create a "fractal shift" that would be going well over ATHs...typical twice as much as the previous lows (where price is plotted to go in this idea)
The market moves in waves, pretty simple. ➖ Up and down. From July through October 2023 we had a major bullish wave followed by a distribution phase. From November through late December 2023 we had a correction. ➖ Up and down... We are now set to see a bullish wave based on how the market cycles through positive and negative, red and green, bearish and...
This chart shows that the tesla will find the next support at around $65. After an impulsive wave, the price is heading towards to complete its next wave (c). RSI is at low level where macd is in negative territory.
A yearly fractal completing here and really shows the "fractal growth" that I've developed this specific way of counting waves, with EW as a foundation as far as wave structures and counts for a complete "impulse and correction"
Most waves i plot (all valid waves with strict rules) are indicating we're still down from here, but should we start to move higher right now it should look something like this