Srikanth_Haritsya

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Joined Bangalore
Trading is an "Art", it takes practice and persistence...
Markets Allocation
89 % forex 11 % commodities
Top Mentioned Symbols
EURUSD 33% | 3 AUDUSD 22% | 2 HG1! 11% | 1 USDINR 11% | 1
Srikanth_Haritsya Srikanth_Haritsya USDINR, D,
USDINR: USDINR Short
49 0 2
USDINR, D
USDINR Short

Pattern appears to be corrective preceding a full-length impulse structure, hence marking an ABC pattern waiting for completion of Wave C

Srikanth_Haritsya Srikanth_Haritsya HG1!, 240, Long ,
HG1!: Copper to make new highs?
55 0 4
HG1!, 240 Long
Copper to make new highs?

The current structure hints a conclusion of a wave C downtrend to a prior impulse ended @ 2.2770 marking a wave 5. A new impulse substructure has broken the wave iv on C indicative of an uptrend onset. however, if any failure the impulse fails to swing an uptrend wave C ending should serve as a protective stop as well as a new entry point.

Srikanth_Haritsya Srikanth_Haritsya NZDUSD, 240, Long ,
NZDUSD: NZDUSD Long
53 1 1
NZDUSD, 240 Long
NZDUSD Long

Expecting a wave 3 upside, entry once the B levels are broken. if the market swings any other way we would be looking for a bear trend continuation.

Srikanth_Haritsya Srikanth_Haritsya USDCAD, 60,
USDCAD: USDCAD BUY
42 0 6
USDCAD, 60
USDCAD BUY

Timeframe 60Min Higher time frames suggest bullish sentiments, the current trend has been broken with an impulse awaiting retrace for a buy entry

Srikanth_Haritsya Srikanth_Haritsya EURUSD, 240,
EURUSD: EURUSD SHORT
47 3 3
EURUSD, 240
EURUSD SHORT

EURUSD exhibits good diverging patterns and a strong reversal @ 1.275 which also converges with an important level on daily timeframe

Srikanth_Haritsya Srikanth_Haritsya EURUSD, 240, Short ,
EURUSD: EURUSD SELL
26 0 1
EURUSD, 240 Short
EURUSD SELL

EURUSD on D timeframe looks bearish; however on a lower timeframe period it awaits a corrective wave before the bearish move.

Srikanth_Haritsya Srikanth_Haritsya AUDUSD, 240,
AUDUSD: AUDUSD Short Sell
75 0 3
AUDUSD, 240
AUDUSD Short Sell

Divergence is building on H4 and low time frames confirm a week movement upwards, I expect the price to correct till the trendline and further move towards 0.7697 presenting a shorting opportunity.

Srikanth_Haritsya Srikanth_Haritsya EURUSD, 60,
EURUSD: Buy EURUSD (bullish trend will continue this week)
75 2 3
EURUSD, 60
Buy EURUSD (bullish trend will continue this week)

Wave analysis suggest the movement of EURUSD to be in an bull trend and looks most likely to be creating a wave 3 impulse on H4 chart

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