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joel-vg

An elliott wave perspective Wait for both the Horizontal line & Trend lines to be breached Patience is a Virtue

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Gold wave pattern

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i expect a 3 pip small up-move in this corrective wave

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GOLD HOURLY CHART Gold is on Downtrend because of 1) RSI below 50 on Hourly chart 2)50 EMA below 20 EMA on Hourly chart 3) because of Price action (Lower High Lower low pattern) Hence we are looking on Sell on rise Pattern Look for sell on 38 % retracement which comes to around 1859

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Please check the wave counts & review

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Elliott wave buy set up @ 32.8 %

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elliott wave 15 min.

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An Elliott wave perspective

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gold wave count very short time - a bullish move expected upto 1830 medium term - a break of 1800 expected

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LOOK IN CHARTS FOR DETAILS

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A flag chart pattern is a technical analysis term referring to a chart pattern that gets created when a steep rise is followed first by trading in a narrow price range and then finalized with a second steep rise. If a rise precedes the "flag", then a rise is likely to follow it. Flag chart patterns are short-term continuation patterns that are formed when there...

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REMEMBER 2 THINGS 1) VODAFONE-IDEA is on a down-hill path , Hence shorting is the rule....( but Mac-D is showing divergence!!!) 2)11.8 is a big resistance area - in-case it reaches 11.8 , better to short.....

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This is based on the book by Laurentiu - Price action breakdown Fair Value area - is the rectangle box -where price has spent most of the time trading at, an area where supply met demand. The price area confined between those two horizontal lines in the chart above is the fair value area Excess Price - You can see that price has gone three times above the...

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Just a Query ? Can in be a Head and shoulder pattern in making

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Federal bank is at the final descent details explained in the chart

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FEDERAL BANK IS IN THE FINAL DESCENT it can be bought in multiple entry levels between 70 to 75 keep a stop loss of 60 target 140 in another 2 years

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Buy Escort between 820 TO 840 Immediate target - 900 Long term target - 1000 Stop loss - 800

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This is the big picture wave iii has concluded , since wave ii was shallow wave iv may go deep 50 % retracement stands @ 75 , Hence buy when Federal bank reaches 75 levels (stop loss should be 50) Target for wave v should be much higher (above 130) but this trade may take some more time to materialise