Sector Having Bullish BIAS in T+3 Days NIFTY' AUTO: 10,855.65, 0.30% NIFTY' IT: 14,613.75, 0.06% NIFTY' MEDIA: 2,916.30, 1.29% NIFTY' METAL: 3,445.25, 1.16% NIFTY' MNC': 14,675.95, 0.37% (Data after 07th Aug 2018, NSE Website) .... rest mentioned in Charts.
Do not try to take trade very early, Wait for clear sell signal, Learn to create your own setups to trade
We can see the HH and HL fromtion in the past but also there is a lack of momentum to going up and we have got our first LL,Now we need a LH for enter in the trade.
In Elliott Wave theory the 5 wave move in the direction of the trend is also called motive waves, while the 3 waves corrective move against the 5 wave move is also called corrective waves. This is quite useful because we can now break any price trend movement into this basic 5 – 3 wave pattern. Knowing that each impulsive and corrective move is a series of waves...
Just updated the TA. Fib levels and possible targets mentioned in the chart. Hoping that BTC should not behave impulsively.
This a Technical Analysis for ADABTC chart on 4 Hour timeframe. It has completed impulse wave 1 and 2. Wave 3 which is usually the longest and strongest wave is just started. Based on the Fib level expected target is somewhere around 5700 to 5800 Satoshis (Taking this a bit on lower side) See the corresponding Fib level as well. Wave 4 retracement may be around...
This Is based on 4 Hour chart for TronBTC. It has just completed Impulse Wave 3 and started retracement Wave 4 which is expected to around 870 to 855 Satoshis (Around .382 Fib level) Impulse wave 5 should then takeover it up to .50 or .618 Fib level with possible target around 1150 Satoshis. Also look at 4 Hour RSI we have a trendline drawn in red. This is not...
20:55 Hrs 17th Oct2017 AUDUSD @0.7830 USDINR@65.01 Wish you a happy & prosperous diwali to all of you & your near ones. May Goddess Lakshmi bless all. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- AUDUSD Running with 200+ pips in back...
Someone rightly said - " Why patience isn’t just a virtue in investing, it’s a necessity for Trading" if you want to survive in the markets for long term. If I Can’t Have You Right Now, I Will Wait, Dear Few weeks back it made a high@431 - had started falling but it was not a convincing fall to 403 & pushed upside slightly above 430 levels making new...
In the above chart, I have showcased a confluence or relationship between Elliott Waves and Harmonic Patterns. Where I have mentioned and pointed out time where they confluence and provide us a successful trading opportunities. Such confluence is simple to understand and provide a great reward over risk by initiating in them. I have attested below edcuational...
This is an interesting educational post which I observed last week while analysing charts that were showing Head n Shoulder Patterns. I thought of relating it to the Elliott Waves Theory and found out some similarities in their pattern formation. I have displayed both the pattern formation and indicated WHEN & HOW TREND CHANGES once such patterns are formed. H&S...