ETH USD Harmonic Shark Price reversalEtheruum is on the move of price reversal.
It has already made a high of $1439 and the projected between 1.13 to 1.618 Fibonacci level of XA. Now this pattern is creating a typical Harmonic Shark Pattern. Which is a bullish reversal in deep.
We can expect a PRZ between $640 to $ 607. SO there might be the downfall of around $1200 estimated but this is the most compact zone of reversal which can be estimated from the calculation of different reference points but the downfall may touch 443 level also as per the reference points, chances are less.
Though this is a bullish reversal so the targets are given with the dotted levels.
This calculation is totally my viewpoint. Please trade according to your thought process.
Fibonacci
BTCUSD Corrective harmonic wave BTCUSD is in the built of a "Harmonic Deep Crab Pattern".
It seems the demand and supply of the asset have been in a very volatile zone.
If the asset breaks 30500 then the probability of the price to reach PRZ will be very high.
Now, this PRZ will work as a supply zone for a short period or create momentum to boost the asset to the given bullish target.
Nifty 50 Bullish Reversal Harmonic Pattern Nifty 50 in its all-time high and has started a sideways movement which has supported by Shark harmonic pattern in the hourly chart.
The expected move could be until D point i.e. 12878 to 13010 level downwards. We can find quality support on that price point.
Please create your strategy accoudingly.
Potential Nifty Top With Fibonacci and Elliot Wave TheoryDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
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Plotted Elliot Waves on Nifty Monthly Chart so lets find out potential top
1. Nifty Top Based on Elliot Wave Theory where Wave 1 = Wave 5
a. Consider Wave 1 start from 279 which is lifetime low of Nifty then wave 5 should 13589.2
Where wave 1 height is 6078.1 + 7511.1(low of Wave 4) = 13589.2
b. Consider Wave 1 start from 0 then Nifty wave 5 top should be 13868.2
Where Wave 1 height is 6357.1 + 7511.1(low of Wave 4) = 13868.2
2. Nifty Top Based on Elliot Waves and Fibonacci extension where Wave 5 is equal to 0.618 of Wave 3 which is 13800.95.
The next Fibonacci extension would be 0.786 which is 15510.8 which is less likely to happen.
Elliot Wave Projection of Eicher MotorsA possible projection of Elliot Wave for Eicher Motor stock.
Stock is making impulse wave expecting it to break all time high.
Just for educational purpose.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgement while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisor before investing/trading.
I may or may not trade this analysis
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BTCUSD IS BULLISH - creating Harmonic Extended Crab Pattern BTC USD is creating an Extended Harmonic Patterns - The Crab Patterns
B point retraced XA by Fib 0.618 (13102) level
C Point is retraced AB between 0.786 and Fib 0.886 level.
Now D point in the process of forming the important Fib extension of XA which is 1.618 level ( 29000 )
That is the projection as of now for BTC-USD in this bull run.
Once it reaches 29000 level only then I can see the reversal.
On reversal CD will form an extreme wave, which will be any where from 2.24 /2.618/3.14/3.618 levels projection of BC.
SGX Nitfy Consolidation PAHourly Chart of SGX-nifty shows the speed of movement came down since it got into the yellow parallel Channel and become range bound which is between 13222-13167.
Now , until and unless it breaks the higher level of the range it will be in this sideway zone. But if it breaks out the yellow channel then there is the probability of move towards 13442/13529/13629/13779 levels ( These are all Fib extension levels previous lower low and recent higher high). Now if it doesn't breaks the yellow channel then it may continue and further chances of attempt of breakout towards upper side will be high till it stays in the intercept of both the channel. The chances will come down once and the longer it will continue in the yellow zone. Slowly it will show the weakness from side way to breakdown...
BTCUSD Probable Retracements and ExtensionsBTCUSD has given the highest move now if it breaks $19000 level( fib retracement level of AB 0.236) then there will be a buying opportunity at $18434 (fib retracement level of AB 0.618) and $18118 ( fib retracement level of AB 0.718) level).
It may target till all the important extensions of AB ( i.e. 1 ,1.272 and 1.618) in USD terms the targets may be $19905, $20307 and $20814 levels.
Bank-nifty short term harmonic Forecast ( Time zone Forecast))It seems Bank nifty is in Uptrend I have done a study on harmonic patterns.
As of now it is at the mid of CD leg so following things may happen...
1) If it sustain above 29412 then it may give a TGT 29550 , TGT 29825 , TGT 30170 , Final TGT 30625
2) Now if it start reversal from this level i.e. 29790 and breaks 28550 then we will get a TGT 27990
3) If It start reversal from 29790 level and breaks 28550 then we will get a TGT 27745
4) If it start reversal from 30200 level and breaks 28550 then we will get a TGT 27532
The probability reversal time zone is 26th to 27th December 2020
Nifty Elliot Wave analysis 11-11-2020 Still Some Upmove pendigDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
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ITC Deatiled Elliot Wave AnalysisDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
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Target price for wave v or wave (C) was actually 150 based on Fibonacci retracement plotted between wave 3-4
Planned video was around 10-12 minutes, plotted waves and targets for wave v(wave C) didn't got save so went ahead of time and become 16 min :D
Complete market cycle of elliott wave over the NIFTY-EducationalI have described the complete market cycle of elliott on the weekly chart of nifty as well as two model structural development which are Motive and corrective. Now that I've reviewed all types of waves, I can summarize their labels as showed in the nifty chart.
If you have any query regarding to my chart or mistake in it, let me know throughout the comment.
thank you.
LT long term Fibonacci retracementLT long term Fib retracement, acting as a strong support for L&T, forming a hammer candlestick pattern this month, , if 900 breaks and sustains, weak, however since it is a long term support, chances are it would bounce back, but its reversal is limited by long term moving average lines, hovering overhead.
Dow Corrective Wave B and C PendingDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Just for educational Purpose
DAX Corrective Elliot Wave looks to be StartedDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Just for educational Purpose
Reliance Correction and Market GeometryThis is called Market Geometry. Reliance in correction mode. B retraces 50% of A and usually A=C or C is bigger than A by 161.8%.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Reliance Elliot Waves, Gap analysis, Head and Shoulders PatternDisclaimer: Just for Study purpose, trading/investing not recommended on this analysis it can be wrong.
Reliance gives classic examples where it shows similar targets with help price action and Elliot waves.
Inverse Head and shoulders breakout target seems to reached
As 3rd Elliot wave is extended 5th Wave should be normal (not extended)
During Run up it created Breakaway Gap, Runaway Gap, Exhaustion Gap
PVR Elliott wave BuyThis is for educational purpose. Shall ideally go for next wave. Also it is at bottom of downtrending channel. Safest risk reward. buy near 1250-1255 sl 1240 trgt 1293. Above redline can extend upto 1363.