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...
Nifty index continued its formation of higher highs for six consecutive session and headed towards 10400 zones. What Recovery Bulls done holding its area 10100 then with power recovery strategy and consistent victory over bears made Bulls to find place as strong winner at this level 10390…. It formed a Bullish candle and closed above its 50 DEMA on daily scale....
1st day of week on Monday 2nd April Nifty -0.04% 50 index managed to open positive and witnessed sustain buying interest throughout the day. It managed to hold and surpass the Hurdle 10158 and headed towards 10220 levels. Bulls recovers with sustaining pulls up to the bears, It managed to hold above previous weeks’ close and formed a Bullish candle on the daily...
#Best Wolfe Wave Strategy – Alpha Wolf Trading
The best wolfe wave strategy is a trading strategy with high a profit loss ratio above 90% and it’s based on wolfe waves. The wolf waves have been introduced by veteran trader and market wizard Linda Raschke.
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The final structure looks like an expanding ED . In that ED we cannot be sure where we are in wave 3 or wave 5 of the ED . If it is wave 3 then a little more pain is in the offing . I feel we are running the final legs of a complex running flat formation in Nifty which would end wave (iv). Lets see. Idea is to trade with the trend . And frm this we know that at...
1. It made bearish engulfing candle with closing of last month.
2. After engulfing candle there was good follow through. all depends on closing price of March.
3. in short term we expect 61% retracement which is nearby 9600 zone. ( its not shown in chart by fib tool.)
4. Gann fan clearly indicating big fall towards 9500 if march's closing is on down side.
Nifty50 Index Opened Gap up near about 70 points at 10301, Bulls showing aggression backs more stronger pulling up bears till the session, the barrier of hurdles of 10337 crossed Massively and with effect of short covering seen at the end touched the 100 DMA to show Bulls power. On daily chart formed long body Bullish candle.
Now it’s an area of Challenge to...
Nifty P/E analysis with Nifty P/E Ratio vs Nifty Wolfe Wave Chart Pattern (This is just for study purpose )
What is Nifty PE Ratio?
Full form of PE ratio is price to earnings ratio and it is broadly used to identify how is Inexpensive or Expensive a particular index
Whether the index is Inexpensive or Expensive should be judged on the basis of its PE ratio...
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.
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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...
