silver short on hourly candles for approximately 1-2 daysafter impulsive 5 waves
the ongoing sideways formation is abc formation
the wave a of the same has been completed.
the wave b consisting of elliott triangle is marked by a-b-c-d-e
the current downside is the wave c and this should minimum reach the levels of wave A ,
ideally it is beyond that . ( we will review the TAKE PROFIT levels later .
GO SHORT ON this ...
I AM LONG in current future contract and short on next future contract.
OVERALL I am bullish on silver this is just s
8charts
LONG TRADE eurusd of HOURLY candleshere the first impulse has been sighted ,
then the abc correction in the reverse direction.
the corrective channel has been broken on the upside . the channel breakout has been retested
now the setup is being prepared for the third wave target price beyond 1.09000 levels
Invalidation level is for stoploss ( although traders may hold the trade they will benefit as per my view )
happy trading
long trade return expectation 4.5% stoploss 0.5%after a fresh impulse wave (i) the market
went into the consolidation cum correction via wxy wave structure .
Now fresh impulse is being generated (with a pin bar on 4H CANDLE )
invalidation levels marked for traders , for investors there is no need of stoploss ..
best wishes ..
downside in cummins indiaAs per the chart it seems to be at the sub-wave e of abcde trainge for wave ( iv) .
wave e should end below the trendline connecting wave a ==> wave c .
invalidation :- if the price breaks the trendline between wave a and wave c then the view becomes invalid
accumulate at the end of wave (v) . near levels 830 840 850 rs
silver a fight between bulls and bears ... a fught between bulls and bears over the upper trendline of the downfall
my personal view since 4 years is that silver has to reach 1 00 000 rs per kilogram ...
the outcome for this fight might be anything as of now , but it is surely hitting the skies ....
Currently the downtrend is being tested and prices are sustaining around the trendline ...
I guess this month of June 2021 might be choppy and sideways in nature ....
will keep updated ..
Our premium traders are given trades no mat
RAYMOND accumulate / watchout here as we can see after the motive waves 12345 , we are into abc correction
out of abc , wave a has been identified , and now wave a shall be retraced by wave b ,
keeping it very minimal to 50% retracements .. also the price action suggests that 350 levels
are a short term rejection levels as well ..
I am bullish on raymond on a yearly perspective and have been trading
each of the major waves ...
so this is a pure delivery buy trade
hope you harvest profits here ..
go for it ...
Th
Cipla sell on rise or without riseCipla is in the completion of the 5th wave ( e wave ) of the greater degree wave C .
wave e always has five waves within .
Stoploss is marked in the chart,
play this by Options or by futures ...
My strong conviction for this trade
Posting here to have a demonstration of how we take trades based on Elliott wave principles.
For paid works your discussions and enquiries are welcomed .
JAI HIND










