Harmonic -
1. Potential Bullish butterfly pattern on daily TF.
2. Testing critical support/demand zone. If this is broken Tgts 3219, 3126
Elliott wave -
1. Irregular ABC correction is ongoing.
2. Currently, testing 0.618 retracements of B wave, if this gets broken elongated C is confirmed. First target 3151 and 1-1.236 projection of A and B wave.
3. If there...
Silver was uptrending in previous weeks but it has faced rejection at crucial levels and currently there is breakdown of support in silver with RSI below 60 levels.
Silver is kind of swing instrument which means it will swing between resistance and supports and as a trader we should sell at resistance and buy at support.
Silver is trading below 5 EMA with RSI...
NSE KoltePatil stock overwhelmed today, and it hiked +34.10 ( +12.30% ). Technically, the A B C correction of the Elliott Wave is over. We can expect impulsive moves ahead. Today's volume spike and breakout of EMA 100 indicate bulls are stepping in. The uptrend can extend up to 322 - 340 - 350+ target price for intraday traders.
Further information I...
NO ONE CAN GO PARABOLIC, NEITHER ELON MUSK NOR BITCOIN BIG DADDY CAN GO UP WITHOUT HAVING A STRONG LEG DOWN - PERIOD.
BTC GONNA CRASH @ 70K / SUPPORT @ 21W EMA / 50K TO 52K / SHORT @ 70k
REASONS / INDIAN ELITE BTC SNIPER v4.0 / IN MY HUMBLE OPINION
1. BULLISH TREND - RISING WEDGE PATTERN indicating TREND REVERSAL in the mid term (as the same MAY 2021...
#ETH (weekly update)
Trading suggestion:
". There is a possibility of ABC correction retracement done ready for Major Wave3 on the board."
". if it will break 21 WMA then ETH could start its new really from here."
Technical analysis:
. ETHUSDT is try to break 21 WMA, and the beginning of an uptrend is expected.
. The price is touched the 21-Weekly MA, which acts...
According to EWT, the 5th wave has been almost completed. The ABC correction will start soon. As mentioned in the chart, MCX aluminium will start collapsing for the target price of 176 - 172 - 168 - 162 soon.
At present, if we see for intraday traders, then it's upward. Aluminium will touch 184 - 186 levels, and then ABC correction will start.
EUR/GBP made here a bearish Elliott wave. I have applied the moving average also to forecast the trend. In the fifth wave, there is a symmetrical triangle . After the ABC correction, there is a hurdle at 0.8930 . Right now, the trend is moving under the hurdle . It is a bearish Elliott wave pattern. Therefore, it will fall more up to the target of 0.8816...
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 5-6 Times
A nice Shoring opportunity is found in UltarTech Cement. Risky traders can trade in June 2020 contracts in Futures and Risk averse can trade using Put Options.
Pattern - ABC Correction.
Can I trade in cash segment also - YES with a strict Stop loss.
TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 8-12 times.
TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
TREND ANALYSIS & TRADE SETUP
Wave Counting
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
R:R is 7-8 times.
Hi Friends,
AUDUSD trading near to the channel support, As per wave analysis B wave is going to complete. I am looking for wave C upside with target of 0.6835.
ENTRY & EXIT SIGNALS
LONG @ 0.6710 -- SL -- 0.6650 -- TP @ 0.6835
