Abccorrection
BSE Stock 78% Retracement | Elliot Wave ABC CorrectionBSE Stock 78% Retracement | Elliot Wave ABC Correction
Chart patterns Trendline Breakout than Retest.
Fibonacci 78% Retracement
Price Above 200 & 50 EMA
Bullish Reverse Divergences
Elliot Wave - BSE stock seems to be a Long in the short term because it has done ABC correction after completing the 5th wave. Right now the 1st and 2nd wave have been completed. The third wave is running.
TCS - Daily TF - Long TermHarmonic -
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 is a retracement from the current demand zone, we can see the upward leg of further correction or impulse.
Silver Showing Bearish SignsSilver 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 below 60 levels which shows it is corrective phase which may form A-B-C wave as per elliot wave principle.
NSE KoltePatil Stocks Prior Uptrend ResumeNSE 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 will update soon.
BTC IMMINENT CRASH! 70K TOP / FINDING ITS SUPPORT @ 52K TO 50KNO 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 Crash)
2. HEAD AND SHOULDERS PATTERN - formation of head and shoulders pattern
3. WYCKOFF DISTRIBUTION PATTERN / As the same Feb 21 - May 21
4. ABC correction wave Imminent / finding its support @ golden 0.618 fib around 50k -52k
5. 21 Week EMA @ 51530 at the time of publishing.
6. LONG @ 50 - 52K TILL 135K, THEN EXIT THE MARKET
PROS OF BTC CRASH
1. HEALTHY CRASH FLUSHING OUT OVER LEVERAGED PLAYERS (>3X)
2. EXTREMELY BULLISH , AS SOON AS THE CRASH HAPPENS, CONSOLIDATION FOR 15 TO 25 DAYS ( JAN 2022), THEN BTC GONNA GO PARABOLIC TO 135K, FINISHING THE CYCLE AROUND 150 K @ MAR 15/22.
3. THIS MARKET CYCLE ISN'T OVER WITHOUT BTC CROSSING 100K -PERIOD.
4. THANKS TO BENJAMIN COWEN @ CRYTPOVERSE FOR HELPING ME GAIN SO MUCH KNOWLEDGE.
THANK THE GOD / ALL GLORY GOES TO HIM. THANK YOU.
ETH weekly chart looking too bullish, could be it started Wave3!#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 as a dynamic resistance.
. The RSI is at 53 and bounce from it support line which shows bull is upper hand right now.
Take Profits:
TP1= @ 2666
TP2= @ 3290
TP3= @ 4350
TP4= @ 5665
TP5= @ 8711
SL= below 1700 usdt on daily closed bases
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EWT Says: MCX Aluminium Will Come at 162 LevelAccording 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.
Forecasting a Future of EUR/GBP with the bearish EWTEUR/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 .
But there is a possibility of the double bottom pattern the trend can rise, and it can break a hurdle . If the trend crosses the hurdle, it will hit 0.8960 .
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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India Oil Chart Setup & Trade !!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.
Petronet Risk Trade Setup with small 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 8-10 Times
Ujjivan Fin. Trade Setup !!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.