Diagonal

Brigade Ent falling wedge Breakout.Brigade Enterprises has made a falling wedge or ending Diagonal pattern, its near breakout. As per Elliott wave the Correction looks Complete, good for short-term Buy, This Idea is shared purely on Technical basis, Fundamental parameters are not considered, take entry on your own risk.

NZDJPY breakout of diagonal pattern, nzdjpy looks bearish

zen technologies can come in correction #Zen technologies looks in correction, ending diagonal has formed.

Diagonal formation in AARTI-IND Elliott Wave Analysis A diagonal has formed in the C wave. there may be a small correction pending. the correction seems to be a 2nd wave to the Previous 1st impulse wave. almost 60% fall was done. we may expect a bounce back. further chart will be posted accordingly. kindly follow to kept updated.

BankNifty - Unveiling the Magic of Wave Analysis Near ATH-44151 Introduction In the world of financial markets, technical analysis plays a crucial role in understanding market trends and making informed investment decisions. One powerful tool in this domain is wave analysis, which has proven its accuracy time and again. In a recent BankNifty analysis, wave analysis beautifully predicted the index's movements, providing traders with valuable insights. This article will delve into the fascinating details of this analysis, its striking coincidence with the ac

BankNifty's- Danger: Is this A Rising Wedge?– Time to Rethink Earlier in The Day - When Magical Level of 43350 Holds Ending diagonal Also known as an ending wedge, is a term used in the field of technical analysis to describe a specific chart pattern that signals the end of a trend or price movement. This pattern is characterized by converging trendlines that form a wedge shape and typically consists of five waves, with the third and fifth waves being smaller than the first and second waves. Rising wedges are bearish reversal patterns that ofte

Diagonal formation in USDJPY; Elliotical Approach Hello Traders! 1. We see a clear 5-wave impulsive move forming a leading/ending diagonal. 2. It could be Wave 1 or Wave A. 3. Targets and stop have been marked on the chart. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.

by UnknownUnicorn27677748

Chola Finance SHORT, Rounding Top The Short Setup is as follows: Elliot Wave Standing Point: Rise from Covid Lows can be marked as a Diagonal in the form of ABCDE and Wave E just completed in September For the Short Term as per Daily Time Frame, we can see the following Observations: 1) RSI gone below 40 ✅ 2) ADX at 24 rising, DMI in Sell Mode ✅ 3) Super Trend (10,3) gone in Sell Mode ✅ 4) MACD in Sell Mode ✅ 5) And Most Importantly there is a Classic ROUNDING TOP Pattern Breakdown ! where the Base has Low Volumes and the Bre

SBI Card SHORT - So Wave E high did not get taken out all this while even though, hence Setup still valid - A 5 wave Fall (Wave i) on Hourly Charts can be Counted from Wave E high - A 3 Wave Corrective Rise (Wave ii) in the form of an Expanded Flat retraced 0.618% of the Fall from Wave E high - Price did Wave i and then ii, and now iii on Downside has Started📉 Wave i= Wave iii equality comes at ~ 845🎯 Trade Plan as follows: Short at CMP= 915.5 Downside Target Zone= 850 - 840 Stop Loss= above 940

Srtransfin can go long.NSE:SRTRANSFIN is in wave 5 of larger degree and also in smaller degree. more possibility of going bullish, safe entry after breakout of ending diagonal.

#BANKNIFTY completes an ending diagonal and can head south Banknifty's upmove from mid Jul (from ~ 32400) has been impulsive - either a wave 1 of a new bull market or wave C of X of an ongoing correction ( heading to 30000-32000 region) Whichever the case, the immediate direction is down if todays high of 40753 is intact. The ending diagonal is clear and should soon resolve to the downside. Expect an initial target move into the 38420 area. The structure of this downmove should indicate to us the next course of action. For now - look for new lows if

by SolomonsView

With exiciting termination wave -An Leading Diagonal in SUZLON.Review the " Leading-Diagonal ": As you know, Leading Or Ending Diagonals one of two types of motive waves, the other being in impulse wave. The Leading Diagonal is a terminating wave pattern that is form the 1st wave position of impulse waves or as wave A. This is an example here live - SUZLON. We have an Leading diagonal in the 1st wave position of an impulse wave. Now what's exciting about this real-time example: 1) We've throw if you connect the trend lines which connect the extremes of

by Trade-Technique

USDINR terminal move - 400 pip downmove likely USDINR had broken out a Triangle in the middle of Sep 21 . The subsequent move has been overlapping waves but counts well as an ending diagonal. This is a terminal move and has breached the Mar 20 high ending the larger degree pattern as well. Divergence is also developing at this high v/s previous highs. The move from 72 levels seems done and a reversal is on the cards. When weakness sets in, it can take the pair to 73.75 level. Moves on completion of ending diagonals are quick heads to the or

by SolomonsView

EDUCATION- GRAPHICAL DIAGONAL PATTERN IN DETAIL_ELLIOTT WAVE This is the educational post regarding the types of diagonal patterns- SUMMERY : LEADING DIAGONAL ENDING DIAGONAL LEADING DIAGONAL Always form in inner wave of wave (1), so one can expect wave(2,3,4 & 5) within main impulse wave to complete the pattern. PATTERN: 1- Comprises of (5-3-5-3-5 (inner waves)) or (3-3-3-3-3) (inner waves) 2- wave (4) always overlaps wave (1), but can't go beyond origin of wave (1) 3- wave (3) > wave (1) & wave (5) could be >than wave(1) 4- wave (3) max proj

by ShubhamKatiyar

#Crudeoil turning lower - Wave A down in a diagonal Crudeoil has been on a tear making new highs in the last few weeks . All this may have ended in a wave 5 of 5 and a major turn seems to have begun. The downmove from the Feb 15th high is clearly a diagonal wave A ( or wave 1) , a correction in wave B ( or wave 2) has completed a few hours back. As long as the 94.95 high holds , look for an accelerated move at a minimum to 84, this could then lead to a medium turn that will keep crudeoil make new lows. We'll reassess further bearish potential a

by SolomonsView

A Complete impulse wave about to end in #BANKNIFTY Banknifty is now showing all signs of a longterm completed 5 waves from Mar 20 to Sep 21. The ending diagonal as wave 5 of 5 adds credibility to the structure. What this means is that if the 38224 high is not broken we are heading to 30000 area in an A-B-C correction. One more slight maybe possible, if it does , we'll relook for a new short entry. The downside risk is high now. Upside seems limited and not worth betting on

by SolomonsView

EWT: Will nifty hit 18000 before September end?Extending wave (5) should easily travel above 18000 and is likely to continue toward 18480. Target 1: 18000 Target 2: 18142 Target 3: 18350 Target 4: 18480 Stay tuned for the next update.

by freestocktips

Reliance: The ride of an Impulsive wave.It looks like the correction Phase is complete at wave (c). focus on key levels will be beneficial. we are going to ride on wave 3. wave 4 can't exceed the starting point of wave 1. There is invalidation below 2044. I will upload Lower Timeframe analysis.

by Trade-Technique

UBL Disinvestment & Downtrend Start !!TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! 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 CONFIRMATION ! Risk:Reward: 8-10 times.

Reliance: 4H Timeframe analysis If wave ((4)) is completed at 2816 then we are on the (2) wave of wave ((5)) or We are still on the sub-waves of wave ((4)). stay tuned for new Update.

by Trade-Technique

Adani Ports - Good Money & Learning For Readers (Pls Read Fully)A friend of mine asked me to consult him on Adani Ports , so I did. Uploading the same for the benefit of all my folks here at Trading View. Adani Ports is in it's main 3rd of a large degree (Wave count marked in Red). It's in the last stages of completing this 3rd as depicted on the chart. It should now go for it's last move up before it completes the 5th of 2 smaller degrees (Wave count marked in Orange) and also it's 5th of 1 smaller degree (Wave count marked in Blue), thus completi

Example of Expanding Triangle Howdy Traders, we already know that Triangle occurs in Corrective waves and Diagonal occurs in Impulsive waves. Their are three type of Triangle 1)Expanding Triangle 2)contraction Triangle 3)barrier Triangle Their are 2 types of Diagonal 1) Leading Diagonal 2) Ending diagonal --------------------------------------------------------------------- This is the example to expanding diagonal Rules : wave C,D,E each moves beyond the end of the preceding same - directional sub wave. sub waves B,C

by BrightRally_Research

Short Seems to be a good short opportunity!

Opportunity either side Might give long or short opportunity !