As expected wave (iv) completed as irregular correction at 10440. Now wave 5 projection range is coming at 10666-10803 which can be achieved in coming sessions. Tomorrow intraday buying range is coming at 10571-10555. If Nifty breaks 10596 in opening only then buying range will change according to that but if nifty enter in 10571-10555 range without breaking...
As usual description is in the chart :)
nifty elliott wave analysis for 6th nov 2018
DESCRIPTION OF CHART IS ALREADY GIVEN IN CHART ITSELF.
Description is already given in chart itself.
Hello everyone, I've been looking for short move since 2nd week of the September. As shown in chart price is showing sell sign by divergence On RSI and MACD both. When price move forward in our forecasting direction then Move SL past the entry. If it's not the move down then we again look for the sell opportunities.
FX:EURUSD EU is in downtrend and now it's in a sideways correction. I'm looking for 1 more impulse to the downside! and that's too on a bigger time frame and i think this will be a good entry for the downside impulse Stop loss would be 1.1755
The price reached $ 8,438 or 38% Fibo. Possible slight corrective drops. Support at $ 7,506 must withstand the pressure of supply so that the gains are still in play.