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Elliottwaveideas

Elliot wave counts of copper looks bullish post dips (if any)Hello Friends, here we had shared possible Elliot wave counts of copper on hourly time frame chart, in which it is showing that after impulse move as a wave 1 we are unfolding now correction waves as a (w) - (x) and (y), in which we had already finished and completed wave (w) and (x) now possibly we are in wave (y) of one bigger degree wave 2, so wave (y) may give some areas of dips too, which can be an opportunity to go Long at good levels, and an invalidation level is also mentioned on chart. My studies are for educational purpose only, Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
FX:COPPERLong
by RK_Chaarts
2
NaturalGas Possible Elliot wave counts (up than down & again up)Hello Friends, here we had shared possible Elliot wave counts of NaturalGas on weekly time frame to daily, 4hourly and hourly time frames which seems aligned with each other, so the conviction increases. Well, on weekly time frame it seems that post impulse move, currently we are unfolding correction which is already at werge of completion, after A,B we are now in wave C, in which we had already done wave 1-2-3-4 of one lower degree, and now possibly we are unfolding wave 5th of C, and in wave 5th we had done wave i of lower degree and possibly we are unfolding wave ii of 5th of C, still wave iii, iv, and v are pending to complete wave 5th of wave C, which should not go below $ 1.529, because its an initial level of bigger degree wave ((1)) and as per wave principals, wave ((2)) should not retrace more than 100% of wave ((1)), so post completion of wave C we can assume that correction to be finish and hopefully fresh impulse up move should start towards north direction for long term. Overall very soon we should start fresh impulse for long term along with invalidation level of $ 1.529 One can wait for dips to complete wave 5th of C of bigger wave ((2)) to grab an opportunities to find best entry to go long, so we should have to ride only in right direction because right direction is always more important and better then speed. I am not sebi registered analyst, My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Possible wave counts on weekly chart Possible wave counts on daily chart Possible wave counts on 4 hourly chart Possible wave counts on hourly chart Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NLong
by RK_Chaarts
9
FORCE MOTORS possible Elliot wave countsHere we had shared today possible Elliot wave counts of Force Motors ltd, on daily time frame, as per Elliot wave structure its clearly showing that we are in correction phase after impulse started from bottom of pandemic period of march 2020 and completed wave 1 till swing high of November 2021, well, if this phase was a fresh impulse as a wave 1, then currently we are in correction phase which had been unfolded as a zigzag pattern 5-3-5 subdivisions like (A)-(B) and now possibly we are in wave C, where we can say that of bigger degree wave 2 will be completed along with wave (C), now wave (C) should unfold in 5 subdivisions, in which we had completed wave 1 and now possibly we can retrace wave 2 as a contra trend. currently it may go bit upside as wave (a) - (b) and (c) inside of wave 2, which should not cross high of 1585 levels, and may turn down again to complete wave 3 - 4 and 5 of wave (C) of bigger degree wave 2. On completion of wave 2 one can go long in this with invalidation level of 591 for targets above 1700 - 1800 and more. In both upside and down side invalidation levels are mentioned on chart, if they breaches then we can assume that our study is missing something. Thanks. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:FORCEMOT
by RK_Chaarts
10
TVS MOTORS possible Elliot wave countsHere we have shared possible Elliot wave counts of tvs motors, just for educational purpose, on monthly, weekly, daily and hourly time frames, all aligned with each other, so here we are getting both side confirmation levels for next possible moves. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:TVSMOTOR
by RK_Chaarts
USDINR multi time frame aligned Elliott wave counts analysisUSDINR possible and aligned Elliott wave structure of multi time frames from monthly to hourly. Monthly chart Weekly chart Daily chart 4 Hourly chart 1 Hourly chart Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
by RK_Chaarts
2
EWT - Is EICHERMOT Forming Wave (5) Of Its WaveCycle?Timeframe: Daily NSE EICHER motors have accomplished the corrective wave (4) and started forming impulsive waves (5). The price is currently forming sub-waves of the impulsive waves (5). Wave (2) was a sharp zigzag, so wave (4) formed the choppy structure triangle. Since wave (3) was an extensive wave, we cannot expect wave (5) to extend with a high probability. Eicher motors have given a good breakout and broken out wave 2 of the triangle and impulsive wave (3). If the price sustains above 3790 , traders can trade for the following targets: 3948 -3992 - 4030+ . I will update further information soon.
NSE:EICHERMOT
by forextidings
2
Natural Gas Possible Elliot wave countsNatural Gas, wave 2 of some lower degree is possible completed now, and now at same degree wave 3 may unfold next, with invalidation level of wave 1's low, which is pegged at $ 6.426 If it breaks low of wave 1 ($ 6.426) then it may be invalidate our current bias. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NLong
by RK_Chaarts
Natural Gas Looking good to go longNatural Gas is looking good to go long as per wave structures suggesting impulse to unfold, with invalidation levels of $ 6.725. RK's mass psychological cloud is also suggesting positive ahead, along with macd positive support. Natural gas had given trendline breakout along with good intensity of volumes on hourly chart. After positive divergence, breakout with good intensity of volume Overall wave counts Double positive Divergences MACD in hourly positive and now above zero line MACD in 4 hourly positive crossover and uptick. RSI in hourly above 60. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NLong
by RK_Chaarts
Crude Oil USOIL Elliott wave countsAs per Elliott wave structure and along with running trend sequence USOIL Crude oil is looking sell now or on rise (if any) with invalidation level of $ 90.17 Also RK's mass psychological cloud is suggesting to go short Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
TVC:USOILShort
by RK_Chaarts
US oil - Crude oil Elliot wave countAs per wave structure wave 1 and wave 2 of bigger degree has been completed and now, possibly we are unfolding smaller degree wave 1 of bigger degree wave 3. It has given breakout with good intensity of volumes on hourly chart. Well, Overall crude oil is looking good to go long at these levels with stop loss of $ 85.70, for Targets of $ 90, 92, 93.70, 97.86, 100.71, and up to 105. Breakout with good intensity of volume MACD already positive and uptick and also above zero line on hourly time frame MACD uptick and now positive crossing on daily time frame RSI uptick on hourly time frame RK's mass psychological cloud suggesting to Buy now or Buy on Dips (if any) Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
TVC:USOILLong
by RK_Chaarts
7
BEL Bharat ElectronicsThis stock has given breakout with good intensity of volumes, also RK's mass psychological cloud suggesting upside along with buy signal. Overall wave structure is showing that we are in impulse only, In pandemic situation also this stock has not gone too low, it has been out performer and making higher highs and higher low structure. After completing wave 1-2 now we are in wave 3, and inside wave 3 we had completed (i)-(ii)-(iii)-(iv) and now we are in (v) it looks consolidation in wave ii of (v) has been completed and now possibly we are unfolding wave iii of (v) of bigger degree wave 3. however, iii can unfold at 284 areas. On the way down, the recent swing low can provide a good support to watchout for upcoming days, which is pegged at 223.80. All indicators are also suggesting to go long for ride towards north. Overall wave structure looks like this Breakout on daily chart, with good intensity of volumes RK's mass psychological cloud in buy mode in daily time frame, along with running in buy signal activated, along with breakout. price challenging upper Bollinger band in daily time frame Macd in daily positive and uptick above zero line Macd in weekly uptick above zero line dmi adx in daily time frame both aligned positive RSI breakout on daily chart and now uptick above 60 Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:BELLong
by RK_Chaarts
4
NATURALGAS ELLIOT WAVE COUNTSNATURALGAS has almost completed wave B of wave 2, possibly next wave C is ready to start unfolding soon, which can be confirmed by breaking support trendline, which could be aa good trigger point, Once it breaks support trendline then it can slide towards south directions near $ 7.500 zones, where wave C can complete equality with wave A. Negative divergence in both rsi and macd on hourly time frame Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
RUS:NG1!Short
by RK_Chaarts
5
COFFEE possible Elliott wave countsHere are possible wave counts of coffee on higher time frame to lower time frame like, Daily time frame to 4 hourly and 4 hourly to 1 hourly. Possible wave counts on daily time frame Possible wave counts on 4 hourly time frame Possible wave counts on 1 hourly time frame Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
PEPPERSTONE:COFFEEShort
by RK_Chaarts
Nifty Elliott wave update: 23%-38% will be trend deciding rangeIn Nifty 1hour chart bounce from 15183 is looks like Double zigzag(WXY) correction. Wave c of second abc started from 15858 is already achieved its minimum projection range(16622-16803). Which could be the resistance range for nifty And retracement range of wave c started from 15858 to 16752 is coming at 16541-16410 which will act as support range. If nifty make new high above 16752 then this retracement range will change accordingly. 38% level is the break even point for downside. Consolidation in this support range(16541-16410) will be positive sign for nifty but if Nifty breaks 38% level sharply and if close 1hour candle below 38% level then trend will change and decline towards 15858 and 15511 is possible.
NSE:NIFTY
by chirag_Khasiya
4
COPPER - Elliot wave countsOverall Elliot wave counts on daily time frame. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
FX:COPPERShort
by RK_Chaarts
ITC breakout with volume and Elliot wave countsThis stock has been under performer most of times, but now the way chart is formed is a good sign for bulls, now it may do out perform against market also. On daily time frame it has given good breakout along with good intensity of volumes, also trend indicators and oscillators are in favor to go long, Overall wave structure is also suggesting same bias as a bullish views. Some highlights are shared below as a snapshots. Breakout with good intensity of volume on daily chart Wave counts and all the key levels are mentioned on chart, along with stoploss and targets. MACD in weekly positive above zero line MACD in daily positive, uptick and above zero line RSI breakout on daily along with uptick above 60 & 70 levels RK's mass psychological cloud and RK's stop line both are suggesting to go long Price is above upper Bollinger band in daily chart, good momentum can be seen ahead DMI and ADX in daily chart both are in favor to go long, both are positive Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:ITCLong
by RK_Chaarts
2
shibusd - Shiba inu usd Elliot wave countsShiba is trading at ideal support zone at the starting point of wave cycle, but to confirm low/support in place and bullish reversal, we need to see a recovery at least back to 0.00001435 area and more strong above 0.00000200 area. (One can go long after these confirmations) on the way down 0.00000450 levels are major support to watchout for. As per Elliott wave perspective, we have been tracking (A)-(B)-(C) correction from all-time highs and wave (C) is now possibly completed, as we see a completed five-wave cycle of the lower degree. Overall wave structure, almost full wave cycle completed and price near major support level. Waiting for close above 0.00001435 to made higher high and then higher low Price is taking support at bottom of RK's mass psychological cloud on hourly time frame Also on daily chart it entered again in RK's mass psychological cloud Price action formed Morning star candle stick pattern on weekly time frame, but still waiting for follow up. macd positive in daily time frame MACD flat after down fall on weekly time frame histogram breakout on daily time frame Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
FTX:SHIBUSDLong
by RK_Chaarts
MCX Gold Elliott Wave Projection For July 2022Gold has accomplished the final correction wave (Y) of wave ((B)) and has begun to form sub-waves of the corrective wave ((C)). Currently, the price is at 100 EMA & the lower band of the parallel channel. It appears that the movement of gold is being dominated by bears, as it is making lower lows and lower highs. If the price breaks down the parallel channel, traders can initiate a short position for the following targets: 50153 – 49600 – 48560 . It should be noted that the breakdown of the parallel channel is also the breakdown of the 100 EMA. 49600 is a pivot zone for gold. If the price sustains below 49600 , traders can expect rapid bearish momentum.
MCX:GOLD1!
by forextidings
10