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Elliottwaveprojection

MCX Natural Gas – Elliott Wave projectionNatural gas has completed the impulsive cycle at 801 and started collapsing to form the corrective process. In this corrective cycle, the price has accomplished the corrective wave B and started constructing wave C of normal zigzag correction. There are two reversal points for natural gas: 1) Wave C can occur near wave (4) 2) wave C can accomplish its corrective cycle at 219.8 where wave A=C. If the price sustains below the lower band of the channel, traders can expect the following targets: 288 – 275 – 267 . According to Elliott waves, correction can occur near wave (4) of the previous cycle. I already mentioned expected reversal points.
MCX:NATURALGAS1!
by forextidings
1
Structural Confluence of Elliot and HarmonicsConfluence doesnt mean some indicators and price action .. confluence conditions can be seen everywhere from structure to entry The above structure shows you confluence with 2 major concepts in trading world HARMONICS and ELLIOT, shows you the possible areas where you could see confluence of both The 3rd wave could some times be BAT pattern or DEEP CRAB pattern in impulse, when it comes to elliot correction you will prob'ly see ABCD pattern in formation. This will give you an idea of how to identify the confluence when you are looking for swing trading Always keep in mind that there will be internal small patterns within the big pattern do not get confused while doing multi TF analysis thinking which pattern to follow, always follow the higher TF pattern.
NSE:BANKNIFTYEducation
by TeamTaurus
3
NSE AAVAS: Impending AdvanceNSE AAVAS accomplished wave (5) of wave C at 1698 and started an impulsive cycle from the parallel channel's lower band. Prices are forming into the downtrend channel, and wave (4) breakout can give a steady uptrend for bulls. Fibonacci Clusters: 1) Cluster range of 1749 - 1738.6 . Trend-based Fibonacci extension of 0.5 at 1749, and 1.618 reverse Fibonacci of 4th wave at 1738.6 . 2) Fibonaaci externtion of 0.618 at 1683.6 . Trading Plan: If the price sustains a cluster range of 1749 - 1738.6, traders can trade for the following targets: 1835 - 1885 - 1945. Safe entry is possible after a pullback. Invalidation : Below wave (5)
NSE:AAVASLong
by forextidings
BankNifty - The Last Move / Idea for 2022Disclaimer There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Wishing You All A Happy & Prosperous New Year 2023 !!! Short Video on Bank Nifty - The last move or idea for year 2022. Last Price - 43115 Trading Strategy Plan A - Important Support Zone 42900-43000 Index taking support close to this zone, we expect upside bounce 43500-43600 zone Plan B - Important Resistance Zone 43500-43600 Kindly do your due diligence, If Index halts in 43500-43600 or close by zone upside, we expect downside move back into 42900-43000 zone Plan C - Breaking Support Zone 42900-43000 & Holding below Index while returning back if breaks 42900-43000 then we expect 42500 downside Plan D- Critical Support Zone 42400-42500 if breached on downside Falling below 42400-42500, It can attempt 41597 where we started our idea published on 23rd & 26th Dec 2022 --------------------------------- Last Ideas Published --------------------------------- 23rd Dec 2022 - Ending Diagonal Idea at bottoms of 41600 26th Dec 2022 - Bears, Bulls & Bounce 500+ Points
NSE:BANKNIFTY
by WaveTalks
38
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
NIFTY: Wait and Grab the Perfect opportunityThe rise from the Mar'20 bottom was an impulsive move which should be considered as the Primary Degree Wave-1 concluded near the zone of 18600 in Oct'21. From that top Nifty50 fell down in a corrective way and made a low of 15183 in Jun'22. This fall was not even reached to Fibonacci 38.2% retracement level positioned at 14400 zone where the previous fourth of 1 lesser degree is also placed and we have seen a rise in the Nifty to test the all time high and made a new high of 18887 in Nov'22. The rise from the bottom of 15183 is more or like a corrective rise and can be treated as part of FLAT CORRECTION (expanded Flat) or a part of COMPLEX WXY correction. As per this view Nifty is likely to hold below 19000 and fall towards 16750 /14400 and 13000 level in the coming months. The nature of the fall will decide whether we are in a C-Wave of a FLAT or we are in a Y-Wave of a COMPLEX WXY correction. As soon we reach in the zone of 14400-13000 which is the Fibonacci 38.2%-50% retracement zone we can consider that area as the long term investment zone as our Primary Wave-2 is going to conclude in that area and we should be ready for a massive THIRD WAVE RALLY in the Indian Equity market. Remember Third Waves are the "WONDER TO BEHOLD".
NSE:NIFTYShort
by TradingSutra
6