850 minimum target of wave 3 1100 is most probable target which is near 1.618 fibonacci levels. Long with Stop-loss given on chart. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance...
After a lot of choppy sessions & an upside move , crude struggled the level of 64.5 $ & bears took control over there. As per the current structure we can anticipate a zig-zag correction having wave B completed at the level of 64.4 $ . We expect a downside movement to break the level of 57$ at least. The key level should be watched 64.5 as the SL,
Current structure suggest that EURUSD has formed an ending diagonal. One should go short in the region of 1.21250 & look for the immediate target of 1.1950
Nifty witnessed its daily momentum going back to buy mode. The hourly chart above shows an attempt to break out on the upside of this triangle that would be successful once we close above 14770. an impulsive move upwards has been presumed from the low of wave E and apart from any small dip should continue to drive us higher. The only thing still missing are...
Considering wave 4 has been palced , one should go long on this stock maintaining SL of 43 & look for the targets of 60/65 and 85 in wave five formation.
After a sizeable correction the stock is moving up from the base impulse channel. One should buy the stock from current levels & add on dips , maintaining the SL of 550 and look for the targets of 650/670/725 as the wave five formation.
CURRENT STRUCTURE:WXY DOUBLE CORRECTION CURRENT LEG:WAVE Y(ABC) CURRENT INTERNAL STRUCUTRE: WAVE A COMPLETION LOOKS LIKE EICHER MOTORS HAS COMPLETED IT'S WAVE A OF HIGHER DEGREE WAVE Y SECOND CORRECTION.PRICE IS MAKING HAMMER CANDLE STICK PATTERN WHICH IS A SIGN OF BULLISH REVERSAL.ALSO PRICE WISE IT HAS A SUPPORT OF 61.8% EXTENTION OF WAVE W @2340. LONGS CAN...
Wave 4 (the impulse started from Mar'20 low) was completed as triple-zigzags correction and wave 5 is already started. Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
U.S. Dollar / Japanese Yen 480 Mins Chart (log scale) Bullish Sequence FX:USDJPY
A detailed Elliottwave correction is labelled. A large wave 3 impulse was followed by an expanded flat Wave 4. We may have just completed a wave v or 5 of c of C of 4- which has taken the shape of an Ending diagonal. This has also ended at the previous Wave 4 which is typical such corrections. This seems to have ended wave 4 - a large ABC expanded flat. If the...
LEVELS are marked in the chart , These are the strong support and resistance in the upcoming market. Double bottom in 30 mins timeframe And as per the chart pattern the market has moved up. Now it has hit the strong resistance at 4691, and its time for a reversal which is a down rally. We also need to check the inventory release for tmrw and involve in...
Long near 550-60 SL 476 tgt 840+ DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study 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...
After a whole 1 year from march 2020 to april 2021 , the currency pair EURGBP has shown a corrective structure of three waves , Wave- a , wave-b as a triangular wave, and wave- c of impulse decline. The weekly price action suggests that there is quite bullish reversal chances from the recent bottoms. The evidence can be considered with the help of Bullish...
Require serious Elliot wavers to comment on it . If u feel otherwise kindly comment with reasoning . Regards
Since March'20 low, an impulse has been in progress. Now wave 5 starts and heading to new high. Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
BINANCE:FILUSDT Wave 4 is trying to support at the ideal retracement %50 rate of 125.50. Posibility of being 15% skid down , a stop limit should be placed on the 129. Can be taken Long position with 129(1.147 FiboRet) or 123(1.618 FiboRet) stop limits...
Easy target 600-50 channel top. Potential targets 730+, 1.618 fibonacci extensions comes 900+ Agressive targets with SL 432. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study 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...
BAJAJ FINANCE LTD Bullish Sequence Daily Chart (log scale)