As of now consider 10944-10914 as support levels. And only below 10914 we can think of downside reversal. If wave C started from 11118 completed at 10585 then nifty needs to bounce sharply above 11118.
If you haven't shorted sbin at the rectangle box as mentioned in my previous idea , here we are getting chance to enter again. Short near 273.70 for mentioned sl and trg. Thank you.
Look to sell at said level for mentioned target and SL. Thank you.
Pattern is indicating minimum decline towards 10689-10644 range. 10940 can be the Stop loss for this trade.
currently zigzag is formed so target will atleast touch end of wave a else if stoploss hit then it will form flat correction then also look for sell with stoploss as starting point of a wave and target will be ending point of a wave.
after sharp upmove correction is now ending. one spike in upward direction and one can go long
DETAILS MENTIONED ON THE CHART. THANK YOU.
Any bounce at the rectangle box made will be short for said target and SL Thank you.
Short at the rectangle with mentioned target and sl. Thank you.
Pattern at low 10585 is indicating irregular correction which is caution for longs and Nifty can go below 10585.
In my previous idea we were short and yes we are in short term. But 15 min chart shows buliishness for target mentioned. Trade with care. Thank you.
If I am not missing anything then here is the two scenarios. If it doesn't fall from current level and touches 171.9 level, then we will wait to short(after reversal move) near 178/9 level with sl 185.05 and target 124. If it falls from current level we will look to short after clear signal with sl 179.9 and target 124 Thank you.
Litecoin has entered into the corrective phase of the Elliot Wave Pattern. Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown. The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going...
Litecoin has entered into the corrective phase of the Elliot Wave Pattern. Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown. The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going long....
Most probably EOS will touch the 200-day moving average resistance which is going to be a strong one. Further, it will go down to retest the 100- day moving average support before making a bull run breaking the 200-day resistance and above.
Ready for Elliotte wave 5 - go long Has made a cross over of 8, 13, 21 and 55 sma If it crosses 145 then buy for target of TGT 1 - 152 TGT 2 - 156 SL - 138
Expanding diagonal formation on daily chart