"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a correction."
"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a correction."
"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a correction."
#AXISBANK completed a 5 wave impulse on a daily timeframe the low of Mar' 20, Wave 3 is 1.318 of Wave 1 Wave 5 is 0.786 of Wave 1 Wave 4 retraced 0.382 Wave 3 Now the correction phase is on, forming an extended flat after a 5.
#TSLA forming a good impulsive structure on a weekly timeframe from its low of 2010. Where are we now? We are in the 5th wave of parent wave (3) which must cross the level of previous high for the counts to remain valid holding the level of 152.10. We can see a target of 1.5X to 3X from here. Trade at your own risk. Regards.
Hello Friends Here we had shared possible Elliott wave counts on chart of USDINR, which is clearly showing that on bigger scale we are in 5th wave of some higher degree, in which we had finished wave (1)-(2)-(3) and currently we are in either in wave (4) or in wave 2 of wave (5). Also both scenarios are discussed in this video post, you can go through this video...
"Good morning! As of July 4th, the global market is showing a neutral start with a bullish market sentiment. It might follow the previous rally. If it experiences a pullback similar to that, we can expect the rally to continue with a minor correction. On the other hand, if the initial market experiences a sharp decline, we can anticipate a 23% to 38% Fib correction."
"Good morning! As of July 4th, the global market is showing a neutral start with a bullish market sentiment. It might follow the previous rally. If it experiences a pullback similar to that, we can expect the rally to continue with a minor correction. On the other hand, if the initial market experiences a sharp decline, we can anticipate a 23% to 38% Fib correction."
"Good morning! As of July 4th, the global market is showing a neutral start with a bullish market sentiment. It might follow the previous rally. If it experiences a pullback similar to that, we can expect the rally to continue with a minor correction. On the other hand, if the initial market experiences a sharp decline, we can anticipate a 23% to 38% Fib correction."
#Banknifty on 4 hour chart seems to be doing a double three combination, as I understand from the EW theories from several sources that Double three is a sideways combination of two corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. It is possibly in last phase of its...
Hello Traders! 1. The idea was originally published on 19th Feb and will be attached. 2. We see a break of the 25250 high as we had expected in the previously published idea. 3. BTCUSD tested 161.8% level and fell over 2000 points in a couple of hours. Not a mere resistance, it's much more than that. 4. Some consolidation is expected before we place...
I am a student of the Market. I am studying EW Indicator. So You know that I am not a pro trader. I like to publish my IDEA about NIFTY50 . It is a possibility of a Down move in NIFTY50 or Maybe not...!!? Let's See what happens.....
NSE:ABFRL Elliott Wave Theory Suggests a New Uptrend Description: ABFRL stock has given a breakout and retested the breakout level. This is a bullish sign and suggests that the stock could be starting a new uptrend. According to the Elliott Wave Theory, if the stock breaks above 217, it could reach 241. A stoploss of 205.45 is recommended. Technical indicators...
why exactly do I need to express what's pretty understandable through the counts and charts, eh tradingview?
I'm expecting to see correction starting on NIFTY this week. Very much probable that we are already in wave 3 given the current strength, but that doesn't really sits well with other indicators and count per se.
I prefer the count to be 1-2, 1-2 on HTF as the two larger (possible) corrections doesn't seem to have alteration as it should be in regular motive wave. I didn't indulge into details too much as the count doesn't really matter on larger level, until we have consensus on current form of wave.
Hello Friends, Here we had shared possible Elliott wave counts on copper international chart. Good thing is wave counts are aligned with each others in multi time frames, Over all it looks good to go long as per wave structure, whole scenario is shared in this video post, so please go through out this video post to understand the Analysis of copper as per Elliott...
On hourly chart HDFC Bank has completed impulsive phase, its corrective phase is to begin, we can expect the target of ~1650 Divergence on RSI is also visible