Elliott Wave Flat Sequence with Wave C Ending Diagonal
In Elliott Wave Theory, a flat sequence typically consists of three waves: A, B, and C. The pattern is generally labeled 3-3-5, indicating the wave structures.
Wave A: A corrective three-wave move.
Wave B: Another three-wave corrective move, often retracing Wave A by 90% or more.
Wave C: A five-wave move,...
Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
Fundamentals:
Institutional Trust:
A significant holding by Domestic Institutional Investors (DIIs) compared to Foreign...
Elliott Wave Analysis:-
Flat correction taking place.
Slight bull is expected before a fall (or)
This may be beginning of a bull run for a short period of time.
We have to watch the wave formation.
I am not a SEBI registered advisor.Before taking a trade do your own analysis or consult a financial advisor.I share chart for education purpose only.I share my...
Elliott wave analysis:-
Running Flat took place with B wave as triangle. now an upside move is expected.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
Elliott wave analysis:-
View 1:-
if it is a BULLISH triangle then it will break upside and the entire pattern next to w) wave is TRIANGLE X) Pattern.
View 2:-
If X wave was flat correction then a) wave was completed and b) wave was a BEARISH triangle and C wave has to break downside and the target will be same size of a) wave.
i am not a...
Elliott Wave Analysis:-
Waiting for TRIANGLE BREAKOUT. Once the breakout took place then we decide the move of the wave .
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
Elliott Wave Analysis:-
View 1:-
A fall was completed an impulse 1st wave seems to be completed and an correction 2nd wave seems to the impulse was taking place.
If the high 18.85 was not broken then the previous low 8.50 have to break and we can accumulate around 5-7. which will be a safe bet. It has 70% govt holdings. only reason to touch this chart. if...
Elliott Wave Analysis
A correction is taking place and A wave was completed and B wave was a triangle formation.
If it break the 22.11245 then we may expect to 20.62285 - 21.27841.
Elliott Wave Analysis:-
FLAT correction
View1:-
a) wave correction was over and in b) wave correction c wave is pending either it should close above 658.75 then it will form expanding flat if it close below then it is a regular flat and it is expecting a break a) wave and it would reach the level of 533-549 .
View2:-
a) wave was...
Elliott Wave Analysis:-
Due to some management changes in bank there are certain fundamental changes taking place. Let the cloud get cleared, until that we wait for the clear sky.
View1:-
triangle pattern.
B wave was formed.
Once C,D wave was formed then we can enter into the trade.
until that we watch the wave formation.
1631 as stop loss we enter...
Shorters should be aware and cover their shorts at strong support level given on the chart . For people who want to go long should wait for reversal signals like hammer , morning star , bullish kicker etc which have become support in action at the levels indicated below for wave ((V)) journey
Gold Wave 3 ended after Covid Rally at 2075$ then went in consolidation for long time.
Wave 4 is in progress which is looking like Flat ABC correction which 3-3-5 waves pattern
Wave B retraces 90% of A and then Wave C breaks low of A.
Wave C is 5 wave impulse or diagonal structure
Wave C in this case could be Ending Diagonal Pattern which is expected end between...
If you Like Analysis then consider donating Tradingview Coins with Cheers!! :)
First Look at larger picture on daily chart that we are in Triple three complex correction
We are expecting wave iv or 4th wave of C to be Triangle but its advance assumption.
Until wave D of triangle completes and bounces it can't be confirmed but consolidation still doesn't looks...
On a larger degree front , AUDUSD made a 3 down & 3 up wave formation which suggests that a FLAT pattern is in formation,as long as it maintains below the previous highs. An ending diagonal is forming on lower degree as wave-c which suggests that the 3 up formation is going to exhaust . We should see a five wave down rally if the flat corrective pattern is forming !
TREND ANALYSIS & TRADE SETUP !
UPDATED CHART !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 15-17 Times
