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MARICO ELLIOTT WAVE ANALYSIS 08.03.2021BUY 390 TO 382 TARGET 483 TO 531 Reason For Buying This Script: There are two conformation to buy this script. In weekly time frame it is forming Elliott wave . In monthly time frame is has broken the box break out . Now it is retest moment is happening , So we can go for buy . Box break out target up to 567 Note : Above give levels are based on weekly & Monthly time frame. So it will take some days to achieve the target , So be patience. ALL THE BEST..
NSE:MARICOLong
by dayanithi555
EURGBP ELLIOT WAVE ANALYSIS VIEW: EURGBP has been in down trend for a while ; now showing some symptoms in the lower time frame (2hr) as if its ready for a bounce as per Elliot Wave Analysis. STRUCTURE/PATTERN/ Technical Event: # Impulse(1-2-3-4-5)+ correction sequence; # Trendline breakout possibility near invalidation point or near demand zone # Accumulation symptoms near Demand Zone. Trading plan: #for seasoned traders: Entry with breakout confirmation with SL below "Invalidation point". one can exit if trades single lot @ first target; multiple lots can be exited 70% at the 1st target and the remaining @ the 2nd target Risk Management: never risk more than 2% of one's trading capital....for the entire trading portfolio.... Good luck
Long
by ravaye27
#WTI CRUDE OIL #NYMEX CRUDE OIL #ELLIOT WAVE BIGGER PICTURE OF CRUDE OIL ---- ELLIOT WAVE CRUDE OIL HAS BEEN IN CORRECTIVE MODE SINCE JUL 2008. I HAD 4 HURDLES FOR CRUDE OIL TO BREACH ITSELF TO GO TOWARDS ITS LIFE TIME PEAK....BY THE TIME I MPOSTTING THIS...ITS ALREADY THROUGH WITH THE 3RD HURDLE..... CASE 1: IF CRUDE OILS UNFOLDS INTO MOTIVE WAVE SEQUENCE(1-2-3-4-5) AND ALSO BREACHES KEY LEVEL FOR BULLS AND BEARS....IT MAY RESULT IN POSITIVE STRUCTURE FOR CRUDE OILS...BULLS WILL BE MORE COFIDENT THEN ON....WILL UPDATE THEN ABOUT ENTRY OPTIONS FOR TRADERS...BUT THIS SCENARIO IS NOT GOOD FOR ECONOMIES IMPORTING CRUDE OIL.... CASE 2: IF CRUDE OIL FAILS TO BREACH THE KEY LEVEL FOR BULLS AND BEARS....BEARS MAY START SMELLING HONEY IN CRUDE ! AS OF NOW BULLS PARTY IS ON....
TVC:USOILLong
by ravaye27