BALUSDT can bounce on Elliot wave CBALUSDT can bounce on Elliot wave C or on 4hr orderblock BINANCE:BALUSDT.P
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JK Paper: In Elliot Collective WaveWe are looking into long term trend of J K paper in weekly timeframe with the help of Elliot Wave and Fib.
Here are our observations:
We are actually in the corrective A,B,C phase of wave formation.
The recent move of around 365 to 400+ is the wave-B of corrective wave-A,B,C.
The major corrective wave-C may be extended upto the 61.8% (Golden Ratio) of Fin retracement (which is around 300).
CRUID OIL ELLIOTT WAVE ANALYSIS 22.2.21BUY 58 TO 56.589
TARGET 71
Reason For Buying This Script :
In weekly frame it is forming the Elliott wave it is having good potential to move upward. so we can go for buy.
Now it is in correction mode . Use this opportunity and buy at this levels 58 to 56.589.
once it cross 71 and close above 71 in weekly time frame means next target up to 87 .
Note :
Above given levels are based on weekly time frame . It will take some days to achieve the target, So be patience.
Above given target are in USD .
All the best ...
SBI in a flat correction - Elliott Wave TheoryI have applied the Elliott Wave Pattern. The third wave is including a contracting triangle, and the fifth wave is including an ending triangle. Hence, the State Bank of India's (SBIN) cycle of the corrective wave started after the fifth wave.
There are two scenarios if it crosses 61.8% , C will be around 205 , and if it does not crossover the retracement level of 61.8% , C will be at/nearby 195 . These levels are target prices for the day traders.
MCX Silver's Next Target 65200 by the Elliott WaveHere, I have applied Elliott wave , moving average , volume , and MACD . Wave 4 can be steady or sideways for a while. Overall, silver is in an uptrend. Safe investors can buy silver at wave 4 for the following levels:
Intraday Targets: 62100 - 63300
Positional Targets: 64260 - 65200
At present, moving average and MACD throwing upward signal by crossover. Technically, multiple volume spikes are a great sign of a bullish trend.
USD/CAD Elliottwave I’ve mapped out an Elliott Wave structure for USDCAD on the 2-hour chart. Currently, the pair is progressing through the wave sequence, and I’m anticipating a final push to complete the 5th wave around the 1.4160 level.
🔹 Key Levels to Watch:
Potential retracement zones for waves 3 and 4 are highlighted, which could present good opportunities for those looking to enter or add positions.
This chart is free for everyone—feel free to use it as part of your trading plan! 🙌
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#Forex #ElliottWave #USDCAD #TechnicalAnalysis #Trading
Nifty50 Elliott wave analysisFor Week (9th to 13th Jan 2023)
#Nifty50 is Five impulses in down ??
It is interesting to see 4th wave correction unfolding.
Is it completed or going to unfold more complexly??
hmm, Have you noticed 2nd wave was inverted flat?
It might be possible that 4th wave has been over at 18266.
I need more confirmation around 17950.
If fails then we may see the 5th wave towards 17585 in the coming week.
#elliottwave #nifty50
IDFCFIRSTB on Weekly Chart- Elliott Waves - LongIDFC First Bank has completed one Elliot Wave cycle with an impulse wave 1-2-3-4-5, starting from INR 18.5 and ending at INR 69.25, and a corrective zig-zag wave A-B-C, ending at INR 40.7. This cycle is a formation of a bigger wave, wave 1 & 2 (which is not marked in the chart). If the analysis holds true, wave 3 has started.
Trading guidelines:
1) Aggressive Trade (arrows shown):
-Entry when the extreme of wave 4 of corrective wave C is broken, i.e INR 52.5
-Stop loss at the end of wave C, i.e INR 40.7
-First Target close to INR 62. This is because there wave B ended and also, there seems to be a strong resistance (conformed by standard pivot point & also on monthly chart)
-Second Target close to INR 75. This calculated on the basis of getting a reward-risk ratio of close to 2:1.
2) Conservative Trade (arrows not shown):
-Entry when start of wave B is crossed, ie close to INR 62.
-Stop loss at the end of wave C, i.e INR 40.7.
-Target close to INR 106. This calculated on the basis of getting a reward-risk ratio of close to 2:1.
Extra:
On checking for fib relationship between bigger wave 1 & 2, wave 2 was expected to reach INR 39.7 (0.618 retracement). However, it reached INR 40.7 as the low, which is close to 0.563 retracement.
SUBEX - Dream-Surfing the Elliott Waves!Elliot Wave Theory
5-Wave Impulse Pattern Complete!
(1-3-5 motive upward waves, with 2-4 being corrective)
3-Wave Corrective Pattern Complete!
(Wave 5-A equal in length to B-C)
Consolidation within Pennant formation.
HUGE breakout from the Pennant with HUGE volume.
Could be start of the next set of Impulse Waves!
Happiest Mind Elliot Wave 5 Impulsive waves done?According to Elliott Wave principle, the 5 impulsive waves are followed by 3 corrective waves.
Is the party over for Happiest Minds ?
Let me know your views.
Elliott Wave Grid - Weekly log scaleRequire serious Elliot wavers to comment on it . If u feel otherwise kindly comment with reasoning . Regards
Elliott Wave counts on Cycle levels -Petronet LNG Petronet LNG Cycle level Elliot Wave Counts look Probable rally in coming days, because now started a dynamic 3rd wave with nice targets on upside. NSE:PETRONET
Elliot Wave Formation - FSLThe parallel trend channels typically mark the upper and lower boundaries of impulse waves, often with dramatic precision. Wave 1 and wave 3 are in sync with Elliott's rule which means formation of wave 5 is clear here. Wave 5 with uptrend and clear increase in its volume shows possible penetration into uptrend.
Possible up move will see around 78,in failure case the price may break the parallel channel below around 70 range.
Please support my ideas and share if you like. I will take my mistakes and improve, please feel free to point it out.
Thanks.
Elliott wave count: we are in Wave 4-5I will present my way of counting Elliott waves to identify the upcoming local top of BTC. Each Elliott wave researcher and practitioner will have their own way of counting, and each counting method has its own basis and weaknesses. I hope to receive feedback from traders who use the Elliott method. For those traders who do not use this method, please feel free to refer to it if you find it interesting or useful.
1. BTC has broken the downtrend from the end of 2021, and I consider the start of the impulse wave to be late November 2022. Wave 0-1 extended until April 2023.
2. The duration of Wave 1-2 is not shorter than the duration of Wave 0-1, therefore Wave 1-2 ended in August 2023.
3. Using ExFibo, I determined that Wave 2-3 = 1.618 Wave 0-1. Wave 2-3 ended in March 2024.
4. The duration of Wave 3-4 is not shorter than the duration of Wave 2-3, therefore Wave 3-4 ends in September 2024.
5. The most important thing right now: predicting Wave 4-5.
Wave 2-3 was larger than Wave 0-1 so there is no limitation for Wave 4-5. I can list some cases that we can follow:
a) Wave 4-5 = Wave 0-1 => BTC may form a local top at ~$103K.
b) Wave 4-5 = Wave 2-3 = 1.618 Wave 0-1 => BTC may form a local top at ~$155K.
c) Wave 4-5 = 1.618 Wave 2-3 = 2.618 Wave 0-1 => BTC may form a local top at ~$295K.
in ABC zig zag correction will formed Wave CFall expected for Wave C
Apollo hospital in ABC zig zag correction
Fib retracement done 61.8% on ,Monday Fall is expected
This for study purpose
AUD/USD Elliottwave analysis Monthly analysis of AUD/USD suggests we may see around 2000-3000 points of 3rd wave in coming years.
3rd of the 3rd is under progress if the low will not break the downside. If everything is as planned then we may see 0.86 soon .
A corrective Structure ((a)) = ((c)) Elliott Wave.Corrective Structure ((a)) = ((c)) Elliott Wave.
By using Fib. Retracement wave ((a)) = ((c)) at 1307
There's highly confident trade setup can be below ((a)) = ((c)) for bottoming out.
The price is under the wave ((5)) of wave ((c)).
By looking closely, it's time to take entry in the deeper price for a u-turn.
The wave ((a)) and wave ((c)) also sign of a turning. This is a beautiful structure.
The whole corrective structure by using Elliott wave.
A parallel- Channeling technique :
Shortly, I will add more research on this post.
Exideind ,elliot wave, fib extelliot wave analysis. 3rd wave may started in exideind target can be 176 178 and 5th wave target -184-86
Elliott Wave View in NIFTY 50 IndexNSE:NIFTY
Elliott Wave View:NIFTY 50 INDEX (NIFTY) Looking to Extend Higher, could be an (EXPANDED FLAT)? (Short-term update) Exhibit 1st Interpretaion
February 09, 2022 By Diensh Naidu
The short-term Elliott wave view in NIFTY 50 INDEX (NIFTY) shows that we are looking for more upside to complete a 5 waves impulse structure, before a 3 swings pullback at least. A pullback in wave b ended at 16825.50. NIFTY then resumes higher in wave i with internal subdivision as another impulse (Diagonal) in a lesser degree. Up from wave a, wave b could end around 17511.8 to 17640.5 odd levels or else it could be an steep correction.
Wave ii pullback is building already and we are expecting an ((a)), ((b)), and ((c)) zigzag correction to complete it.
NIFTY should bounce again after end of wave ii to continue the rally and it needs to break 17800 level to confirm that wave 5 has started. The view of the wave b is valid as we stay above 17800 mark.
Disclaimer: The investments discussed or recommended in the market analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and only after consulting such independent advisors as may be necessary.
Elliott Wave analysis in TATA POWER !! we can see the chart off TATA POWER currently obeying three Wave of Elliott Theory
- Wave (2) retraces Wave (1) about 21% (we can call it as flat correction)
- Whereas Wave (3) retraces Wave (1) about 163% (which is exact % of Elliott Wave Theory)
- by the way we can expect Wave will retraces about 100% Wave (1) n , that will be short term Target of 210
- expected Wave (4) will retraces about 50 % n, here is our ENTRY in between 172 to 184
- with the STOPLOSS of 167 just below the crucial short term support level
- Volume also obeying with Elliott Wave Theory
- i hope that it will help a lot , do like n follow for more
have a nice day ...
Elliott Wave _ HDFC LIFEThe analysis base on Elliott Wave Theory -resembles the Dow theory (HIGHER HIGH-LOWER LOW) means stock prices move in waves.
Elliott wave has two parts :
a) Impulse wave (Point 0-1, 2-3) , which net travels in the same direction as the larger trend, always shows five waves in its pattern.
b) Corrective wave (Point 1-2, 3-4) , on the other hand, net travels in the opposite direction of the main trend.
Five waves move in the direction of the main trend, followed by three waves in a correction (A,B,C).
In HDFC Life, 5th waves may give upside movement of 20%. Currently stock is consolidating - buy the dip.
SBI Life forming Bullish reversal Elliot wave pattern! SBI Life is forming Bullish Reversal Elliot wave pattern on 1 Hour Time Frame.
Waves are not matching exact specifics of Elliot wave theory, but chart is showing strength to surge ahead.
With Positive Quarterly results in back and optimism of upcoming union budgets, I believe SBI Life will be good pick for swing trade.
SL & Targets are mentioned on the chart... Look forward for feedback to correct my charting / analyzing skills.
Regards,
Ravi B
