Overview: Abbott India has accomplished the impulsive wave 3, and the price is forming corrective wave 4. Price has occurred the sub-wave A. and Sub-wave B. Sub-wave C of 4th wave is in progress. After completion of wave 4, the price will start its bull run. Fibonacci relationship and wave Formations: Wave ((1)) is a five-wave impulse. Wave ((2)) retraced ...
Timeframe: 2h As per our previous idea, we have identified a market scenario characterized by supply pressure and bear dominance. At a price level of 44154, we observed the occurrence of Wave (3), followed by a corrective phase known as Wave (4). Wave (4) exhibited a double three pattern. Currently, the price is in the process of forming the final sub-wave (c)...
Timeframe: Daily Nifty has accomplished its double three correction (w) - (x) - (y). Price had risen rapidly after the completion of wave c of wave (y). According to the wave principle, Nifty can only confirm its trend after breaking wave (x) of a complex correction. So, the price must have sustained above 18111 . It is also a higher low, and the price may...
Timeframe: 4h As per the chart, Britannia has accomplished the sub-wave B of wave (4) and started forming wave C. If the price breaks down the low of wave c at 4314 , Traders can sell for the following targets: 4266 – 4236 – 4214 . A trade should only be initiated after a breakdown has occurred. There are two price clusters where prices can reverse: ...
Timeframe: Daily 3M India has given a good move after 100% extension of wave A. Note wave A = B is at 21368.9 . Price entered into the corrective channel, which signals an impending bullish move. 22292 is a pivot level for 3MINDIA. Wave C is the ending point of the correction, and traders can trade for the following targets: 22564 – 22850 – 23282 . There...
A new impulsive structure has emerged from the low of 265.5 in natural gas. Price has accomplished wave (5) and started the zigzag correction at 801. Currently, Natural gas is forming sub-wave 5 of impulsive wave C. Natural gas has also broken down 200 EMA and the base channel of 2 – 4 wave, which signals bearish momentum. It has faced strong support of ...
In the previous idea, we initiated a short position in NSE BRITANNIA to trade wave C of wave (4). Price reached all the given targets. - NSE Britannia – The Last Move of Correction Timeframe: Daily NSE BRITANNIA has accomplished wave C of wave (4) and started rising for an impulsive wave (5). This corrective wave (4) has a 38.2% retracement, one of the...
Timeframe: 1h BANKNIFTY(SPOT) has experienced a strong upward movement from 38613 over a period of 12 weeks, indicating an impulsive cycle. The price has completed a motive wave (3) and is now in the process of developing a corrective wave (4). The current price movement is part of a corrective structure, as it has broken below the acceleration channel and is...
Almost 1 year having the price consolidating in the zone, i think we might have a very strong case for bitcoin to make a comeback.
We have 4hr premium arrays And 15m sell reversal price action
Price reached to premium sell ob where Liquidity trapped and premium Array under 4h FVG
Oil made a perfect price action in higher time frame As price alredy did HTF reversal It confirmed in LTF also
Timeframe: Daily NSE ABFRL has been forming into the corrective formation for more than 15 weeks. This manner of the price is corrective because it is falling steeply into the channel. As per the rule of the channel, the corrective wave respects the channel because they don’t have the power to break out from the parallel lines. The impulse breaks the channel,...
All major points are clearly plotted on the chart, if you have any query or doubt, can contact me through below comment system... This analysis is invalid if XAUUSD cross upward the point 1925... Thanks for your support...
All major points are mentioned on the chart itself... These points are as per previous chart history with my calculation... Do your own research before entering into the market... Thanks for your support...
As per my calculations and previous chart history, I am going short but with tight stop loss according to my risk management and I will set a buy stop in that case.. All main points are also projected on the chart... Please do your own research before taking any decision of trading in this volatile market... Local Support @1920.079 and Sell Stop @1929 with TP1...
Set Buy Stop @ 161.017 with TP1 @161.344 TP2 @161.000 TP3 @161.275 Alternatively, Set Sell Stop below 160.530 with Stop Loss 161.000 TP1 @160.204 TP2 @160.007 TP3 @159.807
All buy/sell points with TPs and SL are mentioned on chart... You can observe the candles before quick trade setup... For accuracy of my forecast, you can check my previous chart of GBPJPY in my profile section... Please do your own research before entering into the market... Thanks for your support...