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BTCUSD possible Elliot wave counts of bitcoinHello Friends, Here we had shared possible Elliott wave counts of BTCUSD-BITCOIN on 4 hourly chart, in which we can see post bottom formation in November 2022, bitcoin had started motive journey towards north direction as a fresh impulse wave. In which we had completed wave (1) & (2) and now we are unfolding wave (3), in wave (3) we had completed wave 1 & now possibly we are unfolding wave 2, in which we are having subdivisions as wave (a), (b) & (c), here we are possibly in wave (c) right now, post completion of wave (c) we can assume that our wave 2 should be complete and fresh impulse as a wave 3 should start towards north direction. whereas invalidation level is mentioned on chart at 19569 because wave 2 will never retraces more than 100% of wave 1 as a wave principles. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
BITSTAMP:BTCUSDLong
by RK_Chaarts
Long Godrej PropertiesGodrej Properties is look good to buy. Selling pressure is reduced from the stock. Currently Stock is taking rejection from 200 EMA and support near the 1150 price level. Currently, 1150 INR is looking for good support for the stock and in the last trading price closed crossing 30 EMA. CMP is a good price to go long in the stock because here risk-reward is favorable. As per the Fibonacci tool, we can consider 1450 INR 1st the target and 1650 INR second target.
NSE:GODREJPROPLong
by Gaurav_Kumar01
Elliotical Approach to US30 Short.Hello Traders! 1. The US30 market is on the verge of completing its 2nd wave of Wave C of the complex correction as originally published in a prior idea (link attached). 2. We see an ending diagonal forming in the 1hr tf at the moment. 3. Also, wave 4 often divides an impulse into harmonic ratios. There can be that possibility with the division of 61.8% and 38.2% (total 100%). We take this possibility into picture because we also have the retracement level of 78.6% of wave 1 at almost the same level. 4. What is an invalidation level ? It is the level at which are analysis will have been wronged. So, in this case, if US30 market goes above 34950, our analysis will be wronged and we will have to look for a new picture. That's how accurate Elliot Wave Theory is! 5. Clearer targets will be available when we have a clear impulse down. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
OANDA:US30USDShort
by UnknownUnicorn27677748
My Elliotical Approach to XAUUSD Short. Hello traders! 1. I see a clear 5 wave impulsive structure and then a correction to 88.6% Fib . This is important as most 2nd waves tend to move till 78.6% to 88.6% Fib. 2. We also have a confirmation of a double top candle pattern in 30min tf. 3. The expected target can reach 161% of wave 1 and 2 after using trend based Fib extension. This is because most 3rd waves tend to go till 161% of wave 1. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
OANDA:XAUUSDShort
by UnknownUnicorn27677748
BankNifty - The Last Move / Idea for 2022Disclaimer There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Wishing You All A Happy & Prosperous New Year 2023 !!! Short Video on Bank Nifty - The last move or idea for year 2022. Last Price - 43115 Trading Strategy Plan A - Important Support Zone 42900-43000 Index taking support close to this zone, we expect upside bounce 43500-43600 zone Plan B - Important Resistance Zone 43500-43600 Kindly do your due diligence, If Index halts in 43500-43600 or close by zone upside, we expect downside move back into 42900-43000 zone Plan C - Breaking Support Zone 42900-43000 & Holding below Index while returning back if breaks 42900-43000 then we expect 42500 downside Plan D- Critical Support Zone 42400-42500 if breached on downside Falling below 42400-42500, It can attempt 41597 where we started our idea published on 23rd & 26th Dec 2022 --------------------------------- Last Ideas Published --------------------------------- 23rd Dec 2022 - Ending Diagonal Idea at bottoms of 41600 26th Dec 2022 - Bears, Bulls & Bounce 500+ Points
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NSE:BANKNIFTY
by WaveTalks
38
NIFTY OUTLOOKIn the Previous Nifty Outlook, I mentioned on 13th or 14th Oct, the low will be formed before a good bounce that is expected to be made. Nifty made a low on 13th and gave a huge Gap up on 14th.. And previously the support level were 17081 incase of the gap down of 10th Oct and once if it breaks gradually the next support was 16900. Nifty made huge gap down on 10th Oct and a low at 17064.70, Just 15 points from the mentioned level and rallied perfectly on Intraday Basis. And during the entire week a low of 16950 was punched on charts. In the coming week, I expect nifty to be range bound from 16947 to 17442 , unless the zone of 17442-17561 is not broken, a good up-move can't be seen. In case a major breakdown is seen it will be for 16637 below 16947 on closing basis. The reason I am bullish despite of the bad news in the streets is because of the chart of Dow Jones. Dow is at 250 weeks MA and has respected it beautifully in these weeks.And this helps me to be optimistic about global markets. Until and unless this support is not broken I don't see a major correction in future but a support retest won't be a impossible scenario. If you find the post useful, please do like because that's what keep me motivating. CHART & ANALYSIS ADARSH DEY LINK TO THE PREVIOUS WEEK NIFTY OUTLOOK:
NSE:NIFTY
by AdarshDey
Bank Nifty - Penultimate Wave ( Triangle )As per our discussion since morning 38800-38825 has been important zone. Few reversals were seen right from that zone. Hope you enjoyed. Banknifty - Patiently waiting, Index structure looks like unfolding a #triangle- the penultimate wave. Penultimate wave This is the last wave & sudden reversal can happen at tops. Trading Strategy Means holding our key zone 38800-38825 or Safe Traders Buy above 38900 Index can push upside for 38950-39000 / Crossing 39000 - Hold for more but also be careful at the tops as sudden reversal can also happen. Thank you Targets 38950 Above 39000 - 39100/39200 Later Reversal for downside targets...
NSE:BANKNIFTYLong
by WaveTalks
8
USDMXN Trading Plan - 18/May/2022Hello Traders, Hope you all are doing good!! I expect USDMXN to go up after this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Long
by For3xScalper
CHFJPY Trading Plan - 16/May/2022Hello Traders, Hope you all are doing good!! I expect CHFJPY to go up after this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Long
by For3xScalper