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Wave Analysis

Tata Motors-2-Chart AnalysisTata motors CMP:786.45; RSI: 36.35; TATAMOTORS has completed 5 wave impulsive -Primary Bull cycle phase on weekly chart basis and now in corrective of ABC wave in formation . Corrective Wave-A has bottomed out and wave-B may give a swing trade opportunity for aggressive trader . This wave-B may take the Tata Motors shares at levels of 969-980 levels. In Long term view is still avoid and fresh entry is suggested only for swing trade. On daily chart basis, also 5 wave structure has formed as identified in chart structure, It suggest script will now reverse as it has entered wave-a formation. Chart structure suggest a swing trade is open. The key crucial levels are listed below Swing Trade Target 1: 969-980; Target 2: 1000-1020. Stop Loss : 710 ✅ For more trading ideas like this, please like, share, and follow my Idea Stream ✅
NSE:TATAMOTORSLong
by DrPrashantVerma
An Exchange at a discount!!MCX CMP 5875 Elliott- Thats an expanded flat corrective pattern. The B leg gives a false breakout and then breaks down and closes way below the end of A wave. Here C is 1.618 of A. Fibs- That it has halted at 50% from a higher swing is an indication that the trend is strong and intact. RSI - the oscillator is above its bull zone. Hence the trend is intact. MA- Its also at MA support. Conclusion - the stock is down 16% from the highs and is a good buy for next six months to a year.
NSE:MCXLong
by singh17vivek
This correction is an opportunity!!Trent CMP 5750 Elliott- This is the zig zag corrective pattern. The A wave and C wave are generally equal or C is 1.618 of A. Here they are equal. Fib- that zone at 5428 is a strong support. In my view this zone will hold. RSI- At this support the oscilator is taking support above the bull zone. Hence the trend is strong and intact. Conclusion - at CMP the stock is still down 30% from the highs and in my view its a very good buy for next 6months to a year.
NSE:TRENTLong
by singh17vivek
Silver holding buy trade from 94250 , Target 97100How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityForexJaiprakash
Natural gas holding sell trade from 285, , Target 275How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:NATURALGAS1!Short
by EquityCommodityForexJaiprakash
Holding buy trade on gold mcx from 83050 , final Target 84830How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!
by EquityCommodityForexJaiprakash
BTC#11: Will BTC rise or fall?. Market structure perspective 💎 💎 💎 Did you make a profit in post #10? Please share and comment your thoughts 💎 💎 💎 🔥After the Monday morning dump, we witnessed an amazing recovery of BINANCE:BTCUSD . Market sentiment has improved significantly. We continue to plan for BINANCE:BTCUSDT as follows:🔥 1️⃣ **Fundamental analysis:** 📊Data: Stablecoin on-chain trading volume decreased by 10.5% in January and legal CEX spot trading volume decreased by 18.2% 🔴According to Bybit CEO Ben Zhou, the total value of actual crypto liquidations is higher than $2 billion, he estimates this figure at around $8-10 billion. 🚀Donald Trump signed an executive order to establish a US national investment fund. 📌 In general, market liquidity is falling sharply, the loss after the recent correction has brought a cautious mentality to the majority of investors in the cryptocurrency market. 2️⃣ **Technical analysis:** 🔹 **D Frame**: Yesterday's D candle marked the amazing recovery of BTC. Currently, the price structure of frame D is still maintained as an increasing price structure. 🔹 **H4 Frame**: Gives us a different perspective. Although BTC has recovered, the price structure of frame H4 has not been broken. We will have to wait a while before seeing a more positive signal 🔹 **H1 Frame**: As you can see, BTC is still running in the downtrend channel. The KEY 977xx zone will play an important role in predicting the next direction 3️⃣ **Trading plan:** ⛔At the present time. Although the D candle is a positive sign, in the smaller time frame we still do not have a price structure confirming the recovery of the main trend. Whether placing a BUY or SELL order in this area is very dangerous because there is no confirmed price structure. You should wait to get the best trading position ✅ Based on my personal experience, I will wait for the price reaction in this 97K area. If a supportive price structure appears, we can have a good position following the main trend in the D frame. 💪 **Wish you successful trading!** 📌 For any questions, please contact us directly. I am ready to answer you for free
by TonyL0ng
Gold analysis The image is a trading chart for the U.S. Dollar Index (DXY) on a 15-minute timeframe from TradingView. Here are the key details regarding the buy setup in the image: 1. Support Zone & Entry Area: The price is near a support level around 108.414. A horizontal support zone is marked, where price has bounced before. 2. Trendline Support: An ascending trendline support is visible, aligning with the entry zone. 3. Buy Setup: A long position (buy trade) is marked. The entry point is around 108.414. The trade targets an upside move into the 109.800 - 109.881 zone. The stop-loss appears below 108.400, ensuring risk management. 4. Risk-Reward Ratio: The green area represents the profit target. The red area represents the risk zone. The trade appears to have a favorable risk-to-reward ratio. Analysis: This setup indicates a bullish outlook, anticipating a bounce from the support level and trendline. If the price holds above the support zone, it could move towards the 109.800 - 109.881 target. Would you like a deeper analysis on market conditions or trade execution?
TVC:DXYLong
by vishwatejlondhe18
Take Profit on BTC at $59,900 - $60,000🚀 Take Profit on BTC at $59,900 - $60,000 📢 This is the ideal time to take profit on BTC positions bought at $59,900 or lower, following the W cycle. 📌 Profit-Taking & Capital Reallocation Strategy ✔ Take profit on BTC at $59,900 - $60,000, as BTC is showing signs of entering a correction phase under the W cycle. ✔ Convert BTC to USDT and wait for accumulation over the next few weeks or months. ✔ Re-entry zones: $77,000 - $82,000 → Ideal areas to buy back and position for the next W cycle rally. 📊 Strategy for Long-Term Investors (M & 3M Cycles) ✔ For those following larger cycles (M or 3M), no immediate action is required. ✔ Instead, monitor ideal correction zones to accumulate more BTC positions. ✔ Maintain long-term holdings while observing market conditions before further actions. 🔥 BTC is entering a correction phase – Manage your capital wisely! 🚀
Short
by rainbow_sniper
XAU#11: Gold continues to hit new highs but ...... 💎 💎 💎 Did you make a profit in the previous article #10? Please like and follow the channel to follow the earliest trading plan. 💎 💎 💎 🔥So FOREXCOM:XAUUSD OANDA:XAUUSD TVC:GOLD has corrected and broken the peak as predicted in analysis #10. Now let's plan the next step:🔥 1️⃣ **Fundamental analysis:** 📊US employment, new orders, and inventory indicators achieved good data. 🔴 Mexican President Sheinbaum previously announced that he had a good meeting with Trump and reached some agreements, the imposition of US tariffs will be postponed for a month. 🔴Trump said the call with Canadian Prime Minister Trudeau went well. 🚀 . The US government deficit is supporting both gold and stocks, but stock returns may have peaked. 📌 Gold continues to be a safe haven asset, attracting more safe haven capital flows 2️⃣ **Technical analysis:** 🔹 **Frame D**: Yesterday's candle showed a very good price reaction at the old peak. If we follow price action, we may see gold continue to set new peaks 🔹 **Frame H4**: The bullish price structure is still maintained. However, we still need to pay attention to guard against price traps. I will analyze the reasons in detail in the trading plan 🔹 **Frame H1**: The bullish trend is clearly shown. There are currently no signs of a structure break 3️⃣ **Trading plan:** ⛔ Looking at the current price structure, we can see that the bulls are completely dominating. However, yesterday's increase has not yet seen distribution to be able to continue to establish a new peak. ✅ In my personal opinion, today we will wait for the price reaction in the 279x area and should not FOMO BUY this peak. The price line has increased continuously although market sentiment has improved thanks to information that Trump's meetings all had good results. We have not seen any correction to gain sustainable momentum. It is likely that it will appear today. This will be an opportunity for us to have a better position than the current price 💪🚀 **Wish you successful trading! ** 📌 For any questions, please contact directly. I'm ready to answer you for free #trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
OANDA:XAUUSD
by TonyL0ng
Bitcoin updatesAfter making Low of 91226 price bounced impulsively, it was bound to happen due to extended 5th wave, now making a structure on impulsive nature and 1-2 is complete and 3 is undergoing or about to complete, I have marked 1 at 94915 an wave 2 is running correction-wxy, it also gives an impression of 1-2-1-2 but its inner count doesn’t allow, so wave 3 started from 94150 and its 200% extention is a 101,715 and now in a corrective mode, we can expect a correction for wave 4 in the range of 23-38% and than for 5th wave. Since wave 3 is extended wave 5 has to only a new high and break of 38% to the upside for complete impulse. There was a mid point where price rested a bit 99462 and continued upside move,it wasn’t even 161.8 of 3, so ignored and if it will the end of three than price must not break 100441 level to downside in current correction is 5th wave needs to make a high 103063 to complete the impulse.
CRYPTO:BTCUSDLong
by sanjayplayer1