I couldn't have given u a better example of a series of 1's and 2's and then the devastation. Currently the rally in EUR should continue ..am looking at 1.19839 for the (4)th wave to end . Same series of 1's and 2's are there on many stocks and Indices so use these rallies to reduce ur positions coz the devastating 3rd leg has not even started.
I have drawn the big value area along with its limits and control price what observations can be made by analyzing each component? The value area inside the big value. Each value area is taking shape at price level higher than previous .This is clear indication of uptrend The control price. It has upward rise. Another indication of uptrend. Key principles of...
This is a zig zag corrective pattern, this is the only correction where the B leg doesn't go back to the highs. The A leg has five waves. B leg is an expanded flat corrective pattern. The C leg has started with a Railway Track which is a directional signal. The C wave will again have 5 waves. The minimum target is the 61.8% of the swing which is 4439. We are...
We are at the bottom end of the 2-4 channel at 4.48% on the 10-year note yields so it may be early to say that the trend has changed even as we are in the final long-term 5th wave which is the final leg of this bull run for bond yields.
Look to Long upcoming 'C' leg of ABC, levels given on chart. Follow strict SL.
As we can see the bullish reveral as per channel pattern consideration we can plan long trade. Entry = 1147 Target = 1172, 1192, 1220, 1264 Stoploss = 1120 Disclaimer : Only for educational purpose, trade at your own risk.
Hii Guys this is Nova!! Here is the trade setup for BTC 1:4RRR
This Index too is making a series of 1's and 2's in the start of its C leg. The current rally has halted at trendline and Fib resistance. And as a cardinal rule it cannot surpass 13690 which is the start of wave i. We have a reversal signal now on the hourly charts from RSI and Composite. So yet another Index is indicating that this rally is done.
Following are the 3 REACTIVE RANGES for BNF for the Coming Week. Play your moves extremely well for now. No matter which Range BNF hits...... It will come down to the WP( Weekly Pivot) . The Best Case Scenario would be that the Upper Most Range is achieved and then it falls to the WP. You have to ensure you are on the RIGHT SIDE of your SHORTS when you make the move.
Previous 6 October 2023 full day selling and Monday Big Gap Up Its a reasoning pattern my Expectations is Crude Oil Gap Up on Monday and target possible 6750, 6840, 6900
Nifty Analysis Recap from yesterday: “The levels have not changed from yesterday, the first resistance is at 19226 and the 2nd one is at 19310. I am staying neutral till 19226 is not taken out, seems like it could be even done in the forenoon session.” The gap-up took out my resistance of 19226 and was forced to go long. I was eagerly waiting for the 19310 to get...
The rally has brought the Index to a crucial resistance. In my view the index should resume its downtrend from here.
I daily make educational content on swing / positional trading
I had to REVERSE my very short Bearish Play on the Indices today late afternoon, when at 19280... Some Big Boys went LONG with the Futures. Based on which I opened the BNS chart to see which AREAS had the Supply been created in the very Near Past. I have put forward those AREAS for you all to see and Understand. Remember this is based on a HOURLY CHART and I have...
nifty moving 5th wave pattern forming in an ending diagonal in a corrective wave
Buy and Sale idea in nifty so be neutral in the market and wait for your setup.