Waveforecast
Bitcoin/USD is still bearish or right time to buy ?Hi everyone
lets discuss BTC/USD scenerio, as you can see in chart we have complete (1),(2) and (3) wave in INTERMEDIATE DEGREE , Currently in (4) wave.
In (4) wave we have complete two legs which point A and Point B wave, If you are familiar with neowave, it consist of atleast 3 corrective wave.
From around this area we are looking for point C which can go easily upto 52000 level. Also there are chances that there can be more corrective legs like D and E.
After this corrective price action we will be looking for an (5) wave in intermediate degree.
This intermediate degree waves started at 66000 , see that trading idea also so that you can see how far we can hit the target with wavees structures.
T hankyou
Manish Singh
Wave Forecast
Nifty Wave ForecastHi Traders
Lets talk about nifty today, as you can see nifty is fallling for last 2 months which was expected as per neowave counts.
I am bearish in nifty from 18200 as you can in my previous nifty trading idea.
But whats now, thing is trend is still bearish for two weeks in medium term cycle. From here we can expect another downward fall as per neowave structure.
Though in short term there is a possiblity that we will see an D and E wave also. before moving downward. If anything changes in structure i will update here.
Thanks
Manish Singh
Wave Forecast
GBP/USD Short Term TradeFX:GBPUSD
Hi Traders
GBP/USD has finally give some relief for buyers. Any how this is todays trading idea
We have seen an 5 waves move upward, As long as we are above invalidation line. than we are going to see some further upside
Always trade with discipline
Thanks
Manish Singh
GBP/USD An short term viewFX:GBPUSD
Hi Traders,
Welcome to Trade of the Day
Please be keep in mind that trading is all about risk management. As any wave can be cancelled also.
So always take 1-2 % of your capital per trade
and also do partial profit booking
I will indicate when you need to trail SL.
With Neowave and these three pillars of risk management you can certainly beat the market.
Thanks
Manish Singh
Wave Forecast
GBP/USD Going in Buy ZoneFX:GBPUSD
Hi Traders
Today we are going to discuss about GBP/USD, As we all know that gbp is falling for almost 5 months. It made a high of 1.42504 in june and since than it has been in downward Trend.
I also made the video of it at that time.
From the looks of chart there is too much consolidations. I am sure all off you must be waiting for an fast pull back after the fall of this.
As WXY Pattern suggest price should move in upword direction without braking the invalidation level of 33500. and should move towards 1.35100 Level.
Remember traders there is also other possiblities and but we choose to trade in best possiblity zone.
Good Luck
Thanks
Wave Forecast
Nifty 50 Neowave ForecastNSE:NIFTY
Hi Traders
Today we are going to discuss Nifty 50 Index. So lets see whats been happening here.
After Making an high of 18600 we are falling. We made a low of 17600 which i called (A) point and after that we rise and make a (B) Point. So as you all you can see this three wave corrective structure higher possiblity going towards 17400.
Now longer term trend is still up. So Below around 17000 there is an support trend line. Higher possiblity of returning from there.
So its all depend on how much (C) point will fall.
So this is the best possible scenerio.
Thank You
Wave Forecast
AUD/USD Wave analysisAUD/USD is in a long term bear cycle.
It has completed its 4 waves and has commenced its wave 5.
The first two waves of the wave 5 is also completed and it is currently forming its wave 3, which could be the longest wave of the wave 5.
We expect the pair to continue its bearish momentum for now.