Someone new to Wave-Counting might be a little confused. OR a lot confused.
Here's what I'm trying to explain: I have these 3 Correct Wave-Patterns (ABC) that are bullish.
You'll notice in the chart below that another higher price ABC.
An easily can recognize that impulsive sub-waves (1,2,3,4 and 5) of the higher degree of waves A and B.
At this time,...
1. We see 5 distinct waves each with their own seperate qualities as clearly mentioned on the chart.
2. We see and ending diagonal in wave v , which was followed by a swift and sharp wave (A).
3. Wave (A) retraced 61.8% which also happens to be a major resistance of the XAUUSD market on the daily tf.
4. Wave (A) also divides in 5 waves...
#banknifty weekly TF analysis:-
Let me post what exactly I am seeing on Weekly Chart:- We have come out of triple combo complex correction of the 4th wave and currently, the 5th wave is running, the bare min target of this wave is 47,570 and the invalidation level is 32,290.
We hope to see these levels in the next 6 months to a year.
Multiple bullish signs clearly evident in the chart
- The structure of Higher Highs and Higher Lows
- Price Volume Analysis showing clear bullish volumes (volume increase on up move and decline on down move)
- Reversal Action and spike in volume at trendline support repeatedly
- Price Action and slope of the buying wave and selling wave comparison
- A Pennant...
There is a Trading Signal to Buy in WAVESUSDT Waves
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 5.447
⭕️SL @ 4.687
🔵TP1 @ 7.691
🔵TP2 @ 9.688
🔵TP3 @ 12.214
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas,...
Elliott Wave view in Nasdaq suggests the decline to 11035.20 ended wave (3). Wave (4) corrective rally ended at 12225.70 with internal subdivision as a wave A-B-C in a zigzag pattern.
Final leg higher wave C ended at 12225.70 which also completed wave (4). The Index has turned lower in wave (5), but it still needs to break below wave (3) at 11035.20 to rule out a...
In the weekly time frame, I checked gold based on the Elliott strategy. A strong bearish movement begins...
1.trend line break
2.strong seller candles
3.trend pullbacks to support lines.
What do you think, friends?
GHCL IS A MICROCAP STOCK, ,MCAP of 5500 cr
Fundamentally Strong stock
setup:- ENTRY(day timeframe) - only if we spot healthy green with good volume candle at our retest leval
entry should be taken above at the highh of that healthy candle
stoploss - only if the candle closes below our stoploss level
stock price is already broken the structure of higher highs and higher lows, and currently the price is moving in the bearish structure( lower lows and lower highs, parallely the volumes are hevay when the price moves downward and volumes are low when price is moving higher, safe trade can be taken when the price hits the retest area and there should be formation...
SHORT USDCHF | TECHNICAL ANALYSIS
Currently, as per wave analysis, it seems that we are on corrective wave 2, we have the earning opportunity for wave 3 and 5,
happy trading day guys, be with me
and most imp, dont forget stoploss