bank nifty ve Wolfe wave with exhaustion gap with rsi divergence,
show heavy weekness below 41880
trend line breakdown close and hold below and retest the trendline
breakdown of triangle
MCX:SILVERMIC1!
Time frame : All Levels to be followed on Closing basis only. Intraday Volatility may persist.
Chart Pattern Identified : BEARISH WOLFE WAVE
In its bearish version , the highs and lows are increasing and herald a downward reversal of an uptrend.
1) A significant maximum is formed, preferably an absolute maximum ( point 1 )
2) The price falls...
NSE:ICICIBANK
Time frame : All Levels to be followed on Closing basis only. Makets at all time high so intraday Volatility may persist.
Chart Pattern Identified : BEARISH WOLFE WAVE
In its bearish version , the highs and lows are increasing and herald a downward reversal of an uptrend.
1) A significant maximum is formed, preferably an absolute maximum (...
NSE:INFY
Chart Pattern Identified : BEARISH WOLFE WAVE
In its bearish version , the highs and lows are increasing and herald a downward reversal of an uptrend.
1) A significant maximum is formed, preferably an absolute maximum ( point 1 )
2) The price falls and forms a minimum ( point 2 )
3) The price rises and forms a subsequent maximum higher than point...
Hi guys, In this chart i Found a Demand Zone in TATACONSUM for Long Term, Observed these Levels based on price action and Demand & Supply. WW. Don't Take any trades based on this Picture
...because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank Q
NSE:SUNTV is making Bullish Wolfe Wave
With stop loss of recent low which is around 400 , low risk entry can be Taken for Target of 500 around price level.
Infy CMP 1556
though Infy is rising ...
but the structure is as such ...
if Infy trades below 1544 ,
with trend and candle turning Red...
Recent high as sl...
Possible tgt would be black line...
Just a View!!
Vedang :)
M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe . Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272.
Forecast of gartley if broken B
Banknifty had wolfewave and now price near to its target , interesting thing is wolfewave target and cypher prz are at same level. Current supply is tested thrice (including current attempt to break) Looks like it will trap bulls by giving breakout ... Upside a significant supply with left shoulder is waiting to pull price down. Previous quasimodo failed to break...
TVC:DXY Wolfewaves on DXY and coupled up with strong Fibonacci . Until DXY curtailed below 109 to 110 region, it could be said that it has made the top, and there needs a correction in the same. With strong supports around 104, where there could be a consolidation drama, then expecting it to fall till 98. This cycle according to my theory should complete by Feb...
FX_IDC:USDINR Strong bearish WWs on USD INRs. Expecting the USDINR to top-out around 81. Incase that beats, then the next supply zone is near and strong at 83 levels. I expect a dual effect to creep in, i.e., weakness in USDs and INR strength. I am expecting the top to be made for next couple of decades, until 83 holds strong.
#USDINR FX_IDC:USDINR . Move prediction for next 1 year. Very interesting double Wolfe waves formed and indicating a possible downside movement. Couple of strong supply zones ahead matching with the Fibonacci ratios.
With lot of uncertainty in the market on possible direction of Nifty, here's another possibility
with Wolfe Wave Pattern which shows probable bottom out at 14850 level and resuming
uptrend, with target of 20015!!
