Wolfe Wave
Bitcoin promising rise with 2 patterns at same time. TP-$17100Btc/usd on daily and 4 hours chart is showing promising signs of rise upto $17000. Hodling time is estimated to be 1-2 months.
You can clearly see the wolf wave completed and on-going, whereas inverse head $ shoulder is waiting for breakout, and not both these pattern have common target point.
CP-$10654
SL-$9394
TP-$17100
For more info, read the article given in link provided below:
btcmanager.com
check graph for more info.
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Disclaimer: My views are not written on stone and can be sometimes wrong, since no one is 100% sure in stock market. Consult your financial advisor before making trading decisions.
IDFC Bullish Wolfe wave Target 76+NSE:IDFC is in good demand zone. One can buy with for Target of 76 in 4 to 5 months holding with stop loss of 52
SHORT Wolfe Wave Wolfe wave is one of my favourite trading patterns as it works mostly, provides good Risk to reward ratio and is fast. Posting a nicely formed pattern for my mates wishing that it rewards them nicely on Diwali. Entry now or wherever Stop Loss of 3210 is affordable Target range 3050 - 3100.
BEL Short Wolfe Wave Divergence Oversold Intra day. Potential short may develop in the stock as it is making higher high but RSI is not supporting it and showing divergence. Its reading is also coming out of Overbought Zone. So far it is making Wolfe Wave. As if now trade has not developed yet but one can put it into the watch list to take the appropriate action timely.
Short TV18BRDCST Wolfe Wave !The stock has formed a nicely Wolfe wave at the Junction which seems to work as resistance. My experience with this patter is that it works better if it breaks the boundaries come back but we can still take the chance here by providing small stop loss of high of recent swing. Mostly it offers good risk to reward trade. Good Luck!
NCC SHORT Multiple patterns !I would short the stock tomorrow opening with SL of 88.50(Closing basis) and expect a target of around 80 and framing the trade with the following reason :
1. The stock is showing good frequency around the lines.
2. it is having 2 Drives and Wolfe wave developed confirming a potential reversal.
3. MACD is showing Divergence & Stop loss is affordable to me so looks worth risking.