A Leading diagonal I call popat pattern becoz it will mike a popat of all buyers and sellers . But when the pattern has made finishing making a popat of everyone one It will launch a massive wave 3. Regards
This is a unique chart with extended wave 5 in wave 3 and now running a bigger wave 5 Lets see how many serious Ellioticians comment on this chart with their targets . Especially the earlier phases, Please dont comment for the sake of commenting for eg "This is not Illiot (emphasis here )wave " , "You are wrong" etc . If we get good comments we may be in a...
I think BTC is hammering out a bottom in form of wxyxz where z is a triangle . On can also argue that it may be forming a wave 4 triangle to complete a 12345 impulse down . This would mean only wave A down . I am assuming wxyxz correction because the correction has retraced .618% of wave iii and is consolidating in previous wave 4 of one lesser degree . What we...
Sab chale hain toh ye bhi chale ga . In such cases where there is not buy signal on EMA's , Ichimoku and Elliott Wave always search for a bottom using unorthodox trend lines .
SL .92469 . At present only Elliott wave gives a buy signal for t1 of .94379
A 3 wave move contained between parallel lines is not always corrective . It depends on what is the angle between initially labelled as 0-A and B-C . Explained in the chart . Always be on lookout for this. Regards
Explained in the chart . Regards
Explained in the chart . Lets see how it pans out . Regards
Coal India looking deadly positional buy . 2 signals gold cross of Kinko Hyo (Tenka nd Kijun also pointing upwards) and Chokouspan breakout have happened . Wave ii flat with exact 0.618 retrenchment for wave i has also happened . It has crossed 20/50/100 EMA and is resisted by on 200 EMA now . This seems to be a powerful setup. If one is aggressive ,buy after...
Explained in the chart . Regards
Bank Nifty is getting support of 1. Hanne Grid 2. Weekly Kejun sen (IKH) 3. Wave 4 of Elliott wave Hope it does not break this setup . Regards
Require serious Elliot wavers to comment on it . If u feel otherwise kindly comment with reasoning . Regards
Explained in the chart . I have not put time cycles here as it is getting complicated Regards
Explained in the chart . If scenario pans out as imagined then we will talk about the targets . Kindly note Bank Nifty has deteriorated on Daily chart so we are looking at weekly chart . If Weekly Kejun sen support breaks we might really be in trouble. Regards
Explained in the chart . Its weekly not weakly . Regards