This hypothesis is based on art. Art used by rhythmic ABC and its measurement. Taking trade requires two main actions, first one is entry action and exit action. Taking entry at "B" nearby will boost your account if you're going for "C". Herein, two types of exit points, one is quite at small losses and another is exit with a huge profit. I have used here Huge...
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,...
There are 3 phases technical of line drawn. The price is bouncing number of times at those lines. The 2 phases of line are very closer to current price where can react as reversal in price. 1-Phase Horizontal-line at 18364: Currently, the price is already reacted at this phase . 2-Phase Horizontal-line at 18174: This phase more important for reversal...
The projection of the breakthrough result: If a breakthrough is exist, the price will fall with acceleration. I will project in a later post after concrete evidence. There are series of supports exist such as 17456, 17383, etc which were performed well in history. Look closely at Dow Jones's recent broad move in price action:
Consideration: Best Trade-Setup can be created closer to the Middle line(red). Use the price action whenever the price reaches near the resistance line. Don't sell R-32323 above.
All-time high - 18595 Recent high - 18174 The difference between the All-time high and the recent high is 421 . Logically, this range will be crucial resistance. A smart trader can create a trade setup with a good risk-reward ratio by using his range. The previous strongest hypothesis reactionary has been seen 16850 nearby. That's the clear, range of...
Review the " Leading-Diagonal ": As you know, Leading Or Ending Diagonals one of two types of motive waves, the other being in impulse wave. The Leading Diagonal is a terminating wave pattern that is form the 1st wave position of impulse waves or as wave A. This is an example here live - SUZLON. We have an Leading diagonal in the 1st wave position of an impulse...
Corrective Structure ((a)) = ((c)) Elliott Wave. By using Fib. Retracement wave ((a)) = ((c)) at 1307 There's highly confident trade setup can be below ((a)) = ((c)) for bottoming out. The price is under the wave ((5)) of wave ((c)). By looking closely, it's time to take entry in the deeper price for a u-turn. The wave ((a)) and wave ((c)) also sign of a...
Simplicity Is the Key to Success . The simpler we keep things, the more successful we will be. It's as simple as that. Therefore, Action & Reaction is very simple to understand and act. Let's move ahead. Two types of movement in the market: Consider an uptrend and, bulls are in charge. The first major move in trend is the Actionary move . when finally pause to...
Broad Range 16942 - 16801 Narrow Range 16875 - 16801 Either the price will go away from the 16855 or it can start to fall from this level. In this case, what you should do. For in the trading, a small loss is the part of the game and nothing is 100% sure for "a perfect trader". The important is a sign, clue, and evidence for reversal such as volume, price action,...
The trend phenomena can be bullish until 20th June 2022 based on the accumulation phase (iii) can continue. The outcome of the up-move prediction is only on TimeCycle analysis. I prefer to make trade setup by Multiple Analyses while the outcome is in the same direction or one favor of direction analysis. Therefore, I work on the Elliott wave for identifying...
This is a clear Sharp Zigzag pattern. The price already reached 0.618 for wave ((Y)). The trader can get a High probability chance for short selling tomorrow with a very small protective stop. Supports S1- 17810 S2- 17650 The Short Seller can use these supports level as the target. I am expecting a Nifty future between these both supports. Definitely,...
Why do people take losses in trading? The reasons or mistakes behind a trader make losses. I suggest you these reasons should not be repeated. If you might have also come to cross from this reason and got losses, you can type in comment number of specific reason what you have faced. In case, you also have another reason except in this post, please or kindly...
As many of you know, I spend much of my spare time analyzing markets. Yes, analysis is my day job, but it is also my passion. So, whenever the weekend comes around, I spend most of my time in front of the computer to study price charts. Month Line-Chart Using Line-Chart for identifying long-term trends. The primary trend is up. A price middle of the parallel...
The most common Triangle pattern, Asian paint will encounter when you're studying price charts on the higher time-frame for short selling is the contracting triangle, which is right in front of you. It's a 5 wave move, subdivided or identified as waves ((A))((B))((C))((D)) and ((E)). Any wave of the pattern is subdivided into 3 smaller waves, and also too many...
The Nifty 50 unfold the "Contracting Triangle" which is one of three occur 80% in the price chart. One thing is important to remember is that, the wave "((e))" also sub-divide into smaller triangle. Most common relationship for Fibonacci, the .618 but in this instance we have found the two fib. relationship .618 and .786. Fib. relationship: wave ((b))...
Getting started with today's real-time research, I'm going to talk little bit about triangle types and its position. If you are calling from my recent posts, I has written various type of Triangles: 1. Contracting triangle, Expanding triangle, and Barrier triangle . I'm going to be showing you a technique called a triangle thrust measurement technique and gonna...
In this " Research Report " we're going to be looking at the "Flat correction". As you know, with respect to the Wave Principle, there are three types of Corrections. 1. Zigzag 2. Flat and, 3, Triangle We're going to examine the Flat now. The first thing that's important about this pattern here is being able to identify its characteristics. First is, its...