Trade-Technique

Trade-Technique Updated 

It's a short term chart and I'm looking for short selling. You can see the 5 waves up on the arithmetical scale. I'm looking at little good level to short sell such as 269-272. If we just look the retracemenet 38.2% is at 255 which is also in the area of previous support{wave((4))}. Therefore certainly there's a great potential for the downside as target. require...

Trade-Technique Updated 

Currently, Looking at structure of "Weekly continuation Chart" with all-time high 606. I'm want to call your attention little bit about picture "Corrective Phase A,B, and C" which is already completed. We have had a long run here right from the "low 63.5" back in 2020. It appears to be "motive phase(1,2,3,4 and 5 waves)" or "ABC corrective phase". Wave...

Trade-Technique Updated 

Before getting started for high opportunity Trade Setup. Let's understand the about Diagonal. What is exactly Diagonal: It is a five-wave overlapping structure, wherein each wave subdivides into three smaller waves. It is typically an ending or terminating wave pattern and is found in the fifth wave position on an impulse wave and the wave C position of A-B-C...

Trade-Technique Updated 

Price gaps can be classified into four types: common, breakaway, acceleration, and exhaustion , During moments of consolidation, common gaps appear and mean virtually little. The other forms of pricing differences are extremely significant. Breakaway gaps: Early in a trend, breakaway gaps appear. Acceleration gaps are simple to spot and provide a wealth of...

Trade-Technique Updated 

Elliott Wave Methodical Structure This is a motive cycle of the Elliott Wave in which you can observe waves 1,3 and 5 are in direction of a trend. Wave 2 and 4 are against the direction which is called a "Corrective Wave". Five-wave structures, numbered (1)-(5). In the direction of the main trend of one larger degree. Wave 2 cannot retrace at the starting...

Trade-Technique Updated 

Do you ready for correction in NIFTY 50? The Wave (iii) almost moved into the "Ride Extended" wave. The price expecting correction(fall) very shortly after completing wave(iii). In the Corrective-Phase, you have 3 patterns: 1. Flat, 2. Zigzag and, 3. Triangle. I've applied here "( CHANNELLING )" which is one of the techniques to determine the upcoming...

Trade-Technique Updated 

Nifty can climb for the new high and the price is trading under the wave (iii). The 16593 is important to level for the long positional traders. The closing 16701 above can boost the price new high for you. We can see more upside gaps. Note: I don't expect the price of 16593 below.

Trade-Technique

I get a lot of questions about Elliott Wave but a particular question often received from the followers: Where to start wave counting on the chart? How do I begin/start wave counting on the chart? How do you do Wave Counting? I’m going to introduce working 3-tricks which are used by me while establishing Elliott Wave Counting on a chart. These are my...

Trade-Technique Updated 

(W) is still not confirmed but the price is 401 can be possible for an upside move. As per EW, very short-term traders can take long 404-407.5 in range with a protective stop below 401. Last update on SBIN:

Trade-Technique Updated 

It looks like the correction Phase is complete at wave (c). focus on key levels will be beneficial. we are going to ride on wave 3. wave 4 can't exceed the starting point of wave 1. There is invalidation below 2044. I will upload Lower Timeframe analysis.

Trade-Technique Updated 

Trades must active after a clear sign: 1. sell @418.2 2. sell @416.8 Potential Target: 409.35/401 and 395.9 Stoploss should be 420.1 above TF - 4hrs: Daily Chart TF:

Trade-Technique Updated 

I have given 2 examples of correct and incorrect wave count. You may lose opportunities due to incorrect wave count.

Trade-Technique Updated 

The wave clean and clear. The price is trading for wave 4 corrective of ((v)) impulsive wave. The long Entry can be as counter wave 4 sub-wave and the main trend is up. For the Entry level, we have to move lower TF.

Trade-Technique

If wave ((4)) is completed at 2816 then we are on the (2) wave of wave ((5)) or We are still on the sub-waves of wave ((4)). stay tuned for new Update.

Trade-Technique Updated 

I am back with an exciting topic. I am starting this topic with a simple question, Are you finding consistent profit In your trading? If yes, then you can skip this chart and congratulations! Now let's talk about the rest of the traders. Indeed, most traders do not find profits consistently, instead end up losing their money. It doesn't matter which market they...

Trade-Technique Updated 

Probability : wave 3 if ((iv)) completed. Suppose to (a), (b) and (c) correction. We'll be ready for correction wave (c) 260 at 0.382 and at 307. Lower TF is more recognize the clean and clear the corrective pattern. I suggest working on 4hrs or 6hrs TF. Let me know if you want me to work on lower at TF in the comment section.

Trade-Technique

Floor Pivot Calculations Pivot Point (PP) = (H+L+C)/3 First resistance (Rl) = 2*PP –L First Support (Sl) = 2*PP - H Second Resistance (R2) = PP + (Rl-S 1) Second Support (S2) = PP - (Rl-S 1) Third Resistance (R3) = R1 + (H - L) Third Support (S3) = S 1 - (H - L) Where, H=High, L = Low, C = Close ...

Trade-Technique Updated 

1.2124 is key level if you want ride on wave c of ((y)) but there is weakness bellow 1.2124. it suggests that wave iv is complete and USDCAD is heading lower.