Sub-wave V of the five wave should be 444 nearby therefore, the price has still remain more up points on the table. The lower timeframe can be decide and help you exact execution level. We already have seen Leading Contracting-Diagonal. For the moreover, as per Elliott wave channel used for target as five wave.
Precious seen AB=CD pattern o LUPIN. The "B" retraced at exact 61.8% and BC project at accurately 1.168%. After completing this pattern, extreme fall was seen in the price. ----------------------------------------------------------------------------------------------------- Bullish Butterfly pattern required "B" mid-point 78.6% retracement and The price can fall...
2.0BC projection more than it. 1.618 AB=CD @ 169.45 1.13 extension is the Potential Reversal Zone. T-Bar should be as per requirement of Alternate Bat Pattern for Reversal at 172.75/174.4. The expected fall can below 169.3.
A flat followed by a Zigzag pattern as shown in chart. Naturally, this section depict correction in bull markets. Important level to trade are mentioned on the chart.
Source Code of How U.S. Election could affect of EUR/USD pair. If ( Biden = wins ) { More buying interest may push the price > 1.20000 after slightly lower. . If ( Trump = wins ) { Sellers will keep selling respectively & US dollar will strong , causing Gartely force to the price to slide up to 0.786 at 1.13465 }
Prediction was make at The perfection of State Bank of India... 30 points prediction was prefect match with my previous posted idea. This is just wave counting process. Traders can enjoy it. If you have any questions regard to the Wave Counting, leave the comment. I will reply you.
This is the the Bullish Gartley pattern which was pre-predicted retracement of D point of XA retracement. The Probability Reversal Area at 11736 (current market price 11840) which is 100 points far from now. The overlapping of the AB=CD and this is a nice structure with ideal alignment of harmonic numbers on 15min chart. After failing this pattern will be...
I've used here 2hrs timeframe to zoom the chart for clear picture of sub waves. The Primary Four Wave has formed 3-3-3-3-3 Expanded Triangle. The Five already initiated with gaps and trying to develop a leading contacting triangle. After mature triangle we will see sharp move that can be upward.
FIRST Wave: ( Leading Diagonal Contracting ) In the first wave, we have detected the Leading Diagonal contracted within two yellow-colored covering lines but the leading diagonal occasionally appear in the first wave position of impulse. I have labeled by using roman numbers. SECOND Wave: ( The 50% Retraced ) Its a corrective wave formed A, B, and C. Its...
I have described the complete market cycle of elliott on the weekly chart of nifty as well as two model structural development which are Motive and corrective. Now that I've reviewed all types of waves, I can summarize their labels as showed in the nifty chart. If you have any query regarding to my chart or mistake in it, let me know throughout the comment. thank you.
EACH CORRECTIVE WAVES are easy visualization, smaller and bigger correction. AB = CD is predicted by using Fibonacci retracement where use for support as 22750 to 22260. The correction still exists in the remaining move. I have also marked RSI bann for reversal points.
The Round labeled A,B and C are the PRIMARY WAVE counted. The bracket (a),(b) and (c) are the Secondary wave in which covered almost all big moved of the Primary Wave. I have drawn basic Pattern inside this Wave Counted and we can see below clear picture of the trend. Conclusion of this wave counting: The price is travelling toward the the primary...