Counts as per chart, a small dip expected before a major turn to upside
Upmove with overlaps and frugal volumes suggestive of a topping formation. Shooting star candle forming on daily Option chain confirms the bearish view, we could be in for a pullback
Elliot wave counts on daily have been published on chart. Divergent RSI confirms the Wave 5 view, but would need a price confirmation. Longs should be cautious and tightly trailing stops, those watching from sidelines need to stop a reversal opportunity to go short
DJI could look to move lower as presented on chart Respect RIsk, Manage Risk
after the successful previous trade, expected price moves plotted on the updated idea. not interested in shorting this, shall wait for the last leg to complete and then go long
Bitcoin is currently in its last leg of fall, a new low pending after some retrace and then one way up. expected path traced on chart
expecting a sharp drop in index tomorrow, wave count marked on chart
Looking for a bounce from 34500 levels as per idea on chart
As per the long position on chart, looks strong. A move up should follow shortly
as per the long position and Sl suggested on chart
After the y'day upside move in final few hours and earlier today, crude has retraced to .618 levels of previous rise. this should be a good area of value for fresh longs with stops below .786 fib. In another alternate scenario, the retrace can get deep to .786 fib and bounce from there. Entry should be based on a bullish candlestick setup in minimum 15 min tf.
Crude after witnessing a 10% intraday fall, is about to close a bullish hammer/gravestone doji candle. with low of this candle as SL, long is a good R:R trade. Buy when price starts moving above the high of hammer/dragonfly doji candle
In Crude, divergence has appeared on 30 min tf, while it can still make 1 leg down below low made today, the idea should be to hunt for long opportunities from Monday. on MCX, 5500 and below puts can be sold
Bitcoin is slated to move up in coming weeks to a new all time high, stop loss to be placed below today's low
Natural gas looks like it has completed a bearish triangle sequence and looks ready for upmove Can be bought with breakout above the marked level for new high, SL below recent low R:R looks good at 1:2.5
Silver has completed 1-2-3-4-5 and A-B-C C is unfolding in 5 waves and looks like 1-2-3-4 is done, any dip from here should be looked as an opportunity to buy. Entry can be based on bullish candlestick pattern or violation of wave 4 of C high (64450)
Looking for lower targets in DJI from CMP Stop loss a few points above day high made today
Silver can give a LRHR positional long trade if manages to close above mentioned levels Long trades can be initiated with SL of pattern low and today's day high of 24.06 as T1