The Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (1),(2), (3), and (4), which are shown as blue numbers on the daily chart. Wave (5) appears to be underway at this time and might reach a maximum...
Channel rejection is a frequently seen phenomenon in the field of technical analysis. A price trend that is represented by a channel fails to continue in the expected direction. This can occur repeatedly. The asset's price has shown a significant increase above the channel, followed by another testing of the breakout level. This signifies a possible positive...
The Elliott Wave Structure refers to the pattern and organization of price movements in financial markets, as described by the Elliott Wave Theory. According to the Elliott Wave analysis, the stock has finished wave (1) and wave (2) on the daily chart. At present, it seems like wave (3) is in progress, with the possibility of extending up to 161.8% of the length...
The Cup and Handle breakout is a notable pattern that has caught my attention on the weekly time frame. The observed pattern has captured my attention owing to its capacity to generate substantial price fluctuations within the market. The Cup and Handle breakout pattern holds significant recognition among traders and investors as a prominent technical analysis...
The Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (1) and (2), which are shown as blue numbers on the daily chart. Wave (3) appears to be underway at this time and might reach a maximum length of...
he Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (1) and (2), which are shown in blue numbers on the daily chart. Wave (3) appears to be underway at this time and might reach a maximum length of...
The Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (1) and (2), which are shown as black numbers on the daily chart. Wave (3) appears to be underway at this time and might reach a maximum length of...
The phenomenon of trendline rejection is a common occurrence in technical analysis. It refers to the situation where a price trend, as indicated by a trendline, fails to continue in the anticipated direction. This can happen multiple times. The price action of the asset has exhibited a breakout above the trendline, followed by a subsequent retest of the breakout...
According to the Elliott Wave Theory, the Elliott Wave Structure describes the pattern and arrangement of price movements in financial markets. Based on extensive analysis, it appears that the stock has completed wave 3 on the daily chart. Wave 4 in the a-b-c pattern has begun. Currently, it appears that the first wave (a) of wave 4 is over and the second wave...
I have noticed a significant trendline breakout in the market recently. This breakout occurs when the price of a security breaks through a trendline. The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish signal. It appears that market sentiment is currently trending. The Relative Strength Index (RSI) is currently indicating a...
Based on Elliott Wave analysis, it is possible to identify a potential wave count on the daily time frame. The first and second waves have been successfully finished. Wave 3 is on the verge of commencing. The level of invalidation is being displayed. I am not a registered Sebi analyst. My studies are purely for educational purposes. Before trading or investing,...
I am eagerly anticipating the approaching breakout of the Pole and Flag pattern in JAGSONPAL Pharmaceuticals. I am not a registered Sebi analyst. My studies are purely for educational purposes. Before trading or investing, please consult with your financial advisor. I am not accountable for your profits or losses in any way. Thanks VJ