dwivedinalin2

dwivedinalin2

Bitcoin has completed one complete leg of a complex correction. W(wxyxz) is completed now a pullback for X(abc) Bitcoin in the corrective rise not in impulse as the previous high did not cross in half time. Bitcoin may face resistance at 65300 resistance and again move towards 57500.

dwivedinalin2

Gold on 4H timeframe expected to move towards 2386. Gold currently appears to be in (c) of ((x)) wave which is a corrective rise/ pullback.

dwivedinalin2

Nifty on a daily time frame seems to be in (b) of wave 2. Nifty may face resistance at 23500 and 23600. If the resistance is intact it may get sideways or initiate move towards 21500.

dwivedinalin2

Nifty in (a) of 2nd wave Nifty may take support from 22450 If the 22450 level is broken on a daily closing basis may see a deeper correction

dwivedinalin2

Gold on weekly timeframe showing bearish divergence Gold showing a channel shown to be in the fourth wave Gold if breakout channel structure may start for fifth wave on weekly until then in fourth wave

dwivedinalin2

BTC continues to be in WXYXZ correction BTC on 4H time frame seems to be in Z wave completed (a) and (b) now in (c) wave. BTC in the second of the (c) wave may face resistance from the golden zone and go bearish giving a target of 127% for the (Z) wave.

dwivedinalin2

Gold on the weekly time frame in 4th wave As soon as gold crosses 3rd wave top a price target of 96k above to be seen in couple of months

dwivedinalin2

Bitcoin may face resistance in the coming week and may cool off Bitcoin in double correction , in last leg of (z) which will be of 5 subwaves A double top with bearish divergence may be a good signal to sell

dwivedinalin2

Gold is sideways Gold may fall further Following week may fall completing (w) wave with c subwave

dwivedinalin2

If opens with gap up then sideways If opens sideways then bullish

dwivedinalin2

Nifty if opens with gap may expect sideways Nifty if opens sideways may expect bullish day

dwivedinalin2

Nifty Midcap Elliot counts shows a bullish move If the market opens with a gap then the market may go sideways. If market opens sideways then can expect sideways to Bullish

dwivedinalin2

As per Elliot wave count. Nifty seems Bullish aiming for target of 24520. On hourly timeframe in 3rd wave.

dwivedinalin2

Expecting a short downward move in Nifty Bank on Jul 5th or consolidation as correction is prompted as per Elliot waves count

dwivedinalin2

Timeframe: 4 HRS As per Elliott in 5 wave on 4HR time frame As per Non farm payroll data lower numbers to be expected which should be bullish for Gold

dwivedinalin2

May see some recovery in Nifty 50 Price may retrace till 68%

dwivedinalin2

Nifty seems bearish in a range. May test 22100 and bounce.

dwivedinalin2

On. weekly time frame Gold expected to complete its correction, on daily time frame gold seems to be in complex correction. We should be able to see further bearish move in gold in coming days.