kntravi876

kntravi876

1) Fake breakdown in hourly with bullish divergence 2)Trend line breakout with GAP 3)price in momentum according to Elliot wave

kntravi876

FAKE BREAKDOWN with bullish divergence new impulse start in hourly

kntravi876

1)Price on the Monthly Trend line and previous support line which is 67.694(white line) 2)The price has fallen making a significant lower high(77.579). If we count Elliot from this point, the end of the 3rd wave may be at the lower support line. For this reason, some points may bounce from here to the above yellow trend line. There is bullish divergence in the...

kntravi876

1)Price turning sideways after a Up move. Maybe gives indication of 4th wave 2)If this will be the 4th wave then the final 5th is still pending my brother. 3)The three-year trendline that has been in place since 2021 seems to be breaking this time.

kntravi876 Updated 

1) The price is now at the daily resistance line from here the price can fall. 2) Price is below daily 50EMA and 50 EMA act like resistance. 3)Here a decline in the market can be expected after the 5 wave structure is complete. 4) there is double Bearish divergence in hourly 5)Fake breakout creates an opportunity

kntravi876

1)This is completely sideways in monthly which can be a sign of 4th wave. And looks like a triangle 2)After the entire upside move, it is currently taking support above the monthly 50ema