1. Scalping 2. Range Trading 3. Swing Trading 4. position Trading
howdy Traders , you can clearly see that FIVE wave impulsive phrase Has just completed and we are at corrective Phrase. wave A is impulse and when we are focusing on subwaves so 4th subways is ready to be completed !!! if we want to make money we will focus on 5th impulsive subwave. if wave A will finsihed only with 3 wave pattern so we will go for 3-3-5 wave...
Howdy Traders , This is 30 minute time frame chart of AXIS BANK. You can see that waves 1 to 5 are completed. The retracement of wave 1 is 61.8% and retracement of the wave 4 is 38.2%. The 3rd wave is extended and in that we can see other degrees of Elliott Wave cycle. The 4th wave can make an expanding triangle. Let's Wait for wave E 5th wave can travel up to 61.8%.
200EMA : here 200Ema is above the price so we will initiate buying position. Trend of the stock is up. Price Action and Breakout strategy : we can draw a parallel channel to catch up Buying and selling pressure In particular range. Price is acting as strong Resistance . price has Made high selling Points and given Excess or Reversal point , these fake breakout...
Howdy Traders, we already know that Triangle occurs in Corrective waves and Diagonal occurs in Impulsive waves. Their are three type of Triangle 1)Expanding Triangle 2)contraction Triangle 3)barrier Triangle Their are 2 types of Diagonal 1) Leading Diagonal 2) Ending diagonal --------------------------------------------------------------------- This is the...