Nifty reached its saturation point on medium term, I am looking Corrective downside towards 11560 is possible on coming weeks.
Our previous post on Nifty BUY @ 11100 and target is 11800 as it happened as per my analysis.
After corporate tax relief we can see wild run on the market, In that move lot of retail traders cant enter that move. Here another opportunity enter long @ 11100 target upto 11800 is possible for another couple of weeks.
As per wave analysis Nifty is in Corrective upside only, There is major wave downside possible at end of this year or next year...
EURUSD trading on final leg of complex corrective pattern on medium term. On short term price reached its monthly support levels and also as per wave count i am expecting EURUSD found minor bottom @ 1.1050 level. From here i am looking corrective upside upto 1.1130 level.We can clearly see wave 2 of this count took more sideways action so wave 4 we...
GBPUSD trading near to the imparttent support level on short term. As per wave count GBPUSD on more leg upside is possible WAVE 5 of c. FOR this count 1.2110 level act as invalidation level.
ENTRY & EXIT SIGNAL:
LONG @ 1.2180 -- SL 1.2110 -- TP -- 1.2330
AUDUSD trading near to the channel support, As per wave analysis B wave is going to complete. I am looking for wave C upside with target of 0.6835.
ENTRY & EXIT SIGNALS
LONG @ 0.6710 -- SL -- 0.6650 -- TP @ 0.6835
GBPUSD price rejected by trend line but wave count still showing one more leg upside possible upto 1.2330 level. For this short term count Invalidation level 1.2110, GBPUSD fell below this level continue down trend.
Brexit matters are hard hitting for sterling. As per Wave analysis we can clearly see still Sterling trading on irregular corrective structure. I am expecting one more wave downside upto 1.1900 handle is possible.
AUDUSD we can clearly see free fall before and after FED rate cut. In Short term corrective 3 waves is forming on this pair. I am expecting Wave C Starts from 0.6753 target for this wave is 0.6877.