$DXY HAS TOPPED!This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Elliottwaveprojection
PSL | Wave Analysis | Target C-Wave H&S Bottom PatternPrice action and chart pattern trading
> Pattern Head & Shoulders with a possible target downtrend C-wave 0.786 fibo zone extension of previous A-wave
> Current moving uptrend minor 4 wave correction with limited downside at SMMA200W as the target.
> Long Entry @ local channel breakout once completed minor 5-wave
> Key resistance SMMA50W
Matic target $0.35 SHORT, wave 3 about to startIMO... MATIC bounced from around $0.30 to make a perfect 5 waves correction move, then we have our A,B,C and now we are starting our move to the bottom again to fill the institutional orders. This will create the double bottom we are waiting for this bear market to end... NFA
BTCUSDT: Elliot Waves Price action 1HRHello. According to the Bitcoin chart, we see the formation of five waves of correction wave c, and I expect the fifth wave to be like this according to the opposite chart.
COM7 | Elliot Wave Correction Target Projection - EMA200WPrice action and chart pattern trading
> Possible making its uptrend to 4-wave of the 1st A-wave correction, expecting a retracement of 0.382 - 0.5 of 3-wave
> EMA100 W and EMA 200 W are the key dynamic support and resistance of the current movement.
> The final 5-wave of A could be retraced back at EMA200 W.
> Wait for daily timeframe reversal pattern near EMA200W support line for long entry
COM7 | Elliott Wave Projection | Target Inv. Cup&Handle BreakoutPrice action and chart pattern trading setup:
> A possible inverted cup&handle pattern ABC correction
> stock price once again testing its support and probably making another pullback one more time
> Target handle pullback @ 0.382 - 0.236 Fibonacci zone
> Target downtrend C wave @ inverted cup&handle breakout @ 0.786 - 1.0 fibonacci extension of A wave
> Stoploss can be placed at the upcoming pullback wave 4 correction -12%
> Risk reward ratio: 2.5:1
Always trade with affordable risk and respect your stoploss, nothing 100%
BITCOIN ITS DECISION TIME!!!Bitcoin is at a critical point right now. We are hitting the trend line from the all time high. Be prepared for a breakout or fake out!. Personally wont be trading till it's confirmed but expect a big move. If I had to guess which it would be a guess possible relief rally before new lows.
GALUSD | Wave Projection | Target Triangle 4-Wave BreakoutPrice action and chart pattern trading:
> A possible bearish scenario with descending triangle breakout to complete 5-wave downtrend wave with the target of 1.618 extension of 4-wave (-60% downside)
> Stoploss can be placed at the right head & shoulders pattern - SMMA50 zone
> Indicator: MACD squeezed below 0.
Nifty 50 Next Wave PredictionI used Elliott Wave and Fib to predict the future move for Nifty 50. After bounce back from 16747.70 the next wave should be 1.272 (17240) or 1.414 (17370 ) or 1.618 (17540) as I explained in the Image.
NIFTY ELLIOTT WAVE ANALYSISThe NIFTY Index which has been trending in impulsive move for couple of weeks, which trend is about to terminate now.As it has been forming the Ending Diagonal structure in which wave 4 is in progress now nad the wave 5 targets are 18170 and 18275.After that Nifty should give big bearish move to down a correction of previous trend.
HINDALCO ELLIOTT WAVE ANALYSISHindalco the metal stock has been moving good for last couple of weeks.The stock is in wave 4 flat correction which will end around 410 and then the next wave 5 will start for the target 468 rupees.
Nifty Elliott Wave Short Term ViewThe nifty is in micro degree wave in wave 4 which will complete around 17765 and then wave 5 to downside will start for the target of 17270 level.
BankNifty Elliott Wave AnalysisThe Banknifty index has been in a very complex correction for some weeks.As per my one of view the currecnt complex correction looks like Extended or Elongated Double Three pattern which will complete at 40071 or 39635 level as shown in the chart.
USDINR Elliott Wave AnalysisThe USDINR has shown breakout on the Wednesday night during the FOMC Fed Meeting and the pairing is trading in the impulse pattern.Presently it is in wave 4 now which will complete around 80.60 level and then wave 5 will begin which will have the target of 81.62.
Bajaj Finance Wave AnalysisThis NSE stock has made big impulsive move previously which is being now corrected in Flat A-B-C pattern as shown in the price chart.The corrective wave will get completed around 7000 price and from there onwards the wave 3 impulse will start for the target of 10700 level target.
Icici Bank Elliott Wave AnalysisThe stock has very high liquidity everyday and has been moving in great impulse for last 2-3 months and now the correction is getting completed as expanding flat pattern.After the end of correction at the shown level the wave 3 impulse will start for the target of 1200 level in coming months.
Nifty Wave Analysis Next weekThe Index has just completed wave 3 and bounced in wave 4 which will complete around 17170-200 level and then the wave 5 will begin for the downside target of 16487 level very high probability of hitting it.
CADJPY : Current Situation & Technical , Fundamental View#CADJPY
- At this point, CADJPY is selling very well due to the current MARKET SENTIMENT. So CAD automatically went down. Also, unexpectedly, a JPY STRONG came in the last few days. This was because the Bank of Japan intervened to strengthen the JPY.
- But after that the price of OIL went down very fast. Due to this reason CAD was sold very fast before. You can check it by going to CAD CHARTS.
But now with JPY WEAKNESS, CADJPY is selling very fast.
- Currently, the MARKET is slightly RISK OFF, JPY is going UP, therefore, CADJPY is being SELL.
- Definitely CADJPY should be slightly DOWN until 102.91 LEVEL. After that, the possibility of moving to 110.06 LEVEL is very high. The reason for that is because even now OIL PRICES are going up a bit.
$DXY Turning Down For W4 Monthly EW. $BTC #XAUUSDThis count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
1/2 1/2 sequence?If price gets to 1.33570 then we are in for a 1/2 1/2 sequence and no longer a leading diagonal... Cus the basics rule of a Diagonal where Wave 3 can't be the shortest will be broken... This a very nice setup, monitor and #DYOR
Price predictions for MATIC. Are you Bullish on Polygon?My primary expectation for Matic is one more low in a wave five of the wave c. However it has done a lower low so we could technically go up up from here and nearly hit the 50% fib which is an ideal retracement for a lager wave 2. If we are in the wave 4 still before wave down in the wave C. We could comedown between 0.6867 all the way down to 0.4587 in a wave 2. If we come down any further I will be laddering buy orders down to 0.45 cent. Just remember it reversing in this area is not guaranteed but I think its very likely. If we do reverse to the upside the wave 3 targets would be 1.41 to 1.86 which is 90 to 150% from where we are now. :)
Has the DXY topped out?DXY has been on an extended pump to the upside and is definitely getting exhausted in its wave 5. We have nearly hit the 1.618 fib at about 120.00. It does not have to go any higher and has done more than enough for a wave 5. If the wave 5 is over we could be looking at a retracement down in an ABC to 92.78 to 80.00. Obviously this will take months or years to retrace to this level.
CAKEUSDT | Wave Analysis | Wave 4.4 Take Profit ZonePrice action and chart pattern trading;
> Take profit zone at the upper resistance of the wave channel, possible at SMMA100 fakeout resistance - 0.382 - 0.5 retracement of Wave 4.3
> The final Wave 5 downtrend could be projected at 0.5 - 0.618 extension of wave 4.3 slightly below the previous low - a usual dump & pump is expected before making its uptrend wave
> Indicator: RSI and MACD bearish divergence in TFD squeezed just above the baseline 0, limited upside.
Always trade with affordable risk and respect your stoploss, nothing is 100%
