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Elliotwaveanalysis

Ending diagonals : Elliott Wave Anlysis Ending diagonals consist of 5 waves, labeled 1-2-3-4-5. Each wave subdivides into threes. Waves 1 and 4 overlap in price. Wave 3 can not be the shortest among waves 1, 3 and 5. Wave 1 is usually the longest, but not necessarily. Wave 5 of an impulse and wave C of an A-B-C correction are the places, where you should be looking for an ending diagonal. Since it is the final movement of the sequence, after an ending diagonal prices are expected to go back to the level, where the pattern had started. A real-life example of an ending diagonal with all its features is given on the chart of AUD/USD below.
FOREXCOM:US30
by Elliottbaba
Leading Diagonal : Elliott wave Analyisis (Elliott Baba)Leading Diagonal : Elliott wave Analyisis This pattern subdivides into 5 waves. Wave 2 never ends beyond the starting point of wave 1. Wave 3 always breaks the ending point of wave 1. Wave 4 usually breaks beyond the ending point of wave 1. Wave 5 in the absolute majority of cases breaks the ending point of wave 3. Wave 3 can't be the shortest. Wave 2 can't be a triangle or a triple three structure. Waves 1, 3 and 5 can be formed like impulses or zigzags.
NSE:INDUSINDBKEducation
by Elliottbaba
40% up-leg incoming in Harley-Davidson!Harley-Davidson is just starting to take off in wave III. The initial "wave I'' was witnesses in the stock through the period between late Oct-late Dec. Wave II was a mere 38.2% retracement of the impulse(a sign of strength) and now the corrective pattern of the wave II seems to have completed all legs. Wave III projected target zone comes to approx. $45-50. With the kind of current risk-reward potential that the stock is offering at CMP, looks like a good pick in the up-trending Automobile sector.
NYSE:HOGLong
by neeraj_2_sharma
TRIANGLE CORRECTION : ELLIOTT WAVE ANALYSIS TRIANGLE CORRECTION : ELLIOTT WAVE ANALYSIS A triangle is a sideways movement that is associated with decreasing volume and volatility. Guidelines Triangles have 5 sides, Corrective structure labelled as ABCDE Location : a- Usually happens in wave B or wave 4 b- Wave D in triangle itself c- If in second then 2 will be zigzag and this will happen in B of zigzag d- X wave of Double Three correction and XX wave of Tripple Three e- XX wave of Double Zigzag correction f- Wave D in triangle itself Subdivided into three (3-3-3-3-3) Subdivision of ABCDE can be either ABC, wxy, or flat
NSE:MGL
by Elliottbaba
TRIANGLE CORRECTION : ELLIOT WAVE ANALYSIS ( ELLIOTT BABA)TRIANGLE CORRECTION : ELLIOT WAVE ANALYSIS ( ELLIOTT BABA) A triangle is a sideways movement that is associated with decreasing volume and volatility. Guidelines Triangles have 5 sides, Corrective structure labelled as ABCDE Location : a- Usually happens in wave B or wave 4 b- Wave D in triangle itself c- If in second then 2 will be zigzag and this will happen in B of zigzag d- X wave of Double Three correction and XX wave of Tripple Three e- XX wave of Double Zigzag correction f- Wave D in triangle itself Subdivided into three (3-3-3-3-3) Subdivision of ABCDE can be either ABC, wxy, or flat
NSE:COROMANDEL
by Elliottbaba
Regular Flat : Elliott Wave Correction Regular Flat : Elliott Wave Correction Identified By student which shows the complete formation of Elliott wave flat correction which is following basic the rule of subdivision of wave as 335 . Although Find the basic rule for flat correction for your prectice : REGULAR FLAT : 1- A Corrective 3 waves move labelled as ABC 2- Subdivision of wave A and B is in 3 waves 3- Subdivision of wave C is in 5 waves impulse / diagonal 4- Wave B Terminates about the beginning of Wave A 5- Wave C Can Terminate Till End Point of Wave A 6- Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
NSE:INDRAMEDCO
by Elliottbaba
BITCOIN on its journey towards $100K.The crypto after having witnessed a 77% crash between Nov.2021 and Nov 2022.,started on its recovery path. The structure i can best label the crypto would be a 1-2-i-ii at this moment from the 2022 bottom(a pessimist analyst will label it as ABC) . From here on the journey according me is only towards new highs. Wave iii of 3 comes at roughly the previous ATH and after surpassing it the journey should still continue towards 100K mark(approx.)
BITSTAMP:BTCUSDLong
by neeraj_2_sharma
TAIWAN moves into wave iii of 3 and opens up to more upside!The TAIWAN market index(TWSE) is spotted moving up in wave iii of wave 3 structure. The last impulse in the index(wave i of wave 3) was seen during the months of Nov-dec and then came a subsequent correction of the same that retraced 38.2% of the rise. Now that the corrective wave ii is done, the index has started the rise again in wave iii. Wave iii of 3 can be projected moving towards the 19-19.1K zone. Wave 3 itself however, could be projected going much higher into the 20.2K-20.5K zone.
TWSE:IX0001Long
by neeraj_2_sharma
$W ELLIOT WAVE ANALYSIS This analysis reflects my perspective on NYSE:W through the lens of Elliott Wave theory. I acknowledge the potential for error and welcome any feedback or alternative viewpoints. Based on my analysis, it appears that NYSE:W has completed its corrective phase and is now poised for a robust bullish trajectory, forming a leading diagonal pattern. Both wave 4 and its sub wave B seem to have concluded, leaving only sub wave C and wave 5 remaining for completion. I anticipate wave 5 reaching approximately the 0.764 extension before undergoing a corrective phase in line with wave 3.
NYSE:WLong
by thekidtrader11
1
$BABA COORECTED ELLIOT WAVE ANALYSIS In my Elliott Wave analysis of BABA, I've observed a corrective pattern since its inception, with the peak occurring during the 2020 bull market. The correction seemed to have ended when BABA hit bottom in 2022. Following this, it appeared to start a new upward wave (wave 1), followed by a corrective phase (wave 2), which now seems to be complete. It's important to note that the placement of the other waves is solely for identification purposes and does not indicate any specific targets. This suggests that BABA could be gearing up for a bullish wave 3, making it quite promising for the long term.
NYSE:BABALong
by thekidtrader11
3