Gold (XAUUSD) has recently shown signs of a potential downturn. After reaching a significant resistance level, we are seeing bearish patterns indicating a possible shorting opportunity. With the current market setup, a short position on XAUUSD appears promising. However, it's crucial to stay updated with market news and economic indicators that could affect gold prices.
Nifty is near to complete correction or major B and as per price action also price reached at origin LS Kink. this whole up move is just a correction of previous fall (A) already nifty completed it 5th wave with ending diagonal and this whole correction of ABC is due. Now it looks like B is completed and C will start and it will ne sharp fall as A .
Crudeoil tested LS Kink wiith 3Drive and Failed QM followed by Stacked RS. Lower side LS KInk already tested at retracement of 786.but 2nd wave looks like isint completed . one more fall expected before starting 3rd long wave.
EURJPY on Bat and got rejection from Monthly Key Level, Also on HTF iss completed AB=CD X to A is a sharp fall hence we consider current uptrend as correction of B and expecting a fall of C which will complete AB=CD at around 150
Nifty mafe wolfewave and it might give a fake out to trap buyers. 19103 is crucial level as per harmonic also. lets see how to react . Traget is very deep .
Nifty made new high as i said in my group on may 17, Now its time for a pullback. expecting it to hit 19087-103 It will become weak if it break 18592, targets on chart
US30 in HTF looks like forming bat, price swapped the base as per RTM and price approach forming 3 drive.It might take few months to reach target but once it react from C it would definetly complete prz
TVSNOTORS broken MS and retrurned to demand for collecting pending orders. Demand is aligned with LS. A very potential setup with good RR trade
Wipro forming bearish Gartley and prz is at hidden base which is aligned with left shoulder, in RTM terms we call it LS kink , Also known as Quasimodo/QM , Remember only short when we get a swap in atleast 5 min timeframe,
Nifty has wolfe wave with divergence , in RTM terms it call as fake out, stacked RS breakout and compresssion with dtive/wolfe wave clearly shows that its a fake out. alreadt did the swap of base so its just a trap.
Silver has shark on daily timefram with perfect BC resiprocal. lets wait for swap and retest for final target.
Naturalgas on reversal due to cypher completion and also as per RTM a very good level to long now.
Bearish wolfewave in lalpathlab in 15 mn TF. price in flG LIMIT
M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe. Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272. Forecast of gartley if broken B
Banknifty had wolfewave and near to its target , interesting thing is wolfewave target and cypher prz are at same level. Current supply is tested thrice (including current attempt to break) Looks like it will trap bulls by giving breakout ... Upside a significant supply with left shoulder is waiting to pull price down. Previous quasimodo failed to break low hence...
Glenmark is near to demand zone but not a significant one, Forming wolfe wave but potential cypher and significant demand aligned at lower side.
Auropharma has bearish wolfewave , There are two potential reversal level. one at abpve supply and second at cmp. SL and target marked.