Neowaveforecast
DON'T EXPECT MORE FALL IN NIFTYNeo wave Extracting triangle pattern(Limited corrective activity)is just completed in NIFTY INDEX.
It is over assumed and corrective action completed as c5 corrected only 0.618 times of c1
16855(c5 low) is the stop for longs and cross above 18000 is the indication for next bull market
Earnings season, Covid relief, short covering may fuel the market
EURUSD BUY OPPORTUNITYThis analysis has been done base on NeoWave Theory and ICT price action.
I'll be looking for boy opportunities in the blue zone for First Target above the liquidity and second target the orange res. Zone.
Form the bottom, wave A and most of Wave B has been completed and I'll be looking for Wave C to take place.
Don't worry crude will cool to $60Brent crude completed its 'A' wave after a WEDGE break-out.
It reached 76.8% of wave 'A'@$115.60, and started to fall
Economical slow down will not support its way up,
the result is formation of wave 'B' downwards until 61.8% of wave' A' ($60)
the maximum time as per Neo wave is june24
BTCUSD in Long-TermHi
I think Bitcoin is on a bullish diametric pattern in long-term since 2009. that we are in wave-G. we can consider 2 scenario now.
1- we can assume wave-G have been ended at 67000$ and we started a wave -X that can be continue to year 2024.
2-we can assume wave-G have not been completed yet and it will develop as a diametric itself.
If BTCUSD break 20000$ in the next 2 month, I choose scenario 1. else scenario 2 is the best.
Crude Oil - NEoWave Analysis 01NEoWave Analysis of Crude Oil Chart within Monthly timeframe Cash Data (NEoWave Data)
First target: 150 $
Second target: 210 $ (if the price stabilizes in the range of 150 $ to 100 $)
Third target: 250 $ to 300 $ (if the pattern progresses in diametric form)
NEoWave Analysis of Orion/Dollar Chart within Daily time frameNEoWave Analysis of Orion/Dollar Chart within Daily time frame