On the chart here I see two possible bullish scenarios for AJ. I think price could move up from the 100% fib level or if bearish pressure persists it could drop down to the .618 level. From an Elliot Wave point of view, we should be in Wave 4/ B Leg and soon be entering into Wave 5/ Leg C. This whole bull run may just be an ABC retracement on the larger time...
AGI/BTC is in an uptrend alright... Its trading above the EMA200. I decided to use an elliot wave to track the price trajectory... not bad. I can estimate price to move towards the 0.00000250 region before retracing back to 0.000000234 region then climbing higher again to completing the 5th wave cycle at 0.00000270 Its my first try at plotting an elliot wave......
ONGC has formed Wolfewave at 1 Hour Timeframe. Target mentioned in chart.
I have spotted a breakout of the trend line with a retest, possible downwards move from here. What do you think?
USD/JPY Possible Short Setup One on the H4 Four Hour Chart The daily chart is sideways but it does have some momentum downwards previously The dollar index is overall downtrend but taking a pause right now. Lets see if this is a potential short setup.
As you can see in the picture, there is a high probability that the price will be up to 0.013149, and then the price may decrease to 0.011786, or it may collide with the supercomo, and then move up the ladder to the target of 0.015232. Signal by Yazdani
Gold Impulse wave 1704 to 1732 and Corerection is going on which will be completed around 1715. We forecast new impulse will start from 1715 for the Target of 1755
As long as we are trading under 10050$, we're tagging this impulsive move as ''B''. So 8000-7600$ area should be expected. ALTERNATIVE SCENARIO; If it manages to surpass 10050$, then we can consider this move as v of 5 and then we'll have a considerable pullback. The rational strategy is too wait and stay neutral for 1-2 days. Watch RSI trendline and volume as...
1. Elliott wave 5 2. End of wave 4 is confirmed 3.Fibo Levels
Like i mentioned in my last analysis, we would probably top out at 3200 - which we did. We're now in a corrective move but how far will we pull back? I couldn't quite capture it on the chart, but the current wave A is in it's third wave, so we will see it bottom out soon after which the corrective b wave will move up to around 3100. After this move we will see a...
Price reached 1.618 fib level, which tells me that Wave 3 should be over, check chart, price should move up now then drop back down one more time, hopefully to the 72.00 level. This is where I will close the remainder of my shorts. On a larger time frame we may be in Wave 4 heading towards starting Wave see, see prior large time frame idea for that info.
Powergrid has wolvewave at 15 min Timeframe, Go for long ... Target at chart...
Marico made wolfe wave on 1 hour TF. See chart for target...