Wave Analysis
$CLSK / 4H ChartNASDAQ:CLSK in hourly time frames,
The leading diagonal in Minor degree wave 1 on the uptrend that should be in the end of its correcting down in a w-x-y (zigzag) retracement of 78.6% as the same degree wave 2. The fibonacci target at 9.55 level is expected now!
#BitcoinMining #CLSK #Bitcoin #CryptoCurrency #Crypto
#ElliottWave #WaveAnalysis #ChartPattern #TrendAnalysis #ElliottChart
UKOILSPOT "Brent Crude Oil" Energies Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the UKOILSPOT "Brent Crude Oil" Energies market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a bull trade at Pullback,
however I advise placing Multiple Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low & high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low level.
Goal 🎯: 78.437
80.000
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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Upside price movement Can start in Hdfc Life insurance According to Elliott wave analysis, Price is all set to start its wave 3 till 1000rs first target.
Fundamentals are supporting its technicals so its perfect time to buy in price range 620 to 650
Date 20 dec 2024
1=Balance sheet- good, 3 on 3
2= a= sales, profit- increasing, highest this year
b= employee & staff expense- increasing
c= interest- 0
d= profit before and after tax- highest
3= Investor - fii/dii are there, public has only 6%
4=Credit Rating = AAA
5= General details
a= Market cap=1,33,600cr
b= pe=79 ,median pe= 91, industry pe=53.4
c= ROCE=6.6 , ROE=11.4 , Debt = no
Amazing Fundamentals.
OPPORTUNITY FOR SELL GBPCADWe have these indicators for SELL opportunity:
- Reflection from the major downtrend line originating from 2005
- Low volume to continue the current direction
- Reflection from the top of the parallel channel
- Return/re-test to 3M + 1M high
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
Steadfast Group Limited | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Steadfast Group Limited
- Double Formation
* (Neckline) At 6.1600 AUD | Subdivision 1
* Retracement | Not Numbered
- Triple Formation
* Trend Line 1 & 2 | Survey Valid | Subdivision 2
* 012345 | Wave Count | Configuration Entry | Subdivision 3
* Retracement | Numbered At Daily Time Frame
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
AUD/JPY Short and GBP/AUD ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/AUD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
RENDER trade entry set upLong term analysis
On a weekly timeframe, BINANCE:RENDERUSDT is developing a powerful bullish wave since January 2023. The last corrective wave (around -70%) seems to be ending with a reversal pattern. In addition we have a weekly golden cross signal which from history gave good opportunities from the last 2 waves and the flat and narrow bollinger bands hint at a potential explosive move upward.
Strategy
Buy on the break of the resistance line of 7.70$.
Objective 1: back to the next resistance at 9.80$ (+30%)
Objective 2: ATH at 13.50$ (+75%)
Objective 3: Wave V extension around 30$ (+290%)
Invalidation
Mental Stop: below the last low of 6.90$
If prices retrace to this level we will wait for the daily close price then set a Stop loss ¼ or Risk below the weekly close price.
BTCUSD - Bitcoin's global uptrend is complete.BTCUSD - Bitcoin's global uptrend is complete.
the global uptrend on Bitcoin (BTC) has come to an end. This point of view has caused an active discussion among traders and investors, especially after key support levels were broken and the market entered a prolonged correction phase.
The main arguments of the “wave-watchers”
Completion of the 5th Elliott Wave
According to Elliott's theory, the global uptrend consists of five waves: three impulsive and two corrective.
Some analysts argue that the fifth wave ended at Bitcoin's all-time high around $69,000 in 2021, after which a long correction cycle began.
ABC-shaped correction development
After the completion of the fifth wave, the market may form a correction in the form of three waves (ABC).
Bitcoin's current dynamics, including the price decline in 2022, is seen as the realization of this correction structure.
Loss of key support levels
Levels that used to serve as strong support (e.g. $30,000 and $20,000) have been broken. This reinforces the view that the market is already out of its global bullish trend phase.
Declining institutional interest
Many large investors have slowed down their investments in Bitcoin, which also indicates a possible downturn in the long-term uptrend.
What to expect next?
Wave structure
The current correction may be temporary and the market will enter a new phase of growth (the beginning of a new cycle of waves).
Key levels to confirm the trend
If the price comes back and consolidates above $30,000-$35,000, it will be a strong signal of bullish trend continuation.
A move below $10,000 could confirm the end of the global uptrend.
Long-term outlook
Bitcoin is still an attractive asset to hedge, especially given its limited supply (21 million coins).
Usoil trade WTI moves below 69.00, further downside seems possible due to stronger US Dollar
West Texas Intermediate Oil price extends its losing streak for the fifth successive session, trading around $68.90 per barrel during the Asian hours on Friday. Crude Oil prices, denominated in dollars, are on track for a weekly decline due to a stronger US DollarCrude Oil, commonly known as petroleum, is a naturally occurring fossil fuel liquid composed of hydrocarbon underground deposits and organic materials. The prices of this popular commodity are measured in USD. Saudi Arabia, Russia, United States, Iran and China are the countries producing more oil. On the other hand, United States, China, Japan, Russia, and Germany are the countries consuming more oilCrude oil is classified into various grades according to density (heavy vs light) and sulphur content (sour vs sweet). The lighter and sweeter the crude, the higher the price it can be sold, because refiners can produce higher yield of high quality refined products from it.
Density is measured by API gravity, a measure developed to compare the density of petroleum with water (API > 10 means the liquid floats on water) but is now widely used to compare among crude oils. API degree is inversely related to the density of crude oil. In general, crudes of API between 40-45 degrees can be sold at greatest commercial values