RK_Chaarts

RK_Chaarts

Hello friends, today we'll attempt to analyze the (DXY) US Dollar Index chart using Elliott Wave theory. Let's explore the possible Elliott Wave counts with wave Principles (Rules). We've used the daily time frame chart here, which suggests that the primary cycle degree in Black weekly wave ((A)) and ((B)) waves have already occurred. Currently, wave ((C)) is in...

RK_Chaarts

Hello friends, let's analyze the DLF chart on a daily time frame. Currently, we're observing a corrective phase, where the stock has completed a flat correction pattern (A-B-C) with a 3-3-5 structure. Following this correction, we've seen a significant drop, accompanied by a strong double divergence in the RSI indicator. Where Fibonacci Retracement of last long...

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Hello friends, let's analyze the Gold CFD chart from a technical perspective. As we can see, the higher degree Cycle Wave III (Red) has completed, and we're currently in Cycle degree Wave IV (Red). Within Wave IV, we expect a Primary Degree ((A)), ((B)), and ((C)) in Black. Wave ((A)) has completed, Wave ((B)) is almost complete, and Wave ((C)) is expected to...

RK_Chaarts

Hello friends, let's analyze Dogecoin, a cryptocurrency, from an Elliott Wave perspective. This study uses Elliott Wave theory and structures, involving multiple possibilities. The analysis focuses on one potential scenario and is for educational purposes only, not trading advice. We're observing the daily chart, and it appears we're nearing the end of Wave II, a...

RK_Chaarts

Hello friends, today we'll attempt to analyze the Bitcoin chart using Elliot Waves. Our approach will involve using Elliot Wave theory and structures, which involve multiple possibilities. The analysis we present here focuses on one potential scenario that seems possible to us. Please note that this information is for educational purposes only and should not be...

RK_Chaarts

EDUCATIONAL POST Technical Analysis of ONGC Stock This post is for educational purposes only and should not be considered as investment advice. In this post, we'll analyze the ONGC stock chart using technical indicators. Key Points: 1. Bullish Divergence: Price and MACD are diverging, indicating a potential reversal. 2. Bullish Divergence: Price and...

RK_Chaarts

Hello Friends, Today we are plotting Elliott wave counts on Case study chart of "Tata Motors Ltd". In this study we used Elliott Wave Theory & Structures, it involves multiple possibilities, and the analysis presented focuses on one potential scenario. The provided information is for educational purposes only, not trading advice. There's a risk of being...

RK_Chaarts

Hello Friends, Today we have plotted Elliott wave counts on NVIDIA Corporations chart Technical Analysis Case study, In this study we used Elliott Wave Theory & Structures, it involves multiple possibilities, and the analysis presented focuses on one potential scenario. The provided information is for educational purposes only, not trading advice. There's a risk...

RK_Chaarts

The chart suggests a potential downward trend for Silver to complete wave (C) Blue of wave ((4)) Black and then wave Uptrend ((5)) Black. Elliott Wave Structure: The chart appears to be in a corrective wave structure, likely a Zigzag. The current position seems to be within a corrective wave ((4)) Black in which wave (A) & (B) are completed and now we are...

RK_Chaarts

Reliance Industries Technical Analysis based on Elliott Wave Counts (Possible) Chart: The analysis is based on a 2-hourly timeframe chart of Reliance Industries (RELIANCE). Elliott Wave Theory: The analysis utilizes Elliott Wave Theory, which suggests that market prices move in repetitive patterns called waves. These patterns consist of impulsive waves...

RK_Chaarts

Chart say everything with Elliott wave counts and Chart Patterns Looks like Inverted Head n Shoulder chart pattern, yet to Break above Neckline. Scenario also aligns with Impulse wave counts. Elliott Wave Counts Inverted Head n Shoulder Chart Pattern Yet to confirm Breakout I am not Sebi registered analyst. My studies are for educational purpose...

RK_Chaarts

Technical Analysis of Reliance Industries (RELIANCE) based on Elliott Waves This analysis is based on Elliott Wave Theory and is for educational purposes only. It does not constitute financial advice. Investing involves risk, and past performance is not indicative of future results. Always consult with a financial advisor before making any investment decisions....

RK_Chaarts

Technical Analysis of MARA Based on Elliott Waves. The following analysis is based on the provided chart and is for educational purposes only. It does not constitute financial advice. Investing in stocks involves risk, and past performance does not guarantee future results. Always conduct thorough research and consult with a financial advisor before making any...

RK_Chaarts

Technical analysis chart of the cryptocurrency "COIN" using Elliott Wave Theory. Elliott Wave Theory is a technical analysis method that suggests that financial markets move in predictable patterns based on a series of five waves. The information provided in this post is for educational purposes only and should not be considered as financial advice. There is a...

RK_Chaarts

Technical analysis chart of the Energy Select Sector SPDR Fund (XLE), with Elliott wave analysis overlaid. Let's break down the analysis based on the chart and labels: Overall Analysis: The chart suggests a bullish trend for XLE, based on the Elliott wave structure. It indicates that we have completed wave ((4)) of wave V and are now in the unfolding wave...

RK_Chaarts

Elliott Wave Analysis of EURUSD This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk, and individuals should consult with a financial advisor before making any investment decisions. Current Analysis Based on the provided Elliott Wave chart, we've identified the following: Completed Waves: Waves...

RK_Chaarts

Technical Analysis of JINDAL STEEL & POWER LTD. based on Elliott Wave Principles This analysis uses Elliott Wave Theory and structures, offering one potential market scenario among multiple possibilities. The information is for Educational purposes only and should not be taken as trading advice . There is always a risk of being incorrect, and users should not...

RK_Chaarts

Cut the Cord: A Trader's Survival Guide How to Cut Losses Wisely: A Trader's Guide Mastering the Exit: A Trader's Handbook As a trader, it's inevitable to encounter losing trades. However, the key to success lies in how you manage these losses. By implementing effective strategies, you can minimize their impact and stay on track towards your financial goals. ...