XtinCt

XtinCt Updated 

CoVid situation has me a little bearish on the Indian markets. but JK tyre looks pretty nice here. The candlestick pattern on the Weekly is bullish, there's a nice bounce from the moving average on the same timeframe which was also around 61.8 % of the whole move to the upside. The Golden Zone. My targets are in 125-130 range. if this is an impulse , it could go...

XtinCt Updated 

Could be the greater 5th underway. Not a financial advice

XtinCt Updated 

I had posted my primary count for Ethereum classic on the weekly frame earlier, which had it doing a big WXYXZ down. I'm still holding onto that count but then this wedge breakout has me thinking otherwise. Impulsive indications from this descending wedge breakout is telling us that this might be start of an impulse up afterall. but nothing is for sure. we'll...

XtinCt Updated 

Ascending broadening wedges breaking upwards , that might remind you something if you're not new to this. ETH against bitcoin has started showing nice recovery after breaking that bigger wedge with pink lines . I am already long from 0.027-0.028 range and my initial potential targets are indicated by those green line near the top of the wedge . That yellow wedge...

XtinCt Updated 

This looks like a perfect example for a count that might actually play out on the hyperwave structure. As you can see this movement down from ATH looks more like a WXY (3-3-5) , with an ending diagonal indicating an end approaching to this downplay. My target for Z of this larger Y is below that gap near INR 300-330 range which yet to be filled. It'll be...

XtinCt Updated 

Although, there are counts out there doing a big WXY , I'll be taking this large movement down on the weekly frame impulsive down and I have my reasons for that. The down move was nice and fast and this bounce has a volume confirmation pointing towards a down move.I don't disagree to the fact that this looks equally reasonable with WXY as primary but I don't buy...

XtinCt Updated 

A Sigh of relief maybe for vechain with this small rally in the market. I believe this movement down from swing high might be a deep wave B. But i have to agree to the fact that structure wise it looks a bit weird. Taking this wave down as a descending wedge , its clearly visible that this breakout had increased volume. Will have to wait and watch if it gives a...

XtinCt Updated 

Apple is a bit tough one to do as there are more than 2 possible scenarios with similar probabilities . I have counted it on weekly frame first to get a proper view of the possible larger trend. Taking this whole movement (from ATL to ATH) as a larger wave 1 , its pretty obvious that we have a long way to go down before we see any significant break upwards, unless...

XtinCt Updated 

My count has gold doing a large ABC since Sept' 12, presently on the B wave up of the larger C . This larger C is making an ascending triangle type pattern but its more like an ABC triangle, IMO. No one can be sure though. I think it will print an extended flat for this larger C which has going around swing high level i.e INR 3500-3600 ranges. kind of a technical...

XtinCt Updated 

This one's pretty common out there so there's not much to share on this. Hidden bullish divergence appearing with the RSI is a good sign . Horizontal support and resistance lines are my potential long term targets here. There's plenty of room for this count to be valid so we'll havve to wait and watch how it turns out. Remember , this is not a financial advice...

XtinCt Updated 

As I see it , PC Jewellers might be doing a X wave after completing Y on 26th oct '18 . Although we can't ignore the possibility that it could be start of a disguised impulse after the completion of a larger WXY from ATH , its still a less possible outcome as the wave structure of this rally suggests otherwise. Volume looks better but it has started giving...

XtinCt Updated 

Idea might be good to go for a small bounce before continuing the downtrend which looks like an WXY on the larger time frames(W,M). The Ascending broadening wedge on the medium time frames which could also be an ABCDE correction in 4rth up of C of Y , broke down nicely. IMO,We're doing 2 of 5 of C of Y down. After that I expect a break out of that descending...

XtinCt Updated 

Bullish divergence with rsi on the daily. Doing 5 waves down of a larger C of Y of next larger degree, IMO. Expecting a small bounce out of the descending wedge forming inside another descending broading wedge that I'm not too confident about. Potential targets indicated by horizontal support/resistance lines. Break out of the descending broadening wedge would...

XtinCt Updated 

Looks like, its inching towards completion of this consolidation after that furious dump. Honestly , its a bit difficult to say how it will or might turn out. But I have my most probable count bearish which i'll be watching and playing for the next few weeks. i have taken this downturn as an impulse on the shorter time frames as it all happened so fast . So that...

XtinCt

short - mid term long - long term RSI also showing bullish divergence on the daily with increased trading volume . continuation downwards would invalidate the count This is not an investment advice and just an my opinion regarding possible future price action. DYOR, Make your own decisions and tread carefully (: Thank You

XtinCt Updated 

GMR is giving impulsive indications out of the blue. My count has it doing an ABC on the longer time frames , currently on the C down to complete a larger 2 of an impulse of next larger degree. I have my bids spread in INR 13-15 region. Although , it can all turn out to be a false hope and the market can continue downwards if there not enough buy pressure to...

XtinCt Updated 

Idea might be good to go for a small bounce before continuing the downtrend which looks like an WXY on the larger time frames(W,M). The Ascending broadening wedge on the medium time frames which could also be an ABCDE correction in 4rth up of C of Y , broke down nicely. IMO,We're doing 2 of 5 of C of Y down. After that I expect a break out of that descending...