shiva560060

shiva560060

📊 BTC/USD Technical Analysis (8H Timeframe) ✅ Wave Count Summary ✅ The 5-wave impulse structure is clearly completed. Wave I to V is visible and respected the Fibonacci zones. Now transitioning into an ABC corrective phase, typically part of an A-B-C Zigzag. 🔻 Current Move: Wave A The price has started correcting from the Wave V top (~$112,000). Wave A has begun...

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🔍 Technical Analysis Summary – Natural Gas (NG1!) 📉 Left Chart (Daily Timeframe – ABC Correction): Market structure shows a clear ABC corrective pattern forming. Wave A completed with a sharp down move. Wave B retracement is also complete. Now initiating Wave C, projecting a downside target near $2.90–$3.00. The structure indicates a correction within a larger...

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🟡 GOLD – Triangle Formation Breakdown (Bearish Continuation Pattern) -> Gold is forming a falling triangle pattern, typically a bearish continuation setup. -> The structure has completed all 5 internal corrective waves within the triangle. -> Price is nearing the triangle apex, indicating a likely breakout soon. -> Since the pattern occurred within a prior...

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📉 DOW JONES – Head & Shoulders Pattern Formation (Right Shoulder in Progress) The chart illustrates a clear Head & Shoulders (H&S) pattern, a classic bearish reversal signal, forming on the higher timeframe. 🧠 Pattern Breakdown: Left Shoulder: Formed in early March. Head: Sharp dip and recovery formed during early April. Right Shoulder: Currently in the making,...

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🟡 GOLD Technical Analysis – Double Harmonic Pattern Breakdown On the 30-minute chart, Gold has formed two consecutive Harmonic patterns, both of which are now showing signs of exhaustion near their completion zones. 📌 Key Observations: The first Harmonic pattern has completed and indicated an initial downside reversal. A second Harmonic pattern formed...

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BTCUSD Analysis – Breakout from Triangle Pattern (as of May 18, 2025) 📌 Chart Pattern Observed: BTCUSD has just broken out of a symmetrical triangle, which had formed over the past several sessions. The breakout is on the bullish side, indicating a potential upward momentum. The breakout has been supported by rising lows and consolidation near the triangle...

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📉 Technical Analysis: GOLD (XAU/USD) – Bearish Setup Within Falling Parallel Channel Chart Observations: GOLD is trading inside a well-defined falling parallel channel. Price initially respected the lower boundary of the channel before rebounding. It made a significant break above the median (middle) line and reached the upper channel resistance, then retraced...

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BTC/USD Technical Analysis (2H Chart) Pattern Identified: A harmonic triple top formation is visible near the recent highs. This is a bearish reversal pattern, especially when it forms at the end of an uptrend after a strong bullish rally. Key Observations: Price Structure: After a strong bullish trend, BTC created three peaks around the same resistance level,...

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Current Scenario Gold has been falling continuously, forming lower highs and lower lows. The recent up-move is a retracement to the Moving Average Resistance Zone (dynamic resistance cluster). This zone coincides with a prior supply area, increasing the probability of rejection. Volume analysis shows weakening bullish momentum, indicating a likely resumption of...

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📝 Analysis: The Nifty 50 index has shown classic Elliott Wave behavior, with clear 5-wave structure completion observed on multiple timeframes. 🟢 90-minute Chart (Left Panel): A full 5-wave Elliott structure is marked. Price has completed wave 5, indicating potential exhaustion. Oscillator shows momentum weakening with a potential bearish divergence...

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📝 Analysis: Dixon Technologies (NSE: DIXON) is forming a classic Head and Shoulders pattern, signaling a potential trend reversal from bullish to bearish. The pattern structure is clear: Left Shoulder: Formed after a rally and minor correction. Head: Made a higher high but failed to sustain. Right Shoulder: Lower high formation indicating weakness. 📉 Bearish...

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Chart Observation: Gold is currently in a corrective downtrend, forming multiple Harmonic patterns. The recent structure has created a bearish harmonic pattern again, indicating potential continuation of the fall. Price has retraced into a supply zone but failed to create a bullish breakout. Key Levels & Strategy: Critical Breakdown Level: 3225 USD Below this...

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🧠 Chart Summary & Multi-Timeframe Elliott Wave Analysis 🔹 Chart 1 (Left – Weekly View): Nifty completed an A-B-C corrective structure, where wave B has peaked. We now expect a long-term impulsive C wave downward, targeting below wave A’s low (~22,000). 🔹 Chart 2 (Middle – Daily Zoomed View): This zoom-in decodes wave B as its own internal A-B-C structure, now...

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📉 BITCOIN (BTC/USD) – Possible Breakdown Ahead | Inverse Double H&S Failure Pattern Chart Overview: Bitcoin has formed a rare and complex Inverse Double Head & Shoulders structure — typically a bullish reversal pattern. However, such extended and repeated formations tend to fail in most real-world scenarios and act as a reversal trap. This failure often leads to...

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📉 GOLD – Butterfly Harmonic Completed | Retracement Expected Before Next Up Leg Timeframe: 15-minute chart Date: May 5, 2025 🔍 Technical Pattern Observed: Gold has been consistently trading within a series of harmonic patterns, notably forming W-structures throughout each corrective phase. The price action has respected harmonic symmetry, forming: Multiple...

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📉 DIXON – Complex Head & Shoulders Pattern Formed – Bearish Outlook Timeframe: 15-minute chart Date: May 5, 2025 🔍 Chart Pattern Observed: DIXON has formed a Complex Head and Shoulders (H&S) pattern, which is typically a trend reversal pattern. This specific setup consists of: Two Left Shoulders (LS#1 and LS#2) One Central Head Two Right Shoulders (RS#1 and...

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As per the current 30-min chart, Gold appears to be completing its corrective structure and is now poised for a bullish reversal. Key observations: 🔹 Support Zone: Gold has respected the 78.6% Fibonacci retracement level (~3210), showing strong demand in this region. This marks the potential base of the upcoming 5th Elliott wave. 🔹 Trigger Level: Price needs to...

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Chart Structure Overview: Pattern Formation: NIFTY has completed an Expanding Triangle pattern at the top. Before starting the Expanding Triangle, a Final Exhaustion Gap was created — typically a strong signal of trend reversal. Volume Behavior: During the Expanding Triangle, volume gradually decreased, indicating loss of momentum. Volume pattern confirms...