AMARAJABAT Long TradeAMARAJABAT had broken its trendline into a new Impulse a year back.
The stock has managed to come to complete a Triangle wave 4 and is ready for a new leg of Wave 5
CMP 580, Target a minimum of Wave 1 which comes out to be ~700
A small SL of 34 points i.e. ~546 which is the support of A-C Trendline
Waves
NZDCHF - Catch This Breakout!NZDCHF is currently in a major ABC correction. We're in wave B and looking to catch Wave C.
Trade Idea:
- Watch for lower timeframe reversal through trendline break, BOS etc
- Enter with stops below the breakout lows
- Targets: 0.584 (300pips), 0.604 (500pips))
Goodluck and as always, trade safe!
Attack to 3 topIn the weekly period, gold is reaching a very important resistance point, if it cannot cross it and there is a correction, we will face a 3 top3 pattern.
However, in terms of waves, we are in the fourth wave, and if we break the previous ceiling, we will enter an upward trend
EURX SELL PROJECTION (LAST DROP)The market is currently in a complex correction which carries or bears three wave structure (WXY waves). As we see, wave X is about to be completed on only if the red line gets broken below. The last wave which is the wave Y is set to carry three sub waves with the 5-3-5 formation of its sub waves.
COMPLEX CORRECTION - WXY
WAVE W - 5 WAVES
WAVE X - 3 WAVES OR TRAINGLE
WAVE Y - 3 WAVES
Uh oh, the first target of the Elliott wave might be coming soonUh oh, the first target is about to be destroyed soon. The next targets are 36k and 45k, which will be tracked using our real-time wave counting tool, allowing us to quickly assess market conditions.
Waves can do a bullish movementWaves is in a Falling wedge pattern. This means the price is going to become Bullish Pretty soon. Right now the price is around 2.1$ and no break out has happened yet but it's right around the corner. after the break out happens, the price shall reach the resistance level around 3.5$
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
🔥 Bitcoin Following Elliot Wave Pattern: Correction Incoming?A couple of week ago I made an analysis on Bitcoin and the fact that we can potentially follow an Elliot Waves pattern. For now, my idea seems to hold.
With BTC breaking out this week, we're now in a huge resistance zone that goes back all the way to 2021 and 2022. Furthermore, the weekly RSI is approaching overbought territory quickly.
We can easily move up another HKEX:2 ,500 from here, but I think we need some serious buying to break through HKEX:32 ,500.
Consequentially, I think that there's a lot of investors waiting for the weekly RSI to reach overbought that either want to sell their BTC that they bought in 2023, or that look for shorting.
Not sure where the correction will bring us. For now I look at the August 2022 top around HKEX:25 ,200, but it could also be higher.
BTC price target based on 2 ABCs on 4h timeframe2 ABCs on the 4h tf. Targets 100% and 161.8% are closely aligned. That's where I'm targeting.
IBM daily bearish hammer end of wave 5 expect ABC correctionOrder SELL IBM NYSE Stop 136.56 LMT 136.56 will be automatically canceled at 20230401 01:00:00 EST
IBM daily bearish hammer end of wave 5 expect ABC correction at least.
LMT daily all time high expect ABC correctionLMT daily all time high expect ABC correction at least if we clear this compression below.
SO daily compression with upper wicks wave 5 downtrendSO daily compression with upper wicks wave 5 downtrend
WRB daily bearish hammer at all time highWRB daily bearish hammer at all time high would expect at least ABC correction
AMD monthly head and shoulders target wave 5 of C correctionAMD monthly head and shoulders target wave 5 of C correction wave. AMD $40 )))
BG daily pinnacle pattern wave 4BG daily pinnacle pattern wave 4 don't be greedy ABC correction is to follow
AAPL bullish hammer at the beginning of wave 3 uptrendAAPL bullish hammer at the beginning of wave 3 uptrend don't hold over earnings.
ABBV daily bullish hammer beginning of wave 3 wave 5 uptrendOrder BUY ABBV NYSE Stop 145.78 LMT 145.78 will be automatically canceled at 20230401 01:00:00 EST
ABBV daily bullish hammer beginning of wave 3 wave 5 uptrend that was ABC correction.
AMD weekly wave 5 of C wave correctionAMD weekly wave 5 of C wave correction watch for entries at the exhaustion of countertrend wave 4
TSLA daily end of wave 5 downtrendTSLA daily end of wave 5 downtrend if we break above this bearish volume lot's of bears get trapped
SCHW daily compression building for wave 5 uptrendSCHW daily compression building for wave 5 uptrend if we break above this bullish hammer will probably run
TAL daily wave 2 of 5 wave uptrendSell to Open TAL Nov 18 2022 4 Put Limit at $0.08 (Good 'til Canceled)
TAL daily wave 2 of 5 wave uptrend
AMZN daily ABC correctionSell to Open AMZN Nov 18 2022 90 Put Limit at $0.14 (Good 'til Canceled)
AMZN daily ABC correction
