Banca Generali (BGN - Italy) - ABC wave patternBanca Generali (BGN - Italy) is in ABC sequence down after Impulse cycle over in weekly time frame. This is the part of bigger WXY cycle. Currently price is in B wave up as wxy complex wave, where y wave is in progress as abc and b was triangle. Wave C should be fast as the result of triangle, which will complete B wave of major Y wave down.
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FinecoBank SpA, Banca Fineco (FBK - Italy) - ABC wave patternFinecoBank SpA (FBK - Italy) is in ABC wave pattern in 60 min time frame. Wave A was leading diagonal structure & wave B is complex correction, which is in progress. After that C wave up will start. In daiy time frame, this sequence is either the part of bigger WXY correction or may be the C bigger wave up as impulse, which will be known as time progresses.
Industria Macchine Automatiche (IMAI - Italy) - ABC wave patternIndustria Macchine Automatiche (IMAI - Italy) is in ABC wave pattern in 60 min time frame (or impulse wave 5th of C as shown in weekly). wave B is sharp and may be about to end soon. Wait for impulse up wave to confirm the C wave up move has started. C wave might be a 3rd wave of 5th major wave of C wave in weekly time frame, which will be known as chart progresses. A wave in 60 min time frame was leading diagonal, means C wave will be very sharp movement upside expected.
Hitachi Ltd (6501 - Tokyo) - C wave upHitachi Ltd (6501 - Tokyo) is in Technology stock in Japan, which in WXY pattern in Weekly time frame from 2010 low and currently in Y wave up in ABC sequence. Price is in C wave up, which confirmed when it completes five wave sequence in smaller time frame say 60 min. In 30 min time frame it made A wave up followed by complex B wave. Now C wave up is in progress with 3 wave set up. Within this week the earning will be release after 4 days. 3293 is the level which is currently acting as resistance and once it will broke, price will be rallied so fast towards C up.
USDCAD Wave Pattern updatedSorry I didn't post this earlier, but I see more upside on Ucad and the DXY. The US is starting to reopen and the wave pattern on DXY tells me that it needs to spike if it is going down more. I'm long Ucad, short EURUSD, long UsdZar. I suggest you at least watch the beginning of this video..... The Truth About Trading, Prepare To Be Enlightened: Banks, Wave Theory, Robots, And Being Human
Video link to my youtube channel on my profile, plus the video link is on my profile.
Cipla Ltd (CIPLA - India) - ABC zigzag patternCipla Ltd (CIPLA - India) is in ABC from major bottom as shown chart. After strong A wave, price just giving B wave flat within upper 24% area. Now wave C is started with relative high volume & also break the resistant trend line, which go for next new high with high possibility, until invalidation area should not be breached.
Allianz SE (ALV - Xetra) - ABC zigzag wave patternAllianz SE (ALV - Xetra) is in ABC zigzag wave pattern from major top made in Daily time frame. It already completed B wave in complex correction and after completion of B wave, it started under-performing DAX index and moving down in C wave. Now 3rd of 3rd wave starts moving down, which should be much sharper.
Gasoline futures (RB) - ABC wave patternGasoline futures (RB) is in ABC flat wave pattern from major bottom as shown in chart. Wave 3rd of C up is in progress and will be ending soon. After that wave 4 will be correct it down, which may be flat or triangle. On completion of 4th wave down, one more upward movement as wave 5 would be there on chart. Plz share your comments if you have any opposite wave count ?