HAPPY New Year in advance to all traders /investors Dear traders , as you can see in image nifty is making correction and now it is at the final position of forming wave 4 where it will go up towards 17600,17800 . once it will complete a trangle pattern of big time frame it will start down move for completing wave 5. Now the coming tgt is 17500,17600,17800,18000...
Hey Guys, as always: Everything relevant is attached on my Chart. I expect some bearish downside pressure by beginning of the Week, followed by a strong move up.
💾Usually, after an Impulse, the market starts consolidating as a result to correct the Impulse made. This is more like stopping by to rest and take a breathe after a long walk🏃🏿♂️ After this breathe, the long walk continues🤭 ✍️Here on EURUSD, I anticipate same scenario.
Difficult to predict the next price trend. Positive signals with the hash ribbon alternate with the trends of indicators and oscillators. The various already failed breakthrough attacks and the horizontal phase increase the sense of mistrust towards a bull phase. With my analysis of Elliot I can hypothesize the formation of a final diagonal triangle on the 5th...
El nzdusd rompio el minimo anterior de la tendencia bajista anterior mostrando indicios de una tendencia alcista, en base a elliot puedo ver una onda 3 extendida y su respectivo retroceso.
El oro se encuentra bajista buscamos el impulso mas para su onda 5.