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Elliottwaveretracement

NIFTY 50 Elliott wave viewHey guys ! Please check out the latest count in nifty as per Elliott wave theory. The nifty look in a retracement for last impulsive move from the lows of Jan 2022 and to the top of 1st December 2022. In my view the nifty has completed its wave 1 downwards and retracing for wave 2 upside, if it retraces upto 61.8% then we may start falling from 18679 that is the level of 61.8% of wave (i) downwards. All counting are marked on the chart. This is strictly for educational purpose. Your inputs are highly appreciated. Thank you.
NSE:NIFTYShort
by imkhushal
4
QQQ reversal soon?www.tradingview.com [/urlOk so with the divergence on the 4 hr it is very possible wave 5 is complete, But we have a zigzag formation that has not been completed yet, C will mark the spot at 100% extension, if we were to reverse here these are some levels to watch. I know most people are bearish and so am i BUT the market has never tanked when people expected it too, that's the only thing keeping me a little bullish, also a lot of people are shorting the market so it would be a perfect time to make a big squeeze,
NASDAQ:QQQLong
by sethsalazar70
LTIM: Elliott Wave ViewHey Guys ! Hope you all doing well, I really was busy in last 1 month and could not upload my views on the stocks. Today seen the chart of LTIM (Larson and Toubro Infotech: Mindtree). It had finished its 5 wave rally near 7588.80 on Jan 04.2022. Being in correction for the entire 2022, now it seems, it has completed its correction near 3733.30 on May 26.2022 (more than 50% from the all time high). Keeping that low as a reversal point I found a diagonal structure formed from May 26 2022 to Nov 15 2022, I have counted them as a five wave structure. To me it looks, it already have corrected about 61.8% of the move from May 26 2022 to Nov 15 2022. In a diagonal structure we assume that a correction of nearly 61.8% to 78.6 % is a healthy correction. So guys we can further see 4081.50 level if it correct 78.6% but in my view it seems it has given the signal of reversal. My invalidation point will be 3733.30 that is the low of 26 May 2022. This analysis is only for educational purpose any losses will be sole responsibility of the traders/investors. Thank you for watching this chart. if you liked the analysis please hit boost button. Regards
NSE:LTIMLong
by imkhushal
4
Depth of corrective waves. Elliott Wave.Elliott Wave Guidelines: Depth of Corrective Waves Understanding Elliott Waves is much more then the basic rules and 3s and 5s. A largely underused aspect of Elliott Waves is the Elliott Wave Guidelines. These go beyond the guidelines for each specific pattern and are meant to assist in determining the most probabilistic wave pattern. This is just the primary guideline of this larger Elliott Wave guideline. If you have found this inspiring/helpful, please consider a boost and follow! Also, check out the links in my signature to get to know me better! Cheers!
Education
by CryptoKnee
OFSS counter trend rally OFSS is in counter trend rally as a wave ABC, in which wave A and wave B are completed and now possibly we are ready to unfold wave C of B retracement in daily time frame. Price is in upper part of Bollinger band in daily Macd in daily positive crossover and Uptick Macd in weekly positive crossover and Uptick Rsi in daily above 60 uptick Dmi adx also positive in daily time frame Most traders treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you....! Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult your Financial advisor before trading or investing I am not responsible for any any kind of profit or loss
NSE:OFSSLong
by RK_Chaarts
Apple W X Y Correction Apple seems to be in a complex W X Y correction at the moment based on the Elliott waves. We saw the current top of Apple stock on Dec 13, 2021 at $181. Since then, we have been in a correction that has reached almost -30% at its lowest point. But is that it for Apple or does it go even further south? The top so far was the end of wave (3) in the Intermidiate Cycle. We are probably not at the end of a wave 1, as the correction has been rather sideways, so the market emotion seems to be mostly still positive at Apple. Theoretically, wave (4) could have already found its low at $129 and we have been in an upward movement again since then. However, since Apple shows some weaknesses again at the end of this movement and the bears still have a strong presence in the market, the approach of another low is quite likely. If we are really in a W X Y correction, it is quite possible and likely that the extension of 1.618 or 1.786 is approached. For Apple, this would be a trend reversal area between $126.57 and $121.07. However, if the low above the 129$ holds, we are now already in the 3 of the wave (v) of the III and prices of over 211$ are possible in the medium term. How can I tell which path will occur? If Apple sustainably exceeds $157.76, a bullish move is quite likely. We will have a final confirmation at the resistance of 176.20$. In the long term, values of 275$ are quite possible before the next major correction. So a price range of almost 60% starting from the current price. Long term view:
NASDAQ:AAPL
by DavidJankowski
In terms of Elliot waves, three scenarios can be considered for The first scenario is to start the upward movement from now In the second scenario, we can move up from now on, but in the future we will see weakness in the upward direction and we will move down again within 5 waves (flat correction pattern will be formed). In the third scenario, we have to move down through 5 waves, of which 3 waves have been completed so far and we are now in wave 4. So we have to have another downward wave. The maximum amount of this decrease is up to the level of 14 thousand dollars. Which scenario do you agree with?
by aligheysari73
6
Silver market catches airSilver is performing magnificently, exactly in the momentum moves envisioned by the Elliott waves. At the moment, we are in the wave (iv) of the . The wave (iii) we have completed at the high of $ 21.3 A slope of almost 19% in less than a week. Where else is there something like that? We reach the end of wave at least at the 1.618 extension at 22.135$, but also the 200% extension at 23.12$ can be reached easily. Often the fifth waves reach the 1 extension of the wave, which is approximately at 22.8$. So, an overshooting wave can be expected according to the current structure. Good for all who are invested in silver. The (iv) should bottom at the 0.382 retracement at $20.020 and then extend the last impulse wave before we correct again in the .
COMEX:SI1!Long
by DavidJankowski
Adani WilmarAdani Wilmar wave analysis: Adani wilmar is doing well in terms of waves. So far we have done wave 1, wave 2 also looks completed. Now we are in a non-convincing up move but it looks like adani wilmar is making space for upward move. Investor can invest on advice of their financial advisor. This chart is not a trading/investing advice. Please ask your experts for any such activity. Every level which has its importance is depicted on the chart, you may ask for any doubt thereon. Thank you Regards
NSE:AWLLong
by imkhushal
1