Elliotwavecount
Ambuja Cement This stock has completed 4th wave on daily time frame, and now possibly we are in 5th wave, once resistance trendline is broken then it would be a good trigger point to go long, stock had reached that trendline and currently trying to break, once it's broken, then bulls can take charge, also trend indicators and wave counts are suggesting to go long.
Overall wave structure on daily time frame
Macd in daily positive crossover and Uptick and also above zero line
Macd in weekly positive crossover and Uptick and also above zero line
RSI trendline breakout on daily time frame, uptick and also above 60
Price pushing upper bollinger band to open more upside
RK's Mass psychological Cloud buy activated
Dmi adx also positive on daily time frame
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Bitcoin Bearish? WIPWork in progress...Just throwing this out there, based on current sentiment, also DXY seems to be taking a new run higher. Long term bullish, but for the medium term, I think we can go down. Playing around with Elliot Waves here for fun. Missed the greatest short entry last week north of 24K (technical reasons) Might look to short if we bounce a bit higher for a lower risk short. Also DCA'ing on the way down. I think we have a chance of "sweeping the lows" as they say, as the whales tend to run stops when given an "excuse."
USDJPY (intermediate wave 4)This is the
Intermediate wave 4 of wave 3 (particularly the C wave)
Intermediate wave 3 is also the extended Minor wave 5 ((all within extended wave intermediate 3)
Intermediate wave 3 is also the extended minute wave 5 (all within extended wave intermediate 3)
Expecting
target 1 131.9
target 2 127.5
Then continuing for intermediate 5
Note: All 12345ABC start with the Primary Cycle
Elliott Wave TD D-Wave Bearish Trend in EURUSDOANDA:EURUSD
Elliott Wave & TD D-Wave The perfect combination.
There was an Bull trend in wave C and a Bear trend in wave 3. as a result, wave 3 In a downtrend TDDWAVE, according to the counting order of "TDDWAVE", there can still be a downtrend as wave 3 normally moves like crazy, so it continues the downtrend. Expect it to go down to the level of 1 – 0.995 following the support tool.
ETHUSDWeekly Timeframe
This timeframe indicates a corrective pattern in the overall trend, Drilling down to the daily timeframe for end of trend confirmation in order to get in with the trend.
Daily Timeframe
From this timeframe a reverse symmetrical triangle is spotted and a sub wave for wave A of the corrective pattern, 3 WAVE B is also completed now a 5 WAVE down hourly is to be completed in order for a trend continuation to considered.
HOURLY TIMEFRAME
5 wave move down with a 3 wave internal structure.
Currently in a sub wave B of the final move down.
$PBR ~ Correction in progress...As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
$CEIX ~ Correction in progress...As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. When it comes to coal, china is building more and more plants to meet required energy. Recommend tracking this sector very closely for amazing opportunities.
$SBOW ~ Correction in progress...As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
$RIOT ~ Correction still in progress...As expected, the bitcoin miners are correcting along with bitcoin itself. Although we are getting close to the 61.8 for a normal wave 2, I would recommend being careful as crypto tends to correct a little deeper and should be no surprise to see the 78.6. Remain patient and it will pay off later down the road.
BTC - Fib rings still playing out. IM in +700% PROFIT**NEW CHART**
Every chart is traded on two axis. Price and Time. Most traders don't give any attention to the time axis. Here is a BTC 4hr chart I drew a week ago. See my previous post on the specific instructions how to draw these. This is a 535 Zig-zag that I pulled fib rings from. This is an incredibly visual way to trade and its easy to follow if you don't have hours per day to watch charts. I recommend using it in tandem with your normal trading style for better accuracy.
James
LUNCBUSD1-2 formation from low at 0.00005 which is holding up nicely
Ideal entry would be price above wave B with stops below wave c
Trend confirmation for wave 3 would be price moving pass high of wave 1 and a break above the declining channel line about 0.00008.
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