Get started

Ellliottwave

Bitcoin - Time to buy again!As I mentioned last year, Bitcoin could return to its peak, and it has. Now, as you can see, Bitcoin is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, Bitcoin's price could reach $125,000 in the new year, which is not far-fetched, just like the AB=CD pattern. previous Analysis ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
DXY doing Cycle Wave 2, now inside the Wave C about to break SupHello everyone, In this scenario the DXY has finished the Wave Cycle Wave 1, with 5 Waves (Ending in September 2022), and now it is doing the Wave 2. Inside the Wave 2, we encounter ourselves inside the Wave C already. The Wave C is about to break the 100 support area, and targeting at least 92 target. The 92 target is the minimum move that it needs to perform, since it will be the same lenght as the Wave A. Knowing this, we expect to see other Assets rise as the Dólar falls in the upcoming months
TVC:DXYShort
by xReve
KALPA-TARU can give 25% returns in short term!!The stock is currently in wave iii of III which is projected moving towards INR 895-910 zone. 'Wave I' unfolded in the stock from June-Oct 2023 and then the price witnessed a 50% retracement of the wave I in 'wave II' through the months of OCT-NOV. The stock is now going for the completion of the 'Wave III' target of INR 895 but the 'Wave III' is sub-diving into minor waves. We could see a 'wave i' of Wave III in late Nov and a subsequent 70% retracement of the same through Dec. Leaving aside the Elliot-wave counts and structure, the stock is also now attempting to go past a very strong supply/resistance zone of 695-710. The stock has made 3 attempts to clear above the zone in the past but not managed to do so but this time around the extra-ordinarily high volume could help. KPIL closed with a massive +7.85% gain along with nearly 30 fold increase in average daily volume.
NSE:KPILLong
by neeraj_2_sharma
Buy This Bargain Before It's GoneIn early October 2023, we updated our previous forecast for the SPDR S&P 500 ETF Trust for the current year. Its price, after a short-term breakthrough of the triangle pattern (marked as (A)-(B)-(C)-(D)-(E)), returned above its lower border, and a new upward trend began despite the intensification of geopolitical tensions in the world, mainly due to the Hamas war against Israel. On the other hand, in mid-November, US inflation data was released, which demonstrated the effectiveness of the Fed's policy. So, the consumer price index (CPI) rose by 3.2% for the 12 months ending in October, one of the lowest values in recent years. The sharp decline in this indicator was primarily due to a significant decrease in prices for both energy and used cars and trucks. Ultimately, these data triggered a short squeeze on government bonds, which had a positive impact on the stock market. Currently, on the daily timeframe (1D) of the SPDR S&P 500 ETF Trust, a gap has formed in the price range from $441 to $446, which, according to our estimates, will be closed in the next 1-2 weeks. On a more global scale Thanks to positive macroeconomic data released by government agencies in the US and European Union and lower oil prices in recent weeks, the likelihood of the Fed cutting interest rates in early 2024 has increased sharply. We believe that the decline in 2-year Treasury yield will continue in the near future, which will also support the continued momentum of the SPDR S&P 500 ETF Trust. Moreover, financial market participants should pay closer attention to changes in the yield curve, which is becoming increasingly important and one of the most accurate fundamental tools for predicting changes in sentiment on Wall Street. As soon as the 2-year Treasury rate approaches the 10-year Treasury rate, this will provoke investors and traders to exit long positions in bonds and more aggressively buy ETFs, shares of technology and pharmaceutical companies. Conclusion We believe the pace of the US economic recovery will continue to accelerate and expect the SPDR S&P 500 ETF Trust to reach $463-$464 by the end of 2024. Analyst’s Disclosure: This article may not take into account all the risks and catalysts for the stocks described in it. Any part of this analytical article is provided for informational purposes only, does not constitute an individual investment recommendation, investment idea, advice, offer to buy or sell securities, or other financial instruments. The completeness and accuracy of the information in the analytical article are not guaranteed. If any fundamental criteria or events change in the future, I do not assume any obligation to update this article.
AMEX:SPYLong
by AisenQuantum
1
Banknify turn negative after breaching 41500As earlier we were assuming bank to be in 4th wave of correction it is invalidated on Friday trading session. The counts are changed now. The labelling has been done so as to understood by a layman. We have breached 38% level and have sustained below it which seems to be opening a risk towards 36500. Please read the chart carefully. Watch complete explanation on YouTube, will try to upload the video by Sunday or today. This is for educational purpose only. Do like/subscribe/comment and watch video on you tube. Regards
NSE:BANKNIFTY
by imkhushal
5
Elliott Wave Analysis: EUR/USD In Fifth WaveEUR/USD currency pair saw some recovery two weeks back after FOMC meeting when Powell was not as hawkish as many expected. But pair, however, came down anyhow after US Core CPI* figures came out last week above the expectations; 6.2% vs 6.0% so there is speculation for a potential 75bp hike. From an Elliott wave perspective pair came down into the fifth wave of an Elliott wave pattern, but the price is already at some support here, ideally in the final stages of a bearish Elliott wave impulse. We think that pair can stabilize in near future, but we will need a hawkish ECB policy decision for that to happen; plus higher stocks.
by ew-forecast
1