Wave A correction on Gold is completeGold finished it's supercycle wave 5 at 2790 and pulled back 23.6% of it's move completing a wave A of what probably will be a sharp ABC correction.
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
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The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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
Coforge is on track Coforge is on track. It’s entering wave 3 of Subway (3).
Target =10 k
Entry = current
Sl =5800
This study is only for educational purposes.
#CHFJPY elliot wave analysisAs can be seen, it looks like we are dealing with an ABC bullish corrective wave pattern, currently in wave 4 of wave C. There is a possibility of another short-term bullish move to complete wave C.
From there, we could look for selling opportunities in the direction of the higher timeframe trend.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
Dear Hun, SOLOng! Do u like Star Wars? I do
But I vote for Empire! :) Damn rebelz!
look what I found)
x37 to ATH from currnet price. I will buy some for SPOT on Bybit, will update it soon.
nice Ripple project, increazed volumez, pick up some, friendz.
AND REMEMBA! GREED IZ NOT A SIN :)
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.
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-$464 by the end of 2024.
Analyst’s Disclosure:
This article may not take into account all the risks and catalysts for the stocks described in it. Any part of this analytical article is provided for informational purposes only, does not constitute an individual investment recommendation, investment idea, advice, offer to buy or sell securities, or other financial instruments. The completeness and accuracy of the information in the analytical article are not guaranteed. If any fundamental criteria or events change in the future, I do not assume any obligation to update this article.
TRADE SETUP_LICHOUSINGFINI had posted a daily chart of LIC HSG yesterday showing how it should begin a wave 5 move towards 500 soon. Please refer to that chart to get a better understanding of this one.
This chart only shows the correction of wave i of 5 coming to an end.
A dip below 450 was strongly recovered intraday today.
the reversal price of 444 can be used as SL to make an entry .
CMP - 450
SL 444
Target 480
XAUUSD ShortHello Traders!
As you can see from the price action, XAUUSD is in sell mode as of now.
Currently we are in 5 wave impulse down with a target of 1971.
Banknify turn negative after breaching 41500As earlier we were assuming bank to be in 4th wave of correction it is invalidated on Friday trading session. The counts are changed now. The labelling has been done so as to understood by a layman. We have breached 38% level and have sustained below it which seems to be opening a risk towards 36500. Please read the chart carefully. Watch complete explanation on YouTube, will try to upload the video by Sunday or today.
This is for educational purpose only.
Do like/subscribe/comment and watch video on you tube.
Regards
APTAPT Techncial analysis basically on elliott waves Principles and Priceaction Strategy
APt can be grow to 40$
Wait and watch.
Its over for bulls here.Price action has confirmed the end of a corrective wave on audusd. Expect a low lower than 0.61772.
Btc/usdt short time fram hello every one i hope u all have a nice day
for BTC/USDT in 4H time frame
i see bullish head and shoulder and the target for it around 17710$/ 17522$
and i see also harmonic pattern (butterfly ) and the target for it around 18000$/ 18200$
and in Elliot wave we are in c wave we already hit the min target for c wave and the next target around 17710$/ 17522$
and u can what i believe the next move will happen in the chart
i hope its clear
best wishes
EURUSD H1Hi traders, EURUSD is setting up for a downside move the best entry level is will be from the top. Price can drop from the current area is will GOOD LUCK.
$XHB ~ Correction still in progress...Just as the real estate sector, expect homebuilders continue to correct the same. Nice pull back for a wave 2 will present a amazing opportunity as we move forward in the decade. Inventory is very low which is good since rates are moving higher.
Btc different view. ft Elliott waves Here's a possibility that could play out going down to 18k! NEED! to put in a higher high to reset and have a chance to the upside! if not another 10+% dump
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.
DogeCoin Elliott wave AnalysisA structure Completed
Wave 1 of Next Impulse Formed and Now in wave 2 Corrective wave
If wave C of 2 , 100% Retraced in time less than C
We in Wave 3
TP1 Marked in Chart
My take on BTCI think we will drop straight tu 39-38k, where there is a huge ton of support. Then we will go to the CC at about 44-45k to mark our wave 2 and then we will drop straight into the crypto abyss.
Haven't been too successful lately, let's see if we change it this time :)
Bitcoin has produced the first micro rally and hit resistanceBitcoin has approached the target for that first a-b-c move up of the early January low.
That Red Target box is drawn at confluence of:
- two Anchored Weighted Moving Averages
- downward sloped red trend line,
- 100%, and 138.2% ext of wave -a- up.
After completion of that rally we can see another pullback in wave -ii- down to re-test the breakout resistance level 42,800 from above
AUD/CHFLooks like we have completed the b wave and it's getting ready for the c wave , we can short the market here !
