Neowaveforecast
NIFTY to shed 3000 pointsAs per neowave analysis wave D is to unfold its mega wave ''C''
wave A and B are Flat to reach the 1.618 of previous wave
today this will happen ,from next week onwards you can see the ABYSS
All important levels are given in the chart, trade accordingly.
This is as per wave theory, real time application into trade is on your risk
BTCUSD NEoWave AnalysisIn terms of wave counting by the NEoWave method, Bitcoin is in the position of wave (d) of a neutral triangle pattern, and currently a correction is taking place within this wave. With the completion of this correction, it is likely that the price will move towards the target of $6000-66000.
ETH Neowave - Elliott Wave Theory Analysis (Weekly - Long Term)In ETH, the Macro structure (if you can look at the chart more remotely) shows the most potential time limit as 113-117 weeks. At the same time, in the microstructure (close perspective), the same duration of waves A and C (since wave B is temporally much longer than A) would correspond to 113-117 weeks in the macrostructure.
(These time relationships are measured for the most common cases - it should not be expected to happen at that exact moment at that exact minute. It is only an estimate of the time horizon).
As a result, I expect it to follow the Yellow or Red path at this point.
The Yellow possibility is more likely to be justified by news such as ETH ETF approval, which may come in a fundamental sense. For this reason, this news should be followed up to date. Otherwise, the red possibility has priority.
I take a 1% risk on the trades. Since the formula of the line chart is different, I am thinking of using a manual stop. Options trading will be more suitable for this transaction.
I will share updates here.
Thank you for your support.