Voltas something bad may is seen in the chart Voltas something bad may is seen in the chart.
As per the Kennedy Channeling Technique the Support is coming at 521.
As per Elliott Wave, Fibonacci retracement for wave 2 is expected to come around 521.
There might be some unexpected news that may impact the price pattern of Voltas Ltd.
Regards
Pending
DOGEUSDT ready for a breakoutHello Traders!
DOGE Coin is moving perfectly as expected.
Now it is forming a triangle pattern at the support a breakout will push it upside and it will break the previous Higher High(HH) and after that Doge will form a Flag pattern or we can also see a diamond shape pattern.
First wait for a breakout. If it breaks to the upside then go for Buy but if it breaks downside then wait for a correct time to buy.
Check out my last analysis Where I already told these patterns. These are the expected pattern that forms after Forming J pattern.
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EURUSD: Wait => React & make BIGHello Traders!
I hope you are doing great. Here are the key levels to look for the EURUSD. These key levels are derived from my Formula and these are the only key levels if you looking for long term trade.
Currently EURUSD is standing at the key level which is 1.1800 and above we can see there is resistance at 1.1970 and below there is a support at 1.1700. We will wait and react The Breakout. Currently its waiting for something big to get pushed or pulled.
The trade that i traded in july that i hold for a month was taken from one of my key level which was 1.1200 and that trade was a successful trade and ended with 800 pips(combine trades) you can see the chart below. My original Target for that trade was 1.1800.
We will wait and react to the trade and we will aim bigger this time than last one. Breaking above resistance Will take it to 1.2500 and breaking below the support will take it to 1.1200. Like my previous analysis we will not just only wait and watch we will add more trades on correct time.
This will be another Huge pips trade and we are ready to make money from it.
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Good luck!
My Trade from 1.1200 level. I also added more buy in that trade at correct time.
XAUUSD Trade SafelyHello Traders! I have mentioned key levels that we will look forward to Buy or sell. I will also mention new key levels when it will move to new range.
In my previous analysis of Gold we made some pips and i told in comment if it fail to break 1920 we will see 1945 and it happened. Currently Gold has broken its range so i am posting this chart so that you will already be ready to kill the market.
I will advise you to wait for confirmation of breakout or indicator before entering the trade and these two are the only key levels for now.
We are ready to play with Gold now.
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Previous analysis
AUS200 Accumulation At Key levelHello Trader! AUS200 index is in accumulation at 0.618% Fibonacci Level which is a Key level in Fibonacci retracement. If it breaks this pattern upside it will hit 0.786% Fibonacci Level and if it break it downside it will hit the next support area.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
EURCAD - Clean chart with more than 5x profit potential!We should be in a ABC correction, currently in last moments of wave (c) of higher degree wave ((b)).
I expect one more push lower to the 78.6% retracement level which should act as support.
If price goes below wave ((a)) low, the count gets negated and most probably the ABC correction ended at 1.5230 with a very small wave C.
Setup :
Pending long @ 1.4950x -
Stop 1.48750.
Target 1: 1.53150.
Target 2: 1.55100.
Start with a small lot size at first then scale in when price goes our way.
AUDNZD - Possible Short opportunity with good R/RWe are in a corrective move in this pair and currently in wave (b), playing out as a Flat, meaning wave b goes below wave a start.
Now we are making a 5waves move up for wave c of (b)
Price should find resistance around 1.054x.
And if we can count 5 waves in, then we have a good chance to see price reverse lower towards 1.0350.
AUDUSD - Looking at bullish side - Awesome Risk/Reward !We are in a higher degree wave 2 correction composed of an ABC correction.
Wave A was successfully traded to the upside and we remained on the bench for wave B down.
Wave B got a bit compilcated as it is an Expanded Flat correction (that's why it's not a good idea to trade against the trend).
We are now in the last moments of a 5 waves move down for wave ((c)) of B.
Therefore, think about closing your short positions if you have any as price should find resistance in the yellow box area (.711 - .716)
Look for bullish divergence to anticipate the end of wave (v).
*** Trade Setup ***
* Entry : Pending @ 0.711 - 0.716
* Target : 0.7475
* Stop : last low
EURAUD - Correction higher before resuming downside move We finished a 3 waves correction at 1.6357 before seeing price come down hard & fast in a impulsive manner to 1.5360.
We can count those 5 waves down, meaning we are now in a correction higher before resuming this downside move.
(See daily chart)
USDCAD - Wait for pullback before buying !We have a completed leading diagonal in higher degree wave (1) after wich price fell in a complex WXY correction down to 1.278.
The fast move following this wave (2) and break of upper channel confirms the bottom is in place.
This might be a wave 1 of smaller degree and we are currently in wave 2 wich should find support near 1.291 to 1.300.
You can short this move down but I don't recommend it as corrections are really frustrating.
The profit potential is (if 61.8% retracement is reached) around 200pips.
Where as the profit potential of an upside move are more than 500pips and those moves are way faster and cleaner than corrections!
Pending Buy order on EURNZDUpdate from previous post. I’m euro 0.09%bullish mostly because it has been one of the top-performing currencies in the past weeks, likely drawing most of the safe-haven gains away from the shaky dollar. To top it off, anticipation for an ECB hike continues to keep the shared currency supported.
On the flip side, the Kiwi is on weak footing owing to the RBNZ’s more downbeat stance shared in their latest statement. Trade jitters are making things worse, along with bouts of risk aversion stemming from emerging market troubles.
I am looking for opportunities to go long, there is a chance that price may break down to the closest phycological level at 1.76 and as long as this holds we can look for entering longs, if this fails to act as support we can see price break lower to the 1.75/1.74 regions and testing the channel support, the only problem is that price is barely showing any signs of retracing for now, but I shall stay patient.