Hello and welcome to this analysis on Mphasis. In the daily time frame its been in a sideways trend now for quite some time forming an Ichimoku P Wave. We can see each swing zone has a 3 leg structure testing the 2 trendlines. Currently it appears to be ending the 1st leg of the the last wave down (likely), a small bounce back from the current level and then the...
The price is testing the monthly resistance, a key level at 25$ the price got rejections in the past after a triple bottom on the 19.5$. The price got a rejection exactly on the 26$ where the market has a 4h resistance and dynamic daily resistance. On 4h Timeframe the price is trying to create a new higher high. How to approach? We are waiting for the breakout...
On going 'C' wave correction (5wave down) is yet to finish with one more leg down(E). The progress of 'E' wave will end on 26th April(61.8%of A+B) at 15750 IF the odds or more this wave has the potential to bring NIFTY to 12800 (161.8%of A+B) LOGIC: the possibility of extended 'E' wave is inevitable since 'C' wave is NOT extended
MKR looking to have finished a 4th wave correction in the form of an ABCDE triangle. confirmation upon breaking upwards out of the triangle. invalidation if we break below swing low
TLM Can be go to 0.42 until above 0.24 Target 0.42
According to my wave count, we are in Elliott 3 small and 5 big wave, according to #xrp fundamental news, it is possible, enjoy
Hello and a warm welcome to this analysis Triangles are a prominent feature in wave 4 (Elliott Wave Theory). Price remains within a narrow range with lower volume for a very long stretched time as the preceeding Wave 3 has had a tremendous run resulting in cooling down in trend for sometime. In this weekly time frame a triangle in wave 4 is coming to an end. Post...
I have see this idea from now ICP create elliott Wave So can be go to 88$ Stop =51$
I think we have a short break of up to 48,000 and then the uptrend again...
From 46300 until 44000 can be created wave E Elliott Triangle wave and Then can be up to 49200
Triangle 📐 abcd and 💦 we anticipate a drop from this family pair
After a long 5 wave downward movement which ended on 29 October 2020, Aurora fought itself back with an ABC upward correction on 30 November, it followed an ascending pennant with approx. 15 USD wärend during a 5 wave upward movement its goal had. Wave 5 ended on 11 February 2021 and it followed a renewed 5 wave downward movement to 17 May 2021. This was...
GOLD's running symmetrical triangle in weekly timeframe. Price could go downward to 1750-1751 Let's wait to see a confirmation to buy GOLD (XAUUSD) Hope you all are enjoying Ideas and analysis. Keep in touch we will update further soon. Don't forget leave a comment to discuss more and tell us your thought!
I don't normally like to trade on such narrow timeframes, but I happened to notice this beautiful Elliott triangle wave forming on $TSLA's 15 minute chart. I have previously posted my macro long thesis with a target around 1200 EOY and this recent breakout, plus the bull flag on the week lends me to believe that we are about to receive the leg up $TSLA's been...
Looks like ETH want's to test $2,750-$2,800 IMO and from the look of the stoch RSI that could be strong resistance.
XRPUSDT is trying to have a breakout from a descending triangle. The price is between weekly structures. IF the price will have a breakout from the resistance and retest it as new support, we can add to our watchlist and wait for apply our rules, otherwise, if the price will lose the weekly support, we can look for a short position ––––– Follow the Shrimp 🦐 Keep...
BELUSDT is testing the weekly resistance inside a triangle. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...