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WAVE-B

ADANI PORTS -My 1st on WOLFE WAVE - 1HrExperts on the WOLFE WAVE can please correct me if I'm wrong. Targets shall be booked whenever the Target Line is kissed. Learning Never Ends. ***** Help Me to Help Us. Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy interpretation. So kindly express any disagreement & improvements so that we learn & earn together. Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
NSE:ADANIPORTSLong
by CannySunny
📚 Understanding Price Action - Impulsive & Corrective Moves 📚For every currency pair, all the price action can be broken down into 2 different waves. Impulse waves and corrective waves. Both of these waves have the same patterns within them such as flags, ascending/descending corrections, channels etc. The tip to finding out what phase we're in is to zoom out to a bigger timeframe and look at price action as a whole and ask yourself "is this impulsive or is this corrective". Once you understand that, you can more often than not understand where price will be going next. For CADJPY, we are in a flat ABC triangle and we are approaching the upper limits of the triangle. We also are in an ABC correction. On the smaller timeframe, if things line up, we can get in at the very top of the impulse and ride this back down! Try spotting corrections and impulses and watch how your chart game levels up!
Education
by WicktatorFX
7
Silver Big Move AheadSimilar to my latest Gold Chart, I believe that the final impulse (sub) wave of the first leg up will lead us into a correction before or just after breaching 28.5. This will be underway with a breach of 26.3 (confirmation) and then 27 (participation). Correction at the top will be deep (~25.8), as it will be part of wave two. The first (non-believer) selloff in the first of three major moves higher from the bottom on March 31st. I think a healthy correction will bring us back as far as this 25.8 before true liftoff ~ in June? ~ The Gold chart is appearing to me very similar in structure. Outperforming US equities dramatically for the rest of 2021, with the first show of strength beginning now.
TVC:SILVERLong
by ptero1492