GOLD is going to 14xx - 15xxwave ii unfold as double combination will gonna end soon or was ended
don't miss wave iii up
Wavecount
Reliance Wave Analysis 03 AUG 2016Reliance on the way from 2008 to till date fell in to the TRIANGLE pattern. Pattern maturity date very close to broke the pattern either side. But as per my wave count reliance going to trigger next bear rally on INDIAN MARKET.
November - 2016 play an major role on reliance.
Elliott Wave Count for Brazil's IBOVO IBOV parece estar no final de uma onda C Menor, dentro de uma (4) Intermediária, que faz parte de uma onda (I) Primária.
O início da onda (5) está iminente e deve levar o IBOV até 55K. A partir dalí, devemos ficar atentos ao final da onda (5) e (I).
Essa contagem leva em consideração o humor social bastante negativo que dominou a percepção de investidores e não-investidores sobre o Brasil, especialmente no segundo semestre de 2015.
O Fundo de Janeiro de 2016 seria então o final de uma correção(baixista) de uma onda de grau Cíclico(altista). Esta correção teve seu início em Abril/2008!
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Brazilian Stock Index IBOV looks as though it is at the end of a Minor C Wave, which is part of an Intermediary (4)th wave inside a Primary Wave (I).
The start of Wave (5) is imminent and should carry the IBOV back to 55k. From then, we should look out for the completion of Waves (5) and (I).
This count takes into account the negative mood that took over investors and non-investors perception on Brazil alike, specially in the last semester of 2015.
The January 2016 Bottom would then be the end of a (bearish)correction of a long (bullish)Cyclic degree wave. This correction started back in April 2008!
EURUSD is forming a triangleI think we are in a triangle of wave 4 of (C)
In triangle, i think EURUSD has remain one wave up (wave e)
Depend on you guys to wait for sell when wave e finish or trading buy in wave e. TP 1.14 - 1.15
Cheers.
GS.. one more advanceAccording to Elliott wave count, GS is about to advance one last time as wave V to complete the correction wave. As option trader I think there is opportunity to buy some calls when price close above trendline, and SL is near the latest valley. Target is 168$. Good luck. Remember, this is short term position and the target could be reached in few days or hours.
BHEL - WAVE 3 IN PROGRESS (BUY)It continuing its Wave 3 and now looks much positive and bullish after new breakout from 146 levels. I believe it may touch 160-163 levels in Aug series.
Wave 5 !!! Could that be so easy ??? USDJPY has formed a nice and clean channel and now waiting for wave 5, but lets hold until downtrend starts.
EURAUD nearly complete double combinationlooking for the buying zone in the pic above.
this set up will invalid if price fall below the low of wave c in triangle
APPL it's time for wave Bafter completed 5 waves down unfolded as leading wedge. AAPL is now on the wave B.
TP around retracement 50 or 61.8%
EURUSD wait for the last wave upEURUSD will correct as a flat pattern
wait for one more wave up, then we will sell
NZDUSD WXY double-three completed, 3rd wave in progress?Elliott wave WXY Double three combination seems to be completed with a ZigZag and a running flat. So is the 3rd wave in progress? Read the Elliott wave principle for more information about the WXY double three correction.
very likely so. But awaiting a corrective 2nd or 4th wave in a lwer degree is a good idea. The direction is clear in terms of Elliott wave analysis. Trade you own strategy to enter the trend. Do not jump into moving candles.
AUDNZD is now in the buying zoneAfter completed 5 waves down in April 2015, AUDNZD is now in the wave B (maybe finished) of correction A B C.
This zone is opportunity to buy for trading wave C TP. around 1.16xxx.
Good luck.
"Gold" is runing into the endI think we are in the C wave and unfold as ending diagonal pattern (ending wedge).
The end is coming and will not end well.
EURO zone will be torn apart ?From this scenario I think EURUSD will gonna drop below 1.0000 target around 0.82xxx.
Why ?
From my view, EURO zone is collapsing cause by Brexit and will send EURUSD to the hug of big bear.
Will GOLD drop below 1000 ?I don't think gold is in a bullish impulse wave.
I think gold is developing wave X and will see wave Y soon.
This trading plan is a opportunity to short Gold TP. below 1000 stop loss above 1380.
AUDUSD primed for a decline out of flat correctionThe Aussie pair has been moving in a flat correction the last few days. I will be keeping a close eye on this pair into next week with the expectation of a minor degree 3 wave rally back into resistance at the 0.75000 handle.
Companies set for a bumpy ride?? FTSE Flat CorrectionBritain has voted today to exit the european union. What will this mean for the top 100 companies? Looking at the larger context on monthly timeframe of FTSE, I can see a corrective elliott wave pattern known as a flat. If this count is indeed correct, an impulsive decline is on the cards in the coming years
What do you think?
Nifty 50 Wave Analysis Update 24 JUN 2016Market CRASH CRASH CRASH but Elliotticians thinks another good prediction. Wave principle proves and always wins.
As i mention last post there possibility NIFTY fall to 8035 level and in comment update there is possibility 7965 level.
Next week we can expect further downside upto 7860 level. Still upside targets are intact 8445 and 8666. This time i ll give possible reversal dates also.
