Waves
Bitcoin +5% profit from our analysisHello traders
Bitcoin buy trade makes 5% profit
We shared our expectations about Bitcoin that there is a possibility of its rise near the level of 19 thousand, and accordingly we bought Bitcoin from the order block responsible for making a change in the structure and we shared an update by placing a stop loss at the entry point when it reached the supply area, and here Bitcoin makes profits for us
Congratulations to us and to all the beneficiaries of our analysis
previous posts:
XAUUSD +30R Huge profit our analyticsHello traders
Today we reaped a huge profit as I mentioned in the analysis of gold. We are waiting for the opportunity to buy from the order area if we get confirmation. In fact, we got a strong confirmation on the 5-minute time frame, and the trade is making +30 R
Congratulations to us and everyone who benefited from our analysis
previous analysis:
BITCOIN ELLIOT BLUEPRINTImpulse wave which contains five waves (12345) which is seen the analysis above as the monthly wave analysis. Currently, price is on the point to attin wave 5 after the completion of wave 4 which is a correction (ABC) and is comfirmed by the break of the red trendline. At this point, however, to attain wave 5, wave should be considered to be the same impulse movemnet with wave 5 (wave 1 = wave 5)
BTC UPDATE Hello traders
As we mentioned in the previous analysis, there is a possibility for the continuation of the rise of Bitcoin near the levels of 19 thousand. Based on that, we bought Bitcoin from the block of orders responsible for causing the change in structure, but now the stop loss must be placed at the entry point because we have a strong supply area formed, from which the price may fall to the demand area Before the ascent, if the bitcoin can overcome it, the ascent may continue for the target
previous analysis:
Waves. Unhealthy. Wild price fluctuations for 10 months speak of the extreme degree of unhealthy for this token. If public pressure continues, we will see lower prices. But RSI is talking about oversold. Market sentiment is conflicting. Also, remember, Waves algorithmic stablecoin is in trouble.
HDFC BANK, GREAT FLAG PATTERN!!a great formation has been formed by hdfc stocks.
its a great bullish pattern, and as i have mentioned the waves, and the trend of waves, a long back in one of my idea(linked it below), the stock is following in the same way. it yet needs to go up by 10%, there is 3rd wave pending, and stock will go up soon.
but the risk part is that bank nifty, has been very overbought position, and it yet needs to be falled about 7%, i will bring a detailed analysis, in further coming ideas. but yet, this risked, is hedged, by the fall of SBI & ICICI banking stocks. this 2 very stocks had kept bank nifty at its ATH.
bank nifty will trade between the range of 43000-40000. its just that it needs to come to its major trend, since now it is in an overbought position.
yet this range will be maintained by great weighted bank nifty stocks, like hdfc bank, icici, kotak and sbi.
LAST POINT: have a look a volume bars too, for month, week and day time frames.
so i am bullish on hdfc bank as of now for this month.
(below i have just dropped some idea links related to banking sector for your own analysis).
WAVESUSDWAVESUSD
The price goes into long-term accumulation until it is worth buying, if you buy then from the lower border of the channel
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THE BLUEPRIINT OF THE DOLLA (DXY) Wave 1 is equal to wave 5. It signifies that the high distance of wave 1 is the same high distance with wave 5. The question is what will be the DTD of US dollar next year?. As from the above analysis, I expect a crash in the dollar as of next year. I guess non of us will see it coming.
USD/CAD short term correctionUSD/CAD - EW Analysis - on a short term perspective, price is correcting. It is now forming a smaller Wave C on the downside from a bigger Wave X (on a bigger timeframe) on the upside. We should see a long term uptrend on USD/CAD, but for now the price will correct on the downside.
Disclaimer: This is not a financial/investment advice. The information here is just a view and a technical analysis with informational purpose only. You take responsibility for your own actions. Have a nice day.
CHECK WAVES OF WAVESBefore anything else, I would like to announce that the data in this chart is incomplete and I received the original data from another source and counted the waves and transferred the same wave count to the trading view, so you know why I took the first falling wave as C And I didn't get an A
I think we are inside the large log E and the structure of the log E is diametric. I think I am in wave E of E.
The larger structure of which the larger log E is a subset is also a diametric.
Fluctuations in the daily time frame are expected from views like this. This is the structure for trading, you must check the behavior of the price
Waves can see a rebound from support Waves has been heavily dumped, it has a support locally and can rebound, IF BTC continues to dip then we expect a break in the support and lower lows, but for now expecting a rebound