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Waves

Short AMBUJA CEMENT with 1:17 RRAmbuja cement is going to fall near about 17% and the stop loss is near to 1% only. Best time to get the maximum reward. These types of moves generally come to notice with the ELLIOTT WAVE THEORY, as in this case: Ambuja cement from its high made wave A sharp and wave B triangle. Wave C is about to come, and if we see wave C near about equal to wave A, the reward is maximum. Also, wave 5 is extended towards a time high and should be retracted. Half of wave 5 is already retraced and half is left which should be retraced by wave C. The stop loss is 524 and the target is 426. Happy trading, guys.
NSE:AMBUJACEMShort
by tradersmantra
[10/26] Beast Trading _ Today's Bitcoin Analysis Beast Trading _ Today's Bitcoin Analysis At 22:30 yesterday, Nasdaq showed a strong rise just before the opening, and Ethereum and Bitcoin also rose Ethereum, in particular, rose very strongly, leading Bitcoin. It's accompanied by transaction volume, and Bitcoin has formed a 20.4k high, and it's moving up and down the current section From 18.2k digits, the length of A (18.2k to 19.9k) and C (18.6k to 20.4k) are equal in a 1:1 ratio. (meaning the increase is the same) Usually, in ABC waves, a falling wave starts after being hit by a resistance in a 1:1 position. Therefore, if the trading volume of the decline is quite close here and falls without exceeding the 20.4k high, it will be advantageous for the time being. If the C wave appears as an impulse wave rather than abc, it seems that it will be possible to increase one more wave after convergence in the current section. (Renew 20.4k high.) It's still moving near the high point, so it's an ambiguous situation, but you can predict the next movement by looking at the movement from this high point. We will continue to brief you in real time in the Kakao Talk room, so let's watch the movement and respond! Responding to this position is important.
by BeastTrading_Sehyun
1
GBPUSD bullish scenario (just an idea)One can count 5 waves in the ascending triangle which shows that we should be breaking out to the top of the ascending triangle. (Breakout to the other side, than the 5th wave has closed). We have already broken out of the triangle and are testing another resistance line at 1.1478 right now. If we can clearly get over that resistance the triangle breakout is probably not a fake out and we can aim for the height of the triangle entry. Still there is another resistance at 1.2285 that we have tested in the past.
Long
by Yannick_Viewer
2
[10/25] Beast Trading _ Today's Bitcoin Analysis Beast Trading _ Today's Bitcoin Analysis Last night, a drop occurred and left the rising parallel channel, which is currently located at the bottom of the channel without being raised up. The most likely view at this point is the convergence view. The transaction volume conditions (the transaction volume must gradually decrease within convergence) are also met, and the internal sofa movement seems to fall neatly to abc except for a wave among convergence abcde. If convergence is correct, it is expected that the D-c drop will occur in the current section, where D-b has hit a 0.5 return of D-a, and if it goes to the bottom line of convergence, D-a and D-c will fall neatly at a 1:1 ratio. The bottom line of convergence is likely to be about 18.9k, and the long profit and loss ratio looks quite good. It would be good to set the break to 18.8k, which is judged to have broken the bottom line of convergence. *The blue scenario in yesterday's analysis has not yet been scrapped, so you can just go up from where you are. Therefore, it is not recommended for those who do not have a short position to force themselves to catch up.
Long
by BeastTrading_Sehyun
6
Bitcoin hanging onto Lower Warning Line of Key Pitchfork!!Since the low of $18125 price action has remained quite corrective and consolidative and has adhered strongly to this pivotal Schiff Pitchfork; using the genesis of wave W, the end of wave W and the end of Wave X as the 3 pivots. Price has constantly adhered to the Schiff Pitchfork and price is holding onto the lower warning line, having tested the lower warning line many times without any strong indication of buying strength with a likely breakout to the downside to occur. This comes in line with previous Macro Elliot Wave analysis accounting for a move building to the downside, where impulsive subwave strucutres are evident of a possible larger Macro 5th wave to the downside from a 5 wave move down from the ATH at ~$68000. A break of the lower warning line as well as key support strucutures at current levels is likely to trigger a sharp impulsive sell off; with preliminary targets of $16200, $14800, $13500 and $10800 as some key levels of support for an ultimate completion of 5 waves from ATH. Additionally, MACD is beginning to converge bearishly with a bearish cross likely showing downside momentum could be imminent. If you would like to check out previous analysis on BTC, it can be found linked below. Like for more ideas and Advanced Elliot Wave application and have a good day!
Short
by NICKVASS10
1