Pidilite - Bearish WolfewavePidilite has wolfe wave bearish but getting support of rsi , if support broken 1443 would be target and if resistance broken then 1523 will be upward target. Most probably will hit 1443 as it formed wolfe wave and very few times it miss its Estimated Price at Arrival (EPA).
Wolfe Wave
Nifty - Wolfe WaveNifty has bearish wolfewave on 2 and 4 hr TF with RSI Trendline resistance. 11300 and 11200 is minimum target for nifty. As its formed on higher timeframe so it might take 2-3 days to perform but as per my analysis wolfe wave never miss the target, Most reliable pattern i have seen in my trading career.stop loss would be high of yesterday. If yesterday high broken then it might test 11603 and 11650.
XAU/USD AUG.20.2020Based on waves analysis, we are expecting a sell set up, after the formation of the fifth wave of a Wolfe Wave pattern. the pattern will be confirmed by the breakout of the descending trend line then, it must come back and close within the triangle, at this moment a short position should be a good trade.
Entry : 1970
SL : 2015
TP : 1865