


NeeravYadav
PremiumCount in alignment with Nasdaq, either W.b/x is complete or still continuing with one up leg remaining, in either case it seems we have one down leg remaining in this market for W.iv Cir. completion.
It looks like the corrective move is still continuing as a Triple Zig Zag corrective structure to the upside with the current Price Action in the second W.x which is either still continuing as a Triangle or already complete.Strategy : In either case (Continuation or already complete W.x) we look to initiate longs with SL below W.x low and targets above 1243.
Euro : 4H : Looks to be moving in a Triangle formation for W.x . We wait for the completion of the pattern to initiate shorts. If we see a straight out move to the upside above the current W.C Cir. level then that would mean that the Triangle pattern has been Invalidated and a review would be required.
The short setup suggested in the last post failed. The market moved straight up for what looks to be W.C of the suggested Triangle pattern . As of now it looks like we are in corrective W.4 of W.(C) of this pattern. Strategy : We wait for the completion of W.(C) to the upside in the white resistance zone . Once the same is complete we will look for reversal...
SPX : Flat correction for W.B Cir. looks about complete, we are looking for one leg down as an Impulse for W.C Cir. Strategy : A break below ST line which is also the high of W.1 of last Impulse can be taken as a sell trigger, with SL above swing high. 1H : 15 min. :
Crude : 1H : Updated : Looks like more downside is remaining in this market. From a short term perspective either Wave 3 is complete or still continuing. If still continuing then we should see more down move from here as an Ending Diagonal. If Wave 3 is already complete then we expect sort of Flat formation for Wave 4 as represented by the Red arrows.Strategy :...
Euro : 30 min. : Either progressing as a w-x-y to the downside or a nested i-ii-i-ii progression, in either case sideways to bearish movement is expected, however a proper short entry in the form of pullbacks is still awaited.
4H : Wave 4 is either complete or is still continuing as an Expanded Flat. Strategy : In either case from short term perspective we should be to looking for longs. Buying near the low of previous Wave 4 with SL a little below Wave .i/.a high would be ideal if the market permits the same.
SPX : Daily : Updated Count : W.(iv) continuation as a Flat or Triangle is playing out. Moving down most likely as the Impulsive W.c of Flat W.(iv), meaning we have more downside remaining here.
Hypo 1(Yellow) : If this market goes above 2942 then that would mean that W.v of W.iii) is continuing as an Ending Diagonal. Hypo 2 (Cyan) : On the other hand if we see a break below the Cyan channel straight from here then that would mean that we are in a W.iv) Flat type of correction.In case of H1, we will look for the Ending Diagonal to complete and then go...
Euro moved down in an Impulse as posted in the last article and now seems to be reversing exactly from the marked support zone. Hourly : Looks like Wave .c is complete and we are moving up for Wave iii/c. Stop Loss below 1.14642 (Swing Low)
USD/JPY : 4H : Looks like W.b/ii has completed with a retracement shorter then usual, as such the case of W.b/ii continuing as an Expanded Flat looks weak but can not be relegated until we see a close above the 114.511 level. The priority count, that is W .iii going up as an Impulse seems to be playing out and suggests more upside from here on. However a...
Looks like Euro has completed a Complex Wave .b of Wave ii/b and should see a down move from the current level which should be sharp and can take Euro to the white support zone. If this analysis does not play out then the SL or Invalidation Level is very small, above 1.18043, making this a very low risk and high reward scenario.
As such there are many possibilities, but considering the minimum downside expectation that is count suggesting we are in W.C) down, means that we should see atleast two more legs down which can take Nifty near the white support zone or atleast the upper boundary of the same which is near 10640. Other bearish counts suggest 9960 or lower levels but still require...
Bitcoin : Expecting a minimum down move till 6482-6266 (White support region) zone as a Triangle continuation. In case this is Wave .C/.3 down (which is currently not clear) then we can see straight fall till 5000 and lower levels.
So far SPX has moved up in accordance with the last video update. From this 4 hour chart it seems that the Impulsive move that started near 2689 is about complete, a break below the W.4 low marked level at 2892 will act as confirmation or sell trigger level from where we can see downside till the Target level of 2828, if selling continues then further downside...
EUR/USD it looks like a corrective decline for Wave ii/b should soon follow which should be confirmed at the break of the red channel to the downside. However it needs to be noted that this will only be a corrective move down and hence should be followed by a new Impulse to the upside which should take Euro above Wave i/a high. More precise levels will become...
Euro looks to be moving in a complex Wave 4 correction, W-X-Y , with the current progression in last stages of Wave X.