Sangam-Agarwal

Sangam-Agarwal

Support 1848 and channel lines are at the same place. Before bearish trend this level is necessary to be broken

Sangam-Agarwal

bitcoin is trading inside a giant yellow parallel channel with a minor green channel. Both the parallel channel are converging near 2017 high. Price is rising high without correction. it can take u turn from here and retrace back to 38% retracement which is at a horizontal support level

Sangam-Agarwal Updated 

gold is trading inside parallel channel . There is another yellow channel inside white channel. buy at the lower trend line of channel or on the breakout of upper trend line.

Sangam-Agarwal Updated 

Elliott wave trader buy at the low of wave 1 and 3 while exit at 5th wave buying at the low of 1st wave or 2nd corrective wave give you numbers for both sl and tp. since 3rd wave always move beyond the high of 1st wave and longest among 1,3 and 5, catching 3rd wave alone gives you enough profit. if you buy at 2nd corrective wave you put your sl below low of 1st...

Sangam-Agarwal

Gold found support near 1765 since than it is trading inside a parallel channel . this trend has finished its five impulsive wave now making abc correction. This correction will decide gold will go higher or continue its bearish trend. support 1838 1813 1807

Sangam-Agarwal

1765 1747 1739

Sangam-Agarwal

in parallel channel there are two trend lines parallel to each other. You buy/sell at trend line. near the yellow arrow sign. you multiple resistance trend line fib retracement previous support now turned into resistance trade always have two part Entry and exit you have multiple resistance to sell and you exit at 100% projection of wave at lower trend...

Sangam-Agarwal

Bitcoin has breakout channel now. it is retesting it. . it can reverse right from here or retest again upper line of channel

Sangam-Agarwal Updated 

Gold made all time high $2075. Since than it is making abcde correction which has almost finished. This complex correction make perfect foundation for gold bullish rally which will make gold new all time high at $2100. support of this correction being at 1765 and resistance for potential bull market is at $2120. This bearish movement is result of profit taking...

Sangam-Agarwal Updated 

gold is still trading below trend line for bullish trend trendline is necessary to break. On trend line breakout resistance are 1841, 1831 and 1821 because price has already declined a lot profit taking and retracement make it risk to seller to entry

Sangam-Agarwal Updated 

Price had completed its 12345 Bullish impulsive wave than making abc correction to five impulsive wave. Wave c of correction being a parallel declining channel. correction to five impulsive wave has already made 38% fib retracement. ABC correction can test low of 4th wave which is between 50% and 61.8% retracement of previous bullish trend. if this support level...

Sangam-Agarwal

Bitcoin is rising high after breakout of yellow trendine. It is breaking all the resistance in its way one by one.. This bull rally was started from 3850 which has already given a greedy return . if big boys are riding this trend than they will take some of their profit than that would crash bitcoin like gold. because this price is getting attention of everybody...

Sangam-Agarwal

2020 bullish trend was rising inside a parallel channel but it had breakout that channel and making correction to bullish trend correction wave are five impulsive wave which are ready to rest resistance which are at 50% fib retracement of trend.

Sangam-Agarwal

this is visual guide to Elliott wave buy low sell high when you draw 135 bullish impulsive wave and abc corrective wave every support and resistance become visible. Guidelines Wave 2 never retraces more than 100% of wave 1. Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5. Wave 4 does not overlap with the price territory of...

Sangam-Agarwal

gold is trading inside range between 1900 and 1850. Price is testing support zone , sell on support breakout and retest with macd and rsi reaching oversold primary trend on daily chart being bullish. Any break below 1850 will attract more buyers until 1836 fib level

Sangam-Agarwal

Support 1862 pivot 1901 resistance 1932

Sangam-Agarwal

after bullish movement price is making flag abc correction . Buy trade will valid if candle closes above horizontal support . flat correction breakout will make new higher high

Sangam-Agarwal

after bearsh trend price has made expending triangle chart pattern which is indicating further dollar decline. before further decline it could retest yellow resistance and blue trend line.