TradeMagic005

TradeMagic005

Gold wave 4 in the wave pattern soon will come down

TradeMagic005

The nifty index has completed the five wave imulse at 18067 todays low level and now the ABC three wave corrective retracement has been started and tommorrow market will be moving up levels 18221-18268 and 18315 there will complete the correction.

TradeMagic005

On Banknifty the Impulse wave pattern has been completed and now the corrective pattern retracement has been started tommorrow market will be moving upside targets 42760-42917-4378 levels to complete correction.

TradeMagic005

Today Banknifty has given big breakout to downside.....Todays low 42369 is end of impulse shown in the chart and upside three wave correction levels to 42987 and 43137 levels.

TradeMagic005

The Index has Completed its Five Wave Impulse Top Yesterday and today it has started the good bearish large degree correction ABC as shown in the chart which will complete upto 41600 and if it breaks down it will complete upto 40000 level.

TradeMagic005

Today Nifty has shown very panic bearish sell off.Now the Market has completed the daily timeframe impulse as shown in the chart .The index has entered into the Double three wxy correction in which w and x leg are completed and now the wave y has begun in which wave a is unfolding.The price targets to complete the double three patterns are 18180-18120 and if those...

TradeMagic005

The Bank nifty has been moving in the impulse pattern as you can see the wave 4 is in Flat wave pattern range between 43858-43365 and wave 5 target is 44268 level upside.

TradeMagic005

This Commodity has been in the wave 4 for impulse and that wave 4 is now w-x-y double three pattern in which wave z is in progress 22.46 and 21.45 to downside are the targets.

TradeMagic005

The dollar index has been in the Impulse pattern of the intermediate degree and now it is in wave 4 as the running flat correction whcih will complete at 106.67 level as shwon in chart tag and then the wave 5 target to downside is 102 level as shwon in the chart.

TradeMagic005

This Pair has been in the Zig zag correction of primary degree shown in green label and now wave B is unfolding.In wave B the sub wave b is moving as the running flat which will complete at 0.7000 level and then the down side argets as shown in the base channel support and remaining sequence as shown in the price chart.

TradeMagic005

This Pair has been trending down in the Impulse Pattern of Minute degree and right now it is in wave 4 as Elongated Running Flat and it will end at 138.56 level and then the wave 5 impulse to down levels 131.90 and 129.94 .

TradeMagic005

This pair is in Regular Flat pattern and now wave C target is 0.9568 and then down impulse target is 0.9085.

TradeMagic005

Th US index has been in Flat correction A-B-C as shwn in the chart and the wave C is moving as impulse pattern right now the wave 4 has been completed and wave 5 target is 4194 .

TradeMagic005

The nifty index has been in running type of Flat correction as shown since 15 November.Now the nifty has the downside targte of 18517 level to complete this corection.

TradeMagic005

The dollar currency index has been in down trend for more than one month now.On friday last week it has completed the small impulse trend and correction and the new impulse has just begun now and the next downside targets are 103.56 and 103.03 levels.

TradeMagic005

This forex pair has been in uptrend degree structure.Currently the micro degree impulse trend has been completed and now the new trend impulse has target the target for it is 1.2546.

TradeMagic005

The Nifty indeex is trading in the wave 5 of Impulse shown in Orange labels wave 1 and 2 as subwaves has been completed now and wave 3-5 subwaves are yet to complete the final targets for wave 3 and 5 are 19390 and 19716 .

TradeMagic005

The Bank index has been in flat correction of wave 4 which is completing today and the wave 5 will start today for the target of 43021 - 44061.