WaveTalks

WaveTalks Updated 

Likely C-wave with minimum target of 61.8% of A-wave comes at 1.3390-1.3400 & Beyond 1.3420 it shall target for 1.3500-1.3550 & then likely it is done on upside.

WaveTalks Updated 

The earlier B - wave was taken at 1.3248 highs, but it seems that B-wave itself be a 3-wave sequence or it could be 3rd wave which has started from lows@1.3135 Trading Strategy- In the first scenario where C-wave developing -USDCAD could go below 1.3189 lows & even below 1.3135 lows -these places should be used to book profits depending on your...

WaveTalks

UCAD has a critical zone of 1.3200-1.3206 Incase it crosses above mentioned zone that will suggest that correction to the rally, which started from 1.2882 to 1.3235 in the form of A-B-C is done & UCAD should move up in coming session else it is open on downside till 1.3070 where C-wave is divided in i-ii-iii-iv-& v-waves - currently running into "v"-wave of...

WaveTalks Updated 

Likely "iv"- wave should not go into "i"- wave zone, which is 1.3200 which is invalidation & my count will go wrong, so I am still open with that risk of 1.3200 invalidation level & target -1.3070-1.3080 where the whole wave from 1.2882 to 1.3235 gets retraced by 38.2% & shall set a stage for the rally. This fall will complete C-wave & an irregular flat. Kindly...

WaveTalks Updated 

Got B- Wave of Flat in the impulse move from 1.2882 to 1.3235 - Looking for C-Wave which could complete at 161.8% of A-Wave -which also have confluence with 38.2% retracement of the impulse from 1.2882 to 1.3235. Previous Update

WaveTalks

100 pips from 1.3235 to 1.3346 -which gave us B-Wave & Expected C-Wave also about to complete in the zone 1.3065 -1.3075 giving us where it will have 61.8% of pink a-wave of the triangle - its pink c-wave of the triangle - we shall be looking d-wave of the triangle but kindly do due diligence at your end.

WaveTalks Updated 

Likely we have started falling impulsively, but momentum will become more once EU takes out 1.0911 low which was made on Brexit Day-24th June2016. I shall come up with shorter timeframe opportunities & how we can really use this to get trading opportunities. Regards, Abhishek H. Singh, CMT

WaveTalks Updated 

Awesome Move for Gold Regards, Abhishek H. Singh, CMT

WaveTalks Updated 

Expected a rally & bulls could have joined from 43.60-43.80 Zone- Bang On Target - It takes support & moves Up - Up & Away Last week I said 43.65- 43.80 -The Box where Oil could likely hit - Bang ON Target - It makes a low@43.85 - We shall continue upside. Likely Oil is bottoming at 43$- bang ON Target Regards, Abhishek H. Singh, CMT

WaveTalks Updated 

From the lows@128.60 in 5th July 2016 -It travelled impulsively upside & made a high@143.23 on 14th July2016 in Wave -1 & retraced in Wave-2 Making a low@129.06 -just missed 100% -so not violating one of the cardinal rules of elliottwave- 2nd waves can't retrace 100% of 1st waves- which is correct in this case. Regards, Abhishek H. Singh, CMT

WaveTalks Updated 

Going below 135.73 -Likely a corrective sequence will be in place & we shall be open with target zone of 133.30-133.50 where the c - wave shall equal to a-wave which started at 138.83 High. I am very clear with levels strictly below 135.73 Regards, Abhishek H. Singh, CMT

WaveTalks Updated 

As per last update -I was correct picking the top@2. 930 approx (made a high@2.945)but just failed to watch the 4th wave which I was expecting in the zone 2.785-2.800 - Later I could not monitor as I was running down with a fever- well that's my personal issue. Back to Analysis As per the earlier analysis, it cannot be a 4th wave because it is out of...

WaveTalks Updated 

3rd Wave looks to complete at current high of 1.3122 where it has travelled 3 times of wave -1 - I shall be looking at least 38.2% retracement which comes in the zone 1.3015-1.3025 - post that we shall expect a rally in 5th wave crossing above 1.3122 Highs Previous Update- Boom-This is what happens when E-Wave is done.

WaveTalks Updated 

On daily chart ii-wave is A-B-C sequence -Most likely we are travelling in B-Wave Possible Triangle- In B-wave -closer look I will come up with lower time frame analysis.

WaveTalks Updated 

In B-Wave Triangle -its opening up as again A-B-C sequence where A- Wave just made a low@1.3235 --It looks like leading diagonal in A- Wave which will be retraced deeply in B-Wave till 80-90% & can reach 1.3395--1.3400 but should fail to take out high@1.3445 so later it will fall in C-Wave which will be sonic wave -will create tremors downside. Previous Update...

WaveTalks Updated 

UCAD - Bang On Target -Going to kiss the zone 1.3015-1.3025 - Session low@1.3034 -Vow

WaveTalks Updated 

Sooner GU shall look down in C-Wave - Kindly do the due diligence at your end -once that down move starts it should carry deep atleast in the zone 1.3025-1.3050 zone.

WaveTalks

If Rising Trendline gets broken & UCad sustains below that line likely it will target 1.3080-1.3090 zone or Move Above 1.31901 shall be bullish - One should avoid trading in between.