Bearish Gartley - Often appears as waves 1-2 or A-B or part of complex correction. Impulse wave should follow from point D
Your own risk! Look for politicians action...Wave 3 politically always doing bloody actions...
hi Readers, The Chart deals with weekly time Frame As we now Know that the wave Y in Grand Super Cycle degree & hence the initiation of X wave after Y has pushed it to new highs, say to the current levels. The important idea is that the W within the current X wave in one lesser degree has been progressing as w,x,y,x & z within which waves W,X & Y are completed....
Nifty along through ABC corrective pattern, in that pattern b of (c) wave is progressing.Second half of the this year not good for stock market. Reversal going to happen on 8100 to 8150 region.
If you missed the short opportunity @ the 50% retracement of wave(1) , no need to worry as there is still plenty of opportunity left in this market. For starters , "The Trend Is Your Friend". We are currently experiencing LL's & LH's so lets stick with it. Entry: You can enter short @ the break of wave(2)'s Low Stop Loss: Above wave(3)'s high. TP: You can...
Yes you can prolong wxyz complex...Soon or later you will gonna cut down baby...
USDZAR Daily Chart with buy order blocks marked in yellow. Original analysis; 8am Monday 16 May as preparation for a CNBC Africa appearance. 5th wave targets 18.75 (20.09 in extension). Requires break of 16.97. Until then expect the 14.00-17.00 range to play. Price is extented at current levels (15.60) and 14.80 would present a good buying opportunity.