Hello Friends, Today I am sharing my view on Aditya Birla Fashion And Retail Limited. ABFRL is now ready for new long positions as per Elliot Wave structure. It is suppose to complete WAVE ABC as Expanded Flat Correction which usually comes in 3-3-5 waves. Now price is in 5th wave of corrective wave ABC which any time get reversal from downtrend to...
BINANCE:ETHUSDT COINBASE:ETHUSD Hey everyone, first take a look at my previous analysis and positions. Along with the analysis of Bitcoin, Ethereum can also continue its upward trend up to the stop-hunt range if the price stays above the 1854 level. Consider the impact of the ADP Employment Change & ISM Services PMI & Fed Interest Rate Decision. 5.25%...
TECHNICAL : as we can see, CADCHF reach a new demand zone and bounce from that level . in my opinion CADCHF makes a final wedge structure ! FUNDAMENTAL : According to financial reports Bot , Unemployment Rate and Inflation Rate of CANADA are improving. so wait for breakout and then open a long position .
BITCOIN is going down in a corrective (X) wave of sub-millennium degree, and is being divided into waves ((a)),((b)), and ((c)). This WAVE 4 (divided into a WXYXZ correction and please notice the rising wedge) retraced almost 100% of WAVE 3, and now BITCOIN is about to DROP $3k again into a WAVE 5. BITCOIN is heading to a very significant PIVOT POINT which is...
Apple is up by more than 4% today following its earning report. The stock is testing previous highs and also the top of a rising wedge pattern. This could be an interesting resistance zone to monitor if you are looking for a contrarian bearish trade
BTC/USD Volume Analysis - Bitstamp 1 month chart. BTC is still in a massive Ichimoku Y-Wave Pattern, which is like a western Broadening Wedge Pattern. BTC is also in a massive Ichimoku P-Wave Pattern, which is like a western Symmetrical Triangle or Pennant. BTC is also in a massive Rising Wedge Pattern. I have also added in various Support and Resistance lines...
Eth is consolidating in ascending channel and falling wedge. It will stay in this range for some days. Btc will pump more than Eth these days. It’s not ETH time.
nifty had taken support twice from a very strong resistance zone formed since the last 2 days after the market opening today nifty had formed an ascending wedge pattern since yesterday which was broken out later in the day and consequently nifty went upwards by the same amount as the width of the wedge
Potential Bearish Entry Dow Theory In Place - Lower High and Lower Low Expected in Place Formation of Rising wedge coupled with bearish divergence (Bearish reversal pattern) SL & TP Levels are defined.
DXY is having bearish trend in general while creating descending broadening wedge in 1H timeframe. I am predicting two scenarios: 1. DXY will move upward temporarily to 102 and continue to go to 100.5 2. DXY will have reversal to break the resistance of the descending broadening wedge and continue to reach 104 (Fibonacci retracement 1.618)
Watching the TVC:DXY and the USD losing strength with #BRICS backing their currencies with #gold
Bank nifty is out of wedge pattern but faces strong supply ahead Looks like it will reverse and retest the wedge support
GOOD day traders nex week i will be looking at NASDAQ, what i am expecting is the market to give us a pullback after hitting our TP1 hopefully the pullback will lead us to the to the third touch of our wegde pattern so that we can join the trend by executing our buy trades.
Price forms wedge pattern that in most cases ends current trend. So possible some corrective move to the downside. Breakdown of the support level at ca. 1.2280 would be additional confirmation of this scenario. Target fot shorts can be round level 1.2200. Trade carefully!
#Bitcoin 4hr #TA at #KuCoin At Present #BTC moves as per #Bullish #FallingWedge Pattern to complete it's cycle around 31st March to 3rd April, if it follows pattern properly, then next target is going towards $30k, but if any news arrives in market then signals will be change fast as per market panic #FUD.
Bullflag buildup of liquidty then short baised due to divergence and other technical patterns. - Ascending wedge .
Wedge formation. Trade the breakout on the upper or lower line. I'm leaning more bearish, 1960 for a short sell. first TP at 1930. 2nd at 1900.
TVC:DXY INDEX:DXY TVC:DXY ⚡These two scenarios are expected to occur in the dollar index. A break or resistance of the 102.598 level is very important to determine the continuation of the trend. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌