It is a misunderstanding that TA is not worthy for trading. But TA is the only tool available for traders who makes huge profits without any FEAR or HEDGING.(Multiple combination of Calls&Puts) My chart showing that the recovery in NIFTY (wave 'XX'/B) is nearing its completion on 05/01/2022.(as per NEO wave TIME cycle). Bearish TL connecting wave ''B'' and wave...
We are both technical and fundamentally bullish on the Dollar after a positive print on the ISM manufacturing we expect expected that to put pressure on the FED to taper this upcoming FOMC. we expect CHF to be pressured in the coming trading sessions
It seems like WXY finished and it started correcting down, which is not confirmed yet. So until it stays below 1571.35, it is considered to bearish and can go down up to 1500. But if it go above 1572, then the C of Y wave can extend higher.
It seems cycle finished in ending diagonal at the top and it started correcting the previous up trend. The drop was ABC zigzag, so expecting it to bounce, which can be dip towards 1560-1600 and after that expecting one more cycle down towards 1350 or lower to finish the current correction.
Over the last month Bitcoin has had countless of opportunities to make its bullish break up. Yet, it has failed on every single occasion. At the moment Bitcoin seems to have completed a double 3 WXYXZ wave. This in turn amounts to the B-wave, of which we're now staring a potential C-wave in the eye. If Bitcoin breaks the $30 000 support zone, that will confirm...
Hello TradingViewers, This is my personal trading challenge to grow a small account with an initial capital of US$1,000 to US$450,000 by risking a maximum of 20% on each trade and targeting a 3:1 Reward/Risk Ratio or higher. Each trade will be carefully planned out and patience will be required waiting for an optimal trade setup. I will document each entry with...
It dropped in zigzag wave, so it is possibly bounces in zigzag or flat correction as wave (X) (or B) wave. The current move is the part of (X) wave and bounces up to 7600 to 7800. Then only it will go down in next zigzag down. In bigger time frame it can form ABC flat also and in that case it can go up to 8200 level as alternate count.
the structure looks obvious 3-3-3 within a larger 3 wave corrective structure from Merck's ATH
XauUsd is doing 7 swings Double Correction. Should find support ~$1700~$1710.
Welcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis. XLMUSD - It is within complex WXY correction, where 5th of c of Y wave may start soon to end the full correction and thereafter...