pattern: correction (wave A & B looks completed) upcoming potential: wave (C) Fib: green- retracement, red: projections
time frame: 4 hrs pattern: w4 of w(2) volume: looks good above average analysis: looks good for long
Mention some details for ZIG ZAG correction with help of live example
--AUDNZD-- -LL-LH- pattern -Decrease in bearish momentum -could be in wave 2 (wave 2 could be till <100% of wave 1) -could enter on completion of wave 2 pattern.
NZDCAD -time frame taken 4 hours -could be in complex correction -here could be in the last leg of Y (move A & B completed till now)
As per the pattern & analysis, the pattern looks bullish on the break of trendline!
As per the analysis & the pattern the complete scenario looks bullish. Levels are marked with proper leveling. All the best!
Indicated & marked proper levels. It is best to avoid trading in this pair till it closes above 200 DMA & marked levels.
EURAUD, here it looks like currency pair is currently moving in wave 4. It is good to wait for completion of pattern then wait for the right time to enter the trade.
Hello, Looks like flat correction has been ended or is going to end soon.. I am expecting some good movement towards upside after the break of trend line. Guys, expert comments are required, do share some views!!
Here, it looks like USDJPY has now in corrective pattern . Now the question is has the pattern been completed or it is heading towards further complex correction ? Guys, Expert views required !!
Currently, the main trend looks intact. Here, the sub-wave 3 looks extended, sooner or later could get ready for the correction! Retracement till 38.2% - 61.8% could be a good buying opportunity for wave 5.
Till now we have completed 1,2,3,4 major waves and the main wave 5 is still in progress. Within wave 5 we have completed 1,2,3 (level-37755) & 4 ?? (It may have been completed or still in the complex correction, pending for verification ?). If wave 4 has been completed (level: 30500), then the next min. target zone for sub-wave 5 could be above 37000 (extended...
As per my understanding of wave theory, bank nifty looks bullish till its immediate resistance.
Graphical representation for possible wave 3 projections under ideal conditions. 100% of wave 1 is the minimum projection limit for wave 3 with no limitation for its further projection
Possible Wave 2 retracement probabilities in graphical representation..
Hello, As per my understanding of Elliott wave concepts, I have tried my hands on this currency pair. Maximum details are mentioned in the chart itself. In case of any query or discrepancy, please mention your valuable suggestions/ideas in the comment section. Thank You! CAUTION! Do ask your financial advisors before making any investment.
Hello, As per my understanding of Elliott wave concepts, I have tried my hands on this currency pair. Maximum details are mentioned in the chart itself. In case of any query or discrepancy, please mention your valuable suggestions/ideas in the comment section. Thank You! CAUTION! Do ask your financial advisors before making any investment.