Elliottwaveanalyis
Short AMBUJA CEMENT with 1:17 RRAmbuja cement is going to fall near about 17% and the stop loss is near to 1% only.
Best time to get the maximum reward.
These types of moves generally come to notice with the ELLIOTT WAVE THEORY, as in this case:
Ambuja cement from its high made wave A sharp and wave B triangle. Wave C is about to come, and if we see wave C near about equal to wave A, the reward is maximum.
Also, wave 5 is extended towards a time high and should be retracted. Half of wave 5 is already retraced and half is left which should be retraced by wave C.
The stop loss is 524 and the target is 426.
Happy trading, guys.
ETH/USDT Elliott Wave count 4H TFEthereum going up with an impulse that may be a wave C from an extended flat corection, or a ”dead cat bounce”.
I think we are at the end of 3rd wave as the price hit 1.618 fib extension 1 vs 2 but price may go a little bit up to end this 3rd wave if it will be extended.
I will update the count for 4th and 5th waves after we see this 3rd wave ended.
Watch also my related ideea and great gains for those who played this 3rd wave.
Bulls are lurking on the chart of the WTIThis juncture looks like a solid base of the bulls. What I see:
- nice divergence at the bottoms (2 - 2, it can be a "slingshot" easily)
- a massive key level for the bulls by the volume profile
- the minor 1 wave's top as critical level for the bulls
Prepare for a massive jump, the bulls will attack these levels.
SNX/USDT Elliott Wave count 1H TFExpecting a move to the downside for SNX and this is my trade setup.
Short entry below 2.200 with stop lose above invalidation line and take profit at T1 and T2.
Probably we have a zigzag patern with a leading diagonal for a wave A and a flat coorection for wave B. Now we are into wave C with wave 1 and 2 finished.
Good luck!
Aave/USDT Elliott Wave count 30min TFAave probably finished an abc correction to the upside and now made a leading diagonal tot the dowside that may be a wave A or 1.
Price was rejected on 0.618 fib and this may suggest that wave B is over.
Target for wave C is into the C box and for a 3rd wave is into the 3 box.
Short entry at 81.00 and stop lose above invalidation level.
Good luck!
ETH/USDT Elliott Wave count 2H TFEthereum may go up with an impulse to end an expended flat correction .
Wave A that may form flat pattern is a zigzag with wave B a triangle
Wave B that may form flat pattern is a zigzag also but with wave B a complex correction WXY.
Also wave B it pass below starting point ot wave A.
Wave C We have 2 waves (2 ABC) and now I think we have a wave 1 from an impulse Wave C that will form flat correction.
Wave 2 from it may not be ended at the time I am writting this.
What is important here is that the price break above 1300 to can say that wave 2 is finished and to have more confidence in this count.
Below 1189 this count is invalidated.
I will update this count when I will see more price action.
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Thank you and good luck!
ETH/USDT Elliott Wave count 1H TFTrade long on ETH.
Price bounce into 0.618 fib retracement forming a bullish engulfing pattern.
Entry now or for more conservative play wait to break up the slope green trend line.
Target 1319 - 1344 range for a C wave to end a trianggle correction. (see the related idea.
Stop lose 1265
Good luck!
ETH/USDT Elliott Wave count Daily TFEthereum expecting to end a complex correction WXY for a wave B somewhere at 1000.
Probably we are into wave E from A triangle correction wave B from ABC that forms Y wave.
Can trade short when wave E is completed with stop lose above wave C from triangle or wait to break BD trend line.
Good luck!
Bitcoin Elliott Wave count 4H TF Bitcoin after measuring waves fits perfect for a leading diagonal that may be a wave 1 or A.
I am expecting the price to rise from here as 4th wave already hit 0.5 fib retracement of wave 3 and to hit the slope red doted trend line.
After it will go for a correction but will post updates for this when I will have more price action.
Invalidation below 18896.
I will post in the coming hours a count for 12 hours with the bigger picture of bitcoin. Stay tuned for it!
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Thank you and good luck!
PHM - Long after wedge breakoutAfter a 5 wave rally, the stock has corrected in a three-wave pattern. The correction has retraced 78.6% of the 35.03-47.19 rally and prices are rising again, breaking outside the wedge that has been forming since end of July. My take profit comes in at which the rally from the lows will be equal to the previous rally around 50.5 My stop is below the recent lows at 36.50
XRP/USD Elliott Wave count and trade 4H TFXRP perfect tirangle to trade.
Wave B retrace 0.618 of A, Wave C retrace 0.764 of B, wave D retrace 0.764 of C, expecting to see the E wave fall into 0.618 - 0.764 retrace of D.
0.34 % target for take profit from end of E wave. Stop lose below C wave end.
Aggresivve entry at 0.618 fib retracement of D, a more confident entry will be on the break of BD trend line.
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Thank you and good luck!
COM7 | Elliot Wave Correction Target Projection - EMA200WPrice action and chart pattern trading
> Possible making its uptrend to 4-wave of the 1st A-wave correction, expecting a retracement of 0.382 - 0.5 of 3-wave
> EMA100 W and EMA 200 W are the key dynamic support and resistance of the current movement.
> The final 5-wave of A could be retraced back at EMA200 W.
> Wait for daily timeframe reversal pattern near EMA200W support line for long entry
ETH/USDT Elliott Wave count 6H TFThis count is possible a bullish scenario for Ethereum.
We have an upward impulse that can be A or 1 and now we probably have a complex WXY correction and not a zigzag as I had previously anticipated.
If so, we should be in a triangle-type corrective wave at this moment, which could be the B wave from the ABC that forms the Y wave.
This triangle could also be a wave 4 from a wave C of a zigzag type correction, but it still seems too big for a wave 4 compared to wave 2, but nothing is excluded.
This triangle is not complete yet and I'm waiting to see how it ends. It is possible that we are in wave D at this moment which should end in the trend line that starts from the origin of the triangle and joins the end of wave B of the triangle and from here wave E of the triangle should follow.
This wave C from wave Y so that we can consider it complete and to maintain this bullish count should end in 0.618 fib extension A vs C which favors a landing at the bottom of the channel and at the same time here we would have 0.764 fib retracement from wave A or 1 higher degree which has its start on June 18. We could also have divergence on the RSI at the end of the Y wave.
It is possible to trade short after the end of the dream and the breaking of the BD trend line formed by the triangle but since I will see more price action I am neutral.
I will update this account, so if you like my analysis, subscribe and press the like button. Thank you and good luck!
RSR/USDT Elliott Wave count 4H TFRSR break slope trend line with an impulse that probably is wave 1 and than made an abc correction to retest the trend line after the break for a short wave 2.
This is the wave C probably an impulse to the upside that will hit 1:1 ratio.
2.236 Fib projection 1 vs 2 hits perfectly the zone of the 1:1 ratio A vs C so from here I am expecting to start the wave 3 from this C wave.
I am long on RSR with target into the box and stop lose below invalidation level.
Also take a look to the related idea.
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Thank you and good luck!
XRP/USDT Elliott Wave count 30min TFXRP barrier triangle consolidation not finished yet, it must finish the D wave into the box and than I am expexting a short E wave to end above 0.4860 but I am not excluding that can end into the AC support trend line.
If the wave E will be a short wave I am expecting a minimum 20% return on this trade.
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Thnak you! and Good luck!
ETH/USDT Elliott Wave count 15 min TFEthereum probably made an impulse to the upside that is a leading diagonal.
Expect for correction to end, and at least the end of 4th wave, 1st box. It may drop at the second box at the end of 2nd wave to place another entry.
For more conservative play you can wait to break up the b wave of the correction that may be a zigzag.
Target for a C wave is 1385 and for a 3rd wave 1430.( If the correction ends at the end of 4th wave.)
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Thank you and Good luck!
DXY Elliott Wave Count 1M TFThis is my macro view using elliott wave theory.
The count starts from march 2008 when we have first impulse up wave 1 (red) ended in march 2009 than untill april 2011 we have a flat correction for wave 2 (red).
After we have another impulse that probbly is the start of the 3rd wave black count with a 4th wave expending triangle and now we are into 5th wave of the black count that is the extended wave.
Probably it ended the 3rd wave (blue count) of this extended 5th as the price already has hit 1.618 fib extension 1 vs 2 (blue count), also we have an important trend line that connects wave 1 (red count) with 3rd wave (black count) and wave d from the expended triangle (blue count). At small time frame the price has a rejection in this trend line.
Probably the price will make a correction for this 4th wave from this extended 5th wave (blue count) and will give BTC some oxigen to go up, but the price must stay above 103 as it must stay above 1st wave (blue count).
So I am short on DXY for this 4th wave(blue count).