C-WAVE
SPX 5D bearish wave, rising wedgeProbably being captain obvious with this for any trader paying attention...impulse wave off the ATH with corrective rising wedge into Fib resistance between 0.382 and 0.236 (~4400 USD). Targets down to 3300?
How pretty you are ya1 Wedge/ Wolfe wave/ 3 drives
2 Handle
3 Breakout of wedge
4 Pullback of bull trend,0.5
5 Measure Move + OB
Long for 1234, Short for 5
EURJPY AnalysisEURJPY Analysis
The corrective wave Z, which was a triangle,
has completed and an impulse wave has begun.
Regards,
EUR Index Analysis EUR Index Analysis
As you see in daily chart, down wave 5 from wave c is done and we are in up impulse wave.
Regards,
GBPUSD promises good RRRGBPUSD promises good Risk-Reward-Ratio. Till the take profit point I would suggest to be long on the GBPUSD.
eur usd Din Daily time Fram I think wave 3 is finish correct now will go to wave 4 and also in wolf wave at the same time is give me price action to inter buy
TLT nearing bottom Still in line with my previous analysis. I approach this from an Elliot Wave perspective with Fibonacci relationship.
To me this looks like a macro ABC with final leg down reaching extremes. We are likely in a bullish divergence territory on a Weekly Chart.
The chart above is Daily for easier wave count to pin point where C might end. The support box is in gray; this is an area where a price could react with a strong bounce or reversal. As you can see we are already there so support could be found very soon.
Another fib support coming up in the 90-96 range where I feel there is a strong possibility for a bottom (not guaranteed, hunting bottoms is a dangerous game).
If we take a trend line in wave C from ii to iv and measure the trajectory of where v should end, it also points at a region of 90-96. If the market presents this opportunity it has a number of supports coming together all in that particular area. This bottom could mark the top in US10Y and other treasury bonds since they move inverse to TLT. Also the dollar index is hinting at a top and pushing extremes so I expect a reversal or a top in Sep-Oct timeframe. The month of September / October (2022) might come with fire works!
Not a financial advice.
Cheers,
icici Lombard future viewicici Lombard is great company, gaining its market share form lic ltd. it had corrected a lot, and i have drawn the waves for the future. it will be reaching its previous trend line comtinuing padt from the corona(drawn in the chart), so it will have a impulsve wave from my analysis point of view.
USDJPY WUSDJPY technically time to Retest for continue but market Sentiment Strongly Bull. market can take time in This zone 140-142 on the other side market can spike downside for retest and continue up trend. its quite risky time for usdjpy.
Sanofi bull run about to comewhen the waves get completed one could make profits within a short duration.
Sanofi is a great company with a good fundamentals, due to FII selling heavily and earnings not reaching the estimate, it has corrected a lot. its gaining volume, and RSI indicator also showing a bull trend coming nearer.
GBPUSD AnalysisGBPUSD Weekly Analysis
As you see in chart, trend still down and we are in wav Z
Regards,
BTC SHORT
hello traders
In today's session, I am watching Bitcoin for an opportunity to sell to target the demand area
short links to the posted It's on the way down for more to get the grey zone touched
Let's see how the prices go within this alternate bat pattern
Cryptocurrency getting ready to pump sin usdt
wave analysis
price action
range
break out
impulse wave
purification analysis
crude oil alternate bat pattern is in progressCrude oil alternate bat pattern is in progress
Please see the entry, targets
BTC UPDATE There is a divergence on the MACD indicator, so a small correction is formed before going down to break the bottom and then the 16500 level
mid-term EURO to GBPHere we go again, this is #EURGBP multi time frame in 1H and 4H, in the first pic you see the 1H picture, as i showed, there is ABC corrective pattern in the second wave that touched the fibo 61 and the highest of first Fibonacci, then in the 4H time frame we can see the uptrend channel that touched the HH again to the resistance, we are going to sell.
