Netgas Future goes dooooown Although the fundamental data would actually point to a price increase, I still see a price drop of around 30% for net gas before the upward movement can be sustained.
We completed the overriding wave in June 2022 and have been in a correction since then. Wave b was overshooting, which indicates a flat correction.
Thus, we should still reach the 0.618 retracement of the overarching wave at $4.612 before moving back up.
Eliottwavetheory
Icici Bank Elliott Wave AnalysisThe stock has very high liquidity everyday and has been moving in great impulse for last 2-3 months and now the correction is getting completed as expanding flat pattern.After the end of correction at the shown level the wave 3 impulse will start for the target of 1200 level in coming months.
AAPL outbreak Apple has now approached the wave 1 target area and is below the 0.618 retracement of wave (i). A turning point at $139.29 (0.786 retracement) is most likely. There, AAPL should complete wave (ii) and see values from $213.74 to $231.35 in wave (iii). So it looks very bullish for the largest company in the world and price increases of up to 50% could be possible.
Feel free to write me your thoughts on Apple!
paypal (pypl) on bullish trendPaypal (PYPL) shows a very clear picture in the chart structure. We have two possible scenarios here, whereby the alternative scenario only has a probability of 20% due to the sell-offs.
Thus, I assume that Paypal saw the low at $68 on June 29 and has been in a wave (1) since then, which was completed August 16. Since then, the stock has been building a clean a-b-c correction, where the c should bottom in the area between the 0.618 retracement ($81.36) and the 0.786 retracement ($75.52), and then sustainably rise in a wave (3).
Nifty wave 4 completed now heading towards 17928-As discussed yesterday Nifty confirmed wave 3 & today itself it gave retracement of wave 4
-From now on nifty at the time of closing Nifty gave very small bounce from 17779 which is where 38% level is
-We can assume that wave 4 is completed here & from tomorrow we are heading towards wave 5
-Target of wave 5 is 17919 also because our wave 3 was extended & wave 5 may get extended or not but it should atleast target high of wave 3
*If market breaks 17665 then this whole theory gets invalidated*
Silver Market (30m)The silver market is in a clean 5-part uptrend right now. The correction was completed cleanly between the 0.618 and 0.786 Fibonacci retracement and since then it has been impulsively moving upwards. The (iii) has captured the 2.618 Fib extension and then completed cleanly into the (iv) (around the 0.5 Fib). Now silver is in the ii of the (v) of the . If silver does not penetrate the area of the below 18.745, it can be assumed that the analysis is correct. If the price turns within 19.1 and 18.8 in the ii, we are in wave iii of the (v) of the .
I am eager to hear your ideas!
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.
Is the correction finished?I think we are still in the possibility that this is all a triple correction and there is still a final drop according to Elliott.
And by psychological analysis, after the waves of large liquefaction, it is necessary to give an answer to the market to suspend the small fish. It is illogical for the price to flow with that nonsense to rise directly without noticing large volumes.
I have 3 possibilities to think of:
1- We will visit 18 thousand and we will go up because everyone will think that we are going down to 12 thousand, especially after the answer that the market has gained.
2- Not to stop within 18 thousand and penetrate it directly, I think because the price will not go down under 14 thousand, but the bottom cannot be expected before you saw the drop and its shape, so it remains talk.
3- This is a real bullishness and we missed the bottom. We are waiting for the end of wave 1 of the impulsive wave (I have not been able to draw any impulsive wave that supports this analysis).
Please let us know what you think and what you think
Are energies done? XOM$XOM seems to be creating head and shoulders pattern. Imo the move for energies has been done, at least for a while. The previous support now acts like a resistance, and it failed to hold above 91.20 yesterday. I would be careful as it might be a change of trend and also could be wave 3 out of 5 on the way down. Still LT trend is bullish. We shall see if the 100MA will keep the price from falling lower.
Bitcoin Possbility of Pump up !
Hello, this is Goldencloud Cypto Kim Jude Here.
It is a bitcoin market that has reached the highest peak in history so far due to the most important moving.
It will continue to be paid in the future, and will continue to be paid in the future.
It responds moment by moment, with a loss of hand.
First of all, when looking at the daily chart, various analyzes and interpretations are possible, but if you look at the wave that has descended from 68k as a compound, it is currently in the Y wave, and there is no single wave in the Y wave.
I judged that a wave was coming out of a compound, and I tried counting accordingly. From the point of view of an Elliott wave, it shows an impulse wave when it goes up and an impulse wave when it goes down.
It was a moving that made me wonder if the driver was really making the Elpines suffer in that he made a very confusing moving.
As it is expected that there will be sufficient convergence and sideways movement until the FOMC meeting on March 17th, it is judged that about 25bp has already been reflected in the market, showing the last wave of the Y-Z wave,
Since there has not yet been any meaningful trading volume that exceeds or equals the trading volume that broke out on February 24, we decided that there is still room for a rebound, so we counted.
Broadly speaking, this wave may be the number of X-files or a rising wave,
so we plan to hold a position in the common long section and trade safely after a certain amount of profit in the minimum rebound section.
Looking at other scenario,
first. C pulse rising wave perspective after AB from the low point
Second, after the ABC rebound from the trough, the view of a crash with a downward impulse
Third, the perspective of an upward or downward trend after convergence
Since this is a section where various analyzes and interpretations are possible in the current position, I think that trading should be done with more flexible thinking than ever before.
Personally, I am looking forward to a rebound from the main point of view, and the long position I received at 34.4 is still being held.
Lastly, I want you to always trade with a good profit/loss ratio, send a cold wave rather than grab a blade, and make a stable trade in a place where you can definitely set the stop loss price.
Below is the proof of revenue from the wave below. Of course, only good things.. hahahahahaha
Short term Eliot counting Analysis
Hi all,
Please see my NQ100 counting,
I thought it came out the Impulsive wage from the bottom at 13,000point,
and then black monday gap could be ABC finished all, or Large A finished.
Anyway, It comes impulsive wage from the bottom it could be bounce back to the 14,400point
See how it works.
Regresioned EW BNC Index technical analysisNothing special here, just calculated regression (Not manually drawed one of red and green line)
+ some EW´s + MA´s application which seems to be strong to use from long term analysis and mid/long term smart spot trading with reduced risks and still big profits
www.tradingview.com
The best is in my opinion yet to come
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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