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Elliottwaveprojection

Caution: Expect FI (Fiserv) to Sell OffThe fundamentals are looking great for FI no denying that. However, we have a text book 4th wave triangle you can see on the chart then with a thrust into a 5th wave. We have met the measured target of Wave A of the triangle = Wave 5. It's also interested to note a lot of top insiders have been selling at these prices. Also, not shown is monthly divergence, which is expected in a 5th wave. Expect prices to move to at least below Wave 4 around $109 or lower. Once a wave A sell off happens we can project for a wave C projection before prices could move up.
NYSE:FIShort
by adriel.arrasmith
TRXUSDT | TFW Wave Analysis | Massive Bull Move +150% Price action and chart pattern trading setup: > A massive bullish wedge downtrend wave ready for bull rally + 150% upside (0.11+ USD)- strong dynamic SMA200W and wedge TRIPLE PIN BAR trendline support. > The key symmetrical resistance to breakout SMA200D and upper resistance 0.06 price if breakout successfully the next target at 0.07 and 0.09. > Indicator: both Money Flow and RSI bullish divergence in daily timeframe - strong signal for a possible upcoming reversal pattern.
Long
by dukeposh
3
DOGEUSD | ABC Wave Cup Pattern - Target Projection +120%A potential ABC - Cup pattern formation scenario TFW - current multiple falsebreak below 161.8% extension - a sideway / sideway down movement implication > RSI convergence signal supporting wave 3 status > Projecting wave 4 at rounding cup support level, possible 20 week moving average and 100% fibonacci support zone. > Targeting wave 5 at 361.8% fibonacci extension of A wave at the key liquidity resistance level + 120% profit. Always trade with affordable risk and respect your stoploss Goodluck
COINBASE:DOGEUSDLong
by dukeposh
1
ETH : Following BTC, Elliot Correction Wave $2700📉Hi Traders, Investors and Speculators of Charts📈 ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern. Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick towards the 100d (turquoise) will not be unusual: Here are my thoughts on Ethereum from a MACRO outlook, for future potential targets: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:ETHUSDT
by CryptoCheck-
3
Crypto Has Bottomed! Buy Now!I've been tracking this Elliott Wave count for some weeks now including other coins. We have an obvious 5 waves carved and RSI divergence on the daily/weekly. We now have all the characteristics of a Wave C decline with very rapid price movement declining over the weekend. The Wave 4 bottom was taken out, which can be a spot for liquidity before moving higher and also at the 0.382 Fib level. I am expecting prices to go to $34-$38 next, which will be the 1.618 fib extension of this entire 5 wave move and a previous high where I would expect liquidity to be present.
Long
by adriel.arrasmith
BTCUSDT | ABC wave target projection TFW +75-80K USDThis TFW wave analysis in this scenario of a 5 wave expanding diagonal structure: w.1 - completed Dec 2017 w.2 - declined @ 78.6% of w.1 w.3 - an impulse 5 wave @ extension 361.8% of w.1. w.4 - also @ 78.6% of w.3 ABC structure (alt count 1-2-3-4-5) overlapped w.1 zone by 10%+/-. w.5 - currently preferable ABC or 123 structure with a complex w.B/2 wave correction @ 38.2% (B wave is often complex pattern) of w.A/1. The impulse move of the current wave c.3 now extended above fibonanci 261.8% of w.a and sustaining at above level 65K USD The current price movement could be entering liquidity zone approaching the major upper trend/channel resistance and the next fibonanci wave C/3 target at 361.8% around 75-80K. Supported Indicator: weekly RSI @ 90 the highest level with convergence value - a possible higher price with a bearish divergence confirm the next move for a trend signal for reversal/decline. Bearish count scenario - daily price movement possible ABCDE triangle - minor 4-wave for a short-term correction resulted in a lower price of minor 4-wave. Always affordable risk and respect your stop.
Long
by dukeposh
Eat No Ants: Ethena outlookSOO, nowdayz good projects are rarity, but ENA is what u want to hold, I guess. Binance was very kind and generous(NO) to let us farm some tokens, and its brand new thin', we all wanna pick up. ANYWAY To be honest, I don’t like everything related to ETH and its commissions, I also associate the word ETHENA with something bad, and you will understand this if you visit their website. THAT'S WHY only speculative interest I assume a diagonal, I also indicated the zone of the maximum correction of wave 2, but I only have a Binance chart, so everything may not go according to plan at all. We are waiting for confirmations, divergences and points to build a channel
by zikkuratt
SBICARD: Technical Outlook, Breakout & Elliott waves AnalysisCurrent Zoomed view Daily MACD turned Positive Trishul Activated in RK-Brahmastra 4Hourly Breakout Elliott Wave Analysis of SBICARD (SBICARD) Overall View Zoomed View Overview: SBICARD has displayed a promising Elliott Wave setup, indicating the potential unfolding of a bullish wave cycle. Recent breakout movements, supported by strong volumes and positive divergences across multiple time frames, suggest a bullish bias. With various technical indicators signaling bullish momentum, the stock appears poised for further upside. However, it's crucial to exercise caution and implement proper risk management strategies. Detailed Analysis: Wave Cycle Completion: On the weekly chart, SBICARD seems to have completed a larger degree wave cycle, consisting of Wave ((1)) and Wave ((2)). This suggests a significant bullish trend underway. Current Wave Structure: Presently, the stock appears to be in Wave ((3)), which is typically the strongest and longest wave in Elliott Wave theory. Within Wave ((3)), we have likely completed one lower degree Wave (1) and Wave (2), indicating the initiation of a new bullish impulse. Positive Divergences and Breakout: Multi-time frame positive divergences, combined with a breakout accompanied by substantial volume, support the bullish bias. Both trend indicators and oscillators across various time frames align with the bullish sentiment, providing further confirmation. Bullish Signals: The activation of both Brahmastra and Trishul on the RK-Brahmastra indicator, along with all green signals, indicate strong bullish momentum. The current price action suggests the unfolding of Wave iii of (i) of ((i)) of 1 of (3), highlighting the potential for significant upward movement. Price Targets: If the wave counts align perfectly, SBICARD could target levels near 1050 (Equality of Wave (1)) and 1278 (1.618 Extension of Wave (1)). Strength above 790 levels could further bolster the bullish outlook. Risk Management: It's essential to note the invalidation level at 655 on the lower side. A breach of this level would indicate a potential deviation from the expected wave counts and warrant a reassessment of the bullish scenario. Traders and investors should prioritize risk management and employ appropriate stop-loss strategies to mitigate potential losses. Educational Disclaimer: This analysis is provided for educational purposes only and should not be construed as trading advice or tips. Traders should conduct their own research and consult with financial professionals before making any investment decisions. Proper risk management is crucial in trading, and investors should be aware of the inherent risks involved in the financial markets. Conclusion: SBICARD presents an intriguing Elliott Wave setup, indicating the potential for a bullish wave cycle. Positive technical signals, along with strong volume breakout movements, support the bullish bias. However, traders should exercise caution, adhere to risk management principles, and remain vigilant for any changes in the market dynamics. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:SBICARDLong
by RK_Chaarts
8
NIFTY - Ready to Launch into 27000 levelsGETTEX:NSE : NIFTY NIFTY Index since its inception in 1990 - completed Wave 1 in 2008 followed by Wave 2 with FIB approx 0.5 Fib level retracement. Then continued wave 3 impulse wave until COVID impact with a sharp correction(retracement) to 0.382 fib level marking the completion of wave 4. when waves 1 and 3 neither of them are extended and wave 4 retracement is only 0.382 fib level, a most likely scenario of wave 5 is extended till 1.618 FIB extension (~27100 Level) This long-term possibility could take months to make due to macro global and political as well. However, the current position of INDIA in the Technological and Political Landscape globally. I truly believe this possibility is a quick one to achieve.
NSE:NIFTYLong
by MendiUser
Gold Correction Due - before this week market closePEPPERSTONE:XAUUSD Following the principles of #ElliotWaves, when waves 1 and 3 form without any extension, then wave 5 tends to make approximately the same magnitude in the same amount of duration. Wave 1 - Magnitude - ~ $76+ in ~ 2 D and 17 hrs Wave 5 - Magnitude also made ~ $76+ (Short of 60 cents) in ~ 2D 11 hrs as of this post. In this scenario, when there was no extension in the impulse waves, the correction would be till 0.618 to .50 Fib Retracement Level 2226 - 2200 Range.
PEPPERSTONE:XAUUSDShort
by MendiUser
3
Riding the Waves with Affirm Holdings An Elliot Wave PerspectiveGreetings, fellow learners of the financial markets! Welcome to RK_Charts, and today, let's delve into an educational exploration of Affirm Holdings. Technical Insight: Affirm Holdings is currently trading near $36.70, showcasing an intriguing Elliott Wave pattern. Having successfully navigated through waves (1), (2), and (3), the stock now finds itself in the midst of the corrective phase, wave (4). Within this phase, wave C is on the verge of completion, having completed waves A and B. Detailed Wave (4) Analysis: Zooming in on wave C, the intricate journey unfolds with meticulous completion of waves ((i)), ((ii)), ((iii)), and ((iv)). As we stand on the precipice of the final leg which can show little new Low also possibly with Bullish Divergence, wave ((v)) beckons, potentially signaling an upcoming bullish move, So new Low can be an opportunity at lower levels. Educational Purpose Only: This analysis is presented solely for educational purposes. It is crucial to understand that market dynamics are multifaceted, and investing involves inherent risks. Always conduct thorough research, factor in personal risk tolerance, and consider seeking advice from financial professionals. Invalidation Level: In this educational context, an invalidation level is established at $30.65. This level serves as a precautionary measure, signaling a point at which the current analysis may no longer align with market movements. It's a reminder of the importance of risk management in any trading or investment decision. Potential Target: For those intrigued by market dynamics, consider the educational exercise of contemplating a long position in Affirm Holdings. The anticipated target of $52.50 aligns with the top of wave (3), illustrating a potential upward trajectory. Conclusion: In the realm of financial education, Affirm Holdings provides a captivating case study. Approach this analysis with a curiosity for learning, acknowledging the fluid nature of markets, and embracing the importance of risk-aware decision-making. Happy learning I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NASDAQ:AFRMLong
by RK_Chaarts
BANKNIFTY Just a ViewAs seems from the chart we have 2 no of possibility 1 I have depicted here. We have completed A (subdivisions 12345), B (subdivisions wxyxz) and hoping for C wave is in progress from today. And it may subdivide into 12345. Things that making this possibility likely are mentioned below: 1. The channel drawn from beginning of A to B end at C nearly 43943. 2. The projection of C==A is also falling at 43943. 3. today's move from bottom to mid of 1 is indicating wave 2 which is .618 of wave 1. The above point making possibility to be strong. We will review after price action of the morning. In our last analysis we were looking for the chart pattern H&S, but H&S not always are followed by wave patterns. Disclaimer : I am not a registered analyst with the Securities and Exchange Board of India (SEBI) or any other regulatory authority. The information provided here is for educational and informational purposes only and should not be considered as financial advice. Any investment decisions you make should be based on your own research and consultation with a qualified financial advisor. It is important to note that investing in securities involves risks, and past performance is not indicative of future results. I strongly recommend consulting with a licensed financial professional before making any investment decisions. I do not accept any liability for any loss or damage incurred as a result of reliance on the information provided in this communication. Always conduct your own due diligence and seek professional advice before making any investment decisions.
NSE:BANKNIFTY
by imkhushal
5
RIPPLE (XRP): Daily Chart | Technical AnalysisHi Traders! XRP Coin has not yet experienced the splendor like other Cryptocurrencies, and this is certainly one of the reasons why we are following Ripple, the second reason, and maybe the most important one, is attributable to the technical structure on the daily chart. A few weeks ago we published a potential bullish harmonic structure on the 8H chart (see chart below) which currently still remains valid. At the same time, we have been looking for potential support and resistance areas (0.51 and 0.72), so we cannot yet rule out a bearish consolidation in the near term, but if this happens it should be considered an opportunity to add long positions. As we have already said in the previous analysis, we have two bullish Targets, but certainly the 1.40 area should be reached in the medium term. From our point of view, the bullish reaction from the previous bottom is not impulsive, it looks much more like a corrective structure (ABC for example), so further updates will be necessary. That said, help us reach at least 50 Likes so we can feel free to post new updates as soon as possible below. In conclusion, the best strategy for Day Traders is very simple, buy, buy and... buy on depth! 🔴 HARMONIC STRUCTURE ANALYSIS: (Click on Chart below) Trade with care Like | Share | Comment
BINANCE:XRPUSDLong
by TheAnonymousBanker