Elliottwaveretracement
LUNAUSDT | LUNA / USDT | Elliott Wave PatternWe might have here a perfect example of Elliott Wave Pattern.
It offers us 2 positions.
Firstly, a Short Position in order to take advantage of the corrective Wave D.
Secondly, a Long Position that might offers us some profit as well.
Nothing is sure; however, the Elliott Wave Pattern seems appear in this chart.
Bank Nifty Elliot wave analysis Hello Traders ,
As we know there was a correct ion going on in market form 22 Oct and still it is forming and making new low at very next time .
We can see a zigzag pattern is in making which is subdivided into 5,3,5 as ABC wave pattern .
Now BNF is making 4rth sub wave of wave 5th and it's making a triangle pattern where wave E is in making process . Once wave E will complete we will be vitness of long down move .
AMZN Paths to 4K. The Three What IfsAMZN has been stuck in this choppy price action for quite sometime now, and I know we are all looking forward to that pop to $4000. Let me guide your eyes as I show you my perspective in three different scenarios which are color-coded in green, white, and red. Anything is possible with the market, so keep an open mind. This is just for education purpose only. You are responsible for whatever action you take based on this.
Nas100 #Elliot_wave_analysis notice on the chart. price has completed the 5 impulsive move and is making a zigzag of ABC.price is currently on a zigzag formation of an ABC chart pattern . Wave A, and be are already in place, we wait to see price end wave C at the 50% retracement level of the trend to continue upward move.. thank you and trade cautiously.
GBP/NZD ShortWe expect this to be the trade of the week as well as NZD/CAD. Our fundamental bias on this pair is tilted to the upside. we expect NZD strength due to the interest rate hike circle they are on. Market is expecting the RBNZ to raise rates tomorrow and our bias is negative for GBP since we expect the BOE to disappoint the market and leave rates unchanged.