Hi all, this analysis would be based on Elliott wave and neowave concept.
At 1 day time frame you will see market making terminal pattern (Expanding diagonal)- this also know as expanding wedge which has 5 waves unfolding, each wave further unfold in 3 sub waves.
long target for 5th to complete is 73500
Short trade setup ideas
when you zoom into 15 min chart market is making impulse move (impulse moves are nothing but imbalances where buyers are aggressive, and they ride the market.)
Short buy trade setup
buy side:- 61666
Stop loss would be 2 ATR.
1) Target:- 63957
2) targte:- 6447
At 1 day time frame you will see market making terminal pattern (Expanding diagonal)- this also know as expanding wedge which has 5 waves unfolding, each wave further unfold in 3 sub waves.
long target for 5th to complete is 73500
Short trade setup ideas
when you zoom into 15 min chart market is making impulse move (impulse moves are nothing but imbalances where buyers are aggressive, and they ride the market.)
Short buy trade setup
buy side:- 61666
Stop loss would be 2 ATR.
1) Target:- 63957
2) targte:- 6447
交易开始
Can again reenter in long position this was accumulation zone and can see market has retraced in between 38.2-61.8 it has come to 50% as Strong buyer was building their position now market will take fly to uptrend . uptrend target still pending to complete.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。