Gold complete its 5 wave cycle on 28 dec 2023.
And it complete a zigzag correction from 28Dec 2023 to 17jan 2024 and after that it didn’t cross the high of 5th wave so it developing in a complex correct and forming a X wave and now continues in a another zigzag correction .
So gold can retrace upto 1970-1950.
if you see DXY chart that also supporting my view
Google start it impulsive wave from 13 Mar 2023 and complete a five wave on 16 oct 2023.
After that it form a flat correction with extended B wave . So the C wave should be end above the low of A wave .
Now you can long Google with 121$ in medium term 4-5 month for target 200$
Nifty is going to breakout the ascending triangle pattern that it started on 16 jan 2024 .
And after the ascending triangle pattern the target will be around the length of the widest sub wave . So here A wave is the widest one .
Target will be near to 23000
DXY rising in a corrective pattern as it is not able to retrace its previous downward wave in the less time it took to form .
Its complete its A& B wave and now it continue in its C wave.
Also from time analysis it will take minimum 7-10 days to complete its C wave .
So buy on every dips with stoploss end of B wave .
Nasdaq continue its bull run in the from of a impulsive wave .
Now currently we are in 5th wave .
So be stock specific in nasdaq
Tesla , apple have good risk to reward ratio .
I also share the view of tesla
Check it out .
Tesla complete a flat corrective pattern (ABC) that is start from 19july2023 and complete on 6feb 2024 that almost 140 days . Near to fibonacci number 144 .
So keep the stoploss near to end to C wave and buy of every dip.
AAPL complete its 1 hr cycle of 5 wave and now its in correction of that 1 hr cycle .
It complete a ABC flat pattern on 2nd feb 2024 .
But from time prospective it can rise in a X wave pattern and can form a complex correction.
So do not aggressively Buy /Sell wait some time to unfold the market.
EURUSD is forming a flat correction.
It complete its B wave and now it continues in its C wave
So with a stop loss of 1.09
We can short sell EURUSD for target of 1.05
Bitcoin start its corrective rise from Nov 2022 and it form its A wave on 12 April 2023 and its form its B wave on 22 September 2023 .
Now Bitcoin is rising in its C wave and C wave has same characteristic as a impulsive wave .
It moves in 1,2 ,3,4,5
So if you want to trader BTC
apply Buy On dips strategies with a stop loss end of 4th wave .
BHARTI AIRTEL started its new impulse wave in Nov 2018.
And complete its 1 wave in 28may 2020.
2nd wave on 12oct 2020
3rd wave on 23 nov 2021
4th wave on 15 july 2022
Now its in 5th wave.
When we closely watch the 5th wave it will be a extented wave and it complete its 2 sub ordinate wave and continue in its 3rd wave if the price give any confirmation we can short...
Ultratech Cement started its new impulse from 20 June 2022 and its complete its 4th wave 26 oct 2023 .
Now its in 5th wave in daily time frame.
When we check 5th wave in
1 hour it complete its 2 wave and now it near to end of 3rd wave so it will continue its 4th wave in 1 hr time frame that near to 9000- 8950.
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Titan started its new impulse wave in 1 july 2022 and it complete its 5 wave structure on 4th Dec 2023.
If we check its 5th wave from 30 Oct 2023 , we can see a clear 5wave structure in 1 hour time frame .
In the 5th wave the largest subordinate wave is wave 1 , so the correction can retrace upto the level of wave 2nd that is 3260- 3250.
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