Discover and read the best of Twitter Threads about #ElliottWave
Most recents (24)
1/ 🚀 $ICX Technical Analysis: Bullish Wave Count in play. ICX could be starting a new uptrend as price didn't reach the previous all-time low.
Details. Follow. Thread. Now.🙃👇
#ICX #Crypto #TechnicalAnalysis #altcoins
Details. Follow. Thread. Now.🙃👇
#ICX #Crypto #TechnicalAnalysis #altcoins
2/ 🌊 Wave analysis: My primary count suggests we're currently in blue wave 5 of black wave 3. This could mean we're in for more upside in the short term. #ICX #Crypto #ElliottWave
Se viene la semana decisiva, fuerte volatilidad, el verdadero Halloween 🎃 de los mercados financieros, sangre y lágrimas, caídas a mínimos históricos. Proyecciones #SP500 #Bitcoin #DXY #Elliottwave
The Elliott Wave Principle’s emotional cycles, aka mental states (actually traps), explained wave by wave.
A must read thread 🧵 below 👇
#elliottwave #tradingpsychology #TRADINGTIPS
#SPX #SPX500 $SPX #StockMarket #tradingadvice #tradingbias
#NASDAQ #NASDAQ100 #NDX
A must read thread 🧵 below 👇
#elliottwave #tradingpsychology #TRADINGTIPS
#SPX #SPX500 $SPX #StockMarket #tradingadvice #tradingbias
#NASDAQ #NASDAQ100 #NDX
/1 First the Bull market’s psychological cycle: W-1 to 5.
W-1 : disbelief (It’s just another Bear market rally, don’t buy it! Wait for better days.)
I dare to say that #Nifty50 and #BankNifty have seeen their temporary bottoms (end of Wave 4) and will kick off Wave 5 from tomorrow (28.09.22).
Trade set-up:
Initiate long
Current/Targets (minimum)/SL/RRR:
Nifty: 17007/18035/16710/1:3
BankNifty: 38359/41436/37250/1:3
Trade set-up:
Initiate long
Current/Targets (minimum)/SL/RRR:
Nifty: 17007/18035/16710/1:3
BankNifty: 38359/41436/37250/1:3
#Nifty50
This is what we are looking at:
Wave 4 -> Subwave C -> Subwave 5 -> Subwave 5
End of corrective 4th wave (bearish) is very very near. Anything near and below 16825 is strong buy, with a SL of 16700.
This is what we are looking at:
Wave 4 -> Subwave C -> Subwave 5 -> Subwave 5
End of corrective 4th wave (bearish) is very very near. Anything near and below 16825 is strong buy, with a SL of 16700.
So #Nifty50 did touch 16820 just before close. Most probably we will not see this level again for a very long time from now.
Don't worry in case you have missed to initiate the long position today. You can initiate the same around 17000 tomorrow for a target of 18000.
Don't worry in case you have missed to initiate the long position today. You can initiate the same around 17000 tomorrow for a target of 18000.
Below 16977, Wave 5 can be considered as completed as it can be subjected to failure.
Ideally it should reach 16713 but it may or may not.
#Nifty50 touched 16942 and is currently at 17014. Expect reversal at point of time now.
#Nifty
#StockMarketIndia
#StockMarket
#Trading
Ideally it should reach 16713 but it may or may not.
#Nifty50 touched 16942 and is currently at 17014. Expect reversal at point of time now.
#Nifty
#StockMarketIndia
#StockMarket
#Trading
As long as #Nifty50 fails to close above 17180 on hourly candle, we are still into subwave (c) of wave 4 and we stand a chance of seeing 16711.
On the other hand, close above 17180 on hourly basis will take it to 17383-17655 as a part of subwave (1) of next impulse wave 5.
On the other hand, close above 17180 on hourly basis will take it to 17383-17655 as a part of subwave (1) of next impulse wave 5.
Expanding the wave 4 in above tweet gives a clear indication about it being an expanded flat wave, where mostly wave E does not touch the trendline and the original trend (downwards in case of #Nifty50) continues.
16711 (or atleast below 16942) is probably on the cards.
16711 (or atleast below 16942) is probably on the cards.
Thread (Long ⚠️):
Simple explanation about #ElliottWave principles and targets for each wave.
Also, analysis of major indices #SPX, #DowJones, #Nasdaq, #SGXNifty, #Nifty50 and #BankNifty.
[1/n]
Simple explanation about #ElliottWave principles and targets for each wave.
Also, analysis of major indices #SPX, #DowJones, #Nasdaq, #SGXNifty, #Nifty50 and #BankNifty.
[1/n]
#ElliottWave
The prices move in impulse phase followed by corrective phase.
Impulse phase has total 5 waves - 1,2,3,4,5 - out of which 1,3,5 move in the direction of trend and 2,4 move in counter direction of trend.
Wave 2 corrects Wave 1.
Wave 4 corrects Wave 3.
[2/n]
The prices move in impulse phase followed by corrective phase.
Impulse phase has total 5 waves - 1,2,3,4,5 - out of which 1,3,5 move in the direction of trend and 2,4 move in counter direction of trend.
Wave 2 corrects Wave 1.
Wave 4 corrects Wave 3.
[2/n]
🧵Where is #Bitcoin going ?
There are 𝗼𝗻𝗹𝘆 a few possible 𝗽𝗮𝘁𝗵𝘀
🧊Let's get it 𝐜𝐥𝐞𝐚𝐫 👇
1/5
#BTC #Crypto #Elliottwave
There are 𝗼𝗻𝗹𝘆 a few possible 𝗽𝗮𝘁𝗵𝘀
🧊Let's get it 𝐜𝐥𝐞𝐚𝐫 👇
1/5
#BTC #Crypto #Elliottwave
🅱🆄🅻🅻🅸🆂🅷 scenario
Until invalidation (13,800$)
👉This remain 𝘃𝗲𝗿𝘆 𝗽𝗼𝘀𝘀𝗶𝗯𝗹𝗲
We finished or are finishing 𝘄𝗮𝘃𝗲 𝟰 of the 𝗺𝗮𝗰𝗿𝗼 𝟱𝘁𝗵
2/5
Until invalidation (13,800$)
👉This remain 𝘃𝗲𝗿𝘆 𝗽𝗼𝘀𝘀𝗶𝗯𝗹𝗲
We finished or are finishing 𝘄𝗮𝘃𝗲 𝟰 of the 𝗺𝗮𝗰𝗿𝗼 𝟱𝘁𝗵
2/5
🅛🅔🅢🅢 🅑🅤🅛🅛🅘🅢🅗
Ending diagonal formation
Low of wave (2) is to be found yet
potentially around 12k, but could be lower
Lot of sense in this idea, as it lead to contracting PA and value for the end of macro cycle in a maturing asset.
3/5
Ending diagonal formation
Low of wave (2) is to be found yet
potentially around 12k, but could be lower
Lot of sense in this idea, as it lead to contracting PA and value for the end of macro cycle in a maturing asset.
3/5
1/n
Una de las teorías para describir el movimiento del PRECIO es la Teoría de las Ondas de Elliott 🤯
Por eso en este nuevo 🧵 te contamos más detalles que debes tener en cuenta como trader e inversor a la hora de hacer tu análisis
#EducacionFinanciera #trading #ElliottWave
Una de las teorías para describir el movimiento del PRECIO es la Teoría de las Ondas de Elliott 🤯
Por eso en este nuevo 🧵 te contamos más detalles que debes tener en cuenta como trader e inversor a la hora de hacer tu análisis
#EducacionFinanciera #trading #ElliottWave
2/n
¿Quién fue Ralph Nelson Elliott? (1871-1948)
Economista estadounidense que durante los años 30 (gran depresión americana) desarrolló una teoría luego de estudiar 75 años de gráficos en diferentes temporalidades 📊
¿Quién fue Ralph Nelson Elliott? (1871-1948)
Economista estadounidense que durante los años 30 (gran depresión americana) desarrolló una teoría luego de estudiar 75 años de gráficos en diferentes temporalidades 📊
3/n
En esta teoría, que hace parte del análisis técnico, Elliott observó que el movimiento del precio en el mercado, tiene patrones de ondas repetitivos.
Como dato adicional, consideraba que estas ondas reflejaban la psicología de la masa de inversores 🧠
#ElliottWave 📈📉
En esta teoría, que hace parte del análisis técnico, Elliott observó que el movimiento del precio en el mercado, tiene patrones de ondas repetitivos.
Como dato adicional, consideraba que estas ondas reflejaban la psicología de la masa de inversores 🧠
#ElliottWave 📈📉
Good work done by @SumaneyaR, publishing his contribution to #elliottwave
This is the educational post regarding the types of diagonal patterns-
SUMMARY:
LEADING DIAGONAL
ENDING DIAGONAL
This is the educational post regarding the types of diagonal patterns-
SUMMARY:
LEADING DIAGONAL
ENDING DIAGONAL
LEADING DIAGONAL
Always form in the inner wave of wave (1), so one can expect waves (2,3,4 & 5) within the main impulse wave to complete the pattern.
PATTERN:
1- Comprises of (5-3-5-3-5 (inner waves)) or (3-3-3-3-3) (inner waves)
Always form in the inner wave of wave (1), so one can expect waves (2,3,4 & 5) within the main impulse wave to complete the pattern.
PATTERN:
1- Comprises of (5-3-5-3-5 (inner waves)) or (3-3-3-3-3) (inner waves)
2- wave (4) always overlaps wave (1), but can't go beyond the origin of wave (1)
3- wave (3) > wave (1) & wave (5) could be >than wave(1)
4- wave (3) max projection 161.8% (fib ratio) and it can't be the shortest wave among all waves
5- wave (5) can't truncate
3- wave (3) > wave (1) & wave (5) could be >than wave(1)
4- wave (3) max projection 161.8% (fib ratio) and it can't be the shortest wave among all waves
5- wave (5) can't truncate
Ayer un integrante de la comunidad me dijo... Estoy estudiando #Elliottwave y estoy perdido, no se por dónde empezar...
Bueno, vamos con una idea de cómo encarar el tema, sea leyendo un libro, viendo mis listas gratuitas, o mi curso. Aplica en mi humilde opinión en todos los>>
Bueno, vamos con una idea de cómo encarar el tema, sea leyendo un libro, viendo mis listas gratuitas, o mi curso. Aplica en mi humilde opinión en todos los>>
casos.
1. Es fundamental primero estudiar toda la teoría, inevitablemente se requiere conocer todo lo que es las ondas de Elliott, especialmente sus reglas, sus guías, sus estructuras de movimiento, correctivas e impulsivas. No puede haber dudas en el conocimiento de la teoría>>
1. Es fundamental primero estudiar toda la teoría, inevitablemente se requiere conocer todo lo que es las ondas de Elliott, especialmente sus reglas, sus guías, sus estructuras de movimiento, correctivas e impulsivas. No puede haber dudas en el conocimiento de la teoría>>
2. Una vez que estudiaste la teoría, y está está clara y aprendida, se debe tener en claro las reglas a cumplir. Con eso se da comienzo a la práctica, en este punto está la diferencia, es importante saber que el tiempo de práctica debe ser diez veces más que el tiempo dedicado>>
Para dar un cierre a la semana, y motivar a aquellos que aun no se animan a arrancar con #Elliottwave , utilizando como fuente este libro gratuito, comparto un hilo con puntos interesantes (Fuente bit.ly/2CrgFpP). Arrancamos...
Principio básico: El Principio de la Onda está regido por la naturaleza social del hombre, y como tiene tal naturaleza, su expresión genera formas. Como las formas son repetitivas, tienen valor predictivo. A veces, el mercado parece reflejar condiciones y eventos externos, pero
otras veces está completamente separado de lo que la mayoría de la gente supone que son condiciones causales. La razón es que el mercado tiene una ley propia. No es impulsado por la causalidad externa a la que uno se acostumbra en las experiencias cotidianas de la vida. La
Si estudias, no dejes nada de esto afuera, utiliza el hilo como guia... Cada imagen es el punto de partida para mucha mas información, en la cual debes profundizar mucho mas!!!
#ElliottWave #OndasElliott
Patron Básico
#ElliottWave #OndasElliott
Patron Básico
Since a lot of people seem to not know about it, this is my
#Elliottwave COMPLETE CHANNELING GUIDE:
Let's start with the basic Base Channel
[1/6]
#Elliottwave COMPLETE CHANNELING GUIDE:
Let's start with the basic Base Channel
[1/6]
Wave 4 Channel
[2/6]
[2/6]
Wave 5 ENDING CHANNEL
[3/6]
[3/6]
Rápida explicación de ABC plano (Resumen) #Elliottwave:
Una corrección ABC plano se subdivide en 3-3-5 cuya onda B retrocede mínimo hasta el 78% de A dado que hereda la debilidad de la misma por no poder despelgarse en 5 ondas. De allí se desprenden 3 tipos a saber: 1/6
Una corrección ABC plano se subdivide en 3-3-5 cuya onda B retrocede mínimo hasta el 78% de A dado que hereda la debilidad de la misma por no poder despelgarse en 5 ondas. De allí se desprenden 3 tipos a saber: 1/6
1) Plana Regular (o normal): Simplemente B retrocede hasta el máximo de A y C es igual a ésta última: 2/6
2) Irregulares, las cuales se dividen en dos tipos:
A) Irregular Tipo 1: Tanto B y C se expanden por encima y por debajo de A respectivamente: 3/6
A) Irregular Tipo 1: Tanto B y C se expanden por encima y por debajo de A respectivamente: 3/6
#Banknifty
Only with #Elliottwave & #Retracement strategy
You got 1st trade @ 36191 @ open for 36425
You got 2nd trade @ 36267-36298 for 36400 so far
Only with #Elliottwave & #Retracement strategy
You got 1st trade @ 36191 @ open for 36425
You got 2nd trade @ 36267-36298 for 36400 so far
How the grind to unfold... #Banknifty
#Bhartiartl
Held "722", making a low of 724.45, yet to claer ATH.
Now, Holding "730", it could do today !!
Held "722", making a low of 724.45, yet to claer ATH.
Now, Holding "730", it could do today !!
#Bhartiartl
Now, Holding "735", more to come today !!
Making a low of "736"
Strict SL..
#Elliottwave
Now, Holding "735", more to come today !!
Making a low of "736"
Strict SL..
#Elliottwave
#Hdfclife "Only for a Trending chart"
Draw key pivot points using 1 min. chart
Use these points to make "Intraday trades in ATM CE"
Draw key pivot points using 1 min. chart
Use these points to make "Intraday trades in ATM CE"
#Nifty
FOR BULLS:-
The only retrace that matters now is of "18061 - 17798" - @ 17930-17961 above which chances of big rally to 18350-450 is likely & may be more too..
Holding 17825-860 is very critical
FOR BEARS:-
Break below 17825-860 & remaining below 17950 then on
FOR BULLS:-
The only retrace that matters now is of "18061 - 17798" - @ 17930-17961 above which chances of big rally to 18350-450 is likely & may be more too..
Holding 17825-860 is very critical
FOR BEARS:-
Break below 17825-860 & remaining below 17950 then on
#Nifty
+ve divergence in 5 & 15 min. t/f has produced a rally.
How this handles the gap zone of "17967-996" would give us clues for underlying strength/ weakness.
Always follow "Last rise or Fall retrace" to manage your trades.
#Retracementstrategy
+ve divergence in 5 & 15 min. t/f has produced a rally.
How this handles the gap zone of "17967-996" would give us clues for underlying strength/ weakness.
Always follow "Last rise or Fall retrace" to manage your trades.
#Retracementstrategy
#Nifty
Key Retrace of last rise from 17798 to 18001 is
"17876 - 17900"
#Retracementstrategy
As long as this Holds, higher levels coming.
Remember this condition.
Key Retrace of last rise from 17798 to 18001 is
"17876 - 17900"
#Retracementstrategy
As long as this Holds, higher levels coming.
Remember this condition.
Today in the news, charts and everything stock market-related.
Make sure to like this post so you get updated throughout the day and retweet it if you feel your followers would benefit.
🧵👇♥️🐶
Make sure to like this post so you get updated throughout the day and retweet it if you feel your followers would benefit.
🧵👇♥️🐶
$BKNG Argus Research Upgrades Booking Holdings to Buy, Announces $3060 Price Target
$GE Deutsche Bank Upgrades General Electric to Buy, Raises Price Target to $131
A simple beginning in this long journey.🙏
Let us choose the most simplest & most effective of all tools - #Elliottwave
IF the name sounds complex & alien to you, let us call it just #Wave - Why ?
In the market, Prices never flow like a river but unfold like waves.. yes., waves
Let us choose the most simplest & most effective of all tools - #Elliottwave
IF the name sounds complex & alien to you, let us call it just #Wave - Why ?
In the market, Prices never flow like a river but unfold like waves.. yes., waves
#Waves advance, then retrace and with each advance & retraces, they gather strength & thus the subsequent advances grow in strength & intensity until they blow themselves up. Then, they go into a quiet mode.
This is Nature's Law; Crowd behaviour and we deal with just that.
This is Nature's Law; Crowd behaviour and we deal with just that.
What this Nature's Law states is that the advances & declines follow "Fibonacci sequences"
1, (1+1)2, (2+1)3, (3+2)5, (5+3)8, (8+5)13, (13+8)21 & so on...
It has been observed by Ralph.N.Elliott (1939) that these advances move in 5 waves followed by a 3 wave decline - 12345 & abc
1, (1+1)2, (2+1)3, (3+2)5, (5+3)8, (8+5)13, (13+8)21 & so on...
It has been observed by Ralph.N.Elliott (1939) that these advances move in 5 waves followed by a 3 wave decline - 12345 & abc
#Banknifty
Aggressively holding 39950-965,
Conservatively holding 39875-900,
Likely to head to 40180 & 40400+
Aggressively holding 39950-965,
Conservatively holding 39875-900,
Likely to head to 40180 & 40400+
#Elliottwave
lets you spot LRHR entries
does target calculations
Allows you to book/ partbook at appropriate levels.
You won't get euphoric at highs but book
You won't fear panics at lows but enter (in Uptrend)
Simple trades
lets you spot LRHR entries
does target calculations
Allows you to book/ partbook at appropriate levels.
You won't get euphoric at highs but book
You won't fear panics at lows but enter (in Uptrend)
Simple trades
#Banknifty Break of 40080 compelled us to change the ST labels.
Now, Holding 39950 is critical as well as move past 40080 for new highs for the day.
Now, Holding 39950 is critical as well as move past 40080 for new highs for the day.
Most are correcting yesterday's low to today's opening high.
Keep the retrace handy
38%-50% retrace is bullish
61.8% is average strength
Anything beyond it, reject it and reconsider only if the high is surpassed
For Eg: Nifty holding "17855-892" is bullish
Break of 17817, reject
Keep the retrace handy
38%-50% retrace is bullish
61.8% is average strength
Anything beyond it, reject it and reconsider only if the high is surpassed
For Eg: Nifty holding "17855-892" is bullish
Break of 17817, reject
#Reliance has done exactly 61.8% retrace of 2494 to 2556 @ 2518
Today's low 2518.
Below this, wouldn't consider it.
IF breaks 2518, consider it only above 2545 or 2556
Today's low 2518.
Below this, wouldn't consider it.
IF breaks 2518, consider it only above 2545 or 2556
#sbin
Rose from 501 to 522
It's retrace is @ 511.50 -514, a bullish possibility.
Made a low of 513.60 so far.
Below 509, reject it.
And, consider it only if moves above 522.
Rose from 501 to 522
It's retrace is @ 511.50 -514, a bullish possibility.
Made a low of 513.60 so far.
Below 509, reject it.
And, consider it only if moves above 522.
In this modern era, there is plenty of avenues to learn new studies, youtube being one of them
And, @vivbajaj 's initiatives in this area tops it all.
You choose which study to focus so that you can exploit reasonable sum from the market regularly.
But, first, you must spend TIME
And, @vivbajaj 's initiatives in this area tops it all.
You choose which study to focus so that you can exploit reasonable sum from the market regularly.
But, first, you must spend TIME
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10.youtube.com/c/VivekBajaj
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Resolve, committ by allocating time every day & every week to learn for a reasonable time while simultaneously test driving in the market to see & verify how your learning could be applied in the market.
After a reasonable amount of time, Take your Baby step in to the market
After a reasonable amount of time, Take your Baby step in to the market
The basic rules of Elliott Wave Theory ARE NOT hard to learn.
However, like anything it does take time.
Within this thread I will cover the basic rules of Elliott Wave Analysis.📖
However, like anything it does take time.
Within this thread I will cover the basic rules of Elliott Wave Analysis.📖
Back in the 1930's, Ralph Nelson Elliott developed EWT to describe recognizable patterns within movement in price.
Elliott identified that price tends to move in recurring "wave" patterns.
These waves can be identified in stock price movements and in consumer behavior.
Elliott identified that price tends to move in recurring "wave" patterns.
These waves can be identified in stock price movements and in consumer behavior.
The Complete Cycle:
The recognizable pattern that Elliott had identified was that price cycles move in a total of eight waves.
This cycle is broken down into two separate phases:
1. The five-wave motive phase
2. The three-wave corrective phase
Let me explain these phases...
The recognizable pattern that Elliott had identified was that price cycles move in a total of eight waves.
This cycle is broken down into two separate phases:
1. The five-wave motive phase
2. The three-wave corrective phase
Let me explain these phases...
