Bill Williams Indicators
GOLD intermediate trendGold took resistance @1585 levels and corrected 4th wave, Now I am looking any good buy signal to enter long. I am expecting from this levels GOLD may go up.
CRUDE OILToday crude oil broken its support zone with GAP. May try to fill the GAP. as of now Crude oil is in NO TRADE ZONE. if it retrace and then showing weakness then we will take short position.
GOLDGOLD reached its resistance zone. we need to watch closely from here. if it takes U turn from this levels, then we get on selling opportunity. Above 1615 levels, Elliotwave count nuggets and will start pushing market higher high.
BTCUSD Heading towards second TargetBTCUSD heading towards its 2nd Target. BTC is long and hold long till it gives sell signal.
crude long termCrude long term is in bearish swing. It is performing B-C swing. B-C is a impulsive downside movement swing.
GOLD short term@ 1585 levels, we can look for selling opportunity. if Gold breaks 1585 move further to cross 1615 levels will start new wave count and will move further.
BTCUSDBTCUSD , its 3rd Wave is running As earlier indicated my 1st target is 8000 and 2nd Target is 7700.
BTCUSDToday I just reversed my position at current levels. I booked a loss of 250 points. Now I am short and my target is around 8000 levels.
IBULHSGFIN3RD Wave is under progress. Gap down will confirms its 3rd wave journey towards 176 levels.
BTCUSDMarket holds long above 8910. if it fails to cross 8910 and takes resistance then 5th confirms.
This will end upside movement in this swing and will start moving downside.
BNB / USDT Long set upIt looks like BNB is preparing for the launch
The reasons for that are the following:
1) We have completed the 5 waves downward channel in the past six months.
2) We are currently trying to break above this downward channel.
3) We have a divergence on the 5th wave between the AO and the price.
4) we broke above the alligator and the AO indicator became positive.
The only thing that we are missing is an increase in volume and this is a very important factor for the growth of the asset.
Strategy:
On the daily chart, the buy fractal was formed at a price of $15.32. The break of this fractal would be the entry point
The stop loss is the sell fractal which is currently at $12.98. Potential take profit is around $21.38 but before the profit can be reached we have to pass through a resistance cloud.
PS: this is a long term trading plan, can take around 3 months.
BANKNIFTYPresently performing B-C wave, which is implosive long 5 waves. Expected Target 29500 levels.
IBULHSGFIN Indiabulls housing finance, looking bearish. Generally 3rd wave confirm with GAP. In this case, Monday, if IBULHSGFIN opens with GAP down, which confirms going downside with target of 176 levels.
XRP Possibly Reversing TrendXRP is steadily rising within the upward channel constricting the price. The price will likely fall from ~$.225USD to ~$.215USD before continuing on this upwards trend. That is only possible if the most recent green fractal is not followed by two consecutive, lower green fractals. In order to remain bullish one of the next two fractals needs to form at or above the last one, marked with a red ellipse.
The price action over the next 5-8 days will show where the price is heading and it would be smart to hedge your positions. I would suggest stop losses, and buy orders, to be placed in the red in case the price breaks the lower bound of the channel and a bearish fractal pattern forms.
The Awesome Oscillator, AO, seems to be forming along with the bullish trend pattern so likely one of the next two fractals will cancel out the possibility of a bearish trend reversal.
