Ending Diagonal

BankNifty's- Danger: Is this A Rising Wedge?– Time to Rethink Earlier in The Day - When Magical Level of 43350 Holds Ending diagonal Also known as an ending wedge, is a term used in the field of technical analysis to describe a specific chart pattern that signals the end of a trend or price movement. This pattern is characterized by converging trendlines that form a wedge shape and typically consists of five waves, with the third and fifth waves being smaller than the first and second waves. Rising wedges are bearish reversal patterns that ofte

Nasdaq 100- Double TOP!Attached: Nasdaq 100 Daily Live Price Chart as of 28th March 2023 Pretty Straightforward Chart: - Price rejects for the 2nd time at 0.382 Fib, this is a Double TOP Sell Signal - Elliot Wave Count shows Corrective Bounce complete in form of WXYXZ with C wave of Z being an Ending Expanding Diagonal - Price puts in a Higher High but RSI puts in a Lower High, aka Divergence Holding below the round figure level of 13000, the Nasdaq (NDQ) is a SHORT for a Downside Target= 11700 & below...

Elliott Wave - Ending Diagonal Slowly and surely we are in an ending diagonal till it disapproves itself. 19200 is assured it seems we will see after that whether it was an ED or 1-2-1-2-3 . Regards

BankNifty - Bears, Bulls & Bounce 500+ Points Short Video showing how ending diagonal was witnessed close to 41600 as suggested in last idea. Trade carefully & have a wonderful week ahead. Last Video Idea - Polarity Reversal at 41840

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Bank nifty uptrend comes to end.Here is my wave analysis on Bank Nifty at daily time frame, BN is about to complete it's 5 wave move to the upside, ending diagonal triangle formed at 5th wave is a sign of reversal. Time to be cautious.

by leichtsinnig8868

Bank Nifty : +500 to +900 Points Upside Potential 14 Nov 2022 2113hrs Bank Nifty Trading above the Previous ATH of 41840, now (14 Nov 2022, 21:00hrs) we can with a HH in price which is not supported by volume. We can clearly see a decline in volume and HH in price. Summary : Price and Volume – Divergence VP – POC around 41300 level Most Likely Bank Nifty is in an Ending Diagonal formation Ending Diagonal - Last wave(Volume Favours) Conclusion : What Not to DO - Short Selling Index at this level is not at all a good idea(CMP 42072). A clean

by DhirajSinghBais

Auropharma : B- Wave Havoc- 57% Fall...(Final Part)Short Video - How we maintained our bearish outlook in this stock since 5th Aug 2020. I am excited to see 57% drop from the highs of 1063 to 457 (recent low). Hope you enjoy the video & let me know your comments. Have a great day ahead.

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BankNifty:Five Elements Continued ...(Terminating Pattern)As suggested in the last idea post penultimate waves we usually see terminating pattern. So, Traders have to be careful at tops Index could push upside in opening session & while returning back if breaks 41668 level then it could confirm that it has topped out. Target 41051 Last Idea - BankNifty - Five Elements to Watch

DLF Short Elliot Wave Counts are evident in Chart: Rise from 23rd August is an ABC with C being an Ending diagonal, and on Friday there was a Clear Breakdown of the same. Downside Target open to 372 - 360 (Lower BB) Stop Loss > 410

Bank Nifty-Short Term (Double Top Resistance)- Sell Below 40545 From the last update- 40600 was the key level which halted the up move exactly & same level acted as resistance in opening session when index opened gap down. It travelled upside to 40605 close to 40600 resistance & dropped sharply down to 40378 -which is our critical level for upcoming sessions. Index has been choppy since the bottoms of 40280 & the waves looks corrective in nature. but we need price confirmation before taking any trades. Trading strategy Sell trade should be taken on

BankNifty - Possible Ending Diagonal Scenario with Twist Ending Diagonal with a twist. As identified support zone 39550-39600. Index post falling from 40073 highs slipped to 39759 first / did some sideways & fall continued below 39759 to very important support zone & day low in the zone as 39564 Holding in support zone we expect Index to push once again 40K + target zone where you have to be careful. ---------------Not a trading call -------Consult your financial advisor before trading----------------

BankNifty - Possible Ending Diagonal Scenario At the Tops-39900 Possible Ending Diagonal Scenario could be unfolding for Bank Nifty. Trend could change next. Get your clue from European markets Check the related idea published last week. Plan-B as mentioned in the idea. Not a trading call. Manage your risk properly. Thanks

GOLD Flat correction about to Complete! New High Awaits?Gold Wave 3 ended after Covid Rally at 2075$ then went in consolidation for long time. Wave 4 is in progress which is looking like Flat ABC correction which 3-3-5 waves pattern Wave B retraces 90% of A and then Wave C breaks low of A. Wave C is 5 wave impulse or diagonal structure Wave C in this case could be Ending Diagonal Pattern which is expected end between 1675-50$ After low near these levels one can wait for break of 1808$ to consider move beyond 2075$ If wave C goes beyond 1600$ mark t

by Niftydirection

EURCHF: ENDING DIAGONAL Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of the wave 1. Properties Of Diagonals: Diagonals can be contracting or expanding type being expanding diagonal a rare one. In contrac

by TradingSutra

BankNifty - Ending Diagonal in 39600-39800 (Sell)Rising wedges or Ending Diagonal ends the ongoing trend. This is not a call. Trade on your own risk please. Thank you

Bank Nifty - Will if follow in the footseps of HDFC?Let's get started with this beautiful Sunday Morning with an exciting idea on "Bank Nifty - Will if follow in the footseps of HDFC" By the end of this short video, you would realise that BankNifty could be unfolding similar structure once done for stock -HDFC in early 2021 / 2022. Hope, this long term idea attempts to answer our colleague's @punterpk unsettling questions. Thank you. Have a lovely day ahead. Thanks for watching.

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Crude Oil making Ending Diagonal in wave C of WXY Crude in WXY double zig zag correction. Currently wave C of Y in progress. All internal waves of C wave are overlapping one another that leaves only one pattern to be considered as "Ending Diagonal" or falling wedge Break of this pattern on upside would reverse price (at least temporarily as there is chance of Triple zig zag too) Looking at wave 5 of C we can say it could make one more low below 86.82 but if goes too deep 77.5 then CHART Invalid. Would wait for confirmation Above 95 to head

by Niftydirection

IRCTC: Case of ENDING DIAGONAL Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of the wave 1. Properties Of Diagonals: Diagonals can be contracting or expanding type being expanding diagonal a rare one. In contrac

by TradingSutra

CADJPY 4H ENDING DIAGONAL Under wave 5 of 5 of ending diagonal looking for 3 wave up to complete wave 5 price above wave 3 can go short with sl at invalidation

by GowthamUdhayakumar

USDJPY: A DIAGONAL Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of the wave 1. Properties Of Diagonals: Diagonals can be contracting or expanding type being expanding diagonal a rare one. In contrac

by TradingSutra

Tata Steel Short trade.In TATASTEEL ending diagonal has been formed at the end of Wave B, If there is downward breakout one can expect down move which is the start of wave C, if it didn't breaks the invalid level placed at 1386.7, then the marking are invalid.

TORRENT PHARMA: Its a DIAGONAL TRADING STRATEGY: Sell on rise keeping SL of 3230 and look for the target of 2530/2350 in coming weeks. Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of the wave 1. Properti

by TradingSutra

WaveTalks: Bank Nifty - Possible Ending Diagonal Setup at 35200 Ending Diagonal Setup can complete in 35150-35250 zone. Trading Strategy : Buy Buy in 35180-35225 zone if Index halts & takes support Stop Loss Below 35150 Target 35700 35950 36275 Note - Ending Diagonal Setup gets invalidated below 35150 levels & structure has to be reviewed later. Thanks for reading & Have a nice weekend.

WaveTalks-HDFC- Old Ways Leading to New Destinations-CCC Old Ways Leading to New Destinations ( New Results) - In this short video, we discussed old methods which could provide new results / new destinations. These Old ways / methods discussed are Channel / Trendline Chart Pattern - Head & Shoulder Correction ----------------------------------------------------------------------------------------------------------------------------------- HDFC Idea's Diary Published at TradingView in.tradingview.com

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