Industria Macchine Automatiche (IMAI - Italy) is in ABC wave pattern in 60 min time frame (or impulse wave 5th of C as shown in weekly). wave B is sharp and may be about to end soon. Wait for impulse up wave to confirm the C wave up move has started. C wave might be a 3rd wave of 5th major wave of C wave in weekly time frame, which will be known as chart...
Recordati (RECI - Italy) is in 4th wave correction of impulse sequence, which is 5th wave in weekly time frame. It is currently in c wave down of 4th wave. One more possibility also there, as ending diagonal 5th wave if price penetrates wave 1 within invalidation level. Watch it closely, how chart unfolds.
IT40 Index (FTSE MIB - Italy) is in WXY wave corrective up in 60 min time frame. As shown in chart wave W & X divided in ABC wave pattern, so Y will be complex wxy wave. The volume is increasing in Y wave up, which can easily drive it upward. In weekly time frame, it was in corrective ABC up and down wave as shown in chart. The last drop was C wave down, which...
Digital Bros (DIB - Italy) is in 3rd internal wave of 5th wave up. Currently price is in internal 3rd of 3rd wave up and huge relative volume confirm the move, one more high with indicator divergence will completes wave 3 of 5th wave up as shown in in chart. In weekly time frame its the 5th wave up, which is in 60 min under progress. It is also near all time high,...
Hitachi Ltd (6501 - Tokyo) is in Technology stock in Japan, which in WXY pattern in Weekly time frame from 2010 low and currently in Y wave up in ABC sequence. Price is in C wave up, which confirmed when it completes five wave sequence in smaller time frame say 60 min. In 30 min time frame it made A wave up followed by complex B wave. Now C wave up is in progress...
Meituan Dianping (3690 - HK) is a Retail stock from Services sector in Hong Kong, which is out-performing and at all time high. From the major bottom shown in Daily chart it made an impulse five wave up sequence, in which it is in it’s 5th wave up. In 30 min time frame, price is in 4th wave correction and sharp as alternating with wave 2nd was choppy. Today is its...
Bitcoin (BTC/USD) is correcting in WXY wave sequence. It has completed W wave down in ABC zigzag and currently in X wave up, in which it completed A and B wave as the part of zigzag correction. Now it is moving up in C wave of X wave, which probably equal or 1.62 times of A as shown by red lines. Let’s see how it works from here.
Mitsubishi UFJ Financial Group was in 4th wave triangle, which was over. It is in now 5th wave down which is only confirmed when triangle will broken down. This 5th wave is the part of C wave major down in daily time frame as ABC correction down. The better odd for this set up is that it’s under-performer to Nikkei index.
SojitzCorp (2768 - Tokyo) is 5th wave ending diagonal structure and progressing in overlapping wave sequence. It is better for pattern that it under-performed to Nikkei index.
DiaSorin spA ( DIAS - Italy) is 5th internal wave of 3rd wave with relative high volume, which confirm the strength of trend up with further extension unfolding on the go. It is at all time high and out-performing the market.
Sands China Ltd (1928 - HK) is in 3rd wave down of C down in Y wave as shown in chart. It is also under-performing the market.
Hang Seng Bank (0011 - HK) is in 3rd wave of 5th wave major down with huge volume, which is driving stock to furhter down to new low towards target as shown in chart.
Swire Pacific A ( 0019 - HK) is in 3rd of 5th wave down having huge volume, which is driving it towards new low as shown in chart.
Cipla Ltd (CIPLA - India) is in 5th wave of 1st wave of C up as shown in chart. After completing wave 1, wave 2 correction will be deeper.
ICICI Bank (ICICIbank- India) is 5th of 5th wave which will be three wave in nature as the part of ending diagonal structure, which will strong change in trend as indicator.
GBP/USD (GBPUSD) is now in 2nd wave correction, which is about to end anytime soon. 3rd wave will be the next wave up, which is powerful up move of C wave as shown in chart.
USD/CAD (USDCAD) has completed X wave in triangle. A wave in five wave sequence has completed and B wave in zigzag is in progress. The 4th wave of c of B wave is in progress.
EUR/USD (EURUSD) in complex wxy pattern of Y wave up. w wave was over and x wave is about to over with one more low as abc zigzag internal wave. Then y wave will be up as final sequence.