True Wave Scanner

5 waves followed by retracement to a key Fibonacci level is the ultimate recipe for catching ballistic moves. Get setups like these (all are last 30 days setups from #SPX 500 universe) daily in your inbox with True Wave Scanner scanner.elliottwavestrading.com #Elliottwave #tradesetup

@cadalukaanubhav Doji is a sign of indecision, not reversal. It could result in either continuation or reversal.

Week ended with two high volume. Doji candle Doji is a sign of reversal 🤞🏻

#Nifty500 % of stocks above their 200 DMA market breadth almost oversold. Could be a good place for recovery to start. Having said that, market breadth could remain oversold for sometime as you can see in chart below. Do not jump the gun! #Charts

#SPX500, 200 DMA and History.

Too much hype around fancy trading terminals. They probably make you feel good with so much activity on your screen, but do they help making you profitable? At the end of day a simple chart with price and volume is all you need, maybe with some good old indicators. #justsaying

It might. But what if 4th isn't yet complete and the move evolving is ABC or WXY in 4th where C/Y down is still in progress. On the plus side, as long as 4th low marked in chart is holding, upside from here is possible.

@mainbhiengineer And then there is this guy who is implying Raghav Chadha is doing this to join BJP 🤨 x.com/WeekendInvestn…

It's strange how Raghav Chadha is able to find issues relevant to common public to raise in Parliament - Joint income tax filing for married couples - Telecom companies unfair practice - Double taxation at toll plaza - Banks Charging penalty for low balance - Unfair copyright strike for content creators - Food adulteration While BJP MPs are busy calculating number of times Rahul Gandhi trip to Thailand.

#Nifty500 It's tempting to think markets are on a road to recovery. But when you look at market breadth (% of stocks above their 200 DMA), you know it is yet to be oversold.

@TheBitcoinGirl_ @blinkbtc @zebpay Awesome. Great going 👍👍

@YetAnotherSE I don’t believe in just talks, these luncheons are meant to make these ladies experience Bitcoin. I sent them Sats over lightning using @blinkbtc and they bought their first Sats on @zebpay. So, to answer your question, all of these ladies own Bitcoin! 🧡

I wonder how many Bitcoins, if any, are owned by any of them 🤔

@TheBitcoinGirl_ Since this was a bitcoin get-together, I was simply wondering if any of them really owned bitcoins.

@YetAnotherSE As in?

Poor market breadth across the board looks gloomy, but this is the time when the strongest stocks reveal themselves and lead in the next bull run. Track market breadth and find the strongest stocks using relative strength, momentum or both - scanner.elliottwavestrading.com

How to pick the best setups to trade using True Wave Scanner? 1. Use Elliott Wave scanner with RS aligned filter to pick high probability trade setups in either side (long or short) across multiple timeframes (15m, 1H, 1D, 1W) 2. Use Liquidity Sweep scanner with RS aligned filter to find high probability ready to trade setups. 3. Use market breadth to determine direction (up or down). Use sector analysis to find the best or worst performing sectors depending on direction. Drill down to best/worst performing industries in that sector. Trade the best/worst performing stocks in direction on pullbacks. 4. Use MTF (multi-timeframe) RS to find the best/worst performing stocks and trade as per market breadth direction. 5. Use RS + Momentum screener to view the best performing stocks by Relative Strength and Momentum. Filter by timeframe as per your trading style (intraday/swing/positional). Don't have a free account yet? Signup here - scanner.elliottwavestrading.com

There we go

#BTCUSD Looking bullish in 4H. Cup and handle, VCP, HTF or whatever you want to call it,

@sabeer Sadly, in India, "educated" is equivalent to literates. Education here is only meant for getting a job, not for opening the mind and learning how to think independently.

How is it possible that even educated people believe there’s nothing wrong with the “great leader” claiming you can generate energy from gutter gas? Education without critical thinking is just memorization. 🤔

@FranVezz For every 1 stock that follows 10 WMA, you'll find two which do not. William O' Neil's genius wasn't in following 10 WMA but in picking the right stocks.

William O' Neil was a genius. It's incredible how stocks can just ride their 10-week moving averages.

#NIFTY500 market breadth deteriorating fast and close to getting oversold. You know what happens when it gets oversold.

@nishkumar1977 @elliott_trader1 Short term market breadth is oversold so a bounce is likely but longer term (%of stocks above 200 DMA) is far from oversold and deteriorating so downside likely to resume after bounce, if it happens.

@elliott_trader1 A bounce is needed. We are too oversold.

So many divergence, bounce selling off, weekly candle closing at days low! Nifty at 0.618. Any views sir @nishkumar1977 Is it done?