johnmad

johnmad Updated 

Here we have several #GEO Waves /Wolfe Waves within one possible big Wave ending at aproximately120.0 area . All my analysis are indicated on the Chart as to possibility's and invalidation . Scale down to a lower time frame to get the best possible entry. This is also posted for Educational purposes and a trading call. Trade what you see. Fore better educational...

johnmad Updated 

I am looking at past and present Price action with specific Geometry and Wave Analysis . 1. Being a Wolfe Wave/Ending Diagonal or a Complex Wave 2. Price having a Breakout of Trend 3. Corrections When we look left we will see a previous Wave observation being either a Wolfe Wave /Geometry Wave /Ending Diagonal Now we can either see the same kind of behavior or...

johnmad

Another very nice set up and possibility's . Good Risk Reward

johnmad

Geo Wave

johnmad

Trend Lines and Fibs indicated a possible Correction but the Trend is not over yet , expect Price to Hit 2260.00 Area in the future.

johnmad

Price has hit the bottom of this Channel watch the lower time frame for a Correction .

johnmad

Two Classic Wolfe Waves in Opposite direction with potential good rewards .

johnmad

Geo Wave with an extended 5' the 3 to 5' is a parallel line to 2 to 4 My point of interest is always Point 4 for a Correction .

johnmad

Wolfe Wave complete . Correction is possible

johnmad

Completion of Wolfe Wave . Bullish Divergence Bullish Convergence Now hidden Bullish Divergence Looking at a 1 to 1 ab=cd for the next leg up .

johnmad

Wolfe Wave with possibility's of a Correction .

johnmad Updated 

One big ending Diagonal with possibility's of a Correction .

johnmad

Nice Triple Top on the Higher Time Frames . Neg Divergence . good Risk Reward Trade , possibility is good that Price should re visit Point 4.

johnmad Updated 

One more wave down to complete the Geo Wave .

johnmad

Wave analysis with Possible Targets , my preferred Target is Target 2 .

johnmad

Wolfe Wave Completion with a good Risk Reward .

johnmad Updated 

Here are a few small things to look out for . As of now it looks like we have reached the bottom if we do by any chance close below the current low then my bottom Target is 7,69 I have indicated a small triangle at the bottom as we could have 2 situations here we can either retrace once more and complete the abcde but if we close above the top triangle line then...

johnmad Updated 

Here we have a Rouge Wave within a Larger Wolfe Wave (Descending Wedge ) Just wait for the completion and take full advantage of the Correction