• Monthly - Trend and momentum using Joe Rabil Method: a. Uptrend since price continues making HH & HL. Price is above 18-month MA and 40-month MA; 18-month MA is rising and above 40-Month MA. b. MACD shows improvement - Elliot Wave Method: - - Harmonic Trading Method: -
• Weekly - Trend and momentum using Joe Rabil Method: a. Uptrend since price continues making HH & HL. Price is above 18-week MA and 40-week MA; 18-week MA is rising and above 40-week MA. b. MACD is rising as per price - Elliot Wave Method: - - Harmonic Trading Method: -
• Daily - Trend and momentum using Joe Rabil Method: a. Uptrend b. Mapping: pinch setup for pullback. If this fails, will monitor price action when MACD is close to 0-line. - Elliot Wave Method: 5 waves are up. - Harmonic Trading Method: Price touches PRZ of bearish crab.
• 1H - Trend and momentum using Joe Rabil Method: a. Price breaks down its uptrend line. b. 18-1H MA crosses down below 40-1H MA and both are down c. Mapping: pullback and currently in presumptive downtrend - Elliot Wave Method: Mapping AB – (C) - Harmonic Trading Method: -
This analysis is made to track my TA's learning progress; my note: Target based on Elliot Wave and Harmonic Trading Methods is achieved in daily TF and 1H TF shows a different trend.