Price target: 1:1 extension of wave 1
Stoploss: 0.25 (below C)
ABCDE contracting triangle correction with lower highs and higher lows
Contraction of volume during triangle like normal
Bullish indicators:
-Falling wedge on MACD
-MACD kissing after downtrend
-Below 20 on stochastic (best entry would be after it goes above 20)
-Just finished ABCDE allowing for a very safe entry with huge profit potential with very good risk to reward ratio
Stoploss: 0.25 (below C)
ABCDE contracting triangle correction with lower highs and higher lows
Contraction of volume during triangle like normal
Bullish indicators:
-Falling wedge on MACD
-MACD kissing after downtrend
-Below 20 on stochastic (best entry would be after it goes above 20)
-Just finished ABCDE allowing for a very safe entry with huge profit potential with very good risk to reward ratio
Comment:
I misplaced the extension - PT is still 1:1 extension, however, it's at $1.03
Comment:
Stochastic broke 20 level - I already entered but now would be a good time to enter (30 cents)
Comment:
Pennant ends at midnight for me - meaning potentially 14 hours before something happens
Comment:
s3.amazonaws.com/tra...shots/t/tqcV7d3V.png looking like 24 hour range now, new stoploss at 0.275
Comment:
s3.amazonaws.com/tra...shots/n/N3MF244P.png this shows more like 20 hour timeframe
Comment:
Comment:
Many time frames are beginning to have moving averages converge. 15M just went bullish
Comment:
30M
Comment:
1H
Comment:
s3.amazonaws.com/tra...shots/q/qXkAAVQa.png
More pennant drawings - I would say very likely something happens within one of these timeframes
More pennant drawings - I would say very likely something happens within one of these timeframes
Comment:
s3.amazonaws.com/tra...shots/t/TEyjyaXi.png
Breaking out? Bullish MACD divergence
Breaking out? Bullish MACD divergence
Comment:
s3.amazonaws.com/tra...shots/7/7KVn30E4.png
Leg 3 started, if it goes down below E then the entire pattern is invalidated but at this point a 1:1 extension from E is 1.01 which is the same pt as before.
Leg 3 started, if it goes down below E then the entire pattern is invalidated but at this point a 1:1 extension from E is 1.01 which is the same pt as before.
Comment:
s3.amazonaws.com/tra...shots/c/cRke9ii3.png
Leading diagonal (wave 1 sub-primary) Stop loss below wave 4.
Leading diagonal (wave 1 sub-primary) Stop loss below wave 4.
Comment:
Watch for those fibonnaci levels to be resistance levels
Comment:
Placed improperly on previous update
s3.amazonaws.com/tra...shots/d/dwHuCJmx.png
s3.amazonaws.com/tra...shots/d/dwHuCJmx.png
Comment:
s3.amazonaws.com/tra...shots/f/FTIsEJLP.png
Good spot to add more/enter, at this point if it goes below E at this point that is when it is invalidated completely. Until then, I don't think so.
Good spot to add more/enter, at this point if it goes below E at this point that is when it is invalidated completely. Until then, I don't think so.
Comment:
s3.amazonaws.com/tra...shots/v/vqbshS5Z.png
50-62 cents price target for sub-primary wave 3
50-62 cents price target for sub-primary wave 3
Comment:
Stop loss .28
Comment:
s3.amazonaws.com/tra...shots/d/d7xcDjme.png
Looking bullish
Looking bullish