Hello Traders, 👋 Today I would love to talk all about the power of putting in small consistent efforts. Furthermore discuss the power of compounding and compound interest. Putting in small consistent effort is ideal for anyone, regardless of experience. Whether you are new to trading, trade forex, trade crypto or even want to find a new hobby 🏑🏓🎺🎸 1.00 The...
The Ending Diagonal Pattern of Elliot Wave Theory = The Wedge Pattern In Classic Chart patterns Basic Rules For The Wedge Pattern: 1. Consists of five waves 1-2-3-4-5 2. Each wave subdivides into a zigzag a-b-c 3. Waves 1 and 4 overlap in price 4. Wave 1 is usually the longest 5. Wave 3 can not be the shortest The "Wedge Pattern" can be found as a...
FALSE BREAKOUTS | SPOT/AVOID/TRADE THEM LIKE PRO📈📉 How often have you opened a key level breakout trade, and then the price turned against you? False breakout happens quite often and it is a problem for many traders who buy at highs and sell at lows. ❗️Breakout trading is a fairly popular and viable trading strategy. However, some breakouts often turn out to be...
Flats are uncommonly traded correction patterns on the Elliott Waves Traders Communities. I go over The in and outs of the flat correction. Wave A is a correction, wave B is a correction, and wave C is a motive wave.
Impulse moves are followed by corrective moves at all times. Corrective moves are points where the assets take a break from rallying just because the traders are taking profits or joining in expectation of changes in directions. Corrections can be either reversal or continuation. The following is an expanding triangle as a continuation pattern. Good luck!
A bigger correction like the one before is coming again. I expect this company to continue correcting in the next few months with a bias of the company thereafter continuing is upward trend. The pattern formation is an expanding triangle which is a continuation pattern. Good luck. Use the link herein for the black Friday coming next week and enjoy great...
An example of Elliott impulse and correction waves for prediction of SHIB price. This chart is only a sample and is NOT a financial advice . Please do you own research and indulgence before investing.
AriasWave is a methodology. In essence the markets produce a combination of waves using these 2 patterns. If you can observe and understand these two patterns and how the combination of them form the foundation of all markets you will realize how they operate. Go ahead and try to find the combination. You will be surprised once you start to see that all...
Hello Traders, Today I would like to talk all about the different types of reversal patterns & continuation patterns, this can be whether you are a swing trader or a day trader we all must look for signals such as these as they are solid confirmations for our trading ideas. Forex reversal patterns are on chart formations which help in forecasting high...
Wave 3 is the longest among the impulsive moves. Which is why some call it Money Wave. Wave 3 moves fast with strength, and the direction of the trending price when price is within a third wave. Invalidated/Stop loss: If price moves beyond the invalid level our wave count is wrong. If the wave count is correct then price should not go beyond the invalidation point.
Elliott Wave triangles are corrective patterns that consolidate the previous trend. Elliott Wave triangles consist of five waves labeled a-b-c-d-e. There are 3 ways of trading Triangles potentially in Elliott Wave. 1. Conservative Entry 2. Aggressive Entry 3. Supper Aggressive Entry. Conservative Entry approach, we wait for the triangle to complete(A,B,C,D,E)....
It is crucial to understand the price action prior to a high impact news event. Analysing the range to the left beforehand can help you determine what move is likely to come next. In this example, we saw the price was driven down by the bears to stop out buyers, only to reverse immediately to the upside moments after the news had been released. By studying and...
A key part of technical analysis is to identify the different phases and patterns in the market. So, what can we see? - We can see that we're within a major ascending parallel channel and price has been respecting it. When price approaches either extremes of the channel, it rejects aggressively. - There are 2 key phases at play here. The blue phase is the...
hello here i tried to test my strategy of trendlines. as you will see it is reliable and useful to save and update your drawn line on your chart, because it guides you to know in advance the breath of your market. it is like if you draw a path that it will be run by the market. like if you have a cristal ball showin you where and how our market decide. be patient...
For almost a year DXY has been in an uptrend but we may soon be at the end. Last Friday, DXY closed with a bearish candle at the double top region, indicating that there are al lot of sellers at that level. If we continue to show bearish pressure, we can soon end that uptrend and take advantage of USD weakness across the board. Here's a brief breakdown on how...
Long long term just wanted to make it once and follow or update would love to find out how it turns out not a trading advice do your own ta thanks. It's a leading diagonal and no sir no moon sorry till we see a deep deep correction after 75k max.
Dear Market Traders, As you can see, many of us are confused regarding Bitcoin's future path. I believe that many people are hitting SL these days, and once they enter the market, the price goes in the opposite direction. I'd like to share an idea with you that may help you cease trading before Bitcoin reaches 57200~56200, which may occur on November 8th between...
Usually, average hourly earnings don't print positive. I have seen very few times NFP and Hourly earnings published positive together in the last 13 years. When companies hire more people, it's expected that they don't want to pay more and overtime. But, on the other side, companies don't recruit new people, and then they pay more overtime to their existing...