A look at as potential bearish structure trade on the USDCAD using previous structure resistance & multiple AB=CD patterns to build our case for entry. If you have any questions or comments about the idea, or if you just want to share your own views, please leave it in the comment section below. Akil
Hello everyone, How Rare is Palladium? Palladium is considered a relatively rare precious metal. It is rarer than well-known precious metals like gold and silver and it seems like a very interesting opportunity at the moment to me. There is lot of bullish signs I can see. First of all It seems like it is in nice falling wedge pattern and finishing A-B-C-D-E...
Technically the FX:USDCAD pair seems to follow 12345 bullish impulse structure on intraday chart. Having said this, it is possible to follow 2 setups (bearish and bullish) on levels shown on the chart. On the short side, it is good to monitor and manage the position closely and move stop loss to breakeven as soon as possible. In this case the expected pullback...
Left Chart: 1. I have displayed a head and shoulder formation that could take around 42k BTC. I already posted this scenario a couple months ago on my Twitter twitter.com Middle Chart 2. I drew an ABCDE move on the middle chart for longer-term and mid-term price forecasts. The short-midterm ABCDE move, which we have just confirmed/completed, suggests that we...
Potential breakout from point E of this descending triangle. PERLUSDT can growth easily more of 64% by the week, but a first swing in a break-out wave can be expected to start tomorrow. This impulsive projected from an ABCDE triangle can rise wild after the actual D-E decrease. The Fibonacci retracement is beautifully confluent in 14.6% key level with trend-line.
Price action and chart pattern trading setup > Rising triangle ABCDE pattern @ breakout neckline position > TP1 estimated @ height of E wave +17% upside 1.618 extension of CDE wave > Stoploss @ triangle support -8% downside > RRR: 2:1 Always trade with affordable risk and respect your stop
This is JUST An IDEA! In GBPJPY 30M Have ABCD BULLISH Pattern , When saw Bull Candle Accepted . Have GREAT day.
Potential reversal price action in a potential ending diagonal Elliot pattern corrective, plus potential bullish Gartley and AB=CD projections aiming demand zones. The price is ranging @ upper region of a monthly Inside Bar candlestick pattern. I'm expecting the breaking of Aug '22 low to lowers lows newer targets. The price action above this level tends to...
Eurusd ABCD chart pattern trading ideas. If the bearish trend will continue this week.
There are two scenarios. 1 - by Elliot. MA147 is as good support. 3rd and 5th waves would say will finish just below MA200 resistance, that gives good perspective. RSI is going for a third attempt to cross the trend resistance line as well, Aroon after falling stays straight. Stoch above 80, means possible move downward. Macd just broke up Bearish neck, good sign...
A Bearish-type big BlackSwan pattern occurred. If the price rises a little more, a Bearish-type AB=CD pattern is likely to occur. Short after seeing the rebound. *Harmonic patterns is automatically detected using the indicators below. - Harmonic auto-detect PRO
Elliot Wave continuing from the drop from 25200, ABCDE. Rising Wedge to about 20750-850 (not exact), then a drop from there to 18400-600 as measured from the last drop. Not a guarantee. I haven't entered a short, I might take a swing with my hedge account. Work-In-Progress. This doesn't mean, "short now" but for traders that already have established shorts from...
Hi guys So as you might know by now, I'm no pro but have been learning quite a bit as I go along, especially this year which is when I started taking it a bit more seriously. So please give me honest opinions on this idea here. Would love any and all feedback. I don't think I need to explain it, it's pretty self explanatory just by looking at it. Thanks!
Analyzing the Daily timeframe, we could to expect another possible crash in the Bitcoin price. But it's very important to analyze well the fundamental analysis in this week incoming what we expect from more news in macroeconomic point. Also, I draw a model of this bearish channel perspective and I believe that we formed the ABCDE pattern correction into this...
Price action and chart pattern long term trading setup - catching the impulse 3rd wave extension. > ABCDE Wave ascending triangle correction during 2nd wave is one of the most powerful that generates maximum profit for traders > Possible making the final E wave before breakout > Watch out for dump & pump on the way as prolongation of the E wave. Target estimated...
I seldom use Elliott wave simply because of the extreme bias it has. I know that the Elliott wavers will say that there is safe measures in place to correct your hypothesis, but why correct it, just simply use divergences or some other method of analysis where you remove as much bias as you can? Anyways I do sometimes use it from a long term and hopefully...
bears not aggressive in selling. bulls confusing with direction result; bear trap may form to induct more retail investors what EW/NW chart says; 5 waves completed as triangular correction ABCDE. wait for 50% recovery till 16725 If it passes over then bulls are strong. BUY ON DIPS If It fails then bears will start the game now be in longs only until 16725