ABCDE elliot waves pattern Ascending pitchfork pattern
Here we have an INTRADAY trade with an ABCDE correction pattern for CONTINUATION. ENTRY: (1.5410 - 20 pips) STOP LOSS: (1.5430 - 20 pips) BE: (1.5390 - 20 pips) 1:1 TP1: (1.5370 - 40 pips) 1:2 TP2: (1.5350 - 60 pips) 1:3 CONFIRMATIONS: 1) The market is in general downtrend (trade with the trend ). 2) ABCDE correction pattern for continuation. 3) 1H resistance at...
EURCAD is in a downtrading market and it just made an ABC correction triangle witch indicates a continuation at 50% Fibonacci retracement. It may convert into an ABCDE pattern but if it still hold the resistance level at 50% of Fib, you should short ! ! ! HAVE FUNN & HAPPY PROFITS ! ! !
Possible ABCDE corrective closed triangle pattern on 15m Gold chart. News may decide the outcome. Break and hold below bottom of triangle can test minor support zones as marked below white dotted lines. Read between the lines. Risky management is key. Follow for more!
Recently I have discovered that assets have not just been in a very bullish trend, but that they are showing signs of being within a specific bullish trend formation. Specifically, bull flags. I'm pretty astonished to have confirmed that this is the case by applying the characteristic ABCDE pattern they display. The implication of this cannot be understated,...
SPX still correcting and is bearish on the short-term.
Short around 26 to try to run a big wave down. This idea is an update of my preview on SILVER ( ) and correlated with others on GOLD and DXY (linked above).
APPL seems to be following suite with the reset of the market, as we enter Octobear. With all the selling pressure around the $115 to $114 region, we could see AAPL fall, and find support at $111 to $110 region. However, the narrative could change, as AAPL new iPhone line up should be annouced in the coming weeks. Therefore, could have some price action that...
symmetrical triangle falling market Elliot wave caught from E to close. looking for 1823 bounce. hunting for a new long. There is wiggle room for more low but bias continues strong for a retest - looking to see how it reacts coming back up to 1960 levels. Short term long, long term long.
Triangle formed and broken. Wait the pullback, then sell. Target: Triangle size. Keep it simple. Good trade!!!
Hello Fellow Trader! Oil has been sold down quite hard from August highs giving back 17% in 13 trading days. Wedge patterns are generally a sign of trend continuation when broken to the downside, and when found within bearish momentum trends, can become quite potent. Key Points: - Daily Chart – Showcasing the major support and resistance levels - Price holding...
XauUsd should continue down. Gold should revisit 1860 zone again.
Hello Fellow Trader! EURAUD Superior Reward to Risk Ratio Daily Chart: EURAUD has crossed below a weekly trend line set back from February 2017 and forming a bearish 5 wave wedge (ABCDE). To complete the wedge pattern, the final wave E is now in play for upside before the next fall. The open today MUST hold the bullish engulfing 1 hour range for confirmation...
Hi, fellow traders! There is a confirmation of a breakout from the symmetrical triangle in Silver, ABCDE Elliott wave correction is complete, silver is about to continue the bullish run, though the last impulse is weaker than it has to be, see the chart for resistances. Follow for more ideas, do not hesitate to click the Like button.
Strong resistance will dump and sell the pound, with the formation of M is now on the way. Setup the sell-limit at the resistance level, with 3.8 risk reward ratio, just be careful of setting the stop loss otherwise no stop loss. WIth targets between 0.5 and 0.6 fib retracement creating the B leg of the prospect ABC or ABCE pattern.
Looking for DXY to reverse so I can short NZDUSD and EURUSD. Taking its sweet timeeeee
Looking for DXY to reverse so I can short NZDUSD and EURUSD. Taking its sweet timeeeee