Sunworks suffered a lot already, and the stock almost in the graveyard. I am following it a while, was a nice short on the way down. Finally posted a tiny bit more positive earnings compared to expectation. Meanwhile a falling wedge formation created. Also moving in a big downward channel. There are two scenarios for counting the waves, one scenario suggests,...
Greetings traders, I wanted to share a great example of an Elliott Wave pattern that appears to be playing out on the chart, suggesting a potential trading opportunity. Elliott Wave Analysis: The chart reveals a potential 1, 2, 3, 4, 5, A, B, C pattern, which follows the classic Elliott Wave structure. Here's a breakdown of the pattern's key levels: 1....
CHFJPY has formed an ABC bullish pattern on its hourly chart. the price is trading above the long entry level EL: 153.241. ST: 152.640. Targets: 38% AB: 154.873 62% AB: 156.232 79% AB: 157.201
EURJPY has formed a symmetry bullish pattern retracing at its 50% AB non its hourly chart. the price is trading above the long entry level EL: 149.126. ST: 148.605 Targets: 38% AB: 150.482 62% AB: 151.636 79% AB: 152.487
USDCHF has formed an ABC Bullish Pattern on its Daily chart and price is trading above the long entry level EL: 0.89092. ST: 0.88173 Targets: 23: AB: 0.91606 38: AB: 0.93580 62% AB: 0.96788
Great position with good risk to reward After breaking the long-term trend line, the price has had a good rally (A) and a slow correction has taken place in the form of wave (B) and I expect wave C to complete. enjoy
EURNZD has formed an ABC bullish pattern on its hourly chart and price is trading the long entry level EL: 1.72543. Wall 38% AB: 1.75803 Zone 1 Targets: 62% AB: 1.77732 79% AB: 1.79089
NG has formed an ABC Bullish Pattern on its daily chart and the price is trading above near the long entry-level EL: 2.289 ST: 2.031 Target1: 62% AB: 2.692 79% AB: 2.871 Target2: 127% AB: 3.384 162% AB: 3.747 Target3: 272% AB: 3.747 262% AB: 3.747
GBPCAD has formed a symmetry abc bullish pattern with retracement at the 707% fibonacci ratios. The price is trading above the long entry level with target zones at: 38% AB: 1.69670 62% AB: 1.71105 79% AB: 1.72136
EURCAD has formed an abc bullish pattern on its daily chart and the price is trading below near the long entry level EL: 1.46301. ST: 1.45099 Wall: 38% AB: 1.48443 Targets: 62% AB: 1.50480 79% AB: 1.51935
USDJPY has formed an ABC Billis Pattern on its hourly chart and the price is trading above near the EL: 134.630. ST: 133.432 WALL 38% AB: 135.315 Targets: 62% AB: 136.440 79% AB: 137.243
Traders, in order to buy and sell, make decisions based on price history and use patterns to identify future price movements. Successful pattern trading requires the acknowledgement of identifying trends, consolidations, support resistance levels and reversal to place stops and targets to forecast price movements. Here i will discuss one of the key reversal...
EURGBP has formed an ABC bullish pattern on its daily chart and the price is trading above near the EL: 0.87220. ST: 0.86535 Wall 38% AB: 0.88266 Target: 61% AB: 0.89288 79% AB: 0.90018
EURGBP has formed an abc bullish pattern on its hourly chart. The price is trading above near the long entry level EL: 0.86953. EL: 0.86953 Targets: 62% AB: 0.87228 79% AB: 0.87349 127% AB: 0.87706 162% AB: 0.87706
For 2-3 Weak BTC Target 34,000K Then 18,000K 8,000K
After the good growth of BTC and the correction of ABC, the divergence between A and C, I expect Bitcoin to continue to grow. If the price moves slowly until June 9, this scenario will be invalidated.
AUDUSD has formed an symmetric pattern abc bullish on its daily chart. The price is trading the EL: 0.66886. ST: 0.65641 Target1: 62% AB: 0.71750 79% AB: 0.73406 127% AB: 0.78210 162% AB: 0.81635
NZDUSD has formed an abc bullish pattern on its daily chart and the price is trading above the EL: 0.61669. ST: 0.61119 Targets: 62% AB: 0.62949 79% AB: 0.63443 127% AB: 0.64853 162% AB: 0.65892