A bullish scenario for long-term view after a confirmed descending triangle breakout with a potential pullback entry position targeting ABC pattern at 100% - 161.8% Fib extension upper resistance of the mega bull flag. S1/S2: pullback descending triangle support / ema20w zone T1: 100% fib extension +50% T2: 161.8% +90% Indicator: RSI week - tapping into OB area...
Greetings, traders, and welcome! Today, let's explore GBPUSD, which has formed an ABC bullish pattern on its daily chart. Currently, the price is trading above the long entry level (EL) at 1.21636. This promising setup unfolds with further potential, targeting Zone 1: Targets Zone 1: 62% AB at 1.28684 79% AB at 1.30976
Hello traders and welcome, Today, we are delving into the world of gold, and it's high time for a fresh analysis of this precious metal. On its weekly chart, gold has formed an ABC or 123 pattern. Let's dive deeper into the concept of the ABC pattern: Traders base their buy and sell decisions on the analysis of historical price data and the identification of...
US$ weakness fuels GOLD to move up. GOLD futures are in wave 'C' of ABC recovery wave.
Welcome back everyone! Gold followed my long term view and could have finished the wave B pullback within a wave 2 according to Elliot wave analysis. We are now at a very important important resistance zone 2072 - 2090 and got a first bearish reaction from here. The long term idea is that Gold ended impulsive wave 1 with the new ATH and now started an ABC...
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,...
ABCAPITAL Weekly chart waiting for breakout and on it then we buy on dip first target 199 & Second Target 250.
#LINK Link is following a texbook Wyckoff Reaccumulation Schematic as seen in one from an ETH chart on the left, which includes an Elliott's Wave ABC then another, once liquidity has been grabbed on the 3rd pop up. * Note there is usually a variance between the schematic images when compared to real time Cryptoland due to what I assume is high leverage stop hunting.
EURUSD 4h ABC corrective wave AS EURUSD is in Bullish Trend, this a counter trend trade with loss Risk: Reward. This trade will be not valid if the price action breaks the 1.1010 and close. SL @ 1.10105 Entry @ 1.0960 TP 1 @ 1.0852 TP2 @ 1.0820 Note: This analysis is for the educational purpose. Note: Trading is the subject to market risk....
EURUSD Short Corrective ABC wave for few pips. In this trade entry was took at 1.09237, TP1 @ 1.09523, TP2 @ 1.09636. SL 1.09033. We can trail the stop according to the ADR levels. After this short correction, we can expect the another correction for downside. Note: EURUSD is Bullish Long on Daily, Weekly, Monthly as per my analysis. Kindly, note this analysis...
Hello traders and welcome! GBPNZD has formed an ABC bullish pattern on its daily chart, and the current price is trading above the long entry level (EL) at 2.05377. In this context, the anticipated target levels for Zone 1 are: Targets Zone 1: - 62% AB at 2.14142 - 79% AB at 2.17279
GBPAUD has formed an ABC bullish pattern, and the price is currently trading above the long entry level (EL) at 1.91280. In this scenario, the anticipated target levels for Tablet Zone 1 are: Tablet Zone 1: 62% AB at 1.97719 79% AB at 2.00234
Greetings, fellow traders! Let's dive into the exciting world of forex trading and explore a promising opportunity in the EUR/NZD currency pair. Our focus today is on EUR/NZD, which has displayed a compelling ABC bullish pattern on its daily chart. This pattern presents a potential pathway for traders to capitalize on. As we analyze this setup, we can observe...
EURUSD is in the Correction phase for future Long Bullish to come, until it not Breakout and close the previous month Low(1.04880). So, if the EURUSD BOS the 4hr high it will be long bullish until to 1.08000.
Hi , Well, first of all, it's important to note that I have an open position in this dividend-paying stock because I want to hold it for the long term. However, we should not ignore the fact that we will start wave C of a possible ABC correction soon. We can also see a bear flag shape. Both have a price target of ~$14 to $15. Regarding the fundamentals, some...
After subsequent negative news, we see again a important floor broken and a falling knife movement. There are two different patterns indicating a move towards 180 or into a side movement corridor between 168 and 196 which is again 15 to 30% downwards potential. It's an ABC pattern (not a perfect one) as well as the side range which includes a local double top....
5 waves are completed and now its time for ABC correction. FOLLOW ME for more signals
Price stopped fall at the 0.618 retracement ~4321 SPX and held for an intraday double bottom ~4310. Holds above the previous Friday's finish after a mad V rally. Stonks remain in a downtrend but this countertrend move may be only halfway up the flagpole. C wave ought to carry index to the upper trendline of falling channel, another 100 pips above. Confirm...