I reccomend to closed up the long position and don't make anything until NEO reach down to the key support to bought. This it's a manipulation pure!!! So, to respong your question, remember we are entry in the new cycle and my perspective it's bullish Now, the H4 it's the key, and we would need to hope the formation of the latest C of the elliot wave...
Just a kind reminder to everyone here. Not financial advice. Leave some feedback if you have any ideas, thanks!
In the 4-hour time frame, a 5-wave is seen, followed by an abc pattern, and of course an ideal butterfly harmonic pattern, which is expected to move the price up to the upper trend line.
Will we see a rally up to 95.50 after a test of 92.70 area?
Hello traders! As i predicted in my previous post that we will see a double top and a drop and It happened. The Reason I was expecting a double top is that I am expecting this drop in Elliott wave ABC formation and After completing wave A in 12345 formation wave B must be in abc formation and according to Elliott wave rule wave B must not cross the wave 2's high...
Will go up for the rest C of ABC pattern as my opinion. Then UJ turns to Downtrend back. Thanks for your interests. *_<
EU is about to reverse to complete ABC pattern. So as my idea, it's going to from Blue Zone (Resistant Zone). Thanks for interests. *_<
This is a NAKED & SWING analysis based on patterns ! ! ! Here we have a beautiful ABC correction pattern. Now we are waiting for the continuation of the major trend. ENTRY : 1.3000 STOP LOSS: 1.3040 (40 pips) TP1: 1.2960 ( 1:1 40 pips) TP2: 1.2920 ( 1:2 80 pips) And then extend the take profit targets and let it move until the last target. LAST TARGET : 1.2700...
Identify Price action: 1. Sideways; Find: Support and Resistance 2. pre-support became resistance 3. ABC pattern Short Entry 180 Stop 181 -- For stock, $1 stop is very easy to be triggered. Target 175; reward:risk=5:1 Target 170; reward:risk=10:1 Use Option to play this Game. I am not a PRO trader. I need few months to practice trading strategies. If...
Great opportunity for a bearish move soon ! looks like structure is complete with a ending wave 5 , looking for a three wave pullback for either a continuation to the upside or more downside , the time will tell ! BulldogTradeHouse
Playing around with some technical analysis tonight.. I found a found a pretty decent buy zone for FB. In the video I explain how I identified it.. I also go into a little bit of detail about how I chose the the option contract I'd like to play. I hope you enjoy! Sorry if it's a bit awkward, it's my first video upload.. More to come, I hope! Have a good one,...
Wait for an rejection or wick in this area then wait for that rejection to close, then take the long position.
Condition: #1 Daily EMA144 is support #2 Swing(A) crossed SMA50 and EMA144 (Normally, this is a pattern of beginning in uptrend) #3 Swing(C) Began from SMA50 #4 No price change on 8/6/2020 Earning Estimate: Range of Swing(C) = Swing(A) (ABC pattern, even if it is a consolidation only) Entry below 26.5 Stop 24; when Trendline break Target1: 35;...
Double top, ADA due for a correction TP 0.105 Daily and Weekly RSI overbought range Swing trade Heathly correction before shelley is implemented July 29th hard fork, then back to FOMO and hype trend BINANCE:ADAUSDT
This is an ABC correction and C point jump @ Gold Spot. Target price is 1818 USD.
Using the Elliot wave strategy, top down analysis, market structure, support and resistance and a few indicators, I can see that market is heading in a downward position for the coming week. Now we do not know what will happen over the weekend that could effect the markets direction. but for a framework and idea, we should look for a short in this time Frame.