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The last three candles indicate the formation of a morning star, a strong bull flag. A breakout at the pivot level (P) is required.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
The immersed crossing (white bar) indicated a strong bear flag, which was confirmed next. It seems that we have not yet reached the end of this correction.
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We are about to start the subwave of wave 5. Keep an eye on RSI and MFI to get the best timing for entry.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
We have a lot of bear flags indicating a dip in the short-term, but in the long run the scenario is bullish.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
We just saw a submerged crossover bear flag (white bar). This corroborates with the continuation of ABC correction.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
The S1 support should hold probable dips and provide conditions for a rebound. MFI will be our guide to the ideal entry time.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
RSI, MACD and Stochastic are indicating a reversal. Stochastic RSI should provide us with the best time to jump in.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
Correction in progress... a lower low is quite acceptable before continuing the bullish trend.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
The overall scenario is quite bullish, but in the short-term we can expect a test on S1 support.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
GOLD has two supports before needing the stronger S2 support. The chance of revert at S1 level is considerable.
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Microsoft started the correction after a sequence of strong impulse waves. This kind of correction is healthy and necessary.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
Amazon has passed an important and healthy minor correction that seems to be done. Next impulse waves can lead us to 2200.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
The end of wave C can take us slightly below 1.1... the immediate support below (S1) is a strong one.
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We already have enough bull flags to make this call and MACD started to make a reversal movement. Target is $120 in the medium term.
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Although we are nearing the end of a major correction, we still have margin down on the sub wave 5 of wave C. Potential formation of an interesting Cup & Handle.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
Ripple (XRP) will probably need another dip to base the bottom. Oversold levels at RSI are not required for a rebound.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount)
If the 3.1k bounce (that we anticipated successfully) is the bottom, the MFI should provide us the ideal timing to jump in. The MACD is also about to raise its bull flag.
