It's likely to see an extension in wave (3)
base on elliote wave, chanel of tendline fibonacci level
The chat boxes pretty much explain it all! :) Also my thought process of what "Wave Theory/Principle" is and isn't in regards to "predicting" the market, no one has the crystal ball, just tools to help turn a shitty ass piece of Crystal into a bad ass trinket that you can sell for loads of money... or just high probability low R/R setups. Whatever you're into :0...
Long, but not so much. Combining the cup and handle pattern with Elliot's impure waves, this could be a possible target by forming Elliot's third wave in those values. At today's exchange rate: 1 CNY = 0.143971 USD Price target CNY 9.553,44.- USD 1.375,35.- Thanks for your time, follow and likes!
Elliot Wave fell into my lap last night perusing the boards so please forgive my lack of understanding. Horsing around with the USD/JPY pair noticed an Elliot Wave Bull pattern begin during summer 2015 that just ended July 2016. It appeared the impulsive/corrective patterns did support this study. Following that 5th wave was a nice Flat Bull from July to...
CREDIT SUISSE - WILL GO SURVIVE? or BANKRUPT?
Hey traders! I'm still looking this as a monster zig zag correction with a deep B wave correction based off election hype! If you like the chart give it a thumbs up! If you think it's a dumb idea let me know! :) I'll be looking on lower TF for set ups! Have a good weekend everyone, & thanks for taking a look! :D
Eur Usd is in Wave 4 At Weekly Chart ,,, It is Triangle Formation in ABCDE ,,, Pattern 33333 ....... At this moment we are in Middle of Last Wave E ,,It will be in 3 Or ABC ,,, Impulsive , Corrective , Impulsive On 1 Hour Chart Eur Usd will look like ..... A = 12345 ,, ( We are in 3 at this moment ) B = ABC C = 12345 Trade at your own risk .
base on elliote wave fibonacci level and trend line
Entry: 113.60 || Stoploss: 113.95 || Minimum Target: 110.30 Awesome risk reward!
Based on my Elliott analysis, the ES has been going long for 7 years now, and it appears to be coming to an end based on Elliott patterns. If correct, we are currently in an Ending Diagonal Triangle which are only found in wave 5 or C of the Elliott wave Analysis. 2240 appears to be the area where price should show some resistance, however, prices could also...
If the correction is over looks like a good move up. Will wait and try and buy on a pull back if price retraces!
Seems as if CARA has gotten back into the swing. Looks like a good one to hold for a while.
Patience is key here as well as identifying sub wave 5:5 completion. other than that all the fib levels line up. lets see what pans out this coming week. please leave thoughts and comments.
....in short term. Bearish fake breakout triangle: Thank you for your support and trade with care!
base on elliotewave projection trendline and fibo level