We are ready to moon towards the upside , the 3 wave strucuture looks like abc which will occur in the 4 th wave on elliott wave stratergy !
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Price action and chart pattern trading > A 2 conflicting pattern with a bearish move from the larger Head & Shoulders pattern and a bullish one with current bull pennant. > The larger HS pattern could be overshadowing the smaller pennant pushing the price lower - SMA20 dead crossed SMA50. > A strong symmetrical resistance; upper volume profile, price resistance,...
Price action and chart pattern trading: > A possible upcoming short term rebound B-wave of mega bullish flag 2-wave ABCDE triangle correction > The price made LL last week from 34 baht support, assuming minor 5-wave of A leg to 32.75 baht then a strong buy back signal with bullish engulfing candlestick. > Entry signal @ breakout recent resistance 33.75 baht >...
From my last post, we have now broken above the .236 level and have continued to hold the .382 level to make the wave 4 valid and now looking for a wave 5 rally to $411+. If you are confused by the red lines those are support lines I have added in longer time frames or during the trading day. You can see we did not break the red lines also for even more...
Price action and chart pattern trading > A possible downtrend continuation for C-leg with the current bearish PENNANT pattern > The downtrend TP @ 1.618 extension zone at 13K USD price - same target with the previous bearish INVERTED CUP pattern > An upcoming mega bull flag formation with target reversal +80% upside @ 28K USD price. > Close short position once a...
Hello. By watching the chart almost of crypto currencies create the c wave uptrend and touch the zone and start again to downtrend.
Hello friends. we have another analysis of Ethereum . By watching the chart we see a correction abc wave the a and b wave be completed and move to create c and continue the downtrend. almost cryptocurrencies formed this treatment.
Apple seems to be in a complex W X Y correction at the moment based on the Elliott waves. We saw the current top of Apple stock on Dec 13, 2021 at $181. Since then, we have been in a correction that has reached almost -30% at its lowest point. But is that it for Apple or does it go even further south? The top so far was the end of wave (3) in the Intermidiate...
Price action and chart pattern trading setup: > This TF4H wave projection is indicating that after 5 wave correction forming A-wave now possible making a B-wave rising triangle pattern for uptrend correction. > Target @ R1 is the rising triangle target +20% upside and R2 is the bullish flag target +40%, both are the potential B-wave correction target at 0.5 and...
> ABC correction with the major C leg downtrend ending diagonal pattern - possible final 5-wave at 0.5 fibonanci extension level -30% and 0.618 level -50% if break below the current key support. > The price is currently trading below SMA50 and SMA200 and RSI TFW bearish signal broke below MA line below 50. > An upcoming RSI bullish divergence in TFW could be...
Price action and chart pattern trading: > The price during last few weeks squeezed just under EMA200D with a series of bullish candlestick pattern > A possible ABC uptrend wave with bullish pennant pattern target +22% at TP3 1.618 fibonanci extension. > Support @ S1 -7% and S2 -10% downside > Risk reward ratio: 2:1 > MACD squeezed momentum under the...
Hello friends, after retesting the base, Apple returned to the top and could not complete the failure, so it is expected to test the higher level.
Hello. Regarding the share of Tesla, we see that after a downtrend, we hit the bottom of the channel and we see growth again. It seems that after a strong failure in the monthly time frame, there is a pullback on this level to the value specified in the chart with this ABC correction.
Price action and chart pattern trading setup: > A bullish dragon pattern with an uptrend ABC wave currently making a pullback to the rising channel support at the volume profile point of control > The price is below key dynamic support SMA200 and SMA50 which is considered a downtrend movement or could just be a false break dump and pump > Entry @ SMA50 and SMA200...
Bitcoin is currently at wave 4, making a triangle before going down further to forms a spring or wave 5 at 20k usdt or a double bottom. This is supported by Kingfisher's liquidation chart too! So, we might see a potential rebounce off 20k instead.
I see Fear Uncertainty And Doubt being spread everywhere either by rate hikes or exchange manipulations and hacks!.. Just like I saw etf at 69k and hope for 100k.. I wasn't a permabull or permabear.. I just trade charts and I regret to this day why I didn't trust my work and... Anyways.. I choose to be rebellious this time. That's why.. This count is based on...
Phenomenal long opportunity on BTC with a RR of 30. Can't miss this long, even if it fails, the downside for invalidation is minimal. TP's at key levels. ps. THIS WILL STILL HAVE A NEW LOW AFTER TARGET IS REACHED!