Basically and continuation of previous published idea. Wave counts have been updated and the low at Wave 2 sets the lower channel. Wave 1 ended and was followed by and expanded flat Wave 2. Continued movement above the bearish downtrend channel continues to give great confidence we are seeing a trend change to bullish movement. Friday's closing looks to have...
Bullish on two potential scenarios. I am not a financial advisor. This is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
MDB price follows an impulsive structure from its Nov22 lows nicely. Until price holds its Oct's lows, my main interpretation of the price structure suggests move to next macro-resistance zone: 550-640 in 2024. Suggested price structure needs to be revised if price breaks down bellow 288 and above 640.
POWR seems to playing a triangle in weekly time frame and it can reach 0.22$ area in coming weeks. If you are willing to buy some I hope that zone is perfect. DYOR. Invest what you can afford
Euro turned up at end of 2023, it recovered with a sharp reaction higher up to 1.1 area where pair slowed down and turned lower into a pullback that is now in progress. Ideally, thats wave (A) of a new higher degree correction that can represent even wave 2 so be aware of some more weaknesses or sideways price action, but eventually, new buyers will show up still...
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Price action and chart pattern trading setup > Global pattern bullish complex inversed head & shoulders pattern breakout > Local bull flag breakout EMA200 dynamic resistance with strong bullish candle - a possible ABC bullish wave targeting new wave 1 > Support pullback entry level : EMA200 zone > Target 2X bull flag pattern @ 0.786 - 1.272 fibonanci extension...
Even though briefly NASDAQ:MSFT became the most valuable company in the world based on market cap. From an Elliott point of view we might be on minor wave 5 of intermediate wave (5). After a top a correction always occurs. So be careful out there and look for signals to support this correction. What is your opinion? Up or down from here. Legal Disclaimer:...
will BTC continue to rise until announcement result of the 2024 US election and then masssive crash is coming?!
Another day another Cement stock! The cement sector does not seem to have any shortage of upside potential even in 2024. Another stock with a good trading setup is DALBHARAT. The stock is entering into wave III of Wave III of Wave 3(i know it sounds crazy but that's how the extensive sub-division of cement stocks has been) INR 2260 which happens to be reversal...
Ashok Leyland can start a new rise from here for new highs.. Risk reward wise looks strong if hold 173 levels.. We can see a target for 200 -215 & medium term target for 260. Ichimoku & wave counts support the move
Price action and chart pattern trading setup > A possible uptrend scenario with ABCDE symmetrical triangle major wave 4 ending E - wave position, just above SMMA200/100/50 week making its way up to the triangle resistance wave D. > Target: Wave projection target breakout triangle resistance from position E-wave as TP1 +30% upside > Stoploss: E-Wave position -8% -...
The stock was seen rising in an impulsive 'wave I' structure between March-Aug 2023. Wave II happened between Aug-Nov and wave II managed to retrace 50% of wave I. In the past 2.5 months, the stock displayed a minor wave i of wave III and a retracement of the same in the form of minor wave ii. The stock now looks all geared up to move up and cover the remaining...
I believe I've identified a potential Three Hills & a Mountain pattern on ApeCoin's hourly and daily charts. At the time of this idea --- and should my projection be correct -- we are beginning the transition to the third hill. The supporting evidence for my idea is the following: 1) Both of the completed hills declined to, or near, their 61.8% Fibonacci levels...
I have a hybrid scenario for CHZ. But I am more with the bullish scenario rather that flat scenario. It's better to accumulate CHZ between 0.8$- 0.36$ if you hope to hold long term. CHZ can easily reach 1$ in coming bull market. DYOR. Manage your risk.
We are definitely in our wave v of 5 of larger (1) now. In the smaller patterns a move to $650 is not out of the cards...however, please understand your trading the final machinations of a very long term pattern. A breach of the $400 will signal a potential move back to the sub $100 area.