Hi - trying to draw fib level, no idea if it is anywhere near right. Please tell me if I'm wrong!!! thanks for the community.
First channel drawn! Love the learning. Is my charting good bad or ugly?
Early attempt at risk/reward with target. Target met - need to be disciplined as overtime I check the chat I wanted to change the plan. Lesson learnt - trade with method rather than emotion!!!
I drew the lines and did the risk vs reward calculation at the time of the arrow. Learning everyday and loving it. Any advice welcome!
Thanks everyone for the community. Please be gentle and if you feel my novice attempts are published too frequently just let me know I'll publish less. I make the support at 0.524 and potential entry point around 0.537? Any advice, criticism and corrections welcome! (so noob that I haven't figured how to reply when someone comments on my chart)
$WAVES 4H chart is completing its inverse head and shoulders with its strong support line around 0.0006600 that has held for some days now still intact, which might lead to a short-term bounce to the upside.
Hi, This bearish seem's clear for me So I think it will be down, but all indicator said up.. and it go to up And it happens to me often.. Perhaps you can enlighten me a little ? thank you ! :)
A Head and Shoulder pattern is coming into full play on the $WAVES 1H chart with the last Shoulder remaining, if this happens, there is one more chance to get in for a short ride and leave before the downtrend. If you are already in a position you should be looking to lock in your profits as the formation comes to to an end.
Hi TV. I have been terrible at trading for a long time. like months. My first few trades were > 10% of my net value. lol. Thanks to all of you, especially MagicPoopCannon, for teaching what you know. I've been at this for a few months, I feel like I'm finally starting to grasp the fundamentals. I'm a fan of harmonic, positional setups, but this is my first real...
Regular Bullish Divergence on the 1H chart, with the support line around 0.0031000 still holding strong which will trigger a probable bounce if the the Divergence was to play out.
$ADX Strong support line around 0.00014000 still holding holding strong with price only able to dip a little below it before bouncing off it. As we enter another Alt Season this will be a good place to start accumulating.
$ADX Strong support line around 0.00014000 still holding holding strong with price only able to dip a little below it before bouncing off it. As we enter another Alt Season this will be a good place to start accumulating.
$XLM running in an Ascending Triangle, likely to dip back into the Bullish rectangle before making another Bull run.
$VEN 4H Descending Triangle, probable breakout to a strong uptrend.
I am not formally trained and am not pretending to be. I am simply an interested person who stumbled upon Elliot Wave in an attempt to understand the Cryptocurrency marketplace. I have never traded nor analysed trading. I am simply interested in mathematics and geometry and their use in analyzing and extrapolating future tracks of a market wave. I am probably...
Do you guys think this trend is realistic? i would love some feedback