Price Action & Chart Pattern Trading - Elliott Wave Projection > Bearish Divergence signal - Wave 5 Zone - Take Profit Zone > Limited upside for Elliott Wave 5, estimated at 1.618 of Wave 4 and 1.0 of Wave 1 > Rising Parallel channel as corrective Flat Wave 4 reversal pattern
- We have a new parallel ascending channel on the 4h chart. - Bulls need to break this channel to the upside, for continuation in this uptrend. - The previous triangle structure can be definitely re-tested in the future, so be prepared for this case. - But a major trendline from 10. November 2021 is now broken, so the trend switched to a bullish trend. - If...
As I mentioned in my previous analysis ✔️ the price has started to gain from our second support area 💣 and now the price can start correction to the downside and hit the black trend line near the support area ❌🧨 or start to gain and if it breaks the major resistance and channel resistance, hit the upper target 🚀🚀 This is not financial advice, always do your...
#SNX (Update) Descending Channel Formation in Daily timeframe Chart.. So far Looks Promising & In case of Upside Breakout, Expecting Massive Bullish Wave towards the $12.. Send it..!! 📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER.. Please like the idea for Support & Subscribe for More ideas like this and share your ideas...
#RNDR (Update) Bullish Flag Formation in Daily timeframe.. Some Decent Volume Coming in too.. Seems like Ready for Round 3..!! Send it to New ATH 📈 📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER.. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments...
#QNT (update) Consolidating in Descending Channel from last 4-Months.. So far Looks Bullish & If Channel Broken Upside, Expecting 2x Bullish Wave in Coming Days. Send it to $400..!! 📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER.. Please like the idea for Support & Subscribe for More ideas like this and share your ideas...
#FLOW (update) Descending Channel Formation in 1D timeframe..!! Looks Solid for Midterm, In Case of Breakout Expecting +100-120% Bullish Wave so keep under the Radar.. 📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER.. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in...
AT&T Monthly - EDUCATIONAL only - Support, Resistance, Trend Lines, Parallel Chanels, Confluences - Hope it Helps, Good Luck
#MATIC/USDT $MATIC is inside weekly parallel channel, and price is above lower line of this channel and near to break out from descending resistance line. 🐮 success to break out from descending resistance will head up price to resistance zone around $1.95 and it can have more increase to middle line of channel that is the same with resistance zone between $2.25...
NVIDIA possible forming a triangle in wave 4 (yellow).. Where price of wave E of triangle (not shown on chart ) may stalled at around 245. Up Side Target potential could be at around 1400 ( 471.43% growth)..@ the upper resistance line of parallel channel (white)
#Bitcoin (Update) 3-days Candle Closed Above the 41k Crucial S/R Level..✅ Descending Channel Upside Breakout Confirmed..✅ MACD Bullish Cross has Also Confirmed.. ✅ Send it Back to $70,000 🏄♂️ In Weekly timeframe, RSI is Printing Massive Hidden Bullish Divergence.. Bitcoin Bulls Defended the Weekly EMA100 (35.7k) & Now, Need to Reclaim the EMA50...
Ok so at this moment this thing is still speculative even though it is indeed a valid bullflag in its current form…,if it doesn’t break up out of the bull flag on the next retest of the top trendline then odds are pretty good the flag will then start to grow too long get nullified as a flag. It would still be valid as a rising channel though. Anyways, let’s say...
Hello traders. I expect the price to drop to $1,900 in the first phase and $1,350 in the next phase after reaching $3,150. Be profitable.
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. AUDJPY: running about +1% Full analysis/forecast: NZDJPY: running about +1.5% Full analysis/forecast: DOW: closed down +0.5% Full analysis/forecast: AUDCAD: -1%...
Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! SOLUSDT : As you can see, the price is moving in the parallel channel and you can sell in the upper line and buy in the lower line of the channel until the price breaks the channel. Now, it...
Hello guys, I saw this uptrending channel that could be a potentially profitable opportunity. I wouldn't trade this with leverage because of high volatility.
Based on the chart, the price is close to channel resistance ✔️ and has started to gain from the support area ✔️🚀 if the price breaks the channel resistance and our purple area here to the upside and stays far from the purple area, we expect gain for the price 🚀 we have major resistance on 0.50 area and if the price breaks the round number of 0.50 and stays...
Based on the chart, price stick in descending channel ✔️ and has started to gain from channel support and support area ✔️ so we expect more gain for the price at least to channel resistance and if the price breaks the channel resistance we can see more gain 🚀 and our first target is $95 🚀 if the price breaks the $95 and round number of $100 and stays above these...