Wave 4 is included of ABC. Wave C had 5 waves and right now we are going to start the impulse wave which is Wave 5. My expectation for trend reversal is around 36.9~ 36.63 For those traders have Hedge on OIL should be careful during closing your position. The best method is closing with small amounts such as 0.02 and decreasing from your hedging volume. Best wishes
Strong RSI, MACD Cross imminent, Strong Volume. LETS DO THIS Target 100% +
In a consolidation triangle looking for a trend continuation as we complete an ABC up to the wave E of the triangle. Target levels & times are the red zone.
I continue to run more models. My models are like the cones of uncertainty when forecasting hurricanes. The more data that comes in changes the cone. In this case, this chart is completely different from the one 2 weeks ago. That one saw the end of Grand Supercycle 1, this one still has us in the final Cycle wave 5. This model also projects Grand Supercycle wave 1...
NSE:RELIANCE bounced from the lower support trend line of bullish channel. It also completed corrective abc wave. Now it may go ahead for a wave 5.
Dear Traders As I mentioned before about the analysis of Oil. In this moment we are in Wave 5 of total movement. Wave 5 includes 5 waves which are 1,2,3,4, and 5. Wave 1 in wave 5 started on July 30th 2020 15:00 GMT and this wave finished on August 5th 2020 16 GMT. After that wave 2 started which is a regular flat wave. The wave C of the second wave will finish at...
Hello everyone, I am going to keep this short and sweet because my last posts have kept getting banned. I apologize for my absence, but I am hopefully going to be posting more often now. Elliott wave analysis: It looks like we have just started our wave 5 of a greater decline, maybe some sort of wave C? I am not sure, I have not look at the larger structure too...
Hello my friends, Previously i have analyzed GBPCAD and managed to enter exactly on the 38,2 fibonacci retracement of wave-3. I entered exactly on fibonacci 38,2 retracement because the 4th wave usually only retrace around 23,6-38,2 fibonacci retracement. For those who didn't entered GBPCAD on my 1st entry, there is a possibility to enter again here at 1.7450...
Hello traders! We can count Elliott wave formation above March's High. Which was High of First Half of Year 2020. Target is 1.1803 which is set using my strategy and in Elliot wave, wave 5 is mostly equals to wave 1. Just hit the like button for appreciation and follow to catch every wave correctly. Previous analysis
This is a quick signal if you're watching right now Go Long on bit coin Signal Price: Market Price right now 9370 Time Frame: Hourly Chart Risk Management: Stop Loss: 9310 Trade Management Target 1: 9,426 Action to Take: Move Stop Loss to BreakEve i.e. entry level Target 2: 9,525 Action to Take: Exit 80% and Manage the rest of the trade on the Daily...
This stock could hit the highs to the left, if it breaks out of this box.
bitcoin has stayed sidewasy for a while. A breakout into wave 5 is possible Will it go back to 10,000 ? Will it retest the Levels to the left @ 10400 and 10500? You can either go long above this box or wait for the 10k level to be breached first
AutoTrader is my favourite website for buying/selling new or used cars/trucks/vans The stock is showing strength now. Now that the UK Coronavirus lockdown is easing people might start using the website even more lets see if we can find a wave 5 up Target will be price levels to the left marked with horizontal line.
after reviewing the movement of the prices from the ending diagonal formed at the start of wave 1, it could be seen that the wave 3 retraced in the 1.618 zone ...Instantly followed by another counter wave 4 (which is still on formation). We anticipate the commencement of wave 5. We are to go short once we go below the red box. Also, I also spotted a head and...
The GBPUSD will stay sideways tomorrow. If true. then the day after or during US Session tomorrow, it might setup for a Setup 1 Long Breakout into Wave 5. let's watch it what it does overnight and at London open tomorrow.
This is what I call the famous setup. 8 hrs ahead of time you know what you are going to do at the frankfurt open..(potentially) Now if it stays sideways within the marked boxed zone. we can then trade the Wave 5 up... towards Target Zone Same like the EUR/GBP attached below
This is typically what I call the Famous Setup On the H1 Gator will be open and during Asian session the price goes sideways, boxed sideways at Frankfurt open, if the box is tight, take the break out into Target Zone area marked
If price stays sideways within the marked box, tomorrow around Frankfurt open it should start to shoot up towards wave 5 Cons: Price is stuck within a Box on D1 chart. The D1 box high might prove as a resistance. Relevant to yesterday's trading idea linked below