Pattern: Channel Up on 4H.
Signal: Buy on the next 1D MA50 contact as the sequence is similar to the May 13-16 fractal.
Target: 4330 (the Higher Highs trend-line and symmetrical level since late April).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Elliott Wave Post 2; after writing the first post I have received some questions. So I thought it easier to write a follow-up post here showing some tricks.
To be clear, I am not an Elliottition as a whole, I use it as part of a wider strategy on the monthly and weekly timeframes. But also we have access to an automated Elliott wave tool.
The Elliott wave logic...
Pattern: Channel Up on 4H.
Signal: Buy as the price has hit the 4H Ichimoku Cloud with the 4H MA200 (orange trend-line) and the 1D MA50 (red dotted line) right below, while the RSI reached the June 03 low.
Target: 4280 (top of the Channel Up) and if the Higher Highs trend-line breaks, then extension to 4340 (2.0 Fibonacci extension).
** Please support this...
FIb interference waves based on critical points of fractal in terms of fib. Intersections = potential target before reversal!
EXPERIMENTAL SERIES OF FRACTAL RESEARCH WORKS
Looks like an opportunity LONG for GBPUSD.
> What a long way on the upward yesterday with Standard & Poor's (S&P). The equity index started to rise yesterday at 6:00 (GMT+3) completing the "zikzak" pattern.
> The price level 4232 seems to be significant resistance.
> This could be a good SHORT opportunity, to capture the 30 dollar move retracement, since it...
I've been using Tradinview for several years now. It's been a good platform to use for the charting side.
I wanted to make a post to see if there are tools or things that maybe I don't use that others in the community might like and use?
Personally, I like things like Parallel channels. This is a great tool instead of drawing trendlines....
Had a nice recovery from Wednesday´s lows, but we´re not off the hook yet.
On the chart I´m showing a bearish (blue) and bullish (purple) scenarios.
Since the overall trend is still up, I´m using the bullish scenario as primary, and it will be confirmed above 4240.
SP500 is moving longer since the breakdown yesterday. If it confirms the break of the short-term downtrend resistance it could rise again.
Stay tunned!
Pattern: Channel Up on 4H.
Signal: Buy on the next 0.618 Fibonacci retracement level pull-back.
Target: 4350 short-term (the 1.5 Fibonacci extension) and 4450 long-term (the 2.0 Fibonacci extension).
Most recent S&P idea:
** Please support this idea with your likes and...
Hello traders, here's my point of view, A great buy ZONE both for buy ETF or just take chance from the next bull run can be at the next monthly zone.
Let me know in the comment section what do you think about it
Pattern: Fibonacci Channel on 1D.
Signal: Buy as the price entered the 1D MA50 - 1D MA100 buy zone again. The 1D RSI is on the (Support) similar level that it was on the Jan 29, March 04 and May 12 bottoms.
Target: 4350 (the 1.5 Fibonacci extension).
Previous S&P500 idea:
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And I just need some indicator confirmation before pulling the trigger on some puts.
I don't want to crow too loudly, but lots of crypto analysts on Tradingview and/or YouTube have been posting temperamental TA when they wake up, see a candle, and feel compelled to post an update to their TA. Whipped around all over the place as BTC zig and zagged. Many did not...
