On the hourly chart of the instrument, the price has formed a bullish fractal, which looks promising due to Elliott wave structure: it seems that the 4the corrective wave has come to an end and we are looking for the 5th one which, as a minimum, could reach the highs of the 3rd wave. Going long if the price breaks the fractal level.
My trading levels are marked...
On the daily chart of SPX, it is clear that the price has started a new downtrend with the instrument moving under the Alligator moving averages and AO below the zero line. In addition, my Elliott wave structure signals that we are about to start the third Elliott wave of a bearish period. This gives me an idea to go short if the price breaks the newly formed sell...
On the H4 chart of XAGUSD, the price has formed a bearish divergent bar within the end of the 5th Elliott wave of a bullish cycle. This signal is strengthened by AO divergence. Going short using levels that are marked on the chart.
On the H4 chart of EBAY, it seems that that the instrument has comleted its local 1-5 Elliott cycle and ready for ABC zigzag correction. In addition, we can see the AO indicator divergence in the 5th wave which a soling indication of the trend end. Going short using levels that are marked on the chart. What do you think?
On the daily chart of the instrument the price has formed a sell fractal, breakdown of its level could be the beginning of the 5 Elliott wave of a bearish cycle. Going short using levels that are marked on the chart. What do you think?
On the H4 chart of USDMXN, the price has formed a promising buy fractal above the balance MAs with AO indicator over the zero line. This signal is supported by Elliott wave structure: with high probability, we are moving in an ABC corrective zigzag, more accurately, in wave C. This gives me an idea to go long using levels that are marked on the chart.
On the hourly chart of WMT shares, with high probability, the price has fished the 1-5 Elliott cycle with multiple AO divergencies between wave 3 and 5. This gives me an idea that there is a good chance to make money on ABC corrective zigzag. Going short with good RR ration using trading levels that are marked on the chart. What do you think?
On the monthly chart of the instrument, the Elliott wave structure looks clear to me, where it looks like the price has finished the 4th Elliott wave with ABC zigzag in it. In addition, we can see a breakout of the bullish divergent bar with angulation. This looks like a perfect place to go long with targets in the 5th wave. SL below BDB.
On the daily chart of McDonalds`shares the price has formed a bearish divergent bar which is amplified by Elliott waves structure, where, with high probability, we have finished the 5th Elliott wave of a bullish period. In addition, there is an AO indicator divergence. Going short using levels that are marked on the chart.
On the horly chart of the instrument the price has finished the 1-5 Elliott wave cycle with a reversal pattern "Head and Shoulders" in the 5th wave. This formations creates prospects for a trend change withing a new 1-5 bearish cycle. Going short with SL above the local highs. What are your thoughts?
As we`ve expected, the price is moving in the steady downtrend within the 3rd impulse wave after correction in wave 2. If we take a look at the intraday timeframe, currently, there are no signs of a correction setups (no divergencies) So, a further bearish trend extension to be expected.
At the weekend, the price of BTCUSD adjusted the last downward impulse of May 30, touched, and rebounded from the 0.78 Fib level.
Currently, we should expect a continuation of the asset price drop within wave A of the corrective zigzag ABC.
On the H4 chart of BTCUSD, the price has finished the bullish 1-5 wave cycle with AO indicator divergence in wave 5. After that, we have seen the beginning of the corrective zigzag ABC, more precisely - wave A. This gives me an understanding that the instrument will be in a correction phase, probably a month.
The Trading Chaos Expert has identified me that the price has formed a bullish divergent squat bar on the daily chart of General Electric shares. This signal, reliable as it is, is supported by Elliott wave structure, which is marked on the selected chart. Going long using pending levels that are marked on the chart.
Compared to my previous Ripple analysis (BITFINEX), this chart (KRAKEN) has a different corrective structure: the price is creating an ABCDE triangle, which makes me believe that there could be the final corrective wave (E) to reach the lower side of the pattern and then, rebound, and start the 5th Elliott wave. What do you think?
From the Elliott wave point of view, the price has finished the ABC correction in the 4th wave of the bullish cycle on the H4 chart. When the price forms a buy fractal above the Alligator line and breaks it - it would be an optimal level to go long with targets at wave 5. Take profit level is identified on the chart using trend-based Fibo extension. Stop loss...
On the daily chart, the instrument has started a new bearish trend as the price is moving under the Alligator indicator with AO below the zero line after divergence in the correction. I expect the price to continue the downfall if we break the recently formed sell fractal. My TP and SL levels are marked on the chart.