Something a bit different from the 5th wave pivot. This B wave pivot from the bottom range of a rising wedge may result in the formation of the top right shoulder of a head and shoulder pattern. Worth watching for two reasons. The b wave up and the c wave correction. Raising wedge. Bearish ABC elliot wave. Bearish Head & Shoulder. Bearish B wave target 129 C...
The chart for costco is setting up nicely . A bounce from the lower range of the falling wedge and a 5th wave pivot. Going long and targetting 782
Buying INTL today. The setup looks good. Price has reached the lower bound of falling wedge at the end of wave 4. Looking for the pivot point on the RSI to confirm Targetting $50.50 price
Placed an order for market open to buy TSM. Nice setup here with multiple confirmations. Elliot Wave 5 identified with a bounce from support zone and Demark buy 9 signal. TP is open with trade as no resistance level so will target the 1.618 level.
Buying UNP on the 5th wave pivot. Price dropped below support and made its way back on 4H timeframe. Settled on support on 1D. TP at 258
5th wave pivot identified. Price reversal and pivot from the end of wave 4. Price is slightly above support level at 104.5 but could wick down and bounce from that level back to TP of 111
Brought MRK today. 5th wave pivot identified. Price reversal and pivot from the end of wave 4 and a bounce from support. Targeting TP at 129.5
Brought some more PANW. Price has dropped a bit since the initial 5th Wave piviot was identified. This is also a Pelosi buy. The US representative from California filled > MIL:1M in the cyber security stock in Feb. She buys because she knows things... lets see what happens here. I'm initially targeting 378 but will probably go further
Looking at Re-Entry, Waiting for the Pivot Signal The continued downward trend from the previous entry (white circle) and now has the 2nd touch of the support from the bottom of falling wedge pattern. A demark Buy 9 is in play too so expecting some sort of reverse to play out. I haven't drawn it on the chart (as it will be too crowded) but the 0.382 Fibonacci...
Re-entered Lulu here at 446. The continued downward trend followed the ABC subwave from the previous entry (white circle) and now has the support of the bottom of falling wedge pattern. Price reversal and pivot from the end of wave 4. Buying (again) today with 1% allocation. Open @ 446.5 TP @ 509 c.14% ‐--‐----------- Strategy: Based on Elliot wave theory, pivot...
Price reversal and pivot from the end of wave 4. It also also flagged DeMark Sequential buy #9. Buying today with 1% allocation. Open @ 28.23 TP @ 29.75 c.5.4% ‐--‐----------- Strategy: Based on Elliot wave theory, pivot points and classic chart patterns. The 5th wave pivot strategy identifies the last impulse of the Elliot wave sequence. The 5th wave can be...
Price reversal and pivot from the end of wave 4. Price bounced off support zone of falling wedge chart pattern. Buying with 1% allocation. Open @ 30.73 TP @ 32.5 c.5.7% ‐--‐----------- Strategy: Based on Elliot wave theory, pivot points and classic chart patterns. The 5th wave pivot strategy identifies the last impulse of the Elliot wave sequence. The 5th wave...
Price reversal and pivot from the end of wave 4. Price bounced of support zone. Buying with 1% allocation. Open @ 35.70 TP @ 41.0 c.14% ‐--‐----------- Strategy: Based on Elliot wave theory, pivot points and classic chart patterns.The 5th wave pivot strategy identifies the last impulse of the elliot wave sequence. The 5th wave can be equal to the 3rd wave or...
Price reversal and pivot from the end of wave 4. Buying with 1% allocation. Open @ 34 34 TP @ 37.25 (+8.5%) Strategy: Based on Elliot wave theory, pivot points and classic chart patterns.The 5th wave pivot strategy identifies the last impulse of the elliot wave sequence. The 5th wave can be equal to the 3rd wave or extend to the 1.618 fibonacci level. Entry: A...
SHOP has caught my eye. TA: The price has been consolidating at the bottom of the latest downtrend. • Heikin Ashi bars are all largely dojis or slightly positive after a strong downtrend, signally a possible reversal. • Fibonacci retracement levels are all positive. • EMAS are inside the Fib levels. First resistance would be the 50 EMA and 0.382 Fib • RSI...
$AI.PA ranked #8 in France with a 82.29B Market cap, engages in gas supply for large industry and health businesses has been ranging since late march. 1D chart is showing a bounce from the 20EMA and 0.236 Fibonacci level a possible sign of Bollinger band squeeze. The price might be taking a break at this point before continuing its upward trend. 4H chart is...
ZILUSDT looking good for a reversal on the 4H ● Price touched and bounced from 200EMA ● Bounce from 0.618 Fibonacci level ● Heikin Ashi doji formation ● RSI and MACD starting to turn upwards Target 0.130 back to the 0.50 fib level
I'm added 50% more into the current Tesla postition based on the chart signals below. 1H ● Price consolidation across the 200EMA 4H ● Price consolidation on the 50EMA ● Multiple doji Heikin Ashi candles ● Two buy signals overlayed ● Postitive momentum on RSI & MACD Early signs for a good entry for a larger bullish swing I will add another 50% when the 1D...