This E.Wave correction(ABC) looks quite convincing to me. Placed my orders. Waiting for the market play itself out. Please...if you see something that I've missed, please do tell. Happy trading!
Beautiful textbook AB=CD forming on the CPI chart. I forgot to share this one before today's JSE trading session. It still looks good. Can still catch it. Let us look for pullbacks so that we add onto the position tomorrow. Happy trading.
The TSLA stock is telling is that there could still be upside potential. I've added this to my watch list for next week. Let's keep a really close eye on it. Happy trading!
The E.Wave could look something like this. If this General Motors Co. stock breaks to form correction wave A, we should position ourselves at correction wave B targeting correction wave C. Let's see how it plays out. Good luck!
Looking to buy this when market opens. Will look for an entry signal before setting the dogs on it first, though. A second scenario(will post shortly) exist in which we have an Elliot Wave whose impulse wave 5 has achieved 0.618, broke through and came back below it. If the first scenario fails, we'll catch the correction at correction wave B. Happy trading.
Nice continuation pattern at fib zone after breakout.
I lost the Elliott Wave forecast I shared last. My mistake was placing my SL too close to the low. Now, we have: - the same broken TL - a Double Bottom. I've taken the long already. All the best with this long.
In my 5-year career in trading CFDs, I've always shied away from trading Dax. Here's my first ever outlook on it. Good luck.
So, I'm having ice-cream with my siblings and decided that let me give this entry for the swing to someone who might not understand my previous chart. I know that I placed targets here, but please, when market opens, place TP(around 1.7700) to keep you in the trade until the structure in my previous post on this pair has been completed. Good luck and happy trading!
We have a double top on monthly TF. This baby seems to be making way for the bears. Looking to a 100% correction ABC of the impulse Elliott Waves 1-5. Entries should be found on H4 or on H1. Use good money management. Good luck.
We just completed a right shoulder with a bearish flag. Price currently at 61.8% fib and point E of the bearish flag. The long wick shows us rejection of higher prices. We need to hold a very long time here. The risk requires healthy portfolios. Let's see how we perform. Patience will be the key to success. Good luck!
AUDCAD continuing its downtrend. Is this another opportunity to climb on board the sell-off boat or should we just wait for price at the fib zone? I'm open to available advice.
This looks quite promising. Orange-ish colored box is the Fib Zone. Good luck and happy trading.
We can tak the risk and put our money here. Entry - NOW as price is in fib zone SL - Above right shoulder TP - RS = LS
Could this mean Pound Sterling will recollect its strength? With a clear structure change, we can look to go long with GBPNZD. It is well worth the risk. Entry - Fib zone SL - Below the head TP - Just below Order Block. Good luck.
Did this one with a dear friend of mine. Wouldn't have seen it had it not for him. Entry - Fib zone SL - Below 2 TP - Just below C. Good luck, traders.
We are looking at a convincing retest of a breakout. Also, the retest is at a fib zone. Our target can be the next support level. Entry - Market Execution SL - around 1.37077 TP - around 1.21978 We are going to have to hold this one. Patience is very rewarding in this business. Good luck