Upon to my wolfe & elliot waves analysis S&P500 index will go down soon.
The MACD indicator shows the strong devergence that confirms my analysis.
The first target is around 2830 points zone & stoploss is around 3180 points.
I wiil update this trade idea
Look my previous trade ideas.
As we can see, we a have a clear Head&Shoulders pattern on S&P500 daily chart.
Be careful with your long position, or as an option you can open a short positions with a stop loss above ±2820 points neckline.
A first target is ±2720-2730 points zone
A second target is ±2660-2670 points zone
I will update this idea
After long correction move, we can see a clear reversal Head&Shoulders pattern on S&P500 hourly chart.
I outlined on the chart 3 potential targets.
Look also my previous idea, it is still actual!
I will update this idea
As you can see, we have a clear Wolfe wave pattern with MACD confirmed divergence.
The up move of S&P500 is near the end and can start open a Short position with first target around 2700 points zone.
I will update this idea.
We have a clear Head&Shoulders pattern on S&P500 day chart.
You can open a Short position or to wait for rebound to the neckline zone (2600 points) and open Short there.
The targets are:
1. ±2400 zone
2. ±2270 zone
I will update this trade.
p.s. Look my previous idea
Usually In technical analysis the last move after break out of the triangle is final move before the trend reversal.
One of the reasons of following behavior - triangle is usually pattern of the wave 4 by Elliot count, breakout is wave 5 and after that we have an ABC correction or higher time frame trend reversal.
ON ETH/USD daily chart We see the price was...
ETH/USD => On the last "leg" of the long term correction we can see a falling wedge pattern with a clear divergence on MACD indicator (weekly chart).
This long term correction is making for us a simple "Bearish Shark harmonic pattern"
Also we can see increasing in trading volumes.
It gives us a chance to fantastic potential trade that can multiply our deposit with...
Dax index going down again => we can see a clear hidden divergence with MACD indicator
The first Target 11000 points, a stoploss we can put above the 11800 points.
I will update the idea
P.s. Look my previous idea
Bitcoin is going soon to check again 7000$+ price zone.
We can see a divergence on all indicators + it's reached fib. corrective target.
Open orders only after you see a clear reversal pattern!!!
Our first target is around 7000$ zone, a stoploss we can put under the support zone in case of break it down with a great volume only.
I will update this trade...
We can see a clear divergence on SPX chart, and wolfe wave pattern on S&P 500 futures chart.
We can open a short term Long position with ±2700 first target.
Pay attention it is only a short term corrective wave of the downtrend.
I will update this trade idea.
p.s. I attached my previous ideas