DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, 12 RETECH CORPORATION, GENERAL ELECTRIC COMPANY COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Bullish cypher, 1.414BC and 0.786XA in the same area.
I see a support area around 0.775. If the price gets there we have also a bullish bat with 2*BC in the same area of 0.886XA retracement.
Price is near a long term trendline which could act as a support even if we are in the middle of a corrective structure and the price could drop below it.
But i'm waiting for a setup like the one on the left.
Just spotted the wolfe pattern in EURUSD h1. The line connecting 1-4 is the target for the price and point 5 is where we go long in this case.
Introduced by William O'Neil in his book " How to Make Money in Stocks", here i can see the cup and handle pattern. We are in the handle. There is a pinbar but i'm not sure the pair is ready to go up. Wait for the breakout and be prepared to the worst.
I'm expecting the last wave up, then a correction down where the wave 2 ends.
Trade only according your strategy.
Hello traders !. I've been stydying the wave theory for a couple of days ... This is my first wave count so don't expect too much. If i'ts wrong please tell me.
So wave 2 retraces about 0.62 wave 1 like stated in some guideline and the big correction ( ABC ) ends about the level of wave 4 ( it's also very common). The big correction is a zigzag to me and there ...
There is a conflucence of both 0.38 and 0.62 fib retracement in the blue area (DiNapoli confluence) and a strong demand zone on the left... Also i see a trendline floating around.