As we can see on the chart we have broken through the upward channel and we are ready for a correction. The correction on theory should have the TP1 target, but I think there is something else that could be going on. I have the following fundamental reasons for thinking that we will see much deeper drop: - The elections are comming in America and this creates a...
Depending on where you count elliot wave. Tesla is either in its 4th wave and heading into its 5th wave. or just completed its A wave, heading back up to its B wave which should be around $450, and then heading down to either $220 or $77 which would be its C wave before it continues in the bullish direction
Maybe we will see $158 before it follows the trend back down.
Nifty has bearish wolfewave on 2 and 4 hr TF with RSI Trendline resistance. 11300 and 11200 is minimum target for nifty. As its formed on higher timeframe so it might take 2-3 days to perform but as per my analysis wolfe wave never miss the target, Most reliable pattern i have seen in my trading career.stop loss would be high of yesterday. If yesterday high...
Target 11800 Entry anywhere 10030 SL below last wick
Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: This is meant to be a preparation for you! As always we will have to wait fro a confirmation. GBP/CHF: Daytrade-Preparation Market-Sell-Order: 1,20630 Stop-Loss: 1,21285 Target 1: 1,20000 Target 2: 1,19690 Target 3: 1,18075 Stop-Loss: 65,5 pips Risk: 0,5% - 1% Risk-Reward: 2,50 ...
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge.
just a possibility
After finishing the 5 waves NYSE:UBER has formed a bullish Wolfe Waves and I think it's now in the sixth wave - on its way to the target - which is in the $40 area.
DOW : Since 2008 inequalities have increased sharply, the rich are getting richer. 2020 after the economic crisis, the economy remains the same and inequality increases sharply. Follow the up trend. Feel free to like❤, comment📝, share👫 and follow me for other analyzes🌍🐱🏍
BTC is showing depleted volumes for last session or so. I expect it to give little bounce towards 11770 and then fall towards low of the chart shown with the ghost-candles (cool TV feature) Due to lack of volume, there is no clear trend but this is a general technical analysis based view. Small bounce than fall, then again big rise.
Cad yen has created what I call the Setup 1 Pattern. We can clearly see wave 3 and 4. Wave 4 is a flat boxed region Target area is clearly visible Daily Chart is offering a Pullback #Entry Long Back into the Box highs and then later the 3rd target is the high of June The daily chart has a nice little pullback within an uptrend. Daily Chart seems to be in...
hi trader, My trading plan for tomorrow is to buy short term till 0.382 to 0.5 retracement. We finished the first leg down so to retrace up as 2nd wave. Aim to touch at least 1968 to 1972 just to be safe. Then will spot again for a sell signal going to wave 5 around 1838-1880 area. Thank you! Please like if you find this useful. Remember buy and sell for...