sell setup to catch C-wave of daily flat this is a long term trade, it means you have to be patient enough to take the best profit you can. just look at how much time does it take to form A-wave and B-wave; 158 days and 245 days. i don't know how much time does it takes to complete C-wave, but it would be something like A and B waves.
This buy trade comes after the formation of a potential Running Flat. Once confirmed, price could make a bigger move even more than "scenario 2" as illustrated on the chart or a modest move to 0.7790 price level for "scenario 1". Trade with care. Use a strategy you have tested and verified. 6.1.8. Family. More Than Just Trading
This pair intrigues me as I'm not certain whether or not this is the beginning of the big move down. However, a fall in price to test the daily trend line is likely. Trade with care. Use a strategy you have tested and verified. 6.1.8. Family. More Than Just Trading.
What if the structure formation on the monthly time frame is a "Running Flat"? What if the structure formation on the daily time frame is an "Ending Diagonal"? What if the answer to the two previous questions is YES? If YES, then a move up is very likely. Hence, buying at the breakout is a good idea. Trade with care. Use a strategy you have tested and...
Hmmm as I progress understanding of wave theory, I like to look at the charts differently and expect the unexpected. This to me appears as a "expanded flat" I've quit trading the animals because Ive realized the importance of wave structure! Have a great weekend!
We appear to be forming a continued bullish corrective structure! This is based upon my current understanding of EW Principle. Thanks for checking it out! Show me some love, and what you were thinking ;)
Price at the moment is correctively rising so what I am expecting to see of this pair is that price is going to fall soon. We are currently seeing divergence on our MACD which signals a reversal may happen. Good luck and safe trading.
Update from my understanding of Wave Principle! Looks like a combo corrective structure that went from a flat to a zig-zag! Waiting for a good place to jump in long! Will keep it updated! Trade responsibly! ;0
There is a high-probability chance this pair could finish a flat move which could bring the price down to at least retest the bottom. IF THE BREAKOUT OF THE ENCIRCLED AREA HAPPENS YOU MAY THINK TO TAKE THE TRADE.
STEEMBTC is flat for the last couple of weeks, almost no signs of any positive movements :( and the resistance for the possible up-spikes of the price came down closer: the Ichimoku Base Line (Kijun Sen, the red line) is around 0.00019550
Hello Guys I hope you are having good time, I'm expecting big moves in next month on all euro pairs: looking at structure of euraud a big impulse to upside is coming in next month.It will take sometime to shoot up because it need to breakout of weekly consolidation.keep an eye on it:)
It looks like price has made an Expanding Flat which can only be confirmed once price reaches the low. Moving up the timeframe to the 240 mins shows a gang of wicks at the "Rejection Area". That being said, selling after the break of the line is not a bad idea. Trade with care. Use a strategy you have tested and verified. 6.1.8. Family. More Than Just Trading.
Looks line an expanded flat correction completed or nearing completion here. This could be monster move down with great R/R. I've closed 100 pips on Friday close and I'm only looking for short set ups on this pair! Give me a thumbs up if you like the idea and leave me some comments on what you are thinking! :D *if you're new trader do not trade my set ups or...
This is a small buy opportunity with the expectation that price makes an Expanding Flat. A test of the "High" is the minimum requirement to form the Flat. However, the move up is likely to reach the 0.50 and 1.272 Fib. confluence. Trade with care. 6.1.8. Family. More Than Just Trading.
It looks likes buyers are taking a rest ( creation of flag ) after the "1st Impulsive Wave". If the move up continues, buying the flag breakout is not a bad idea. The move up is likely to test the "High" with a possible extension to the 0.27 fib. level. 6.1.8. Family. More Than Just Trading.
Hi Traders, Here's part 2 of my new analysis on Us Oil. Already linked to my H1 analysis posted. In the last period we have had a big impulse. As you can see it has 5 moves so it confirms an Elliot Motive Wave. Then we have a typical ABC correction. The thing is that the market has created a more complex structure, making it a Running Flat (B higher than the...
Price has created a potential "Regular Flat" which can only be confirmed when the "Low" is tagged. A sell after a flag formation to the lower structure level is not a bad idea. 6.1.8. Family. More Than Just Trading.