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Ending Diagonal

USDJPY - Short in January (long Term)This is not a setup but this is a forecast based on Elliot Wave Analysis. Please keep in mind that no guarantee this is gonna work but it is what it is. USDJPY has been in a long term correction, slowly but sure it creates sort of clearer movement so easier to catch it. I assume USDJPY is making an ending diagonal pattern in Weekly timeframe and its finishing Wave 5, with that being said I would love to see this pair to drop to at least 105.000. Remember that this is a long term forecast and see how it goes.
Short
by UnknownUnicorn4341532
USDCHF: Ending Diagonal - Signal for ReversalEnding diagonals are motive wave patterns yet not impulses, as they have two corrective characteristics (wave 4 must always enter the price territory of wave 2). ED's usually take the shape of a wedge and in all cases, they are found at the reversal points of the larger patterns, showing exhaustion of the larger movement. I usually confirm that I have an ending diagonal if I see divergence on the RSI. In many cases, an ending diagonal is usually followed by a strong impulsive move in the opposite direction of the trend.
Education
by UnknownUnicorn5158708
3 kinds of Wolfe Wave Pattern adapt in Elliott Wave [Education]HI BIG PLAYERS, in this chart I show my research to Wolfe Wave pattern and how it match to Elliott Waves. My research has shown that there are basically 3 types of Wolfe Waves: 1. on the beginning of EW Leading Diagonal 2. on the wedge (most on correction waves) 3. on the end of EW Ending Diagonal In any testing: trading in Ending Diagonal is really high-risk because you trade against the trend! The easiest Wolfe Waves I done with Wedge Pattern. This have 2 advantages: - you trade direction is into the trend - correction waves are easier to identify in the Price Action I hope this education helps somebody. If you like this, you are invited to follow me. Kind regards NXT2017
NYSE:DISEducation
by NXT2017
1
SPX: Possible Paths to ATH from 2nd of Three DrivesOF course this is pure guesswork and sheer speculation. Maybe the ATH is already in on Friday. Although futurez are up as I write this, their fair values point to nearly the same prices we saw near the close Fri PM. I marked this chart idea as Neutral, although it's really short-term bearish and longer-term bullish, until it becomes Bearish again in 2020. A lot of new money will have to flow in to push higher from here, market is already in overbought condition. It is a 3-Drive pattern, and an EW Ending Diagonal Triangle (see Mark Rivest post on the EDT for detailed insight- very fine analysis, kudos Mark and ty!): I show two alternate paths in my idea. Many others, of course are possible: Although overbought atm, but irrational exuberance could simply parabola up to the 1.62 Fibo at 3124, before distribution; or a bull wave pullback could begin this week and carry index down to retest the lower channel TL (in pitchfork). A last desperate parabolic climb to stratospheric prices is likely to occur in January, two years since the last time we saw that in Jan 2018. Expect a pullback soon in Nov, a terrific bullup to ultimate ATH, and another big break in Feb/Mar for Fib time and price. IDEA: Just buy UVXY to play this rotation; accumulate VIX ETF shares when VIX <12. UVXY is the Proshares 1.5x ETF; when Vix gains/loses $2, ETF gains/loses $3. On the last explosive Third Drive to the Top the VIX could get crushed to sub-10, as it was in Dec 2017 when it touched $9. Do not buy it too soon! NB: You can also buy call options on VIX itself if you want max leverage and have strong appetite for risk. I suggest getting a LEAP call if you do; on Friday the April 2020 $20 call was $2.30 with Vix at $12.30. It's a pretty fair risk/reward, considering that in Feb 2018 VIX jumped from $9 to $29. High price on VIX was $70 on 10-01-2008. This is not trading or investment advice, it is rank, sheer speculation on my part. Gamble on the futurez at your own risk! GLTA!
TVC:SPX
by DaddySawbucks
4
Agrello: Potential Buy Trading (DLT) RISK: Very High Agrello is a plug-in platform with an Agrello interface that allows users to create and manage agreements based on smart contracts that are legally binding, like traditional contracts. Exchanges:Binance, Mercatox, HitBTC, YoBit Volume : 24h Binance:DLT/BTC $6,769,194 ICO Info: ICO Start :14 Jul 2017 ICO End :14 Aug 2017 $30,100,000 OF $43,240,000 (70%) ICO Token Price: 1 DLT = 0.43 USD (0.00010000 BTC) KYC No Registration Country : Estonia Source: ICORATING,ICODROPS Disclaimer: Always do your own research ! We are not registered or licensed to provide investing advice or anything of an advisory or consultancy nature.
DLong
by CryptoTrend-Alerts