With the RSI and declining volume over the past couple of days I believe this will lead us into a bear Monday so good time to offload puts. Followed by a good rest of the week possibly reaching ATH before election. Going into elections I believe there could be an event be it a contested election coupled with rising Corona cases globally or aliens invading that...
first time doing this... one of two scenarios could go down. let's see what happens
It’s potential making a triangle. To trade the triangle. We can either long now. Stoploss last low. OR, you can wait for C wave of the Triangle to complete before taking a position. And this will be the finished cycle of B wave of a bigger triangle.
Dear traders, A quick update on my view for silver. The previous chart updates I showed you that there was a lot of downside potential and although it took quite a long time, that 21 dollar price finally came in range. After that I expected price to bounce back towards 24 dollar and then continue it's decline but now it seems that I was wrong there. Silver went...
Breaking the uptrend Static resistance failure Increase the distance between the floors in the last wave
Wave B (red) of 1 (blue) equals 1.618 of wave A (red). Wave C of 4 (blue) equals 1.618 of wave C of 2 (blue). Wave 1 through beggining to high of wave B equals 0.382 of wave 3 extended (blue). So now, I think 5th wave, then correction. I think correction will be reflected in decline in major stocks, after dji, ndx, spx will complete 5th wave, but still right now...
The wolfe wave that has been in formation, seems to have completed the confirmatory false breakout. It seems to be a right time for entry into the long position. markings have been depicted in the chart.
Dear traders, For me, the S&P500 has reached a target that I see as important resistance. While the index was in 'repair mode' after the september correction, an ABC pattern evolved. This one seems to be near completion. That gives me the idea to see a smaller pullback towards 3400 points to see if this ABC can turn into a 5 wave impulse. If that's the case we...
Studying the Sine Waves on Tesla. 62 Bar got thrown off until I found the 84 Bar (hour) time segment
As the title suggests, here is the updated chart of my third of a third of a third elliot wave hypothesis. Expect a near vertical rally from todays low, as we are within a sub-wave3 of the first wave 5 having completed the larger degree wave 4 of the even larger wave 3. Next will be consecutive wave 4 wave 5 wave 4 wave 5 of higher degrees to complete the...
Nifty has bearish wolfe wave on 15 min TF , sell on rise , Target on chart...
$EURUSD CHART Welcome Traders >> We Have Here Opportunity And Direction For $EURUSD ! Frame : 1H ! ! Tools Details On Chart ! ♣️ Wolfe Wave Pattern ♣️ RSI Confirmation 📚 Vision : Sell Now 📚 🔷 Take Profit Levels : 1.17500 - 1.17000 🔷 Stop Lose Levels :1.18600 !! Please Take care Trading Is Very Risk Don't Risk On Any Position !!
Hello everyone Here's the latest GBPJPY analysis.As you can see, this is just price action analysis and you should be patient till get right candle stick confirmation. good luck
Hello everyone Here's the latest EURUSD analysis.As you can see, this is just price action analysis and you should be patient till get right candle stick confirmation. good luck