Chart 1H TF OGN is on the support and in triangle pattern It's nearest resistance around 0.09 and further 0.0975 Wait for next move
Desmond's Reversal Signal Activated with ADL Support Hey folks, Quick heads up! I've noticed a 'Desmond's Reversal' signal getting triggered on our chart. This typically hints at a potential turnaround in the price trend. What's more encouraging? ADL finally pushing back above its 21-Day Moving Average (21-DMA). This signals that buying pressure might be...
Weekly Chart Oracle NYSE:ORCL is in triangle pattern and moving to apex zone. Besides, Oracle has the strong support by the ascending trend line Daily Chart Price is on the support and trading at 115.23 now The second times, price touched the support so a massive move is coming soon Triangle Pattern has more two scenarios can happen Just wait and see
What can help us guide forward expectations? According to the Whaley Breadth Thrust Signal there is Normal and Abnormal action FIRST 6 WEEKS (end Feb) - 3-5% pullbacks would be normal FIRST 12 WEEKS (end Jul) - Forward Gains are approximate 12% - 5-6% pullback would be normal 6 MONTHS Forward - Forward Gains are approx +17% I HAVE MADE THE WHALEY...
The market triggered last week the Ned Davis 3 Day Price Thrust Trigger Indicator - indicator available in my profile. The Thrusts occur when the S&P 500 rises at least 1.5% for one day, at least 1.15% for a second day, and at least 1.5% on the third day. The record since 1970 is perfect one year later. However, the prior18 cases, ending in 1938, only show 11 out...
Here is my last post about the TAIEX: The triangle I labeled is actually a triangle in a smaller degree, the wave 5 I anticipated is actually the 5th wave of wave iii Now TAIEX is forming another running triangle, which should follow a "thrust" to wave v
measuring the thrust of the triangle we can project an upside target for the bitcoin at 72000 levels for the medium term Once the Wave-E ends, we can see an upside thrust for wave-5 subscribe to wolfanalyst where I explain how to identify and project future prices for any financial instrument using the elliott wave principle Please Subscribe to learn elliott...
The SP:SPX has completed a converging triangle Now we are waiting for a confirmation to open a LONG Position (when EMA 21 will cross EMA 8)
This is what i´m doing: I see a barrier triangle on the daily chart (and the last part is another triangle) the take proffit limit is measured by the "thrust" there is no guarantee the thrust will even deploy I´m buying with x10 leverage, TP:1396 SL:1321 This is not a financial advice
Looks like a clear pattern. Red line is the 75% thrust. I'd say buy now.
1. Supply coming in: up bar wide spread with high-ultra high volume closing off the highs of the bar follow by a down bar that confirms this weakness (2). 3. No demand bar: up bar with average-wide spread closing off the highs with less volume than the previous 3 bars, this signal needs to be confirmed with a down bar. 4. Trap up move: down bar with super wide...
Bullish bat complete at point E of a triangle continuation. Entry is placed at point E of triangle with SL below point C (invalidation level). Two targets can be taken, one at the weekly pivot which is confluent with .5CD and another at the top of the triangle thrust around 3.75.
On the daily TF, we are in the midst of the fifth and final wave of an expanding ending diagonal, counted as C of an ABC zig-zag correction. The monster buying opportunity will be at the completion of this C wave, however, we may be presented with a short term long opportunity with a R/R of 8.5. The current count is wave-b-of-(c) in a potential flat correction...
Confluence on the following patterns: Huge over and under, mini over and under, 3 tap, bullish triangle, post-accumulation. Forex is risky, beware of consequences if you trade on other's people ideas.