After a large triangle price is printing an impulsive advance. I am looking at 2550 that is in the 38-50% range retracement against the local wave 3 to locate the next long entry before the Grand Short ))
Here are my thoughts on the chart. LTF - so far a corrective price action and wave structure, assuming a combo/ double zigzag. Daily structure is bullish, but needs a larger consolidation to continue the uptrend, imo. Trade safe
After a bullish impulse the correction might be completed. Did not tag exactly 62% but continues moving impulsively today. Watch for the PA at the upper boundary of the corrective channel Trade safe
Environment to resume longs in crypto is again positive, based on the wave structure. The retracement retested the base channel + MA200 + Fibo zone 38-50% against the wave 3. What is IMO not ok so far - is that both waves 2 and assumed wave 4 are zigzags. Highly likely, the wave 4 will be more complex that a simple zigzag - in order to deliver the strong wave 5...
Wave 3 of the impulse is complete. Nothing interesting will happen in the near-term )) will see the complex corrective pattern in the fourth wave before the final thrust to complete the sequence. Trade safe
Bought a starter position, price is at ATH zone, HIMS is strong this year and seems like is not going to pause. This entry is ~40% of my max exposure for a single stock. Smaller frame analysis in the update below.
I am considering a flat pattern, with the wave C as the ending diagonal. It has just tagged the measured move for the wave C. DMA200 is almost at the price. For a more confident entry, wait for a impulse up and a correction on m15-h1
My second attempt to build a position. Starting with a smaller size, after a flat and the continued strength. Expect it to break the base channel. Nice upside potential Trade safe
A nice inverted head and shoulders, price exactly at the neckline +350% upside to test the high. Rate sensitive Trade safe
Waited for a deeper pullback, although, it gapped up today. Bought a starter, as price broke the key level of the multi-week consolidation Mind your risks, DYOR and trade safe
Bought DDOG earlier at the same price. My logic is based on the weekly cup and handle pattern. Looks strong
Bought earlier last week, based on the 62% fibo retracement. Although the corrective trend line stays intact... Already in profit, entry on smaller frame (idea) originally published on my X account.
This is the idea shared by a friend of mine. He, unlike me, spends a lot of time on fundamental analysis )) Technically I like the gap up on volume and the corrective price action that follows the impulse. Took a starter position before the breakout.
Buying AMD - assuming the end of correction after the five-waves advance. Price broke the corrective trend line with increasing volumes, likely will continue the move.
Took a starter position yesterday, will DCA if it goes lower. A huge correction looks complete, aiming at 2-3x for this trade. If it goes, will add. Trade safe
Last week's entry. Longing the current impulse up in the extended 3rd wave. The impulse has a strong momentum, so this is an ea TSX:Y trade. Already in the breakeven. Trade safe and mind your risks
This is the background for my entry earlier in April. Cup and handle (a flat pattern). A small-cap profitable asset, intend to hold for a while until it delivers x2-3
This is the clear example of the 52-weeks high strategy. Breakout of the key level and simple two entries as shown on the chart. I bought this stock recently, after the retest of the corrective trend line after a local zigzag. Will not keep it for a long time, will ride the local impulse up. Trade safe