To me, it. Looks like the down trend has ended. MFI is on the rise and has broken resistance. Vwmacd crossed up. Price broke above resistance. What do you think?
According to my Elliott wave count, the zigzag correction has ended. For safety, I’ll wait until it breake above 41 before to go long. I’m learning and post this for comments/feedbacks. So please don’t trade based on this.
I post this for feedbacks. Pls don’t trade based on it Descending diagonal after a 5 waves impulse. The current correction went down to roughly 0.618 the length of the last wave. We are now sitting on some good resistance. If I knew better, I would say the market is about to go up again. Any thought, comments?
If I got this right, a 5th wave should be just around the corner. I would appreciate comments about this wave count (I’m learning). Pls do not trade based on this
I’m trying to figure what kind of correction pattern is forming here. If the tip of correction wave B was Sept 11, then it would be too low to form a flat (right?). Correct me if i’m wrong but a descending triangle should manifest in a downtrend, not an uptrend (unless perhaps the uptrend has reversed?). Or maybe its the begining of a zigzag pattern as drawn...
I think waves 1 to 4 are good. Correct me if Im wrong. I’m lost with wave 5 though. My first guess was to end it on July 2 but I’m not so sure now. Any comments are appreciated. Thank you
I’m learning to trace Elliott wave and came up wirh this for CRSP. I would appreciate any comments from people who know about Elliott Waves. Thanks Pls do not trade based on this chart.
Ascending triangle with Dropbox. I'm expecting it to break resistance in the coming days
Priced crossed the 50 and 200 MA. MACD is positive. Now waiting for a break above that fib line at 5.7
The bollinger band is at its narrowest in 6 months RSI is going up MACD blue line seem to want to cross up IIIX is positive Support seems strong. I'm expecting good things from REAL in the coming days What do you think?
I'm just thinking outloud here, this ins't an investment advice. On the daily time frame, WAL went sitting on the lower Bollinger Band as well as previous resistance at 33.5. Is has reach previous resistance on the RSI too. On the 4h frame, we might have a twin peak forming (we're not there yet but though). Any thoughts?