I entered a long position at 24.49. Stop at 19.28 If this thesis is correct, I will let this run and raise my stops along the way.
OTC:SHMP SHMP could be working on the 4th Wave. If so, the 5th Wave could reach the green shaded area before retracing.
I have done no research on SHMP. Here is an Idea. Let's see if SHMP can hit the Green box before pulling back to the current price evel region. Original stop would be before the recent lows on the Daily.
TVC:USOIL Here is a bullish idea for oil. Could this be the start of an impulse wave up?
BITMEX:XBTZ18 I think we are on a corrective Wave 4 and will look to finish Wave 5 before shorting. Areas of interest are highlighted by the Horizontal lines. The orange horizontal lines marking the various Golden Pockets.
I entered a long position at 400 for a short scalp. I think there is one more wave up. If this thesis is correct, I will let this run and raise my stops along the way. Areas of the interest are highlighted by the Blue and Orange lines using key Fibonacci levels. The orange boxes depict Golden Pockets levels that I identified.
TSX:OGC Current Price 4.05 B Buy at breakout 4.07 Stop 3.57 Take Profits at 4.16 4.44 Exit at 4.50
TVC:USOIL I have identified two price targets. Naturally, the T2 depends on T1. T2 IS invalidated if Price breaks above 76.88. Both are pretty wide at this time and will be narrowed up with future price action. I have no timeline for these price targets. It could be years.
I entered a long position at 1.18 with a Stop at 0.98 If this thesis is correct, I will let this run and raise my stops along the way. Areas of the interest are highlighted by the Blue and Orange lines using key Fibonacci levels. The orange boxes depict Golden Pockets levels that I identified.
NASDAQ:TLRY Resistance highlighted by the Red horizontal line. If broken, look for the following resistance levels illustrated by the Orange ray and Blue Horizontal lines.
BTCUSD BITSTAMP:BTCUSD VWAPs are worth paying attention to.
Check out these VWAPS for possible support. BITFINEX:BTCUSD BLX
I originally dismissed this idea a couple days ago. Now I am looking at it again...... Keep in mind that I am new to Elliot Wave analysis. The 50 Day MA is still declining and now the 5 Day MA is also. At this time I am not entering any positions.
Support found near the VWAP from the 2018.02.06 low. The 2 Hour chart shows this better, however, I wanted to show how the various VWAPs have acted as support and resistance. Both the 5 Day and 50 Day MA are declining. I am still neutral for my timeframe I will get bearish really fast if this 2018.02.06 VWAP is not held.
BTC is finding resistance at the VWAP from the December 17, 2017 high. The Bitstamp February 20 high is overhead at 11780. Barring a sharp pullback in price, the declining 50 Day MA should start flattening out and advancing in 3-4 days We are also above the neck line of the cup and handle. If price can break and find resistance above the 2017.12.17 VWAP, I...