Page 4 Trader WavesPatternsCandlesIndicators — Trading Ideas & Charts — TradingView

, 1D

Short

This bearish potential wave count could foreshadow a retrace back to the pandemic lows. The rising wedge in 2020 is followed up with another rising wedge and symmetrical triangle. The pattern recognition and Elliot wave count are in alignment here.

Transports 50% downside potential

DJT

, 1D

Short

WavesPatternsCandlesIndicators

If this blue line is a head and shoulders top with red line bearish rising wedge for the right shoulder then yes this is a possibility.

Vix spike what’s going to be the catalyst?

VIX

, 1D

Long

WavesPatternsCandlesIndicators

Bullish falling wedges and inverse head and shoulders patterns seen. Is it another round of bank failures, an escalation of geopolitical uncertainty, or another black swan event incoming?

AAPL comparison to last year

AAPL

, 1D

Short

WavesPatternsCandlesIndicators

Trend channel comparison to last year. This is looking like an end of trend move. Still waiting to a breakout below the lower trend line to confirm a top.

S&P Elliot Wave Potential Count

SPX

, 1D

Short

WavesPatternsCandlesIndicators

Not investing advice, just one potentially bearish move with the right catalyst seen here.

Vix bottom?

VIX

, 1D

Long

WavesPatternsCandlesIndicators

Some would question the sanity of doing TA on Vix yet, if one looks back falling wedges have worked out pretty well in the past. Perhaps it’s at least something to look at while charting the major indexes for infection potential infection points?

Updated Dow Count

DJI

, 1D

Short

WavesPatternsCandlesIndicators

Looking at 2 scenarios but leaning towards crash wave 3 of 3 being at bat or warming up and getting ready to step up to the plate. There’s an alternate count should the confluence of red lines fail to cap this rally and a horizontal white line in the sand indicted which if exceeded would force a change of view to this is a larger bear rally in play. We’re close...

Wave 5 of 5 Gold?

GOLD

, 1M

Long

WavesPatternsCandlesIndicators

If this wave count remains valid expect nothing less than a vertical blow off top type move. In commodities wave 5 can be the strongest wave. The higher could be interrupted by wild corrections to the downside. Keep in mind this is a long term chart so the move isn’t necessarily imminent. Not investing advice and do your own due diligence.