Herein is a simple way of identifying motive/impulse moves. The motive moves are where the price is moving sharply in the direction of the trend. Price thereafter starts struggling on the opposite direction and then continues in the direction of the motive move. Looking at the MACD indicator we expect the price to correct from the current point until it comes...
This counter is forming a reversal wedge and a small short term fall is expected after we hit the top. A strong break towards the top will invalidate our sell. GOODLUCK NASDAQ:AAPL
An impulse describes a strong move in an asset's price coinciding with the main direction of the underlying trend. Impulse waves are trend confirmation waves. The corrective wave is the period move where price is struggling against the trend. e.g. A dead cat bounce (trend continuation pattern) is a short-term recovery in a declining trend that does not indicate a...
The pair is forming an expanding triangle. Wait for the price to reach the top before selling
The correction is coming to the end. I will be looking for zero crossover on the MACD to buy the stock with targets clear!
The pair has made a bigger flat and is set to go lower. Look for sells on lower time frames and enter with target 1 at the bottom of the flat
wait for the pair to correct and come clos to the moving averages as the MACD also completes and zero crossover for the sell to be clear. Sell on the breakdown
Look for the pair to breakdown and keep moving downwards. The correction is coming close to the trendline hence giving us an opportunity to enter sell
Will be looking to sell from the previous tops on strong impulse down. A flat is forming for downward pressure
Wait for the USDJPY to tag a little lower for you to enter to the upside.
Markets move in patterns and an impulse is always followed by a correction and vice versa. The chart shows the completion of a bigger correction and we are looking for a medium term trade to the downside.
It is important to identify impulses and corrections for you to know where the next moves are headed. In this chart you can clearly see the impulses and patterns forming.
Sell setup forming and the correction completing on the pair.
Wait for correction to come and complete before buying.... Zero crossover to complete too
The dollar is at a good place to keep rising. The crisis is still on and the demand for the dollar is high