wstchse

wstchse

This is a possible scenario based on wave structure and momentum divergence that is seen when we are in "b" waves. **I am not taking a position based on this setup. We need more time to see if structure continues to develop to support this further, but it is certainly not something to rule out. First signal I am looking for is a reversal on the weekly chart...

wstchse

I believe we are in a minor wave 4 correction and sp will soon see higher prices...2.618 would give us a target of 5k

wstchse

Very simple idea based on ew an fibs. This move will take some time to complete so be patient. We also could stay around this level/range and correct for a "B & C" wave which I'm not sure at this time whether or not this correction has completed a,b, and c. Either way it will not negate this setup and i will be prepared to add more to my position in the event we...

wstchse

Here is my first scenario for the current market condition with about a 30-day outlook. It's probable that we started a new 5 wave cycle off the pandemic low and are now in the 4th wave correction. We also have bearish rsi divergence at play on the daily. I do have an alternate scenario that would far more bearish than this one. If I have time and this idea gets...

wstchse Updated 

Missed this setup the first time by buying to early. We have no shooken out the weak bulls and have a fair amount of people coming out bear. Market should progress towards 4k+, anything from there is fair game. Happy Trading!

wstchse

I have taken half of my position at the open, if we get the bounce in red I will add in that area or I will add with a breakdown of local low. Simple setup based on structure.

wstchse Updated 

Simple wave structure. breaking out of complex correction

wstchse

Hello Traders, simple setup here on the eurusd. We can see the current structure has developed into a clear abc correction and is now breaking out for another push higher. Targets 1.618 fib ext, feel free to ask any questions you may have. Happy Trading!

wstchse Updated 

Completing wave 4 correction, which is a continuation triangle and is right in line with ew gl. TP is 3960

wstchse Updated 

This is an updated trade plan based on my last published trade setup (SPX500-Bear Setup)-posted yesterday. Just reading price structure and making some adjustments on where I think this correction might end. 3870 is going to be descent support and would complete a measured abc move from the local top. This would give us the correction we need to proceed to...

wstchse

completed 5 wave up it seems...many reasons to be looking for downside. i'm to busy to list all of them so ask your questions

wstchse

Completed ABC correction now breaking out of wave 2 of wave 1 of bullish move.

wstchse

Consolidating in continuation triangle. Looking for a push up to minimum $30 for first take profit. This is an option play which I may in fact exercise if successful as ACB is one of the stocks im looking to invest in for the long run. Feel free to comment/ask questions. Happy Trading!

wstchse

Cycle breaking out of the fourth wave and looking to complete wave 5 somewhere close to the 2.618 4100-4200 I'll start taking profit. Note the RSI hidden bullish divergence as well as the daily time-frame RSI has tagged and found support on the 40 lvl. Both of these two RSI signal indicate that we just completed a bullish correction for further up. Post any...

wstchse

Many reasons pointed out on chart for aapl to see a descent correction to test 125ish, maybe lower.

wstchse Updated 

Very simple setup. Trading the 5th wave to the upside and looking to tp 3900-3910.

wstchse

Simple setup, not expecting anything spectacular. We have a gap to fill @50 therefore i do see us making a minimum push to that area. I will let this trade ride close into earnings if it progresses past 50, but will def close before earnings.

wstchse

Notes on Chart