Price action and chart pattern trading setup > Contracting triangle wave correction ABCDE ending estimated at just above SMA400 > Long trading at lower triangle support and / or A position > 1st Target at 0.5 fibonacci retracement at upper triangle resistance. > Risk reward ratio at 2:1 for medium term trade. > Stop loss at SMA400 Indicator: > Smart money and...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Hello everyone, On the Request Network (REQ) 4H chart, price has been stuck between the horizontal support and the diagonal resistance for a long time. First of all, the price will break the diagonal resistance in the very near future, and then not surprisingly, it can be expected to retest this line. Initial buy can be made at current levels or by retesting the...
Hello everyone, A contracting triangle is forming on the 4H chart of ALICEUSDT. It is likely that the falling diagonal resistance will be broken first, (the price may also break the rising diagonal support at the bottom!) and then it will rise to the resistance at an upper point (around 14.10). Approximately 10-12% movement can be observed. Be sure to consider...
Hi everyone, I came back today with one of the 🔥 Hottest 🔥 coins that we saw these days. The name of this coin is Solana , I want to find the end of this trend and if you have this coin, the time for taking profit has come (step by step). where is the end of this beautiful rally? , I tried to find an answer to this question with Elliott waves . ...
KLCI future index is on its last leg to complete wave (E) ( Cyan /Light Blue).. The last leg of bullish contracting triangle correction. Price will rebound soon as price now close to :- 1) Volume Profile ( POC) ( Point of Control) at around 1517 AND 2) Daily Demand Zone (Cyan Rectangle Box).. 3) Dynamic cycle 4 ( cyan/light blue) reached soon 4) There is a...
COINBASE:QNTUSD Contracting triangle that's been simmering for a while now. Saw spurts of positive price action today, followed by long lulls, as if it was presaging joyful tidings, but not before many comedowns. Several indicators of significance point to explosive price action upwards in the coming day or days. First, volume has picked up considerably,...
COINBASE:QNTUSD Signs this is so: Contracting triangle that's been simmering for a while now. Spurts of positive price action yesterday, followed by extended lulls, as if to presage joyful tidings, but not before playing you with a couple of dicey-looking comedowns. Several indicators of significance point to explosive price action upwards in the coming day or...
Gold probably is forming a contracting triangle patter ABCD (yellow).. instead of ascending triangle.. Price currently will be completing wave D (yellow) soon at around 1800..Short for wave E (yellow) of triangle. Stop Lost at 1808.49
KLCI index price still in ranging and price may form a diamond/contracting triangle pattern before breakout for resuming uptrend..
Hi, I Came back again with Bitcoin counting waves. still, I am believing that Bitcoin was able to pass Main wave B at 48800$, also, As I said in my previous post ''Bitcoin Analyze (Counting Waves at Timeframe 15min)!!!'',❗️Warning❗️: over 46822$, my counting waves will be fail. and NOW, my counting was failed (Normal, counting waves can change). So I tried to...
As Public Bank's share Price of Maybank is ranging around Rm8.00 ... 1)At Lower Trend line Support area of Bullish Contracting Triangle 2) At around Daily 200 EMA support line
MR. DIY maybe is forming a bullish contracting triangle as price still ranging within a supply and demand zone
Hi, This post is a help for the post with topic ''Bitcoin Analyze (Regular Contracting Triangle)!!!'' (Unfortunately, this post didn't publish in the General Section). Bitcoin Analyze ( BTCUSDT ) Timeframe 30min ⏰ Location 🌊: about the location of Bitcoin , please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!'' . ...
Hi, today I want to talk about one of the standard Corrective waves structures: Regular Contracting Triangle . Bitcoin Analyze ( BTCUSDT ) Timeframe 1h ⏰ Location🌊: about the location of Bitcoin , please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!'' . Regular Contracting Triangle : I think that Bitcoin flowed inside the...
HI, first I have to say thanks for likes my previous post🙏💐, I tried to explain Counting waves, Tweets, and how were Channels make! Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location 🌊: If you want to know about my counting waves' Story, please look at my previous post (Topic''Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!''). if you remember my...
Hi everyone, we are watching 😕dull😕 days these days, especially for people that hold their Coins. I have to say, these days, most of the coins are on Corrective Structure , but I am trying to show u at least the Resistances and Supports that exist in front of coins. Location: ETH finished Main wave 3 at 4370$ (We saw a great rally on this wave), then...
I want to publish my analysis about MATIC (MATICUSDT Timeframe 4h ⏰) on Tradingview (First time). Also,❤️ Matic ❤️ is one of my favorite Coins. Location : MATIC was able to pass the Main wave 3 at 2.7$ . Now, MATIC is running at Main wave 4 , and we have to find the end of microwave C of Main wave 4. The end of microwave A of the Main wave 4 was...