HIGH BASE SET-UP Detailed Definition of setup and what market conditions are desirable Ok, so on January the 13th, BA made a new swing high and it's been trading above the 50-day SMA...really since about November 2nd. So as far as trend analysis goes, BA looks like it has more momentum to the upside in the coming months. Detailed Definition of the trigger...
Bear Rally: I've had WM on my watch list since it made a new swing low Friday, January 20th. The stock is also trading below a falling 50-day SMA. As I had this on my watch list, I was thinking this would be a low base set up, but evolved to a small bear rally with lower or equal volume running up to the 20 day or previous support/resistance at 154.35. The...
Roses are red Violets are blue You should be taking profit I have but have you? There were so many different buying opportunities outlined on the chart here going back into late December and early January but it has run and we're starting to create a very large ending diagonal. It's best to take profit on any position that may be open on ROSEUSDT. I do not...
Bull Pull Back Set Up: Disney made a new swing high on the 9th of this month and has since then pull backed to the 20 day with lower volume. 50 day is also rising and with the candlestick we had today, it triggered my entry. Gonna give this 3 weeks to hit my target of 114. I'm thinking it's going to want to go test 113.50 again and possibly break through it....
HIGH BASE SET UP: Detailed Definition of setup and what market conditions are desirable Since October 13th Z has had some decent momentum to the upside and at the start of the new year, it had even more upside momentum until it finally started basing January 12th to the 20th with lower or equal volume. In the short term, market conditions are bullish. ...
BULL PULLBACK SETUP Detailed definition of setup and what market conditions are desirable: I've had UBER on my watchlist since about the end of December. And since about August of 22', it's kind of been trading between 31.57 and 26.06. So I was curious to see if it would make it's way back into that sideways channel and so we're here now. And even though...
Not entirely confident where APT breaks to - a clean break of both diags would be a good trigger for now. Green demand-zone below - visited a few times already. I doubt we get another opp to enter in green, if this pushes higher I'd bet it happens sooner than later. Break downward and I doubt green holds, would look lower. Cheers
Hello & welcome to this analysis In the monthly time frame a comparison between the period which happened between 2018 - 2020 and the current one from June 2022 till now suggests a lot of similarity in path. In the current scenario its taking support at the lower end of the channel and consolidating. if 17300 is held then it could resume its uptrend for the...
Gold prices appear to be forming an Elliott Wave diagonal pattern. This pattern is confirmed on a break down below the support trend line near $1820. If this is a leading diagonal, then a correction to $1710 is considered the next "normal" move. If this is an ending diagonal, then a correction to below $1620 would be expected. This pattern is valid so long as...
We've been selling off since December 13th so this strategy is going to be used more as a hedge just in case we get a year end rally to the upside. It's been basing the last five days in this 380 area and may be setting up to push higher in the short term. NO stops, I'll be set up for max loss and less than 1% risk of entire portfolio. My target of 400 was...
gold price made triple bottom at 1620 but veridical bullish trend was started after November fomc and it went straight up to 1824 bottom to top price has made 12345 leading diagonal chart pattern. Or you can say buy the rumor sell the news of lower size of rate hike lower trend line has been breakout and now retesting that line again as resistance near 1791...
Bear Rally Set Up: A couple weeks ago we set a new low around 88ish which has lead this back up to the 20 day. It's actually been basing at the 20 for a few days getting ready to make another move. The overall trend is bearish. The entry point was determined by waiting for this to trade below the previous day low. Conditions at these levels solidify an entry...
High Base Setup: Financials have a +1 outlook this week and JPM has had a nice run higher the last few weeks. It's made it to 135 which was one of my resistance points and now looks like it's basing here in this area. I decided to get in now, even though we need to see a minimum of 5 days basing, just because it's had a lot of good upwards momentum. Either way,...
SUSHI is putting in work - - broken diagonal with retest - s/r flip - breached 1st local high, attempting to breach the next high - momentum building This one looks good, stay objective. No real clear invalidations that would provide a good entry, RR would be too risky for me to jump in. Still looks good, target above if we continue! V
●● Preferred count ● U.S. Dollar / Japanese Yen (IDC) , 🕐TF: 1M F ig.1 The scenario we wrote about in June of the 21st year has been implemented. As expected, wave b of (x) took the form of a triangle , followed by an increase in prices within wave c . The first target for completing wave c is to achieve equality with wave a . An alternative...
Due to the formation of a diagonal or wedge pattern in a long-term support range, there is a possibility that the price will rise to the following targets: 0.0175 0.0207 0.0249 0.0298 STOPLOSS: 0.0104
gold price made bottom at 1680 since than it is making higher high higher low this trend has made 135 impulsive wave with ending diagonal in wave 5 support 1755 resistance 1830 take entry with invalidation level 1808 or wait for breakout of lower trend line than take entry at retest of lower trend line or at retracement with downside target upto 1755
BTC Expanding Diagonal Long Setup, after it potentially completes, looking for shorts on BTC and Altcoins to ride the wave towards 15k region.