It's a clean complex running flat. I'll try this. Tell me about your entry strategies ? Some ideas : - Entry strategy 1 = traditional Dow method : long entry just above a little flag and short entry just below a little flag. - Entry strategy 2 = h4 heiken ashi beginning to give a strong direction. Daily heiken ashi confirms.
My idea about BTC is : creat Running Flat , Go down in 5 wave then go up to complete wave 5 of wave B .\ Good Luck
Doge bullish. end of story. it is going to pump like this for a week straight to 88 cents.
measuring the thrust of the triangle we can project an upside target for the bitcoin at 72000 levels for the medium term Once the Wave-E ends, we can see an upside thrust for wave-5 subscribe to wolfanalyst where I explain how to identify and project future prices for any financial instrument using the elliott wave principle Please Subscribe to learn elliott...
$CLSK above short term target 1, looking for a consolidation phase before the 2nd target. Looks bullish still. Short Term Target Area: 40
Running corrections have a certain feel and look to them and over the years i have been burnt far too many times to be taken by surprise. I think sp500 is tracing one out right now. If so, we could be trading at a new all time high in short order.
Hi everyone, Ignore the main chart - look at the updates for what I'm proposing... Just another BTC idea I had - BTC as a running flat correction on the larger scale. Ghost bar patterns came from: The more detailed yellow ghost bars: -Wave-C in Larger Wave-A, inverted to give the right price direction -Small Wave-C in Wave-B is A+B time -A and B in Larger...
We have the S&P500 grinding up to all-time highs. We have some bearish divergence forming and a potential 3-Drive reversal pattern. The 161.8 extension of the 1st drive (green) and 1.272 extension of the 2nd drive (red) both come in around 3100 for so confluence. This is where I will be hunting for reversal. My minimum target will be around 2500 for a Running Flat...
Guys, I think we are very close to trend reversal 1D candle confirmation, and possible good entry point here around 14.6$ nice ADX position, RSI in the lower position and HUGE upside objective regarding my FIB levels up to 3.3 risk&reward ration on LONG position. First conservative profit taking will be MA 200 levels, after that possible 78% FIB, and 16$ + levels...
AIRG has intermittent momentum developing with strong runs from pro traders that rest or have profit-taking in between the runs. The stock’s all-time high is around $29. It faces resistance at $17-18 which may shift the trend sideways temporarily.
Five wave move up with running and expanding flat in the middle.
SPX is getting to a critical spot. That is what I would like to see it do (ending diagonal). But regardless, a lot of divergence coming in as it seems to be in a running flat as I mentioned before. A spike into that zone (27% extension-3000 level) might be a place to try a tight entry on a short.
Cadjpy was good for about 50 pips off the level I circled. At this point I am not interested in selling it, although it can pull down at anytime. I am just paying attention to it at the trend line and also the level I have marked, anticipating a breakout and then possibly a larger running flat pattern. Not saying it can't be shorted, just not a setup I want to try...