Price reversal and pivot from the end of wave 4. Buying with 1% allocation. Open @ 34 34 TP @ 37.25 (+8.5%)
Strategy:
Based on Elliot wave theory, pivot points and classic chart patterns.The 5th wave pivot strategy identifies the last impulse of the elliot wave sequence. The 5th wave can be equal to the 3rd wave or extend to the 1.618 fibonacci level.
Entry: A...
An idea showing a breakdown from a temporary channel to a lower trend line
This is an update to my previous analyses to ENB which also suggests a move downward to like $9 - 10.
This is just a quick video I have made for some of the followers. For some odd reason I wasnt able to reply, so here are my thoughts out loud.
I havent yet purchased Enbridge stock and waiting for the first to test the trend again and of course the supports mentioned on my video.
Please note that I am not an expert so share your thoughts ideas and let us all...
The PEAD projected a bullish outlook for TSX:ENB after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 81.82%.
ENB is creating a bullish symmetrical triangle.
Breaking the upper trend and the Fibbo 0.618 @ 55 dollars (called Buying zone 1 in chart). ENB will make a 10 percent upwards bullish run ( to TP1).
There will be a small correction between TP1 and Fibbo 0.785 @ 56.89 dollars.
Then will potentially hit the 65+ zone (to TP2)
The PEAD projected a bullish outlook for $ENB after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 42.86%.
ENB has rised dramatically on this non-log chart
I have drawn a strong trend line in green that I expect price to fall to
This is the result of a double top
Double tops are a bearish pattern and is shown with the bearish bars pattern tool.
The PEAD projected a Bullish outlook for $ENB after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 80%.
The PEAD projected a Bullish outlook for $ENB after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 77.78%.
The PEAD projected a Bullish outlook for $ENB after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Technical Analysis $ENB for a friend looking to add $ENB as a long-term investment
ENBRIDGE has been making gains and is a great Low P/E High Value Dividend Investment
here is a TA that brings us into 2026 $ENB Is no doubt a safe long-term investment no matter the price but that being said in this current GeoPolitical new world ENBridge could also show some...
The PEAD projected a Bullish outlook for $ENB after a Positive over reaction following its earnings release placing the stock in drift C with an expected accuracy of 71.43%.
WHY I TOOK THE TRADE
- Long term chart in uptrend & price is testing into a new DZ
- The DZ(demand zone) on the (D) chart is the last Higher Low of the (W) uptrend
- technically: the (W) chart & (M) were in uptrend
- Price failed to CLS below the DZ, I enter LNG on the retest
CONFIRMATION
- Double bottom confirmed after price broke out & rallied
WHY I CLOSE THE...
