I've been studying Elliott Wave Analysis and I somewhat understand it. If possible, please provide any advice using this strategy please in the comments sections below. Now, if my analysis is correct then price has complete wave b and will go on to create wave c. I have placed target points below as TP1, 2, & 3. I selected these areas because of my...
Greetings readers, As we can see, market structure is kind of all over the place however, there are solid areas of price action taking place. Right now as we can see on the day time frame, price has formed a bearish head and shoulders pattern. As we are aware, head and shoulders pattern is a pretty solid pattern. I believe price will fulfill the head...
Greetings all, I use a lot of question marks because the market is a mirage. ENT601
Good evening (CST) everyone. Currently, I see a possible head and shoulders pattern forming on the 1H TF. Head and shoulders are pretty common patterns in the market. The neck line is identified and the target point comes from the highest point of the pattern to the neck line. Please leave some comments and subscribe. Its ya boy ENT and I'm out of here.
It looks like a clear double top is forming on the 4h TF for UJ. However, tread lightly because the overall trend in my opinion is still towards the 200 SMA on the D TF. Currently, NAS100 is possibly forming a double top pattern along the bullish trendline on the 4H TF. If this is so, then the next move for NAS will be a bearish one. Which means BTC, ETH, XAU,...
EU looks like it may be in the early stages of forming a W pattern. I like as many confirmations as possible however, sometimes I will try to score bigger by placing a trade ahead of confirmations too. Don't trade what you can't lose.
I believe a bullish pennant is forming. If so, this is a great opportunity to earn some pips. I would place a 0.01 first then follow up with bigger lots once confirmation is established.
Happy new years to all. GCAD is most likely forming a triple bottom pattern. I will say, watch this pattern closely because its one of those patterns that will grab alot of buyers than reverse to the downside. However, the likelihood of this happening is slim considering the current market.
Happy holidays to all of you! Now, UJ may be almost complete with the Rising Wedge Pattern. If so, then as always make sure to confirm the breakout prior to entering. Below I have identified minor areas of imbalance by way of blue horizontal lines to include the Higher Low by way of the gold horizontal line. 1. TP 130.846 2. TP 130.021 3. TP 128.942 4. TP...
Happy holidays to everyone out there and everywhere. Please refer to the trade idea for price movement references.
Greetings all, please review the chart I've published. I believe that the reversal for price is completed and now will continue the down. Comments are all wanted. Thanks
I hope you guys been following this triple top display of perfection. Currently, price should drop nicely then create a beautiful wick in the next four hours. If a gap gets created after 3 hours then this pattern is spot on for a second confirmation of the pattern.
I'm not the type to hid my indicators! I can't stand why traders do that lame shit.
If price moves this way, this will be a nice play on Forex. Thanks
Quick scalp to the blue line team. Stay dangerous!
Greetings, Price will fill imbalance then reverse to complete the head and shoulders pattern.
ETHUSD is moving lovely. As we all know, ETH follows BTC. Thanks
Greetings, Price on the 1H TF failed to create another HL. Price on the 15m TF closed above the 50 ema and is now rejecting the 50 ema on a pullback. I got TP at 17244 which is the next FVG which will present a nice yet potential bullish scalp. From the daily TF, nearest resistance to price is around 17952. Price should hit this area and reverse to the...