electronicRock8888

electronicRock8888

The price respected the descending trend line on the 4-hour chart and broke through the ascending channel on the 15-minute chart.

electronicRock8888

Market Manipulation pushed market downside, but market didn't go down... and drew a long tail ...this move just cleared all stops Buyer zone Fractal candle 3:1 RRR

electronicRock8888 Updated 

1. FC 2. Bullish Divergence 3. Fib zone 4. Pendulum pitchfork point to the end of reversal 5. The B line of Modified pitchfork (blue) holder the price 6. The B line of 1h modified pitchfork (green) holder the price

electronicRock8888

Hi fellow traders, Here is my analysis of EURCAD 30 min. I decided to open long because of intersection of several signals from price action. 1. Fractal candle 2. Bullish Divergence 3. Fib 0.382 retracement 4. Pendulum Pitchfork confirmed low of retranement RRR 3:1 Let's see how this trade will be going.

electronicRock8888

On the 1d chart, I see that we had a 3d wave (because AO had highs) and now we draw the 4th wave (AO is below the 0 line). What we can expect? - The first scenario is that the 4th wave is completed and we are in the motive 5th wave (see blue lines with 1-2-3-4-5 on the chart) - The second scenario is that the 4th wave is not completed yet and what we see is wave...