mcmarc2000

mcmarc2000

I see a Bearish Crab with Target 2 intersecting with top trend line.

mcmarc2000

The upside potential looks promising, 16% gains today. Im considering 23.6% fib $10.60 the neckline breakout point. Targeting $28.00 71% retracement in harmony with the left side which would net a 230% profit from the spot $. Trend line broken including 200ma (green line) .. consensus strong buy.

mcmarc2000 Updated 

Broke MPivot today

mcmarc2000

Waiting for Neckline Break ...

mcmarc2000

Neckline Broken

mcmarc2000 Updated 

Targeting $2.80

mcmarc2000

I’ve revisited my wave analysis. I just realized i’ve been calculating Wave 5 wrong all this time, by over extending it. The wave 5 extension rule doesn’t apply unless wave 3 is less than 1.618. This looks much better .. way more realistic ! Wave 4 n 5 targets are dependent on wave 3, all dependent on each other sequentially hence the wide box range you see. I...

mcmarc2000

Head and Shoulders . I normally don’t trade Elliot Waves much but always nice to employ the theory when possible to add confluence and direction. I believe we’re in Wave 3 right now.. its the most aggressive wave, the $$ maker with approx 200% gains from wave 2 correction so far. Im not an EW Jedi by any means but im quite sure I nailed this one, thoughts and...

mcmarc2000

USDCAD

mcmarc2000

CUP N HANDLE PATTERN

mcmarc2000

Im no EW expert, thoughts and constructive criticism appreciated.

mcmarc2000

50ma retested today

mcmarc2000

Possible HnS Forming

mcmarc2000

Relative strength and CCI is Strong.

mcmarc2000

Strong resistance at 3.64.

mcmarc2000

Breakout

mcmarc2000

Breakout / Support on 50% Fib

mcmarc2000

GRWG