sdailey23

sdailey23

240 Basic wave analysis with clear structure building All subdivision was pretty cut and dry until we started slowing momentum here recently towards the end of the wave Fibonacci and all subdivision is giving some pretty good ranges to play within as well a few possibilities here as you can see Im expecting at the least one more play to the downside but this...

sdailey23 Updated 

Elliot Wave double with strong rejection at upper resistance Yellow Bands - support and resistance within my trading range Arrows - Not exact I will watch price action as price continues to play Dotted Lines - Alternate Theories

sdailey23 Updated 

EURCHF giving us some clear structure We will be on keep up on structure as it plays out though as this structure could give us a few options Be on the lookout for changes in structure Yellow - Current trading range Blue - Shows correction high and gives us a nice resistance level

sdailey23

Don't be confused by the lines! Yellow - Show the shape of our triangle structure. You can see with each wave how we are descending to a "fairer" price. The lines are not exactly on each high and each low. With time I have found different ways to draw support and resistance in order to capture all price movement and not miss out on a swing. Orange - Long...

sdailey23 Updated 

EURJPY giving us some clear structure ABCD Pattern with obvious rejection at a major level of support Price has just begun to re-enter our band so I will go to the lower levels to look for entry Blue - Training Range (I am currently looking to trade from the current position (once I go to the lower levels and find entry) to the top blue band @ the least) Pink -...

sdailey23 Updated 

Speaks for itself Nice wave structure that played inside of a nice channel Good rejections on both ends of the channel Yellow - Trading Range throughout trend The other colored lines you see are from the trend at the larger degree on the daily level

sdailey23

As you can see here we have the playout from a chart I analyzed a while back First we can analyze what happened before: You can see in grey the original lines I had in place and how those lines we did not hit those markets As you can see on my new and improved trend lines we can see a lot better how supply and demand worked and the reaction it had on price...

sdailey23 Updated 

This is a long term view of EURAUD We had a clear structure of the first waves of the correction We played in a proper channel and had some clear waves However since we recently received a large rejection it looks like we will continue to play the correction Pink Line - "Fair Price" Blue Line - Range High Orange - Current Trading Range

sdailey23

This is another theory from EURAUD As you can see in the structure how the bull market continuation would form Again my lines are not exact I trade to levels of support and resistance and place trades based on how supply and demand moves within those bands Analysis is also based upon what is happening at lower levels so take the higher time frames with a...

sdailey23

This is an in depth look of my theories on EURAUD On this chart you can see how my theory plays out with the wave views Blue - High and Low of trading range Orange - Trading Range Pink - "Fair Price" Yellow - Obviously Support Levels The current structure clearly looks bearish however as price plays out we will see how this structure plays out over the year

sdailey23 Updated 

I've been studying price action for some time in an attempt to best make my market entries and improve my profit to loss ration The lines you see are a revised version of the regression trend brought bout by ideas of Laurentiu Damir an Italian trader and the author of "Price Action Breakdown." I am not sponsored by him by any means but I highly encourage you to...

sdailey23

Structure building an a triple in the form of a flat Last wave has started but I will be careful for evidence of any last rally if bottom support is broken Expecting a large 3 wave structure (note: arrows are not exact zones of price projection)

sdailey23

Structure building an a triple in the form of a flat Right now structure in last wave pushing towards upper level resistance of channel Expecting a large 3 wave structure (note: arrows are not exact zones of price projection)

sdailey23

Price currently sitting a nice potential reversal zone and waiting for a turn around here soon

sdailey23

Current structure ending in an ending diagonal If current structure breaks current trend line with momentum I will change view as necessary

sdailey23 Updated 

Textbook triple ending in an ending diagonal Watch out for one more rally (alternate theory will be posted to see alternate route)

sdailey23

As I look deeper into this structure it seems that the trend is following our alternate weekly swing theory Current trend seems to be a correction rather than an impulse into the longer term swing

sdailey23

The alternate theory suggest that the current bear rally is simply a correction for a final bear rally of the ending diagonal. This would turn the flat from a running flat into an expanded flat