A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
Expect consolidation above demand zone on m30 chart show possible diagonal Elliott wave pattern on lag C also fundamental news that I read 1.07 is level that big player try to protect
m30 on Oil chart is correction structure that should have another 5 lag on C wave hard to be a winning player in this game much harder to trade on correction that have so many possibility maybe this is Flat correction maybe it is 3-3-3-3-3 triangle correction May be is just go straights back up to eat our money LOL Losing is part of this fuking difficult...
Double pinbar candle when ADX14>30 is trend follow strategy by Linda Raschke On the transparency box is 50% and 61.8% Fibonacci level 1.5 RR for this momentum trade
Rounded top pattern breakout and retest neckline hope down movement will continue by this pattern Based on Thomas Bulkonski book this pattern have 60% to reach target
4H chart have clear structure of Elliott wave Resistance become support is used to entry this trade
SNRC1 setup this is idea of support become resistance selling pressure is higher than buying pressure Elliot wavem30 chart show that GOLD is on minor correction this is counter trend set up so I set RR just 1
On 4H price go up and retrace with 50 fib. this are is also mo30 demand zone TD sequential count 9 show that selling momentum is low so this is OK to open long with 1.5RR
4H chart Oil is on correction phase that difficult to trade but if we see m30 we see long tail pin-bar candle with high volume compare with normal time so that it
lower price draw demand in auction market theory after very strong down trend price take a rest on 4H demand zone also 4H time frame show ROC and MACD momentum divergence m30 show exhaustion of selling candle pattern this is counter trend trade so take some profit at 1RR
long consolidation breakout ADX14 is more than 30 + trend follow structure setup
on 4H chart price is on demand zone wave analysis might be flat correction on B to C leg C leg should at least half of A leg on smaller time frame m30 TD Sequential show low momentum of selling pressure so this point can be reversal point confirm by classic momentum indicator such as MACD, ROC or RSI show bullish divergance
If you read her book "Street Smarts: High Probability Short-term" this setup we need ADX14 more than30 then we need price retest EMA 20 we monitor "volume" if price go up with good volume we entry buy order I accept the truth of this game that we just betting on probability this strategy have back-test data backup so if this setup happy 100 time I bet on...
After long down trend 4H show double bottom Normally after strong down trend price should not reversal vary far easy because big player have to accumulation in the range of the price they want first so it really unlikely that price will start going up from now down trend Flat correction in Elliot wave is part of Wyckoff accumulation So if we count the...
cup and handle pattern from S2 pivot point this area is also last correction wave so this area can act as support
COT report is indicator that not calculate by price but it indicate that commercial player trend to buy or sell if you check weekly COT report it clear trend that commercial player is buying significantly confluent with wave analysis that Oil can go further I hope correction phase is end yeah hard to predict wave C might go down for more and hit out...
by candle pattern and volume analysis on m30 shown that buying is begin to entry price is now on pivots2 also on 4H wave analysis this area is previous correction phase so this area can act as support
BTC daily chart is clearly uptrend by Dow theory on 4H price show strong impulse wave and clear correction phase now price retrace into 38% of impulse wave It hard to predict correction phase that when it will end also very very difficult to predict complex correction This correction might be double or triple correction that make price ranging for long...