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AB=CD

Bearish AB=CD on the SPDR Select Industrial Sector ETFThere is a Logscale AB=CD on the Industrials with Bearish RSI Divergence and the 1.414 PCZ of the Logscale AB=CD aligns with the 1.618 on the Linear Scale. I think it would be fitting to see this go down as i have recently become Bearish on Defesne Stocks such as RTX and HON, and have also become bearish on Airline Stocks such as BA and those stocks all happen to be in the top 10 holdings of this ETF so if they go down this ETF will go down. The standard Target for an ABCD like this is back to the C level which is around $47 in this case but for the time being i will target $80 via buying of the $90 Puts that are several weeks out.
AMEX:XLIShort
by RizeSenpai
SUNTECK REALTYHello and welcome to this analysis In the monthly time frame it formed a Bearish Harmonic ABCD in JAN 2022 near 590 and since then has retraced 62% of its last leg. In the weekly time frame it has formed a Bullish Harmonic Gartley around 315 suggesting the correction is most likely over. It can be a good stock to accumulate between 330-370 for upside levels of 420-500-650. The view would be considered invalid below 285. Good risk reward set up for medium to long term at the current level. Happy Investing
NSE:SUNTECKLong
by Dinesh_C_Nagpal
EUR/USD SELL i am still expecting price to drop but before the USD rally i think we will see the EUR rally up more...this strategy i have been developing 2 versions too it 1st first version is looking at the chart normally and applying fundamentals and trading strategy 2nd version is still applying fundamentals but applying strategy skills in inverse formation starting from the middle and outward plotting both sides uses (more of a pivoting strategy & same pivoting rules apply if trade price is below absolute resistance execute sell if trade is on top of total resistance buy. strategy is based off of standard pivot points, the 50% retracement rule, 50% moving average & basically off of the theory of half (50%). where I have gathered intel from weekly chart(200 MA) that represents absolute TP, very high resistance, or necessary pullback for an overall view and set dynamic support & resistance. The 4HR chart(100 MA) represents the lessor median point resistance and wil be used as TP1 (may result in continuation depending on sentiment analysis, economic outlook etc... and the 1HR chart (50% MA) represents current price & final TP ADJUSTMENT.
Short
by Sylynt056
2
ETH/USD - IdeaThe CPI in the news tomorrow. If it is lower than expected, that might be a catalyst to push out of this triangle in wave 4 position. The dashed line is a near term bearish trend. A break of this line, subsequent retest to reset the oscillators, and then a move into wave 5 with a length = wave 1, looks possible. This coincides with the completion of a bearish AB = CD. I'm cautious in part b/c other elliot wave analysts see this current move as a corrective wave 4 in a longer term downward trend.
COINBASE:ETHUSDLong
by wildhood
1
USDCAD Bullish Setup - Trade SignalUSDCAD has been sliding within a Complex Corrective Pattern. This is telling me that an Elliott Wave Impulse could be around the corner. DXY can bounce for a come-back due to its pending Bullish Divergence. All other FX-Majors (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, NZDUSD) are onto Reversals. “Difficult to see; always in motion is the future.” — Yoda My Loonie Technicals: * Elliott Wave Complex Correction: Triple Three * Harmonic Pattern: AB=CD * 78.6-88.6% Fibonacci Retracement * 127.2-161.8% Fibonacci Extension * Demand Zone * Bullish Divergence USDCAD LONG Signal: * Aggressive Entry @ 1.3380 with SL @ 1.3150 * Moderate Entry @ with SL @ 1.3050 * TP1 @ 1.3685 * TP2 @ 1.380 * TP3 @ 1.390 * Safety Measure: when in the green, moving SL to BE. * BUY Stops on the way up, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Long
by Lionheart-EWA
2