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KHC - Potential 5th Wave Long Swing Trading OpportunityUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for KHC on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The wave 4 pull back has found support in the Amber zone of our probability pullback zones, which represents an 80% probability that our automated 5th wave target zone, in blue on the chart, will be hit. We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend . We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone. So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity for KHC , Daily Time Frame , with the following entry strategy: Long entry through $31.63 Stop Loss $29.98 Target $34.50 Giving a Risk to Reward of 1:1.6 Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
NASDAQ:KHCLong
by xBratSoftwareSolutions
Potential longer Term 5th Wave Long on $BRKR Using our Elliott Wave Indicator Suite we have identified a longer term 5th wave long using the weekly time frame for the BRKR Stock. The Wave 4 Pull back has found great support in our Amber Pullback zones, giving an 80% probability that price will hit our automated 5th Wave target zone (highlighted in blue on the chart). Entry Stop Loss and Target Prices easy to view on the chart The Wave 4 behaviour is also good where we measure our Elliott Wave Oscillator pullback within our 90/140% zone. We also see that the Wave 4 pulled back against our false breakout dots on our special stochastic. The False breakout dots denote a strong Bullish trend and so when a Wave 4 pulls back against these and cross in the opposing over sold zone, then there is a strong probability the stochastic will return to its overbought zone and strong Bullish Trend. This type of move on the weekly timeframe could take anywhere from 7 to 15 weeks, so this is a great investing opportunity. Find out more about our Elliott Wave Indicator Suite for TradingView >>>HERE<<<
NASDAQ:BRKRLong
by xBratSoftwareSolutions
KR Potential Long 5th Wave Swing Trading OpportunityUsing our Elliott Wave Indicator Suite for the TradingView platform we have identified a potential Long Swing Trading opportunity for KR on the Daily timeframe. Wave 4 pull back has found support in our Amber pullback zone, which represent an 80% probability of our automated 5th wave target zone at $27.75 being hit. The Stochastic has crossed in the oversold zone against false breakout dots in overbought zone and Elliott Wave Oscillator has just moved below 90%. These three combined present a high probability move for this potential long swing trading opportunity. Entry and Stop loss on our chart... Learn more about our Elliott Wave Indicator Suite for TradingView by watching the Video Tour >>>HERE<<<
NYSE:KRLong
by xBratSoftwareSolutions
GNRC potential Long 5th Wave MoveUsing our Elliott Wave Indicator Suite for the TradingView platform we have identified a potential Long Swing Trading opportunity for GNRC on the 1 Hr timeframe. This potential 5th wave long has to breakout today for the trade to be effective before the end of the week. Wave 4 pull back has found support in our Amber pullback zone, which represent an 80% probability of our automated 5th wave target zone at $90 being hit. The Stochastic has crossed in the oversold zone against false breakout dots in overbought zone and Elliott Wave Oscillator has just moved below 90%. These three combined present a high probability move, but we must enter today when price moves up through $84.84. Learn more about our Elliott Wave Indicator Suite for TradingView by watching the Video Tour >>>HERE<<<
NYSE:GNRCLong
by xBratSoftwareSolutions
1
XRPUSD potential 5th Wave Long setting up on 1hr chartUsing our Elliott Wave Indicator suite for the TradingView platform we have identified a potential long 5th wave trade on XRPUSD. This Cryptocurrency is currently pulling back against an intra-day bullish trend on a wave 4 pullback. In the video I discuss the rules using our Elliott Wave Indicator suite that must be met before we enter a long position to trade that high probability 5th wave move. If the rules are broken, then we dont trade it and move onto the next potential trade, long or short. Watch the video tour of our Elliott Wave Indicator Suite >>HERE<<<
BITFINEX:XRPUSDLong
by xBratSoftwareSolutions
1
Silver looking like its found support - Potential 5th Wave Long Using our ElliottWave Indicator Suite on Silver, on the Daily timeframe, we can see that it has found support in our wave 4 probability zones. The wave 4 behaviour is also looking good using our Elliott Wave Oscillator and False breakout Stochastic. Now the pivot around 18.750 is an issue, so a longer term bullish trade would be taken until that is broken with a target of 20.500 within our automated target zone. Also we would look for long trades on smaller timeframes with this strong potential 5th wave bullish move in mind. Watch the Video tour of our Elliott Wave Indicator Suite >>>HERE<<<
TVC:SILVERLong
by xBratSoftwareSolutions
AUDUSD critical point for this Bull Move!AUDUSD 15 minute time frame - From the chart we can see that we are testing a recent resistance zone that has formed a short term range in this currency pair. Our Elliott Wave Indicator Suite has currently labelled the wave 1,2 and is at a wave 3 high at the resistance zone. Our special False Breakout Stochastic now has yellow dots on the overbought zone, denoting a strong Bullish Bias to this move. Two Scenarios to trade here... 1. The price breaks though the current resistance zone leaving lots of fresh air up to 0.7600, where the next resistance zone is located. So the trade idea would be to trade the 3rd wave continuation, if we get the breakout, and then wait for a wave 4 pull back into out live pullback zones. Then trade the 5th Wave to our automated 5th wave target zone, which will be printed when wave 4 is confirmed. 2. If this resistance level is too much and we get a retracement as a wave 4 into our high probability pullback zones, along with a crossover of our false breakout stochastic in the oversold zone combined with Oscillator pullback. Then we would look to trade the 5th wave into our automated target zone that will be printed on confirmation of wave 4. Either scenario would be high probability, but in our opinion the better trade setup would be option 1 as we get to trade the potential Bullish trend twice today.. Take a look at the video tour of our Elliott Wave Indicator Suite for the TradingView Platform >>>HERE<<<
Long
by xBratSoftwareSolutions
Our Elliott Wave 5th Wave Target Zone Hit on EURJPY Earlier today we made a quick education video discussing the tools in our indicator suite and how to use them to trade the high probability 5th wave moves. We used this EURJPY example as it was setting up. The orginal video can be viewed >>HERE<< This next video is a follow to show our automated 5th wave target zone has been hit, completing a great Elliott 5th Wave trade on the 5 minute time frame for EURJPY. Watch the video tour of our Elliott Wave Indicator Suite >>>HERE<<<
Education
by xBratSoftwareSolutions
3
Entry Points for our 5th Wave Trades - EURUSD 30min ExamplePart of our Elliott Wave Indicator suite are our 6/4MA High and Lows which are designed to allow traders a sensible entry strategy for long and short 5th wave trades. In this example a great 5th wave trade was entered on EURUD on the 30 minute time frame using our Elliott Wave Indicator Suite for TradingView. The green arrow on the chart highlights the short entry through our Red 6/4 MA Low. As with 80% of our 5th wave trades, our 5th wave automated target zone was hit. You will also notice our Elliott wave oscillator pulled back on the 4th wave within our parameters along with crossover of false breakout stochastic. These are special tools, along with out probability pull back zones that allow use to measure the behaviour of the 4th wave. This is important to help identify High Probability 5th wave moves. Find out more bout our Elliott Wave Indicator Suite for TradingView >>>HERE<<<
Education
by xBratSoftwareSolutions
NDX: no impulse up off August low. Expect lower pricesThe NASDAQ100 (NDX) broke below its August 22 high and therewith invalidated its potential to do five (i, ii, iii, iv, v) waves up off the August lows. Instead it became only three: corrective. Namely, when a new move starts, even if it is five waves up or down, we can never know beforehand with all certainty if that move is an impulse (wave-1 of a 1,2,3,4,5 move) or part of a larger correction (wave-A of an ABC move). See my tweet here for example. Hence, why we must label such initial advance as wave-1/a, the retrace as wave-2/b, and the subsequent advance as wave-3/c, until one (1,2,3) or the other (a,b,c) is disproved by the markets. In this case the impulse was disproved as price overlapped with wave-i/a meaning the current decline can not be a wave-iv and so there will be no wave-v and thus thus the entire rally was a wave-a,b,c UP. Simple! In addition the wave-iii/c was only seven waves up, which means it is corrective as impulses travel in 5,9,13, etc waves. Another line of evidence pointing towards the recent rally having been corrective and not impulsive. Now that we have proper, intellectually honest Elliott wave labeling out of the way, lets look at the bigger picture options. Price can do a nice c-wave down into the orange target zone based on the standard c=a to c=1.618x a Fibonacci extensions and as long as it doesn't move below the June low it can still be a larger wave-ii of an even larger 3rd wave. IF it breaks below the June low, and especially in a five waves down move, then we have a lower low on our hands. In addition price can then not be in a (red) wave-ii anymore because 2nd waves can't go below the start of the prior same degree 1st wave, and we are then looking for a much, much larger ongoing correction, which I would label as major wave-c of Primary-IV, well into 2020. Trade safe!
TVC:NDQShort
by intelligent_investing
ROKU update: wave-iv complete or more complex!?In my first update on ROKU, on August 9, I warned "bears would want to step aside until at least 138-140" as that price zone would provide for a more substantial top. I was then looking for " Based on Fib-extensions and retraces we should see this wave-iii top at around 138-140, then a pullback to about 112ish for a wave-iv of 5, before wave-v of 5 ideally targets the 148-150 zone. ". Price reached $142 on August 14 and dropped as expected, but so far only to $127 last Friday, and is now trying to attack its ATH again. So is all of wave-iv already in? It is possible as 4th waves can be shallow, but 4th waves are also known to be more often than not complex price structures (triangles, flags, and flats). So in this case, ROKU could be working on wave-b of iv, which can move beyond the ATH before wave-c of iv takes hold to bring price back down. Now this possible wave-c can then go beyond $127 or stall there. We don't and can't know this before hand. In the former case it will then be a regular "expanded flat" and in the latter case a less common "running flat". Time will tell... Bottom line, the bigger trade-able top from a short perspective has IMHO most likely not yet arrived and Bears would want to continue be nimble here as the irregular b-wave can reach as high as $144-149. For now, the advance off Friday's low looks on a micro-scale better as 3 waves up, but can nonetheless still reach $149-153 if it wants to based on Fib-extensions and "a-wave to b-wave" relationships. That price level, in turn and however, would also fit with the wave-v of 5 of Cycle-C high (baring any possible extensions) and thus overall provide for a much better "top." Trade Safe!
NASDAQ:ROKULong
by intelligent_investing
Ethereum Macro Analysis - Consolidation And Move UpEthereum Macro Analysis Looking at BTC pairs, Ethereum is currently lagging behind the market leaders Litecoin and BNB, but it will come around. Alts Season is coming with Ethereum usually peaking after Bitcoin. Litecoin will likely reach new highs first, while Bitcoin is consolidating. Key Upcoming Events: - Jul 22 BAKKT Test net launch - Aug 6 Litecoin Halving - Next Week - Facebook Libra Stable Coin Presentation, backed by Visa and other majors Based on Elliott Waves, Pitchforks, Fibs and S/R Levels/Zones, Key Targets: Target 1: 450 Target 2: 550-600 Major Resistance: 380 Ethereum has cleared only the first target from previous analysis, unlike overperforming Litecoin that broke both levels. We are currently trying to cut through the last HVN on the way up - consolidation below a major resistance is bullish. Prediction: sideways consolidation, possibly triangle, then move up. Not an WXY, not wave 4 - will likely slice through 380. No major correction till Aug 1, a break of parabolic trend with correction to prev HVN 220 is possible before the next major move up. Note: the whole wave structure could be a series of running flats which is indicative of an up trend and imply higher targets. Good Luck! Trade carefully! Not a Financial Advice.
BITFINEX:ETHUSD
by RagingRocketBull
Litecoin Macro Analysis - The Big Move is ComingLitecoin Macro Analysis Looking at BTC pairs, Litecoin and BNB are the strongest coins that currently drive the market and are almost solely responsible for the up trend. Key Upcoming Events: - Jul 22 BAKKT Test net launch - Aug 6 Litecoin Halving - Next Week - Facebook Libra Stable Coin Presentation, backed by Visa and other majors Based on Elliott Waves, Pitchforks, Fibs and S/R Levels/Zones, Key Targets: Target 1: 200 Target 2: 250 Major Resistance: 180 Mode: BTFD Prediction: We're about to start the next phase of a parabolic trend. No major correction till Aug 1, sideways consolidation possible. Jul - green month, Aug - red month, deeper correction that will be bought up. Good Luck! Trade carefully! Not a Financial Advice.
BITSTAMP:LTCUSD
by RagingRocketBull
This is why you suck at identifying Elliott Wave channelsIf you have read the holy bible of elliott waves, you would know that Elliott wave guidelines suggest that you: 1. draw a straight line from end of wave 1 to end of wave 3 2. draw a parallel line from the end of wave 2 (parallel to the line we made in 1.) 3.if end of wave 4 is not on this line, adjust projection for wave 5 by drawing a parallel line to the line connecting end of wave 4 to end of wave 2, at end of wave 3. 4. Extended may break the channel :) Note: there is no mention that the smaller waves within these waves have to be inside the channel. only the starting point and ending point are considered.
BITSTAMP:BTCUSDEducation
by RyanPal