Elliottwaveprojection
VGI | Wave Projection | Inv. H&S TFW Breakout Target +30% upsidePrice action and chart pattern trading setup & target
> This wave analysis in weekly timeframe indicates a possible new 1-wave ABC uptrend reversal pattern with an inversed head & shoulders pattern support.
> ENTRY: A possible pullback trade at neckline breakout zone
> TARGET: head & shoulders targeting 1.618 extension +30% upside
> RESISTANCE: 1.0 Fibonanci extension zone 5.30+ baht
> STOP: right shoulder zone -10% risk
> RRR: 3:1
Always trade with affordable risk and respect your stoploss
Goodluck
NASDAQ - NASTY RACK! - (ELLIOTT WAVE ANALYSIS)NASDAQ as per Elliott wave looks like It's gonna make or break. I'm personally Bearish unless, it meets it's invalidation Line as depicted.
This is completely Educational Analysis of Elliott Wave . Kindly do your own Analysis before heading into it.
Thanks :)
Happy Trading :)
DOW JONES - OH JOHNNY! NOT AGAIN. (ELLIOTT WAVE)DJI as per Elliott wave looks like It's gonna make or break. I'm personally Bearish unless, it meets it's invalidation Line as depicted.
This is completely Educational Analysis of Elliott Wave . Kindly do your own Analysis before heading into it.
Thanks :)
Happy Trading :)
S&P 500 - Gonna drop in 5 waves? (ELLIOTT WAVE)S&P500 as per Elliott wave looks like It's gonna make or break. I'm personally Bearish unless, it meets it's invalidation Line as depicted.
This is completely Educational Analysis of Elliott Wave. Kindly do your own Analysis before heading into it.
Thanks :)
Happy Trading :)
B | Wave Projection | TFW Bullish Divergence | Ending Diagonal?Price action and chart pattern - descending triangle with a bullish divergence pattern in weekly timeframe is considered a strong reversal trading signal.
Wave projection: A possible 5 wave of major A-wave correction coming forming an ending diagonal wave targeting 0.5 - 0.618 fibonanci extension of previous 3-wave downtrend.
Entry: Descending triangle breakout / SMA200W zone
Stop: Lower triangle support -12%-15%
Target: 0.382 - 0.5 retracement of current downtrend A-wave +40% - 50%
Risk reward ratio: 3:1
Always trading with affordable risk and respect your stoploss
Good Luck
Natural gas Elliott wave analysisAnalysis does not take account of current geopolitical situation and is based solely on Elliott wave analysis.
I would assume the it will follow the black more than the red scenario.
5.80 is the point where you would exit most of your shorts.
Bearish SPX Elliott Wave Count idea The setup show the beginning of a bigger downtrend in the SPX.
The invalidation for the last motive wave (white) lies around 3883.
Potential bullish signal?Over this 4hr chart we can see a potential Elliot wave pattern. For this to be confirmed, first it should break above the 1.272 fibb level and then reach the 1.618 level. After those two scenarios, expect a correction. Elliot wave pattern are fractal which means this might repeat on higher timeframe once it succeed to reach the 1.618 fibb level thus making this wave 1 on daily timeframe.
DAX - Short - Elliott Wave - Corrective on its way to completionDAX is looking heavy as it moves through it's wave 2 on the next higher degree. I have highlighted my prediction in red which is the convergence of the 50% Fib retracement area between the high and low of the total move, and the rising trend line.