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Elliottwaveprojection

CBG | Wave Analysis | Leading Diagonal 2-Wave Price action and chart pattern trading setup > A possible 2-wave leading diagonal pattern ending at 0.786 retracement zone > Entry @ downtrend breakout with reversal pattern - watch for double bottom / inverse head & shoulders / triangle wave candlestick consolidation > Target @ 0.786-1.0 retracement to previous 1-wave + 10 - 12% > Stoploss @ the lowest position -4-5% > Risk reward ratio: 2.5:1 Always trade with affordable risk and respect your stoploss
SET:CBGLong
by dukeposh
AVAXUSDT | Wave Projection | Bullish Wedge Ending DiagonalPrice action and chart pattern trading setup > Elliott Wave analysis possible 2-wave ending diagonal pattern with bullish momentum - a potential falling wedge breakout scenario > Entry @ 2-wave bullish wedge breakout and EMA10 TF24H > Target @ upper downtrend line resistance 0.618 - 0.786 retracement of 1-wave zone + 30- 40% > Stop @ the lowest 2-wave position -10% > Risk reward ratio: 2:1 / 3:1 Indicator: >RSI bullish momentum about to cross MA line >MACD bullish momentum just below signal line Always trade with affordable risk and respect your stop
Long
by dukeposh
BTC 20,550/20,850 then 18,950BTC has many fibs lining up in the same place - at 20,850. That is the 1.414 of AC, the 1.272 of OC, the Elliot Wave impulse of 2.14, and also this same level 20,850 is the 0.236 fib from 25,188 to current support (19.5k). It would be a good idea to short this level if it hits. I expect a bounce (or drop) from 20,550 which is the 1.618 impulse from the bottom. The target of the Short to then flip LONG is 18,950. Then we can continue to trade the channel.
by reiiss7
4
ETH Cup & Handle must hold wma200@1260 or 880/600 is comingIn this weekly chart,ETh must hold the green support zone near wma200 @1260 for the cup & handle pattern tp play out. BULLISH SCENARIO: ABC has ended with wave C bottomed at 883 & a new EW cycle begins with a cup & handle holding the1260 green zone & a BO of wma20 is coming. BEARISH CASE: A wave 5 of C is still in the making which may make a double bottom near 883 or even a lower low near 600. We will anticipate but not speculate. BE REACTIVE & NOT PREDICTIVE! Not trading advice
BINANCE:ETHUSD
by xtremerider8
3
TCC | Wave Analysis | Falling Wedge Breakout TargetElliott Wave Projection - Price action and chart pattern trading > Bullish Wedge Elliott Wave downtrend channel breakout > Key resistance SMA200 > TP1 @ 0.382 retracement of previous wave 5 - volume profile point of control zone equal to distance of wave E to the falling wedge breakout point > TP2 @ 0.5 retracement - upper resistance of key volume profile zone = distance of wave C > D from breakout point > TP3 @ 0.618 retracement - equal to the distance of A>B +30% > Entry @ Pullback SMA200 zone > Stoploss @ SMA20 zone -10%+ > Risk reward ratio: 3:1 Always trade with affordable risk and respect your stoploss
SET:TCCLong
by dukeposh
HANA | Elliott Wave Projection | Inverse Head&ShouldersPrice action and chart pattern trading setup > Elliott wave projection downtrend breakout with inverse head & shoulders pattern > A possible wave B rebound targeting 0.382 - 0.5 retracement of A > Entry @ H&S breakout SMA25W > Target @ 0.382 retracement of Wave A / SMA50W zone +25% > Stoploss @ right shoulder / SMA400W -12% > Risk reward ratio: 2:1 Indicator: > RSI Week bullish divergence, breakout MA line > MACD Week golden cross below baseline Always trade with affordable risk and respect your stoploss
SET:HANALong
by dukeposh
ZM accumulating @pandemic zone since Russian invasion; next TPsZM will continue to increase user base in the next few years even if work-from-home subdues. It has made a perfect ABC correction with A=C & is has been consolidating in the pre-pandemic 102 zone since Russian invasion started in Feb 2022. The risk of worst-case scenario is very low compared to the great upsides if a new EW cycle begins after ZM breaks above the pandemic zone & go above Ichimuko cloud in the 4Q2022. Not trading advice
NASDAQ:ZMLong
by xtremerider8
NVDA: Will pull back soon, but bullish longtermNVDA provided a textbook 5-wave impulsive move off the low. The 3rd wave tagged the 1.618 extension and the 5th wave has reached the 2.0 extension. This move has been very clean. However, the fibonacci extensions have been reached and now momentum is beginning to fade (see MACD). That being said, I expect NVDA to pullback over the next 2-3 weeks. I would like to see price retrace to the .5 - .618 retracement levels, filling the gaps in an A-B-C pattern, followed by a push back above the Wave 1 high. If this happens, the price target for wave 3 will be in the 240-250 range.
NASDAQ:NVDALong
by TomDaSpankEngine