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Elliowave

$DIS - Getting ready for its final move?Disney is on wave 5 from the covid lows. Its sitting on 2 AVWAPs and was rejected off another AVWAP. It tested the DTL from the wave 3 high after being rejected at the AVWAP of the wave 3 highs. There's currently a volume shelf at 175-176 where it has been consolidating. All signs point to a large move up, especially with Marvel phase 4 starting up, the charismas movie season coming and Disney plus showing strength in programing. Invalidation below a daily close of 167, confirmation above daily close of 202.
NYSE:DISLong
by ir-rizzle
EURUSD Price action at retracement level, EDT in Wave c?Dear all, As posted before we see some upward price movement at EURUSD at the mentioned replacement level. The Retracement might have ended with an EDT in wave c. In the 5 min chart the rise is impulsive. Let's wait for its retracement and analyse this thoroughly. If the retracment does fulfill the requirements, it would be a good opp from Risk / reward perspective. You could also wait for the price to reach the next Trendline. Merakshi
Long
by merakshi
1
AUDCAD LONGwe have a good setup here for AUDCAD using the Elliot Wave patterns. as you can see, it's forming a correctional flat pattern, with a bullish impulse. if break above happen, then we our target profit is at the 1D resistance above. and for any reasons that it will break below our support then we still have a good sell opportunity. but more likely it will break above the 1D resistance hitting the next 1D resistance as Elliot Wave is more on behavioral wave pattern in the market.
by cloverleaptrade