Equidistant
Verizon is at the Bottom of Channel and the PCZ of a Bullish BatVerizon is certainly one to keep an eye on as it is at the Demand Zone of an Equidistant Channel that happens to be Confluent with a PCZ of a Bullish Bat Harmonic; I'v been watching and waiting a long time for it it for this Confluence Zone to be hit and now that it has i'v just bought 500 shares and am ready to take my chances here.
Completion waves of XAUUSD📈 CHART ANALYSIS 📉
Previously on XAUUSD! (You can hear the intro on US dramas 😁)
Gold is on the way to complete the 6th wave in Equidistant Channel (or 5th wave in Elliot Waves).
Also, it confluenced well with our pivots buy zone from last 2 weeks.
May we witness the final wave going well with our analysis! 😘
Trade wisely and much loves! ❤️
Bullish Update for BEST Inc SetupA few weeks ago i posted a Bullish Crab setup for BEST INC and while the price did briefly dip below the PCZ, the price never got near our stoploss and is now well above our PCZ.
BEST will be releasing earnings within the coming weeks and i expect it to have major gains leading to and after earnings.
As of today i have discovered that not only did BEST have a bullish crab on the daily, it also has created this long term weekly and monthly channel that it's at the bottom of with lots of bullish divergence on the RSI.
For more context on the original Bullish Crab idea refer to the idea located on the related ideas tab below.
Bullish Garley PCZ At Support Above The 200 Week Moving AverageTLT has hit a significant support visible on both the weekly and the monthly at a 78.6% Fibonacci Retrace from the previous low to high. I will expect to see TLT attempt a Bullish Reversal from the horizontal support zone i have highlighted in green. If we get any significant movement below the 200 week moving average then i would exit the trade. As for profit taking levels, i would take some profit once we near the last high and hold the rest as i believe we could go much higher.