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Impulsewave

Great LONG opportunity on breakout of corrective structureIt seems we have a great opportunity for a LONG trade on the breakout of the corrective structure. EMAs show price action has hit the Mayo on the reversal and has also just hit the Water with a wick at the bottom of the candle. In my opinion, on the breakout of the corrective structure, a great setup will have been confirmed to trade the entire Wave 5 Impulse wave. Note: There are about 5 Cypher patterns possible in the Hourly chart, however too many mixed signals for Harmonic patterns to be used in this particular chart at this particular point in time, I've preferred to stick with a pattern breakout of corrective structure. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
ASX:RIOLong
by UnknownUnicorn661419
A LONG opportunity for Wave E completion, then to a Big SHORT !It seems that as some other players in the Lodgement / Hospitality industry, ACCOR is not immune to market sentiment and investor scrutiny... where currently a LONG position with a reasonable entry is a good trade, but only until what seems to be a completion of a triangle wave E, where if my analysis is correct, there should be a massive SHORT opportunity to trade an Impulse a significant way down. EMAs all show the start of the Upward bullish trend together with TDI suggesting we have already had the Shark fin with blood in the water at Wave D point, which confirms the upward trend. Hopefully market sentiment will not punish ACCOR too much for lagging behind market expectations and performance. It seems some upper management 'proverbials' need kicking, very hard and very soon, in order for better performance to progress faster, in order to avoid a negative market sentiment which would be expressed in an Impulse wave downward, wiping off significant value from this stock. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
EURONEXT:ACLong
by UnknownUnicorn661419
Possible Wave 5 to follow completion of Wave 4 (Triangle)It appears a contracting triangle has appeared in wave 4 of an impulse (A contracting triangle can only occur in wave B, X or 4). A wave 5 impulse at the same degree as the contracting triangle could have already begun but I am taking a conservative approach since the substructure of the contracting triangle is not ideal. Entry Level: Once the extreme of wave D is broken. Stop Loss: Just beyond the extreme of wave E. Target: My system says pattern over hard take profit targets so I will wait for a 5 wave impulse to complete while managing the trade along the way (Lessen Risk -> Eliminate Risk -> Protect Open Profits). As a guideline wave 5 could possibly end around the line drawn from the extreme of wave 3, parallel to a line connecting the extreme of waves 2 and 4. Wave 5 could also possibly end around equal in size to wave 1 since wave 3 extended. It is not part of my strategy at the moment but I could possible add more trades during wave 5 since it is likely to take months to complete. Only posting this as an idea. I am trading on a demo account so I would advise not to read into this too much :)
Short
by ciano1993
Comcast Approaching Wave 4 on Minor Period for a wave 5 LONGComcast Corp New seems to be approaching the completion of a Wave 4 on the Minor period before continuing upwards for a Wave 5 to the upper structured trendline. Stochastic seems to be approaching overbought position whilst RSI seems to indicate downwards movement to oversold position, as well as MACD suggests continued downwards movement for a confirmation of wave 4 on minor period. Structure suggests that we have already broken out of wave 3 Minor (confirmed) and needs to complete wave 4 before starting wave 5, which should be a great trade. Once price action reaches the top structured trendline, we can take a massive SHORT to trade the correction/consolidation of the chart for some really great profits ! My gut feeling is that this stock will drop substantially, possibly below the lower trendline but we shall wait for now to see which way investors view the continuous dubious practices which have landed Comcast the largest ever FCC cable fine ($2.3 Million) which suggests upper management panic due to possible poor subscriber numbers, together with CNN's continuous engagement into fake news announcements and leftist rhetoric and poorly executed journalism, resulting in very low viewer audience which may possibly affect investor confidence over the next year. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
NASDAQ:CMCSALong
by UnknownUnicorn661419
USD/CHF outlook based on my understanding of Wave Principle Hello! I hope everyone enjoyed the holidays! I picked up a few books on EW and a lot of my ideas are updates as I progress my understanding of the EW principle. Thanks for feedback so far, the likes and comments! Let me know what you were thinking! If you like the idea give a thumbs up and if you had an idea post it in the comments. I'm looking forward to 2017 and expanding my knowledge of wave trading. I will keep my ideas updated to the best of my ability! It's almost time to enjoy the new year! I'll be taking a break from executing any trades!
by adambiers