Get started

Launchpad

Hard to say that MATIC will go up more...Hello, MATIC holders should be aware, it's hard to say that MATIC will go up more... now price in symmetrical triangle, I know it could break to upside, but who benefits?! Most of investors now in huge profits, and they will fix their profits ASAP if price will break this triangle down. So there is 10% probability price will push up from here and hit 450 level. Other probabilities on downward breakout side: Stoch RSI showing rising wedge (bearish pattern) and next support is 250, from it we can rebound to 310-320 levels, should be good profits. Other levels located below and have some good reasons for price rebound. So keep watching this and count your risks before any trade. Thanks, BR Artem
M
by ArShevelev
1
Insane LONG opportunity. Entry on possible Bearish Cypher targetIt appears, in my opinion, that we have an Insane (great) trading opportunity where we may be right at the bottom of a Wave 1 Impulse move on the Daily Period/chart. The count is based on a previous Impulse wave which finished around July 2014 and has been in a significant corrective pattern until March 2017. Based on pattern and elliott wave structure, the next move should be an Impulse move in Bullish trend (upwards). Due to all EMAs pointing to a complete reversal as too the TDI suggesting we are coming out of an Oversold market status, the only way is Up ! Once price action crosses the Mayo and the Blueberry EMAs, which will simultaneously be confirmed after a breakout of corrective structure, we can expect the continuation of a Wave 1. There is yet another confirmation on this chart, where I can see a FLAG has been formed, thus the probability of a LONG on this particular daily chart is extremely high. As long as fundamentals of Trip Advisor Inc, continue their current form, this stock is set to reach well past the moon which means it will be a terrific investment for long-term traders and investors. Entry can be taken in 2 positions. First position and most safest is the breakout of the corrective structure but beware of the pullback Fibonacci. The second position would be in the Hourly chart where the Bearish Cypher pattern should be validated within the next month, and an entry could be either at Position#1 or Position#2 to then going LONG (Buy) for the entire Impulse wave. ---------------------------------------------------------------------------------------------------------------------------------------------------------- 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:TRIPLong
by UnknownUnicorn661419