GBPJPY Potential Long 5th Wave moveUsing our Elliott Wave Indicator Suite for the TradingView Platform we have found a potential long 5th wave trade on the 60 minute timeframe for GBPJPY.
The recent wave 4 has pulled back into our automated probability pull back zones. In this case good support was found in the Amber zone, which represents an 80% probability that our automated 5th Wave target zone (in blue on the chart) will be hit.
Our entry long is conservative through 141.03 with the stop loss just below the wave 4 pivot around 140.38. Our automated target zone is showing a potential 142 price as the target for this forex trade.
The 5th wave of an Elliott Wave Sequence is the highest probability move and our Elliott Wave Indicator suite for TradingView is designed to find and measure those potential 5th Wave moves.
Tradethefifth
BRKR Potential Long Breakout Trade using B.I.T.SWe are already long on BRKR on the weekly timeframe for a longer term investment using our Elliott Wave Indicator suite for TradingView. You can view that original Trade Idea >>>HERE<<<
The momentum has built with this trade and we are looking to add or indeed, for those not in BRKR yet, a trading opportunity using our B.I.T.S (Breakout Intelligent Breakout Signals) Indicator. Long at $50.12 with Stop at $48.34 and potential target at $54. This indicator looks for momentum with volume with contraction is price action to look for those high probability breakout trades on Stocks, futures, crypto and commodities.
This shows the power of long term investing and trading stocks with both of our Indicator Suites for the Trading View Platform
CERN - Long Term Swing Trading Opportunity - Elliott 5th WaveIts always great to have long term investments in your portfolio with strong growth Stocks. CERN is getting ready to be added to our portfolio after a recent wave 4 pullback on the weekly timeframe .
Using our Elliott Wave Indicator Suite for the TradingView Platform we can see the recent wave 4 met all of our criteria for behaviour.
1. Wave 4 pullback found support in the amber zone of our probability pulback zones, representing an 80% probability the price will go on to reach our automated target zone (in blue on the chart) around $80.
2. Elliott Wave oscillator pulled back between 90-140% during wave 4 pullback
3. Stochastic has pulled back against false breakout dots in over bought zone and then crossed in over in the oversold zone during wave 4.
A conservative entry through $69.55 is sensible here and will be a physical holding that will run into next year, 2020.
To understand how our Elliott Wave Indicator Suite works for the TradingView platform and how it can help your stocks, forex, futures , crypto and commodities trading, please watch the video tour >>>HERE<<<
ESZ19 Wave 5 LONG opportunity 15, 30, 60 minute charts all indicate wave 4 pullback setup opportunity into the painted retracement zone. I combine market profile with Waves in order to seek good locations for entry.
Price needs to cross below 3075.75 to meet the minimum retracement. There is a small zone at 3079.5-3078. This will make a good day trade opportunity but seems likely price will retrace deeper into the zone.
There is a VAL (value area low) inside of the retracement zone at 3070.75-3066.5 with a major Fibonacci leve at 3072. This is the zone that I will be monitoring closely for a reversal for price to continue higher. Finally, there is a 60-min demand zone further down (still well within the target retracement zone) at 3058.25-3055.
I will publish notes at a later time with a target zone above the current swing high. This zone will be a measurement of how deeply price pulls back into the target retracement zone.
Analysis of Recent Winning 5th Wave Trade on GNRCOn October 15th 2019 we posted a trade idea on our TradingView Profile >>>HERE<<< for a potential 5th wave long swing trading opportunity on GNRC.
This video explains the subsequent bullish move to hit our original 5th wave target and then a further 5th wave swing trading opportunity. This is a great example of our Elliott Wave Indicator suite in action during strong trending moves on Stocks, but is also as effective on Forex,Futures, Commodities and crypto currencies.
AWK Earnings Play Long 5th Wave Swing Trading OpportunityAWK reported earnings after the markets 30 Oct and had beat on EPS, which could be the catalyst for a Bullish move 31 October as conference call is due before the US markets open. We have used our Elliott Wave Indicator Suite for the TradingView platform to carry out this analysis.
Earnings plays are notoriously difficult swing trading opportunities so we like the back up of technical analysis before entering a trade. Using our Elliott Wave Indicator Suite we can see the wave 4 has pulled back into our green probability pull zone, which represents an 85% probability of our automated 5th wave target zone (blue zone on chart) being hit. Our criteria for our Elliott Wave Oscillator and special False Breakout Stochastic indicators have also been met.
So if we get an expected Bullish reaction to earnings today we will look for a conservative entry above the recent pivot at $126.02 with the Stop loss at $118.57, just below the wave 4 pivot. This gives a 1:1 Risk to Reward to our 5th Wave Target zone with an initial target price of $134.
Learn more bout our Elliott Wave Indicator Suite for TradingView >>HERE<<
Earnings Play for TERP - Potential Long 5th WaveTERP has earnings before the markets open, Friday 1st November. This is an earnings play combined with a potential elliott wave setup. We are using our Elliott Wave Indicator suite for TradingView to setup this potential Long Swing Trading opportunity.
The wave 4 has found support in our probability pullback zones. The rules for our False breakout Stochastic and Elliott Wave Oscillator have also been met. The risk to reward is great into our automated 5th wave target zone, in blue on the chart, with entry for this potential long 5th wave move at 17.24. The stop is just below the wave 4 pivot.
This is an earnings play and we dont want to enter this before Friday 1st November. So we are waiting for a positive earnings reaction pre market on Friday and entry long through 17.24.
Learn more about our Elliott Wave Indicator Suite for Trading View >>HERE<<
Testing our New BITS (Breakout Intelligent Trading Signals)Quick video of our first test for our BITS (Breakout Intelligent Trading Signals) for the TradingView Platform. We already have this indicator suite for ThinkorSwim, TradeStation and NinjaTrader and we are looking to launch for TradingViewe over the next week or so.
It uses our proprietary cloud based algorithm from our Smartlist giving breakout signals with price action volume and proximity to our points of Control.
In this example I was using Gold Futures, but it is good for Stocks, Futures, Commodities and Cryptocurreny.
KR Potential Long 5th Wave Swing Trading OpportunityUsing our Elliott Wave Indicator Suite for the TradingView platform we have identified a potential Long Swing Trading opportunity for KR on the Daily timeframe.
Wave 4 pull back has found support in our Amber pullback zone, which represent an 80% probability of our automated 5th wave target zone at $27.75 being hit. The Stochastic has crossed in the oversold zone against false breakout dots in overbought zone and Elliott Wave Oscillator has just moved below 90%. These three combined present a high probability move for this potential long swing trading opportunity.
Entry and Stop loss on our chart...
Learn more about our Elliott Wave Indicator Suite for TradingView by watching the Video Tour >>>HERE<<<
GNRC potential Long 5th Wave MoveUsing our Elliott Wave Indicator Suite for the TradingView platform we have identified a potential Long Swing Trading opportunity for GNRC on the 1 Hr timeframe. This potential 5th wave long has to breakout today for the trade to be effective before the end of the week.
Wave 4 pull back has found support in our Amber pullback zone, which represent an 80% probability of our automated 5th wave target zone at $90 being hit. The Stochastic has crossed in the oversold zone against false breakout dots in overbought zone and Elliott Wave Oscillator has just moved below 90%. These three combined present a high probability move, but we must enter today when price moves up through $84.84.
Learn more about our Elliott Wave Indicator Suite for TradingView by watching the Video Tour >>>HERE<<<
XRPUSD potential 5th Wave Long setting up on 1hr chartUsing our Elliott Wave Indicator suite for the TradingView platform we have identified a potential long 5th wave trade on XRPUSD. This Cryptocurrency is currently pulling back against an intra-day bullish trend on a wave 4 pullback.
In the video I discuss the rules using our Elliott Wave Indicator suite that must be met before we enter a long position to trade that high probability 5th wave move. If the rules are broken, then we dont trade it and move onto the next potential trade, long or short.
Watch the video tour of our Elliott Wave Indicator Suite >>HERE<<<
USOIL - 5th wave short or a Wave 4 Failure for LongUsing our Elliott Wave Indicator suite for the TradingView Platform we have to potential setups for USOIL intraday.
Firstly and the mot probable is a 5th Wave Short through $53.50 with a $50 target in our automated 5th wave target zone. Alternatvely if we get a wave 4 falure up through our red zone (probability pullback zones) we will be looking for a long counter trend trade.
This is an example of using the rules within our Elliott Wave Indicator suite strategies to identify circumstances for both Trend and counter Trend Trades.
Watch the video tour of our Elliott Wave Indicator Suite for the TradingView Platform >>>>HERE<<<
Long Term 5th Wave Swing on PYPL to the UpsideIts always great to have long term investments in your portfolio with strong growth Stocks. PYPL is getting ready to be added to our portfolio after a recent wave 4 pullback on the weekly timeframe.
Using our Elliott Wave Indicator Suite for the TradingView Platform we can see the recent wave 4 met all of our criteria for behaviour.
1. Wave 4 pullback found support in the amber zone of our probability pulback zones, representing an 80% probability the price will go on to reach our automated target zone (in blue on the chart) around $130.
2. Elliott Wave oscillator pulled back between 90-140% during wave 4 pullback
3. Stochastic has pulled back against false breakout dots in over bought zone and then crossed in over in the oversold zone during wave 4.
A conservative entry through $112 is sensible here and will be a physical holding that will run into next year, 2020.
To understand how our Elliott Wave Indicator Suite works for the TradingView platform and how it can help your stocks, forex, futures, crypto and commodities trading, please watch the video tour >>>HERE<<<
Already Short MU on 5th Wave BUT looking to add more!!SO we are already Short MU on the 60 minute timeframe on a 5th wave move with target of $41 using our Elliott Wave Indicator Suite for TradingView. Our original short entry was $43.66. I have placed a trailing stop just below the entry to now make this a "Risk Free Trade"
I am looking to add to this short position if MU breaks out of this short term range. So further a 2nd short entry position will be at $42.48.
Find out more about our Elliott Wave Indicator Suite for the TradingView Platform by watching the Video Tour >>>HERE<<<
EURUSD 5th Wave Long - 5 minute time frameUsing our Elliott Wave Indicator Suite for the TradingView platform we have identified this potential long day trading opportunity on EURUSD (5 min timeframe).
Wave 4 has pulled back into the amber zone of our probability pull back zones, which represent an 80% probability the price will go on an hit our Automated target zone , in blue on the chart. Our Elliott Wave Ocillator measurement is good and we have a crossover on our false breakout stochastic on the over sold zone. The yellow squares on the overbought zone denote a stong Bullish trend and when wen crossover in the opposite zone, there is a good possibility the stochastic will return to the main bullish trend for this timeframe.
Trailing stop used to manage this trade and very close as we are getting closer tot he US open.
Learn more about our Elliott Wave Indicator suite for the TradingView Platform by watch the video tour >>HERE<<
Potential Long 5th Wave move on Gold GC1!Using our Elliott Wave Indicator Suite for TradingView we have determined a high probability 5th wave Long on Gold Futures (GC1!) through 1504. Stop loss just below our Wave 4 pivot and our automated 5th wave target zone is showing a target price around 1536. This trade is good on the 1hr, 2hr and 4hr timeframes.
Watch the video tour to learn more about our Elliott Wave Indicator Suite for TradingView >>HERE<<
Potential Long Swing Trading Opportunity PSXP - Elliott Wave Using our Elliott Wave Indicator Suite for the TradingView platform we have identified a potential 5th Wave long swing trading opportunity for PSXP. We are using the Daily Tie frame for this analysis and would expect anything up t 25 Days in this stocks swing trade once through Entry.
Long Entry at $57.05 with Stop Loss below the wave 4 at $54.77 and Target of $61 in our automated target zone, which give a great Risk to Reward for this potential stock swing trading opportunity.
Our Elliott Wave Indicator suite concentrates on the behaviour of the wave 4 pull back and measures this in 3 ways. Firstly the Wave 4 has found support in the Amber zone (in our probability pullback zones) which represents an 80% probability that our automated 5th wave target zone will be hit. Next we have the Yellow dots in the over bought zone of our false break out stochastic indicator. When we get a wave 4 pullback against these yellow dots and a crossover on the oversold zone, there is a high probability the stochastic will return to that strong bullish move and into the over bought zone on the 5th wave move. And finally we measure the wave 4 pull back on our Elliott Wave Oscillator within 90/140%. In this case all of our entry requirements are met for a high probability 5th wave move.
next is entry strategy, which we teach in the accompanying training bootcamp. In this case we are going long outside of our Special 6/4 MA High (green MA) and above the whole $57 price.
To learn more about our Elliott Wave Indicator Suite for TradingView, please watch the Video Tour >>>HERE<<
Potential Short 5th Wave Swing Trading opportunity on ETRN Using our Elliott Wave Indicator suite for TradingView, we have setup a potential Short 5th Wave Swing Trade on ETRN (Daily Time Frame). Short Entry $13.61, below yesterdays low. Stop Loss at 14.79 above the 4th wave and our automated target zone is showing a target price around $11.50.
Our ElliottWave Indicator suite really looks into the performance and behaviour of the 4th wave to predict a high probability 5th wave move. In this potential short swing trading opportunity the wave 4 has pulled back against the main bearish trend and found resistance in our GreenPull Back Zone. this gives an 85% probability the price will go down and reach our automated target zone. Next we have the ElliottWave Oscillator pulling back and crowing within our set parameters for a wave 4 pull back. Also we have our False Breakout Stochastic that has the false breakout yellow dot on the over sold zone, which denote a strong bearish bias. When the stochastic pulls back against this strong bearish bias and crosses in the overbought zone, the there is a high probability of the stochastic returning to the oversold zone.
As you can see we have a rules based approach to trading those high probability 5th wave moves, both long and short on Stocks, forex, futures, cryptocurrency and more. Please watch the Video tour of our Elliott Wave Indicator Suite for TradingView >>HERE<<
Potential long 5th Wave Move - ETH 15 minGood looking potential Long 5th Wave move on ETHUSD using our Elliott Wave Indicator Suite and its tools. Wave 4 found good support in our Green Pullback zone, denoting 85% probability of out 5th wave automated target zone, in Blue, being hit. Elliott Wave Oscillator and our False Breakout Stochastic backing this up. Entry 182.05 with Stop Loss just below wave 4 pivot and that Target zone around 188. Obviously is the stop is broken for the order, then cancel the order
Find out more about our Elliott Wave Indicator Suite for TradingView >>>HERE<<<
Our Elliott Wave 5th Wave Target Zone Hit on EURJPY Earlier today we made a quick education video discussing the tools in our indicator suite and how to use them to trade the high probability 5th wave moves. We used this EURJPY example as it was setting up. The orginal video can be viewed >>HERE<<
This next video is a follow to show our automated 5th wave target zone has been hit, completing a great Elliott 5th Wave trade on the 5 minute time frame for EURJPY.
Watch the video tour of our Elliott Wave Indicator Suite >>>HERE<<<