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Wave5

IS THE BEAR ENDED? NO, IT JUST STARTED - SP500Good Day Traders! Here's the trade idea and do let me know if you have any questions! 💰💰💰 Simply following us and we will get you guys our latest updates FOR FREE! Go to the link below & hit the " FOLLOW " button right now ! 👉 www.tradingview.com 👉 www.tradingview.com 👉 www.tradingview.com Our S&P500 setup: Rules: 1. SHORT ONLY when price broke down the trendline and retest its resistance. 2. SHORT ONLY when bearish candlestick formed in 1D chart. 3. DO NOTHING when above #1 & #2 are not met. TP 1 : level near 2500 TP 2 : level near 2200 TP 3 : level near 1800 CL : closed above 3000 RR > 5 Follow us Rule_no1 and get latest FREE updates ! "All winning professionals know the enormous importance of psychology. Most losing amateurs ignore it." DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
FOREXCOM:SPX500Short
by Rule_no1
NZDUSD DiagonalNZDUSD 4H chart looks like it is completing an Expanding diagonal. Here I'm expecting to see a completion of wave 5 (the last wave before downward movement) what I do not know, is where wave 5 would be exhausted. so I have 2 options on the chart. Option 1: wave 5 could be truncated forming a Thrust. Option 2: wave 5 could unfold up to its full length around price 0.61924. Both options are shown on the chart. Remember as Price Unfolds Market becomes clearer. I AM HAPPY TO CONTRIBUTE TO YOUR DECISION MAKING!
by Teokules
2
SP500 FORECAST - AGREE?Good Day Traders! Congrats to those who made money following our calls! 💰💰💰 Simply following us and we will get you guys our latest updates FOR FREE! Go to the link below & hit the " FOLLOW " button right now ! 👉 www.tradingview.com 👉 www.tradingview.com 👉 www.tradingview.com Above chart is the forecast we made on SP500. Currently SP500 is forming Wave 5. Breaking level of 2400 will confirm the formation. Please like and comment if you agree with us ! Follow us Rule_no1 and Happy Trading Guys:) "It never was my thinking that made the big money for me. It was always my sitting." - Jesse Livermore DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
FOREXCOM:SPX500Short
by Rule_no1
WAIT before a shortHello traders, usdcad is developing wave 5 and I think that it will at least reach the red resistance that I drew on the chart, if oil should go down usdcad could break the resistance; In the larger picture (DAILY CHART) there is a downtrend but the price broke a speedline demonstrating a new bullish strength. In addition the shor term trend is bullish and there is a sort of "cup" formation which could push up the price. Retail traders are 88% short so there are chances for new gains for the pair: remeber you must never trade in the same retail traders' s direction. I ll keep you updated and do NOT open short trades until wave 5.
by Dragon_Investments
1
S&P 500 on an endless high SP 500 in an eternal high SPCFD:SPX TVC:SPX If not everyone, but most people in the market must suspect that there is something strange going on in the economy. We are slowly discovering that the last bullmarket was marked by interventions that brought a certain artificial expansion. It can be said that companies and the market have grown on fragile supports. That's what we see clearly in the S&P500. The lack of good supports. What we can expect is that when a reversal movement finally comes, the fall could be brutal. But we still see the market surfing a Wave 5 end. I can make the last projections there near the 4000 which is when I expect the price correction to finally come or being more pessimistic a Crash in the market. I don't know when that's gonna happen. But the notes are for the next 2 or 3 years. I sincerely hope I'm wrong and all those who have been warning about it. Now for the important part of the analysis. The price has left an area of value in a range that is below and above 2700. This same region is where it formed this 4 wave and also serves to project the next high pivot that is already in progress and entering the upper hatch range which is the current resistance at 3300. Let's see how the price behaves on this level. Whether the market will create a new acceptance area or reject this price level.seeking a correction and a test of the value area. If the price does this and continues to rise it would disfigure this analysis. Let's see what will happen. Buying power keeps coming in. Certainly it is to maintain the euphoria of the market that already shows clear signs of exhaustion in the bullish move. ***************************************************************************************************************************************************************************************** SP 500 numa eterna alta Se não todos, mas a maioria das pessoas que estão no mercado devem suspeitar que existe algo estranho acontecendo na economia. Estamos descobrindo aos poucos que o ultimo bullmarket foi marcado por intervenções que trouxeram uma expansão de certa forma artificial. Pode se dizer que as empresas e o mercado cresceram em cima de frágeis suportes. É o que vemos claramente no S&P500. A ausencia de bons suportes. O que podemos esperar é que quando finalmente vier um movimento de reversão a queda poderá ser brutal. Mas ainda vemos o mercado surfando um final de Onda 5. Consigo fazer as ultimas projeções lá proximo aos 4000 que é quando eu espero que venha finalmente a correção de preços ou sendo mais pessimista um Crash nas mercado. Não sei quando isso irá ocorrer. Mas os apontamentos são para os proximos 2 ou 3 anos.Sinceramente espero que eu esteja errado e todos aqueles que tem alertado sobre isso. Agora vamos a parte importante da analise. O preço deixou uma area de valor num range que está abaixo e acima dos 2700. Essa mesma região é onde formou essa onda 4 e serve tambem para projetar o proximo pivot de alta que já está em andamento e entrando na faixa hachurada acima que é a resistencia atual em 3300. Vamos ver como o preço comporta nesse patamar. Se o mercado criará uma nova area de aceitação ou se irá rejeitar esse nivel de preço.buscando uma correção e um teste da area de valor. Se o preço fizer isso e continuar subindo desconfiguraria esta analise. Vamos ver o que irá suceder. Segue entrando força compradora. Certamente é para manter a euforia do mercado que já apresenta sinais claros de exaustão no movimento de alta.
OANDA:SPX500USDLong
by livemzavhenrique
GBPUSD - Elliott Wave Prediction + Automatic Counting IndicatorHI BIG PLAYERS, on this chart I want show you how my AutoCounting Tool for Elliott Waves works as well. The indicator works with a lot of counting in the higher and lower bars. The numbers are transparent and ovelapping. Where are more transparent numbers, there the number have a bright color. In this example you see on the uptrends the bright colorized Number 3 in the middle (it's 3 of III) and we have already 3 times of it: so this is why I know the wave 5 is finished. Moreover, the bullish impulse is started. Kind regads NXT2017
Short
by NXT2017
3
ORBEX: Correction Could Have Ended At 1.2767 Low! What Then?GBPUSD could have ended the wave minor 4 correction at 1.2768 Nov 8 low. This scenario sees the current structure as impulsive with minute waves 1,2 and 3 (perhaps 4 too) completed. In case prices slide below 1.2886 we could see the end of minuette wave a, then receive a b and c lower as part of an a,b,c zigzag. However, if prices break above 1.2940 the chances that we will see minute wave 5 creating fresh highs could increase. This could be followed by a minute correction a,b,c, and then another bullish impulse to complete minor wave 5 (intermediate wave 3). Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice.
Long
by Orbex
EURUSD Wave 5 ComingEURUSD is currently finishing a wave 4 and getting ready for a wave 5. There are two entries; a buy miniumum at the -27% of the ABC of wave 4 and a buy maximum at the -61.8% if wave 4 corrects lower. Keep in mind that the ECB has their interest rate decision and press conference on Thursday Oct 24th at 7:45-8:30am EST. This will cause a lot of volatility in the market. It could either push prices immediately higher or it could push them lower to our buy zones. First take profit (TP) is at the fib cluster of -27% & 50% @ 1.12300. Second TP at the fib cluster -61.8% & 61.8% @ 1.13000 round psychological number. The first & second TP's are both confluent at fib levels of 50% & 61.8% of entire year. The high of the year is at 1.15700 on January 10th and the low of the year made on October 1st. Will update upon completion of wave 5. This is for educational purposes only. This is in no way intended to be financial advice. I am not a financial advisor.
Long
by csohrab