All trend lines are far from classics of Hyperwave theory. Please share your understanding of Hyperwave theory. If we break all rules and start to draw future scenarios which levels will confirm phase changes on possible longer term Hyperwave?
We have - key fib level - strong historical horizontal - touch of storm on EMASAR
Probably it is time to to take a bit of short at least for a day or two in spite of global up trend. We are bouncing between 2 horizontals & EMASAR has perfect storm on 15 minutes time frame. Green are first potential take profit targets. Like and see linked EMASAR indicator info.
EMASAR together with TD Sequential gave perfect entries on 6 days chart and 21 EMA on it added extra edge both for early exiting and reentries. Do you see anything obvious on RSI/Stochastic? Did something else work for you on this time frame? Share your comments and ask questions. Check linked idea if you are interested to know more about EMASAR and its...
H&S , EMASAR gives short signal on more and more time frames: Time to short with quite extended targets, U suspect that we may also see 4H storm within this downward movement.
H&S, EMASAR gives short signal on more and more time frames: Time to short with quite extended targets, U suspect that we may also see 4H storm within this downward movement.
If you are catching recent wave up look into daytrade idea to catch downward movement, purely EMASAR based setup
Using multiple time frames and publishing it after final confirmations and breaking of key levels. We may see price going back to 12500 and even beyond. I see this as movement in wide flat between 11600 and 12500.
Our favorite indicator shows that we switched to bear mode and it may last for some more time. It's a chance to get in with lower prices. Right now it's an obvious short term short with amazing RR.
Weekend roller coaster is over, now last shake out can lead to good growth back to weekend highs.