BALADNA forming a rounding bottom pattern and it's best to remain patient.
In BLDN daily chart, it shows wave 1, 3 and 5 are motive waves and they are subdivided into 5 smaller degree impulses labelled as (i), (ii), (iii), (iv), and (v). Wave 2 and 4 are corrective waves and they are subdivided into 3 smaller degree waves labelled as (a), (b), and (c). The 5 waves move in wave 1, 2, 3, 4, and 5 make up a larger degree motive wave...
Using Fibs Speed/Resistance Fan to identify Resistance and Support of QAMC price movement Give indications of any price level corrections
Here is our forecast what the price is likely to do next in few weeks. Frontkn is now moving in small corrective wave. Get ready for the next impulse wave.
Always used this method to determine the price action in the long run. Target to ride the 3rd wave - the most visually standing out wave.
No magic formula for this... If the trade goes against us, we've to exit. Keep in mind that every time we enter the trade, we exposed ourselves to a risk.
MPHC is moving in sideways since June last year and couldn't breakout the resistance at 2.193. The downtrend continues after the price broke support trendline 2.019 last month.
EW Impulses + Equality, Alternation within Correction, Depth of Correction Wave, Fibs Extension + Retracement Keywords: #TradingWithTheTrend #SpotAnImpulse #FiveSubWaves #ThreeBasicRules #ImpulsiveWaves #GoldenRatio
Always in the direction of an underlying trend. Use this method to allow early entry intro the trade and also compatible with Super Trend indicator. Counting the waves correctly is a must to avoid invalid TA.
Spot an impulse, 5 sub-waves. - EW Impulses + Equality - Alternation within Correction - Depth of Correction Wave - Fibs Extension + Retracement EW Impulse Guidelines ; (1) Wave 2 cannot retrace the entire wave 1. (2) Wave 3 can't be the shortest among waves 1, 3 and 5. (3) Wave 4 can't overlap with the price territory of wave 1. (4) Wave 5 needs to end with...
Small pin-bar compared to the previous candle. It's likely that the trend will continue.
Standby at MA-200 in daily chart...wait for the price to bottom out before buying it. High potential to quickly rebound...
If dpt break resistance at 3.80-3.90, insyallah ada potensi utk follow jejak langkah KPower...
Fan Line 1: Trough to 38.2% retracement Fan Line 2: Trough to 50% retracement Fan Line 3: Trough to 61.8% retracement Will expect price trends to reverse of breakthrough.
Sideways and level 25% of fib line acting as support. This fan lines can be used to estimate support levels or potential reversal zone. Need to break 50% fib retracement line to gain the positive momentum.
Another setup of impulsive wave by QGMD. Had completed wave 1 and 2. Price likely move in impulsive wave-3 Good entry during pullbacks or corrective wave during uptrends - at wave 4. Riding the trends at wave-3 and TP at wave-5
Impulsive + Corrective Waves + Fibs Highest chance to TP at 6.45