


SPY is in a ABCDE traingle wave and this is a trade idea if it breaks to the downside Price target is in green I am expecting a reversal and liquidity grab tomorrow after FOMC meeting to the upside then a wave 3 downwards to maybe 400 region.
Lets start with the macro Idea As of now if ES goes above WAVE B high (4198), I am bullish however if it doesn't then I will incorporate this trading idea. A head and shoulder pattern is forming in the daily chart, which is an extremely common structure in Ellliot waves 1 and 2. This is because it is a liquidity grab so ES can go up high into the next wave...
Hello all, ES is looking to complete its wave 1 before descending into wave 2 on the larger time scale. This trade is taken when ES breaks out of the second wedge pattern which is in orange. This looks to be a ABC retracement wave that is forming in the 5 minute. Thetrade will be invalidated if ES goes above 4198, which is also the stop loss for this trade. ...
Spy Analysis using elliot wave and price action I see an overall downtrend to as low as 360 region which will complete wave 2 and prepare for wave 3
Spy seems to have completed retracement and now it is looking to complete wave 2 into wave 3 so I am currently looking for long positions. It has room to go to 381 zone before it gets invalidated.
Spy will complete wave 2 in a zig-zag (5-3-5) structure and I will go long and try to catch wave 3 for long positions.
SPY Has completed ABC retracement and is now expected to move further after completing wave 2 within wave 3. There should be an extremely bullish run coming this week. But as always it is important to use stoploss and manage risk while trading. A pennant triangle is forming and I am expecting a break of that structure for further upside as shown on the chart.
SPY has completed retracement and now completed wave 1 of wave 3, here is a price target with high r/r. It is bringing wave 3 of wave 3 which should be extremely bullish. ALso a pennent triangle has formed, expecting break of triangle for further upside
SPY elliot wave SMC analysis. The ABC double combo retracement wave has completed now waiting on start of 3 which should be an extremely bullish run! Here is an example PT but it will run further IMO. Using FIb retracement to measure price target and S?D zones to further confirm.
Spy analysis using Elliot wave/SMC concepts. I am currently long and here is a trade idea with high r:r, feel free to comment
Here is a target price with risk to reward ratio setup using elliot wave theory and smc supply and demand zones. 1:3 r/r
Hey guys, this is my SPY analysis using Elliot wave theory, SMC, and fib ratios. We are completing wave 2 and I see a big move to the upside coming soon.
Here is my Elliot wave analysis on SPY, seems like the retracement has ended so I am looking at long positions either on wave 1 or wave 2 pull back or
I believe we will enter a bull run after the completion of the ABC retracement and retest of the previous trendline. This indicates the beginning of wave 3 which should end around 430 regions. 410 area provides some resistance and I have outlined a possible scenario that may take place around this resistance area. Provide any feedback or comments I would love to interact.
This is a bearish analysis of SPY with the completion of the first wave and the beginning of wave 2 retracement we can see the downside back to as low as 350 range.
This is an Elliot wave analysis of SPY also using supply and demand and technicals. Looks like wave 1 has been completed and we can expect a retracement today. I will look for long positions today with stoploss below the previous wave high. Price target for short term is 410 after retracement is complete.
My market prediction I see the market going up to 430-450 range before crashing Let me know thoughts
Continuation of my previous idea spy gapped down to 395 range. waiting for reversal confirmation before going long