It seems we have a great opportunity for a LONG trade on the breakout of the corrective structure. EMAs show price action has hit the Mayo on the reversal and has also just hit the Water with a wick at the bottom of the candle. In my opinion, on the breakout of the corrective structure, a great setup will have been confirmed to trade the entire Wave 5 Impulse...
It seems Starbucks is continuing it's uptrend price action (Daily Chart) with a possible LONG entry based on a Bearish Cypher pattern formation if it becomes validated on the Hourly chart, to complete a Wave C correction/consolidation. Chart pattern suggests a high probability trade going LONG on this in continuation of uptrend, based on an Impulse Wave 1...
It seems that as some other players in the Lodgement / Hospitality industry, ACCOR is not immune to market sentiment and investor scrutiny... where currently a LONG position with a reasonable entry is a good trade, but only until what seems to be a completion of a triangle wave E, where if my analysis is correct, there should be a massive SHORT opportunity to...
It seems we have an overall LONG on a BULLISH trend for a Wave 3 completion. There is also a possible Bullish Butterfly pattern available in the Hourly chart to use as an Entry point on this stock. All EMAs show Bullish trend confirmation with TDI also giving previous overbought signal confirmation on the potential Bullish Butterfly about to form. In my opinion...
Based on the current Daily chart/pattern, there is a possibility to enter a LONG until the top of the channel trendline, before a substantial SHORT to the bottom of the triangle's channel trendline. IF the bottom trendline is broken, after consolidation and crossing the Blueberry EMA, we should be able to have confirmation of a significant Impulse wave downwards...
It seems that FBR (FastBrick Robotics Ltd - House Building Robotics Company) has already completed a wave 2 and is now on it's way 1/4 way through a wave 3 Impulse wave. Based on company fundamentals and performance, it seems that this not only would be great to long, but also great for investment portfolio investment stock. In my opinion, I see this company as...
It is possible that we have a Bullish Butterfly Harmonic Pattern forming and on confirmation, a SHORT setup can be triggered. My elliott wave count also lends credibility to this idea as it seems we are approaching the end of a Wave Y corrective structure. MACD however suggests downwards move as well as RSI as having already completed overbought status. However...
It seems there is a good chance that we have a possible SHORT on breakout of structure (after fibonacci move) Possible Entry#1. MACD, RSI and Stochastic all indicate bearish trend and overbought status. SMA indicates current bullish movement, which is expected to form a corrective structure before a SHORT setup can be taken. Harmonics suggest possible formation...
It seems we have a 100% confirmation of TGT (Target) going SHORT on a wave 3 on Intermediate, Minor and Minute Periods. MACD, RSI and Stochastic all show oversold positions and we shall see on next open of market, how far down the price action gap will take us before we see an upwards move on a correction because continuation of downwards Impulse move. SMA also...
It seems we have a beautiful setup on this pair, with a Wave 4 on the Intermediate Period possibly half way before confirmation of Bullish Bat/Bullish Butterfly Harmonic patterns to then trade the SHORT on a wave 5 Intermediate. These moves are quite large which means I will trade the wave 4 up to possible entry #A (and if it continues upwards to Entry #B, I...
It seems that we may have a possible Wave Y completion on the Intermediate Period, with a wave 5 on the Minor Period confirming it. On structure breakout, it is possible that we may see the start of a SHORT on a wave 1 minor of a wave 1 Intermediate. MACD suggests slight upwards movement before a bearish move at the breakout of structure. Stochastic already...
Comcast Corp New seems to be approaching the completion of a Wave 4 on the Minor period before continuing upwards for a Wave 5 to the upper structured trendline. Stochastic seems to be approaching overbought position whilst RSI seems to indicate downwards movement to oversold position, as well as MACD suggests continued downwards movement for a confirmation of...
A Beautiful Butterfly/Cypher possible Setup with Wave Y completion on Minor Period of Elliott Wave count, including 2 high probability targets with a 3rd and 4th target merging on the same price range. Price action seems to be confirmed with Stochastic and RSI both in the area of overbought. MACD suggests more upwards move possible before bearish price action for...
It seems we have 2 confirmations on this pair, one with a clear breakout of structure with an additional confirmation of a bullish Gartley on the Daily and Weekly. MACD seems to indicate bullish price action to follow whilst on both RSI and Stochastic we have overbought status at the moment so we can expect a pullback before continuing to break through the second...
We have a confirmed breakout of structure in a bullish direction with a possible Bullish Cypher formation to be completed. On the 240, we have a clear indication of structure breakout LONG and I'm expecting this price movement to continue to at least the first target area. If the second trendline breaks, we should expect price action to arrive at the second...
It seems we have a very high probability of a SHORT on the breakout of structure which has formed a FLAT pattern. MACD shows probable move downwards with RSI and Stochastic showing probable pending move downwards. Elliott wave count seems to suggest this is the last leg of an ABCDE triangle, where we are currently midway through wave E (Bearish). I'm of the...
We have a confirmed Harmonic Bullish Gartley on the 1H with what seems to be within a Triangle and mid way completing a wave E on the Minor Period. Both targets of the Gartley have been hit already, and now I'm awaiting a LONG on the completion of wave E on the Minor to then proceed to a SHORT for a wave 5 on the Minor period. SMA shows approaching bullish trend...
There is a possibility we have a bullish pattern forming to enable a LONG trade on this pair Pattern/Structure suggests a small up-move before a continuation of downwards move. Stochastic also suggests downwards move coming however RSI suggests the upwards move has yet to be completed. Harmonic pattern suggests a Bullish Butterfly has formed with a target at...