5 wave with complete irregular flat for wave 2. RSI holding 40 lvl. Let me know your questions and happy trading!
Clear wave structure here we have two paths to keep an eye on. Line in the sand is 4200, but could dip as low as 4000 and still resume bullish trend. Currently looking to tp around 4200 zone.
Nice setup here with great r/r. As you can see there is a good chance that we just completed an ending diagonal which is a pattern that breaks sharply to the downside. We also have triple bear divergence on the RSI confirming weakness and the ending diagonal pattern, The harmonic pattern is not something I typically make trade decisions based off of however it...
Clear 5 wave down on the weekly with rsi bull divergence confirming the completion of the first cycel/leg down. Current structure suggests we are in either a new bullish trend or possible ABC correction that should take us up to test 4400-4500. As more structure develops we will have a better idea of if we are in a sharp correction or start of a new leg up to put...
Larger correction looks to be complete. First short target around $1075 but price is expected to continue further down past that, however I will look to tp 50% of position @1075 and add on the bounce from there.
Nice tag of long term bull trendline correction to the downside looks to be finished and fundamentally we are moving into a demand season. Happy Trading
Great cycle in play! looking for sharp move to the upside as Elon moves in!
we look to have a completed a 4th wave and have found support on key trendline. Bullish RSI divergence on H4 and D time frames. Target well be the 2.618 ext/618 retracement around 4400
looks like we have completed an ABC zig zag correction of the long-term cycle up. Measured A & C legs along with support and reversion to the long-term mean. Feel free to comment/ask questions. Happy Hunting!
Simple setup ew cycle complete and lower high confirmed. Entry is 102 stp is a break above red zone 107-109 with a daily close above target is 60-65
Currently looking for quick push up and then final leg down to complete a 5 wave impulse down off of the all time high.
Very nice wave structure on this coin. We have a clear extended 5-wave down, oversold conditions, and rsi hidden bullish divergence. I am waiting for the small pullback in purple to enter, no leverage. My stop will be below the local low, which I think will fall somewhere around 7.20-7.50 so we are looking at a solid r/r here as well.
Break down in structure looking to short down to 62ish level, previous tl and 1.618 extension off first move down.
Expecting more down side after completing an abc of the first big move down. Target for first leg down 3852
Union Pacific place restrictions on fertilizer load coupled with strong bear div on rsi and weekly breakdown of price structure. I will tp on half position at tp1 and hold the rest till tp2.
Oil breaking out of bigger correction. confirmed first wave up and entered on wave 2 finish and breakout
Eth breaking out of its correction and heading for .618 minimum.
XLM/USD looks to be getting ready to break out. Good bullish structure and longterm trend line test. Targeting $1-$1.20 for this run up.