$207.5 target w/ close above $121.80, C Wave Bull Flag Set Up
The AD is showing a bullish divergence on the Daily Chart, However on the weekly chart you'll notice a Bull Flag Set Up w/ a bullish Elliot Wave Count. Currently I have a C wave buy set up, but for less seasoned traders I highly recommend buying the confirm breakout.
Somethings to point out
1) you'll notice the 5th wave was rejected by the B leg of the bullish cypher pattern
2) B leg of the ABC pattern was also rejected by the B leg of the Bullish cypher pattern
3) Its important that these levels be flipped from resistances to support w/ a bullish close over both
4) I have 2 targets min. Target 207.50-$210 C leg retrace of the bullish cypher, and a Max $220 which is a X leg retrace of the bullish cypher pattern
Somethings to point out
1) you'll notice the 5th wave was rejected by the B leg of the bullish cypher pattern
2) B leg of the ABC pattern was also rejected by the B leg of the Bullish cypher pattern
3) Its important that these levels be flipped from resistances to support w/ a bullish close over both
4) I have 2 targets min. Target 207.50-$210 C leg retrace of the bullish cypher, and a Max $220 which is a X leg retrace of the bullish cypher pattern
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bullish divergence on the daily ملاحظة
by the ADملاحظة
I haven't touched the chart since May. Monitor price action during and after fomc.. A retrace to 131 (back to wave 2/b leg) sets up a bull flag pattern... We have a potential bearish abcd pattern set up... Protect profitsملاحظة
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would rather fill this gap now, rather than later ملاحظة
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30min chart, The AD is showing an Apex of the Triangle... ملاحظة
when overlapped w/ price action on 30min, I get $131 adding puts hereملاحظة
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Will hop off short soon target تم إغلاق الصفقة يدويًا
cashed my puts
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.