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
Nota
bullish divergence on the daily Nota
by the ADNota
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 profitsNota
Nota
would rather fill this gap now, rather than later Nota
Nota
30min chart, The AD is showing an Apex of the Triangle... Nota
when overlapped w/ price action on 30min, I get $131 adding puts hereNota
Nota
Will hop off short soon target Dagangan ditutup secara manual
cashed my puts
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.