CVS Long Swing 1H Conservative Trend TradeConservative Trend Trade
+ long balance
+ support level
+ 1/2 correction
+ ICE level
+ volumed 2Sp-
+ volumed bullish bars
+ unvolumed bearish bars
Calculated affordable stop limit
25% 1 to 2 R/R
25% 1/2 of the daily range
25% Daily T1 level
25% Monthly 1/2
Daily context
"+ long impulse
+ T2 level
+ support level
+ 1/2 correction
+ exhaustion volume below"
Monthly context
"- short impulse
- unvolumed T1
+ support level
+ biggest volume manipulation"
Waves
TM Daytrade M5 Long Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ volumed transition extremum / T1
+ support level
+ volumed manipulation
- no trading signal (last M5 of the day)
Calculated affordable stop limit
Take profit $205.59
Hourly context:
"- short impulse
- unvolumed transitory extremum / T1
+ support level
+ volumed manipulation"
Daily context:
"+ long impulse
- biggest volume on top
+ T2 level
+ support level
+ volumed manipulation
- 1/2 correction?"
Monthly context:
" + long impulse
+ SOS level
+ 1/2 correction
+ support level
+ weak approach
+ volumed manipulation"
OCO 4A: Sell Shares of TM Limit at $205.99 (Good 'til Canceled)
OCO 4B: Sell Shares of TM Stop at $201.58 Limit at $201.70 (Good 'til Canceled)
TGT Swing 1H Long Conservative TradeConservative Trade
+ long impulse
+ Daily 1/2 correction
+ T2 level
+ support level
+ 2Sp+
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
1 to 2 R/R take profit
Daily context:
"- short impulse
+ biggest volume T1
+ support level
+ volumed 2Sp+
+ weak test
+ 1/2 correction"
Monthly context:
"+ long impulse
+ SOS level
+ support level
+ close to 1/2 correction"
TGT @NYSE Bought Market, Day
Profit Taker Sell Limit 150.02, GTC
Profit Taker Sell Stop 144.77 LMT 146.70, GTC
Hellena | SPX500 (4H): Long to 5549 area (Wave "3").Dear Colleagues, I believe that price will continue its upward movement to the 5549 area. I think that now the wave "3" of the higher order continues its active development.
Possible correction in wave "2" to the area of 5369.9.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): Short to 100% Fibo lvl 2266.738.Dear colleagues, I've been thinking and drawing waves for a long time and here are my thoughts.
I believe that Price will still reach the target level of 100% Fibonacci level extension 2266.738 .
Price is now in a wave "4" of higher order and in a small but complex correction. Corrections are always complex and not predictable, but wave "4" should be completed.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Triangle Breakout in MHRIL...Elliott Wave Analysis:-
Triangle correction taking place.
triangle breakout happened.
triangle retirement taking place.
Slight bearish is expected before a raise
We can accumulate bit by bit in every fall with stop loss of 369.20 .
I am not a SEBI registered advisor.Before taking a trade do your own analysis or consult a financial advisor.I share chart for education purpose only.I share my trade setup.
CME 1H Long Swing Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ biggest volume T1 level
+ biggest volume 2Sp-
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
Takle profit:
+ 1/3 1 to 2 R/R
+ 1/3 to a Daily CREEK
+ 1/3 to a monthly 1/2
Daily Context
"- short balance
- unvolumed ICE level
+ support level
+ biggest volumed of the Day wave"
Monthly context
"+ long impulse
+ 1/2 correction
- volumed T2
+ support level
- unvolumed manipulation"
TGT 5M Long Aggressive DaytradeAggressive Trade
- short balance
- volumed expanding ICE
+ biggest volume Sp
+ weak test
- above first bullish bar close entry
Calculated affordable stop limit
1 to 2 R/R take profit
Hourly context:
"+ long impulse
+ 1/2 correction"
Daily context:
"- short impulse
+ biggest volume T1
+ support level
+ volumed 2Sp+
+ weak test"
Monthly context:
"+ long impulse
+ SOS level
+ support level
+ close to 1/2 correction"
If the day closed bullish I'll double up
TGT @NYSE Sell Limit 146.11, GTC
TGT @NYSE Sell Stop 141.69 LMT 143.16, GTC
PFE Long 1D Conservative Trade DCAConservative Trade
"+ long balance
- volumed expanding ICE
+ support level
+ volumed 2Sp-"
Monthly context
"- short impulse
+ 1/2 correction of 15 years long trend
+ historical volume
- resistance level"
There's no trading signal, but I like volume distribution on daily, so started to accumulate shares little by little.
No stop loss or take profit at this point, we'll be adding as we go.
VZ 1H Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short balance
+ expanding ICE
+ biggest volume 2Sp-
+ weak test
+ first bullish bar close below entry
Calculated affordable stop limit
1 to 2 R/R before 1/2 of monthly take profit
OCO 3A: Sell VZ Limit at $40.35 (Good 'til Canceled)
OCO 3B: Sell VZ Stop at $38.91 Limit at $39.39 (Good 'til Canceled)
Daily context:
"- short impulse
- unvolumed T1"
Monthly context:
"+ long balance
+ historical 1/2 correction
with exhaustion volume in the end
+ initiative take over
+ ICE level
+ volumed? 2Sp
+ test"
Very interesting similarity between the ES1! and YM1!I was recently watching a video in the ideas section of trading view and I notice this person speculates that the price will drop lower in the Dow Jones. Interestingly enough, this also lines up quite well in my charts. It's important to notice that many differences exist between these two tickers. The fluctuations of the CBOT_MINI:YM1! and the CME_MINI:ES1! are quite different. I had to adjust the n data previous points in the short term mean return indicator to 20 as well as set the sensitivity to 2. This way the chart was not overcrowded and easier to read. As well as larger short term MA and distribution was needed.
I'll take advantage of this difference to explain what happens when the parameters in the indicator change. There are two factors to the sensitivity of the indicator. One is the number of previous days considered (parameter n). The higher this value is, the less sensitive the indicator is, therefore it's better at detecting longer term trends. This is the reason why I include 2 in the indicator. One to see the short term trend and one for the long term trend. This in addition to knowing where we are in the distribution help me for a hypothesis of what is most likely to happen next.
One key factor of my strategy when trading is to never go short unless you are absolutely sure you are correct, always look for discounts and take profits. It's better to buy at discounted prices than trying to catch both waves of the market. You already know the market did one wave, what do you think will happen next? Of course, the next wave! I personally trade with no stop loss to not materialize erroneous entries and look to buy even more as prices continue to drop and are at attractive levels. Unless there is a clear possible break of market structure like it's visible here, as the 200MA has been used in the past as strong points of support and resistance. If this structure is broken, then it's quite possible that price will trend even lower, so this trade does require a stop loss.
When I was more of an intermediate and unprofitable trader, I relied a lot on two indicators, which did give me the ability to make somewhat accurate predictions. Since tradingview has kept increasing the restrictions on free accounts, I had to choose between two of my favorite indicators. The RSI and the MACD. I chose to keep the MACD as it's visible on previous trades. Mean Returns offers the value of these two indicators into one, plus tests out a new hypothesis that I've been testing so far with great success.
The basic premise of this indicator is to chart the market cycles in terms of average returns generated in the n periods before and the current one. Additionally, it creates the supposition that the market has inertia and therefore is likely to continue doing what it's already doing (aka: the trend is your friend)
I hope the original posters of the video @AdvancedPlays gets to see this and find it to be of value.
Always remember there are no certainties in the markets, only probabilities
Conservative Investment Trend Trade HD LongMonthly Trend Trade
" + long impulse
+ 1/2 correction"
Daily Conservative Trend trade
"+ long impulse
+ 1/2 correction
+ ICE level
+ support level
+ biggest volume Sp"
Calculated affordable virtual stop loss
1 to 2 R/R take profit
Broker set up:
May-20-2024
Buy HD at Market (Day)
May-20-2024
OCO 3A: Sell HD Stop at $332.37 Limit at $337.86 (Good 'til Canceled)
May-20-2024
OCO 3B: Sell HD Limit at $348.84 (Good 'til Canceled)
Alikze »» WAVES | Ready to retest the necklineIn the daily time, the long-term survey indicated that it is in wave 3 or C. that wave C had the ability to return to 100% of its previous wave, after which it entered the corrective phase.
💎But at the moment, due to the fact that it has faced demand in the green box in the 8H time, it will have the ability to retest up to the neck line area and supply.
💎 In the future, if it can break the supply area, the process will be reversed, and I will update it if the behavior and structure change.
💎 Alternative scenario: If the green box is broken, the correction can continue up to the $1.95 range.
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Hellena | GOLD (4H): Long to resistance area 2404.446.Dear colleagues, the markup turned out to be rather unusual, but I still assume that the price is headed for a correction in wave “4” (2328.823). This may mean that the price will soon start an upward movement at least to the area of the nearest resistance at 2404.446.
After confirmation of this movement we will consider options for further upward movement.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BTC simple analysis: box retestChart finished a bearish Elliot Wave and now can u-turn. Since it didn't complete full volume correction, it can go directly to 338% of E.W. fibonacci.
Fibonacci is between 2 and 4 of E.W.
The boxes are from an hour that was five times repited from a previous HH (or LL).
Retest can finish without hitting the box.
Sidenote: I have two boxes and don't know which on chart will go, but it will still go up so there shouldn't be any problem.
Looming AI Power Stock?
NASDAQ:MRVL The Chip Designer Company is a must watch stock especially this week with the upcoming earnings report.
This is my strategy:
Using Bollinger Bands and Fibonacci Retracement, we see a consistent trade volume and slight increase in volatility as the price drops below the SMA and nears the lower band. The price is currently $76.68. We can expect it to reach a price target of $77.75 (test strategy here) for uptrend confirmation.
USDRUB.P Long Aggressive DayTradeMonthly context
"+ long impulse
+ SOS level
+ support
- above 1/2 correction
+ volumed 2Sp
+ weak test"
Daily context:
"- short impulse
+ volumed T1
+ support level
+ volumed manipulation"
Hourly context
"- short impulse
+ biggest volume T1 level
+ support level
+ volumed 2Sp"
5M set up
- short impulse
+ volumed T1 level
+ support level
+ biggest volume Sp
+ weak test
+ first bullish bar closed entry
Calculated affordable virtual stop loss
1 to 2 take profit
BTC simple analysis: box retestChart finished a bearish Elliot Wave and now can u-turn. Since it didn't complete full volume correction, it can go directly to 338% of E.W. fibonacci.
Fibonacci is between 2 and 4 of E.W.
The boxes are from an hour that was five times repited from a previous HH (or LL).
Retest can finish without hitting the box.
Sidenote: I have two boxes and don't know which on chart will go, but it will still go up so there shouldn't be any problem.
LINK/USDT Weekly Analysis - Potential W3 target @ $34 NOT FINANCIAL ADVICE
TL;DR Amazing weekly close last week, break above 200VWMA, potential W3 target @ $34
BINANCE:LINKUSDT just had an amazing week last week (+23%), with 50VWMA acting as support and a break above the 200VWMA.
If $12 was a local bottom, we could expect a W3 to the $34 area (1.618 fib of the last leg up). A HH above $23 would be a great confirmation.
Should Elliot Waves keep playing out, we could expect a W3 retracement to the $23 - $25 area, followed by a W5 to the $40 - $50 area. Take this with a grain of salt as it's still very early and we will need confirmations. 🧂
The Weekly RSI just got back above 50, leaving plenty of room for moves to the upside.
BTC simple analysis: Wave reversalChart made a simple u−turn toward a midle low peak of a HH peak.
Big waves (w−z) still ongoing. Even so, I'll start selling now to take the first bearish wave.
Fibonacci is on a LL and midle HH. This is a strong fibonacci support if chart bounce on the 100% level once so then it reaches 288% or even 461%. I'm using it for reversal prediction.
STLA 1H Long Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ volumed T1 level
+ volumed Sp
+ weak test
+ first bullish bar closed entry
Calculated affordable real stop loss
1 to 2 TP before volume zone
Context on Daily:
"- short impulse
+ monthly support level
+ 1/2 correction monthly
+ biggest volume T1
+ biggest volume Sp"
Context on Monthly
"+ long impulse
+ SOS level
+ 1/2 correction?
+ support level"