Asgarian

Asgarian

I doubt that I am so fast to recognize the pattern but I think constant updating of 0-B or possible B-D trend lines can be helpful

Asgarian

A Terminal impulse is forming. It is exactly like what BTCUSDT did last week. I wait to see what happens in the next week. if the price breaks the 2-4 trend-line, I will open a sell position after the first corrective move.

Asgarian

I follow these simple steps to open a profitable trade. At worst cases you break even. I used to trade according to step 5 for several month but I was not profitable. At hourly time frames, I usually find 6 to 8 trades per week in the Forex market. Please comment the post to improve this strategy, especially in terms of the use of RSI divergence. Thank you

Asgarian

A zigzag + x wave + triangle is what I see

Asgarian

I always wait for a correction to occur which is, for me, an area with multiple overlapping waves. The blue trend line is my signal line and I enter when it breaks sharply. The Wave which breaks the blue trend line may be wave X, a new impulse (hopefully), or a failure 5 based on the Elliott Wave principles.

Asgarian

In areas where price reach an important technical point, I wait to see what would be the next direction, instead of too many traders that open a sell at the channel top in this case.

Asgarian

The chart represents my counting in a full cycle of impulse and correction. w2 finished at 0.618 w1 and took double the time of w1. I know that there are a lot of ways to count this cycle and I shared this post to receive alternate counting from professional traders

Asgarian

Whenever I see BTC reacting to a support or resistance line, I wait for a pullback but mostly it doesn't occur. My recent one was the BTC reaction to the green support line in my chart that the pullback did not happen and I missed it.

Asgarian

Wave (A) is a clear Terminal Impulse so the wave after it is labeled (B), but I think (B) may be wrong because it is not as subdivided as wave (A). I will wait for corrective zigzag pullbacks to sell this pair

Asgarian

Simple Elliott wave counting considering all of the Neely's roles

Asgarian

I wait for a confirmation!

Asgarian

Three different confirmations to sell

Asgarian

I think it is one of the most accurate patterns in this market, having a very small SL and high RRR

Asgarian

completed in Asian session and I missed it. What a great setup was that

Asgarian

The chart shows everything

Asgarian

I was lucky that my SL was not hit

Asgarian

I identified another harmonic pattern on this pair and now taking partial profit

Asgarian

I identified a Gartley pattern after the completion of wave 5