Hidden Divergence tends to appear within an existing trend. It signals the end of a consolidation phase within the larger trend. We call it “hidden” because it isn’t obvious to the untrained eye.
Bullish Reversal / EDT in 5th Wave Also at support zone
The inverse head-and-shoulders pattern : is a major reversal signal that forms at the end of a downtrend. It has three successive troughs, with the middle trough being the deepest.
Double Bottom + Trendline Breakout + Dow Theory Changed (Swing High Broke)
Understanding the SR Flip Price Action/CIP: (CIP: Change In Polarity) If you’re a trader or investor, understanding price action is crucial to making informed decisions in the market. One popular price action pattern that traders often look out for is the SR flip, also known as support and resistance flip Resistance can become support Price breaches a support or...
Golden Gate : When 20/50/100/200 EMA is near to each other , Price and Time correction is over this formation is observed Yellow Major Trendline Breakout is good entry point. Looks like ABC Correction is over in 2nd Elliott Wave . Ride the 3rd Impulse wave for Big Target.
Time Frame :Daily RSI Divergence - Bullish Reversal Pattern is showing in it. .
1]Second wave retracing to the 0.68% Fibonacci level. In Elliot Wave Theory, the second wave is typically a corrective wave that retraces a significant portion of the first impulse wave. The 0.618 (61.8%) level is particularly significant, indicating a strong potential support or resistance zone & suggesting it’s near completion. 2]Completed ABC Correction: This...
In Normal Chart looks like Fake Breakdown, In Heikin Ashi Candle - Swing Signal
Crude is now in over brought zone , Short neat 7200 level
Keep watch this Monthly trend line levels-It may take support here
Current daily Price is above Previous HA Candle , Price is also at Lower Bollinger Band.