The AD is causing an ascending triangle on the 2hr chart
I'm forecasting here, so give me a little rope. The AD is ascending (ascending triangle technically) to $407-$408 area. It's likely to retest the 3rd leg of the Eliott wave which was sold off. This rejection, can cause a bearish Head and shoulders pattern.
look at wave 1 as the left shoulder, wave 3 as the head, and this final push in attempt to invalidate wave 3 which will likely cause a bearish head and shoulders pattern.
Tomorrows FOMC meeting/discussion is going to be more volatile than normal. Imho, both bulls/bears should be able to eat. I wont take a short position til after $407.50 is touched.. Look at the market heavyweights TSLA, AAPL, SPY (obviously), for clues but will also be looking at
UVXY,
FAZ,
TLT for additional clues.
so seeing this now, I likely wont beat up futures... I'll just be monitoring and posting some updates to the chart. Im both a bull/bear when I need to be..
I'm forecasting here, so give me a little rope. The AD is ascending (ascending triangle technically) to $407-$408 area. It's likely to retest the 3rd leg of the Eliott wave which was sold off. This rejection, can cause a bearish Head and shoulders pattern.
look at wave 1 as the left shoulder, wave 3 as the head, and this final push in attempt to invalidate wave 3 which will likely cause a bearish head and shoulders pattern.
Tomorrows FOMC meeting/discussion is going to be more volatile than normal. Imho, both bulls/bears should be able to eat. I wont take a short position til after $407.50 is touched.. Look at the market heavyweights TSLA, AAPL, SPY (obviously), for clues but will also be looking at
so seeing this now, I likely wont beat up futures... I'll just be monitoring and posting some updates to the chart. Im both a bull/bear when I need to be..
註釋
Notice the $407.88 target.. it lines up perfect w/ this theory. Im not a fortune teller, I just follow the money. we shall see註釋
monitoring this註釋
they going to make me put my bear suit on during futures session註釋
to be clear im not anticipating 註釋
uvxy premarket scalp, will hold til 3944 area.. if it hits before ny open, im out the scalp註釋
I also like 註釋
high probability but does have risk.. this is the bull flag set up im seeing. I have a position in 註釋
also notice the small base attached to the bull flag, which is acting as a cup/handle til we get confirmed breakout.. but fully expect more volatility. If scared, nervous stay on the sidelines註釋
The AD is also below the cloud along w/ the stoch rsi 註釋
stealth bull flag leading into fomc...註釋
looking for a retest , I see a series of cup/handles forming. Also coincides w/ TSLA cup/handle pattern. What you see on smaller time frames, lead to bigger time frames til there's an invalidation. I.E if you see a cup/handle pattern on the 1,3,5min chart it will continue to form on the higher time frames until there's an invalidation. if you scroll up, you'll see the cup/handle pattern on the bigger time frames. They haven't been invalidated yet. NOT TRADING OR FINANCIAL ADVICE, im just sharing my trades, thoughts, and experience註釋
3963*註釋
now when I attach the flow to the main chart, the AD ascends til 3966 APEX. At that point, we would have to wait for confirmation of the direction tradingview.com/x/uhMzQJB4/.註釋
needs to hold this trendline註釋
needs to hold this trendline註釋
also approaching the apex near 3966註釋
gotta swim w/ the sharks or get eaten by them. going have this close inside my apex and bull flag.. and potentially close above yesterdays close. if this happens in the next few minutes this going to be a huge win for me註釋
after 406 hits, it'll be my last public chart that I post on Tradingview手動結束交易
No more updates will be provided...免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。