This is not Bullish or Bearish - make of it what you want.
Just putting some info out there that I find interesting.
Just a thought; weekly 3, 4 and 5.

Makes for a monthly 3...

So what if?
Volume supports such a move.

Giving a nice little schematic structure;

With a weekly wave count;

And that makes the monthly look like a 3 is not fully formed;

If Weis is correct - then low volume shows an A & B

Meaning it needs a C

Explained this type of setup back in May;

Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Just putting some info out there that I find interesting.
Just a thought; weekly 3, 4 and 5.
Makes for a monthly 3...
So what if?
Volume supports such a move.
Giving a nice little schematic structure;
With a weekly wave count;
And that makes the monthly look like a 3 is not fully formed;
If Weis is correct - then low volume shows an A & B
Meaning it needs a C
Explained this type of setup back in May;

Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Note
click the image above to go to the post or the image below for the rocket post - play the idea to current time and you will see the logic.Discord Server for education and advanced techniques: discord.gg/5t3w47raHe
Masterclass Webinar: mayfairtradingevents.com
Prop firm partners (FTMO)
shorturl.at/hBEQ4
Masterclass Webinar: mayfairtradingevents.com
Prop firm partners (FTMO)
shorturl.at/hBEQ4
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord Server for education and advanced techniques: discord.gg/5t3w47raHe
Masterclass Webinar: mayfairtradingevents.com
Prop firm partners (FTMO)
shorturl.at/hBEQ4
Masterclass Webinar: mayfairtradingevents.com
Prop firm partners (FTMO)
shorturl.at/hBEQ4
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.