moneyflow_trader

$207.5 target w/ close above $121.80, C Wave Bull Flag Set Up

Long
moneyflow_trader Mis à jour   
NASDAQ:ABNB   Airbnb, Inc.
The AD is showing a bullish divergence on the Daily Chart, However on the weekly chart you'll notice a Bull Flag Set Up w/ a bullish Elliot Wave Count. Currently I have a C wave buy set up, but for less seasoned traders I highly recommend buying the confirm breakout.

Somethings to point out
1) you'll notice the 5th wave was rejected by the B leg of the bullish cypher pattern
2) B leg of the ABC pattern was also rejected by the B leg of the Bullish cypher pattern
3) Its important that these levels be flipped from resistances to support w/ a bullish close over both
4) I have 2 targets min. Target 207.50-$210 C leg retrace of the bullish cypher, and a Max $220 which is a X leg retrace of the bullish cypher pattern
Commentaire:
bullish divergence on the daily
Commentaire:
by the AD
Commentaire:
I haven't touched the chart since May. Monitor price action during and after fomc.. A retrace to 131 (back to wave 2/b leg) sets up a bull flag pattern... We have a potential bearish abcd pattern set up... Protect profits
Commentaire:
Commentaire:
would rather fill this gap now, rather than later
Commentaire:
Commentaire:
30min chart, The AD is showing an Apex of the Triangle...
Commentaire:
when overlapped w/ price action on 30min, I get $131 adding puts here
Commentaire:
Commentaire:
Will hop off short soon target
Trade fermée manuellement:
cashed my puts
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.