special present by haboston
👉 By this topic, I want to show to every new traders the nice patterns in US market. They have been the exact patterns of the tickers that I have traded in the past time.
👉 I summarize here as a document for myself as well as for new traders.
👉 I will update more here, every time I come across beautiful patterns.
Good luck with your trading!
#USstock #pattern #elliott wave #falling wedge #cup and handle
#bull flag #bear flag #technical #analysis #haboston
This is a completed Elliott wave of ET ticker in 2021.
This is a Cup and Handle pattern of ET ticker in 2021.
Price increases after Handle only reach 78% depth of Cup (2.85/ 3.64).
I traded when it started creating handle.
Usually, a Rising Wedge pattern is a bearish sign.
But this example shows, a rising wedge pattern can still be bullish.
Even the asymptotic price is very very high.
Reaching Fibonacci level 2.618
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