Hey fellow merchants,
As our members know we now have had many advantageous buying and selling setups not too long ago. On this technical article, we’re going to current one other Elliott Wave buying and selling setup we acquired in American Airways (AAL) . The inventory accomplished correction exactly on the Equal Legs zone, known as the Blue Field Space. Within the following sections, we’ll clarify the buying and selling setup intimately and current the targets.
AAL Elliott Wave 4 Hour Asia Chart 1.14.2026
Present view suggests AAL inventory is doing wave (4) blue correction. The value has reached excessive zone at 15.13-14.43 (blue box- shopping for space).
We’re getting into lengthy positions inside the Blue Field. As the principle pattern stays bullish, we anticipate not less than a 3-wave bounce from this space. As soon as the value touches the 50 fibs in opposition to the B crimson connector, we’ll make positions risk-free and set the cease loss at breakeven and ebook partial earnings. Breaking beneath the 1.618 Fibonacci extension stage at 14.43 would invalidate the commerce.
Official buying and selling technique on How one can commerce 3, 7, or 11 swing and equal leg is defined in particulars in Instructional Video, obtainable for members viewing contained in the membership space.
Fast reminder on the right way to commerce our charts :
Pink bearish stamp+ blue field = Promoting Setup
Inexperienced bullish stamp+ blue field = Shopping for Setup
Charts with Black stamps usually are not tradable. 🚫
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AAL Elliott Wave 4 Hour Asia Chart 1.14.2026
The inventory has discovered patrons as anticipated and is displaying a good bounce from the Shopping for Zone which has reached and exceeded 50 fibs in opposition to the X crimson connector. We depend the pullback (4) blue as accomplished on the 14.93 low. Consequently, lengthy positions ought to now be risk-free. We’ve set our cease loss at breakeven and have already secured partial earnings. Now, we want to see a break of the (3) blue peak to verify that the following leg up is in progress. Whereas above the 14.93 low, the inventory ought to ideally goal the 16.88–17.49 space. Alternatively, if the value breaks 14.93, we’ll get a deeper pullback, which can enable us to enter lengthy positions once more at decrease ranges.
Needless to say market is dynamic and introduced view might have modified in the intervening time. You may test most up-to-date charts with goal ranges within the membership space of the location. Finest devices to commerce are these having incomplete bullish or bearish swings sequences. We put them in Sequence Report and greatest amongst them are proven within the Dwell Buying and selling Room
Supply: https://elliottwave-forecast.com/stock-market/american-airlines-aal-blue-box-2/