Hi again, We're near the end of the week and setups keep forming! This one is also a bullish symmetrical triangle. First by looking at the higher time-frames we did expect a rally in gold to correct the Intermediate Bearish wave that completed. The rally was fast and strong and it is currently resting at a symmetrical triangle for its b wave in order to make...
Please add some constructive feedback :) Have a nice sunday! See you tomorrow!
This is a perfect technical long play. Classic O'Niel. After testing 100DMA&Resistance the stock broke out from a flat base on big volume. Use 50DMA or 25DMA as your exit signal. Let it ride until the momentum is over.
Cypher pattern completed and another cypher pattern setting up in smaller time frame. I Break this trade into 3 targets Target 1 - 38.2% retracement of the cypher pattern which also close to 78.6% D leg (Smaller cypher pattern) Target 2 - I always set target 2 at 61.8% for cypher pattern Target 3 - Other side corrective wave 4 is on progress (ABC flat...
Hello again, Here I'm taking a look at Apple stocks once again. Nothing unpredicted, As you can see from my previous idea I highlighted a zone using fibonacci relations for the price reversal. Now I has bounced off of that area. We're currently sitting in the A leg of an ABC correction move. If you're a short term trader you can look for shorting...
MU has been channeling up since 3/2013 in a wedge that is due to correct by falling to the bull trend line. There have been 3 pushes, and it looks like the correction is taking on an ABC pattern. You could short now or short 1 tick below last week's low.
Why geometry works with numbers ... well, I could show you some of the stuff I have been working on, and numbers... regardless as how random or linear they may seem, have value associated.... sort of like Karma. Guessing when your going to get your Karma, is Forex ... a fickle bitch. The chink in this armor, is pretty straightforward... follow the trend. Guessing...
This structure shows current aims. We are on a simple a-b-c pattern. If the subdivision of the B-Wave is complete at 1280 then the following direction will decide if the C-Wave is going to be done or if the FIB Retracements will be break for a downtrend.
Potential harmonic Bat Pattern setting up on the CHF/JPY. This would be occurring in a solid uptrend and provides a very clean and identifiable 'XA' leg. I would look to retest the 'B' point.
To all of my followers - you may not see me publish many Elliott Wave formations, but this one is far too good and far too low of a risk NOT TO publish it. Take a look at this pattern and you will see what looks like an IDEAL, PERFECT and LOW RISK trade to sell short Russia here. The rally is a nearly perfect example of a corrective A-B-C flat rally that...