Good Week Traders
Intresting point Where SPX touch the low channel.
IF holds we might form Shark Harmonic Pattern.
If so I will look to short @ D POINT.
Rsi looks OVERSOLD which might support
this bullish move.
My bias right now on gold is long to around 1870 from an inverted head and shoulders (entry 1816) but I spotted this shark harmonic pattern which completed at 1835.
Targets are 1827 and 1822 where, depending on price action, I will probably take another long position.
For more trade ideas on gold you can follow me on TV or telegram t.me/goldtradesignals
A few weeks ago we got a bearish engulfing on Gamestop that too back over two weeks worth of gains we also closed below significant bullish volume on the daily and now price seems to be stuck under the 0.786; I fully expect to see Gamestop make a significant down move from here especially as the initial hype for the new consoles die down.
ABBV Be careful Potential Complete Zone of Cypher/Shark
Market : ABBV
Time Frame: 1hr
Pattern Template : Cypher / Shark Pattern
Predicted Direction: Short
ABBV updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence...