Here we see a completed cypher pattern in the downward rally to the 1.618 extension of the BC leg. please excuse the fast post, just want to get this up for you all to see. Limit: .76076 Entry: .76479 Stop: .76772 Thanks for checking us out, like follow and comment Good trading ! Thank you !
Here we see a Cypher pattern on the New Zealand,/ US charts,. This Cypher pattern is supported by a linear regression of the last moves with a standard deviation of 2 &-2 and the source set on High. The market has completed the Cypher pattern and continued into some consolidation, which tends to be fairly normal. The expectation is that the market will rally out...
Here we see a plain old bearish bat pattern on the euro yen charts. It is likely that the market will quickly rally down to the 1.618 extension of the BC leg, i have it forecast at 1.5 hours. I placed my stop at the point X My entry at point B And my limit at the 1.618 extension of the BC leg Thanks for checking in, come back and see if it completes. As...
This is going much farther down on the news! its only getting worse!
Here i see a Cypher Pattern on the NZD/JPY chart. And what i noticed, if you zoom out; on the daily chart there appears to be a crab pattern that has rallied as if it going to complete as suggested, but this Cypher pattern has me thinking that the market will more likely continue in downtrend and break the structure of the crab pattern therefore ruining that...
A very simple and quick analysis of AAPL stock. As usual there is not much reason to be bearish on AAPL (Apple) stock, with the release of its new products and a game changing new watch, there are no major fundamental signs or technical indications of a fall in price. After the usual post announcement pull-back and consolidation that seems to affect Apple, we...
Stop-Loss level drawn on this chart. Happy Trading!
The strong U.S. dollar since late summer, on the back of a possible Fed Funds rate hike later this year and on an improving economy, has meant weakness in many other currencies across the world. This combined with a bear market in many commodities has directly resulted in a sluggish Aussie dollar. USDAUD has been trading in a well-defined uptrending channel since...
The stabilization in energy prices lately has meant relief in some oil & gas stocks. Halliburton shares have been one of them, putting in a series of higher lows since mid-January. The pullback in the previous two weeks sets up for a low risk buying opportunity (stop loss under $41.90). HAL is now poised to fill the gap from November ($46.70-$47.50 range) in the...
EUR / USD all time low and all time high 61.8% Fibonacci retracement level EUR / USD manage to stay above 61.8% Fibonacci retracement level for the 4th week in the row. EUR / USD looks like it did find support at 61.8% Fibonacci retracement level. If going Long, you may place the Stop Loss below 1.1090
#BUY / stop-loss 176 / target 225
short idea based on a stop hunt
Bullish Shark Pattern 4hr - Target 1: 122.38, Target 2: 122.78, Stop 121.60
A typical bull pennant with diminishing volume at the end. Whales might try to run the stops bellow 372 in a very sharp move. This trade idea becomes invalid once price reaches the apex of the pennant without any significant action.
Channel, Stoch RSI oversold, RSI oversold. Sell: 0.78846 SL: 0.79136 TP1: 0.78393 TP2: 0.77800
Falling Channel, Stoch RSI oversold, RSI oversold. Sell: 0.78846 SL: 0.79057 TP1: 0.78393 TP2: 0.77800
An easy method that I'm using to anticipate whale behaviour. Identify stop hunts, messure how much the whales drove price up/down to run the stops, and then project the same distance x2 to x3 in the opposite direction to have an idea around what levels whales would like to take profit.
Looking to short SPX after this double top. Once the neckline breaks you have several opportunities to place short trades ... Target is the longterm channel bottom at around 1737. Taking first profits at 1845.