Ambipath

Ambipath Updated 

Dash is forming a rising wedge and is preparing for a major take off. This cryptocurrency has been gaining traction and has several highly lucrative projects in progress. I plan to take profits at the top boundary of the wedge as there may be another retrace to the bottom boundary but after that I'm buying in for a long haul.

Ambipath Updated 

With the big bearish candle forming the newest high, hidden bearish divergence is confirmed. Low volume today already sent the price down sharply. Both Aussie and NZ news are coming up and I expect them to send the pair down.

Ambipath Updated 

EURJPY is to continue further bearish movement now that we are seeing more lower highs and lower lows as well as the inverted cup with handle chart pattern formation.

Ambipath Updated 

If price closes in a pinbar today, I will enter this trade. Seems like a good confluence of signals: top of the channel, oscillators overbought, pinbar forming.

Ambipath Updated 

This pattern is in the process of forming but I've had great amounts of success with it many times so I am trading it as it forms. High probability profit!

Ambipath Updated 

Textbook form! Putting a buy stop order above the latest candle.

Ambipath Updated 

Price will move down within a channel. A potential bearish divergence is forming to confirm this.

Ambipath Updated 

Gold price is at a key resistance level and it would be a good place for it to start going up from here but I see several bearish signs confirming further downwards movement. Big volume and only slight movement up on February 8th followed by a bearish engulfing candle the next day is the main sign. I'm predicting the price will go down to the next support slope...

Ambipath Updated 

This pattern is in the process of forming but I think it is highly likely to complete soon. After price dips one more level, it will retrace back significantly and then will continue falling. This position aims to capitalize on the falling to the third level.

Ambipath Updated 

Breaking down of previous major support levels and now forming of the inverted flag signals further downward movement of the price.

Ambipath Updated 

OIL has formed a neat rising wedge. Statistically there could be a downside breakout happening and the price could fall as much as 82% of the wedge's height. Additional signs supporting this prognosis are bearish divergences on the oscillators and potential ABC correctional wave. I'm placing a sell stop order that would trigger if there is breakout downward with...

Ambipath Updated 

An ascending broadening wedge has formed on daily gold chart and if it crosses the support line I believe the price could fall all the way down to the wedge's bottom level.

Ambipath Updated 

An upside down cup with handle formed on the 15min USOIL chart and I think it is time for a little retrace which should be approximately the same as the "depth" of the cup.

Ambipath Updated 

Fifth wave just concluded according to my analyses, time for some corrective action.

Ambipath Updated 

With triple top forming and several indicators in the overbought on daily chart, I'm going to short XAUUSD to at least 1258

Ambipath Updated 

FX:CADCHF This pattern is a potential confirmation to the previous bearish analysis(see in the related ideas). There is still a good chance that price action will remain within the established daily bullish channel and the ABCD pattern itself is not a definitive signal of further bearish movement. The risk of this trade is fairly high so I am putting a tight...

Ambipath Updated 

FX:USDJPY This pair is in a definite downtrend but with such huge moves down corrections are inevitable. The price will bounce up closer to the moving average. We have multiple bullish divergences on multiple indicators confirming this analysis. The projected take profit level is a 61.8% fib level. There is still a chance that it will honour weekly bearish...

Ambipath Updated 

FX:EURGBP This pair is displaying some bearish divergences on multiple indicators suggesting a potential head and shoulders formation on the daily chart. Multiple indicators on daily hit the bottom and reversed up so the immediate move will be upwards to form the right shoulder. Take profit is placed right near the previously respected S/R level although the...