GGfx

GGfx

Potential long entry for HD is in the works. The stock has seen a recent drop due to the latest earnings report. After losing ~10% due to the negative market reaction, there may be an opportunity to go long. I've taken note of the following: - Approaching 200MA which can serve as support - Chart is currently along the lower bollinger band - Stochastic indicator is...

GGfx

Looking for LTC to test support around $245. Hoping things consolidate around this level. This also has confluence with the .618 fibonacci retracement. Any price within the teal box can be seen as a potential buy zone. I like that the RSI has also had time to cool off a bit (for the 1hr chart at least...things still a bit hot on 4 hr). If we see a hard break under...

GGfx

PTOY has been on a downward trend due to the following: Insane bullish run in Bitcoin Uncertainty about PTOY as a company (there is fear around miscommunication and execution from the executive team. Negative news and positive news are magnified within crypto) I'm not sure how soon, blockchain will be implemented within Healthcare...but I think it will...

GGfx

I got into STRAT at 0.00376346 (green horizontal line) or a value of $10.67 at that current time. I recognized a channel between the redlines. I also noticed a bat pattern completion at the bottom of the channel. BTC is currently on a massive tear attempting to reach $3,000, so I thought it'd be a good time to pick up some other coins using it. I'm still doing...

GGfx

After moving in an uptrend due to Coinbase & Segwit activation, LTC has been trading within a channel of $22 - $38. RSI has been able to cool down during this consolidation. I think that we'll eventually see a continued move upward past this channel and begin to move towards the $40-$50 range over the next few weeks or upcoming months. If we see a break towards...

GGfx

EURJPY has reached a daily resistance zone (shown by the red rectangle. On the hourly chart, I identified bearish evidence and decided to go short @ 116.080. I'll take profits at the retest of the red trendline. However, a high risk reward ratio trade could be to see if we drop all the way back down to the daily support zone (shown by green rectangle). Stops are...

GGfx

Waiting on some bearish indication in the red zone or at the completion of the D leg of this bat pattern. The trend broke the blue trendline, and is currently attempting to retrace. If the trend can't retrace all the way back to the blue like, and i see bearish signals in the red rectangle, i will go short a bit earlier.

GGfx

Look for EURJPY to retest the green structure level on the retracement from the new structure high. The green line is a structure level, and is also the .618 retracement line of the recent upswing. The trend could then bounce off of this line up to the next structure level. Look for bullish evidence around the green line to catch the upswing and formation of a new...

GGfx Updated 

I am currently short since 103.2. Looking to take profits on completion of Gartley D leg. Possibly look for a quick move long from there.

GGfx

I just got stopped out on one of my previous ideas (Bullish Gartley), but I think since this is completing at a critical structure level it will hold and bounce back up. I'm in at 103.876. We'll see where it takes us. RSI is clearly oversold at this point as well. Hope to see this things shoot up!

GGfx

Looks like a double top formed right at a structure line. If the market breaks the neckline, this could be the sign of a downward movement. To play it save, you can wait for a retracement back into the structure line and then see if the break lower occurs. I'll also keep my eye on the RSI. Would take profits around the .618 retracement of previous upswing.

GGfx

This pair seems to be making a decision on either bouncing off this daily resistance line, or breaking it. I'll have plans prepared for both situations. I was able to identify two potential Gartley setups...both waiting for D leg completion. Potential opportunities for long/short. I'll also have to see what type of news is released around the time of these completions.

GGfx

Potential Bat completion at the D league on the 30 min EURUSD chart. About 1.5 risk reward ratio. Might want to drop the SL down to the next support level. This market has been acting crazy as of late. On Friday it boosted up in the last hour before closing. I think this was due to the FBI reopening the Hillary Clinton investigation. I think the market is now...