chives152

chives152

A long trade based on ascending triangle and volume profiles. Longer term trade is also in progress.

chives152 Updated 

There is a clear pattern that could potentially repeat on gopro. After the past two bullish TK crosses the price entered the cloud and completed an edge to edge, then proceeded to enter another bear trend. On the three day chart we just had the TK cross and are very close to entering the cloud. The daily is less bullish, as the price entered a downtrend after...

chives152

This trade is contingent on confirmation on the daily chart. There was a falling wedge breakout, price formed a higher low, and is below the volume POC. Having a close in the daily cloud, and breaking above the black horizontal resistance is required to enter this trade. The target comes from volume profile and horizontal resistances. The red highlighted...

chives152

BAT is consolidating above a point of control. A long can be entered at minimal risk due to ability to place a tight stop under the volume profile POC. The alternative trade would be a break of the bearflag, which would give a short target.

chives152

This is a short trade based on the premise that ADA is in a bearish consolidation, and sitting right on top of the 4hr cloud. The flat cloud bottom will draw the price to it, and I will take profit at the red horizontal and the bear flag target/.5 fib The green zone below would be my long target entry if we break down like I expect. A break up through the blue...

chives152

ONT is currently a good short. it is at horizontal resistance it has a bearish divergence on the 1hr SRSI RSI is nearing overbought region it is currently in an ascending wedge, which is a weak pattern but tends to break down It is in the OTE entry zone for shorting It has a larger bearish divergence on the 4hr SRSI 4hr is on 8 count for Tom Demark...

chives152 Updated 

This is a pattern called an ascending broadening wedge. This pattern is bearish and tends to break down after a partial rise.

chives152

I believe there will be a trend reversal to bullish on GBPUSD. Factors: TD 13 countdown completed on the daily chart, signaling trend exhaustion. Price is finding support on previous resistance (green) and horizontal trend line. Daily RSI is bottomed Weekly is on a 7 count, so if bear trend continues after the next two weeks reversal or consolidation...

chives152

There is a bullish divergence on btc, enter trade on SRSI crossover. I expect that divergence to bring us into the 2 hour Ichi cloud, which combined with the flat cloud top is a strong indicator of a potential e2e move. Target for long is 7900

chives152

Short-term there is a good short opportunity here. Bearish Factors Hourly RSI is topped out Bearish Divergence on SRSI (yellow) C-clamp formation on Ichimoku Cloud At parallel channel resistance Larger hidden bearish divergence (red) Target is at horizontal 1.161 support, second target bottom of channel. This is in line with the larger hidden bearish...

chives152

There is potential for a trend reversal. Daily RSI is oversold Strong bounce on fib level Bullish engulfing candle Trendline Support If bull trend emerges, target is 1.20 to potentially form right shoulder of H&S. If bear trend continues target region for long is 1.10-1.11 on longer term trend support.