scotchneat

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About me Another newbie testing out some market analysis techniques.
Joined United Kingdom
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDUSD 50% | 2 USDCHF 25% | 1 EURUSD 25% | 1
scotchneat scotchneat AUDUSD, 15, Long ,
AUDUSD: Round 2 against this bullish expanding triangle
50 0 2
AUDUSD, 15 Long
Round 2 against this bullish expanding triangle

So the first setup didn't play out, but I think this still has legs because my 3 bounce rule is still in just about in effect. I'm predicting a breakout up to the 1.618 after the next bottom channel bounce. Better to wait for confirmation after the upper channel line is broken.

scotchneat scotchneat USDCHF, 15, Long ,
USDCHF: Another early shout on bullish falling flag
22 0 2
USDCHF, 15 Long
Another early shout on bullish falling flag

Perhaps a bit premature still, but this setup has been cropping up a lot for me. 3 bounces off each channel, with the last one breaking out towards the 1.618 retracement of the final leg.

scotchneat scotchneat EURUSD, 15, Long ,
EURUSD: Bullish pennant ready to pop
28 0 2
EURUSD, 15 Long
Bullish pennant ready to pop

Aiming at the 1.618 retracement of 3rd channel bounce.

scotchneat scotchneat AUDUSD, 15, Long ,
AUDUSD: An early shout on bullish falling wedge
28 0 4
AUDUSD, 15 Long
An early shout on bullish falling wedge

As per description. I've been noticing the triple bounce wedge patterns a lot recently, with target price around the 1.618 retracement. Here's an early shout just for giggles.

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