wadecj84

wadecj84

You can see how gold retraced to the 618 level and formed a double bottom. We also have a bull flag formation. Two important levels will be 1860 and 1920. Also the previous high at 2070. Measured move is 2300 target.

wadecj84 Updated 

We had a wedge breakout and retest. You can also see the supply zone that price rejected out of. If you also had a railroad track candle stick pattern form. Target 1 is the .618 fib of the wedge. T2 is the low pivot. Possible 11 to 1 RR

wadecj84

Demand zone formed by decreasing candle size into increasing candle size with a pinbar in the middle. 1.4030 entry. Sl below pinbar.

wadecj84

You have a trendline break within a expanding triangle. Used the traders trick entry TTE by Joe Ross for entry. You also have a possible contiuation down to 3200 that would complete a ab=cd pattern.

wadecj84 Updated 

You can see the EG is actually in a cup and handle pattern. I marked the supply zone off the 1hr chart. Im looking for price to pullback to the 50 fib around 86.20/40 area. Ill put half my order as a limit with a stop above 86.60. Then i will look for a candlestick to get in for the rest of my order. You can see the take profit area which is a simple ab=cd...

wadecj84 Updated 

Spike and Ledge pattern is my favorite. You have a huge run up in price then some nice consalidation. Your first entry can be a limit at the pivot of where we started moving sideways with the stop above the high/low. You can put a second order on at the bar that closes beyond the conslidation. I use the the extremes of the candle for my entry and stop loss. ...

wadecj84 Updated 

You can see how price moved to the measured move of the double bottom and got rejected at the supply zone. You can also see the 123 waves have played out. Look for wave 4 to retrace to some where between 1800 and 1815. then look for a long to 1850/60 which would be wave 5 and would run to where price intersects the downtrend line from the highs and a supply zone.

wadecj84

The double bottom path is in green. You can see the measured move would put price at 80. You can also see each impulse leg the last two times have been almost equal. So the next one would put it around 72 along with a median line from a pitchfork. Plus its spring/summer time. Time when everyone goes on vaction and needs gas to get there. time for price to rise.

wadecj84

Nice and clean ascending triangle or even bull flag however you want to look at it. Plus if that 2 trillion infarstructure bill gets passed guess what will build all those new roads and stuff. CAT!!!! 280 is first price target.

wadecj84

You can see the GN has clearly formed a beautiful H&S pattern. The measured move is marked out. Plus the big supply zone that price will have to contend with. But the path is clearly up for GN for the time being.

wadecj84

Price broke the trendline, with a gap no less. You can also see the abc correction with the measured move putting us at 400 area where price left a gap and a 50% retrace from the high.

wadecj84

Two beautiful bull flags on the EJ. You can see where the potential measured moves will put you.

wadecj84

You can clearly see that price is respecting supply and demand zones. The last time doge went parabolic it dropped 65%. If it follows that again this time it will put it around the 26 level which is confluent with a ab=cd pattern and the measured move a H&S pattern. From there last time it rose over 300%, which would end up putting doge at 1.2 at the end of the...