Copying the previous major growth pattern and applying it to the most recent spike with updated ratios, here's what ARK's future could look like
LTC is currently on a trajectory to test $60 before a final descent into a Double Bottom. If you look at LTC's pattern from 9/4 - 9/15, we are following a very similar path. Expect LTC to retest a retracement of 61.80 before gaining enough fuel to break out of the bear downtrend (correction). Target is $38 for DB. Good luck. -MV
Double top forming potentially Wicks telling a story Really nice reversal candles forming at Monthly Res
Euros keeps on climbing compared to the dollar. But the dollar will eventually have to have a corrective phase. I believe this might be the phase, having divergence on the daily time frame, a harmonic pattern for bearish entry, and 2 doji rejecting indicating an exhaustion for higher highs. What are your thoughts? Trade with care.
Looks like the Pound could break through soon. I have put up some pending orders
AUDNZD bounced from the channel bottom and stalled under resistance. I'll wait after resistance will be broken and buy on support after some accumulation / reversal pattern . Best of luck :-)
The reason i look to sell is becuase CHFJPY in price action resistance zone and fibs resistance. The best setup will be after a false break as you can see on the chart. Best of luck :-)
It seems like BTCUSD is going lower and will hit support zone . If so, it will be a possible best place to buy for the long term. Best of luck :-)
We startet comparing the short to trend and volatility in FTSE and DOW, the correlation changed friday and FTSE whent up og DOW30 down. Dow will take fridays points back monday morning and a good possibility of a pennant pattern. A low risk trade can be done if we break the fabonacci 61,8 and a more risky would be right now in fabinnaci 38,2 - 20650. If the DOW...
I've recently been diving into the stock market world and the realm of technical analysis. I started reading a book written by William O'Neil called "How To Make Money in Stocks". To keep this short, he discusses a chart pattern called the Cup with Handle. So after reading about this a bit I decided to go out and find one on my own. Well I think I found one...
Price action came to potential reversal zone. We can take extended targets if bat pattern is in direction of the trend. Entered Bat pattern little bit below original entry Nice risk/reward, SL is above previous resistance. Target1 at previous structure low of the last impulse leg. Target2 is based on Daily timeframe structure and fibonacci confluence.
possibly another opportunity to get short @ 4400 with a bearish gartly
waiting the falsebreak will be confirmed by enter the channel and sell the retest. Scenario is marked on the chart... Best of luck :-)
Bullish bat formation on the H4 right on the trend line. This is a great time to start buying some NEO. It is a good idea to go on a smaller time frame to find an entry. Trade with care.
My overall outlook for NEO is to go back up and make new highs. NEO is really low right now, and it is formed a bat pattern on the 4 hour time frame. On the 30 minute time frame, I am looking to enter using the bat pattern setup. This post is a traditional target level. However, I will be holding this position very long term. What are your thoughts? Trade with care.
CHFJPY ~ Cup and handle "Trading with me is better..." Nika Lekishvili
Price inside strong buy zone - looking to buy after reversal pattern. Might get a nice pivot long here if trend will continue to the upside