Now we have this opportunity on this Bat Pattern and on this trade i going to take the first profits on .382 (fibo retracement) and the second target on .618 (fibo retracement ) ...So this trade i made it by the book :)
I know this is a little late, however there is still room for profit. If you look on the hourly, you'll notice a bearish gartley formation approaching the D leg to get you in on this trade if you aren't already in on it.
Long Opportunity on Cad/JPY Weekly Time frame.
Potential Head & Shoulders Pattern, entry on Break & Re test of Neckline. .
Hold strong and ride this one out if the Neckline is broken.
Goodluck!!
Watch out for the Head and Shoulders play on this pair.
Everyone has a different way of trading this formation, watch out for this pair when it moves closer to resistance (or the neckline.)
Follows, Comments, and Likes are appreciated!
EURNZD is giving us a Gartley pattern formation on the 30 minute time frame. This previous level of entry has been a strong support in the past, therefore we are expecting a good move back up to the 61.8 fibs level.
Trade with care.
This past week Litecoin made new highs. It probably caught a lot of people attention. Also probably got new buyers to buy at the high, just to see it slow down. The price is respecting the channel, therefore I will be waiting for a deeper correction before placing more buy for this coin.
Trade with care.
Strictly Technical Bat Pattern Retracement
STOCH SIGNAL // Overbought signals H1/H4/M30/M15 //Reversing in overbought conditions
GMACD // Trend/UP Medium D1/W1/M1
Looking for a bearish impulse wave from point D of this Harmonic bat. If price fails to retrace I will look to hedge my position to 149.XXX
Looking at what happened with my recent post on bitcoin and where it is now. There is a new buy setup coming soon. There is still a good chance for bitcoin to go either way in my opinion. Long term I still believe it will go up. The recent buy setup I posted is no longer valid and that is fine. Now we are presented with a new long entry, which if happens, give us...
Pretty awesome Ethereum is completing the 2618 pattern setup. I am hoping it forms a gartley for an even better long entry. We are heading back up to the $400. It would be an absolute amazing opportunity if Ethereum come back down to the 230 level after retracing to the 61.8 fibonacci level. This would give us an optimal entry with little risk involve. Let's...
We can clearly see that the stock is following a symmetrical triangle pattern. The stock has been oscillating between these two lines for months now. There is also a BAT pattern in formation at this very moment. I would buy in the 30$ area on monday and sell in the 34$ area few days later.
