ArturoL

ArturoL Updated 

Top chart in monthly timeframe. Bottom chart in daily timeframe. I opened a small position with a wide stop loss. If the price climbs up above the trendline, I'll add. Plan to hold this trade a few weeks.

ArturoL Updated 

Price is retesting the broken support now resistance. I don't think is going to break it through. I just bought some puts expiring on dic 16. Let's how it plays out.

ArturoL Updated 

Nice bounce off the support level. Apple ready to retest the resistance level. Most likely to push the index higher too. We still are in a bearish market, I bought some calls that expire in two weeks, price can turn around at any moment.

ArturoL Updated 

No much to say. Continuation pattern. Following the current downtrend, accumulating underneath the resistance. If price breaks out below 112 most likely to keep falling

ArturoL Updated 

Price is bundling up on a bearish flag ready to break down at any time. It is worth to open a small position, if price bounces off to the upside I will add to my short position, same thing if it break down. This trade can last a few months but the risk reward is big. Just a little patience.

ArturoL Updated 

The pair is still in a strong uptrend. No signal of getting behind. Price is about to break up the triangle to the next psychological resistance at 150.

ArturoL Updated 

Check my previous post lines below. Time to open a long position.

ArturoL Updated 

Gol just hit a strong support previous resistance and is building up a retest to 1800. Is going to take a few more days, I opened a small position and I will add if it breaks up the channel. SP around 1670 zone.

ArturoL Updated 

Oil is finishing up a HS, after a big push to the upside now if time for correction.

ArturoL

GBP/AUD just landed over a mayor and old resistance level in the weekly and daily timeframes. RSI shows oversold on both timeframes. I'm not opening any positions yet, I want to see a nice bounce off with big volume before it, or a bullish daily pattern like a double bottom. Keep it on your watchlist. GBP/NZD is doing the same.

ArturoL Updated 

CROX, the ticket symbol for Crocs footwear company is forming a HS in the weekly. The pattern is not completed yet but I'm not waiting. I just opened a short position at current price and expect it to finish out the pattern in the upcoming weeks. A more conservative approach would be to wait until the pattern is completed an open a short position at $104 level...

ArturoL Updated 

Top chart shows heavy bearish pressure in the weekly timeframe and the trice broke an important support now resistance and is testing it . In the daily we can see a bearish flag forming, I don't think is going to break through the resistance levels son I opened a small position, if I see price breaking the support of the bearish flag in 4H I will add to my short...

ArturoL

This idea is related to a previous post (see comment below to open that post). Price just broke mini support of a bearish flag is a good time to add to your previous position or open a new trade. It may pull back for a couple of days but at the end the bearish pressure will make it fall.

ArturoL

BTC and Nasdaq are highly correlated, both are forming a HS with decline neck! at the same time on the weekly timeframe. Big correction is coming for both, I'm short on both, big positions on Nasdaq. The patterns are not yet confirmed, probably it will take a few more weeks or not, I don't know but once confirmed, bloodbath!! BTC has a strong support at 30K...

ArturoL Updated 

Utility sector has been very strong over the year. The oil price appears to go up next year and is going to push the energy sector stocks higher. The double bottom in the weekly timeframe is pushing the price higher and the symmetrical triangle is about to break to the upside.

ArturoL

Not everything is crashing. Hope, a bank company, just confirmed and inverse HS in the monthly timeframe. This a very strong reversal pattern to the upside. The FED is going to raise interests rates which means that the financial sector benefits. We are in a good point of entry, it may pull back to test the broken resistance (or it may not) and that would be the...

ArturoL

The SP500 doesn't look good. Many things are going on here: 1. The weekly candle closed below the resistance 2. Bearish divergence in short and long term with the RSI 3. It appears to be forming a HS pattern in the weekly timeframe. We will know for sure in a few weeks. 4. On top of that the FED announced the end of money "printing" by March. 5. Only the big cap...

ArturoL Updated 

EURJYP and the others mayor pairs against the JPY have broken the downtrend from 2008. EURJPY is forming a bullish flag and is highly probable that the price breaks out and continues its uptrend. I marked up the resistance levels to take partial profits. I'm planning to hold this trade for months since is a high timeframe but with big moves. If the price breaks...