BaliShag

BaliShag

I have nothing below, so if this doesn't hold I'd suggest it'll continue to at least 175 DKK. I don't trade harmonic patterns any more and haven't got a clue on their win rate these days, but it is a nice bat pattern too ;) Haven't got too much trust in this lvl, but I thought I'd share it since there's a decent drop to the next area of interest.

BaliShag

Look for signs of reversal between 300-325. AB=CD to possible channel bottom/doubling of earlier channel and zone.

BaliShag

IHS at weekly channel low. AB=CD/possible first pullback to zones and channel low. Take it at least to gap close.

BaliShag

I've been looking at the scenario for over a year, but it just seemed too extreme... Not anymore though. Let's see. Should at least move up to the quarterline if successful, which is about 60%!

BaliShag Updated 

Testing the break down zone. Looking for a measured move down. Will be using this zone for longs if it instead breaks above and retests.

BaliShag

Pullback to the 0.75 line in a big possible channel. Take it to the 0.875 line and an old zone.

BaliShag

Looks like middle symmetry in a bigger move down to possible channel low and a pitchfork C-point.

BaliShag

So many touches and measured moves fitting in this pitchfork makes me believe it might stay important. Maersk could be hitting the bottom line from the minor pitchfork and the bigger one at the same time, which is in the area of the "flip" zone and right shoulder of a possible inverted SHS. This would end up being a swing down of approximately 3300 DKK and Maersk...

BaliShag

Should at least see a minor reaction from the zone.

BaliShag

Trying to catch a big one in Vestas. AB=CD to zone. Pitchfork looks decent. Not a lot of sellers on the current 1h dip.

BaliShag

Looking for a swing up to test the zone + set a possible right shoulder.

BaliShag

Measured move compared to the 2008 bear market + channel bottom, ab=cd completion, lots of buyers on the last pull back up, lack of sellers going down now and what looks like a decent final point for the pitch fork.

BaliShag

Doubling of channel. Expecting it to test middle line or at least upper zone.

BaliShag

Bullish cumulative delta. Bull flag af trendline. Up we go

BaliShag

Been having this idea since the 13th of march low

BaliShag

Expecting to see BTC continue to the zone 53.500-58.000 (optimaly 56.000-57.000) and give a nice mean reversion short opportunity to the very least. I might even be aiming for something close to a 13.000 point drop (measured move), if everything looks good. Any breaks above the zone and I'll enter long on a retest.

BaliShag

4h Wolfe wave / AB=CD to trendline and decision point

BaliShag

Former shoulders resistance, S/R and lower median line. Bullish above, bearish below.