BaliShag

BaliShag

Bullish bat/shark like structure completing at potential channel bottom.

BaliShag

Several danish stocks closed at or near the completion of some rather nice harmonic patterns last friday. This is just some of them. The danish OMX C20 index did fail a very precise bullish Gartley, so the first target for this possible bounce could be a test of that area from below: invst.ly The reaction from that test should be a good indication on the strength...

BaliShag Updated 

In case we don't get back above the failed bullish Cypher PRZ, the Nen Star completing right at a bigger but uglier Cypher pattern, could be a bullish strong hold. Btw. we stopped right at the same parallel that last years december pull back instantly turned on before the bull rally. Interesting.. Just a side note:

BaliShag Updated 

Bullish ab=cd (NB.: not from absolute high which would give a 100% target just above 1030) RSI forming a bullish bat pattern Double bullish divergence (RSI BAMM setup?) Good result from the intra day bullish Gartley (Ratios were good on my brokers chart, but price seemed to be distorted here?): I don't have much experience with patterns in the RSI, but...

BaliShag Updated 

Minor dip before the rally??

BaliShag

Way too early to be counting on the Bat, but the structure is clearly there. Break above the zone at 195 triggers the bullish BAMM (Bat Action Magnet Move), whereafter a bullish bias should pay off, until the Bat is completed. Let's see how this plays out. I'll try to update with possible setups along the way, if it doesn't have a total melt down right after I...

BaliShag

Just a quick thought on Maersk B if it moves higher. Daily downtrend so the potential short setup from the 5-0 or reciprocal ab=cd would be with the underlying trend, although I think it could be close to the bottom.

BaliShag

Overshoot, back below, retest without breaking the down sloping trendline.. I usually don't have an opinion about the longer time frames, but besides last month's bullish candle, this doesn't look that bullish to me right now. Combine that with succesful daily bearish patterns on SP500 (Gartley) and DOW (Bat) and the fact that we didn't test the highs from before...

BaliShag

Three waves up to a bearish deep crab. Potenial bat / alternative bat if it breaks above this PRZ:

BaliShag

Nothing special. Just wanted to share some old private charts that turned out to be pretty much spot on. DOW completed the bat pattern and after a minor adjustment to the pitch fork to match the bottom, it turned out to be a precise test of the upper down sloping median. Another thing I noticed some time ago was the similarities with last year's october-december...

BaliShag

N.B. Daily downtrend!

BaliShag

Bearish bat Invalid bearish deep crab (only 2.24 BC ext., not 2.618 which is slightly above prz at 273.1) Measured move / "reciprocal ab=cd" Potential channel top Potential median line RSI 14 overbought N.B. Not a lot of clustering in the zone. Watching price action, RSI and potential intra day bearish setups for confirmation.

BaliShag Updated 

FLS completed the daily bearish 5-0 with a minor instant reaction. We've just had another test which resulted in a succesful bearish bat on the hourly time frame. See private chart below. Targets if 250 is taken out would be the potential bullish bat/leonardo close to the last bottom. In case of total break down I have marked som older lower targets. For now I...

BaliShag

Bearish bat Gap close just above Potential channel top Overbought with potential divergence N.B. Very bullish long term trend!

BaliShag Updated 

Bullish Bat + Nen Star + AB=CD + potential channel bottom. Would be nice to see the down trend end at this zone ;)

BaliShag

Just some possible patterns on Deutsche Post. I make a lot of these charts, but I usually keep them private for learning reasons and as a kind of watch list, so bear in mind that this isn't actual planned trades. Besides that I'm hoping that analyzing the DAX members individually, could help me understand DAX itself better. Kinda obvious I guess ;)

BaliShag

Just some observations on time/cycles. Maybe it means something, maybe it doesn't, but it looks like we could see some relief soon. Great potential support zone too. Monthly chart:

BaliShag

Just some long opportunities I'm looking at after the initial succesful wolf wave pattern I posted on a private chart here: Several lines intersecting in the same area as the reciprocal ab=cd completion in the first box. If it fails and breaks down instead I will be looking at the potential butterfly pattern around 43.