ColinGallaghere5

ColinGallaghere5

DAX 30 Currently in phase C stage of distribution. Optimal entry here will be upon a successful retest of the lower boundary of the range from beneath.

ColinGallaghere5

Very bearish market geometry on display in the Euro Stoxx 50 chart. Bearish are certainly in control with bulls failing to create new highs this years and also a recent failed to re-enter the trading range. P&F count for this one brings us down the 3100, this ties up nicely with a the previous horizontal resistance developed in 2016. Good luck! For more info on...

ColinGallaghere5 Updated 

The above chart is the Bloomberg Galaxy Crypto Index Increase of supply that lead to the most recent decline leads me to think that were are currently testing what may possibly be our last point of supply. Bulls need to hold this range as a break here will result a panic sell off in the market. Someone is also doing their best to "paint the tape" with a lot of...

ColinGallaghere5

See above what I believe to be a re-distribution. Current P&F Targets are 5280. I would expect to see at least another test of the yellow range and possible higher.

ColinGallaghere5

See ascending distribution range above. Weakness in the market is very clear in phase A (heavy sign of weakness in phase D. At time of writing we have just broken the "ice". P&F Count renders a target of 7021. There will also be confluence for support at this range from previous highs.

ColinGallaghere5

15m TF WYckoff distribution event. P&F Count gives a lower target of 2732. I have not included the most recent BU resistance test here. If included it would increase the count to 72. This event is occurring in conjunction with price encountering an ascending TL resistance. I will be watching price at opening to look for weakness in the market. A gap down pre...

ColinGallaghere5

See the long term accumulation event unfolding in ZNGA Inc. We are currently in the process of backing up to the previous highs during phase C of the prior event. Zooming into the H1 there is a smaller -re-accumulation event occurring. This is a prime example of "an event within an event". In this case, We see the re-accumulation on the H1 act as the backup test...

ColinGallaghere5 Updated 

Parabolic BTC projections Red channel more likely. Note thrower in 2014 was the catalyst for the sustained bear market.

ColinGallaghere5

Textbook distribution playing out here with JP225USD. Price is being rejected form a daily resistance as we see bull pressure fading towards the latter stages of this range. At time of writing P&F count is currently 1050 giving us a lower target of 22000. heavy rejection on the H1 TF has further increased the probability that bears are in control here. Maybe a...

ColinGallaghere5

See above what I believe to be a raising accumulation range in C M C Markets. Clear buying climax volume signature shows market acceptance for price in this Trading range. In phase C we see a large increase in supply. This can be considered an attempt by the CO to bring price back to down to the 90 mark. Clearly this failed as we continued to witness higher...

ColinGallaghere5 Updated 

Auto Trader is n the latter phase of an 2 year accumulation that began a few months after IPO. SOS in the last couple of days following on from the typical phase C higher lows suggest that floating supply has been dried up and the markup phase is about to begin. P&F count give an upper price target of 820 - there is no timeline on this target. o the H1 TF,...

ColinGallaghere5

MY ENTRY FOR TRADE DEVILS DISCORD CHALLENGE.

ColinGallaghere5

After going through a 10yr accumulation 888 holdings PLC has been on a trend channel advance for the past year. P&F count from lower accumulation gives an upper target of 515. A recent pullback to previous resistance at 300 has provided a low % entry opportunity. A slow pullback toward the lower trend line in the coming weeks would be a better entry. Price at...

ColinGallaghere5

Technicals See graph for evidence of 10 year Wyckoff event that is currently reaching a conclusion. P&F count for the trading range gives an upper target of 901. I would expect we encounter some resistance as we move towards the previous all time high as retail traders look for a break even sell. A final back up test is would also a possibility meaning price...

ColinGallaghere5

For my first post, I'm going to keep it simple. Cup & Handle formation for Cardano, climaxing at the end of May. Target $1.31. I bought in at 0.163 (Heavily).Price at time of posting is BINANCE:ADAUSD Great fundamentals in this project. Github activity suggests a team of hard working individuals with a goal in mind. Easy money in my opinion. Best of luck to all!